Bitcoin Forum

Guys whos with me on this one, lets end orderbook flooding on our exchanges, lets pressure the owners to bring in a limit per coin per account to say something reasonable say 3 per sell and buy. Im well over orderbook flooding, like mozzies at a BBQ F(*&king useless and annoying, I know people see through the crap, but why not vote it out. Exchanges need to jump on this one.

This would be detrimental to the exchanges that do this in my opinion.)

the reason being is that if people like me end up getting caught buying at a spike, then i tend to leave sell orders and then buy more to average down, inserting a new sell order each time so i know that i make profit from each lower buy - i then leave them in place to get filled over time.

if i was limited to the amount of buys/sells i could have then i would end up finding it harder to average down and would then find another exchange which would allow me to trade more freely.

Dont get me wrong I get frustrated at an artificial market which suddenly vanishes but thats just one of the risks ;-)

So I'm  sorry but I would have to vote against a cap on buy/sell limits

All the best

Stuart

This gives exchanges liquidity. Limiting it is like trying to control free-market forces.

Pointless in my view.

I see your points, and agree to a degree, on averaging down you need 15 sell orders and 15 buy orders ? could you not operate with 4 buy , 4 sell ? atleast your busy day aint in my face that way :). I think there comes a balance of trading in blocks and then just outright spamming.  Or the exchanges should at-least make their order-books detachable so I can then see past your 15 trades on a second monitor.

its a bit like rocking up at the markets and instead of having a little stall, you roll your tables out across an entire street and say its detrimental to trade and i need to show all my items at once, this is a free country, these markets will suffer,  digital space on an orderbook is no different.

Why not carry a few manikins to the supermarket, just incase theres a faster lane ? Well cause its kinda rude ? Same deal, but hey just my opinion,

I just think we need some kinda limit, not a complete iron fist ban.  Maybe I should change my title " Who wants to be kind to others and limit their orders for all"

Hear that? That is the sound of no one agreeing with you. Fuck off ::)

bbbbaaaaaaahhahaahaahah  , did someone say something ? oh wait ...... just another sheep.

That's nothing ...

lets make it so you can only buy some types of currencies .

and what we will do is, ok , is,  all vote on which ones , then its all democratic and shit,  right ?

wait wait...

better idea .

scratch Crypto ,....hmmm need to think....

wait !

lets make it so you can only buy the USD, ok, stay with me here !, what we have to do is get a case of whiskey, and i know these guys in Saudi Arabia right.....

um yeh .......

I need over 10 open buy/sell positions to work sometimes, that kind of limitation would take me off the exchange forever!