Bitcoin Forum
August 30, 2024, 08:01:43 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Trading website that doesn't lock when asking/bidding  (Read 110 times)
gerywski (OP)
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
January 09, 2018, 12:29:54 PM
Last edit: January 09, 2018, 12:50:48 PM by gerywski
 #1

Hello everyone!

I'm interested to know if there is any trading website that doesn't lock the amount of the coin that you have asked or bidded.

That's nice if you have many different targets and you don't care which one is executed. You can bid or ask the same amount for many different coins so there is more probability that one of them (or some of them partially) will be done.

Thanks in advance!!! Smiley
Pursuer
Legendary
*
Offline Offline

Activity: 1638
Merit: 1163


Where is my ring of blades...


View Profile
January 09, 2018, 01:30:58 PM
 #2

no place will ever do such a thing because first of all it is a tough thing to program and secondly it will create fake orders in the order book which in other words means fake support and resistances in the books.
you can't just add fake orders to the market, that is unfair and makes analysis impossible. I can deposit 10BTC in an exchange and then place 10000 orders in all the markets and write a simple program that cancels the order and places it a little further down so it never gets filled either!

Only Bitcoin
gerywski (OP)
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
January 09, 2018, 02:41:00 PM
 #3

no place will ever do such a thing because first of all it is a tough thing to program and secondly it will create fake orders in the order book which in other words means fake support and resistances in the books.
you can't just add fake orders to the market, that is unfair and makes analysis impossible. I can deposit 10BTC in an exchange and then place 10000 orders in all the markets and write a simple program that cancels the order and places it a little further down so it never gets filled either!

I know that the logical thing is not to do it like that but I know one website that works like I said.
gerywski (OP)
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
January 09, 2018, 06:14:40 PM
 #4

up
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!