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April 13, 2013, 09:08:08 PM |
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Yeah it is going to be horrible next week unless MtGox gets their act together. The sad thing is volume isn't even that high.
Of course MtGox stupidly still allows (as in you can do it right this very second) a user to place for example 1000 x BUY 0.001 BTC @ $100 orders instead of BUY 1 BTC @ $100 orders. I was convinced in the last lag-freeze this was done intentionally to bring the engine to its knees. Now on lower volume if someone wants to lag it all to hell they simply need to break their orders even smaller say 10,000 x BUY 0.0001 BTC @ $100.
If someone wants to they could keep MtGox permanently in lag regardless of how much actual volume is occuring. MtGox does nothing. No limits on max # of transactions (as opposed to max tx value). No preventing multiple orders at the same price by the same client, no limiting order generation & cancellation throughput via the API (you can bulk create 10,000 orders then immediately cancel them, then immediately create another 10,000 orders, then immedately cancel them and just keep that loop going forever).
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