Bitcoin Forum
October 23, 2017, 02:15:48 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Who supports a ban on orderbook flooding ???? I know I do, so lets vote it in  (Read 445 times)
jestronix
Member
**
Offline Offline

Activity: 75


View Profile
August 19, 2013, 08:13:56 AM
 #1

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.
1508768148
Hero Member
*
Offline Offline

Posts: 1508768148

View Profile Personal Message (Offline)

Ignore
1508768148
Reply with quote  #2

1508768148
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
lonesoul
Sr. Member
****
Offline Offline

Activity: 308


View Profile
August 19, 2013, 09:01:11 AM
 #2

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

Please click this link-> https://mcxnow.com/?r=Stuartnorth       (The link is a referral link, it costs you nothing, but provides a little bonus for me if you click through to the site. Please help feed my baby. Thanks :-) )
smoothie
Legendary
*
Offline Offline

Activity: 2058


LEALANA Monero Physical Silver Coins


View Profile
August 19, 2013, 09:07:55 AM
 #3

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

Pointless in my view.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Hydroponica
Full Member
***
Offline Offline

Activity: 182


fml


View Profile
August 19, 2013, 09:57:48 AM
 #4


jestronix
Member
**
Offline Offline

Activity: 75


View Profile
August 19, 2013, 10:22:14 AM
 #5

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


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 Smiley. 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"
Hydroponica
Full Member
***
Offline Offline

Activity: 182


fml


View Profile
August 19, 2013, 11:01:07 AM
 #6

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

jestronix
Member
**
Offline Offline

Activity: 75


View Profile
August 19, 2013, 11:17:41 AM
 #7

bbbbaaaaaaahhahaahaahah  , did someone say something ? oh wait ...... just another sheep.
digitalindustry
Hero Member
*****
Offline Offline

Activity: 812


Rocking Retro world since that Star got moved !


View Profile WWW
August 19, 2013, 12:34:05 PM
 #8

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.....

tiny rick !
- https://voat.co/v/Contact/
- Twitter @Kolin_Quark
jestronix
Member
**
Offline Offline

Activity: 75


View Profile
August 19, 2013, 12:49:15 PM
 #9

um yeh .......
Pmalek
Hero Member
*****
Offline Offline

Activity: 611



View Profile
August 19, 2013, 12:58:54 PM
 #10

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

SYSCOIN - DECENTRALIZED MARKETPLACE , BLOCKCHAIN FOUNDRY
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!