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Author Topic: Bitstamp should be wary of the 0.01 Trades  (Read 487 times)
crazy_rabbit
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November 04, 2013, 04:12:28 PM
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I've been noticing a large number of "0.01" sells on Bitstamp, which reminds me of the Gox lag days when people gummed up the system and gave the impression of collapse by jamming the system with tiny sell orders. It would be nice to see/know if Bitstamp is being proactive about this in advance.

more or less retired.
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ksenter
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November 05, 2013, 12:05:28 AM
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Well that sounds like good advice... seeing as they seem to be down right now they probably should have heeded it.  Unless it's just down for me. Smiley

edit: nm, working again
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November 05, 2013, 12:18:51 AM
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I've been noticing a large number of "0.01" sells on Bitstamp, which reminds me of the Gox lag days when people gummed up the system and gave the impression of collapse by jamming the system with tiny sell orders. It would be nice to see/know if Bitstamp is being proactive about this in advance.

Nonsense. The only people dumb enough to fall for this trick are those complaining about it.
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November 05, 2013, 05:42:10 AM
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I've been noticing a large number of "0.01" sells on Bitstamp, which reminds me of the Gox lag days when people gummed up the system and gave the impression of collapse by jamming the system with tiny sell orders. It would be nice to see/know if Bitstamp is being proactive about this in advance.

why dont Bitstamp stop 0.01 Trades.

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