Cryptsy - Good But Needs Big Improvement

[jonanon]

I trade daily on Cryptsy, while I don't have some of the issues reported by some I believe there should be a minimum trade order in place to avoid idiots trying to manipulate the market. Right now I see an order for 0.1 ANC in place just above serious orders - this should not be allowed.

I think there should be an order minimum equivalent to at least $10 otherwise it is open to serious spamming abuse.

I know it's not likely to charge but come on it's ridiculous!

 

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[jonanon]

Even worse some knob rot has placed an order for 0.0000001 ANC trying to increase the price.

Markets should be allowed to move freely without people trying to affect them.

We need minimum order volumes on Cryptsy!

[undeadbitcoiner]

That is what trading is called, People are free to bet there price who knows it could go up and could go down.
There is some restrision in some coins for volume thats fine.

[QuestionAuthority]

You're worried about trade in Anoncoin? Do we have mods working the holidays?

[jonanon]

I'm not worried I just don't think people should be allowed to put an order in for an infinitesimal amount to try and swing the market.

0.1 ANC is worth a tiny amount - no one can seriously want to change this for BTC - what's the point.

I'm only saying there should be minimum order amounts.

[jonanon]

That is what trading is called, People are free to bet there price who knows it could go up and could go down.
There is some restrision in some coins for volume thats fine.

Sorry that's not what I meant - of course people can put in a price they want, that's not the issue. The issue comes when they offer to buy 0.023 ANC for xxxx BTC - this order is too small and should be banned - they are only doing this to try swing the market in the direction they want. I'm only saying we need minimum orders. Say $10 minimum order would eradicate this practice.