A pic that was called bs, why share it?
Because I guess (and it's only a guess) that that dumb manipulator used Quatloo Trader to do this.
This is a bot trader coin in the end, the bot isn't that smart yet
Nope, it's a really dumb user who is doing that.
He harms us all, for his own interests.
Bad vibes for the bot;
and to hide large parts of the truncated order book ...
... harms everyone because it hides essential information.
Perhaps that whole function should be removed,
or at least restricted to a max number of repetitions.
Or limit the total number of orders per user per market?
The exchanges could also rewrite their views on the orderbook, and
aggregate all neighbouring orders within (recent amplitude divided by 50)
- but that would be information loss, too. And what is "recent" during a rally, or flashcrash?
And anyways, then we could not put our order positions as finely tuned anymore.
((hah, another idea: A parabolic step function which shows orders around the current price finer grained than far away. Exchange: Contact me, I program that for you :-) ))
But they ... just wouldn't rewrite all of their views, is my feeling.
When I asked about the same thing in August, I got this message from a major exchange:
As far as orderbook manipulation goes, we do take steps to remove malicious or abusive bots when we find them.
my answer to him was:
Bots can be used in an acceptable, and in an malicious way.
It's much less the bot than the customer who is using a bot in that way.
To me it seems as if it makes more sense to warn the respective user,
and if he doesn't stop, block his trading access.
my 2qtl
reward me: [qtl] QanRXFSJNp8a3H94ZDubiGLQat9YGRMsRE
