few days ago, I got an email from bittrex, some parts of it was interesting, now, today, an article was
written that cause me to LAUGH AT BITTREX
let's take a look at some things, from the email i got :
Removing stale orders: Effective today, Bittrex will be removing orders that are older than 28 days. As we’ve communicated in the past, many of these orders have no reasonable expectation of being filled and clog the order books.
now,
SHIT HEAD BITTREX, who are you kidding?
order books, at the programming back end is just tables on SQL data base. clogging data base?
DO YOU EVEN KNOW WHAT IS SQL DATA BASE?
Raising the minimum trade size
Really? who are you to
dictate me how much i can trade?
Creating minimum tick sizes
Who are you to
dictate me the tick size i want to use?
A general statement about market manipulation tactics: Bittrex actively
discourages any type of market manipulation,
including pump groups. Consistent with our terms of service, we will
suspend and close any accounts engaging in this type of activity and notify the appropriate authorities
Now, this is the laughing part, on one side you are saying that you discourage market manipulation, on the other hand you ARE manipulating the
ORDER BOOK, you ARE manipulating the
TRADE SIZE, you ARE manipulating the
TICK SIZE,... what else is there to be
MANIPULATED
?
Now, you are including pump dump group, you kidding me?
aren't you the one closing the wallets right before many pump or dump moves in your market time and time and time again?
aren't you the one that manipulates all aspects of the market (order book, trade and tick size)?
As a trader, when i decide to take a position, I would think that what I see in the order book is
THE REAL DECISION PEOPLE MAKE IN MARKET.
how would I know you didn't manipulate the order book? when i want to put orders, I want to have flexibility in my money management policy and price decision making, and again, YOU are FORCING me to make different size on my trade size and the price I want to use,
FORCING ME TO HELP THE DUMP OR PUMP.
At the end, no matter what nice words you use, you are just fooling newbies and kids, not a professional who can see your motives and moves.
