what does the error "Rate limit exceeded" imply when trying to execute an order?
EDIT: Same error with only 10BTC and no leverage
EDIT2: Same error with a simple buy/sell
It means that you're doing too much too fast and you'll have to wait a bit and move slower. I'll check on what the limits are set at now and make sure they're not too low for the tournament.
What's the starter funds?
Surely this is just a contest to see who can make the most sock pupppets (multiple accounts).
Trading +100% in a week is orders of magnitude more difficult making a new account.
Tip: Bitcoin was designed to make sock puppets ineffective
Starter funds will be announced at the time the tournament starts.
Only the top 3 accounts will receive prizes so it's better to have 1 account with a $1000 profit than 1000 accounts with a $1 profit. I'll clarify that in the announcement. Obviously, there are still some strategies that'd allow you to benefit from multiple accounts but you'll have work them manually with the trade api disabled.
So we can't use automated methods to trade during the week?
Sure, if you can find a way to automate your trading without the trade api.
