Or just raise the minimum quantity of an order to 1 BTC.
People should still be able to trade small amounts. We don't know what they're selling/buying so can't put a price on it. However, that flexibility shouldn't be abused to spam the order book.
Topic: Mt.Gox vandal bot (Read 1277 times)
People should still be able to trade small amounts. We don't know what they're selling/buying so can't put a price on it. However, that flexibility shouldn't be abused to spam the order book.
Or just raise the minimum quantity of an order to 1 BTC.
This bot is just filling the order history with noise; slowing down the server and making the price chart less informative for the rest of us.
Here's the fix, Mt.Gox programmers:
If someone wants to trade 0.0001, they still can. But they should then expect to wait 0.01/0.0001 (Using CONSTANT=0.01 for my example) or 100 seconds until their next trade.
For anyone trading a reasonable amount, the time would be so small that it wouldn't affect them.
Here's the fix, Mt.Gox programmers:
Code:
$MIN_TIME_TO_NEXT_TRADE = $ARBITRARY_CONSTANT / $BITCOINS_IN_THIS_TRADE
If someone wants to trade 0.0001, they still can. But they should then expect to wait 0.01/0.0001 (Using CONSTANT=0.01 for my example) or 100 seconds until their next trade.
For anyone trading a reasonable amount, the time would be so small that it wouldn't affect them.
+1
This bot is just filling the order history with noise; slowing down the server and making the price chart less informative for the rest of us.
Here's the fix, Mt.Gox programmers:
If someone wants to trade 0.0001, they still can. But they should then expect to wait 0.01/0.0001 (Using CONSTANT=0.01 for my example) or 100 seconds until their next trade.
For anyone trading a reasonable amount, the time would be so small that it wouldn't affect them.
Here's the fix, Mt.Gox programmers:
Code:
$MIN_TIME_TO_NEXT_TRADE = $ARBITRARY_CONSTANT / $BITCOINS_IN_THIS_TRADE
If someone wants to trade 0.0001, they still can. But they should then expect to wait 0.01/0.0001 (Using CONSTANT=0.01 for my example) or 100 seconds until their next trade.
For anyone trading a reasonable amount, the time would be so small that it wouldn't affect them.
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