Quote from: smooth on May 09, 2014, 09:57:03 PM

Quote from: mmitech on May 09, 2014, 09:53:58 PM

Quote from: smooth on May 09, 2014, 09:38:44 PM

Quote from: mmitech on May 09, 2014, 10:48:22 AM

and by the way, when you trade a fucking $200.01 and pay $0.01 more as fee, of course a $0.01 will change your life right ? and if you do that 100 time a month this would sum up to $1 in total, this will get you broke!!!

This is wrong because there is automated trading that does a high volume of trades in a short period of time. Even if you don't do this yourself, if your orders are traded against by algorithms you may get many, many executions. There is no reason to assume 100 trades in a month is a lot. You could get 100 trades in a minute.

I am aware of bots and the way they work but 100 trade a minute !!! why ? it is not like you see major price moves over the course of a minute...it is just plain retard to do that then complain about paying more fees, and again, rounding prices up is all around your daily life, you just don't feel it or know about it.

It may be retarded but the problem is you don't have to be the one doing it. You can put in one big order and bots can trade against your order in a 100 (or 1000) little pieces, costing you up to an extra 0.01 in fees each time. This may add up to a lot.

sure, that is the case of the OP, and now 5$ minimum will limit this problem, unless a retarded person set his bot to execute orders of $5.01 to pay more fees !!! except if the subject here is not only the fees but it is an accusation to Bitstamp of trading against people's orders to make more money from the fees, is this what you want to say ?