4 ms·
I wonder if the bots are the root cause of some/many of the gdax/coinbase service disruptions (the article mentions trading suspensions, but not service outages
by otp124 9y ago
I wonder if the bots are the root cause of some/many of the gdax/coinbase service disruptions (the article mentions trading suspensions, but not service outages).
- adjkant 9y agoThe GDAX API has a pretty low rate limit. The bots should be running 24/7, so the "cause" depends on your point of view I guess: if the increased human traffic is what kills the service, or if the existence of the constant bot traffic kills it. But I doubt that a huge spike it bot activity happens. The number of requests should be pretty constant, relatively speaking.
- gchokov 9y agoDO you really think these bots use the same API and routes that you and me use? No way!
- iopuy 9y agoWhat other API would they use besides the one provided by gdax?
- therein 9y agoThe GDAX FIX API has higher rate limits. :)
- adjkant 9y agoYeah, good catch, I didn't consider that. But still, what type of algorithm will see such an increase in number of requests during the crash times but not during any others? Based on what I've seen, the number of requests needed to run these algorithms again seems pretty constant over time.
- ycombobreaker 9y agoBased on my experience, it's totally reasonable that a strategy could require under one transaction (new order or cancel order) per second at quiet times, but over 100x that in a frenzied period.