Bitcoin Forum

Economy => Service Discussion => Topic started by: blacklig on January 11, 2014, 06:30:21 PM



Title: how does bter execute orders
Post by: blacklig on January 11, 2014, 06:30:21 PM
Hi, does anyone know how bter execute orders?

I wanted to sell some WDC there today, I put it into sell order with cheapest price.. it was just small amount, like 300 WDC, I skipped some bigger order just being few satoshi cheaper but bigger seller probably got angry to see anyone above him, so he changed his order on same price as I did, but like 1 minute later.
So I supposed when I was first offering on that price, my WDC should be sold if anyone buys on that price.
But then I saw like 10 minutes later that 200 WDC was sold on that price but only 10 of them were mine. How is this supposed to work?
Seems to me if you are last with offer, you are first to be executed :D which looks quite horrific..
Anyone know?