My question...Why does Bitex not show all the sell orders for UNAT?
-We are showing full order book.
The lowest sell order is currently listed at .07, which is what is has been for over a day(as long as I've been watching). Yet, as soon as I put in a buy a few hours ago at .02, it went through immediately. Then, listed in the trade history, are a bunch of transactions for .045555 down to .01 from roughly the same time period.
-Miners removed low-priced orders.
What am I missing? Why are all the sell orders not showing?(hitting the 'All' button in the 'Sell orders' window does not yreveal any other trades either). Are there hidden sell orders?
-No.
Sorry for all the questions, I am still new to all of this. Just looking for clarification.
Why, when there were not any sell orders for less than .07 listed, did my buy order for .02 go through immediately?(as well as more than 20 other trades less than .07)
Maybe what I am asking is what exactly does "Miners removed low-priced orders" mean? Can you explain to the layman in a little more detail on how this works?
Thanks!
JJ