Bitcoin Forum
July 15, 2020, 12:58:36 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: tradehill buy/sell down for "couple days"  (Read 1330 times)
bitbot
Member
**
Offline Offline

Activity: 70
Merit: 10



View Profile
June 21, 2011, 03:55:49 AM
 #1

looks like no one can make any money off bitcoins for a while

Anonymous BITCOIN Exchange: https://www.TRADEHILL.COM
1594817916
Hero Member
*
Offline Offline

Posts: 1594817916

View Profile Personal Message (Offline)

Ignore
1594817916
Reply with quote  #2

1594817916
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1594817916
Hero Member
*
Offline Offline

Posts: 1594817916

View Profile Personal Message (Offline)

Ignore
1594817916
Reply with quote  #2

1594817916
Report to moderator
TraderTimm
Legendary
*
Offline Offline

Activity: 2394
Merit: 1067



View Profile
June 21, 2011, 03:57:56 AM
 #2

Status says otherwise. Can we have some input on misleading threads, mods?

https://www.tradehill.com/Support/Status

Thanks.

fortitudinem multis - catenum regit omnia
fcmatt
Legendary
*
Offline Offline

Activity: 1792
Merit: 1001


View Profile
June 21, 2011, 03:58:06 AM
 #3

looks like no one can make any money off bitcoins for a while

that appears to just be the instant buy and sell. not the normal buy and sell orders.
bitbot
Member
**
Offline Offline

Activity: 70
Merit: 10



View Profile
June 21, 2011, 04:01:29 AM
 #4

instant buy/sell is a key feature

Anonymous BITCOIN Exchange: https://www.TRADEHILL.COM
elk-tamer
Member
**
Offline Offline

Activity: 87
Merit: 10


View Profile
June 21, 2011, 04:07:09 AM
 #5

instant buy/sell is a key feature
The instant, yet guaranteed for a brief period trading thing doesn't make sense to me. To my uneducated eye, it seems like either they have to pad the trade like a bookie does, in which case they'll lose business to a real exchange, or they'll lose money from people using that time gap to their advantage.
Can someone explain how it works to me?
DamienBlack
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
June 21, 2011, 04:13:38 AM
 #6

instant buy/sell is a key feature
The instant, yet guaranteed for a brief period trading thing doesn't make sense to me. To my uneducated eye, it seems like either they have to pad the trade like a bookie does, in which case they'll lose business to a real exchange, or they'll lose money from people using that time gap to their advantage.
Can someone explain how it works to me?


I agree. I am confused how they are doing it.
finack
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
June 21, 2011, 04:17:23 AM
 #7

The instant, yet guaranteed for a brief period trading thing doesn't make sense to me. To my uneducated eye, it seems like either they have to pad the trade like a bookie does, in which case they'll lose business to a real exchange, or they'll lose money from people using that time gap to their advantage.
Can someone explain how it works to me?

The only legitimate way I can understand the feature is if they've decided to open themselves up to a certain amount of losses in order to provide a feature to distinguish themselves in the market. They figure they'll mostly be able to fill with the public order book, and only occasionally have to act as a market maker at relatively recent market price. The idea probably sounded a hell of a lot better to them when they imagined a tight bid/ask. With the spread occasionally sitting dollars apart today on much higher volume than they're used to it's no wonder they're turning it off for a while.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!