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Author Topic: Britcoin showing price swings of 0.25 to 100 !  (Read 2622 times)
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June 21, 2011, 10:38:09 PM
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Ye how about we throw your poo at britcoin over this aswell?

It clearly shows low=0.25 and high=100 on bitcoinwatch.com aswell, why only sling shit at mtgox when something doesnt look right?

...In the land of the stale, the man with one share is king... >> Clipse

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June 21, 2011, 10:39:09 PM
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My claim is no site is safe.
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June 21, 2011, 11:20:22 PM
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Ye how about we throw your poo at britcoin over this aswell?

It clearly shows low=0.25 and high=100 on bitcoinwatch.com aswell, why only sling shit at mtgox when something doesnt look right?

Ok so i was wrong i missed 2 trades that went through for 0.5 and 0.25 GBP they each resulted in 50000/10^8 or 0.0005 GBP changing hands in each

those orders where placed selling 0.001 BTC for 0.0005 GBP and 0.002 BTC for 0.0005 GBP respectively

when using britcoin remember that the order you say you're willing to sell for might very well be the price it is fulfilled at, even if there are other better offers.
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June 22, 2011, 12:24:03 AM
 #24

when using britcoin remember that the order you say you're willing to sell for might very well be the price it is fulfilled at, even if there are other better offers.

That seems very counter intuitive to me and (I would guess) non-standard for exchanges generally. I know that Betfair tries to fulfill trades as the best offers available, so if you're looking to bet at odds of 0.5 it'll be met with any higher odds first. I don't think this non-standard behaviour should be hidden in the small print.
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June 22, 2011, 01:52:41 AM
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Ye how about we throw your poo at britcoin over this aswell?

It clearly shows low=0.25 and high=100 on bitcoinwatch.com aswell, why only sling shit at mtgox when something doesnt look right?

Ok so i was wrong i missed 2 trades that went through for 0.5 and 0.25 GBP they each resulted in 50000/10^8 or 0.0005 GBP changing hands in each

those orders where placed selling 0.001 BTC for 0.0005 GBP and 0.002 BTC for 0.0005 GBP respectively

when using britcoin remember that the order you say you're willing to sell for might very well be the price it is fulfilled at, even if there are other better offers.

So what you are saying, if the lowest ASK is 0.01 and the lowest BID is 1, that BID will be cleared with the 0.01 ASK ?

This makes no sense and sounds horrible.

...In the land of the stale, the man with one share is king... >> Clipse

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