knightmb (OP)
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February 20, 2014, 02:41:22 PM |
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As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.
Thanks for any helpful responses.
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Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
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MZD
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February 20, 2014, 04:30:44 PM Last edit: February 20, 2014, 04:54:32 PM by MZD |
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dancupid
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February 20, 2014, 04:36:26 PM |
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As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.
Thanks for any helpful responses.
Is the answer 'all of them' ?
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austin
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February 20, 2014, 05:41:17 PM |
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As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.
Thanks for any helpful responses.
Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate.
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faiza1990
Sr. Member
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February 20, 2014, 07:11:37 PM |
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on cryptsy you can sell on your own price but mostly rates equal to other exchanges nothing special
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ISAWHIM
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February 20, 2014, 07:24:54 PM |
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You need to look at "Trade exchanges", not just "Exchanges". Trade Exchange = To make offers (bid/ask) or (buy/sell) {You set the rate you desire, as an "order"} Exchange = To get an exchange, at a specified exchange-rate that the exchange has offered. Here are a few "Trade exchanges" and "Exchanges", otherwise known as "Markets"... (Look under the markets menu on top.) http://bitcoinwisdom.com/
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nobbynobbynoob
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February 20, 2014, 07:27:20 PM |
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As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.
Thanks for any helpful responses.
Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate. Unless you are patient enough. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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worldtreasurefinders
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February 20, 2014, 07:46:59 PM |
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On BTC-e you can set a sell price for whatever you want, but unless someone is willing to buy it from you at the price you set, it'll just sit there forever.
Conversely, you can set a buy price at whatever you want, even one penny. But unless someone puts in a sell order for that price, it'll just sit there forever.
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Architect, Anarchist, Numismatist, Crypto-Enthusiast.
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Tomatocage
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brb keeping up with the Kardashians
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February 20, 2014, 07:49:10 PM |
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You'd think that someone with over 370K BTC would know at least something about the exchanges...
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CrashX
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February 20, 2014, 08:16:17 PM |
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BTC-e has an auto buy and sell option. Pretty easy to use.
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SgtSpike
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February 20, 2014, 08:19:07 PM |
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As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.
Thanks for any helpful responses.
Hey now, you said you sold/gave away all your coins!
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jeffg
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February 20, 2014, 09:19:19 PM |
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Is the answer 'all of them' ?
The answer is correct.
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knightmb (OP)
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February 21, 2014, 12:45:49 AM |
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Is the answer 'all of them' ?
Unfortunately, no. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
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knightmb (OP)
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February 21, 2014, 12:46:33 AM |
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Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate.
Ok, thanks, I never saw those options listed on the site, but I guess you have to have an account first to see the rest.
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Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
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knightmb (OP)
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February 21, 2014, 12:47:55 AM |
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You need to look at "Trade exchanges", not just "Exchanges". Trade Exchange = To make offers (bid/ask) or (buy/sell) {You set the rate you desire, as an "order"} Exchange = To get an exchange, at a specified exchange-rate that the exchange has offered. Here are a few "Trade exchanges" and "Exchanges", otherwise known as "Markets"... (Look under the markets menu on top.) http://bitcoinwisdom.com/Thanks for the link. I know the difference, but many sites don't make it clear exactly what they do.
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Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
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knightmb (OP)
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February 21, 2014, 12:48:48 AM |
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Hey now, you said you sold/gave away all your coins!
Not looking to buy or sell, just research. Got out of that game a long time ago. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
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knightmb (OP)
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February 21, 2014, 12:51:36 AM |
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BTC-e has an auto buy and sell option. Pretty easy to use.
Thanks everyone, I appreciate the quick replies. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Timekoin - The World's Most Energy Efficient Encrypted Digital Currency
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Swordsoffreedom
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February 21, 2014, 12:51:57 AM |
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Probally Dealcoin
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worldtreasurefinders
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February 21, 2014, 01:24:13 AM |
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Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate.
Ok, thanks, I never saw those options listed on the site, but I guess you have to have an account first to see the rest. You don't have to have an account; just go to the site and the first thing you see is a big buy list and sell list. Who do you think are setting those figures? It sure as hell ain't the BTC-e staff.
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Architect, Anarchist, Numismatist, Crypto-Enthusiast.
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StarfishPrime
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February 21, 2014, 04:47:51 AM |
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As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.
Thanks for any helpful responses.
Isn't being able to set bid/ask prices basically what defines an exchange? Any "exchange" with only set-price market orders wouldn't really be an exchange, just a service. (like Coinbase, for example - a very useful service, but not an exchange)
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