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Author Topic: Why did the price not go to $5.5? Answer: NO RESERVE  (Read 1272 times)
ineededausername (OP)
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January 01, 2012, 04:04:14 PM
 #1

Shorts are not being liquidated now... zhou is in the red again.

ugh I hate this.  I put in a buy order just then and got the dreaded NO RESERVE error.

(BFL)^2 < 0
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January 01, 2012, 04:07:03 PM
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how many red flags are needed?

no reserves is a big red flag
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January 01, 2012, 04:07:26 PM
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This is a very bullish signal!

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January 01, 2012, 04:07:56 PM
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I've only seen the * come up a couple times over the past hour and it went away almost instantly. I suppose it depends on how many coins you were trying to buy... Although, I did notice something strange in that both the ask and bid prices had * beside them meaning that apparently you could not buy OR sell there for a few brief moments. They both went away with the next automatic AJAX-magic refresh of the prices, though, so I'm not sure what could have caused that.
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January 01, 2012, 04:09:23 PM
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He's skirting the edge of 0 USD, though.  Never a good sign.

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January 01, 2012, 04:22:32 PM
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* = BullsEye
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January 01, 2012, 04:24:04 PM
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I've only seen the * come up a couple times over the past hour and it went away almost instantly. I suppose it depends on how many coins you were trying to buy... Although, I did notice something strange in that both the ask and bid prices had * beside them meaning that apparently you could not buy OR sell there for a few brief moments. They both went away with the next automatic AJAX-magic refresh of the prices, though, so I'm not sure what could have caused that.

what?!  * on both sides?  oh my, i'm gonna have fun with that one...
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January 01, 2012, 04:25:25 PM
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Shorts are not being liquidated now... zhou is in the red again.

ugh I hate this.  I put in a buy order just then and got the dreaded NO RESERVE error.

if they're NOT being liquidated now, they soon will be.
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January 01, 2012, 04:28:53 PM
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what?!  * on both sides?  oh my, i'm gonna have fun with that one...

Wish I could have gotten a screenshot but it really was only up there for the duration of one AJAX refresh. I am thinking there could be some sort of bug in his "red flag" coding, or they just have no money at all. I'm more inclined to believe that it is a bug rather than no funds, but that could be because I am in a rather profitable speculative position right now that I don't really want to liquidate yet with the way things have turned so bullish. I am just worried that when I do decide to cash out the cash will not be there (not that I want dollars, I just want to convert my profits into BTC, but still...).
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