pirateat40
Avast Ye!
Sr. Member
 Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
|
 |
January 17, 2012, 04:29:48 PM |
|
In true Forex fashion when you click that button and they cant get that rate for you it should read "Rates Changed". Now Bitcoinica just decides to treat it like a stock market order and place it when they can. Which is really not right and the reason I only use Limit orders.
I used Forex.com's trading panel before, and actually they allow you to set a percentage limit for "Instant Execution". So basically you're placing a limit order, but if it can't be executed immediately (due to "Rates Changed"), the order is abandoned. However, market order is market order. If you specifically place a market order, it shouldn't be canceled due to "Rates Changed". I understand what a market order is. It's just the way you're handling the instant buy/sell buttons that is wrong IMO. With the already long delay in order processing times, the price shown on the site when you click buy/sell could be much different once its placed. |
|
|
|
|
|
|
|
|
"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
RandyMarsh
|
|
January 17, 2012, 04:56:29 PM |
|
Why not disclose Bitcoinicas reserve balances?
Probably for the same reason I don't like to share my margin balance  I hope that was a joke. Zhous not betting against us, at least i hope not, disclosing the reserve balances would somewhat help prove that, it would also let us know hes not doin anything fishy with the moneys. |
Stan?! STAN?!?!
|
|
|
sgbett
Legendary
Offline
Activity: 2576
Merit: 1087
|
|
January 17, 2012, 05:14:43 PM |
|
1. Why do you want/need that information?
2. What are the ways in which this information can be abused?
The benefits of 1 need to outweigh the risk of 2.
I'm not very imaginative but I get a feeling that if this information was public, that someone more imaginative than me, with bigger pockets, might be able to use that to exploit some facet of bitcoinica's model. You could probably figure out exactly how leveraged up people are, and exactly how deep you need to go to force a squeeze.
Lets not give the alleged manipulator(s) even more ways to screw everyone else.
|
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
January 17, 2012, 05:59:42 PM
Last edit: January 17, 2012, 06:35:27 PM by SkRRJyTC |
|
Zhou how does your algorithm allow for red flag events on both the buy and sell? Is this expected/OK?
EDIT: I am done using Bitcoinica until this shit clears up. Not only does your site "Guarantee" liquidity but you are no where to be found / avoiding questions during these more and more frequent "red flag" / "*" / "illiquid" events.
|
|
|
|
|
sgbett
Legendary
Offline
Activity: 2576
Merit: 1087
|
|
January 17, 2012, 07:43:37 PM |
|
Yea if there is a problem, I'd rather he was spunking about on some shitty forum, rather than fixing it...
|
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
January 17, 2012, 07:46:33 PM |
|
Yea if there is a problem, I'd rather he was spunking about on some shitty forum, rather than fixing it...
How about a notification on their site or in their own help forums? I only say here because he seems to be more active here than anywhere. How about an explanation of how these red flag events and guaranteed liquidity or not mutually exclusive? |
|
|
|
|
|
Crypt_Current
|
|
January 17, 2012, 07:50:10 PM |
|
Yea if there is a problem, I'd rather he was spunking about on some shitty forum, rather than fixing it...
How about a notification on their site or in their own help forums? I only say here because he seems to be more active here than anywhere. How about an explanation of how these red flag events and guaranteed liquidity or not mutually exclusive? Bitcoinica is working fine for me, haven't seen any asterisk or any other problems all morning. Why any notification if it will not do much more than spread FUD? Zhou runs a business and wants to keep customers, not deter them. |
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
January 17, 2012, 07:51:30 PM |
|
How about an explanation of how these red flag events and guaranteed liquidity are not mutually exclusive?
|
|
|
|
|
|
Crypt_Current
|
|
January 17, 2012, 07:55:21 PM |
|
Woop, nm, i just saw asterisks...
|
|
|
|
|
