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Author Topic: Unrealistic orders on GLBSE  (Read 1091 times)
Jutarul
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August 31, 2012, 04:02:55 PM
 #1

Look e.g. at https://glbse.com/asset/view/ASICMINER

I wonder what the purpose is of a sell order for 1 share @ 999,999,999 bitcoin.
Obviously its not gonna get filled for more than one reason. (Unless GLBSE introduces the concept of fractional shares).

Also if the market crashes someone buys at 0.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
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btharper
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August 31, 2012, 04:20:53 PM
 #2

Plenty of threads on this already, including more than a couple posts in the GLBSE features thread created by Nefario. There are usually more complains about the bid for 100,000 shares for 0.00000001 People place shit orders and then the wonderful graph that should mean something doesn't all of the sudden.
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September 01, 2012, 01:32:23 AM
 #3

they are trying to catch some hack events.

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GeoRW
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September 01, 2012, 08:07:05 AM
 #4

they are trying to catch some hack events.

yes, like someone will ever have 999,999,999 bitcoins to buy a share  Grin
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September 01, 2012, 09:08:31 AM
 #5

they are trying to catch some hack events.

yes, like someone will ever have 999,999,999 bitcoins to buy a share  Grin

There could be fake bitcoins created on GLBSE.

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ThePok
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September 01, 2012, 09:10:12 AM
 #6

Thats useless....as hacker you dont want to buy shares....you want to sell shares and escape with the BTC...
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September 01, 2012, 11:50:45 AM
 #7

These bid/ask are put on purpose just to spoil the graphs.

A simple zoom-in implementation could solve this. However, fees charged do not pay for such effort Roll Eyes

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