Author Topic: Lots of short orders expired or expiring  (Read 563 times)

0 Members and 1 Guest are viewing this topic.

Offline abit

  • Committee member
  • Hero Member
  • *
  • Posts: 3016
    • View Profile
    • Steemit Blog
  • BitShares: abit
  • GitHub: abitmore
Lots of short orders expired or expiring
« on: March 10, 2015, 06:38:17 pm »
BTS/BitUSD pair.  :-[ :-[
Price is far from feed price.
BTS account: abit
BTS committee member: abit
BTS witness: in.abit

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12524
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: Lots of short orders expired or expiring
« Reply #1 on: March 10, 2015, 06:55:24 pm »
thats actually nice because people can profit from this ;)
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline Ander

  • Hero Member
  • *****
  • Posts: 3507
    • View Profile
  • BitShares: Ander
Re: Lots of short orders expired or expiring
« Reply #2 on: March 10, 2015, 07:25:39 pm »
thats actually nice because people can profit from this ;)
I'm not sure thats a good thing.  This is a zero sum trad,e so if someone is profiting from the price differential, it means someone else is losing and possibly become disillusioned with trading on bitshares.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline roadscape

Re: Lots of short orders expired or expiring
« Reply #3 on: March 10, 2015, 07:41:20 pm »
thats actually nice because people can profit from this ;)
I'm not sure thats a good thing.  This is a zero sum trad,e so if someone is profiting from the price differential, it means someone else is losing and possibly become disillusioned with trading on bitshares.

Couldn't one just re-short? And the potential for profit at this moment has nothing to do with previous trades.
http://cryptofresh.com  |  witness: roadscape

Offline Ander

  • Hero Member
  • *****
  • Posts: 3507
    • View Profile
  • BitShares: Ander
Re: Lots of short orders expired or expiring
« Reply #4 on: March 10, 2015, 07:42:26 pm »
thats actually nice because people can profit from this ;)
I'm not sure thats a good thing.  This is a zero sum trad,e so if someone is profiting from the price differential, it means someone else is losing and possibly become disillusioned with trading on bitshares.

Couldn't one just re-short? And the potential for profit at this moment has nothing to do with previous trades.

True, that will probably happen.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline yellowecho

Re: Lots of short orders expired or expiring
« Reply #5 on: May 08, 2015, 08:35:04 pm »
My shorts expired yesterday but I can't access my computer until tomorrow.  What're the current rules on this?  Will the market automatically cover at feed?  Will I be hurt if I don't cover?
696c6f766562726f776e696573

Offline maqifrnswa

  • Hero Member
  • *****
  • Posts: 661
    • View Profile
Re: Lots of short orders expired or expiring
« Reply #6 on: May 09, 2015, 02:56:27 am »
My shorts expired yesterday but I can't access my computer until tomorrow.  What're the current rules on this?  Will the market automatically cover at feed?  Will I be hurt if I don't cover?

Market will cover at the feed. No fee or penalty. If you don't mind riding it out, you can just sit back and wait.
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true