Buying bitUSD - PM me offers.

Started by zerosum, April 11, 2015, 07:12:59 PM

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EstefanTT

So if I understand it well, my shorts will be auto cover at 10% higher than the price feed when all the previous sorts still waiting will be covered ?

What will happen when the expiration date of my shorts will reach 0 days ? They will disapear and I will get a notificacion in the furture when it's covered ?

It's the frist time I reach that point and I'm a little worry about what is next.
Bit20, the cryptocurrency index fund [url="http://www.bittwenty.com"]http://www.bittwenty.com[/url]
(BitShares French ConneXion - [url="//www.bitsharesfcx.com"]www.bitsharesfcx.com[/url])

arhag

#4
Quote from: tonyk2 on April 11, 2015, 08:53:59 PM
Quote from: arhag on April 11, 2015, 08:33:38 PM
Uhh... why not just use the BitShares DEX? That's its purpose.

Edit: I just realized the market engine has a matching bug (again >:(). However, from what I understood, regular BitUSD sell orders (not shorts) would still match with your buy order.
I am not 270-290 BTS/bitUSD desperate... That are the regular sell orders as of this writing...

You don't buy those sell orders. You put a buy order at 225 BTS/BitUSD and wait. If no real BitUSD sell order matches at that price, then you probably won't be getting anyone PMing you offers either.

Also, if I understand the margin-call mechanics appropriately (and they are working according to theory other than the current short matching bug), then there is a (currently invisible) buy order at 10% above the feed price (so around 245.9 BTS/BitUSD). And that should be a buy order for at least 80,000 BitUSD. So if I am correct about this, then unless you are willing to increase your price to 246 BTS/BitUSD, you probably won't get a match anytime soon.

zerosum

Quote from: arhag on April 11, 2015, 08:33:38 PM
Uhh... why not just use the BitShares DEX? That's its purpose.

Edit: I just realized the market engine has a matching bug (again >:(). However, from what I understood, regular BitUSD sell orders (not shorts) would still match with your buy order.
I am not 270-290 BTS/bitUSD desperate... That are the regular sell orders as of this writing...

arhag

#2
Uhh... why not just use the BitShares DEX? That's its purpose.

Edit: I just realized the market engine has a matching bug (again >:(). However, from what I understood, regular BitUSD sell orders (not shorts) would still match with your buy order.

zerosum


Buying bitUSD for BTS. Pretty much open to any amount of bitUSD.

1. Will send the BTS first! (but I will split the BTS in several batches ).


2. Ultimately my choice how much to buy.  PM me your offer like - up to 500 bitUSD @ 225 BTS/bitUSD
i.e.  if we agree on a price  just send the corresponding amount of bitUSD to the BTS received  for each batch, at the agreed price

Thanks.