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Quote from: Rune on February 07, 2015, 06:55:20 pmQuote from: bytemaster on February 07, 2015, 06:28:40 pmExpired shorts do not pay fees. They will sell to anyone with usd looking to sell at just above the feed. So can anyone with BTS short bitUSD right now at 10% above the feed and make an instant 10% gain? Then this "backlog" should disappear very quickly.No, I tried and it doesn't work.. There are shorts from the feed price up to +10% right now and no orders are executing.Quote from: bytemaster on February 07, 2015, 07:21:35 pmIt will be covered by Monday is my prediction. How? They're not buying anything atm..
Quote from: bytemaster on February 07, 2015, 06:28:40 pmExpired shorts do not pay fees. They will sell to anyone with usd looking to sell at just above the feed. So can anyone with BTS short bitUSD right now at 10% above the feed and make an instant 10% gain? Then this "backlog" should disappear very quickly.
Expired shorts do not pay fees. They will sell to anyone with usd looking to sell at just above the feed.
It will be covered by Monday is my prediction.
Quote from: pc on February 07, 2015, 03:41:45 pmQuote from: Markus on February 07, 2015, 12:56:56 amIt looks like this is a BUG!Expired shorts are not matched against unlimited short orders. Selling BitUSD slightly below peg will get matched though.There's a known bug that unlimited shorts aren't considered when a short with a higher interest rate and a limit less than 0.9 of the feed price exists. https://github.com/BitShares/bitshares/issues/1315Quote from: Gentso1 on February 07, 2015, 03:11:05 pm"Short orders are forced to cover after 30 days by taking the best offers at the time. No fee is charged.Forced covers happen at the feed price or 10% below it.So the person or persons with the short in question, can they just let it ride forever? Are they still being charged interest?How does this end ?
Quote from: Markus on February 07, 2015, 12:56:56 amIt looks like this is a BUG!Expired shorts are not matched against unlimited short orders. Selling BitUSD slightly below peg will get matched though.There's a known bug that unlimited shorts aren't considered when a short with a higher interest rate and a limit less than 0.9 of the feed price exists. https://github.com/BitShares/bitshares/issues/1315Quote from: Gentso1 on February 07, 2015, 03:11:05 pm"Short orders are forced to cover after 30 days by taking the best offers at the time. No fee is charged.Forced covers happen at the feed price or 10% below it.
It looks like this is a BUG!Expired shorts are not matched against unlimited short orders. Selling BitUSD slightly below peg will get matched though.
"Short orders are forced to cover after 30 days by taking the best offers at the time. No fee is charged.
Quote from: xeroc ¯\_(ツ)_/¯ on February 07, 2015, 04:39:47 pmHm .. ok .. my impression was that a expired short is different from a margin call in such that the expired short is auto-covered at exactly the feed and not above (below, depends on perspective)That's the plan for the future, I think. Right now, both are treated the same.
Hm .. ok .. my impression was that a expired short is different from a margin call in such that the expired short is auto-covered at exactly the feed and not above (below, depends on perspective)
an expiring short results in a FORCED cover? I thought exporation is different from margin calls?!?