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Price feed relative orders in 2.0?
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Topic: Price feed relative orders in 2.0? (Read 1266 times)
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September 06, 2015, 09:31:22 pm
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#2
monsterer
Hero Member
Posts: 1872
BitShares:
monsterer
GitHub:
wildbunny/metaexchange
Re: Price feed relative orders in 2.0?
I don't know about 2.0, but you can place relative orders right now on metaexchange, including our bitUSD market.
Specify the price as a percentage of the mid price, after clicking 'Relative'
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September 06, 2015, 09:14:04 pm
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#1
speedy
Hero Member
Posts: 1160
BitShares:
speedy
Price feed relative orders in 2.0?
Are price feed relative orders on BitAssets going to make a reappearance in 2.0?
If I remember correctly the main argument against it was that it placed too much power in the hands of the delegates providing the price feeds, thereby leaving the system open to manipulation. But the way I see it anyone who does issue a relative order is making a personal choice and he alone takes the risk. The risk is not socialized.
If we had feed relative orders then liquidity on everything would be guaranteed as market making would be trivial.
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Price feed relative orders in 2.0?