BitShares Forum
Main => General Discussion => Topic started by: cylonmaker2053 on March 17, 2016, 03:05:23 pm
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Where are the other market makers? I was surprised waking up today to see our USD, BTC, and SILVER markets with highest bids well below settlement. For the first time that I've been trading these markets I actually requested settlement just to try it out. I've closed the gap for these markets, but it looks like we're seeing an evolving (or maybe temporary) chance to make money simply buying below feed and settling like @JonnyBitcoin mentioned earlier.
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If I settle, do I Settle at feed price or at prices at the dex´s order book?
I have been buying well below the feed price for a while lol
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I saw this the other day in BTS:BTC. Thought about sweeping everything below feed, but it got me thinking.. why is there for the taking and nobody did it?
Maybe it is because they wouldn't be able to sell it back.
So I didn't touch it. A lost opportunity, perhaps >:(
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If I settle, do I Settle at feed price or at prices at the dex´s order book?
I have been buying well below the feed price for a while lol
my understanding is that you settle at the feed price (aka the settlement price), which means that if you purchase anywhere below that you can lock in a guaranteed profit by settling. Settlement takes 24 hours, though; I'm not exactly sure if the settlement price you lock in is exactly what it is when your transaction hits the blockchain, or the settlement price 24 hours when it closes? @JonnyBitcoin do you know?
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I saw this the other day in BTS:BTC. Thought about sweeping everything below feed, but it got me thinking.. why is there for the taking and nobody did it?
Maybe it is because they wouldn't be able to sell it back.
So I didn't touch it. A lost opportunity, perhaps >:(
looks like you have more opportunities :)
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If I settle, do I Settle at feed price or at prices at the dex´s order book?
I have been buying well below the feed price for a while lol
my understanding is that you settle at the feed price (aka the settlement price), which means that if you purchase anywhere below that you can lock in a guaranteed profit by settling. Settlement takes 24 hours, though; I'm not exactly sure if the settlement price you lock in is exactly what it is when your transaction hits the blockchain, or the settlement price 24 hours when it closes? @JonnyBitcoin do you know?
The price when it closes.
-
If I settle, do I Settle at feed price or at prices at the dex´s order book?
I have been buying well below the feed price for a while lol
my understanding is that you settle at the feed price (aka the settlement price), which means that if you purchase anywhere below that you can lock in a guaranteed profit by settling. Settlement takes 24 hours, though; I'm not exactly sure if the settlement price you lock in is exactly what it is when your transaction hits the blockchain, or the settlement price 24 hours when it closes? @JonnyBitcoin do you know?
The price when it closes.
thanks, i meant to follow up confirming that as well after my settlements closed. it is, indeed, the price at settlement close, not when initiated.