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General Discussion / Re: Can BM estimate the market open time?
« on: August 30, 2014, 04:26:25 am »
Yes please... an estimate would be great.
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In my understanding, the COVER button will use the BitUSD you have in your account. You will have to place a regular order to BUY at the price you want to COVER and THEN use the COVER button once it's bought.
I'm probably showing my extreme lack of market savvy here but I can't seem to find the option in the market:
I shorted about 3000 BTSX for $100USD. To make a 10% return on this I need to cover when USD/BTSX is at about $0.38/BTSX. How do I put that in now? Just go long at 0.38 or is there a limit cover order or do I just need to keep an eye on it?
See, I would say that the person shorting 2000 bitUSD at 80 cents is annoying, bordering on antisocial. Those people trying desperately to prop up the peg with their $1 orders are heroes.
A few minutes ago, creating an asset cost me 100BTSX, now it's 246BTSX, why is that and what's the rule?
BTW, it seems that I can not create any asset, so it's not like Bitshares ME?
Thanks