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Main => General Discussion => Topic started by: wuyanren on April 10, 2015, 10:09:47 am

Title: USD market becomes deformed
Post by: wuyanren on April 10, 2015, 10:09:47 am
Who way change?
Title: Re: USD market becomes deformed
Post by: pc on April 10, 2015, 10:13:56 am
There's a huge volume of expired shorts waiting to be filled.
Title: Re: USD market becomes deformed
Post by: wuyanren on April 10, 2015, 10:35:12 am
There's a huge volume of expired shorts waiting to be filled.
Do you have a good solution?
Title: Re: USD market becomes deformed
Post by: xeroc on April 10, 2015, 11:13:23 am
There's a huge volume of expired shorts waiting to be filled.
Do you have a good solution?
it's a FREE market .. let it happen .. everyone knows the rules ..
Title: Re: USD market becomes deformed
Post by: vlight on April 13, 2015, 10:18:44 am
There is no way to buy BitUSD.
Title: Re: USD market becomes deformed
Post by: monsterer on April 13, 2015, 10:28:25 am
There is no way to buy BitUSD.

You can't short it to yourself?
Title: Re: USD market becomes deformed
Post by: vlight on April 13, 2015, 10:39:35 am
There is no way to buy BitUSD.

You can't short it to yourself?

Tried and failed  :-[
Title: Re: USD market becomes deformed
Post by: monsterer on April 13, 2015, 10:50:22 am
I predict things about about to get 'interesting' as per the old chinese curse.
Title: Re: USD market becomes deformed
Post by: pc on April 13, 2015, 11:27:18 am
You can't short to yourself because of this https://bitsharestalk.org/index.php/topic,15668.0.html
Title: Re: USD market becomes deformed
Post by: monsterer on April 13, 2015, 12:36:09 pm
You can still buy bitUSD, I just bought at 1000 BTS as a test :)
Title: Re: USD market becomes deformed
Post by: svk on April 13, 2015, 12:39:41 pm
You can still buy bitUSD, I just bought at 1000 BTS as a test :)

Yea someone decided to sell a huge amount of bitUSD right now which is eating into the cover orders. Current 24h volume is 112k bitUSD!
Title: Re: USD market becomes deformed
Post by: Markus on April 13, 2015, 12:43:22 pm
Yeah, somebody seems to be cleaning up.

When you're finished with USD, please check out BTC and JPY too. Same problem.
Title: Re: USD market becomes deformed
Post by: svk on April 13, 2015, 12:46:09 pm
He's getting a good price for his bitUSD as well at feed price + 10%! Pretty fascinating to watch :)
Title: Re: USD market becomes deformed
Post by: monsterer on April 13, 2015, 12:59:49 pm
He's getting a good price for his bitUSD as well at feed price + 10%! Pretty fascinating to watch :)

I wondered what the angle was... so he sells it all high to the covers, and then buy's it back from the feed when they've all been filled?
Title: Re: USD market becomes deformed
Post by: Markus on April 13, 2015, 01:06:34 pm
Still thirty odd grand missing. Come on little bit more! :)
Title: Re: USD market becomes deformed
Post by: svk on April 13, 2015, 01:15:46 pm
Still thirty odd grand missing. Come on little bit more! :)

Haha indeed, he was on such a good roll! Guess he ran out of bitUSD :(
Title: Re: USD market becomes deformed
Post by: svk on April 13, 2015, 01:52:22 pm
There we go, bitUSD market just got unstuck :)
Title: Re: USD market becomes deformed
Post by: vlight on April 16, 2015, 04:57:05 pm
And it's stuck again. Nobody wants to sell their BitUSD for a premium price. And shorting is risky because it would be hard to close it without taking  a loss.
Title: Re: USD market becomes deformed
Post by: pc on April 16, 2015, 07:04:44 pm
It's not "stuck". You can't blame the market engine if no one wants to short at 10% above the feed.
Title: Re: USD market becomes deformed
Post by: Shentist on April 16, 2015, 07:17:56 pm
It's not "stuck". You can't blame the market engine if no one wants to short at 10% above the feed.

it is - just take a look!
Title: Re: USD market becomes deformed
Post by: Xeldal on April 16, 2015, 07:49:14 pm
It's not "stuck". You can't blame the market engine if no one wants to short at 10% above the feed.

It is stuck.  No shorts are getting filled, at any price.
Title: Re: USD market becomes deformed
Post by: vlight on April 16, 2015, 07:56:58 pm
You can short at feed price or feed price + up to 10 %. But you cannot buy BitUSD at this range, only if someone is willing to sell BitUSD at 10%+ price.
Title: Re: USD market becomes deformed
Post by: Xeldal on April 16, 2015, 08:05:13 pm
Its working now, someone cleared it out.