When viewing the market as $ per BTSX... the current price is $0.038
You can place a short order at up to $0.042, the short order will only execute against people asking $0.038 or less per BTSX.
No need to be the "first to submit" unless you are attempting to short at more than $.042...
Edit: On the short BTSX page if the median price is 26.5 (or $0.038) it only lets me enter a short higher than 26.5 which is <$0.038. So how do I enter a short at up 24 ($0.042) as per the example above?
I'm obviously being stupid but this is the thread for it...
I still don't know how to enter a short at a higher $ value than the median. BM's example seems to suggest I can enter a short up to 10% below the peg so that I get to be first in line when there's an opportunity to short at 1-1 and the difference is captured as fees. What am I misunderstanding here.
Enter it through the console, you might have to set allow_stupid_XXXX to true in some cases...
I requested implementing allow_general_stupidity command, as it will serve/describe me better, but I still do not see it ... 
I presume you're joking about the console thing, I don't know what's going on. It seems everyone else understands.
Simple question to anyone. We used to allow shorting below the peg, this damaged the peg because too many wanted to short, so we introduced price feeds so that no BitUSD could be brought into existence unless there was demand for it at 1-1.
However I thought people could still compete at 1-1 by entering orders below the peg (like 0.95) so that they would be first in line to short if someone wanted to buy BitUSD at 1-1 or above (& the difference would be captured as fees) However I can't enter a short below the median, watsup?
Or what simple thing am I not understanding, 250 BTSX to the first person that can make me understand.