2016 BTC Market Transaction Thread - Week 1

Come on now. Lift my offer. You won't get a better price than this. You know market's gonna go up if we don't beat BC more than what was predicted in the poll.
 
Akinji07 said:
Come on now. Lift my offer. You won't get a better price than this. You know market's gonna go up if we don't beat BC more than what was predicted in the poll.
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I'll buy at $90, current market price.
 
By the way, when someone has an offer or bid in the market. If the offer gets lifted or the bid gets hit, you don't need a confirmation from the first party. The trade is done. That way you won't have to check this every 5 minutes and that's how trading generally works. You can't pull out once your offer gets lifted. But you can withdraw your bid or offer before it gets transacted.
 
Akinji07 said:
By the way, when someone has an offer or bid in the market. If the offer gets lifted or the bid gets hit, you don't need a confirmation from the first party. The trade is done. That way you won't have to check this every 5 minutes and that's how trading generally works. You can't pull out once your offer gets lifted. But you can withdraw your bid or offer before it gets transacted.
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Good point.
 
So if we win on Saturday what's the price that gets adjusted by 12.5%? The last trade on Friday at 5?
 
coit said:
All set.
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Btw how can you be the exchange commissioner and an active trader at the same time? Isn't that a conflict of interest? You thought this was Wall Street and you're Goldman Sachs?
 
Akinji07 said:
Btw how can you be the exchange commissioner and an active trader at the same time? Isn't that a conflict of interest? You thought this was Wall Street and you're Goldman Sachs?
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All a part of my master plan.

I'll try to think of a way to lock in the numbers. Otherwise you will just have to trust me.
 
I'm offering another 50 shares at $99. Please erase my previous offer of 20 shares at $100.
 
coit said:
All you got!
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I'll sell as many as you want at $95. If the price goes up, as someone who bought early at $90 you now have an incentive to pay more so that the 12.5% of the final trade is a larger figure. Before game time you should bump up the final trading price.
 
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