Haven't logged in for about a week, logged in today to check where my sell order is... It seems my sell order, which had been on the books for a few weeks was cancelled since I see no record of it any longer...
Frustrating to have an order on the books for weeks just to login and see nothing there...
This is still officially in "ICO phase", even though they are paying out profit share (which is nice Frustrating to have an order on the books for weeks just to login and see nothing there...
)They have pegged the share price to a dollar value, however, the purchase price is actually in BTC.
As we all know, the USD>BTC price are uncomfortable bed fellows and have not been stable for very long.....ever......
I guess to avoid devaluing the shares, and more importantly to continue towards their target ICO funding (which is in USD ,not BTC), they have to from time to time, tweak the price of the Banx shares. This has been a consistent hike in the BTC price each time, as I say, to keep to their pegged USD valuation per share.
As they increase the minimum price per Banx share, I guess it makes sense that their system will wipe out any sell orders that are below the new minimum.
Whilst annoying, I don't see any way around it, and really, it doesn't happen very often.
You could do some pre-emptive sell orders assuming the BTC price will continue to slump, but really, just check once a week, only takes a minute...or of course, sit on them and enjoy the dividend if you are able.