So if the purchaser doesn't have a Gox account, they will simply pay in BTC and then, assuming the autosell option is on, they will be sold for dollars after 6 confirms. Do you know if the vendor already has enough BTC as a buffer in his Gox account, can the autosell happen instantly? Example...
I have a Gox account with 20 BTC and a non-Gox buyer purchases a product for 10 BTC. 10 of my 20 BTC are sold and the 10 from the purchaser get credited to my account, meaning I have 10 BTC + 10 BTC with no confirms. Is there any way to make this work if it doesn't work that way already?
That's a good question. I don't use the autosell feature so I'm not sure. Let me know if you get an answer! One of the reasons I haven't used the autosell is because I assumed that it'd have to wait for the 6 confirmations, so if there was a fire-sale due to falling valuation I could get stuck losing on each transaction.