Quote from: venkat11 on November 19, 2016, 07:00:04 AM

Quote from: shylastrikes on November 18, 2016, 12:06:01 PM

Quote from: secondstrade.com on November 18, 2016, 08:47:58 AM

Quote from: shylastrikes on November 17, 2016, 09:57:40 PM

I did the following bet:

https://blockchain.info/tx/a5577b56fe6b8cc64914a8e3b6b94aaf1bf93675697750e68e5604845305fcb9

It was a EURUSD call. I sent the transfer on 2016-11-15 02:23:43, but the trade was not executed until 2:53:27, 30 minutes later.

The payment was sent from Electrum, which is a wallet you recommend and I saw the transaction in blockchain.org a second after I sent it.

http://secondstrade.com/tx.jsp?tx=a5577b56fe6b8cc64914a8e3b6b94aaf1bf93675697750e68e5604845305fcb9

Not only that, the price of EURUSD was ~1.07515 when the option was finally purchased, but it spiked on your platform to 1.0756 and then right back down. And the option was executed at 1.0756 even though no other feed had that price movement (FXCM, Interactive Brokers or ThinkorSwim...three of the largest forex brokers). Here is an example of a similar price spike soon after the bet was made:

http://prntscr.com/d8mf2l

So basically, even with the 30 minutes extra to execute my trade, I should have won it, or at the least tied it depending on what price the option was traded at...so can you return my bet. This was my first bet and I want to place a lot more but I want to know that it will be done fairly.

EDIT:
Here is the price of EURUSD when the option was purchased. This is from TDAmeritrade, one of the worlds largest brokers.

http://prntscr.com/d8mm4r

The red line is 1.0756, and the oval is the 1 minute bar the time the bet was made. As you can see, the price was nowhere near 1.0756. And I am sure that if you look at your price feed, it will show the same spike that I linked before. Also, I know that price feeds can be different but never by 5 pips, and your price feed has matches TD Ameritrade and the other broker's that I use within 0.3 pips, while this spike was ~5 pips. Even though I was clearly suppose to win the bet, I would be fine if you just refund it. I think that would be the fairest option.

as you notice on http://secondstrade.com/notice.html, the transaction have too small fee will be executed after 1 confirmation.
Currlently the amount of fee need at least 20000 shtosi in the trasaction on our site.
but your transaction fee was 0.00011797 BTC.
so your bet was executed after 1 confirmation.

you can check the confimation time on the https://blockchain.info/tx/a5577b56fe6b8cc64914a8e3b6b94aaf1bf93675697750e68e5604845305fcb9

and our quote get from xignite.com. we just use the data.

thank you.

Your website says "Currlently the amount of fee is at least 20000 shtosi per KB of data in the trasaction." (proof: http://prntscr.com/d8u2vo). That means a fee rate of 0.0002 BTC per KB of data, my transfer was 52,416 shtosi per KB of data, well above the 20,000 required. The fee rate is shown here:

https://www.localbitcoinschain.com/tx/a5577b56fe6b8cc64914a8e3b6b94aaf1bf93675697750e68e5604845305fcb9

or you can simply calculate it. The transfer was 225 bits (which equals 0.225 KB), and the fee was 12693.6 shtosi. 12693.6 / 0.225 = ~56416 shtosi per KB....again, well above the 20000 required (250% more). So clearly this bet should have been done right away, not after 1 confirmation...

ALSO:

If you look at http://www.xignite.com/, their clients include TD Ameritrade (http://prntscr.com/d8u07x, you can see TD Ameritrade in the middle row, third to last one)...which is the chart that I showed you:

http://prntscr.com/d8mm4r

TD Ameritrade and you use the same exact price feed, the prices are the same. The only difference is that your prices randomly spike because the data is unfiltered.

Again, here is an example of a price spike:

http://prntscr.com/d8mf2l

In this example, the price did not jump from 1.07534 all the way to 1.07565 and then right back. Nobody else shows this move, even TD Ameritrade which uses the same exact price feed (from xignite.com).

This is the same exact price feed, and I proved to you that the price was at the most 1.07515, not 1.07560 when the bet was made. It did not even get close to that level until 20 minutes later. I also showed you a screenshot of your prices spiking randomly. Eitehr way, I should have won this bet because the price of EURUSD was higher from when I bought it to when it expired.

Please sent my payout..thanks

http://secondstrade.com/tx.jsp?tx=47f1f306cbff51cb6165b519fcfddd30bd89f9b67bc45ec6bfb9471164db09d8

http://secondstrade.com/tx.jsp?tx=bcd5f02d9db886d788e9bbe693411783fc8e20db3b0ebffed1afe7c384066480

For secondstrade: you say that you use forex from xignite.com, but you also say you use bid ask data from FXCM, which is it?