Re: [ANN][XCN] Cryptonite - NEW Thread! | 1st mini-blockchain coin | BOUNTIES!
All,
I have a question. I'm new to Novaexchange and last night I sold my 1300 cryptonite coins. The sell price I put in was 0.00002 BTC - but then something strange happened. It sold the first 40 cryptonite coins at a price of 0.00002BTC, the next 500 cryptonite coins at a lower price of 0.000018 BTC and the remainder for even lower than 0.000018 BTC - why does this happen ? Surely, if there is ONE sell price that has been stated explicitly then why should different amounts be sold at different prices ?
I understand that buyers have put in buy orders - but it shouldn't matter because I the seller explicity stated the one price of 0.00002BTC - why should it make decisions to sell my coins at different prices ?
Could someone please explain how the sell system at Novaexchange works, to avoid further embarrassment in the future.
Many thanks in advance.
I have a question. I'm new to Novaexchange and last night I sold my 1300 cryptonite coins. The sell price I put in was 0.00002 BTC - but then something strange happened. It sold the first 40 cryptonite coins at a price of 0.00002BTC, the next 500 cryptonite coins at a lower price of 0.000018 BTC and the remainder for even lower than 0.000018 BTC - why does this happen ? Surely, if there is ONE sell price that has been stated explicitly then why should different amounts be sold at different prices ?
I understand that buyers have put in buy orders - but it shouldn't matter because I the seller explicity stated the one price of 0.00002BTC - why should it make decisions to sell my coins at different prices ?
Could someone please explain how the sell system at Novaexchange works, to avoid further embarrassment in the future.
Many thanks in advance.
I think it fixed the price at which you will sell all your coins automatically. This the price for which there is buy support. You have to make sure that you set the price next time.