Quote from: alchemy20 on September 28, 2017, 05:52:38 PM

Quote from: jrfsl on September 28, 2017, 01:21:46 PM

Quote from: Rigorous on September 28, 2017, 11:06:49 AM

Quote from: jrfsl on September 28, 2017, 07:43:47 AM

I'm considering buying VIBE on etherdelta, but what I don't understand is the wildly different price of each purchase. Also, why do some people buy at a higher price than the lowest sell order. This doesn't make sense at all.

There is no price matching on EtherDelta.

Let's say the order book looks like this:

9000 @ 0.10
4000 @ 0.09
1000 @ 0.08

You want to buy 5000. On most exchanges you can click on the 0.09 and it will get you the 1000 @ 0.08 and the 4000 @ 0.09. On EtherDelta you'd only get the 4000 @ 0.09, leaving the 1000 @ 0.08 in the order book. That's what I think happens.

But what's happening is, some buyers are ignoring 4000 and 1000, and buying directly at 9000. It looks like they are choosing to pay a higher price when they can pay lower.

Noobs' learning curve...best losses come early though.

LOL! So I finally worked out why the big price differences - smart contracts are slow moving! Finally got hold of some vibe, after many tries!