Post
Topic
Board Service Announcements
Re: Bitmit - Bitcoin shopping mall - Bitcoin market place - Bitcoin auction house
by
TimJBenham
on 13/08/2013, 02:24:10 UTC
I don't really care if someone makes an order and then doesn't pay - it doesn't cost me anything, and the order is automatically cancelled by Bitmit after a few days.

It means you are granting them a free put option on their bitcoin. If you are selling money at something close to fair value then this can cost you something.