Quote from: DNotes on June 27, 2018, 02:18:13 PM

Quote from: 1Hakuba on June 27, 2018, 01:47:08 PM

Quote from: wiser on June 27, 2018, 01:10:28 PM

Quote from: Dyna on June 27, 2018, 05:09:53 AM

Quote from: wiser on June 27, 2018, 04:51:13 AM

So I've had some issues trading on Mercatox. I'm still trying to buy DNotes and get a good price for them, so I've been watching the BTC/NOTE market pretty closely. I've noticed a few things that bother me.

1. Often, there will be trades executed for which there were no prior orders on the books. One time recently I had a buy order of DNotes at 598 Satoshi. It was the only buy order at that price and had been sitting on the books for several hours. Well, there was a buy or sell for approximately that same amount and guess what, not one single bit of my order filled! I was wondering where that other standing order had come from. This is at least the second time something similar happened. Mostly, it's other prices that simply aren't listed on the books.

2. I asked in the exchange trollbox if Mercatox has hidden orders and explained briefly what I'd observed. A bunch of people weighed in saying they'd noticed the same thing and it bothered them too. Some theorized that it had to do with links to markets on other exchanges, but no one really knew. One person mentioned he'd even filed a complaint with the exchange.

Is there a realistic explanation for what I'm observing? I'm finding it really frustrating because I feel as if I'm not being given complete information about the BTC/NOTE market on Mercatox, which means I'm basically trading blindly.

I read an article recently which accused some exchanges of inflating their trading volumes and I've wondered if randomly throwing in fake trades might be one way to do that. However, I'm really hoping there is a much better explanation for this. I would like to know what's going on so that I can trade with more complete information.

Hi, wiser. I am sorry to learn about your frustrating experience trying to buy DNotes at Mercatox. Frankly, I had wanted to sign up for an account but did not find the time to do so. Here is one I can not come with an explanation.

I have personally, experienced "odd" tradings at other exchanges, including Poloniex where I purchased the most of my DNotes holding. I purchased ever single DNotes that I own. Sadly I have lost a substantial number of DNotes various exchanges - Crypto Rush, MintPal, Allcoins, and Crypsy that disappeared. I clearly have issues with exchanges in our industry.

I'm sorry to learn about your "odd" trading experiences, Alan. It sounds like those experiences have been costly. I can't say I've lost anything on those other exchanges. I lucked out and pulled out of Cryptsy before it went down (other than dust). I guess I lost some affiliate earnings on Allcoin because they automatically deposited to a defunct Allcoin address (but I blame myself for that and it's water under the bridge). A year ago, I really wasn't that much of a player so probably my trades were all normal even if the platforms were doing weird things.

The Mercatox thing is throwing me for a loop, though. I hate to say it, but I'm not 100% convinced that the DNotes volume is all real there, though I don't want to start accusing prematurely. It just has a weird feel to it, and like I said, there are so many executed trades which seem to come out of nowhere. Maybe since a lot of people trade with bots nowadays, they don't notice, but I haven't gotten any bots yet (anyone want to help me with that?), so I actually watch the markets I'm trading on, and yes, I do notice stuff that seems out of the ordinary. I usually trade on BitTrex and I've never seen anything like it there.

Wiser, I think you would have to contact Mercatox to figure out what is happening. If you arent satisfied, I would try stocks exchange for your Dnote trading. Also, be sceptical of what anyone says on the chat room/troll box.

After spending a great deal of time studying exchanges, knowing that one day we will want our own, I've come to realize there is a vast array of technical challenges and issues that pop up. Not many of these issues surface on the real stocks exchanges, because of all of the work done to minimize and reduce these issues, which just shows how advanced these stocks exchanges are. That said, it may be reasonable to assume there is some manipulation, but it also reasonable to determine many of these issues that arise are not nefarious in nature.

With hundreds or thousands of people are trading on the same web platform while being attacked every second of every day, keeping everything orchestrated in perfect communication is quite the challenge. There is some contrary evidence as well to indicate it may not be anything nefarious.

Thanks for weighing in. That is really good to know that there is a good chance it could simply be technical difficulties. If the order books simply aren't properly updating, that would explain a lot. TeeGee suggested I refresh my page, but I already do that constantly. There are clearly either orders posted that I am not seeing or random trades that execute from two bots buying and selling at the exact same price at the exact same time. It's times like this that I wish I were more savvy about the technical issues. I know a lot of exchanges have had issues with scaling up. I never traded on Mercatox before DNotes got listed so I'm not even sure if this is a new problem for them or an old one.

I'm really looking forward to trading on the DNotes Global exchange once it's ready. I know your software development team will really hammer it out to make sure there aren't those weird technical issues. Then when word gets out about that, YOU had better be ready to scale up!