Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
Today's value of your unexchanged doesn't mean much though, the conversion rate at the moment of exchange can be significantly different and result in less (or more) btc. For example a couple of days ago, a big piece of blue was converted to red for only +-70% of its stated value.
Meh, just as often it ends up being worth more. It tends to average out over time.True, it might grow/shrink purely based on changing market value (although it would be hard to derive that from just the graph, with any kind of certainty). So it can go either way and probably average out over time.
However, the 70% thingy would never go the other way I think. Normally the decrease in blue is just about the same as the increase in red at a given point in time. A couple of days ago, the red increase was significantly less than the blue decrease. I.e. the unexchanged was exchanged for a lot less than its stated market price (seen one pixel to the left).
For it to ever be the other way around, a buyer would need to take the unexchanged for more than market price. They say a fool and his money are easily parted, but I don't think this particular scenario is going to happen
