Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
Cor2
on 22/01/2014, 23:34:18 UTC
WARRNING !!! Cryptsy service has bug - and for sure before fix this DOGE dont will be increase

this sell order is for 5h already - frozzen - and is no possible to buy this - i try few times

Price (BTC)   DOGE   Total (BTC)
0.00000165   3021.57809000   0.00498560

So when people go to Cryptsy and start buy DOGE - they start from 0.00000165 Sad (because this is lower price - frozen order.)

request to each check this myself Wink

its a bot...
It is not a bot, because then it would show up in the history and it does not - it is just sitting there...

Just another reason to user vircurex or bter instead.
Point is - Even though it is laggy and transfers in/out are taking many hours iso seconds, the Doge volume is at Cryptsy.
I realised today that with the regular 200M trade volumes in 15 min intervals and the 0.2 + 0.3% fee, Cryptsy is making 1 Million Doge per 15 min which is a staggering amount and should be a good driver for improvement - it seems that the speed of trading is frequently limited by Cryptsy's lag. This morning I saw the value going up from around 170, so I put an order in for buy at 171.
Full 5 mins later (!!!!!) I finally saw my order appear on the overview of open orders and by that time it had gone up to 175, so I put in another
buy order at 177 or so - again 5 min later the price was already well above 180 I was that order appear, so I again submitted an order at 185 -
it appeared when market was around 190 and so I finally submitted another buy order at 190.
Final result was (after the price came down a little) that in the end, I got my buy orders at 190 and 185 fulfilled and I cancelled the old orders
at lower price.
Now, *that* I was no too happy about, ealier experience was that orders were taken and executed relatively fast (within seconds)
even though the transfer of funds in/out would take hours. This is not good for trading - it invites oscillation of the price level.