Well I just became one of the fools that accidentally sells a large block of MH on Zenportal for $10. I was selling some Zens at $10.24 ($10.75 after GAW adds its 5% to sale price and $9.73 to me after it takes its 5% cut from the seller) the miners move every time one is renamed or sold and it seems that they moved as I clicked and I didn't notice so I sold a batch of Hashlets I paid over $1500 for at a total price of $9.73.
The hashlets were literally gone before my finger came up from the click which makes me wonder if the suggestions on hashtalk (long since deleted) that GAW automatically buys all these mistake sales are true.
That sucks. I do believe they auto buy at a certain price threshold as well.
I am thoroughly convinced that GAW buys hashlets when they are listed under market value. I put 80 MH/s up at $13 per mh/s when they were selling for $14 and before the webpage had gone back to my miner page after clicking the last accept button they were already gone so in less than maybe two seconds. Which means someone opened the market page, clicked pay, and clicked the last accept button in 2 seconds is just not possible.
Making a mistake, admiting it and moving on : Great
Making a mistake, admiting it and blaming someone else : Not so great ...
There are lots of people on the market, most of the people will jump on a cheap hashlet it's no surprise they disapear quickly (and 2s is possible, i did that when i bought lots of prime one at a time you get used to it). Gaw have no interest in buying back their hashlets they are already making a lot of money with the 10% charge on a sell
Yea, I'd have to agree... Them buying their own hashlets that are basically virtual machines that they create out of thin air makes no sense..
Makes more sense people are constantly browsing the market and/or bots are at work.
Well, yes, GAW can create any number of virtual "hashlets" and put them on the market as they see fit.
However, a hashlet in the hands of a customer is a liability for the company, even if this means they have to pay virtual "nothingness" in the form of the hashpoint tokens.
So it makes perfect sense for GAW to just add a few lines of code to their totally controlled market in their totally controlled servers to strip a careless customer off their property.
Given the aggressiveness of the company, given than everything we see on zenportal site is under total control of GAW, it is 100% certain that they do employ such tactics.
Besides, it has been asked again and again in hashtalk from people who have lost money to just add a simple check on sell prices and the software could warn the seller with a simple message like
YOU ARE SELLING AT A VERY LOW PRICE, DO YOU AGREE TO MOVE ON?
Well, I guess GAW's servers do the checks alright. But not to warn the customer. To trigger an immediate buy so one less liability for GAW.