This is a pet peeve of mine regarding the use of the word "auction":
If i understand correctly, you will fill the bids from top to bottom, so if you were to "auction" 500 shares and there were the following bids:
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
then each of those will pay their bid price.
My understanding (and the way this works in the real world) would be that all 500 shares should be allotted at the lowest price where all auctioned shares will be traded, which in this case should be 1.10 BTC!
Of course, when there are multiple orders at the lowest price limit, one would need to apply time-price-priority (orders are ranked by price, order of same price are ranked by time, oldest first).
Whilst I agree that this cuts into your margin, I will strongly advocate for GLBSE to implement such a modus for IPOs.
Topic: . - page 26. (Read 67488 times)
is there any chance you are going to increase the # of bonds sold each week past 2000 in the future?
Yes, this has been discussed and we are thinking about it.never mind .A will be held for 2 weeks and it would avoid the bonds from the same period being bought back and sold on the same day.
I've already done a lot on speeding glbse up after the update, I'll be doing more before Fridays IPO next week.
I expect to have a dedicated api.glbse.com just for working with the API, so it should be a lot faster(using the API that is).
We'll have another server for glbse.com as well.
To be sure to get in, don't leave it until the last few minutes to place an order.
I expect to have a dedicated api.glbse.com just for working with the API, so it should be a lot faster(using the API that is).
We'll have another server for glbse.com as well.
To be sure to get in, don't leave it until the last few minutes to place an order.
Well the system was very slow there for a while and I could not log on to do the sale - got kicked off in fact. But at the last second I was able to log in just in time. On my computer it showed me about 5 seconds late, but on the timestamps it shows us 25 seconds early.
I will ask Nefario if he can maybe put together a "sell at an exact time" feature so I can program the sale to go off at exactly the right time.
Thanks everyone, see you in one week for PPT.D!
I will ask Nefario if he can maybe put together a "sell at an exact time" feature so I can program the sale to go off at exactly the right time.
Thanks everyone, see you in one week for PPT.D!
had that problem as well glad I made it just in time. downforeveryoneorjustme.com showed glbse was down for a 5 minutes heavy load is getting worse with each sale
. its a date, next friday for PPT.D ill be there
Ok 6 confirmations, and I still don't see it
takes like 10mins longer glbse needs to catch up too. I missed PPT.A the same way 
OK who's going to make a bidnip.com for GLBSE, I'm in for sure 
https://glbse.com/info/api
Who says there is not already one.
indeed, but a user (non geek) friendly one pse on dedicated servers like bidnip
OK who's going to make a bidnip.com for GLBSE, I'm in for sure
https://glbse.com/info/api
Who says there is not already one.
OK who's going to make a www.bidnip.com for GLBSE, I'm in for sure
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