Does any Bitcoin Exchange exist that lets the user set the sell price?

giletto

sr. member

Activity: 812

Merit: 250

Quote from: ISAWHIM on February 21, 2014, 03:05:36 PM

Quote from: giletto on February 21, 2014, 01:58:18 AM

Re question: Is there any Exchange, where you can NOT set your selling price? Obviously you can set YOUR selling price at every single Exchange on this earth?

Btc-E, Bitstamp, Gox, Cryptsy and and and...

Or maybe i just don't get the point what you mean with Exchange.

Coinbase is an exchange... you just take what they offer. (Just for example. But there are other exchanges that only do an "exchange", not "bids". Requires less effort, and gives them the ability to be a "broker" themselves. They are buying on the lowest exchanges and selling on the highest ones, but only offering you something near the middle.)

Coinbase is not an real exchange.

Quote from: StarfishPrime on February 21, 2014, 12:47:51 AM

Any "exchange" with only set-price market orders wouldn't really be an exchange, just a service.
(like Coinbase, for example - a very useful service, but not an exchange)

ISAWHIM

hero member

Activity: 504

Merit: 500

Quote from: giletto on February 21, 2014, 01:58:18 AM

Re question: Is there any Exchange, where you can NOT set your selling price? Obviously you can set YOUR selling price at every single Exchange on this earth?

Btc-E, Bitstamp, Gox, Cryptsy and and and...

Or maybe i just don't get the point what you mean with Exchange.

Coinbase is an exchange... you just take what they offer. (Just for example. But there are other exchanges that only do an "exchange", not "bids". Requires less effort, and gives them the ability to be a "broker" themselves. They are buying on the lowest exchanges and selling on the highest ones, but only offering you something near the middle.)

giletto

sr. member

Activity: 812

Merit: 250

Re question: Is there any Exchange, where you can NOT set your selling price? Obviously you can set YOUR selling price at every single Exchange on this earth?

Btc-E, Bitstamp, Gox, Cryptsy and and and...

Or maybe i just don't get the point what you mean with Exchange.

StarfishPrime

sr. member

Activity: 358

Merit: 250

Quote from: Tomatocage on February 20, 2014, 03:49:10 PM

You'd think that someone with over 370K BTC would know at least something about the exchanges...

My first thought too. Knightmb is also the creator of timecoin.

Something doesn't add up. Could be a trust-building/trolling expedition by someone with access to the account...

StarfishPrime

sr. member

Activity: 358

Merit: 250

Quote from: knightmb on February 20, 2014, 10:41:22 AM

As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.

Thanks for any helpful responses.

Isn't being able to set bid/ask prices basically what defines an exchange?

Any "exchange" with only set-price market orders wouldn't really be an exchange, just a service.
(like Coinbase, for example - a very useful service, but not an exchange)

worldtreasurefinders

sr. member

Activity: 315

Merit: 250

Quote from: knightmb on February 20, 2014, 08:46:33 PM

Quote from: austin on February 20, 2014, 01:41:17 PM

Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate.

Ok, thanks, I never saw those options listed on the site, but I guess you have to have an account first to see the rest.

You don't have to have an account; just go to the site and the first thing you see is a big buy list and sell list. Who do you think are setting those figures? It sure as hell ain't the BTC-e staff.

Swordsoffreedom

legendary

Activity: 2744

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Probally Dealcoin

knightmb

sr. member

Activity: 308

Merit: 256

Quote from: CrashX on February 20, 2014, 04:16:17 PM

BTC-e has an auto buy and sell option. Pretty easy to use.

Thanks everyone, I appreciate the quick replies. Grin

knightmb

sr. member

Activity: 308

Merit: 256

Quote from: SgtSpike on February 20, 2014, 04:19:07 PM

Hey now, you said you sold/gave away all your coins!

Not looking to buy or sell, just research. Got out of that game a long time ago. Wink

knightmb

sr. member

Activity: 308

Merit: 256

Quote from: ISAWHIM on February 20, 2014, 03:24:54 PM

You need to look at "Trade exchanges", not just "Exchanges".

Trade Exchange = To make offers (bid/ask) or (buy/sell) {You set the rate you desire, as an "order"}
Exchange = To get an exchange, at a specified exchange-rate that the exchange has offered.

Here are a few "Trade exchanges" and "Exchanges", otherwise known as "Markets"...
(Look under the markets menu on top.)

http://bitcoinwisdom.com/

Thanks for the link. I know the difference, but many sites don't make it clear exactly what they do.

knightmb

sr. member

Activity: 308

Merit: 256

Quote from: austin on February 20, 2014, 01:41:17 PM

Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate.

Ok, thanks, I never saw those options listed on the site, but I guess you have to have an account first to see the rest.

knightmb

sr. member

Activity: 308

Merit: 256

Quote from: dancupid on February 20, 2014, 12:36:26 PM

Is the answer 'all of them' ?

Unfortunately, no. Wink

jeffg

newbie

Activity: 30

Merit: 0

Quote from: dancupid on February 20, 2014, 12:36:26 PM

Is the answer 'all of them' ?

The answer is correct.

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: knightmb on February 20, 2014, 10:41:22 AM

As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.

Thanks for any helpful responses.

Hey now, you said you sold/gave away all your coins!

CrashX

full member

Activity: 238

Merit: 101

BTC-e has an auto buy and sell option. Pretty easy to use.

Tomatocage

legendary

Activity: 1554

Merit: 1222

brb keeping up with the Kardashians

You'd think that someone with over 370K BTC would know at least something about the exchanges...

worldtreasurefinders

sr. member

Activity: 315

Merit: 250

On BTC-e you can set a sell price for whatever you want, but unless someone is willing to buy it from you at the price you set, it'll just sit there forever.

Conversely, you can set a buy price at whatever you want, even one penny. But unless someone puts in a sell order for that price, it'll just sit there forever.

nobbynobbynoob

hero member

Activity: 784

Merit: 1000

Annuit cœptis humanae libertas

Quote from: austin on February 20, 2014, 01:41:17 PM

Quote from: knightmb on February 20, 2014, 10:41:22 AM

As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.

Thanks for any helpful responses.

Exchanges such as Cryptsy and Btc-e allow you to set any price you want, but it's unlikely that you'll sell for much higher than the market rate.

Unless you are patient enough. Grin

ISAWHIM

hero member

Activity: 504

Merit: 500

You need to look at "Trade exchanges", not just "Exchanges".

Trade Exchange = To make offers (bid/ask) or (buy/sell) {You set the rate you desire, as an "order"}
Exchange = To get an exchange, at a specified exchange-rate that the exchange has offered.

Here are a few "Trade exchanges" and "Exchanges", otherwise known as "Markets"...
(Look under the markets menu on top.)

http://bitcoinwisdom.com/

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

on cryptsy you can sell on your own price but mostly rates equal to other exchanges nothing special

Topic: Does any Bitcoin Exchange exist that lets the user set the sell price? (Read 1372 times)