Topic: Havelock Investments - Exchange feedback/comments - page 3. (Read 248078 times)

Think nothing has moved in a while due to dividend transactions
But pretty sure you should just e-mail him again if you haven't got a response yet.

Hi Havelock -

Are you still allowing ASICMINER direct shares to be deposited into Havelock?

I have emailed havelock and friedcat (fnnirvana) per instructions on your site with my correct deposit address and email and after 21 days have not gotten any response.

I've just gotten used to the site going down often.   However, it doesn't seem to get super slow nearly as often anymore.   So maybe something is better.

Operating as usual, has its occasional downtime a few new assets here and there in my opinion
Seems pretty quiet otherwise until you check the threads in the forum ^^.

oh yes, I forgot about Havelock, how is this going?

Sure, we all bitch about the server getting overloaded. but its not like we've got the number of market participants of a Nasdaq/NYSE...there's a slim chance the timeouts are going to screw anyone on a trade.

+1 if you unhappy with havelock, go on, make your own trading plateform..

Anyone who thinks Havelock is bad obviously wasn't around for GLBSE (trainwreck), Bitfunder (WeExchange load-through...wtf), or BTC-TC (quite good actually, around the level of Havelock).

dude we are talking about real technological products here, things take time and arent 100%set in stone, you dont fuck*ng build the next major industry with short silly term views. havelock is doing a great job providing a plateform from the few manufacturers left that are keen to go public and be as transparent as they can.

Well it seems with even ASICMiner going down the river there's no more money to be made with bitcoin stock in the near future. There need to be new stocks that actually offer something that can work. The whole scene needs to mature. Also, Havelock needs to implement the long-promised "only-withdraw-to-this-addresss-address"

Then it is a sucker game with negative expectation for holding stock.

It might not be sustainable at all, you can clearly see the problem with this formula assuming only the latest dividend.

There's money to be made, but it's not easy...

I misspoke about my previous  Havelock trading observation. I just did both a Sell and a Buy away from market (Limit Order) and things worked both times as expected.

It must have been some aberration earlier. I apologize to Havelock for the besmirchment.

Me too !!!

Huh?  I've placed plenty of orders at higher prices when I didn't want to do multiple orders to get my buy and I've never seen that behavior.  Always the lowest prices get sold first. 

The pre-existing lower ASKs were there long before and REMAINED long after the fill @ 0.15. It wasn't done all at the same time.

UTTER CRAP from the Havelock "exchange". After I saw this happen, I practically fell off my seat.

Now that you know, you'll be a way way better Havelock trader. If placing a large order (or small one for that matter), hit the lower open ASKs first if buying or hit the higher open BIDs first if selling, else get ripped off by Havelock.

HAVELOCK HAS NO LIMIT ORDERS even though it may look like you're placing one.

In Havelock's defense, if you are tick trading (scalping) then yes, these "limit" orders will perform as expected, and your BID/ASK price will appear in the box as the market order price.

Just so long as you know.

As for scalping, it is already being done via API --I saw evidence of it during my session. Usually such trading is tempered by the flat rate charges per trade on a normal exchange that can usually only be overcome by direct brokers. No such restraints exists at Havelock sans the commission percentage which you'd gladly pay as it's a straight off the top percentage of your profits. In other words, you only pay something if you make more.

And if Havelock themselves are scalping, then we are all the suckers .

How sustainable is the high yield stock?

Anyone actually making money betting on bitcoin company?

Can anyone conirm this behaviour? sillywhim you said you SAW the order but you haven't actually done that yourself, correct? This could be the known lag on hl.

...and what is with all these cloudflare timeouts? Is the actual havelock server that crappy?

WATCH OUT WHEN PLACING TRADES WITH HAVELOCK:

Okay, so I'm a recent member of havelock and I was watching PETA being traded, having just killed a live chicken myself. I'll give a generalized example of the problem I witnessed:

ASKS (aka Selling) Column:

Date/Time   QTY         Price   Value
------------   10/10      0.14   ------
------------    5/5         0.146 ------
------------    6/6         0.15   ------


Okay. So I'm watching the Order Book, Bid/Asks and Recent Trades history.

...then someone puts in an order to BUY 1 share @ 0.15 price. On a normal exchange (nasdaq otc, etc.) given the data above, the exchange will fill this 1 BUY @ 0.14 price. In fact, on a normal exchange it would be IMPOSSIBLE to buy @ 0.15 if there are unfulfilled ASKs @ a lower price that would fill your trade order quantity.

But not Havelock. This exchange filled the order 1 BUY @ 0.15 price !!!! I saw this order being placed in the BIDs column and then immediately get erased and put in the RECENT TRADES history @ 0.15 price. All the while unfulfilled ASKs @ BELOW 0.15 price REMAINED on the order book.

THIS IS CRAP, of course.  I can see where Havelock would want to fill @ 0.15 for more commission but really, no self-respecting exchange would fill @ 0.15 when there are adequate ASKs at below this 0.15 price, namely @ 0.14 price.

So just a head's up for when you trade, you have to make your own market and put in an order appropriately. Usually when one places a LIMIT order, it is to indicate the MOST one is willing to trade at, NOT THE EXACT PRICE FIRSTLY!

It seems (supported by my eyewitnessing) that what appears to be a LIMIT order is anything but, and is thus deceitful in the least but pointing to fraud in fact. I've never witnessed this kind of behaviour in all my years of trading on exchanges.

I have this awful feeling that Havelock exchange will take your BUY price as some sort of first to buy @ price, and if your order is a partial fill, THEN AND ONLY THEN will it attempt to fill @ a lower price if there are existing lower ASKs, and the order will be filled @ the highest price under your order price, and work its way DOWN from there, not UP from the lowest ASK (if under your BID) per normal.

Dunno what is up with this Havelock exchange...?

WTF Havelock, WTF@@!!!