Poloniex buy order | Bitcointalksearch.org

Crazymoon

member

Activity: 104

Merit: 10

Quote from: Hatcher on April 11, 2017, 12:19:04 AM

It's not a bug. The order was most likely executed to repay a debt brought about by borrowing XRP to margin trade. And it is not like he didn't have to pay any BTC to make the purchase. It is just that the amount required to buy that XRP was less than a satoshi, so it reads as 0. When you do enough of these sub-satoshi trades to add up to 1 satoshi, Poloniex make you pay it.

Yeah it's not a bug, just got a reply message from one of the Polo mods with this same message.

sotoshihero

hero member

Activity: 850

Merit: 504

Quote from: Hatcher on April 11, 2017, 12:19:04 AM

It's not a bug. The order was most likely executed to repay a debt brought about by borrowing XRP to margin trade. And it is not like he didn't have to pay any BTC to make the purchase. It is just that the amount required to buy that XRP was less than a satoshi, so it reads as 0. When you do enough of these sub-satoshi trades to add up to 1 satoshi, Poloniex make you pay it.

I hope you are right, as I do not do margin trading. At first, I thought it was a bug and thank you OP for bringing this observation. Is there someone can confirm sir @Hatcher explanation? Also, hope poloniex staff can clear this issue.I am also trading in Polo everyday.

Hatcher

full member

Activity: 369

Merit: 111

It's not a bug. The order was most likely executed to repay a debt brought about by borrowing XRP to margin trade. And it is not like he didn't have to pay any BTC to make the purchase. It is just that the amount required to buy that XRP was less than a satoshi, so it reads as 0. When you do enough of these sub-satoshi trades to add up to 1 satoshi, Poloniex make you pay it.

shamzblueworld

hero member

Activity: 714

Merit: 500

Quote from: avatar_kiyoshi on April 10, 2017, 02:23:41 PM

That's a bug? Huh

Wow imagine if you continuously doing that. This should take much serious by poloniex.
Recently poloniex get pretty much attention about their issue service, with such a screenshot, I'm sure their platform have a problem.

Yes it does look like a bug.
But it could have been that the order was of more Ripples and most of them sold out and only this very very small portion of a ripple 0.00004065 remained which of not absolute zero is quite close to zero bitcoin... It could happen like that right?

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

That's a bug? Huh

Wow imagine if you continuously doing that. This should take much serious by poloniex.
Recently poloniex get pretty much attention about their issue service, with such a screenshot, I'm sure their platform have a problem.

cryptogasm

full member

Activity: 196

Merit: 100

Quote from: Crazymoon on April 10, 2017, 12:52:49 PM

I've been looking at ripple buys and I found this, can someone explain what is this?

WOW!! This deserves much attention!!

Crazymoon

member

Activity: 104

Merit: 10

I've been looking at ripple buys and I found this, can someone explain what is this?

Topic: Poloniex buy order (Read 627 times)