Linked Questions

0
votes
1answer
286 views

how to be a maker for either bid or ask orders on bitcoin exchanges? [duplicate]

Using a random coin as an example, if the last price is 1.08999944 how can i chose either a buy or sell price that will be a valid 'maker' price ? Can i just bump the price by one Satoshi i.e. 1....
0
votes
2answers
309 views

Order books, matching exact price or closest price? [duplicate]

After reading this How do buy and sell orders work?. This says that closest price, so if someone is selling at 999, and someone offers a bid of 1000, that the 999 will get sold since its the two ...
2
votes
2answers
96 views

What is the price of an ask order bought if a bid order is placed at a higher price? [duplicate]

What is the price of an ask order bought if a bid order is placed at a higher price? For example, if there exist two ask orders at $50 and $49, and I place a bid order at $50 of an amount larger than ...
14
votes
6answers
5k views

How to answer to whether Bitcoin is a Ponzi scheme?

I was asked whether Bitcoin is a Ponzi scheme as I was explaining Bitcoin. In support of the question I was presented with the following scenario. I didn't know what to answer. Let's assume Bitcoin ...
6
votes
2answers
2k views

Who are Alice and Bob?

Simply: Who are Alice and Bob, and why are they mentioned in every Bitcoin-related article I read about that talks about Bitcoin transactions? What is the history or mystery of these two?
7
votes
1answer
594 views

When BTC is traded at a Bitstamp, Mt Gox (or similar) what is the algorithm for matching Buys to Sells? How do partial fills occur?

I'm trying to understand how a partial fill would / should happen at an exchange and how that would occur For example, if the BTC rate was $10/BTC and Someone wanted to buy 100 BTC at $10 The ...
2
votes
2answers
318 views

How does cryptsy.com allocate trades for many orders with same price

How does cryptsy.com allocate trades for many orders with same price ? Orders can come from one or many accounts, my question applies to both situations, but it's obviously more interesting how they ...
0
votes
1answer
444 views

How are BTC-e orders filled?

When there is some price overlap, i.e an ask and a higher priced bid, who will get the difference? In other words, will the seller get an "extra", or the buyer a "discount"? I'm interested in BTC-e ...
0
votes
1answer
217 views

How accept trade works on creating order [duplicate]

I want to build a rails application to create buy or sell offer for coins. If buy offer is accepted by seller, How the coins exchanged between the buyer and seller. How can it be implemented? What is ...
0
votes
1answer
267 views

Need explanation - limit buy order (Cryptopia)

If there are sell orders like this: selling 200 XXX - 100 satoshis per coin selling 200 XXX - 101 satoshis per coin selling 200 XXX - 102 satoshis per coin selling 200 XXX - 103 satoshis per coin ...