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Buying Zen - Broken?
litepack
Member Posts: 4 Arc User
I have been trying to buy Zen, canceled, changed rate a few times and even broke up purchase into 3 seperate requests and still no Zen.
When you look at the top Zen purchase requests #1 has been at 4 million @ 500 each for a few days now and the top 10 list doesnt seem to be updating. Is the ability to by Zen disabled or not functioning?
When you look at the top Zen purchase requests #1 has been at 4 million @ 500 each for a few days now and the top 10 list doesnt seem to be updating. Is the ability to by Zen disabled or not functioning?
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That 4m you see are offers to buy zen, not Zen for sale. When at 500 AD per zen, that's what we call the backlog. Meaning there's a backlog of requests to buy Zen. It takes, very roughly, about 36 hours per million of backlog for your order to be filled.
Post your order, doesn't matter if it's one or 5 orders. Post it and wait... It's all you can do. Don't post under 500 though, if you post 499, all the orders at 500 have to be fill first - and new orders at 500 will be filled first. Basically, it could take weeks or months... Don't post under 500 unless your just speculating...
Oh, also, the orders ARE cycling even if it doesn't seem like it. Transactions are happening, but ppl are posting buy orders at the same rate (or faster than) ppl are selling is all.
Sekhmet@kvetchus_
Guilds: Greycloaks, Blackcloaks, Whitecloaks, Goldcloaks, Browncloaks, Spiritcloaks, Bluecloaks, Silvercloaks, Black Dawn
Tredecim: The Cloak Alliance
First in, first out, like @kvet pointed out. People generally say it's about 24 or so hours per million on the backlog, so just put your bid at 500 AD per 1 Zen and wait it out. You'll get it eventually.
Once you cancel and reqest your offer again, your offer goes into the end of the queue (as it is a new FIFO offer).
Current average waiting time is about 1 week. And remember not to remove your offer until its done.
ZAX is working fine, you just have to wait.
Btw. 2x RP event is coming, then the exchange might be much quicker...
"Is it better to be feared or respected? I say, is it too much to ask for both?" -Tony Stark
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Sekhmet@kvetchus_
Guilds: Greycloaks, Blackcloaks, Whitecloaks, Goldcloaks, Browncloaks, Spiritcloaks, Bluecloaks, Silvercloaks, Black Dawn
Tredecim: The Cloak Alliance
you do not get to pick an offer or price; the exchange automatically fills the next request in line, at the highest price offered.
So make your request and wait. If you get impatient and pull your request, then list again, you will be back at the end of the line. Figure on a day or so per million Zen backlog.
And because it looks like its hard to understand what FIFO is, I'll explain on example.
Let's imagine, you're a shop assistant — cashier at cashier's check.
Image source: US Navy 020807-N-0872M-515
There is a queue of clients who wants to check out their products.
All of them are mature and sober. All of them have prepaid cards with enough funds in.
As cashier, you service the First person in queue first.
You charge him for as many as his products are worth.
You can't service any other person than the first one nor you can't skip consumers.
Consumers can leave their queue in any time, but once they left the queue, they need to begin from its end.
It means, they lost their position and needs to wait until all previous people in queue before him are serviced.
Finally, client can pay with many different prepaid cards for one single product.
I hope it helps. Greetings.