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new offers in the dil and zen exchange

fedman70fedman70 Member Posts: 150 Arc User
edited March 2014 in The Academy
I'm just wondering how a new offer goes up on the exchange. Say, someone was the lowest offer was 1000 zen for 94 dil each, and you were to put an offer to buy 1000 zen for 20 dil each. Your offer wouldn't show up on the board, and unlike when you match an offer and get the dil almost instantly it would just sit up there.

It is possible to transfer zen or dil to a friend by putting up your own offer, that either only your friend can see, or say one that is way higher, or way lower than one that is there- that only you know about.
Post edited by fedman70 on

Comments

  • deyvaddeyvad Member Posts: 0 Arc User
    edited February 2013
    You could sell overpriced Dil or Zen to a friend, but he may as well buy it at the current price.

    say you offer 1000 zen at 25 dil, you will sell it immediately, if you wanted to buy 1000 zen at 25 dilithium, you offer would stay up until someone bought it by mistake.

    Player A want to give 100 Zen to Player B to pay back a favor
    Player A post his 100 zen at 47 dil, zen sell automaticly at the current price (d'oh!)
    Player A then post 100 zen at 120 dil, the offer stands, player B must pay 12,000 dil for the 100 Zen, instead of paying current market price (9500dil).

    You could try to coordinate your actions, the last one in is the first out, friend makes a request to buy Zen at 25 dil, at the same time you offer Zen at 25 dil, if youre lucky, you may have managed to trade zen for 25 dil to your friend, but your run the risk of selling zen at 25 to a total stranger.
  • pwebranflakespwebranflakes Member Posts: 7,741
    edited February 2013
    deyvad wrote: »
    You could sell overpriced Dil or Zen to a friend, but he may as well buy it at the current price.

    say you offer 1000 zen at 25 dil, you will sell it immediately, if you wanted to buy 1000 zen at 25 dilithium, you offer would stay up until someone bought it by mistake.

    Player A want to give 100 Zen to Player B to pay back a favor
    Player A post his 100 zen at 47 dil, zen sell automaticly at the current price (d'oh!)
    Player A then post 100 zen at 120 dil, the offer stands, player B must pay 12,000 dil for the 100 Zen, instead of paying current market price (9500dil).

    You could try to coordinate your actions, the last one in is the first out, friend makes a request to buy Zen at 25 dil, at the same time you offer Zen at 25 dil, if youre lucky, you may have managed to trade zen for 25 dil to your friend, but your run the risk of selling zen at 25 to a total stranger.

    This isn't possible, actually :) Details:
    rehpic wrote: »
    The currency exchange is anonymous and only executes trades at the best price. So if you are buying, you buy at the cheapest price available. If you are selling, you sell at the highest price available. This is to prevent exploits such as gold farmers using the system to transfer Dilithium to their customers.
    rehpic wrote: »
    Say there is a sell order at a price of 200, and another sell order at a price of 110. For a buyer the one at a price of 110 is the best price. It doesn't matter what price they enter above 110. As long as they offer to buy at that price or higher they will buy the lowest priced sell order at the listed price. So in this case even though you offer 200, you will only end up paying 110, and the remaining Dilithium (90 per zen) will be returned to your exchange balance when your order is filled. If you offer to sell for a really high price, or buy for a really low price, your orders will stick around in the system and will eventually be filled if they ever become the best price due to price fluctuation.

    There were probably people who put in offers to buy zen at 90 back in September when the price was around 160. Those offers just stuck around in the system and got filled recently when the prices got low enough.


    Cheers,

    Brandon =/\=
  • silence1311silence1311 Member Posts: 0 Arc User
    edited March 2014
    This isn't possible, actually :) Details:






    Cheers,

    Brandon =/\=

    :( That's is sad.....
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