Date: January 22nd, 2018 3:41 AM Author: Nubile Space Karate
so is the exchange scamming ppl or it is because of low volume and ppl didn't realize that price was out of whack? so the guy with ETH didn't realize that he was only buying 0.00001 DRGN?
Date: January 22nd, 2018 3:44 AM Author: vivacious khaki indian lodge background story
etherdelta isn't a traditional "exchange" b/c it doesn't have a matching system, it's a peer-to-peer marketplace. you type in your bids and asks and people can take them as they please but etherdelta doesn't pair you/doesn't automatically fill your prices based on prevailing rates like some of the other exchanges do. you type your bids and asks in yourself and people can choose to take your order.
so if you miss a decimal place or put your numbers into the wrong fields ur fucked.
Date: January 22nd, 2018 3:46 AM Author: twisted prole foreskin
i still think it's idiotic and morally reprehensible even that there is no safeguard feature to detect outlying price bids/asks before submission. but it's also funny, so there's that.