[e-gold-list] RWGP Protection vs Floating bid

[Ian Green]

On Open2Exchange there were some perfectly reasonable bids for
Pecunix, I think, while the Real World Gold Price was $620 to $630.
Now they have dropped off the board, presumably due to the RWGP
Protection. On the other hand, you can still sell 1MDC(a.k.a. FGM) to
the floating bid for thirty grams.

Open2Exchange is such a cool system, and we know it works really well,
as many of us beta tested it, and its (code) kin the PVCSE. It is too
bad that the only offer to sell any grams at all seem to be from one
(very patient) seller trying to get over USD$700 per ounce on all
three species of DGC .

Both of these features, Real World Gold Price (RWGP) Protection, and
Floating Bid (or Offer), are cool ways to protect participants from
making bad trades in a low volume market.


Regards,

Ian Green
https://secure.pvcse.com/ex.change...000053
http://open2exchange.com/buy.sell...000024
https://www.1mdc.com/cgi-bin/paymail.cgi?107242ipgEUR
https://pri.pecunix.com/money.refined?payment=ian.green@ao.com.au
http://107242.e-gold.com/

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