The NP$ Exchange

[Coastalguy]

Thought I would throw this out for members to chew on.

If an NP$ Exchange customer wants to accept an offer to purchase or buy and there are duplicate offers available for them to choose from, they should be required to complete the transaction with the offer that was listed first (by default). For example, if there were 3 different To Buy offers all the same (1000 at a rate of 0.016) the customer would accept the first offer listed (oldest offer) by default.

I think that the exchange should just list: the NP$ amount, the rate, total cost, and the date entered. Do we really need to identify the member's name that is offering the NP$ for sale or purchase? When a customer clicks on the Accept Offer the details would then include the members name.

It would work something like the taxis that line up at the airport. Many taxis from different companies wait their turn. First to arrive is first to leave.

Doesn't make a big difference in how the exchange operates but does allow the member who posts first to have their offer accepted first and allows all members to be on an equal playing field (no favorites).

Best offers to sell would still be listed above those not as good (ie a rate of 0.015 would still be above an offer of 0.016).

Does this make any sense?

Just a suggestion. I'm happy either way!

ST

 

[Sabre]

a lot of people are not happy to work with certain people... that is why you have to be able to choose who you accept......

 

[Brian]

There are some people on the forums, that might have had bad experiences with others, and would not like "having" to buy from them if it was a closed door on whom you were buying from.

 

[Scott]

There are some people on the forums, that might have had bad experiences with others, and would not like "having" to buy from them if it was a closed door on whom you were buying from.

Just like if you saw a taxi and had a bad experience with the driver or company, you wouldn't use them, right?

 

[Coastalguy]

You always have the option of not completing the transaction.

ST

 

[Peter]

then you would be stuck not able to buy NP$ and anyway if you dont see who the other person is how would you know not to continue with the transaction unless of course you recognise the paypal account.