Bitcoin Forum

Economy => Service Discussion => Topic started by: BNO on November 20, 2013, 02:06:57 PM



Title: Website down = trading down?
Post by: BNO on November 20, 2013, 02:06:57 PM
 Hello all,

something i think about a lot is this: When the website of an exchange is down does this mean, that that an earlier (lets say a day ago) typed in Limitorder will not be executed?

I'm asking this becuause the sites of bitstamp and btc-e where longer time down and I'm looking for a site where i can enter at least a limit order and be safe that it will be executed when price reaches the limit...





Title: Re: Website down = trading down?
Post by: NABiT on November 20, 2013, 02:55:29 PM
I don’t know if it would always work but during a similar price crash/attack on Bitstamp (April 10) when it was too laggy to get in and take advantage of the falling prices, all my limit orders were filled.

The downside is that if the price is falling fast as it was then, you might not be able to get in and cancel your orders and as it turned out I could have paid less.


Title: Re: Website down = trading down?
Post by: johann on November 20, 2013, 02:59:10 PM
BTC   agree something ...


Title: Re: Website down = trading down?
Post by: BNO on November 20, 2013, 03:33:45 PM
Yes but since the site was from the last 19h 16 down. Its better to get things set up in time ;)

More opinions? What about btc-e and mtgox?