We at ExchangeBitcoins.com are working on this now and will post an update when it's resolved.
Edit: Resolved. These orders have been canceled, affected users notified, and we have implemented sanity checks to ensure only sensible orders can be placed in our order book.
Hello mizerydearia,
Today we received some reports of orders with very high prices/quantites that shouldn't have made it into the order book. One of them was on your account and has been cancelled.
We have since implemented some sanity checks to be sure only valid orders can be placed.
We apologize for any inconvenience. Let us know if you have any questions.
Thank you,
David Sterry, President
ExchB: 1st Bitcoin Exchange in the US
email:
davids@exchangebitcoins.comcell/text: 650-773-5942
To determine what weex/ExchangeBitcoins considers the current borderline for sanity/insanity in terms of amounts/values, I have done some benchmark testing.
Error message for 'insane' is: Order not placed. Price out of range.
INSANE Sell 0.00161383 bitcoins for us$1523810004.93
INSANE Sell 0.009 bitcoins for us$1.00/1 bitcoin
INSANE Sell 0.009 bitcoins for us$0.01/1 bitcoin
SANE Sell 0.01 bitcoins for us$1.00/1 bitcoin
I mistook selling 0.01 bitcoins for us$1 as us$1 for 0.01 bitcoins NOT us$1 for 1.0 bitcoin and then my order went through at us$13.968, but I only have us$0.1389, so there is a transaction fee (which I would have noticed if I paid attention) and therefore I will not use this site again (because I refuse to be charged for these types of transactions). Yay for
bitomat (which I am unaffiliated with) and a few other exchanges with no transaction fees!
Note: I am newbie trader
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