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Author Topic: Glitch allowed traders to obtain Bitcoin free!!  (Read 110 times)
marydale (OP)
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February 22, 2018, 03:04:39 PM
 #1

A brief 18-minute glitch in the system of a trading platform in Japan allowed clients to trade bitcoin for 0 Yen!
read the link guys

https://news.bitcoin.com/bug-at-japanese-government-approved-zaif-exchange-let-users-get-free-bitcoin/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Question, should we expect crypto exchanges/wallets to be bug-free? Or mistakes such as this inevitable?

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dalesotpi
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February 22, 2018, 03:17:23 PM
 #2

This is one of the sources of fear of many potential investors, but it's good that the company have tracked and traced it all the way back to traders and corrected the problem. Otherwise, it would be a very expensive mistake that's ever made in the shortest time!
Hopefully trading platforms will increase and strengthen security to avoid this terrible mistake.
katixrecamara
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February 22, 2018, 03:23:29 PM
 #3

Had those traders been successful, they would have been one of the richest by now!
But so sad company had to take back the bitcoins Grin
EthanB
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February 22, 2018, 04:06:49 PM
 #4

We are already having a discussion about this exact incident in another thread. It can be found here : https://bitcointalk.org/index.php?topic=2992564

For future reference, you can use the Search function of the forum to make sure you aren't re-posting the same thread as someone else. Especially when the thread remains ongoing.

https://bitcointalk.org/index.php?action=search I suggest the google search, or you could've just read through some of the threads on this board; you'd notice that a similar thread is right on Page 2 at the time you made this thread. Page 1 at the time I'm writing this post, actually, so maybe you'll realize how silly it looks.

Either way, you should probably lock the thread and just join the discussion already taking place.
sergeykravcov177
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February 22, 2018, 05:05:30 PM
 #5

This glitch delighted all smiled and thought that they got rich and then had to return everything to a penny. It's a shame.
squatz1
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February 22, 2018, 05:09:27 PM
 #6

Kinda sad that these people got nothing out of it, though if they really wanted to go ahead and make something like this work they'd have to do it in small amounts. If you're trying to get trillions of dollars in Bitcoin it's going to of course set off some fucking red flags and nothing is going to work.

I wanna know if the exchange actually lost any amont of money from this, I'd think that'd be a yes but who knows.




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marydale (OP)
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February 23, 2018, 12:38:03 AM
 #7

We are already having a discussion about this exact incident in another thread. It can be found here : https://bitcointalk.org/index.php?topic=2992564

For future reference, you can use the Search function of the forum to make sure you aren't re-posting the same thread as someone else. Especially when the thread remains ongoing.

https://bitcointalk.org/index.php?action=search I suggest the google search, or you could've just read through some of the threads on this board; you'd notice that a similar thread is right on Page 2 at the time you made this thread. Page 1 at the time I'm writing this post, actually, so maybe you'll realize how silly it looks.

Either way, you should probably lock the thread and just join the discussion already taking place.

I apologize for that, I made the mistake of repost due to a number of reasons (1) thought it was the most recent news Feb 22 2018 in the news platform with high trust index, (2) I sure know how to use search option, but sometimes words used aren't just the best fit to search and so it returned low similarity, and (3) usually, if not so many people commented on it it may not be even listed in page 2. and so it would be quite tedious to manually check all pages.
Bu then again I apologize but let's just look at it the bright side, we may share common sentiment and objective/s to have people aware that glitches can occur, in a way opens up avenue for discussion to prevent it, and minimize mistakes that would discourage investors and sever prices.
And yes, will take your suggestion sincerely.

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carlisle1
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February 23, 2018, 12:46:44 AM
 #8

This is one of the sources of fear of many potential investors, but it's good that the company have tracked and traced it all the way back to traders and corrected the problem. Otherwise, it would be a very expensive mistake that's ever made in the shortest time!
Hopefully trading platforms will increase and strengthen security to avoid this terrible mistake.
indeed things like this should not take inconsiderable since investors are the most affected if such happenings will always happens.best that the security features must enhanced and prevent this things happening again.
pentol86
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February 23, 2018, 01:10:27 AM
 #9

the people who  trade it will rich, but japan regualation maybe was handle it. this will make bad trust about security in crypto

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