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Author Topic: Uh oh - fat fingers.  (Read 878 times)
Herodes
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February 07, 2013, 04:27:50 PM
 #1

What's your worst fat finger experience at MtGox.

Did you ever switch the price and the amount, or Buy instead of selling ?

Haha. Anyone with a good story to share?
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February 07, 2013, 04:31:28 PM
 #2

nope.  never.

always hit that button that starts with that big B!
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February 07, 2013, 04:59:14 PM
 #3

!. expeience:

With the dual wiev window open and fighting to unload my stash during a flash crash from $7 to $4.40 (It was back in early 2012), my then 5 years old daughter jumps onto my lap and I accidently click the buy button. Hurrying to place additional sell orders for the just bought Bitcoins, I manage to recover the following seconds, but makes no profit on the crash.

2. experience:

Later last year in the morning , while getting the kids ready for school, I was about to place a buy order at $7.08. My wife comes into the room and starts talking about the times of the appointments she has today, and she hands me $80 to pick up something for her at the post office. I try to explain that I'm kind of busy right now, but to no awail. I place an order to buy at 7.80 and as it starts executing, I discover my mistake.

Cancelling an order during execution, makes 6 BTC dissapear, and my new corrected order at 7.08 is suddently too high for the suddently dropping market. I cancel a second time and the price jumps up to 8 !!!

I lost a total of 16 BTC with my combination of a Gox glitch, panic and bad on the fly trading judgements.

To this date, nor my wife or daughter know of these incidents.


 
 
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February 07, 2013, 05:17:23 PM
 #4

To this date, nor my wife or daughter know of these incidents.

 Cheesy Cheesy

Good stuff!

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February 07, 2013, 05:22:20 PM
 #5

I have noone to blame but my own terribly fat fingers

I once thought I was entering a limit sell order, but actually ended up doing a market sell because it was on the default screen. Gox doesnt have safeguards to save the lazy/impulsive/dim   Embarrassed

Im not sure how many coins I lost (too ashamed to calculate.. but it was in the hundreds from this trade alone)


Bro, do you even blockchain?
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February 07, 2013, 05:47:38 PM
 #6

Sold instead of bought (MtGox layout makes this easier than it should be).  Of course I didn't realize what I had done so I went ahead and did it again.  Double down! 

Likely I was able to unwind for only a token 2% or so educational fee.
Matthew N. Wright
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February 07, 2013, 05:49:48 PM
 #7

Bought instead of sold on Bitcoinica. Only lost 1 BTC, when the price dropped, but then lost $3000 when the wallet dropped.

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