Bitcoin Forum
November 21, 2017, 05:06:18 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Be very careful of fat fingers!!!  (Read 1383 times)
Bowjob
Sr. Member
****
Offline Offline

Activity: 294



View Profile
April 08, 2013, 08:50:47 AM
 #1

http://i.imgur.com/Qr8Bw7H.png

Oh mother of Satoshi...

It seemed like a good idea at the time.
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511240778
Hero Member
*
Offline Offline

Posts: 1511240778

View Profile Personal Message (Offline)

Ignore
1511240778
Reply with quote  #2

1511240778
Report to moderator
Zomdifros
Full Member
***
Offline Offline

Activity: 210



View Profile
April 08, 2013, 08:55:00 AM
 #2

Wow you're right: http://bitcoinity.org/markets/btce/EUR

Some people got very lucky, one person very sad. Seems like he lost 'only' 200 coins though.

Akka
Legendary
*
Offline Offline

Activity: 1162



View Profile
April 08, 2013, 08:57:11 AM
 #3

Probably some account got hacked, had mail verification activated, so the thief couldn't get the BTC out, so he sold them cheap to himself.

All previous versions of currency will no longer be supported as of this update
HappyBitCoinUser
Full Member
***
Offline Offline

Activity: 182



View Profile
April 08, 2013, 09:11:51 AM
 #4

LOL

Happened to me other day, accidently bought BTC at current rates instead of sell BTC at current rates, but quickly realized it and re-sold the BTC I accidently bought, probably for 1-2% loss.
kiko
Sr. Member
****
Offline Offline

Activity: 453


View Profile
April 08, 2013, 09:54:15 AM
 #5

That must have ruined someone's morning.

I don't understand why he didn't get filled at the best price buyers were willing to pay.

Whoever implemented that trading engine was just taking a short cut instead of putting his clients first. I wouldn't want to trade there after seeing this.
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
April 08, 2013, 10:04:16 AM
 #6

that can't be true. He would have first filled all the buy orders above 1 Euro, which would have been very many. He would have lost coins, but he could have bought back in. BTC-E trade system fills the orders before you first.

more or less retired.
Aswan
Legendary
*
Offline Offline

Activity: 1694



View Profile
April 08, 2013, 10:08:58 AM
 #7

that can't be true. He would have first filled all the buy orders above 1 Euro, which would have been very many. He would have lost coins, but he could have bought back in. BTC-E trade system fills the orders before you first.

This, I did that before, you can even click the calculate button and it will take into account all standing orders and the amount of the orders to tell you how much you get in total.
Endgame
Sr. Member
****
Offline Offline

Activity: 411



View Profile
April 08, 2013, 10:14:39 AM
 #8

wonder if this was a trading engine error or fat finger error
Logik
Sr. Member
****
Offline Offline

Activity: 321


View Profile
April 08, 2013, 10:47:09 AM
 #9

Obviously not much of a trading "engine" then, is it? Tongue



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
.ANGEL TOKEN.
[]

                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌
         █        ▀  █▓█▀▀█         █
         ▐█          ▐▄▓░ █▄       █▌
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀
            ▀█▄         ▀█▄▄▄█▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                 ▀▀████████▀▀
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218


Gerald Davis


View Profile
April 08, 2013, 03:15:31 PM
 #10

If BTC-e doesn't trade from the top of the stack then it shouldn't even be called an exchange.  I mean seriously I can put an order on MtGox (or bitfloor, or bitstamp, etc) right now to sell x BTC @ $1.00 USD and I will get the best bid.  Now granted if x is very  large I will burn through the stack and drop the price but no trading engine anywhere for any reason should execute at less than the best price available.

A limit order of X @ $Y doens't mean trade X @ $Y.  It means trade UP TO X at a price NO WORSE THAN $Y.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!