Bitcoin Forum
May 21, 2024, 08:30:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 [All]
  Print  
Author Topic: How much did lag cost you?  (Read 1752 times)
lemonginger (OP)
Full Member
***
Offline Offline

Activity: 210
Merit: 100


firstbits: 121vnq


View Profile
April 10, 2013, 08:27:35 PM
 #1

I can't believe Gox still has no stop loss orders to at least be protected that way. I put in a market sell order for all my coins around $230. By the time Gox processed it coins were at $150 Sad

wblabla4
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
April 10, 2013, 08:39:40 PM
 #2

My coins went from 0.059BTC to a whopping 0.089BTC. I sold at 230 and bought at 130. So you could say that I made a lot for a noob like me.
chriswen
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
April 10, 2013, 08:54:55 PM
 #3

You mean market limit?
TheJuice
Hero Member
*****
Offline Offline

Activity: 841
Merit: 608


View Profile
April 10, 2013, 09:01:22 PM
 #4

I can't believe Gox still has no stop loss orders to at least be protected that way. I put in a market sell order for all my coins around $230. By the time Gox processed it coins were at $150 Sad



You just gave your money away. The grand manipulator is awesome. 3k coins to 200 and 7k to ATH.  Smiley
axus
Full Member
***
Offline Offline

Activity: 129
Merit: 100


View Profile
April 10, 2013, 09:07:58 PM
 #5

I always use fixed price buy and sell on Mt.Gox.  Never had any problems.  I didn't know "market price" trades had so much risk, now I do.
bitcon
Legendary
*
Offline Offline

Activity: 2212
Merit: 1008


View Profile
April 10, 2013, 09:11:22 PM
 #6

I can't believe Gox still has no stop loss orders to at least be protected that way. I put in a market sell order for all my coins around $230. By the time Gox processed it coins were at $150 Sad




lag didnt cost me anything this time because i learned the first time to have a low bid order set a couple days ago. so i wake up today with cheap coins.
glub0x
Legendary
*
Offline Offline

Activity: 892
Merit: 1013



View Profile
April 10, 2013, 09:24:43 PM
 #7

it made me 500euro (i think it s gonna go up so i'll sell later and try to improve this). If i add the last 3 DDOS attack i'm up to 1000e.
not so bad.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
evolve
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


daytrader/superhero


View Profile
April 10, 2013, 09:26:49 PM
 #8

Nothing. I set a low buy order last night that got filled today. Will be taking profits very soon.
ManBearPig
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
April 10, 2013, 09:29:18 PM
 #9

I can't believe Gox still has no stop loss orders to at least be protected that way. I put in a market sell order for all my coins around $230. By the time Gox processed it coins were at $150 Sad

Stop losses get triggered and then become market orders.

Now that would have been DISASTROUS.

A limit order would be useful though.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
NamelessOne
Legendary
*
Offline Offline

Activity: 840
Merit: 1000



View Profile
April 10, 2013, 09:31:11 PM
 #10

It only cost me sanity. I gained more BTC out of this. A lot more.  Grin
Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2386


Viva Ut Vivas


View Profile WWW
April 10, 2013, 09:49:53 PM
 #11

Let me check my wallet...

yep, same amount there

lag did not cost me anything

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Herodes
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
April 10, 2013, 10:00:51 PM
 #12

My coins went from 0.059BTC to a whopping 0.089BTC. I sold at 230 and bought at 130. So you could say that I made a lot for a noob like me.

Awesome. Congratulations!
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
April 10, 2013, 10:54:59 PM
 #13

Hopefully nothing. I refused to move my BTC to fiat but did not want to lose lot of their value so I moved all of them to PPC. I strongly believe that PPC price is low enough to rise enough to save most if not all or even more BTC to fiat value for me if BTC crashes more heavily.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
Melbustus
Legendary
*
Offline Offline

Activity: 1722
Merit: 1003



View Profile
April 10, 2013, 11:24:48 PM
 #14

Nothing? I don't understand the question. Not selling.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
bombartier357
Full Member
***
Offline Offline

Activity: 148
Merit: 100


View Profile WWW
April 10, 2013, 11:26:09 PM
 #15

My bot had auto cancel order after 5 minutes has past.  I have multiple that execute at 7 different times.  They all got frozen due to lag.  I could not sell my bitcoin manually either, because the orders were canceled before they could be executed.  I was at work and unable to get to my server.  Lost $2300 out of $5000.

Ouch!
dakiller
Member
**
Offline Offline

Activity: 174
Merit: 10


View Profile
April 10, 2013, 11:33:30 PM
 #16

I went to bed at $260 and woke up and it had mostly finished happening. Australian timezone... Undecided

Back to where I was a week ago with the same coins.
Luis_GT
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
April 10, 2013, 11:34:59 PM
 #17

could have been up 3 grand... now I'm only up 2...  Cry
zby
Legendary
*
Offline Offline

Activity: 1592
Merit: 1001


View Profile
April 11, 2013, 05:16:22 AM
 #18

I profited from it - it was pretty predictable how people react.  I only wish I was more aggressive in my speculation.
PachucoBro
Newbie
*
Offline Offline

Activity: 56
Merit: 0



View Profile WWW
April 11, 2013, 05:21:38 AM
 #19

It cost me about $900 in profits for 10 days...

Here's my story, a Play by Play: https://bitcointalk.org/index.php?topic=173025.msg1800581#msg1800581
mgio
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile
April 11, 2013, 05:34:36 AM
 #20

Bought 10 coins at $238 thinking I was getting them "cheap", then another 40 coins at 126 during the second dip.

Since I had sold 50 coins yesterday at 199, I have the exact same number of coins now, but I have an extra 1k in cash so I am slightly better off presently at 175 if I had not bought any.

At worst point I had lost 100k today from the high at 265. Presently I'm down 65k or so from the high, but I prefer to think of it as up 125k from my 10k investment.
pretendo
Member
**
Offline Offline

Activity: 112
Merit: 10



View Profile
April 11, 2013, 05:35:18 AM
 #21

costed me switching away from mtgox
NikolaTesla
Newbie
*
Offline Offline

Activity: 28
Merit: 0



View Profile
April 11, 2013, 05:36:34 AM
 #22

I can't believe Gox still has no stop loss orders to at least be protected that way. I put in a market sell order for all my coins around $230. By the time Gox processed it coins were at $150 Sad


You can always buy on Gox, and send them to Coinbase to host there. Then if you need to panic sell just sell at CB and it executes immediately.
Missionary
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile WWW
April 11, 2013, 05:41:48 AM
 #23

I don't trade when the lag is that bad, so it did not "cost" me anything. Surely, the prices are lower now than when I bought my last batch of coins, but that will be all corrected in a few days time. Right now, I only wish for a more stable growth, not these "singularity" hype rises.

And sure, the bear in me was smiling and hoping for single digits since I have my biggest yet deposit on my way to Bitstamp. But the bull in me kept telling me to hold, since none of the fundamentals hade changed.

I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z
You can find more information about my plans here: http://btcmission.com
HappyBitCoinUser
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
April 11, 2013, 06:19:02 AM
 #24

Happened last week, and knew it was going to happen again.

So it didn't cost me, it profited me.  Grin
piramida
Legendary
*
Offline Offline

Activity: 1176
Merit: 1010


Borsche


View Profile
April 11, 2013, 06:46:07 AM
 #25

cost me +50 coins that I bought at <100 at bitstamp. thanks to whomever sold them to me.

i am satoshi
Pages: 1 2 [All]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!