Bitcoin Forum
April 25, 2024, 09:11:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-07-17] OKEx Will Suspend Bitcoin Trades, in Preparation for Potential Fork  (Read 5123 times)
Chase (OP)
Legendary
*
Offline Offline

Activity: 1638
Merit: 1005


View Profile
July 19, 2017, 05:07:02 PM
 #1


OKEx Will Suspend Bitcoin Trades, in Preparation for Potential Fork

https://dcebrief.com/okex-will-suspend-bitcoin-trades-in-preparation-for-potential-fork/

"The true sign of intelligence is not knowledge but imagination." -Albert Einstein-

DNotes EDU – Cryptocurrency Education For All – Accomplishments of 2018
1714036272
Hero Member
*
Offline Offline

Posts: 1714036272

View Profile Personal Message (Offline)

Ignore
1714036272
Reply with quote  #2

1714036272
Report to moderator
1714036272
Hero Member
*
Offline Offline

Posts: 1714036272

View Profile Personal Message (Offline)

Ignore
1714036272
Reply with quote  #2

1714036272
Report to moderator
1714036272
Hero Member
*
Offline Offline

Posts: 1714036272

View Profile Personal Message (Offline)

Ignore
1714036272
Reply with quote  #2

1714036272
Report to moderator
Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714036272
Hero Member
*
Offline Offline

Posts: 1714036272

View Profile Personal Message (Offline)

Ignore
1714036272
Reply with quote  #2

1714036272
Report to moderator
1714036272
Hero Member
*
Offline Offline

Posts: 1714036272

View Profile Personal Message (Offline)

Ignore
1714036272
Reply with quote  #2

1714036272
Report to moderator
1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
July 20, 2017, 08:23:28 AM
 #2

I think that's a very great and open statement. This action will prevent a potential scenario where trades get reversed, which for me is a massive no go. Every exchange should follow that policy - if you can't guarantee that trades won't be reversed, then halt trading, it's that simple. Trading isn't a joke thing people do for fun. It requires a massive amount of time, dedication, risking your money, etc. If you after hard working made yourself a decent profit, and an exchange rolls back data, it's like someone (the exchange in this case) is spitting in your face.
Pages: [1]
  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!