I need help with the press release

[fleabag]

TOKYO - JAPAN - April 09, 2013   Orders will only be accepted when there are enough funds available in your wallet!   Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.  Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.  Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.  While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance. 
Regards
Mt.Gox Co. Ltd Team.

Mt.Gox Contact press@mtgox.com


so up until the crash and after you DIDNT need to have the funds in your wallet? So prior to this memo, I could have placed an order for 1000 coins @$250each  it get filled and not pay?

[matt4054]

Nope. Before, you could place an order with insufficient funds, the order was cancelled (or frozen until you get enough funds), but it consumed unnecessary system resources. Then you could no longer place an order if your balance doesn't cover your order.

[fleabag]

ive just realized by watching the trading on clark moody's site that the trading going on is all bots. with some human buys and sells sprinkled in.