Cryptsy's orderbook bug causes significant btc losses

[m3]

http://www.btcfeed.net/news/cryptsys-orderbook-bug-causes-significant-btc-losses/

Pretty much there was this "phantom order" which enabled people to buy megacoins at a super cheap rate. The order was removed once prohashing pointed it out but cryptsy never repaid any of it's customers. Hope Mr. Vernon does the right thing.

[Aswan]

Well, if you want to buy or sell for a specific price cryptsy allows you to place a limit order.
If you want just sell your coins or buy coins to or from the guy want to buy/sell at the best rate, then you have to take what you get.

You cannot make a non-limit order and complain you didn't get the price you wanted. Not cryptsys fault imo.

[Hiraga]

Don't use autosell features and check your orders by yourself before submitting it. If you use limitorders then there's no way it would sell below or buy above that amount.

[Jamie_Boulder]

I'm surprised websites with heavy reliance upon scripting don't suffer these shortfalls more often tbh.

[neurotypical]

I've stopped using cryptsy for ages now. I almost had a heart attack when my coins dissapeared for almost 2 damn days.