Bittrex Issue New Trading Policy Says all Stale Orders Will Be Removed

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: Welsh on November 25, 2017, 07:01:19 AM

Quote from: h55 on November 25, 2017, 01:15:29 AM

they are disable some people accounts with out any clear answer! I do not know what they did do to now from 11th Oct! they must answer their clients.

It's doubtful that they are disabling the accounts for no reason, you should contact their support if you feel there's been a mistake.

They've tried to force all their legacy account holders to get enhanced verification, even for trading trivial amounts. There is something extremely shady going on with that exchange. Have you seen their bitcoin withdrawal fees? In the past only exchanges that have run out of money have withdrawal fees like that...

SlipMart

full member

Activity: 434

Merit: 100

Quote from: Welsh on November 25, 2017, 07:01:19 AM

Quote from: h55 on November 25, 2017, 01:15:29 AM

they are disable some people accounts with out any clear answer! I do not know what they did do to now from 11th Oct! they must answer their clients.

It's doubtful that they are disabling the accounts for no reason, you should contact their support if you feel there's been a mistake.

Quote from: SlipMart on November 24, 2017, 11:57:19 PM

Bittrex one of the largest altcoin trading exchange has announced its new trading policy.This announcement comes hours after it witness a DDOS attack on it software.The tweets from bittrex @bittrexexchange comfirmed that attack.

What Is DDOS Attack?

A Distributed Denial of Service (DDoS) attack is an attempt to make an online service unavailable by overwhelming it with traffic from multiple sources. They target a wide variety of important resources, from banks to news websites, and present a major challenge to making sure people can publish and access important information.

This attack could be the reason why it decided to adjust it trading policy to unloads it software of irrelevant trades and information. In an email sent to all it subscribers its reads.
Read More At https://bitzamp.com/bittrex-issue-new-trading-policy-traders/

Likely trying to reduce the load on the server at all times so it's not so vulnerable to attacks. Doesn't really effect anyone that much as new orders can just be submitted. I imagine they had hundreds of standing orders which were submitted by inactive accounts just taking up resources.

Exactly

Welsh

staff

Activity: 3304

Merit: 4115

Quote from: h55 on November 25, 2017, 01:15:29 AM

they are disable some people accounts with out any clear answer! I do not know what they did do to now from 11th Oct! they must answer their clients.

It's doubtful that they are disabling the accounts for no reason, you should contact their support if you feel there's been a mistake.

Quote from: SlipMart on November 24, 2017, 11:57:19 PM

Bittrex one of the largest altcoin trading exchange has announced its new trading policy.This announcement comes hours after it witness a DDOS attack on it software.The tweets from bittrex @bittrexexchange comfirmed that attack.

What Is DDOS Attack?

A Distributed Denial of Service (DDoS) attack is an attempt to make an online service unavailable by overwhelming it with traffic from multiple sources. They target a wide variety of important resources, from banks to news websites, and present a major challenge to making sure people can publish and access important information.

This attack could be the reason why it decided to adjust it trading policy to unloads it software of irrelevant trades and information. In an email sent to all it subscribers its reads.
Read More At https://bitzamp.com/bittrex-issue-new-trading-policy-traders/

Likely trying to reduce the load on the server at all times so it's not so vulnerable to attacks. Doesn't really effect anyone that much as new orders can just be submitted. I imagine they had hundreds of standing orders which were submitted by inactive accounts just taking up resources.

SlipMart

full member

Activity: 434

Merit: 100

Quote from: audaciousbeing on November 25, 2017, 04:12:42 AM

Quote from: SlipMart on November 24, 2017, 11:57:19 PM

Bittrex one of the largest altcoin trading exchange has announced its new trading policy.This announcement comes hours after it witness a DDOS attack on it software.The tweets from bittrex @bittrexexchange comfirmed that attack.

What Is DDOS Attack?

A Distributed Denial of Service (DDoS) attack is an attempt to make an online service unavailable by overwhelming it with traffic from multiple sources. They target a wide variety of important resources, from banks to news websites, and present a major challenge to making sure people can publish and access important information.

This attack could be the reason why it decided to adjust it trading policy to unloads it software of irrelevant trades and information. In an email sent to all it subscribers its reads.
Read More At https://bitzamp.com/bittrex-issue-new-trading-policy-traders/

DDoS attack is something that major sites have to battle with every time and there is no end in sight because it will continue to happen but the way to tackle it I see here is just trial and error. They found a way to get over something they have been having issues with and they see the DDos attack as a way to ensure that. The question is what is the definition of "stale" it could be one month or six months either way, its now on individual to always check their trades every now and then rather than being hopeful that it will be filled only to get there and discover its being cancelled even without their approval.
I just wished others can promote the medium exchange sites that have been trying hard to make names for themselves rather than increasing the power of the already established ones.

Stale they mean are orders that are up to 28+ old

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: SlipMart on November 24, 2017, 11:57:19 PM

Bittrex one of the largest altcoin trading exchange has announced its new trading policy.This announcement comes hours after it witness a DDOS attack on it software.The tweets from bittrex @bittrexexchange comfirmed that attack.

What Is DDOS Attack?

A Distributed Denial of Service (DDoS) attack is an attempt to make an online service unavailable by overwhelming it with traffic from multiple sources. They target a wide variety of important resources, from banks to news websites, and present a major challenge to making sure people can publish and access important information.

This attack could be the reason why it decided to adjust it trading policy to unloads it software of irrelevant trades and information. In an email sent to all it subscribers its reads.
Read More At https://bitzamp.com/bittrex-issue-new-trading-policy-traders/

DDoS attack is something that major sites have to battle with every time and there is no end in sight because it will continue to happen but the way to tackle it I see here is just trial and error. They found a way to get over something they have been having issues with and they see the DDos attack as a way to ensure that. The question is what is the definition of "stale" it could be one month or six months either way, its now on individual to always check their trades every now and then rather than being hopeful that it will be filled only to get there and discover its being cancelled even without their approval.

I just wished others can promote the medium exchange sites that have been trying hard to make names for themselves rather than increasing the power of the already established ones.

SlipMart

full member

Activity: 434

Merit: 100

Quote from: h55 on November 25, 2017, 01:15:29 AM

they are disable some people accounts with out any clear answer! I do not know what they did do to now from 11th Oct! they must answer their clients.

have you written to the support

h55

member

Activity: 210

Merit: 11

they are disable some people accounts with out any clear answer! I do not know what they did do to now from 11th Oct! they must answer their clients.

SlipMart

full member

Activity: 434

Merit: 100

Bittrex one of the largest altcoin trading exchange has announced its new trading policy.This announcement comes hours after it witness a DDOS attack on it software.The tweets from bittrex @bittrexexchange comfirmed that attack.

What Is DDOS Attack?

A Distributed Denial of Service (DDoS) attack is an attempt to make an online service unavailable by overwhelming it with traffic from multiple sources. They target a wide variety of important resources, from banks to news websites, and present a major challenge to making sure people can publish and access important information.

This attack could be the reason why it decided to adjust it trading policy to unloads it software of irrelevant trades and information. In an email sent to all it subscribers its reads.
Read More At https://bitzamp.com/bittrex-issue-new-trading-policy-traders/

Topic: Bittrex Issue New Trading Policy Says all Stale Orders Will Be Removed (Read 307 times)