Just woke up to see some orders filled.. Never thought I'd see the day.
If that's true congrats man.
Topic: BTC-e Flash Crash 10/02/14 - page 2. (Read 9020 times)
If that's true congrats man.
i wonder if btc-e knows if the IP address of the main user selling such coin to cause this, is the same IP belonging to mtgox servers
.... although mtgox would be stupid to sell customers held coins on another exchange, from his own IP.
.... although mtgox would be stupid to sell customers held coins on another exchange, from his own IP.
I think this good fortune came from here: https://bitcointalksearch.org/topic/delete-401658
I'll have to find someone else to help now.
Donate rather than lend. I'll have to find someone else to help now.
My bet is on the guys who stole the coins from MtGox, stupidly cashing out in a single big sell order. It's pretty dumb, but it has happened like this every single time before as well.
That is a possible, but I think they would have used other exchanges to launder the coins not just BTC-e.
The large number of trading Bots operating on BTC-e must have played a large part in this flash crash. No-one would manually sell below $400 or $300 on BTC-e when other big exchanges are still holding above $500.
226 between 200-300, wish I placed my orders lower. But I never thought they would be filled at that amount anyway.
Wow, what a good wake up today has been.
Wow, you were lucky.Wow, what a good wake up today has been.
Consider donating some.. to a charity or something.
More good fortune might come your way.
I think this good fortune came from here: https://bitcointalksearch.org/topic/delete-401658
I'll have to find someone else to help now.
Btc-e offer margin trading and metatrader software so it could have been a margin call or leveraged trader panicking.
I'm gutted, I was online at the time, and I was going to put in a speculative buy order at around $300 for $1860 worth of Bitcoin. Would have made some huge profits instantly. Shoulda woulda coulda etc, but it is gutting to think that no more trade worries would be needed, could cash out my investment and trade on the profits.
Crazy day!
Crazy day!
226 between 200-300, wish I placed my orders lower. But I never thought they would be filled at that amount anyway.
Wow, what a good wake up today has been.
Wow, you were lucky.Wow, what a good wake up today has been.
Consider donating some.. to a charity or something.
More good fortune might come your way.
This is what happen when u set a stop loss.
yeah but to sell 10,000....you have to have 10,000 butcoins....
damnnnnnnnnnnnnnnnn
The volume says 12,102 BTC.damnnnnnnnnnnnnnnnn
Well, there are some people who own that many coins..
Just woke up to see some orders filled.. Never thought I'd see the day.
How many BTC and at which rate? 226 between 200-300, wish I placed my orders lower. But I never thought they would be filled at that amount anyway.
Wow, what a good wake up today has been.
yeah but to sell 10,000....you have to have 10,000 butcoins....
damnnnnnnnnnnnnnnnn
The volume says 12,102 BTC.damnnnnnnnnnnnnnnnn
Well, there are some people who own that many coins..
Just woke up to see some orders filled.. Never thought I'd see the day.
How many BTC and at which rate?
Just woke up to see some orders filled.. Never thought I'd see the day.
All the talk of course on the BTC-e trollbox.
Common consensus is that the user typed 100 instead of 1000 sell order = FAT Fingers.
Either way, amazing...
Actually it was over 10,000 if i'm correct. Common consensus is that the user typed 100 instead of 1000 sell order = FAT Fingers.
Either way, amazing...
yeah but to sell 10,000....you have to have 10,000 butcoins....
damnnnnnnnnnnnnnnnn
All the talk of course on the BTC-e trollbox.
Common consensus is that the user typed 100 instead of 1000 sell order = FAT Fingers.
Either way, amazing...
Actually it was over 10,000 if i'm correct. Common consensus is that the user typed 100 instead of 1000 sell order = FAT Fingers.
Either way, amazing...
All the talk of course on the BTC-e trollbox.
Common consensus is that the user typed 100 instead of 1000 sell order = FAT Fingers.
Either way, amazing...
Common consensus is that the user typed 100 instead of 1000 sell order = FAT Fingers.
Either way, amazing...
One of the most ridiculous things I've ever seen in economics. Ever.
Whoever was out of their right mind with sub 200 buy orders just scored themselves a nice early retirement bonus.
FML.
Whoever was out of their right mind with sub 200 buy orders just scored themselves a nice early retirement bonus.
FML.
Well thats just plain nonsense about the retirement, but otherwise i cried here, my eyes are wet :-)...
congratulations to those who bought it around the 100 :-)!!! Fuckingly nice job guys!! :-)
But isnt BTC-E some selective scamming site? I know owners are anonymous which is not common in any other big exchange, also there has been some selective scams according to what i know...? Can someone verife it? I was thinking about joining also the BTC-e exchange (im on others now) but this turned me away... hows the situation now?
Whoever dumped this is a fool. Imagine someone getting 1000 BTC at $150, he profited 4 times his investment in a couple of minutes..
One of the most ridiculous things I've ever seen in economics. Ever.
Whoever was out of their right mind with sub 200 buy orders just scored themselves a nice early retirement bonus.
FML.
Whoever was out of their right mind with sub 200 buy orders just scored themselves a nice early retirement bonus.
FML.
So on BTC-e today the exchange rate for the currency pair BTC/USD crashed from +620USD to 102USD then back up within a matter of minutes. The majority of the move took less than 2 mins.
It looks like a repeat of the 2010 Wall Street flash crash where a large seller exhausted the buy-side of the market which led to 'HFT Bots' panic selling, before manual buying brought the market back to normal equilibrium.
http://en.wikipedia.org/wiki/2010_Flash_Crash
'The joint report "portrayed a market so fragmented and fragile that a single large trade could send stocks into a sudden spiral,"[10] and detailed how a large mutual fund firm selling an unusually large number of E-Mini S&P 500 contracts first exhausted available buyers, and then how high-frequency traders (HFT) started aggressively selling, accelerating the effect of the mutual fund's selling and contributing to the sharp price declines that day'
BTC-e user rundown on 10/2/14 - Users: 10374 Bots: 1078
So lets hear your stories: did your Bot just lose you 75% of your holdings?
It looks like a repeat of the 2010 Wall Street flash crash where a large seller exhausted the buy-side of the market which led to 'HFT Bots' panic selling, before manual buying brought the market back to normal equilibrium.
http://en.wikipedia.org/wiki/2010_Flash_Crash
'The joint report "portrayed a market so fragmented and fragile that a single large trade could send stocks into a sudden spiral,"[10] and detailed how a large mutual fund firm selling an unusually large number of E-Mini S&P 500 contracts first exhausted available buyers, and then how high-frequency traders (HFT) started aggressively selling, accelerating the effect of the mutual fund's selling and contributing to the sharp price declines that day'
BTC-e user rundown on 10/2/14 - Users: 10374 Bots: 1078
So lets hear your stories: did your Bot just lose you 75% of your holdings?
Jump to: