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Topic: closed - page 33. (Read 164720 times)

member
Activity: 93
Merit: 10
December 17, 2013, 10:55:29 PM
FWIW they have acknowledged the problem, but haven't solved it yet.

Quote
18 Dec 2013 - Occassional stuckLTC trading queue NEW
We are observing that the LTC/BTC queue gets stuck on rare cases. We are looking into it and hope to solve the root cause soon.
member
Activity: 93
Merit: 10
December 17, 2013, 02:52:13 PM
Yeah LTC/BTC has been broken on and off for a couple days now.  The "stuck" order will change around but basically you'll see an order that you can't buy or sell against without getting an error, this then freezes the exchange at a rate it shouldn't be at compared to the other exchanges.

I'm not sure what eventually ends up releasing it.  I suppose it's possible someone has figured out a way to create these orders that break the system.  They then wait for the price to get out of whack with other exchanges and then cancel their order and buy up or sell into the orders that are out of whack with the true price.

Of course it's also possible that it's just a bug but I think it's interesting that none of the other currency pairs seem to suffer from it.  Anyways after losing .1 BTC last night from this bug again I'm leaving my bot off.

Hopefully Kumala can post here on what the problem actually is and how the underlying bug has been fixed.
hero member
Activity: 798
Merit: 1000
December 16, 2013, 10:53:38 PM
vircurex just shat itself again ive been trying to manually release an order for the last 30 mins and no luck.
tried cancelling and re issuing the order several times.. no dice.

edit: its an LTC/BTC order
legendary
Activity: 2268
Merit: 1092
December 16, 2013, 09:23:06 PM
Anyways sorry for the rant, I really like Vircurex so it's just hard to watch it have issues like this.

Same here. I was caught by an API bug ("Several orders were executed wrongly between 4th Dec and 7th Dec") so shut off my bot.

When that was fixed, I turned it back on, only to find that the Vircurex API was now randomly refusing to release orders.

My bot normally watches/trades 24/7/365, but it has been switched off for 99.9% of the past 12 days because of these API problems.
member
Activity: 93
Merit: 10
December 16, 2013, 09:03:10 PM
This is a new bug that has affected LTC/BTC trading 3 times so far.

The first time it took days to get fixed (they announced it was fixed with the "Stuck LTC/BTC trading queue resolved" news message).  The second time was faster only lasting a few hours.  But this one started yesterday and still hasn't been resolved.

I have a bot that trades on Vircurex and every time this happens it causes headaches for me.  Basically a trade will show up in the order book and it'll be impossible to buy or sell into it either through the web (you can't release your order) or the API (you get back an error).

If you look at the graph on https://vircurex.com/orders?alt=ltc&base=btc you'll see three distinct straight lines on there, one which we are currently in the middle of.  I've emailed support every time this has happened and I can't tell if it does any good as I get no reply back and sometimes it takes days to resolve.

I understand if they can't keep up with email support volume due to a bunch of new users but for love of god please setup nagios or something to monitor the exchange for bugs like this and for running out of withdrawal balances (my theory on why sometimes withdraws get stuck for days).

Anyways sorry for the rant, I really like Vircurex so it's just hard to watch it have issues like this.
full member
Activity: 147
Merit: 100
December 16, 2013, 11:45:12 AM
The website! No wonder the prices were so good at that time if it did not work for anybody! Undecided Today I was able to buy 1LTC but I am not able to sell 27LTC. Again order release failed. Support did not answer yet
legendary
Activity: 2268
Merit: 1092
December 15, 2013, 09:51:37 PM
Can't trade - error releasing the order! Sad

Website or API? I ran into this issue 3.5 days ago with the API, attempting to release the order returned error 9999, but the order showed on the website and I was able to release it there.

Still waiting for a reply from support.
full member
Activity: 147
Merit: 100
December 15, 2013, 06:06:09 PM
Can't trade - error releasing the order! Sad
hero member
Activity: 516
Merit: 500
CAT.EX Exchange
December 11, 2013, 10:11:51 AM
Am I right that the "Recently executed orders" table use the server's local time and the plot uses GMT ?

There's a way to change your timezone in the settings.  I don't have time right now to list instructions, but post again tonight if you can't find them and I'll guide you tonight.

Never mind. Can't access it now.

@Kumala:  vircurex cannot be accessed from China unless a proxy is used, probably because cloudflare is blocked. Proxies are a pain in the neck to use. vircurex is losing half of the wolrd's crypto users. All other crypto exchanges are ok.
legendary
Activity: 2086
Merit: 1031
December 11, 2013, 08:33:10 AM
Am I right that the "Recently executed orders" table use the server's local time and the plot uses GMT ?

There's a way to change your timezone in the settings.  I don't have time right now to list instructions, but post again tonight if you can't find them and I'll guide you tonight.
hero member
Activity: 516
Merit: 500
CAT.EX Exchange
December 11, 2013, 01:33:28 AM
Am I right that the "Recently executed orders" table use the server's local time and the plot uses GMT ?
hero member
Activity: 837
Merit: 1000
December 09, 2013, 02:47:42 PM
Any plans on adding new coins ? Quark for example has more capitalization than NMC/DVC/IXC//TRC/FRC/  according to http://coinmarketcap.com/
sr. member
Activity: 304
Merit: 250
December 09, 2013, 09:17:06 AM
I put in 1BTC to see, I let 3 payments accrue:

0.00000641
0.00000985
0.00000645

Average was 0.00000757
Estimated daily interest on 1BTC = .00003028
Withdrawal fee: 0.002BTC
Time to make enough interest to even cover the frigging withdrawal fee: 66 days!!!!!

Yeah, when the interest is best measured in satoshis, you know its not worth the risk.

thanks, I withdrawed my coinz some time ago, so it looks like there is no reason to put them back Smiley
legendary
Activity: 2086
Merit: 1031
December 08, 2013, 11:59:04 PM
where is my welcome email?


lots of people having trouble registering lately.  try try again.
sr. member
Activity: 450
Merit: 250
December 08, 2013, 05:20:14 PM
payments to depositors are a promotion for bringing more life to the exchange i guess. it doesnt mean that the losses are paid. marketing actions are good for the shareholders because if they work that brings more traders to vircurex and therefor more income -> dividend for shareholders

Agreed, this is a mechanism to grow volume on the exchange, which in turn increases fees that should, one presumes, bring the exchange closer to running in the black.  That said, this should have been communicated to shareholders, and likely voted on.
Thank you... that was pretty much the point I was trying to make, just not as succinctly as you put it. (I get too wordy sometimes Tongue )
full member
Activity: 182
Merit: 100
December 08, 2013, 03:43:39 PM
where is my welcome email?
hero member
Activity: 918
Merit: 1002
December 08, 2013, 11:16:41 AM
payments to depositors are a promotion for bringing more life to the exchange i guess. it doesnt mean that the losses are paid. marketing actions are good for the shareholders because if they work that brings more traders to vircurex and therefor more income -> dividend for shareholders

Agreed, this is a mechanism to grow volume on the exchange, which in turn increases fees that should, one presumes, bring the exchange closer to running in the black.  That said, this should have been communicated to shareholders, and likely voted on.
legendary
Activity: 2086
Merit: 1031
December 08, 2013, 11:15:37 AM
Cryptsy has "Cryptsy Points" which (I think?) are granted when you trade. Nothing spectacularly unique about that, but the interesting thing is that you can also buy and sell Cryptsy Points on the exchange, like a currency. That way the market sets the ultimate reward, and it's not limited to people who keep larger balances.

What can you  use Cryptsy points for?
legendary
Activity: 2268
Merit: 1092
December 08, 2013, 05:16:36 AM
Cryptsy has "Cryptsy Points" which (I think?) are granted when you trade. Nothing spectacularly unique about that, but the interesting thing is that you can also buy and sell Cryptsy Points on the exchange, like a currency. That way the market sets the ultimate reward, and it's not limited to people who keep larger balances.
sr. member
Activity: 450
Merit: 250
December 08, 2013, 01:48:26 AM
I think you're mistaking operating expense with profits... you're assuming that these interest payments are profits... perhaps they are just an expense to increase transaction fee revenue?

You act like the company has profits they are withholding, perhaps without these interest payments, there would be even less transaction fee revenue.

and if they are giving so little information; how do you pretend to know so much about how many profits there are???

I don't understand what you are expecting to get by posting here, other that people like me responding for sport Smiley
Not mistaking it at all. I'm not at all new to investing.

My concern is with the reasoning for this move to divert income into paying interest while investor's dividends are still suspended (which was supposed to be for recovering the losses incurred from the hack), instead of being applied to recovering those losses like we were informed of?

As an investor, this troubles me.

Also as an investor, I know that a dividend isn't guaranteed. There will be times in any business, where the venture has taken a loss instead of a profit, and no dividends are available to be distributed. This isn't that case, however.

We need to be kept in the loop more than we have been, and we'll often agree with what is being proposed for what is best for the company over the longer term.

If dividends weren't currently suspended to cover the losses, this would be a different situation.

IMHO, the new system of paying interest on deposits, during a time where we're still essentially paying to cover the losses, seems ill-advised. In a shareholder vote, I would be voting to continue to recover the losses first, and delay paying interest until the balance sheet is back into the black again.

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