Author

Topic: MtGox emergency 1hr outage, 2 hours after that to CANCEL YOUR OLD ORDERS! (Read 884 times)

hero member
Activity: 868
Merit: 1000
MtGox now redirects to this message for all site requests: Service is down for emergency maintenance for one hour, until 2013-04-11 23:30:00 UTC. Please retry at that time

This is just a reminder that old orders in the system ARE NOT CANCELLED according to previous statements. If you had an old safety "buy at 100" order sitting in the system, for example, it will likely be filled when trading opens if the prices drop. Monitor the site and cancel all your book orders if you don't want surprises.

Lol - imagine those on a vacation in the mountains somewhere, coming back and see they bought coins at 100, but wait -- jay - the price went down to 35.. buggers.. But on the other hand, if they bought on 100 and the price rose to 140, and gox had cancelled all outstanding bets, they'd probably not be too happy..
legendary
Activity: 1512
Merit: 1028
MtGox now redirects to this message for all site requests: Service is down for emergency maintenance for one hour, until 2013-04-11 23:30:00 UTC. Please retry at that time

This is just a reminder that old orders in the system ARE NOT CANCELLED according to previous statements. If you had an old safety "buy at 100" order sitting in the system, for example, it will likely be filled when trading opens if the prices drop. Monitor the site and cancel all your book orders if you don't want surprises.
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