Traders cryptobeurs Crack have been already on Friday to face with a crazy price of bitcoin. Some of the users are managed by BTC with a huge discount, to buy, and as a bonus for the sale.
Due to a mistake during the testing of a new order type, bought, and sold, and the tester can be bitcoin for the wrong price. According to the Crack, could some of the users of BTC, and buy-in for $8,000 and sell it for $12,000.
A great deal, if the price of bitcoin is around $10,000, with condition. How many people have made this mistake, it is not clear.
In a series of tweets, provides for the grant of an explanation.
1/3 Yesterday (a test of an unreleased, advanced order types encountered (a bug which resulted in the order’s prices being matched against-the-wrong-side-of-the-book. Some clients have bought from the tester, at $8000, and others, sold at $12000 without clearing the intervening liquidity. pic.twitter.com/iG3sEPCVXS
— Cracking in the Exchange (@krakenfx) on September 14, 2019
Contents
Oops, my bad
The mistake made is that of purchase and sale instructions will not be the best option to chose. It’s fun for the winners, but of course this should not be done in a cryptobeurs.
In a controlled environment, errors can be made. But, in the live product is risky. Not only is the name of your company, but you also have to market it. You may not need to ask them if everything is correct.
The ceo of Kraken, Jesse Powell, responding via Twitter to the attention Of “the new order types to undergo thousands of automated and people-powered tests. We may not have all the flaws of it.”
Back to normal
According to the Crack there are no other traders suffer become this error message. On Twitter, claiming some of the traders, their purchase orders are not received by us. This is, however, no evidence has been provided to date, therefore, there is a chance that these people are just nasty to want to do it or a refund like.
In the meantime, the bitcoinmarkt from the Crack back to the calm. The price of BTC is at the time of this writing, is around $10.350. The error had no significant impact on the market.
For those who were able to take advantage of the cheap (or expensive) bitcoin the “tester”, it was, in any case, for a limited time.
The new Bitcoin News on: Bitcoin, and the Lightning Network, as well as the measures taken by The Bank
To have a say about anything that has to do with bitcoin, altcoins, and the market that surrounds it? Come and visit us on Facebook, Twitter, or by Telegram.
Thank you for signing up!