Today's market crash is brought to you by Kraken's malfunctioning trade matching engine.
Conversation
Hi Kevin, I'm a fan of but don't you think it's irresponsible to make misleading, disparaging and libelous statements on the basis of your own speculation, without any direct information? I'm sure you can think of a plausible alternative. Hope you issue a correction.
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Then you should *immediately* account for *exactly* what happened with today, what you plan to do about it, and how you'll make it right with your customers. You guys have had *zero* communication with your clients about this today - leave it to the internet to guess.
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What do you mean what happened? Selling drives the price down. Buying drives the price up.
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Specifically, why was your API latency more than 2k during the event so that your clients could react, and why did you go down for maintenance?
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And how can you possibly expect your clients, during all of that and all of the anomaly charts, to trust you when you say “our software works! Trust us, we got it right?” Oh, our API is down! Oops! Something clearly was not right with *just* your exchange.
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Maybe something was different but that doesn’t mean something wasn’t right. I haven’t seen evidence that things did not work as expected.
Jesse you can't put my balance negative and not allow me to put a stop loss. I put in a trade, the site crashed and I was unable to put a stop loss on. Even still the 40% liquidation level should have been triggered and not putting my account minus. Please fix my account #4519177
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Disappointing to see there’s deflective answers to very direct questions like Bobby’s. Why dive into comments if you’re going to politik?
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You know that is BS. We can all understand a few percentage points margin of error between exchanges but give one plausible reason why many coins were traded at often 1/4 the price of the lowest exchange.
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