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.
22
10
55
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.
3
83
What do you mean what happened? Selling drives the price down. Buying drives the price up.
12
1
19
If you honestly believe that coins trading at 1/4 the value of every other exchange is normal behavior, then why would anyone possibly use your exchange?
1
13
Because they can buy coins at 1/4 the value of every other exchange?
You have to understand that those who benefited did so not because we made any mistakes. We take calculated risks. It was your mistake that benefited others and caused many of us to lose a game rigged against us.
1
5
Which mistake was that? If you had been calculating your risk, you would have accounted for the possibility that this could happen.
3
5
Show replies
I agree but not if the platform is DOWN during these events, come on!
You never mention this issue
And it's not the first time, it has happened like more than 10 times these last 4 weeks.
Coins trading at 1/4 their normal value...ok...but let people trade during these rare events
1
1
If you don’t see how utterly poorly this whole situation, along with your response, reflects on not only yourself but Kraken then I am at a loss for words
1
