Conversation

BTCVIX
@BTCVIX
OKex limits the size of market orders and forces multiple orders and/or limit orders based on the thickness of the book, some of these things have been honed and polished up for years I am more turned off by the lack of concern from Jesse, I guess to him it isn't an issue ?
2
15
BTCVIX
@BTCVIX
let me start at the root aspect with some honest questions: Do you think this event improves your image to current and prospective customers ? Do you think overall customers feel this was event is fair ? Do you even consider this an "event" worth handling ?
2
2
21
Jesse Powell
@jespow
1. No, 2. Yes (someone took the other side of every trade) but I'm sure people who sold at a price lower than the current best bid would prefer a do-over, 3. what would "handling" it be? Everything appears to have operated as expected. The event was entirely predictable.
13
2
9
₿TFD&HODL
@_TheDivergence_
No, please don't roll it back! I've had capital tied up on the sidelines just waiting for an opportunity like what happened today to occur; I figured there would be a sweep to flush out stops, so I placed a low bid at historic support level, and I'm happy with trade.
1
3
₿TFD&HODL
@_TheDivergence_
In crypto, I've come to expect big volatility swings when price action is showing weakness... I've learned that it's the nature of this game. So I will take the chance that these things happen and use them to my advantage... and BTFD.
1
1
3
BTCVIX
@BTCVIX
thing is I didn't actually suggest or state a rollback is the solution at all that was self posed as the only solution by Jesse himself as the only thing they could do... this is a mishandling overall just from a PR and marketing perspective mind you a possible technical loophole
2
1
This Tweet is from a suspended account. Learn more
BTCVIX
@BTCVIX
this actually is a pretty valid answer -- maybe just end margin trading on your platform as you aren't able to do so a competent level, I mean other exchanges seem to have mostly figured this out that is why it is bizarre seeing your responses as such
1
1
BTCVIX
@BTCVIX
Replying to
@jespow
@_TheDivergence_
and
@iwearahoodie
not to sound like an ass but where in the trader education course is the part to expect a 50% dislocation in price in a major pair from the rest of the market ? are you legit not going to acknowledge some responsibility ? I guess legal is probably telling you no
1
7
Daniel Stalder
@DanStalderBern
Replying to
@jespow
@BTCVIX
and 2 others
possibilty to end up -$53k on entire account, including loss of coins/tokens which were not considered collateral? i new i can loose my collateral at any time, but i trusted MM and arbitrage pools at least protect from this.. also you deleted warnings on reddit
1