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Some good advice but how would you know the difference between one dude with a fat finger and infrastructure problems? You don't present any evidence for your alternative theory. Nobody has made claims of orders not matching properly. Company has denied problems. What gives?
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Didn't Kraken suffer infrastructure problems at the time that prevented people from placing extremely attractive buy orders to purchase ETH at a small discount to other exchanges. Did API latency not spike?
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Replying to @jespow and @CarpeNoctom
But... we know you had infrastructure problems during the event.
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Depends on how you define "infrastructure" and "problems". If there was a period of time where new orders couldn't be placed, it would have affected sellers as much as buyers. One tracker's latency over the Internet doesn't necessarily mean there was a problem on our end.
Well, giant arbitrages persisting for more than a second is what the market is calling a "problem" here. And the most likely explanation supported by specific latency tests is that arbitrageurs couldn't keep the price in line because of kraken's infrastructure lag.
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You have an answer for everything. Hope to see your name pop up in court someday. The day is coming.
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Liquidation is an automatic process so it wouldn’t affect those « sellers » because the trades are processed automaticatly. I am also pointing out the fact that 380ms of latency is inacceptable. Your servers seems unable to handle big traffic. When we fix it’s because of problem
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380ms is not an accurate number just FYI. That is the (average? mean? last?) over the chart period, not the maximum during the event.
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