masterXchange big sell off of 1M+


#1

I really hope someone didn’t accidentally sell 1M+ on masterXchange. There should be some confirmation on the sell orders. Be very very careful when selling…


#2

what you mean?confirmation?? that guy sold the maidsafecoin is fake??if it was not fake maidsafecoin, he can of course sell any maidsafecoin he want.


#3

What I mean by confirmation, is there should be a confirmation dialog asking if you’re sure you wish to sell 1M+ for .000005 for x btc. Instead of accidentally putting in that number and then boom. you loose around $17K ish in one shot.


#4

oh I see but when you put order in the market. I think you already have confirmation. It was not big deal. Just people try to speculation.


#5

If it was an accident that would suck, and it’s too easy to do with that platform. Who knows the folks over at that exchange? Could we ask them to add a simple “Are you sure?” confirmation dialog before someone else get’s toasted. If that is in fact what happened.


#6

oh, you mean somebody is so careless, typo mistake add too many 0s…oh…yeah I think it is hardly possible. But yeah to that perspective, having confirmation before deal is better.


#7

big chance it was not typo. he just try to speculate or manipulation the price.


#8

I wrote their support email (support@masterxchange.com) and suggest others do the same. I feel really bad for the person who did this IF that is what happened.


#9

Hope so…


#10

Got to be fat fingers, no point in crashing to that low.


#11

A very expensive mistake!


#12

I think he want to punch the price low and he can buy more at low price. lol


#13

I suspect that the buying and selling order is coming from the same person.


#14

He’s probably trying to actively inflate the charts with a pump action dump by drowning a whale.

… I don’t know anything about trading.


#15

It was a mistake or he was crazy. The market dropped to 0.00000500. I wish I was there to pick them up hehe.


#16

Reply from support implies they will add a confirmation dialog.

Yes a confirmation window sounds like a good idea. But truly, I am unsure that this was a mistake


#17

frankly i have made this mistake on this exchange before, there are so many more msafe then btc, there are a lot of 0’s and i accidentally dumped once, luckily it was only 10k… that being said people have to pay bills and perhaps the seller needed quick cash.


#18

Is this a speculative thread about speculation?


#19

I only pick a little at 0.000016. I should put at lower price…lol who knows…


#20

lol you are so kind.