Cryptocurrency For Beginners Reddit My Ethereum Purchase Was Automatically Canceled

Find the Cryptocurrency For Beginners Reddit My Ethereum Purchase Was Automatically Canceled you want to mine and the pool you want to mine that coin on. If anyone else is experiencing the worst day of their life cause of this In this situation simply doing nothing would have made you. My last buy was cancelled, and I got my refund. A flaw so serious the price goes to zero. Calling out other users for breaking our rules is not allowed. If you intentionally bounce an order, you will probably have great difficulty ever using them again as they would understandably consider you a fraud risk Reddit Best Btc Mining Site How To Get Genesis Mining Payout Early that point. The only response we got was "make a new wallet. If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. Do not create posts to buy or sell hardware in this sub. User flairs or tokens Cardano Vs Bitcoin Using Antminer For Litecoin the ticker are not an endorsement. There is also the added problem that GDAX made user accounts inaccessible - the website went down - while this occurred, and it was their own margin call system that caused the sale during that time. They like to talk. Separate threads about exchange issues will be removed. If the price falls slowly, you would get an email from the exchange warning you to add more funds to your collateral. Submit a new text post. That said, if you're margin trading anything, and don't have stops in place Log in or sign up in seconds. I'd shut it down Is Ethereum Going To Be The Next Bitcoin Litecoin Acceptance investigate that it was real and not a glitch too You can also use Bitcoin Core as a very secure Bitcoin wallet. I just feel that this story is not over yet and it's not good for ETH. There are some other posts on their community board indicating there were cancelled orders in the past few days. I also took a serious risk. However, a limit buy order at. What happened, happened in seconds! As of now, The attackers caused the price to drop both by shorting and other means, ultimately causing gdax to margin call everyone at the same time due to the price dropping. The better solution might be too execute the stops first, but then the guy doing the market sell will be pissed as he sees the book get thinner after he enters his sell order. This was optionshouse, not e-trade, though I guess now they are one in the .

That's just how they their business model works. Anybody else having trouble with SMS 2fa? Altcoin discussion should be directed to our Slack Group or Cryptocurrency Components Graphic Mln Price Ethereum appropriate subreddit. Guys Get together and get Whole Edit, just want to clarify, I had There is also the added problem that GDAX made user accounts inaccessible - the website went down - while this occurred, and it was their own margin call system that caused the sale during that time. Someone dumped a statistically significant percentage of the past 24 hours total volume among all exchanges in a single transaction and then some folks made millions instantly. Want to add to the discussion? I'm sincerely sorry for your loss man, but GDAX Altcoin Mining Comparison Is Nice Hash Profitable To Use For Bitcoin Mining made a statement and it looks like it was all fair play aside from the server lag. Froze all accounts until the situation could be understood, and dealt. I didn't expect it Binance Withdrawal Without 2fa How To Transfer Bitcoin From Coinbase To Poloniex be filled, but was hopeful. So that is my warning to you. Not trying to pretend like I'm an expert or a high volume trader. Wake the fuck up. No compilations of free Bitcoin sites. Automatic payments in bitcoins - daily or weekly Minimum payout 0. If you have ideas for the remaining BTC, see here for more info. But I don't understand, why not just put a stop order at somewhere quite a bit below market price so in case it starts dropping too far, you lose but at least not as much as "pennies " or a low dollar amount? This however was too much for some margin traders and forced liquidation which in turn forced them to sell ETH at low prices and lower the price even further triggering more liquidations. Couldnt hurt to try with a couple hundred bucks spread across different exchanges though. NiceHash submitted 2 months ago by macmining. Want to add to the discussion? I totally get that a cancelled purchase is a bad customer experience and I understand why they'd be pissed, but I do believe it's a consequence of legitimate anti-fraud measures, not a scheme to rip off customers based on price movements. I'd be interested in knowing what the problem is. If the price were to suddenly double, then Coinbase will find an excuse to say his order was 'cancelled': That's what happened here. Yet, i can't even create an account with an existing coinbase account. Or keep all his eth in a ledger in a safe deposit box? I guess you have to be pretty good at knowing all of the quirks to not get screwed on the platform. It won't help your account profile, but that's not true. No referral links in submissions. Most of the time it's because they have shitty policies and don't care about customers. But isn't it pretty obvious the price is due for a correction? But seing the price go back to already I might have over reacted. How can I raise my limits? Sorry but it's been said here many times previously. Active trader using etrade. Given my personal financial situation, my balls aren't that big to make any serious gains doing that. Hopefully GDAX makes it right. Do you believe there was an error of some kind? A flaw so serious the price goes to zero. Anytime I try to sell or put eth into ED it auto purchased an order I can't cancel.

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What makes you think access was cut before the trades executed? How do I buy and sell digital currency? Some stays on exchange. This is extremely frustrating! Where is my wire? You should have some time to make your obligation whole by transferring funds into the account. It is very routine for Coinbase to cancel the BTC purchase orders if they are filled at "too good" price. Do you believe there was an error of some kind? Become a Redditor and subscribe to one of thousands of communities. The E Foundation hates margin people. Yes, stop orders can be dangerous, but can also save you from losing more. And for the record - I never trade in margin accounts - too risky. Submit a new text post. Doesn't even know how to cash out properly. Someone dumped a statistically significant percentage of the past 24 hours total volume among all exchanges in a single transaction and then some folks made millions instantly. People state that their orders were filled at super low prices. I feel for those who were over invested on margin; I've been there with a foreign exchange margin call that took out the balance of my entire account. The price for determining liquidations should use a manipulation-resistant calculation that takes into account all of the major exchanges' prices and the duration of previous price levels on GDAX itself. Honoring properly executed orders is critical to maintaining the integrity of an exchange. I'd recommend to people to think about deleveraging somewhat right now to avoid this shit repeating. If it's a glitch they're better off rolling it back before any harm was done. Never had any issues. Never had a problem and I use instant buy. I totally get that a cancelled purchase is a bad customer experience and I understand why they'd be pissed, but I do believe it's a consequence of legitimate anti-fraud measures, not a scheme to rip off customers based on price movements. Submit a new text post. Advertently or inadvertently posting a wallet address for seeking donations or requesting hashing power towards a wallet address without prior checks and approval Bitcoin Ask Coinbase Coinbase Litecoin Sales Are Suspended the mod team is a bannable offense. If the site is down and you cant login or trade Could happen again tomorrow, could never happen. They're doing well on this I suppose I will be upset if they decide to claw it. I have canceled other orders after this just fine, but one order never refunded me after being canceled. In any normal market, you don't have single individuals capable of wiping out entire order books, and you don't have exchanges that would even allow that to happen. There is simply no time for warning messages and adding more funds. Hi Michael, I emailed support coinbase. Can coinbase affect your credit history? They just moved millions of Bitcoin Miners For Sale Uk How To Buy Litecoin And Store On Keykeep of ether in seconds I can't decide who I feel more sorry. You can speculate, but you'll never know for sure.

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Will it keep trying to withdraw from my bank? I have a degree in financial analysis, so I'm just going to make some intro videos for the traders here that explain the basics. This is not bs, this is what margin trading is all about. I wonder if longs were wiped or if it didn't affect trades at all I assume it's a bug. Limit orders are better than market orders, because then if a crash is happening, it doesn't sell your coins. Submissions that are mostly about some other cryptocurrency belong elsewhere. A class action lawsuit would be very viable. Submit a new link. Bitcoin comments other discussions 1. Some fairly underhanded ddos attack was going on while allowing api trading to continue. You don't get a choice when it's a margin. What they did instead was cut access Cryptocurrency Motley Fool Ripple Crypto Coin Alerts countless users - either through lack of capacity or for other reasons, and allowed trades to execute. Or did all orders get cancelled? If these were trades that were hanging at specific price levels, a sell off could have caused a domino effect Should I Buy Small Amount Of Bitcoins Convert Bitcoin To Ethereum India made them execute automatically. Due to the earthquake in Japan. Not execute obviously crazy low sells. Sorry but it's been said here many times previously. We are well into bubble territory. Want to add to the discussion? Who knows what they do when they have those random outages. Just shutting down the exchange to investigate would be. Requires comment karma and 1-month account age. Please send us a modmail. I was starting to lose hope when I refreshed and there was a sell order, way lower than the rest, at the exact price I had my buy order!! This is why I don't do margin trading anymore.

Want to add to the discussion? You don't get a choice when it's a margin. Getting Bitcoin Gold Difference Ethereum And Ethereum Classic wondering if I could do. NiceHash submitted 2 months ago by macmining. I'm a little confused on how that would work. All flair names are capitalized, e. Absolutely crazy, flash crash. Please send us a modmail. All I know is to either store coins in a wallet, sell them or shapeshift. Luck was necessary but not sufficient. So, if you make sure you don't have overdraft protection or any way for the bank to debit the money from your other accounts, the transfer should bounce. There is also the added problem that GDAX made user accounts inaccessible - the website went down - while this occurred, and it was their own margin call system that caused the sale during that time. There were literally dozens of threads on Bitcointalk regarding this over time. Recognizing an overheated market full of inexperienced traders. What was the trade how many ETH at what price entry? I've been using Coinbase from the beginning, and have never had a single issue. If you move money out to get an NSF Coinbase will try once more, if still unsuccessful they will unlink your bank account. I need to try and see if I can buy this and see wtf is going on. I haven't traded before, just a hodler. Trading on margin in crypto is risky but people in this thread are vilifying it. Anyone else having orders cancelled by Coinbase self. Trades should usually not be advertised here. Be aware that Twitter, etc. As you said it is the same risk as anyone else with money in eth. Would be more of an experiment more than anything. I'm investing long-term, so it didn't worry me too much, but I do hope they're not reselling when the price goes up, calling it a cancellation and pocketing the profits. Unfortunately none of that helped since the website became completely unresponsive, and coinbase went down as well. I feel for those who were over invested on margin; I've been there with a foreign exchange margin call that took out the balance of my entire account. Where does it say the the same person who market sold that initial order bought anything? And just got another cancellation for 2 BTC with the same generic Cancellation email. Why do people insist on using kraken? I believe the exchange has a duty to reflect true market prices, this error was due to a lack of liquidity and proper precautionary tactics on their end. It's a common complaint but naturally people don't complain when a cancellation saves them money. You should delete your Reddit account for even asking this question. Everything happened as it was supposed to happen. If your ETH balance goes to zero on ED and you still have open orders, the orders will become invisible, permanent, and can no longer be cancelled.

Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising. Imagine for a second how dumb it would be if you could undo orders just because you didn't like where the price went. That's why I stopped margin trading after Kraken incident. Submit a new text post. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. Bitcoin is the currency of the Internet: I don't know for sure the date that Coinbase will debit your account. If at any point the market price goes below the stop order price, the whole amount turns to a market order and will execute until all units are sold, regardless of the price for which they are sold. Find the coin you want to mine and the pool you want to mine that coin on. With that being the case, the account inaccessible, the funds should have been Potcoin Litecoin Dogcoin Cryptocurrency Fraud. I can verify. Seen in this statement from GDAX: If the site is down and you cant login or trade I also took a serious risk. But nothing could be. Limit orders are better than market orders, because then if a crash is happening, it doesn't sell your coins. If your ETH balance goes to zero on ED and you still have open orders, the orders will become invisible, permanent, and What Is Mtl Cryptocurrency How To Create A Wallet For Cryptocurrency no longer be cancelled. Coingecko - Cryptocoins social penetration analysis and top list. No issues, no cancelled transactions. Assuming you lost money due to a stop market order, then it would have still happened if Coinbase had stayed up. I should be able to whip something up tonight after work! However I would say due to the website down, Coinbase is liable. Clearly you don't understand how margin trading works so you just came to do some moaning and whining of your own. Market is too volatile even without the shenanigans of various exchanges of which there are plenty! Want to add to the discussion? The value of Eth did not drop anywhere else so low. Again to clarify - you literally cannot reverse a buy without also reversing a sell. Yesterday ARN was listed on Binance. This isn't the first time this has happened with crypto. I still have an invisible order. Submit a new text post. Thinking I bought near the top. Come back, have to log in. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. This is now fixed. Coinbase has fucked over so many people by being unresponsive at the most critical times. The best way to have this addressed is to contact us via email as mentioned by Michael. What was the trade how many ETH at what price entry? It is very disappointing. As you said it is the same risk as anyone else with money in eth. Was wondering if I could do this. They've canceled orders in the past due to price fluctuations. Then the coinbase app just froze up and i was like damn I am still mad their glitch cost me money and the way tech support went silent on me. This is exactly why the SEC put that rule in place. Yes, I hope you're right about that.