Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
minerpumpkin
on 06/05/2015, 23:34:23 UTC
There is a thread in reddit with multiple reports of Bitfinex users watching a malfunction occur, with massive long and short orders which they did not issue, and far exceeding the size of their account. It is being rapidly downvoted, and reddit is lagged.
http://www.reddit.com/r/BitcoinMarkets/comments/353yu8/bitfinex_having_serious_lag_issues_be_very/

If confirmed, I think there will be a bit of a holding pattern in the market until Bitfinex announces how they are going to clean up the mess.

Well, if this is true and people are losing 5-figure USD amounts, I doubt there won't be people pushing for this to get resolved. I wonder whether it's merely a "bookkeeping" problem, or something that can be rolled back, or someone ends up having to pay for this mess. And if this turns out to be Finex... well,.... Popcorn time?