Both projects are partial of a same overarching team, nonetheless they support to really.
Coinbase Exchange to Rebrand Following Ethereum Trading
$DAX – NorthmanTraderGDAX would not load fully on multiple PCs, and when it finally did, I had to re-login.
SQL Server: Understanding the RELATED function in DAXWhat they did instead was cut access to countless users - either through lack of capacity or for other reasons, and allowed trades to execute.However, automatic liquidation occurs if the value of this portfolio gets too low.Could not load it back up until past 7pm, and had to re-log in.
For general questions and conversation and visit our Community.Bitcoin News: GDAX Exchange to Reimburse Traders After Ether Flash Crash.It was a glitch in their system as any person with common sense might figure out (when a price drops from 300 to 15 dollars in 3 seconds and rebounds back).I also had no access to GDAX, and certainly would have sold if I saw such a steep drop in progress.For some reason you seem to believe the Eth exchanges are linked, they are NOT linked.Welcome to Dax, a fine dining restaurant Dublin city centre offering modern Irish-French cuisine for business lunches and dinner Tuesday to Saturday.
We are continuing to conduct a thorough investigation and will keep customers updated with any resulting actions.I get it folks see eth as an opportunity- so do I but every one should know as is always stated there is a substantial risk.GDAX, which makes money by charging a small percentage on each trade, has been experiencing phenomenal growth over the last 12 months,.Ethereum price on Wednesday fell to as low as 10 cents on GDAX,.If there are a sufficient amount of stop loss orders and margin traders he could get back all the ETH he initially sold at very cheap prices.I just caught a glitch in gdax website that goes after 0 sec on the timer.
Hey guys, I made a market order and sold 14.81 BTC on gdax and it estimated 40400 and I only got 37654 Euros.So far the only reply I have received was that they are investigating.I monitor GDAX, and watch charts compulsively, and have alerts set up to warn me of any large drops.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.
Back in 2011 I was liquidated on Forex (on one of the largest exchange) in a similar way.GDAX, the cryptocurrency exchange used by Coinbase, hasadded Litecoin for dollar trading, causing a surge in its price.GDAX, the cryptocurrency exchange operated by Coinbase, has announced that it will launch support for Bitcoin Cash.The whole point of a trader taking on margin risk is. that the trader get extra gains when things go well and the trader loses when things go sideways.Ethereum suffered flash crash on the GDAX exchange on Wednesday.
Making the exchange inaccessible as this happened is what Coinbase did wrong.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.Can someone sell back their btcs on gdax and if so at what rate.When I went back to it later, the site was still sluggish, I needed to re-log in, but after several refreshes it did come up.When I came back, my margin amount was zero, and I had the following transactions under fills.And this is the type of money you will probably never even hold in your hand.We understand this event can be frustrating for our customers.
@reddit • Instagram photos and videosI was at my PC the whole time, have alerts for drops set up. website was completely unresponsive.If I had access to my account at that time, I certainly would have sold at a loss, but far higher than the margin call executed.There is simply no time for warning messages and adding more funds.There is no way GDAX can both protect itself and protect its risk-choosing customers from sudden events whose resolution (crash recovery or not) cannot be known at the moment of sudden change.Even their own terms and conditions address these two exact scenarios.
Even in the announcement of the ASIC miner thread on Reddit he seems to be.There will always be the possibility that the orderbooks get wiped out from manipulation, but since they offer margin, the onus is on GDAX to mitigate unfair liquidation in the face of extreme price swings.The easiest place to buy, use, and accept bitcoin, ethereum, and litecoin.That is because otherwise if the crash stuck the exchange would have to cover the damage caused by the risk you chose to take.This GOD DAMN margin call liquidated my whole account to pay off the damage.
I am an active trader of equities and have used Etrade margin.As Bitcoin and Ethereum take a tumble, the spike in user traffic at both Coinbase and GDAX have resulted in outages and trading freezes respectively.