Thread: Alt Coin Mining
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Old 08-18-2014, 12:38 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
I wouldn't be surprised if a lot of the big ops my bot found were due to fat fingers.

I discovered the other day, to my unpleasant surprise, that on bter.com that even though you're apparently "buying ALT" it will actually fill orders to the equivalent BTC amount. You're effectively buying (selected price * 5000) rather than buying 5000 ALT exactly. Doesn't matter most of the time, but if you mess up and put in a price that doesn't have enough decimals (eg 0.0001 instead of 0.00001), rather than the exchange buying the specified 5000 ALT at best price, you'll end up buying 50000+ ALT.

edit: or put 5000 into the price box, rather than the amount box. You could easily wipe out your entire balance.

Last edited by rowan; 08-18-2014 at 12:41 PM..
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