bitserve
Hero Member
*****
Offline Offline

Activity: 882
Merit: 761


HODL.


View Profile Personal Message (Offline)

Ignore
May 23, 2017, 10:03:54 AM

Lol at kraken btc hit 2082 in 10 seconds?
Whats going on lal

I don't know what's happenning with KRAKEN... It's the third time (that I have NOTICED) that I had limit orders placed from days before that ARE NOT EXECUTED when the price cross and pass my limit price.

In this case, the price reached 2082€, yet I had some sell limit orders in the 19XX€ and 2XXX€ range that were NOT EXECUTED.

I always leave low and high orders to take advantage of this spikes... but it looks like someone else (maybe KRAKEN itself) is taking advantage of it and not me?

WTF is this shit? It is costing me MONEY.

And I am still waiting on the last ticket I opened about this issue past month.

Anyone else on the same boat?

What this leads me to believe that maybe some people are being liquidated, at least at a worst price than would happen if orders on the way were executed.


I could be wrong but... Could it be because there is not enough demand?

I means yeah the price actually crossed the lines but not for long, it might be that there was no one to actually take your position no?
Anyway it's interesting to note, do you have any other platform on which you can trade? I hate btc-e for trading, they're good to buy/sell but not to manage leverage trading positions.

No, that's not how the order book (should) works. If someone goes to sell (or be liquidated) all the way to 2082€ it means all sell orders before that price have been honored.

The only case that could be a bit confussing is if the rise stops at exactly the price you had your limit orders set. Then, if there are more coins from other traders that were placed before yours AND are enough to cover the demand, no single coin from you will be reached. But the price can't rise any single penny above while there are sell limit orders pending at that price.

I haven't had any single problem with Bitstamp but I have never used leverage there, not sure if they already offer it.

For leveraging your alternatives are not much and not good either.