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This is definitely ridiculous. The loss of value was not on the fault of Coinbase, but the result of market swings.
by jeremyrwelch 13y ago
This is definitely ridiculous. The loss of value was not on the fault of Coinbase, but the result of market swings.
- bsiddiqui 13y agobut he wasn't able to react to market swings for 5+ days after he was supposed to receive delivery
- jlas 13y agoSure, but the question is: if Coinbase placed the order today, that suggests they kept the ~12k loss for themselves. Is that rightful profit?
- PeterisP 13y agoIf you delay orders due to your fault (no matter if it's liquidity, intentional, technical or whatever) then you're liable for the market swings of the delayed good.