Bitcoin's Record Price Literally Broke our Software (sort of)

We have fixed an issue that arose earlier today where our system's Bitcoin price was not updating.

Quick background: Chunkhost has accepted Bitcoin for a long time. In November 2012, a developer here sent a transaction of 50 BTC to test the system - back when that wasn't literally $1MM (imagine Dr. Evil meme here).

We run a constant process to update the price of Bitcoin internally so that we can give customers the current, fair exchange rate, but that process ran into trouble today: There was a hard-coded sanity-check that stopped our internal price from updating if BTC went over a certain threshold, which was set at $20,000 - presumably an unrealistic price at the time this code was last updated.

This sanity check got set off today, so for a few hours, customers paying with Bitcoin did not receive a fair rate - we have fixed this and compensated everyone affected, as well as raised the sanity-check threshold to a more realistic price - $5 Billion/BTC (okay maybe not QUITE that high).