Bitcoin Forum

Economy => Speculation => Topic started by: Casino Gambling Guy on November 20, 2013, 06:17:52 AM



Title: What did I just see happen on MtGox?
Post by: Casino Gambling Guy on November 20, 2013, 06:17:52 AM
It seemed like a lot of bitcoin were bought in one big gulp but I can't find a definitive answer.

My guess is about a billion dollars were just spent in a little over 30 minutes. Please correct me or let me know what happened.


Title: Re: What did I just see happen on MtGox?
Post by: Casino Gambling Guy on November 20, 2013, 06:42:36 AM
Was anyone else watching BitcoinWisdom while this was happening?


Title: Re: What did I just see happen on MtGox?
Post by: antoineph on November 20, 2013, 07:03:21 AM
1 billion dollars, nope. from the charts about $4 million changed hands in the time you're talking about.


Title: Re: What did I just see happen on MtGox?
Post by: NLNico on November 20, 2013, 07:09:05 AM
I think you are talking about this:

Quote
MagicalTux: very large sell order matching too many buy orders, causing the security system to stop the trade and rollback anything that was caused by it

I believe 7k btc really got sold so indeed $4M. But I am too lazy to look it up again :p


Title: Re: What did I just see happen on MtGox?
Post by: Casino Gambling Guy on November 20, 2013, 07:32:18 AM
1 billion dollars, nope. from the charts about $4 million changed hands in the time you're talking about.

I see, so it was just a MtGox glitch, I feel better now thanks, I thought the central banks were taking control of bitcoin  ;D

I actually recorded BWisdom and wow it looked so real.