Bitcoin Forum

Economy => Economics => Topic started by: Oldminer on June 09, 2011, 11:29:10 AM



Title: Market open/close time?
Post by: Oldminer on June 09, 2011, 11:29:10 AM
Does anyone know at what time on the world clock does mtgox market open and close? Can't find any reference to it on their site. Does it even close at all?


Title: Re: Market open/close time?
Post by: piuk on June 09, 2011, 11:33:20 AM
24/7.


Title: Re: Market open/close time?
Post by: tymothy on June 09, 2011, 01:10:14 PM
http://img146.imageshack.us/img146/2703/mtgox.th.jpg (http://imageshack.us/photo/my-images/146/mtgox.jpg/)


Title: Re: Market open/close time?
Post by: speeder on June 09, 2011, 01:16:25 PM
I think he wants to know when midnight happens on mtgox (it is at that time that it updates the "close" and "open" prices, with "close" being the last one, and "open" the first transaction after the "close").


I too wonder what timezone mtgox is.


Title: Re: Market open/close time?
Post by: GideonGono on June 09, 2011, 04:55:59 PM
I a not sure exactly but I know it opens at midnight. The time zone is close to ine and I am GMT +8. I suspect it might be the same timezone as Japan where Mt Gox is allegedly located.


Title: Re: Market open/close time?
Post by: Jack of Diamonds on June 09, 2011, 04:59:44 PM
It should "close" every day 23.59.59 at JST (Japan Standard Time), or 9 hours behind UTC. In reality the exchange is 24/7, at least for the automated trading. Withdraws are manually processed.

Sites like bitcoincharts.com will show a closing and opening price.


Title: Re: Market open/close time?
Post by: bitoption on June 09, 2011, 09:25:47 PM
Since Jed was in Costa Rica originally, it might have a CR time.