Bitcoin Forum

Economy => Speculation => Topic started by: pera on December 06, 2013, 10:23:16 PM



Title: [poll] MtGox rollback/goxloop opinions
Post by: pera on December 06, 2013, 10:23:16 PM
Since April's crash MtGox is looping big sells orders, preventing any possible flash crash.

I believe if you're being bull this feature leaves you calm since it's kind of a life-jacket for panic sells... but anyways I would like to know your opinion, I don't really care about your position or how fair is this.

And of course, some people can analyze this behavior to predict short-term market bounces on MtGox making things more interesting ;)


Title: Re: [poll] MtGox rollback/goxloop opinions
Post by: sgbett on December 06, 2013, 10:26:49 PM
I suspect its a bug and not a feature.


Title: Re: [poll] MtGox rollback/goxloop opinions
Post by: pera on December 06, 2013, 10:29:50 PM
I suspect its a bug and not a feature.

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

source: http://www.malwaretech.com/2013/11/mtgox-nearly-breaks-bitcoinagain.html (http://www.malwaretech.com/2013/11/mtgox-nearly-breaks-bitcoinagain.html)


Title: Re: [poll] MtGox rollback/goxloop opinions
Post by: sgbett on December 06, 2013, 10:33:31 PM
Ya, I read that, I suspect it was supposed to rollback to $trade+1 and not $trade.

That way it wouldn't keep executing $trade and getting stuck in a loop.

As to whether they should be deciding what orders to allow through, not a chance imho. Let it sell, let it lag. Especially thesedays when there are at least 2 other exchanges where people can not panic sell on.