www.bitcoinmonitor.com is working. You can see these transactions there, at least we can see it looks fairly normal I don't see any txs larger than 1K on bitcoinmonitor, but there were a bunch. Large transactions are often just change as a smaller payment is made from a large address. Here's an example I snapped:  keewee, wouldn't you expect change amounts to vary, and not be in duplicate? |
|
|
|
|
Interesting that some of the huge transactions are from the same person
e.g 4 at 7950 BTC and one at 7900
also 5 at least at 2850 - must be another person dividing up amounts....
|
|
|
|
Mt. Gox needs to implement some sort of spam filtering on small orders. Lowering their volume might be a good start to help out the lag/panic issue. Boy this sure looks legit to me... https://i.imgur.com/TTfPVyd.jpgThey could limit the number of orders for each account per day. A normal human account should make no more than 1000 orders per day. Big volume accounts may have higher limit. People may apply for an increase of limit if they are trading properly Couple that with a simple pattern recognition or minimum time delay between order with a 24+ hour ban penality. That should get rid of those annoying bots and probably isn't that difficult to implement at all. A decent trade engine should have no problems with this amount of traffic. Because the existing engine has to check all pending orders for each user on both sides of each trade it has no choice but to be laggy. In a few weeks the new engine should be done with testing. With the new engine only fully funded orders will be allowed. This will remove the existing bottleneck and if done right should allow 1000x the traffic since you only have to lock the order book to pull off enough orders to fill your incoming order and add any remainder. However, it will likely be done in PHP by someone who thought the original design was fine, so we'll see how it plays out. Allowing unfunded orders in the first place is nuts. I am not aware of any other market which supports that. |
|
|
|
|
Proudhon has deleted his post, quoted in the OP...
|
|
|
|
Well, if we made it to $266 then maybe I was wrong and the market is growing enough to sustain the growth.
Followed by a mass sell off by all. OMG! This was it. Unbelievable, but true. |
|
|
|
There's more evidence too but you get the picture. This doesn't mean for sure it will actually happen, but it's beyond reasonable doubt at this point that Mt.Gox are interested in handling LiteCoin.
My question is: "when will they be handling Bitcoin???" |
|
|
|
|
2nd bounce getting underway.
This one is significant, because the 1st low was $105, so, if the 2nd low of $125 holds then this indicates return to $200 region for stability.
|
|
|
|
Thanks for that one. This is going to be an interesting list when BTC stabilizes somewhere above $1000 ..  |
|
|
|
|
Don't get too carried away. Spread betting is just a form of gambling, not an investment strategy. You can't get delivery of bitcoins from this, as you can with futures and options.
|
|
|
|
Quite an assumption you're making.
The sudden move from $195 to $200 looked very much a (multi)millionaire scooping up 5000 coins. |
|
|
|
Some serious resistance today. Tomorrow will likely be red.
when have we not had resistance this time of day? I'm predicting we at least break 260 tomorrow. BTCChina already at 255. While I think these kinds of gains will continue for a while longer, obviously this can't go on forever. At this rate, we would break 2000 in another week. There's got to be an inflection point coming up somewhere along the road. But who knows, maybe we wont even hit it until after 2000. Inflection point seen in a crystal ball ?!  |
|
|
|
|
I know an unverified UK user who has a default limit of $1k.
|
|
|
|
New bie question What's this queue ? It's how many people are waiting in line to use MtGox. To be clearer, it is the number of people who want to move >$5k per day into gox or >100 BTC per day out of it less the number of SEPA depositors, +/- all the fuzzy exceptions which gox only knows the full extent of. |
|
|
|
i was 14,250 in gox queue on Saturday, now i'm 11,800
one day later and i'm only 11,620  Now i'm 10,360 so i've moved nearly 4k places while the queue has still gone up over 4k, so i guess that means about 8k new requests since Saturday? How many of those are signing up to cash out? 10% maybe? I strongly feel the queue length is being manipulated. But I also doubt that 10% are signing up to cash out. I've yet to find someone with any significant amount of Bitcoin without a Mt. Gox account. They have also hired a dozen people to process the queue, when there was only a couple of people doing the verification work a few months ago. So rate of decrease in backlog (without counting new sign-ups) is much faster. |
|
|
|
BTC China up to $217 again. Loos like the Asians are waking up! Lead us onward my eastern friends!
 Yet, https://btc-e.com/ is still $179 (at the time of posting...) The arbing that can be done is incredible. |
|
|
|
|
So who is stacking up the most BTC? SatoshiDice or MtGox!
|
|
|
|
|
Show Posts
