Having been here since Aug. of 2011, this drop is nothing.  The constant runup without any selloffs is the only unusual thing I've seen lately.

I agree that this is a bearish signal.  However, I think this may have had something to do with Gox's announcement about how their new trading engine would reserve funds for open orders.

For example, I have about $20,000 worth of buy orders going from $175 all the way down to $17 - that way if the price drops I'll pick up more coins.  But after hearing about the new trading engine, I already went in and cancelled a bunch of those orders since I don't want them tying up my funds unnecessarily.  I suspect many others may have done the same thing.

Just submitted my complaint to the NSW.  We'll see if it does any good.

I do deposits and withdrawals with them almost daily through Dwolla and have never had any problems.  Usually takes a few hours, a day or two tops.

ETA: To more directly answer your question, had a $1,000 deposit from Dwolla go through this morning.  So not sure what the holdup might be on yours.

Yup, same here.  

Yeah, bugging me to.  Been doing lots of buys with the dumping that's been going on at Gox over the last hour, but going to run out of money here soon.

Probably the dumping that's causing the lag...

I've found that going from Dwolla -> Gox usually takes only a few minutes.  There were a couple instances where I got the MtGox deposit notification e-mail before I got the withdrawal confirmation e-mail from Dwolla.

Going the other way (Gox -> Dwolla) has been pretty fast for me lately (a couple few hours, maybe a day).  Although back a few months ago it was taking over a week.

Yeah, I can't get to it either.

EDIT: And now it's back

Ahh yes, the double wizard hat, a very bullish signal.

Exactly.  Having done this for about two years now between Gox, CampBX, Bitfloor, CryptoXChange, ExchB (remember them) and Tradehill, a consistent 5% return is impossible with any kind of volume.  Especially when you consider the fees & time involved for getting money in and out of BTC-e (which is why I don't even bother trading there).  A typical return for me after fees is about 1/10th of that (0.5%)

I'll second that, but not too keen on throwing more good money after bad. 

NASDAQ trades many different securities.  Each of them could theoretically be traded on it's own server.  

Also, if I understand things correctly, you don't trade directly with NASDAQ.  You trade with a broker who first tries to match your order against their own order book, then goes to other brokers to match your order against their books.  So there's no real guarantee that you'll always get the best possible price or that orders are necessarily executed in the sequence they are received.

Because orders need to be processed in exactly the order they are received.  This is inherently a "single-threaded" process that can't really be parallelized very efficiently.

That said, they seem to have two monster servers that do the work of the trading engine, website, database & api.  I would imagine that work could be split up more efficiently by having a separate machine dedicated to the trading engine, other machines serving the web front end, another for the database server, etc.  They may be doing something like that internally with VMs already though.

You can find the MtGox order book on several third party sites.  Here's one:

http://bitcoincharts.com/markets/mtgoxUSD_depth.html

As for the price differences between exchanges, trading fees and liquidity are part of it, but a larger part is the fees involved with getting currency in and out of the exchange.  MtGox uses Dwolla, so you can get money in and out pretty cheaply.  Others have larger fees for transferring money in and out, so the prices on the exchange take that into account.

I doubt it, these delays would have to be on the order processing side (matching engine, etc.) which shouldn't be affected by the website itself in any significant way.

Seems there would have to be hundreds of thousands of them.  For a computer, 9 minutes is practically an eternity.

I don't even understand how it is possible for something computerized to be that slow.

This is great!  I've been using namecheap for years and was waiting to renew a few domains after hearing they were going to be accepting bitcoins soon. 

Just added $90 worth of coins a few minutes ago - seems to be working flawlessly.

I could never figure out why the slashdot crowd seems so hostile on Bitcoin.

Was good to see another Bitcoin article there though (was in there moderating up some good posts yesterday)