Bitcoin Forum
December 07, 2016, 08:56:47 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What is happening with Mt Gox? Last Price is fixed at 20.15  (Read 1181 times)
aeroSpike
Jr. Member
*
Offline Offline

Activity: 42


View Profile
June 12, 2011, 07:03:30 PM
 #1

What is happening with Mt Gox? Last Price has been fixed at 20.15 for the last 3 hours while the volume information is changing.
Anybody has a clue why?
1481101007
Hero Member
*
Offline Offline

Posts: 1481101007

View Profile Personal Message (Offline)

Ignore
1481101007
Reply with quote  #2

1481101007
Report to moderator
1481101007
Hero Member
*
Offline Offline

Posts: 1481101007

View Profile Personal Message (Offline)

Ignore
1481101007
Reply with quote  #2

1481101007
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481101007
Hero Member
*
Offline Offline

Posts: 1481101007

View Profile Personal Message (Offline)

Ignore
1481101007
Reply with quote  #2

1481101007
Report to moderator
pindis
Full Member
***
Offline Offline

Activity: 150



View Profile
June 12, 2011, 07:03:59 PM
 #2

they shut down for today

Donations:
LTC: LL6DznTetC6Xi6YZtLsYQ9QPoxFfoRcNx2 BTC: 1HNUCrSPQ3b8fTnZiZgFTDisnbNuSxwdRc XPM: AQS7ttCZXFU4HUTFo8BmB4wrAfb8NxSuJF
muyoso
Member
**
Offline Offline

Activity: 84



View Profile
June 12, 2011, 07:05:13 PM
 #3

Oh boy, thats not going to be good for the market tomorrow most likely.

I drink it up!
zdmas
Newbie
*
Offline Offline

Activity: 28


View Profile
June 12, 2011, 07:07:32 PM
 #4

They shut down? Do you have a link?
aeroSpike
Jr. Member
*
Offline Offline

Activity: 42


View Profile
June 12, 2011, 07:10:11 PM
 #5

The server is responding and the history data is being updated, but all at the same price.
zdmas
Newbie
*
Offline Offline

Activity: 28


View Profile
June 12, 2011, 07:20:47 PM
 #6

The prices are stagnant but the volume is slowly trickling up... This has been the highest volume day ever for Mt. Gox, I'm sure everything will be back to normal soon, hopefully before Monday when the serious trading starts again.
bustaballs
Member
**
Offline Offline

Activity: 115


View Profile
June 12, 2011, 08:27:59 PM
 #7

The price jump to $30, fell to $10, and went back up to $20 in only a few days. I'm sure the influx of new users is causing a lot of extra traffic and serious speculation.

smackdaddy
Jr. Member
*
Offline Offline

Activity: 45


View Profile
June 12, 2011, 08:35:24 PM
 #8

Market is being manipulated IMO.

swusc2
Sr. Member
****
Offline Offline

Activity: 306


Do your part for Bitcoin!


View Profile
June 12, 2011, 08:36:25 PM
 #9

There API probably broke. You can still see the lasted "Lowest Ask Price" and "Lowest Bid Price" while logged into MtGox.

Impress your friends! Buy a bitcoin keychain!
http://forum.bitcoin.org/index.php?topic=30799.0
Endgegner
Newbie
*
Offline Offline

Activity: 3


View Profile
June 12, 2011, 08:45:54 PM
 #10

mtgox seems to be back again
NuMessiah
Newbie
*
Offline Offline

Activity: 2


View Profile
June 12, 2011, 08:58:24 PM
 #11

According to https://mtgox.com/code/data/ticker.php:

{"ticker":{"high":24.99,"low":10.25,"vol":161660,"buy":20.94,"sell":21,"last":20.94}}

Last trade was at 20.94$. But the cumulative volume for today was 161660 BTC which is impressive!

Also last trade from http://mtgox.com/code/data/getTrades.php was:

{"date":1307912004,"price":20.67,"amount":18.077,"tid":"168730"}

php -r 'date_default_timezone_set("UTC");echo date("Y-m-d H:i:s", 1307912004)."\n";'
2011-06-12 20:53:24

So, 2011-06-12 20:53:24 UTC, 18.077 traded for 20.67$

API is your friend because most of the charts/market watchers are late due to really high number of trades and volume today.
NuMessiah
Newbie
*
Offline Offline

Activity: 2


View Profile
June 12, 2011, 09:05:56 PM
 #12

Sorry, but the volume which I reported in previous post is not the volume in BTC but the number of total transactions.

But! Bitcoin charts just synced the data from mtgox and according to their stats today's volume is already 202,455.548 BTC or 3,356,833.05 USD which is even more impressive than what I reported earlier.

Is BTC trading (economy?) really kicking off now. We have really high trading volumes, plus volatile market as can be seen on "other" forex exchanges sometimes.
Crazy
Full Member
***
Offline Offline

Activity: 168


View Profile
June 12, 2011, 10:20:16 PM
 #13

If the market could be so easily manipulated, what's stopping say... the US Govt, or any other institution or organization that feels threatened by Bitcoin to undercut it's credibility with a relatively small campaign of market manipulation?
Macho
Full Member
***
Offline Offline

Activity: 125



View Profile
June 12, 2011, 10:29:19 PM
 #14

If the market could be so easily manipulated, what's stopping say... the US Govt, or any other institution or organization that feels threatened by Bitcoin to undercut it's credibility with a relatively small campaign of market manipulation?
Well, this could be done ... but I think they would ultimaelly ended up loosing a shitload of money - pumping it into Bitcoin economy and the market would eventually overcome it. But they could wreak havoc short term in similar way the big guys are doing right now Smiley
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!