Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ineededausername]

Why the hell wasn't there any lag on the way down?

[jl2012]

> 1m lag now

[crazy_rabbit]

must...catch...falling...knife....

[oakpacific]

Why the hell wasn't there any lag on the way down?

Shills:" I don't know, but Gox must be manipulating to keep the price up!"

[crazy_rabbit]

Lag, fucking lag, when will some FOREX company enter making a really professional exchange and not this monkey circus that is mtgox?

What, you thought they fixed that? Welcome to bitcoin!

[Missionary]

I refuse to use an exchange with more than a few seconds of lag.

Why is it that the Bears always try to make it so that "the lag is causing prices to go up"? Is it not obvious to everyone that lag causes the prices to go down? Lag creates fear, fear causes selling etc.

[el_rlee]

{"result":"success","return":{"lag":62025149,"lag_secs":62.025149,"lag_text":"1 minute","length":"241"}}

I guess that means they need one minute to execute 241 trades?
Is that done manually?

[jatajuta]

What intrigues me is that yesterday we have triple more volume and no lag.

[DougTanner]

{"result":"success","return":{"lag":62025149,"lag_secs":62.025149,"lag_text":"1 minute","length":"241"}}

I guess that means they need one minute to execute 241 trades?
Is that done manually?

There was a post of Reddit that showed they could handle about 40 trades per second.

[crazy_rabbit]

What intrigues me is that yesterday we have triple more volume and no lag.

uh, check lag much? We are over 1 minute.

[fitty]

What intrigues me is that yesterday we have triple more volume and no lag.

uh, check lag much? We are over 1 minute.

[NamelessOne]

What intrigues me is that yesterday we have triple more volume and no lag.

uh, check lag much? We are over 1 minute.

He said yesterday. It has been days with a TON of trading, super volume, but no lag. Now we have a little jump into the 90s and lag starts.

[oakpacific]

What intrigues me is that yesterday we have triple more volume and no lag.

That maybe because what Gox said is truth: people are buying right now yet they didn't cancel their orders at lower prices, so the number of checks Gox needs to execute goes up multi-fold. In a panic sell like yesterday people would not have expected to have their orders at higher prices filled so they simply cancel them(besides those that are backed up with funds).

[crazy_rabbit]

What intrigues me is that yesterday we have triple more volume and no lag.

uh, check lag much? We are over 1 minute.

hahaha. Got me. ;-)

[NamelessOne]

Lag back to zero. I find nothing under 2 minutes seems to cause much 'lag selling'

[crazy_rabbit]

What intrigues me is that yesterday we have triple more volume and no lag.

uh, check lag much? We are over 1 minute.

He said yesterday. It has been days with a TON of trading, super volume, but no lag. Now we have a little jump into the 90s and lag starts.

maybe people have been too depressed to trade.

[seleme]

What intrigues me is that yesterday we have triple more volume and no lag.

uh, check lag much? We are over 1 minute.

He said yesterday. It has been days with a TON of trading, super volume, but no lag. Now we have a little jump into the 90s and lag starts.

looks like lag has some price triggers, lol

[DougTanner]

Little upwards swing. Very bullish today!



Bid wall up at $90, looks like it's stabilized (for now).



Yep, confidence is restored, rally continues.



So when I said we could hit $100 today, I meant in the next 12 hours, not in the next 30 minutes  



Ok, not quite ready to hit $100. Back down we go.

[el_rlee]

To infinity and beyond!

[foo]

Americans are waking up and going "oh shit, better jump on the train before it leaves the station".