BITSTAMP eXchange wall Observer. second biggest and best exchange

[Luzio]

What is going on on Bitstamp, what a mess, looks like their trading engine is stuck, so people think they are buying at a lower price than it actually is.

[anvilc]

Someone put in a 2500 or so BTC buy order at $210, it's been trying to resolve for 10 minutes now.

[klee]

Fuck me sideways, price 2Bitstamp higher than MtGox!!!   

[Nemo1024]

What is going on on Bitstamp, what a mess, looks like their trading engine is stuck, so people think they are buying at a lower price than it actually is.

Just got Goxed at Stamp! Didn't remove 197 sell order fast enough as the graph was not updating, so I though we were still at 184...

[Shermo]

I just checked to see what the damage was from this morning... and we are back to where we started? Although it looks like things are going a bit mental at BitStamp... nuts!

[Miz4r]

What is going on on Bitstamp, what a mess, looks like their trading engine is stuck, so people think they are buying at a lower price than it actually is.

There was one single huge market order on Bitstamp that took more than 10mins to complete and lags their whole engine up. Probably biggest slippage I've seen so far from a single buy order.

[AmazonStuff]

Someone probably clicked the wrong button

[Luzio]

That doesn't seem right, as the bids (2k to 205) are already filled in, It looks like an error.

[klee]

BTC24's corrupted trading engine comes back in my memory - maybe it's time to withdraw my shit from there!

[Luzio]

Yeah, with the Silkroad crash same stuff happened. You basically see a different price than what the actual price is, very bad. I already moved partly to Bitfinex.

[TERA]

Basically if you took any action after the market order was triggered, you were screwed.  I tried entering a sell order at 206, but no luck. 

[Miz4r]

Bitstamp's trading engine needs a serious upgrade, it can't handle big orders well.

[Nemo1024]

Basically if you took any action after the market order was triggered, you were screwed.  I tried entering a sell order at 206, but no luck. 

Interesting. I wondered if I was just not fast enough selling into it, but it seems to be the engine issue.

Still, Bitstamp for me is the easiest place to execute SEPA transfers to move fiat in.

[Luzio]

So there was a false rally because of this engine error, and traders at Gox decided to catch up to the same price level, what a mess.

[Miz4r]

Basically if you took any action after the market order was triggered, you were screwed.  I tried entering a sell order at 206, but no luck. 

Interesting. I wondered if I was just not fast enough selling into it, but it seems to be the engine issue.

Still, Bitstamp for me is the easiest place to execute SEPA transfers to move fiat in.

What about BTC-e? They allow SEPA deposits now at a 1% fee. SEPA withdrawals are kinda expensive though if you want to withdraw less than 5k.

[bitcoinmarketmaker]

Blame it on the engine.......maybe it is not the engine, but people's trading style and understanding of how things work !!! That 's what I have noticed quite often.

I applaud Bitstamp for the way how they have been dealing with hugely increased volume, their website, their fiat & btc withdrawals/deposits. Despite a huge increase in volume, for many months my international withdrawals, with no exception have been internally processed within 24 hours and in my bank accounts within 2-3 days.

[MoreFun]

So there was a false rally because of this engine error, and traders at Gox decided to catch up to the same price level, what a mess.

There was no error... just large slow market order.

[TERA]

I cannot trade on a highly volatile day when every other screen I get is a DDOS error and every other click freezes. I'm seriously thinking of moving my coins off there and onto btce until they release a new trading engine.

[Luzio]

Yeah, no complaints at all about their support, withdrawals and deposits, it is great and smooth.

[bitcoinmarketmaker]

So there was a false rally because of this engine error, and traders at Gox decided to catch up to the same price level, what a mess.

There was no error... just large slow market order.

+1