What a coincidence, value plummets and MT. Gox magically lags.

[Shinobi]

Come on folks, you are being played by Mr. Karpeles. For the BTC community to not have moved past such an obvious front-running operation is truly a product of a gathering of magic.

[bitcon]

i use virwox.com.  always been solid for me. 

[NamelessOne]

A couple seconds of lag really isn't that bad. The only time the lag ever started to become damaging was over 2-3 minutes. During the crash from $266 it got to 20 min and then 1 hour. Highly destructive. A couple seconds is nothing. 

[ChanceCoats123]

A couple seconds of lag really isn't that bad. The only time the lag ever started to become damaging was over 2-3 minutes. During the crash from $266 it got to 20 min and then 1 hour. Highly destructive. A couple seconds is nothing. 

It was multiple minutes yesterday. I don't know what you consider a couple seconds, but three minutes is 180 seconds...

[Quantum_Negatum]

If anything, the bots and Mt. Gox are desperately trying to keep the price up, not down.  Gox gains more by the price rising and the bots need to repeatedly pump it up to maximize profits after dumps.

Go to the Moody ticker and group by $1.00.  See the massive amount of orders for $70 and below?  All the money we've heard about coming into Gox is waiting for a more reasonable price.

Let it fall.

[Cablez]

I would like to know how I could put an order in for 105 and mtgox magically makes me buy at 103???  What the hell was that?  The candle in question never touched 105.........ever.

[Quantum_Negatum]

There is a wide gap between the ask and bid prices, probably due to bot manipulation.  This along with a lack of upward resistance allows the bots to drive up the price quickly and further for fewer bitcoins, and creates the illusion of a rebound/recovery.  

Let it fall.

[lewicki]

Come on folks, you are being played by Mr. Karpeles. For the BTC community to not have moved past such an obvious front-running operation is truly a product of a gathering of magic.

That's because MtGox can only handle 36 transactions per second:
http://www.reddit.com/r/Bitcoin/comments/1cc72b/the_maximum_number_of_trades_mt_gox_can_handle/

as more an more orders come in the lag builds up.

[Shinobi]

I think its because its intentionally built to mitigate flash sell-offs, so MtGox can front-run and unload their coins at the front of the line. Front-running is a *guaranteed* occurrence here, and MtGox doesn't even forbid their employees from holding BTC.

Come on folks, you are being played by Mr. Karpeles. For the BTC community to not have moved past such an obvious front-running operation is truly a product of a gathering of magic.

That's because MtGox can only handle 36 transactions per second:
http://www.reddit.com/r/Bitcoin/comments/1cc72b/the_maximum_number_of_trades_mt_gox_can_handle/

as more an more orders come in the lag builds up.

[NamelessOne]

A couple seconds of lag really isn't that bad. The only time the lag ever started to become damaging was over 2-3 minutes. During the crash from $266 it got to 20 min and then 1 hour. Highly destructive. A couple seconds is nothing. 

It was multiple minutes yesterday. I don't know what you consider a couple seconds, but three minutes is 180 seconds...

No way... really? You mean 10 seconds (the lag time was when this was posted) ISN'T 180 seconds? I'm dumbfounded.

[johnblaze]

it really is getting suspicious

assume this:

large market sell order comes in to dump 1000 coins on the market. gox institutes immediate "lag", sells their internal stash FIRST, then processes the 1000 order dump

btw, where do we even get this "gox lag" number from? it surely cannot just be ping response time to mtgox.com ?

[UltimateReaper]

Maybe its the opposite you know? The value plummets and Mt. Gox lags?

Either way, I hope this storm isn't too destructive.

[smoothie]

Solution to OP:

Put in buy orders ahead of time.

Problem solved. It worked for me.