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Author Topic: Huge selloff + Ordering not possible on MtGox  (Read 11748 times)
kokojie
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June 19, 2011, 06:05:40 PM
 #41

I can still place buy orders:

Buying   240   0.1   Active   24   06/19 14:02   cancel

If my post has been helpful, send me some love -> BTC: 1kokojUapmWqCqPw3Ch2rjcVh57tJEzka | PPC: PDyXAgA8eH47gokVW6zVZPSuu15aao5nZF | Bitshares: kokojie
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fascistmuffin
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June 19, 2011, 06:06:40 PM
 #42

I think someone hacked mtgox,  selling all BTC from everyone's accounts

Would that account for the giant volume increase?

Regardless, I've pulled my coins back into my wallet from mtgox.
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June 19, 2011, 06:07:17 PM
 #43

the market is screaming for a better exchange, this is crazy
Bit_Happy
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A Great Time to Start Something!


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June 19, 2011, 06:07:50 PM
 #44

I can still place buy orders:

Buying   240   0.1   Active   24   06/19 14:02   cancel

I got one single very small order through, should have been for more.  
Basically still FUBAR...

15DYJpWJe9H1YofsNQbP9JEWWNn7XPZgbS
Steve
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June 19, 2011, 06:09:26 PM
 #45

This selloff is due to Mt Gox's terrible setup.  I would have bought 800 coins over the last few minutes if I could have gotten an order in.

I would've bought much more than that...don't get sucked into this crap...the bitcoin market is still relatively lightly traded and someone looking to snap up tons of bitcoins and easily manipulate the market down.  And I think that's precisely what's going on.

(gasteve on IRC) Does your website accept cash? https://bitpay.com
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June 19, 2011, 06:10:25 PM
 #46

I think someone hacked mtgox,  selling all BTC from everyone's accounts
Yep, I think it's good time to sell after all

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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June 19, 2011, 06:11:16 PM
 #47

MagicalTux you had better say something asap.
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June 19, 2011, 06:11:45 PM
 #48

i had an open buy at $1 and it got filled.  made about $200k assuming bitcoins stay where they are around $10, crazy shit.  Should I transfer my coins to an external wallet?
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June 19, 2011, 06:12:22 PM
 #49

im guessing tradehill will be getting alot more action from now on
Edward50
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June 19, 2011, 06:14:57 PM
 #50

i had an open buy at $1 and it got filled.  made about $200k assuming bitcoins stay where they are around $10, crazy shit.  Should I transfer my coins to an external wallet?

Holy jesus, so people did make out. Can you verify that these are legit bitcoins that you can move out to an external wallet?


Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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June 19, 2011, 06:16:40 PM
 #51

i had an open buy at $1 and it got filled.  made about $200k assuming bitcoins stay where they are around $10, crazy shit.  Should I transfer my coins to an external wallet?

Holy jesus, so people did make out. Can you verify that these are legit bitcoins that you can move out to an external wallet?



moving them now...

edit: no wait, mt gox is limiting my daily withdrawal
piuk
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June 19, 2011, 06:16:51 PM
 #52

Who has the sense to pay $10+ for something that people bought for less than $1 minutes ago?

jackjack
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June 19, 2011, 06:18:12 PM
 #53

I think someone hacked mtgox,  selling all BTC from everyone's accounts
Yep, I think it's good time to sell after all

No, actually it's a good time to hold. But sell if you want, I'll add your underpriced coins to my collection Wink
I prefer $13 sure now, I bought them at $13.5 anyway

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
hugolp
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June 19, 2011, 06:18:51 PM
 #54

Beware the trolls.
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June 19, 2011, 06:19:20 PM
 #55

===== PLEASE READ THIS!! =====


I WOULD NOT PUT ANY TRADES ON UNTIL WE HEAR FROM MARK!!! CLEARLY Mtgox has been hacked. What is happening is NOT somebody "dumping" their bitcoins to "cash out". Somebody managed to break into it, and it is playing with the database. We need to wait until Mark (Mtux) has a chance to check this mess.

If you put more orders, it will only mean overloading the system more and more, and more work afterwards to try and weed out good trades from bad trades.

ALSO, PLEASE DO NOT CASH OUT ANY MTGOX USD TO ANYBODY (LIKE BUYING MTGOX USD FOR A MONEY PACK) UNTIL WE HEAR FROM MARK!!

This is an ILLUSION created by a bunch of bots to create panic. DO NOT CONTRIBUTE TO IT!
Dude65535
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June 19, 2011, 06:20:02 PM
 #56

I have a feeling there may be after shocks from that sale over the course of today.

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June 19, 2011, 06:22:49 PM
 #57

Is anyone who was lucky enough to login to MtGox and buy a lot of bitcons at this absurd price also generous enough to donate any to those of us who weren't? Smiley

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Steve
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June 19, 2011, 06:23:22 PM
 #58

Can anyone confirm that they had bitcoins in their mtgox account that were sold without them placing the sell order???

I personally never, ever leave any bitcoins on deposit at mtgox (nothing against mtgox, but just prudent IMO).

(gasteve on IRC) Does your website accept cash? https://bitpay.com
finnthecelt
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June 19, 2011, 06:24:05 PM
 #59

i had an open buy at $1 and it got filled.  made about $200k assuming bitcoins stay where they are around $10, crazy shit.  Should I transfer my coins to an external wallet?

Holy jesus, so people did make out. Can you verify that these are legit bitcoins that you can move out to an external wallet?



moving them now...

edit: no wait, mt gox is limiting my daily withdrawal


I call bullshit.

edit: I can't even access the site but you're just cruisin' through getting stuff done..........hmmmmmm.
chiliftw
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June 19, 2011, 06:24:33 PM
 #60

Who has the sense to pay $10+ for something that people bought for less than $1 minutes ago?

Because it is the game* on a way to a more stable market - there are winner, there are loser. Lucky for all that had a nicely low bid at the right time. Unfortunately, I had not, but nevertheless great fun watching the market at http://bitcoinity.org/markets Cheesy


*You just lost Tongue
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