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JBDive
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June 26, 2011, 07:38:37 PM |
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It seems they are letting a controlled about of trades through at a time, then pausing and going over them to insure that everything is working right.
I think their prudence is a good idea. I don't think I could handle another screw up.
But that artificially changes the market prices. I can see it sounding an alarm if they see multiple 1000BTC trades coming thus causing a manual review but to halt trading for a general review does not let market conditions control the price. |
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fujiwara
Newbie
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Activity: 38
Merit: 0
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June 26, 2011, 07:39:17 PM |
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[21:36] MagicalTux I'm working on depth/etc sounds good  |
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DamienBlack
Jr. Member
Offline
Activity: 56
Merit: 1
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June 26, 2011, 07:41:04 PM |
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It seems they are letting a controlled about of trades through at a time, then pausing and going over them to insure that everything is working right.
I think their prudence is a good idea. I don't think I could handle another screw up.
But that artificially changes the market prices. I can see it sounding an alarm if they see multiple 1000BTC trades coming thus causing a manual review but to halt trading for a general review does not let market conditions control the price. Having the whole system down "artificially changes the price". They are getting things back up, I'm not going to complain that it isn't "perfect" for the first 5 or 6 hours. If you don't like it, come back tomorrow, it'll probably be running just fine by then. |
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JBDive
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June 26, 2011, 07:43:02 PM |
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There we go, dropping like expected now. I'm saying $11.50-12 is where is slows down and likely holds out till tomorrow.
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GeniuSxBoY
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June 26, 2011, 07:43:43 PM |
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tradehill value is dropping like a mug
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Be humble!
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dinzy
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June 26, 2011, 07:44:26 PM |
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what is this nonsense about a queue. Thats dysfunctional as hell, let the market handle the order by the highest bid and the lowest ask. Really I think Gox has Goxed itself.  True, but the first trades actually define the market. I am not sure they are actually queuing, or simply freezing the clock between the order book and the order matcher. |
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SlaveInDebt
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June 26, 2011, 07:44:57 PM |
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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FreeMoney
Legendary
Offline
Activity: 1246
Merit: 1014
Strength in numbers
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June 26, 2011, 07:47:41 PM |
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My orders are still "In queue" for two hours now.
unbelievable...
One of mine "in queue" actually traded. |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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dserrano5
Legendary
Offline
Activity: 1974
Merit: 1029
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June 26, 2011, 07:49:46 PM |
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Volume is steadily increasing, seems they're no longer halting the trade.
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GeniuSxBoY
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June 26, 2011, 07:49:54 PM |
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This is going to be like a great tsunami
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Be humble!
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Klestin
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June 26, 2011, 07:50:47 PM |
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what is this nonsense about a queue. Thats dysfunctional as hell, let the market handle the order by the highest bid and the lowest ask. Yes, and when there's more than one sell or buy order for the same price, which executes first? The first one to be placed. Hence the need for some sort of queue. "Queue" may also describe how a placed order is put in play. Really I think Gox has Goxed itself. This one is harder to argue against. |
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Grant
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June 26, 2011, 07:51:29 PM |
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This is going to be like a great tsunami
Chance for everyone to become an "early adopter" (if it falls enough)  |
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Bastet
Newbie
Offline
Activity: 25
Merit: 0
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June 26, 2011, 07:52:38 PM |
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I think all of your executed trades will be rolled back. Trading is not officially open and it's obvious they are beta testing their new code. Damn shame they are doing it on their production servers.
I just wish they'd POST A FIGGIN' UPDATE as to when things WILL OFFICIALLY OPEN so I don't miss the boat and I'm not here all friggen day pressing F-f*cking-5!!!!
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YoYa
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June 26, 2011, 07:53:35 PM |
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bitcoiners
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June 26, 2011, 07:53:50 PM |
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I think all of your executed trades will be rolled back. Trading is not officially open and it's obvious they are beta testing their new code. Damn shame they are doing it on their production servers.
I just wish they'd POST A FIGGIN' UPDATE as to when things WILL OFFICIALLY OPEN so I don't miss the boat and I'm not here all friggen day pressing F-f*cking-5!!!!
Um, you are missing the boat right now. |
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AtomicTrader
Newbie
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Activity: 34
Merit: 0
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June 26, 2011, 07:58:03 PM |
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Everytime I place a sell order below highest bid it doesn't complete, only to refresh and find that the highest bid is even lower. WTF!?! MtGox is screwing us with the order book, depth and trades data.
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GeniuSxBoY
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June 26, 2011, 07:59:07 PM |
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about to break $14
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Be humble!
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bitcoiners
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June 26, 2011, 08:01:04 PM |
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about to break $14
I'm guessing it'll drop to around 10.50 to rise back up to 12 by this evening. |
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