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Author Topic: WTF Gox Ticker?  (Read 1228 times)
bitfon
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June 28, 2011, 08:33:31 PM
 #1

The ticker has been showing an ask of 15.1001 for the last 5 minutes, but the order book shows lowest ask of 17+

WTF?


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bitfon
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June 28, 2011, 08:38:54 PM
 #2

Screenshots

http://i.imgur.com/rG1Uy.png

http://i.imgur.com/2ZMWr.png

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dazedtrader
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June 28, 2011, 08:56:27 PM
 #3

Free bitcoins! What are the chances that loads of people will exploit it, and they'll end up doing another rollback Smiley

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bitfon
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June 28, 2011, 09:07:15 PM
 #4

Believe me, I tried to get some discounted btc.

Seemed like a great opportunity to arb against Tradehill, but that doesn't work so well when the Tradehill sale executes but the Gox buy doesn't.


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bitfon
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June 28, 2011, 09:08:51 PM
 #5

Still broken now, 40 min later.

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DrYe5
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June 28, 2011, 09:13:24 PM
 #6

Whenever the US Government wants to start regulating they'll have plenty of reason.

tips: 14Z1Bwa8bgEWphjD2qqaXMTY9ucutwuTw8
moneta
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June 28, 2011, 09:19:27 PM
 #7

Still broken.

Also, all trading sites I tried show wrong bid/ask, so the API is broken too.

EDIT: probably the ticker on the trade page is based on the API too.

PGP key (http://pgp.mit.edu:11371/pks/lookup?op=get&search=0x4C31319D069EBADA)
dazedtrader
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June 28, 2011, 09:26:06 PM
 #8

Presumably this has happened because the order book has stopped reconciling, but they carried on taking orders. So the question is - when it starts working, how are they going to match up all the overlaps fairly?

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Dansker
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June 28, 2011, 09:27:10 PM
 #9

Why do people still use MtGox? Memory of a gold fish?

irb
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June 28, 2011, 11:34:37 PM
 #10


Volume, presumably.

This is the Bitcoin address you are looking for.
1HCrATLoKHqrdZG358Ro5d9gjg3EG2RfsB
bitfon
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June 29, 2011, 12:38:33 AM
 #11

How is it that bids are sometimes greater than asks on Mt. Gox?

Here's from the orderbook api 5 minutes ago.

See how the highest bid is greater than the three lowest asks?  How can this happen?

bid/ask  price  quantity
------- --------- -----------
bid    16.839  33.3125
bid    16.87   0.16
bid    16.9211 5.94033484
ask    16.91   0.32
ask    16.92045    1.9435
ask    16.92109    9.59792994
ask    16.92839    0.2

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bitfon
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June 29, 2011, 12:46:10 AM
 #12

It's not just a flakey API either.  Here's the Mt. Gox UI, offering to sell coins for more than the cost to buy them.

Unfortunately those trades never execute.

http://i.imgur.com/a4doL.png

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GimEEE
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July 02, 2011, 05:50:48 PM
 #13

Why do people still use MtGox? Memory of a gold fish?
It gives me decent numbers to quote from.
But as the quote system is buggy, I'll be damned to actually trust the trade system.

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marvinmartian
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July 02, 2011, 07:23:28 PM
 #14


Unfortunately those trades never execute.


Confirmed, my trades aren't go through either.

But, just like mining, it's not very hard to send your BTC to another exchange and fire off trades pretty much instantly. 

I just sent all my "sell for the day" coins from gox to TH and it took about 15-20 min to get there, about 2 seconds to sell them.

"... and the geeks shall inherit the earth."
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