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Author Topic: Mtgox hit $2.99  (Read 8298 times)
dank
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July 02, 2011, 03:20:29 AM
 #1

Just dipped to 2.990 on a .94 order.

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1481249860
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stic.man
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July 02, 2011, 03:21:17 AM
 #2

yeah I about had a heart attack haha  Shocked
3txx
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July 02, 2011, 03:21:33 AM
 #3

no chance to buy at this price...

BookofNick
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July 02, 2011, 03:22:52 AM
 #4

None of my orders below $15.50 were filled Sad

WTF?

Jack of Diamonds
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July 02, 2011, 03:23:51 AM
 #5

None of my orders below $15.50 were filled Sad

WTF?

Just because a random person decides to sell 0.94 BTC at 3 bucks doesn't mean that's the market price

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bastisc
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July 02, 2011, 03:26:52 AM
 #6

I was trying to look at the market depth on their site minutes/seconds before it happened. The bid side seemed to be screwed.
carbonc
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July 02, 2011, 03:29:21 AM
 #7

they probably misplaced the decimal point before hitting the sell button.. lol.
proudhon
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July 02, 2011, 03:29:59 AM
 #8

Oops, sorry guys.  I accidentally checked "Skip orders and to go $2.99" for my last buy.
Hook^
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July 02, 2011, 03:31:04 AM
 #9

None of my orders below $15.50 were filled Sad

WTF?

Just because a random person decides to sell 0.94 BTC at 3 bucks doesn't mean that's the market price
So how does the system decide who the lucky buyer is?  Shouldn't it be the person with the highest offer?  Does the system split the difference between a buyer that is offering higher than the bidder?
Alex Thornton
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July 02, 2011, 03:32:04 AM
 #10

I hope they clean up the data. numbers like that really make analyzing the charts annoying.
TraderTimm
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July 02, 2011, 03:33:42 AM
 #11

Yes, for those who wonder - a proper order book fills at the best bid/offer. "Stub" bids and offers way off the market price don't get priority if there is something resting higher or lower. I sincerely doubt there was nothing between 15.50 and 3.00. Has to be some kind of problem we don't know the details about yet.

We don't need this, honestly.

fortitudinem multis - catenum regit omnia
Hook^
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July 02, 2011, 03:34:57 AM
 #12

Watch the price now!

 Cheesy Cheesy Cheesy
tomcollins
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July 02, 2011, 03:34:57 AM
 #13

Yes, for those who wonder - a proper order book fills at the best bid/offer. "Stub" bids and offers way off the market price don't get priority if there is something resting higher or lower. I sincerely doubt there was nothing between 15.50 and 3.00. Has to be some kind of problem we don't know the details about yet.

We don't need this, honestly.


No way, after the hack Mt. Gox is 100% secure and no bugs.
Bitcoin Swami
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July 02, 2011, 03:38:00 AM
 #14

Not a bad high and low for the day.
carbonc
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July 02, 2011, 03:38:54 AM
 #15

they just did it again.  another $3 order just got filled....?
clonedone
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July 02, 2011, 03:39:50 AM
 #16

wow is this a new way for trollers to troll now? throw down a btc for a penny and make ppl panic?

Hook^
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July 02, 2011, 03:40:36 AM
 #17

So I tried to sell .1 BTC at a rate of $1/btc ($0.10 total).  The system forced me to sell at the lowest offer, not what I specified.

That means something other than a customer mistake was made in the system.

I was really hoping to screw with some people too....
 Roll Eyes

EDIT: No, I wasn't the person that did the $2.99 trade.  You can't do that from what I explained above anyway.  Give it a try if you want.  You will see the same thing.
TraderTimm
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July 02, 2011, 03:40:43 AM
 #18

That's some bullshit right there. I'm scrubbing all my data and using TradeHill numbers from the 19th on forward.

Regrettably, I have to agree. Seems the order book isn't being processed in a sane manner.

fortitudinem multis - catenum regit omnia
MrAnderson
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July 02, 2011, 03:41:12 AM
 #19

they just did it again.  another $3 order just got filled....?
WTF is going on?!

F**king sick of this.

I once filled in a $16.2 order and it wasn't filled AT ALL when the price was $16.6 and now some idiot gets a $3 order filled. WTF!  Angry

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geek-trader
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July 02, 2011, 03:41:43 AM
 #20

My standing order for 6 BTC at $15.1 was not filled.

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