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Author Topic: MtGox btc price > 1.3 million per bitcoin  (Read 14291 times)
Gabriel Beal
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Fezzik, tear his arms off.


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July 31, 2011, 01:15:19 PM
 #1



Decimal error?

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~\/~


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July 31, 2011, 01:17:50 PM
 #2

mtgox hacked again

Quote
Mt. Gox system update troubles

Mark Karpeles
posted this on Aug-01 02:08

[Update - 9:20 am GMT]

On July 31 we tried to update to a multi-currency trading engine we’ve been working on in tandem with our new backend that was launched on June 26th. Unfortunately, when this change was implemented we ran into some unforeseen issues. Namely, when we tried to stop the trade engine while doing the update, it was somehow able to resume. As a result, some trades were executed for erroneous amounts and various users received large amounts of USD

Once the error had become apparent the trade engine was immediately disabled and all trades that were executed with artificially inflated values were cancelled. Some users were able to trade using up to 100,000 times their actual funds.

After the trade engine issue was resolved the order book contained data from both unaffected trades and erroneous trades.. We concluded that the best course of action would be to clear the the order book and reprocess all of the orders by date. This was the reason for the experienced trading anomalies.

Trading is now active and we believe that all issues with the trade system have now been rectified.

We sincerely apologize for any inconvenience this may have caused.
pandemic
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July 31, 2011, 01:18:34 PM
 #3

I'd sell for that. They could even have my miner.
Gabriel Beal
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Fezzik, tear his arms off.


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July 31, 2011, 01:19:48 PM
 #4

And me with all my bitcoins locked away at mybitcoin.com.

elggawf
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July 31, 2011, 01:19:56 PM
 #5

Yeah, I'd say they got owned again..

My MtGox balance: $1,044,646

brb dwolla.

^_^
tulkos
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July 31, 2011, 01:21:50 PM
 #6

aww so the 11mil USD in my account isn't real ?  Roll Eyes

Oldminer
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July 31, 2011, 01:26:55 PM
 #7

Data's gone to shit (all ask's have been removed) and feed was dead for 10 mins just before this huge buy up....hmmm....

Corrupted data for symbol mtgoxUSD, skipping
['\t\t\tdonations: 1Nqr3MqVyUp6k3o3QPePAdn4Yg4tzgB9kw ·']
Corrupted data for symbol mtgoxUSD, skipping
['\t\t\t© bitcoincharts.com']
Corrupted data for symbol mtgoxUSD, skipping
['\t\t</div> ']
Corrupted data for symbol mtgoxUSD, skipping
['\t\t']
Corrupted data for symbol mtgoxUSD, skipping
['\t</body> ']
Corrupted data for symbol mtgoxUSD, skipping
['</html> ']
Corrupted data for symbol mtgoxUSD, skipping
Updating mtgoxUSD 1312117334

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
RandyMarsh
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July 31, 2011, 01:28:00 PM
 #8

hahaha Gox city.

look at this:
http://mtgoxlive.com/orders

and this:
http://bitcoin.clarkmoody.com/order-book/



Another roll back on the books? maybe this is all a scheme to get our fees back down to 0.0%

Stan?! STAN?!?!
elggawf
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July 31, 2011, 01:28:18 PM
 #9

Data's gone to shit (all ask's have been removed) and feed was dead for 10 mins just before this huge buy up....hmmm....

Yeah the order book is mostly blank.

On the bright side if MtGox goes under, I think you can reprogram the Yubikeys they sent out to do other things, so if they can't recover from this I spent about 0.7BTC on a discount Yubikey.

^_^
Tronlet
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July 31, 2011, 01:28:29 PM
 #10

Lowest Ask Price is 0... Time to buy!

jackjack
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July 31, 2011, 01:30:22 PM
 #11

I just withdrew all I have there...

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.
bitbot
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July 31, 2011, 01:30:32 PM
 #12

everyone SELL!!!

Anonymous BITCOIN Exchange: https://www.TRADEHILL.COM
RogerR
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July 31, 2011, 01:34:03 PM
 #13

Buy orders in the book: [13.25151,13327782.007139], ..., [13.51431,269472.84879473], ..., [13.619,123456], ..., [13.69,2039983.4342746]

Anybody got some $100+ million left for me to spend? Or maybe you feel like helping out ease the US budget crisis? Grin
Tasty Champa
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July 31, 2011, 01:34:50 PM
 #14

DAMNIT!

they just fixed it before I could capture a full screenshot.
argh!
that was awesome.
molecular
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July 31, 2011, 01:35:31 PM
 #15



this should explain a lot. It's likely a bug and will be rolled back.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
jackjack
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July 31, 2011, 01:36:41 PM
 #16

hahaha Gox city.

look at this:
http://mtgoxlive.com/orders

and this:
http://bitcoin.clarkmoody.com/order-book/



Another roll back on the books? maybe this is all a scheme to get our fees back down to 0.0%
They CAN'T do that
They already killed the market for 2 months, it's really enough

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.
bitbot
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July 31, 2011, 01:38:17 PM
 #17

so if someone withdrew the money into dwolla and sent it to their bank they can keep it right?

Anonymous BITCOIN Exchange: https://www.TRADEHILL.COM
RandyMarsh
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July 31, 2011, 01:38:21 PM
 #18



this should explain a lot. It's likely a bug and will be rolled back.


son of a

Stan?! STAN?!?!
Tasty Champa
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July 31, 2011, 01:38:58 PM
 #19

that's strange my buy order is still in but I don't see it anywhere.

bitcoinity looks all messed up like someone just dumped in 500 million dollars.
elggawf
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July 31, 2011, 01:39:02 PM
 #20

so if someone withdrew the money into dwolla and sent it to their bank they can keep it right?

Not really... it's a grey area.

^_^
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