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Author Topic: What did I just see happen on MtGox?  (Read 1345 times)
Casino Gambling Guy (OP)
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November 20, 2013, 06:17:52 AM
Last edit: November 20, 2013, 06:39:55 AM by Casino Gambling Guy
 #1

It seemed like a lot of bitcoin were bought in one big gulp but I can't find a definitive answer.

My guess is about a billion dollars were just spent in a little over 30 minutes. Please correct me or let me know what happened.

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BTC: 1Mfq5PUZpBVd7nhQ6aMa5SeKxeDKKDyr6B    eToken: eLJTb8KefyPhHNLpFDtQVhbs2hN2kGvBTD
Casino Gambling Guy (OP)
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November 20, 2013, 06:42:36 AM
 #2

Was anyone else watching BitcoinWisdom while this was happening?

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antoineph
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November 20, 2013, 07:03:21 AM
 #3

1 billion dollars, nope. from the charts about $4 million changed hands in the time you're talking about.
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November 20, 2013, 07:09:05 AM
 #4

I think you are talking about this:

Quote
MagicalTux: very large sell order matching too many buy orders, causing the security system to stop the trade and rollback anything that was caused by it

I believe 7k btc really got sold so indeed $4M. But I am too lazy to look it up again :p

Casino Gambling Guy (OP)
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November 20, 2013, 07:32:18 AM
 #5

1 billion dollars, nope. from the charts about $4 million changed hands in the time you're talking about.

I see, so it was just a MtGox glitch, I feel better now thanks, I thought the central banks were taking control of bitcoin  Grin

I actually recorded BWisdom and wow it looked so real.

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BTC: 1Mfq5PUZpBVd7nhQ6aMa5SeKxeDKKDyr6B    eToken: eLJTb8KefyPhHNLpFDtQVhbs2hN2kGvBTD
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