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December 06, 2013, 08:20:19 PM
 #1
What is happening now ? Is it a market manipulation ?
From this graph, you can see something is fishy, no ?
lucazane
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December 06, 2013, 08:23:37 PM
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maybe all bot are using the same algo Smiley
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December 06, 2013, 08:24:40 PM
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Maybe some rich person is having a laugh?
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December 06, 2013, 08:28:58 PM
 #4
mt gox needs an exorcist

http://techcrunch.com/2013/12/06/bitcoin-value-loses-its-mind-as-trading-lags-on-the-mt-gox-exchange/
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December 06, 2013, 08:29:39 PM
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I really think that a big whale is have a good laugh right now !   Huh
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December 06, 2013, 08:30:05 PM
 #6
look bitcoinity, someone is trying to draw something on the mtgoxusd graph
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December 06, 2013, 08:30:46 PM
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Usually that chart would indicate that some rich guy is trying to sell off his stash a little at a time so he doesn't completely crash the market. After each dip, the demand is so high that it pushes the price back up to where it was before.

However in this case Gox's engine is just screwed up and I would avoid trading on there at all.
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December 06, 2013, 08:31:45 PM
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https://bitcointalk.org/index.php?topic=360140.0
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December 06, 2013, 08:33:04 PM
 #9
Quote from: lucazane on December 06, 2013, 08:30:05 PM
look bitcoinity, someone is trying to draw something on the mtgoxusd graph
Agreed some big whale is having a fun time on his ipad at a beach for holidays.
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December 06, 2013, 08:35:08 PM
 #10
Quote from: GigaCoin on December 06, 2013, 08:31:45 PM
https://bitcointalk.org/index.php?topic=360140.0

Interesting, that seems to be the answer...
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December 06, 2013, 09:59:47 PM
 #11
It's probably an issue with the gox trade data API. This can't actually be legit, can it?

Why does anyone use gox anymore?
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