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Question: What is your opinion on this feature?
Positive - 1 (6.3%)
Neutral - 1 (6.3%)
Negative - 14 (87.5%)
Total Voters: 16

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Author Topic: [poll] MtGox rollback/goxloop opinions  (Read 592 times)
pera
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December 06, 2013, 10:23:16 PM
 #1

Since April's crash MtGox is looping big sells orders, preventing any possible flash crash.

I believe if you're being bull this feature leaves you calm since it's kind of a life-jacket for panic sells... but anyways I would like to know your opinion, I don't really care about your position or how fair is this.

And of course, some people can analyze this behavior to predict short-term market bounces on MtGox making things more interesting Wink

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sgbett
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December 06, 2013, 10:26:49 PM
 #2

I suspect its a bug and not a feature.

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pera
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December 06, 2013, 10:29:50 PM
 #3

I suspect its a bug and not a feature.

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<@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

source: http://www.malwaretech.com/2013/11/mtgox-nearly-breaks-bitcoinagain.html

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sgbett
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December 06, 2013, 10:33:31 PM
 #4

Ya, I read that, I suspect it was supposed to rollback to $trade+1 and not $trade.

That way it wouldn't keep executing $trade and getting stuck in a loop.

As to whether they should be deciding what orders to allow through, not a chance imho. Let it sell, let it lag. Especially thesedays when there are at least 2 other exchanges where people can not panic sell on.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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