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Bitcoin Forum > Economy > Economics > Speculation > Massive spike to $7 (then $15.9499) sunday 3PM BST at MtGox
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BCEmporium
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September 11, 2011, 02:42:13 PM
 #21
Holy!!!! High:15.9499  Shocked
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Cluster2k
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September 11, 2011, 02:42:34 PM
 #22
Quote from: johnj on September 11, 2011, 02:39:10 PM
It jumped to 9 when I wasn't looking



This is the reason to have silly Asks way above the market price.  Someone gets access to a mass of bitcoins and it's the only way to profit.  The only other winner out of all of this is MtGox.  Love those transaction fees.
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September 11, 2011, 02:44:02 PM
 #23
Somethings wrong here? It did not spike to 16?
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randomguy7
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September 11, 2011, 02:44:22 PM
 #24
Must be invalid data, there were no trades up to almost 16 bucks.
johnj
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September 11, 2011, 02:44:46 PM
 #25
Quote from: RandyMarsh on September 11, 2011, 02:44:02 PM
Somethings wrong here? It did not spike to 16?

It's bitcoin!  The numbers are madeup!
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Cluster2k
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September 11, 2011, 02:44:55 PM
 #26
Quote from: johnj on September 11, 2011, 02:41:31 PM
Holy shit, don't blink



MtGox bug?  That's just silly.  I wonder if these trades will be wound back.  Whoever is doing this has picked a good time.  Late Sunday night in Japan.
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September 11, 2011, 02:46:49 PM
 #27
Quote from: johnj on September 11, 2011, 02:44:46 PM
Quote from: RandyMarsh on September 11, 2011, 02:44:02 PM
Somethings wrong here? It did not spike to 16?

It's bitcoin!  The numbers are madeup!

I guess we're just being goxed again...

also i dont think theres anything to wind back, that high at both 9 and 15 seem like invalid data, theres no volume to show that trades were executed at these prices
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johnj
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September 11, 2011, 02:47:02 PM
 #28
That's it.  I'm cancelling netflix.

Mtgoxlive is free.
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September 11, 2011, 02:47:37 PM
 #29
Quote from: BCEmporium on September 11, 2011, 02:42:13 PM
Holy!!!! High:15.9499  Shocked
I thought you were joking but just checked and you're right.  Either someone has a huge amount of money and confidence or something's wrong at MTgox.  
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September 11, 2011, 02:48:25 PM
 #30
Volume doesn't agree with that spike, I think those $15.95 trades didn't happen.
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September 11, 2011, 02:48:54 PM
 #31
MTgox is just playing with himself... to put an end at the <$5 ...
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September 11, 2011, 02:50:26 PM
 #32
Quote from: server on September 11, 2011, 02:48:54 PM
MTgox is just playing with himself... to put an end at the <$5 ...

MtGox is a market setter for various other exchanges and services.  If I was running one of those I'd be pulling the plug right now to avoid getting played on arbitrage.
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September 11, 2011, 02:52:19 PM
 #33
What was that? High:15.9499

Did anyone's order got filled at 15.9 or even 12-13?
Did I make mistake by not having orders in that price range Huh
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September 11, 2011, 02:53:41 PM
 #34
Sending my last 2 bits to mtgox now on the hopes that 1. this real glitch and 2. trades won't be wound back.

A little voice tells me a few thousand other people are doing the same thing.
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September 11, 2011, 02:54:03 PM
 #35
Quote from: bitcoinTrader on September 11, 2011, 02:52:19 PM
What was that? High:15.9499

Did anyone's order got filled at 15.9 or even 12-13?
Did I make mistake by not having orders in that price range Huh


Bitcoin Monitor is reporting a 46.28BTC trade for $15.94.

Messed up.
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September 11, 2011, 02:54:48 PM
 #36
Quote from: grod on September 11, 2011, 02:53:41 PM
Sending my last 2 bits to mtgox now on the hopes that 1. this real glitch and 2. trades won't be wound back.

A little voice tells me a few thousand other people are doing the same thing.

Lol.  I've been trying to get my BTC into MtGox for an hour.  One confirmation so far.  Come on!  Wink
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September 11, 2011, 02:56:38 PM
 #37
Don't get it also, there're no asks on that range and the market gets restocked really fast! 1 second after there're already <7 asks? Are the bots mad or what went on?!
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RyNinDaCleM
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September 11, 2011, 02:58:11 PM
 #38
They'll never be there in time!
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September 11, 2011, 02:58:50 PM
 #39
Did anyone notice at one point the LOW on mt.gox was 1.99.

I am surprised nobody mentioned that one.

It must be faulty data because now it shows the low of 4.6001
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September 11, 2011, 02:59:31 PM
 #40
4.60001 is correct
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