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Author Topic: Massive spike to $7 (then $15.9499) sunday 3PM BST at MtGox  (Read 9325 times)
Cluster2k
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September 11, 2011, 02:59:56 PM
 #41

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

I didn't see it.  I have buys at $2.90 that didn't get filled.  If MtGox really did show a low of $1.99 I'd be pissed.
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September 11, 2011, 03:00:17 PM
 #42

I had a sell order at around 7 when the spike to 15 showed up. Didn't get filled. Bug.

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September 11, 2011, 03:00:28 PM
 #43

This must be the cosby coins hack, they probably got lots of mt.gox passwords and are using people's cash to buy bitcoins. I moved my money out of mt. gox last night because I was worried about this.

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September 11, 2011, 03:00:44 PM
 #44

I had a sell order at around 7 when the spike to 15 showed up. Didn't get filled. Bug.

Thank you!

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September 11, 2011, 03:02:24 PM
 #45

This spike to 6 usd is not good. Same thing happened a few days ago. from 6.4 to 7.8 or so... Then crashed bigtime!

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September 11, 2011, 03:02:41 PM
 #46

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

I didn't see it.  I have buys at $2.90 that didn't get filled.  If MtGox really did show a low of $1.99 I'd be pissed.

it did show 1.99 on my screen , I couldn't believe it also. Must be Mt. Gox hack then since nobody orders got filled.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
bitcoinTrader
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September 11, 2011, 03:04:46 PM
 #47

Even my below order wasnt filled:

Buying 5 4.51235 USD Active 22.56 USD 09/11 06:28

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September 11, 2011, 03:06:14 PM
 #48

I had a few sells set up at $10.2 that never got touched.

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September 11, 2011, 03:07:01 PM
 #49


it did show 1.99 on my screen , I couldn't believe it also. Must be Mt. Gox hack then since nobody orders got filled.


It could be a display bug. It wouldn't be the first time.

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September 11, 2011, 03:07:09 PM
 #50

WTF? now its showing multiple spikes over 8, the price hasnt gone above 6 in the past few mins, mtgox needs to go down for maintenance now!

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September 11, 2011, 03:08:07 PM
 #51

Another bad news for bubble named "BTC".
Cluster2k
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September 11, 2011, 03:08:44 PM
 #52

I had a few sells set up at $10.2 that never got touched.

It's hard to trust MtGox if they let trades happen at $15 and not process $10 trades.  It completely distorts the market and is like a lottery win for the lucky guy at $15 and not a market.  If MtGox wants itself to be taken seriously it must address issues like this.
froggy (OP)
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September 11, 2011, 03:10:52 PM
 #53

Not really bad news for BTC, just bad for MTgox. 
rebuilder
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September 11, 2011, 03:11:32 PM
 #54

It's hard to trust MtGox if they let trades happen at $15 and not process $10 trades.  It completely distorts the market and is like a lottery win for the lucky guy at $15 and not a market.  If MtGox wants itself to be taken seriously it must address issues like this.

There was probably no trade at 15.

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September 11, 2011, 03:12:00 PM
 #55

hmmmm...smells like there is priority sellers club  on Mtgox...
bitcoinTrader
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September 11, 2011, 03:12:05 PM
 #56

It's hard to trust MtGox if they let trades happen at $15 and not process $10 trades.  It completely distorts the market and is like a lottery win for the lucky guy at $15 and not a market.  If MtGox wants itself to be taken seriously it must address issues like this.

There was probably no trade at 15.

Yeah... just a display bug I guess

Cluster2k
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September 11, 2011, 03:12:35 PM
 #57

Not really bad news for BTC, just bad for MTgox. 

The biggest and most important exchange by far has serious instability issues.  It's not directly a BTC bad news story, but that's not the way it'll be read by most lay people.
Cluster2k
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September 11, 2011, 03:13:31 PM
 #58

It's hard to trust MtGox if they let trades happen at $15 and not process $10 trades.  It completely distorts the market and is like a lottery win for the lucky guy at $15 and not a market.  If MtGox wants itself to be taken seriously it must address issues like this.

There was probably no trade at 15.

Yeah... just a display bug I guess

Display bug on MtGox Live and Bitcoin Monitor?  I saw the trade on both.  MtGox is displaying the trade as valid. 

Last Price: 5.53 High:15.9499
johnj
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September 11, 2011, 03:13:58 PM
 #59

Yep, bitcoin monitor has the 43BTC @ 15



Edit: hard to screencap and hover over the trade at the same time, just look.

Edit2:  Looking back, they're so scrunched up now (due to scale), I can't locate it again.  But it was there.

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September 11, 2011, 03:15:02 PM
 #60

we all hope that its a bug, but I hope mtgox make a statement addressing the situation, or Im off to bitmarket
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