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Author Topic: What's going on at Mt. Gox 9/11?  (Read 984 times)
AngelusWebDesign (OP)
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September 12, 2011, 01:31:59 AM
 #1

The chart looks ridiculous -- besides the fact it only had a few hours' history, it also has a range of 3.85 to 12.50.

Am I to believe that all the bids from 3.85 to 12.50 were at one time today wiped out?

In other words, if I had placed a sell order for 100 coins @ 11.50 last night, and checked my Mt. Gox today, they'd all have sold?

I don't believe it.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Brian DeLoach
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September 12, 2011, 01:37:41 AM
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Nobody knows, and Mt. Gox isn't saying anything as usual Angry. Tux is just too fucking busy to tell his customers anything about this concerning event.

Some are saying it's just a glitch, and the price hasn't gone above $7.5.
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September 12, 2011, 01:54:58 AM
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i'll tell you whats going on.  the price of BTC has skyrocketed 67% in 24 hours. 
Bitcoin Swami
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September 12, 2011, 02:09:12 AM
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I think it has something to to with bitcoinica.
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September 12, 2011, 02:14:50 AM
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So the volume shows in Bitcoincharts is also not right?
I'm so happy to see the price comes back and so sad to find out that my coins are still there. Embarrassed
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