Bitcoin Forum
December 03, 2016, 05:51:11 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: What is this spike?  (Read 2234 times)
bb113
Hero Member
*****
Offline Offline

Activity: 728


View Profile
May 24, 2012, 12:17:06 AM
 #1




I see it here and on btccharts but an order did not get filled and I couldn't find it the "raw data" provided for the bitcoin charts graph.


edit: Sorry, the spike to 5.165 just before 9 pm on that chart
1480787471
Hero Member
*
Offline Offline

Posts: 1480787471

View Profile Personal Message (Offline)

Ignore
1480787471
Reply with quote  #2

1480787471
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480787471
Hero Member
*
Offline Offline

Posts: 1480787471

View Profile Personal Message (Offline)

Ignore
1480787471
Reply with quote  #2

1480787471
Report to moderator
1480787471
Hero Member
*
Offline Offline

Posts: 1480787471

View Profile Personal Message (Offline)

Ignore
1480787471
Reply with quote  #2

1480787471
Report to moderator
1480787471
Hero Member
*
Offline Offline

Posts: 1480787471

View Profile Personal Message (Offline)

Ignore
1480787471
Reply with quote  #2

1480787471
Report to moderator
Garr255
Legendary
*
Offline Offline

Activity: 952


What's a GPU?


View Profile
May 24, 2012, 12:18:06 AM
 #2

I remember seeing it had something to do with the Pirate operation.

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
bb113
Hero Member
*****
Offline Offline

Activity: 728


View Profile
May 24, 2012, 12:45:15 AM
 #3

Haven't seen mention of it. Link?
mufa23
Legendary
*
Offline Offline

Activity: 1022


I'd fight Gandhi.


View Profile
May 24, 2012, 12:50:03 AM
 #4

Ditto. Link please.

Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
Garr255
Legendary
*
Offline Offline

Activity: 952


What's a GPU?


View Profile
May 24, 2012, 12:51:44 AM
 #5

Can't seem to find it. I'll post it here if I come across it though.

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
Mt.Gox_Natalie
Member
**
Offline Offline

Activity: 69



View Profile
May 24, 2012, 12:53:13 AM
 #6

Hello,

Thank you for mentioning this.  It appears to be a glitch in our system and we will be canceling those invalid trades.  Our apologies for the confusion caused and thank you for your kind understanding in this matter.
Crypt_Current
Hero Member
*****
Offline Offline

Activity: 686


Shame on everything; regret nothing.


View Profile
May 24, 2012, 03:37:15 AM
 #7

Hello,

Thank you for mentioning this.  It appears to be a glitch in our system and we will be canceling those invalid trades.  Our apologies for the confusion caused and thank you for your kind understanding in this matter.

lol wut??

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
May 24, 2012, 03:38:44 AM
 #8

Hello,

Thank you for mentioning this.  It appears to be a glitch in our system and we will be canceling those invalid trades.  Our apologies for the confusion caused and thank you for your kind understanding in this matter.

lol wut??

whoops Grin

(BFL)^2 < 0
Crypt_Current
Hero Member
*****
Offline Offline

Activity: 686


Shame on everything; regret nothing.


View Profile
May 24, 2012, 03:45:33 AM
 #9

Hello,

Thank you for mentioning this.  It appears to be a glitch in our system and we will be canceling those invalid trades.  Our apologies for the confusion caused and thank you for your kind understanding in this matter.

lol wut??

whoops Grin

No I mean --
OK:  My usual disclaimer -- I'm not terribly well-versed in economics.

It just appears obvious to everyone here why these trades are invalid, and it is not so obvious to me and it would be great if someone could dumb it down a shade...

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
Crypt_Current
Hero Member
*****
Offline Offline

Activity: 686


Shame on everything; regret nothing.


View Profile
May 24, 2012, 04:06:35 AM
 #10

Oh wait, it's because an order did not get filled?

This is simpler than I'm making it out to be, right?

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
bb113
Hero Member
*****
Offline Offline

Activity: 728


View Profile
May 24, 2012, 04:07:34 AM
 #11

I think there are more glitches now
Serge
Legendary
*
Offline Offline

Activity: 1050


View Profile
May 24, 2012, 05:39:04 AM
 #12

live data is messed up across the board for mtgox
is there rally or not?
Crypt_Current
Hero Member
*****
Offline Offline

Activity: 686


Shame on everything; regret nothing.


View Profile
May 24, 2012, 07:21:33 AM
 #13

live data is messed up across the board for mtgox
is there rally or not?

I'm thinking not yet; however, lots of these spikes, the likes of which would scare the shit out of MegaMan:


10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
Mt.Gox_Natalie
Member
**
Offline Offline

Activity: 69



View Profile
May 24, 2012, 07:37:26 AM
 #14

live data is messed up across the board for mtgox
is there rally or not?

Hello,

We are working on this.  Thank you for your patience while we work to resolve this issue.
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
May 24, 2012, 10:06:40 AM
 #15

RALLLLLLLYYYYYY!!!!!!
mysteriousawake
Full Member
***
Offline Offline

Activity: 193



View Profile
May 24, 2012, 12:19:55 PM
 #16

looks like a bunch of robots lost money when this crashes.  All trades should be rolled back to the first spike.  I bought in and dont like this. and will sell off all 1,000,000  bitcoins if not corrected.

Maybe Goxs robot is executed trades early? and the spikes is the future.


DONT FORGET TO DONATE IF I HELPED YOU
bitcoinBull
Legendary
*
Offline Offline

Activity: 826


rippleFanatic


View Profile
May 24, 2012, 12:42:24 PM
 #17

This is the same thing that was happening last year when MtGox re-launched after the breach.

I can't emphasize enough how much FIXING THIS CRAP would really help to get a rally going.

Also, ensuring that mtgoxlive is stable and fast under heavy load. Even in January it was crapping out and only like 500 people were able to connect during peak usage.


That said, after that BATS IPO lolfest, and even that Nasdaq had quote issues the Friday of the Facebook IPO, I can appreciate that it is difficult to keep an order-book fast and stable under maximum load.

College of Bucking Bulls Knowledge
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
May 24, 2012, 03:04:23 PM
 #18

the cancelled trades can be seen here:

https://mtgox.com/api/1/BTCUSD/public/cancelledtrades

well, the ids at least

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
May 24, 2012, 03:28:52 PM
 #19

the cancelled trades can be seen here:

https://mtgox.com/api/1/BTCUSD/public/cancelledtrades

well, the ids at least

thanks for shedding lights on this

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
Raize
Donator
Legendary
*
Offline Offline

Activity: 1374


View Profile
May 24, 2012, 04:29:16 PM
 #20

It looks like the bots that are responsible for the biggest trades on both the buy and sell sides are running out of coin but have plenty of cash. They might have to re-up before the weekend. I would venture to guess this won't be another "crash" weekend because of it.

On a scarier note, it is entirely possible this bot I'm speaking of is some Bitcoinica arbitrage bot, which means if this is the case, it's got a shortage on BTC. If they are planning on paying back everyone that is owed, they are going to need BTC and fast (which almost certainly means they will be buying hard). If they don't buy soon I don't know how else they are going to compensate their customers.

The problem being that the ones that leveraged against a BTC increase are going to be owed even more coin if the price does go up, so Bitcoinica is stuck between a rock and a hard place right now. Do they drive the price up and hope it crashes before they pay back BTC? Do they just buy as people reclaim it and hope the price increases also don't ruin them?

There's basically this huge problem where they need BTC but can't risk buying it. And my biggest fear is they are sitting around praying for a price drop that isn't going to happen, and thus eventually making the problem even worse, and guaranteeing their insolvency.

I could be wrong though, let's hope it's not Bitcoinica's arbitrage bot that is oversold on BTC right now.

OrganofCorti's Neighbourhood Pool Watch - The most informative website on blockchain health
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!