Raoul Duke (OP)
aka psy
Legendary
 Offline
Activity: 1358
Merit: 1002
|
 |
May 31, 2012, 01:26:49 PM |
|
Damn, just missed the screenshot... For 3 times today I've seen the last price passing $5.25, yet it disappears and the High remains at $5.18 EDIT: Now I managed to take a screenshot  If you go there now it's still $5.18 Too many glitches... |
|
|
|
|
|
|
|
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
rjk
Sr. Member
Offline
Activity: 448
Merit: 250
1ngldh
|
|
May 31, 2012, 01:29:42 PM |
|
If the trade engine is making an error, they are able to reverse bad trades and delete them from the live graph, which may be what is happening.
|
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
May 31, 2012, 01:31:51 PM |
|
If the trade engine is making an error, they are able to reverse bad trades and delete them from the live graph, which may be what is happening.
What is considered a bad trade? And why happening so many times? At least 3 times in the last 3 or 4 hours. And I'm not looking there all the time, just once in a while. If I've spent 5 minutes in total looking at it and managed to see it 3 times I wonder how many times more it happened. Couldn't they be doing it on purpose to confuse bots and make them take unintended actions, like sell or buy just to fuck up traders that use bots? |
|
|
|
|
rjk
Sr. Member
Offline
Activity: 448
Merit: 250
1ngldh
|
|
May 31, 2012, 01:34:47 PM |
|
I don't know... just making an observation based on knowledge that this has happened in the past.
|
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
May 31, 2012, 01:37:47 PM |
|
I don't know... just making an observation based on knowledge that this has happened in the past.
Yes, I know it happened. And I quickly forgot about it for that same reson when I saw it the 1st time a few hours ago. But it's happening constantly, it seems. |
|
|
|
|
Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
|
|
May 31, 2012, 01:49:51 PM |
|
Sorry guys, that was me. I tripped over a wire in my control console for the Bitcoin network and made the price fluctuate.
|
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
May 31, 2012, 01:55:45 PM |
|
Sorry guys, that was me. I tripped over a wire in my control console for the Bitcoin network and made the price fluctuate.
See, that's the problem, the price DIDN'T fluctuate... |
|
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
May 31, 2012, 06:46:44 PM |
|
Any chance on an official statement from Gox? This seems pretty important...
|
|
|
|
|
|
bulanula
|
|
May 31, 2012, 06:49:56 PM |
|
Any chance on an official statement from Gox? This seems pretty important...
They won't acknowledge anything. And you thought PayPal was bad ... There is no transparency in Gox. Manipulation and front running is rampant. |
|
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
May 31, 2012, 06:58:34 PM |
|
Any chance on an official statement from Gox? This seems pretty important...
They won't acknowledge anything. And you thought PayPal was bad ... There is no transparency in Gox. Manipulation and front running is rampant. The boogie man is coming for you too. I bet politely asking their support will garner us an answer. |
|
|
|
|
Stephen Gornick
Legendary
Offline
Activity: 2506
Merit: 1010
|
|
May 31, 2012, 07:36:15 PM |
|
In scrolling back at the live trade data on #bitcoin-market, I don't see any trades above the 24 hour high that shows on the site ($5.19).
So if there were any trades executed and reversed, they weren't seen by whatever method #bitcoin-market uses to get trade data. (not sure if that is using the streaming API or what.)
|
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
May 31, 2012, 08:48:26 PM |
|
Well, I guess that means bots had no chance to get confused. It seems only I saw those glitches. WTF
|
|
|
|
|
|
DublinBrian
|
|
May 31, 2012, 10:31:14 PM |
|
That "Last Price" number on the top of the home page is always very far from the Bid/Ask prices when you see when you log in. I used to think it was an error but now I think it is similar to the highs and lows on a candle stick graph.
If the last transaction executed was a market buy order then "last price" refers to the highest price paid in that batch of coins.
And if the last transaction executed was a market sell order then "last price" refers to the lowest price paid in that batch of coins.
|
|
|
|
|
|
|
Gladamas
Sr. Member
Offline
Activity: 294
Merit: 250
Bitcoin today is what the internet was in 1998.
|
|
May 31, 2012, 10:55:21 PM |
|
I have seen this happen too. Strange...
|
|
|
|
ARapalo
Member
Offline
Activity: 93
Merit: 10
|
|
May 31, 2012, 11:40:10 PM |
|
Did anyone's orders get fulfilled at that price without a reverse?
|
|
|
|
|
Mt.Gox Support
VIP
Sr. Member
Offline
Activity: 308
Merit: 250
|
|
June 01, 2012, 01:08:48 AM |
|
Any chance on an official statement from Gox? This seems pretty important...
Official reply : No manipulations and good lord we are still sane... (I'm not insane, my mother had me tested). Now for the record and as far as we are concerned, a nice stable price keeps volume and revenue low. |
|
|
|
|
drlatino999
|
|
June 01, 2012, 01:14:33 AM |
|
Any chance on an official statement from Gox? This seems pretty important...
Official reply : No manipulations and good lord we are still sane... (I'm not insane, my mother had me tested). Now for the record and as far as we are concerned, a nice stable price keeps volume and revenue low. This is up there for best official reply  |
Sappers clear the way
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
June 01, 2012, 12:09:22 PM |
|
Here is a better reply I got directly responding to my support inquiry about this thread.
Thank you for your inquiry. Our PR manager has already responded to the thread in question. It appears that there was a glitch in our system, but the actual price did not go up that high. All the invalid trades will be cancelled. Our apologies for the inconvenience caused and thank you for your kind understanding in this matter. If you have any further questions, please feel free to contact us again.
|
|
|
|
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
June 01, 2012, 12:36:22 PM |
|
Any chance on an official statement from Gox? This seems pretty important...
Official reply : No manipulations and good lord we are still sane... (I'm not insane, my mother had me tested). Now for the record and as far as we are concerned, a nice stable price keeps volume and revenue low. But it didn't answer the question. Did a trade execute > $5.18? If so then why didn't the high update to reflect it? If not then why does "last" show $5.269? What EXACTLY is the "last"? Is it really the price the most recent trade executed? |
|
|
|
|
|
caston
|
|
June 01, 2012, 12:47:28 PM |
|
Ahh this explains why my friend was so keen to sells bitcoins to me for the "mtgox last price" in AUD lol
|
bitcoin BTC: 1MikVUu1DauWB33T5diyforbQjTWJ9D4RF
bitcoin cash: 1JdkCGuW4LSgqYiM6QS7zTzAttD9MNAsiK
-updated 3rd December 2017
|
|
|
paraipan
In memoriam
Legendary
Offline
Activity: 924
Merit: 1004
Firstbits: 1pirata
|
|
June 01, 2012, 12:58:02 PM
Last edit: June 01, 2012, 01:18:08 PM by paraipan |
|
Ahh this explains why my friend was so keen to sells bitcoins to me for the "mtgox last price" in AUD lol
Awesome friend you got there  EDIT: I use the 24h price for transacting http://bitcoincharts.com/markets/currencies/ |
BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
|
|
|
SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
June 01, 2012, 01:05:31 PM |
|
Any chance on an official statement from Gox? This seems pretty important...
Official reply : No manipulations and good lord we are still sane... (I'm not insane, my mother had me tested). Now for the record and as far as we are concerned, a nice stable price keeps volume and revenue low. But it didn't answer the question. Did a trade execute > $5.18? If so then why didn't the high update to reflect it? If not then why does "last" show $5.269? What EXACTLY is the "last"? Is it really the price the most recent trade executed? And the real question is what did you do to fix this "glitch"? |
|
|
|
|
|
dirtycat
|
|
June 01, 2012, 01:14:07 PM |
|
 I think psy predicted the future.. you better hit the speculation section they will worship you! |
poop!
|
|
|
rjk
Sr. Member
Offline
Activity: 448
Merit: 250
1ngldh
|
|
June 01, 2012, 01:21:13 PM |
|
|
|
|
|
|
dirtycat
|
|
June 01, 2012, 01:39:00 PM |
|
with this and psy by my side I will be knee deep in bitcoin in no time! |
poop!
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
June 01, 2012, 03:49:48 PM
Last edit: June 01, 2012, 04:00:24 PM by psy |
|
Just going to leave this here 1 hr ago  now  once again  Watch the Euro market on the rise gentlemen. I predicted it first, with the help of the MtGox Predictinator, remember! lol |
|
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
June 01, 2012, 04:54:43 PM |
|
Once again. The rocket's about to be launched  Go long, gentlemen. It can't go wrong. lol |
|
|
|
|
Raoul Duke (OP)
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
|
|
June 01, 2012, 08:36:52 PM |
|
Follow my lead   |
|
|
|
|
check_status
Full Member
Offline
Activity: 196
Merit: 100
Web Dev, Db Admin, Computer Technician
|
|
June 02, 2012, 12:26:02 PM |
|
Clark Moody shows value @$5.27+ on the 1st at 8PM. http://bitcoin.clarkmoody.com/widget/chart/It appears the feed is the only thing with a rising price.  Don't worry, it's just a "glitch", we're sorry you noticed.   They have all sorts of bugs and glitches. I converted $25 cash, in two transactions, to ⊅BTC @$5.115, I got ⊅7.25 total. Please don't reverse it or fix the glitches. |
For Bitcoin to be a true global currency the value of BTC needs always to rise. If BTC became the global currency & money supply = 100 Trillion then ⊅1.00 BTC = $4,761,904.76. P2Pool Server List | How To's and Guides Mega List | 1 EndfedSryGUZK9sPrdvxHntYzv2EBexGA |
|
|
|
Herodes
|
|
June 02, 2012, 10:17:27 PM |
|
My guess is that it's just some coding error, and not some manipulation.
I would assume that on the mtGox website, the price is updated by ajax (ie. making calls to the server in the background, which only updates the price in the browser), so there might be some kind of error in that code, if it's not coherent with API data.
A 3rd party code review and more transparency would be a good idea. A technical detailed explanation of these 'glitches' would be a good idea.
Not sure if there's anyone else but Mark actually having access to the codebase itself.
There's been too many stories lately about late payments for larger amounts when withdrawn from mtGox. This may lead us to think that mtGox has money flow problems.
A 3rd part audit in that regard may also be a good idea.
As a final thought, there's other exchanges as well, and keeping a lot of funds on mtGox, well, it will be for every individual to decide if that's a good idea.
|
|
|
|
|
|
