Bitcoin Forum
May 11, 2024, 11:36:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Is MtGox going crazy or manipulating?  (Read 2999 times)
caston
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile WWW
June 01, 2012, 12:47:28 PM
 #21

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
1715470611
Hero Member
*
Offline Offline

Posts: 1715470611

View Profile Personal Message (Offline)

Ignore
1715470611
Reply with quote  #2

1715470611
Report to moderator
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715470611
Hero Member
*
Offline Offline

Posts: 1715470611

View Profile Personal Message (Offline)

Ignore
1715470611
Reply with quote  #2

1715470611
Report to moderator
paraipan
In memoriam
Legendary
*
Offline Offline

Activity: 924
Merit: 1004


Firstbits: 1pirata


View Profile WWW
June 01, 2012, 12:58:02 PM
Last edit: June 01, 2012, 01:18:08 PM by paraipan
 #22

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  Undecided

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 Offline

Activity: 1008
Merit: 1000


View Profile
June 01, 2012, 01:05:31 PM
 #23

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
Sr. Member
****
Offline Offline

Activity: 456
Merit: 250



View Profile
June 01, 2012, 01:14:07 PM
 #24



I think psy predicted the future.. you better hit the speculation section they will worship you!

poop!
rjk
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


1ngldh


View Profile
June 01, 2012, 01:21:13 PM
 #25

Obligatory Predictinator reference

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
dirtycat
Sr. Member
****
Offline Offline

Activity: 456
Merit: 250



View Profile
June 01, 2012, 01:39:00 PM
 #26


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 Offline

Activity: 1358
Merit: 1002



View Profile
June 01, 2012, 03:49:48 PM
Last edit: June 01, 2012, 04:00:24 PM by psy
 #27

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 Offline

Activity: 1358
Merit: 1002



View Profile
June 01, 2012, 04:54:43 PM
 #28

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 Offline

Activity: 1358
Merit: 1002



View Profile
June 01, 2012, 08:36:52 PM
 #29

Follow my lead Grin

check_status
Full Member
***
Offline Offline

Activity: 196
Merit: 100


Web Dev, Db Admin, Computer Technician


View Profile
June 02, 2012, 12:26:02 PM
 #30

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.  Shocked
Don't worry, it's just a "glitch", we're sorry you noticed. Wink  Cheesy

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. Grin

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 |  1EndfedSryGUZK9sPrdvxHntYzv2EBexGA
Herodes
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
June 02, 2012, 10:17:27 PM
 #31

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.


Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!