Wall Observer - MtGoxUSD wall movement tracker

[jojo69]

probably isn't that difficult to implement at all.

this is MtGox we are talking about

[1714245283]

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[zedicus]

 

[seleme]

Why I can't see anything on mtgoxlive, it just shows blank page for me with link to mtgox.com at upper left corner.

[Slix]

Looks like they shifted gears: 0.04s driving price down by $0.50 a pop. Just plain uncalled for...

https://i.imgur.com/rJOKsK8.jpg

[NamelessOne]

Why I can't see anything on mtgoxlive, it just shows blank page for me with link to mtgox.com at upper left corner.

That's what mtgox does, nothing unusual there. HAHA  

[notme]

Mt. Gox needs to implement some sort of spam filtering on small orders. Lowering their volume might be a good start to help out the lag/panic issue.

Boy this sure looks legit to me...

https://i.imgur.com/TTfPVyd.jpg

They could limit the number of orders for each account per day. A normal human account should make no more than 1000 orders per day. Big volume accounts may have higher limit. People may apply for an increase of limit if they are trading properly

Couple that with a simple pattern recognition or minimum time delay between order with a 24+ hour ban penality. That should get rid of those annoying bots and probably isn't that difficult to implement at all.

A decent trade engine should have no problems with this amount of traffic.  Because the existing engine has to check all pending orders for each user on both sides of each trade it has no choice but to be laggy.  In a few weeks the new engine should be done with testing.  With the new engine only fully funded orders will be allowed.  This will remove the existing bottleneck and if done right should allow 1000x the traffic since you only have to lock the order book to pull off enough orders to fill your incoming order and add any remainder.  However, it will likely be done in PHP by someone who thought the original design was fine, so we'll see how it plays out.

[keewee]

Why I can't see anything on mtgoxlive, it just shows blank page for me with link to mtgox.com at upper left corner.

That's what mtgox does, nothing unusual there. HAHA  

Just what I was going to post. It's more unreliable than Mt Gox itself....

[Kazu]

So, im going to sleep again. Ive yet to wake up to a cheaper btc. WILL THE TREND BREAK?

[Crazy]

So, im going to sleep again. Ive yet to wake up to a cheaper btc. WILL THE TREND BREAK?

Hopefully. People are stuck on this "no direction but up" mentality.

[dooglus]

I believe nobody in right mind will buy coins for quite some time now.

You know all those coins that were sold today?  Every single one of them was bought by somebody!

I don't usually post wall pictures, but I found a new (to me, at least) site when bitcoinity was down.  It allows you to type in your BTC balance and see what it's currently worth:

[solex]

Mt. Gox needs to implement some sort of spam filtering on small orders. Lowering their volume might be a good start to help out the lag/panic issue.

Boy this sure looks legit to me...

https://i.imgur.com/TTfPVyd.jpg

They could limit the number of orders for each account per day. A normal human account should make no more than 1000 orders per day. Big volume accounts may have higher limit. People may apply for an increase of limit if they are trading properly

Couple that with a simple pattern recognition or minimum time delay between order with a 24+ hour ban penality. That should get rid of those annoying bots and probably isn't that difficult to implement at all.

A decent trade engine should have no problems with this amount of traffic.  Because the existing engine has to check all pending orders for each user on both sides of each trade it has no choice but to be laggy.  In a few weeks the new engine should be done with testing.  With the new engine only fully funded orders will be allowed.  This will remove the existing bottleneck and if done right should allow 1000x the traffic since you only have to lock the order book to pull off enough orders to fill your incoming order and add any remainder.  However, it will likely be done in PHP by someone who thought the original design was fine, so we'll see how it plays out.

Allowing unfunded orders in the first place is nuts. I am not aware of any other market which supports that.

[masize]

Maybe we can stop shouting TO DA MOOOOOON now? For christ's sake. All this exuberant pumping is extremely pathetic.

My long-term bullish stance hasn't changed, but there is much work to do in bitcoin land (as in, ya know, making it more useful for people to actually use). There is too much gambling/short-term speculation going on. Sigh.

I guess I'll just have to wait for long-term undercurrents to sort things out.

I hope sometime I good Bitcoin Patriot with a lot of money put their flag in usd 250 for 1 Million BTC.
Just set a BUY order with a crazy amount.

If some funny people want to play around selling BTC to make the price go down. They can't bypass this offer down.
This guarantees the BTC won't peak down, and actually make the Buyer sure that the price won't be cheaper than that, it can only go higher.

[zedicus]

Looks like they shifted gears: 0.04s driving price down by $0.50 a pop. Just plain uncalled for...


http://www.youtube.com/watch?v=suyOUiInQwA&t=18m19s

So can we get a cooling period put into the gox!! drop 35% in price of bitcoin and auto shutdown and cooling period .. shutdown for like 3-5 hours maybe more!!!



We need to put this bot attack on blast! Its one thing to have a bot .. thats fine.. but a bot used to ensue panic ...    errr


Whats the sentiment!?

[aurora]

I believe nobody in right mind will buy coins for quite some time now.

You know all those coins that were sold today?  Every single one of them was bought by somebody!

I don't usually post wall pictures, but I found a new (to me, at least) site when bitcoinity was down.  It allows you to type in your BTC balance and see what it's currently worth:

They bought it cause they amateurs. Nobody knows how low it will go. Wait till you see people losing confidence and start selling. Market doesnt matter here, but human nature is. I would give it stable run for week or two , then dumps again

[keewee]

I believe nobody in right mind will buy coins for quite some time now.

You know all those coins that were sold today?  Every single one of them was bought by somebody!

I don't usually post wall pictures, but I found a new (to me, at least) site when bitcoinity was down.  It allows you to type in your BTC balance and see what it's currently worth:

https://i.imgur.com/gt8BR9d.png

Exactly. Plenty of people were wanting to buy, the bid sum at over $15m reflected that. That's a very nice wall chart too!

[molecular]

A decent trade engine should have no problems with this amount of traffic.  Because the existing engine has to check all pending orders for each user on both sides of each trade it has no choice but to be laggy.  In a few weeks the new engine should be done with testing.  With the new engine only fully funded orders will be allowed.  This will remove the existing bottleneck and if done right should allow 1000x the traffic since you only have to lock the order book to pull off enough orders to fill your incoming order and add any remainder.  However, it will likely be done in PHP by someone who thought the original design was fine, so we'll see how it plays out.

+1. magicaltux said release will be on April 17th, btw.

[TsuyokuNaritai]

Bears, is that the best you can do with a one-hour DDoS?  Better luck next time.

Be careful what you wish for.

[420]

Some of you may know me...I used to be very active in this thread

I'm back to ask a very important question...












41 million traded on GOX today?!?!?!

[molecular]

Maybe we can stop shouting TO DA MOOOOOON now? For christ's sake. All this exuberant pumping is extremely pathetic.

You could've said that about the internet in the early nineties.

I think you're overrating the latest correction.



The last 2 drops didn't reach the 18 day exponential average. That's why (at least that's how I see things) the last one overshot a bit to the downside.

Nothing to get all excited about for the bears, we are still in the crazy mode we've been in since January.

[420]

Maybe we can stop shouting TO DA MOOOOOON now? For christ's sake. All this exuberant pumping is extremely pathetic.

You could've said that about the internet in the early nineties.

I think you're overrating the latest correction.



The last 2 drops didn't reach the 18 day exponential average. That's why (at least that's how I see things) the last one overshot a bit to the downside.

Nothing to get all excited about for the bears, we are still in the crazy mode we've been in since January.

that, or we're going back to single digits which proudhorn has been suggesting every time