Bitcoin Forum
December 09, 2016, 02:04:21 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 [1133] 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 ... 1189 »
  Print  
Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652126 times)
NamelessOne
Legendary
*
Offline Offline

Activity: 840



View Profile
April 13, 2013, 07:57:41 PM
 #22641

Has anyone contacted Gox about this issue.Trade engie bug or manipulation clearly something's wrong and they should have a statement.Nobody can beleve this is a coincidence of too intensive trading as the prevous explanations.
I've been trying on facebook and twitter. Their support desk sucks and always takes forever. No responses yet... they are all sleeping. Insane communication... they are horrible. ALl they need to say is 'we are working on it'  but they don't. The seem to panic and freeze and say nothing. At least it feels like that.
1481249061
Hero Member
*
Offline Offline

Posts: 1481249061

View Profile Personal Message (Offline)

Ignore
1481249061
Reply with quote  #2

1481249061
Report to moderator
1481249061
Hero Member
*
Offline Offline

Posts: 1481249061

View Profile Personal Message (Offline)

Ignore
1481249061
Reply with quote  #2

1481249061
Report to moderator
1481249061
Hero Member
*
Offline Offline

Posts: 1481249061

View Profile Personal Message (Offline)

Ignore
1481249061
Reply with quote  #2

1481249061
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481249061
Hero Member
*
Offline Offline

Posts: 1481249061

View Profile Personal Message (Offline)

Ignore
1481249061
Reply with quote  #2

1481249061
Report to moderator
1481249061
Hero Member
*
Offline Offline

Posts: 1481249061

View Profile Personal Message (Offline)

Ignore
1481249061
Reply with quote  #2

1481249061
Report to moderator
1481249061
Hero Member
*
Offline Offline

Posts: 1481249061

View Profile Personal Message (Offline)

Ignore
1481249061
Reply with quote  #2

1481249061
Report to moderator
dmiceman
Full Member
***
Offline Offline

Activity: 128


View Profile
April 13, 2013, 07:57:50 PM
 #22642

Lag increasing...
ManBearPig
Sr. Member
****
Offline Offline

Activity: 350


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
April 13, 2013, 07:58:28 PM
 #22643

This is ridiculous. It rose all day and had no signs of going below $100.

Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?

This is clear manipulation that gox still hasn't been able to prevent.

There is no manipulation here. Many bulls dropped from the game, and bears are prevailing now. The market always will go up and down, even a bear market. It's nothing unusual that it was rising for some time.

I really, really beg to differ.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
Jaques
Member
**
Offline Offline

Activity: 112


View Profile
April 13, 2013, 07:59:31 PM
 #22644

101

i think it was just online vendors converting btx to fiat ...
M4v3R
Hero Member
*****
Offline Offline

Activity: 607



View Profile
April 13, 2013, 08:00:11 PM
 #22645

It is manipulation or incompetent bugs in their system. I question if ANY of them at Gox even know this is happening right now or if they are all just sleeping while their 24/7 exchange goes to hell.

ONE person sold 2000k form 115 down to 110. Then magically 10 minutes of lag had appeared within 5 minutes. It never stopped rising from there despite next to no real activity for most of that rise. The trading that has been happening is pretty typical and usually not laggy.

It's their incompetence, nothing else. If I would guess how their system works, I would say:

Their "trading engine" is just a PHP script that keeps a queue of orders, and executes them synchronously with each trade being it's own locking transaction to prevent errors. PHP isn't exactly known for its raw processing speed, nor is MySQL, by default. Of course there ARE high-volume sites using PHP, but they often use many tricks to make it run faster (like Facebook which uses PHP but recompiles parts of it to barebones C, lookup "HipHop" for more details). They've said that upon executing an order they have to check all matching orders for their validity. This means grabbing a ton of data from MySQL and iterating over it. This, combined with slow message queue (which as I said probably is just a PHP script, not a 0MQ or something else), gives us what we see now. And when people see lag, they sell even more, thus adding more to the already blocked queue.

Remember, the site was designed to trade Magic the Gathering cards, not trading thousands of Bitcoins per minute.
hmmmstrange
Hero Member
*****
Offline Offline

Activity: 668


View Profile
April 13, 2013, 08:00:28 PM
 #22646


-Only allow verified accounts to trade (and close accounts that are obviously attacking the system)




Confiscate accounts and when the owner asks for the funds back, publish their info.
dmiceman
Full Member
***
Offline Offline

Activity: 128


View Profile
April 13, 2013, 08:01:09 PM
 #22647

I assume the BTC0.04 sells that have been going on through this whole thing are also a coincidence?

I'm not saying the price can't come back down, but there's nothing normal about how it's happening.

There is not too many 0.04 sells. There is a lot of 0.04 buy orders spread in order book which are executed one by one when someone sell 100BTC for example.
seleme
Hero Member
*****
Offline Offline

Activity: 924


Twitter - @alzu1977


View Profile
April 13, 2013, 08:01:17 PM
 #22648

101

i think it was just online vendors converting btx to fiat ...

101 my ass... bots trying to fight at that price with cents orders

NamelessOne
Legendary
*
Offline Offline

Activity: 840



View Profile
April 13, 2013, 08:03:23 PM
 #22649

This is ridiculous. It rose all day and had no signs of going below $100.

Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?

This is clear manipulation that gox still hasn't been able to prevent.

There is no manipulation here. Many bulls dropped from the game, and bears are prevailing now. The market always will go up and down, even a bear market. It's nothing unusual that it was rising for some time.

I really, really beg to differ.

We don't even need to beg to differ, haha, this lag start under completely normal trading conditions, no break up, no break down. A simple sale of 2000 down means next to NOTHING in this market now. But not only that, there was next to no activity immediately following that sale, things were calmish but lag rising. For the next hour even with that lag there was still generally little activity aside from a few panicing big orders.
Sitarow
Legendary
*
Offline Offline

Activity: 1624



View Profile
April 13, 2013, 08:04:08 PM
 #22650


Newscastix
Sr. Member
****
Offline Offline

Activity: 294


View Profile
April 13, 2013, 08:04:51 PM
 #22651

lag now over 46 mins  Grin .. based on past events we should see epic panic and single digits within 2 hrs...

srsly wtf Mt gox Huh
ManBearPig
Sr. Member
****
Offline Offline

Activity: 350


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
April 13, 2013, 08:05:43 PM
 #22652

Pull the plug eh?

I tweet crypto nonsense: https://twitter.com/DunningKruger_
John Self
Member
**
Offline Offline

Activity: 98


View Profile
April 13, 2013, 08:06:49 PM
 #22653

When I make my first bitcoin million I am personally flying to Japan to take a piss through the letterbox of each and every MtGox employee.

14GXJ3Q16PJNNF6v4iyxhvuhacuhvckMym
NamelessOne
Legendary
*
Offline Offline

Activity: 840



View Profile
April 13, 2013, 08:07:17 PM
 #22654

lag now over 46 mins  Grin .. based on past events we should see epic panic and single digits within 2 hrs...

srsly wtf Mt gox Huh
Panic set in immediately 3 days ago when this happened in the 250s for very different reasons. This has been a slow grind with way less people panicing. That was a colossal panic hysteria from the start.
DougTanner
Sr. Member
****
Offline Offline

Activity: 280



View Profile
April 13, 2013, 08:07:21 PM
 #22655

They're going to have to pull the plug again.


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
wachtwoord
Legendary
*
Offline Offline

Activity: 1498



View Profile WWW
April 13, 2013, 08:07:56 PM
 #22656

When I make my first bitcoin million I am personally flying to Japan to take a piss through the letterbox of each and every MtGox employee.

witnessed

stereotype
Legendary
*
Offline Offline

Activity: 1344



View Profile
April 13, 2013, 08:08:03 PM
 #22657

When I make my first bitcoin million I am personally flying to Japan to take a piss through the letterbox of each and every MtGox employee.

Im coming with you.
seleme
Hero Member
*****
Offline Offline

Activity: 924


Twitter - @alzu1977


View Profile
April 13, 2013, 08:09:55 PM
 #22658

lag now over 46 mins  Grin .. based on past events we should see epic panic and single digits within 2 hrs...

srsly wtf Mt gox Huh
Panic set in immediately 3 days ago when this happened in the 250s for very different reasons. This has been a slow grind with way less people panicing. That was a colossal panic hysteria from the start.

It does hold surprisingly good so far, tbh, but I think it will go down more, maybe not as 3 days ago but doubt it can hold it at this level. There's 100 buy at 98 now, I'd never do it at this moment tbh.

jojo69
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 13, 2013, 08:11:06 PM
 #22659

When I make my first bitcoin million I am personally flying to Japan to take a piss through the letterbox of each and every MtGox employee.

I'm there

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
Jaques
Member
**
Offline Offline

Activity: 112


View Profile
April 13, 2013, 08:11:24 PM
 #22660

when vendors done dumping it will climb back to over 100 ...
I guess
Pages: « 1 ... 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 [1133] 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 ... 1189 »
  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!