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dmiceman
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April 13, 2013, 08:01:09 PM |
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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. |
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"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
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seleme
Legendary
 Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 08:01:17 PM |
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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 |
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NamelessOne
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Activity: 840
Merit: 1000
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April 13, 2013, 08:03:23 PM |
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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. |
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Sitarow
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Activity: 1792
Merit: 1047
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April 13, 2013, 08:04:08 PM |
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Newscastix
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April 13, 2013, 08:04:51 PM |
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lag now over 46 mins  .. based on past events we should see epic panic and single digits within 2 hrs... srsly wtf Mt gox  |
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ManBearPig
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April 13, 2013, 08:05:43 PM |
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Pull the plug eh?
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John Self
Member
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Activity: 98
Merit: 10
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April 13, 2013, 08:06:49 PM |
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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.
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14GXJ3Q16PJNNF6v4iyxhvuhacuhvckMym
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 13, 2013, 08:07:17 PM |
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lag now over 46 mins .. based on past events we should see epic panic and single digits within 2 hrs... srsly wtf Mt gox 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. |
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DougTanner
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April 13, 2013, 08:07:21 PM |
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They're going to have to pull the plug again.  |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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April 13, 2013, 08:07:56 PM |
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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 |
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stereotype
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Activity: 1554
Merit: 1000
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April 13, 2013, 08:08:03 PM |
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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. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 08:09:55 PM |
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lag now over 46 mins .. based on past events we should see epic panic and single digits within 2 hrs... srsly wtf Mt gox 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. |
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jojo69
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Merit: 4309
diamond-handed zealot
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April 13, 2013, 08:11:06 PM |
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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.
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Jaques
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Activity: 112
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April 13, 2013, 08:11:24 PM |
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when vendors done dumping it will climb back to over 100 ...
I guess
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Sitarow
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April 13, 2013, 08:11:43 PM |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 08:14:43 PM |
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hm, 100+ again and nice buy order on 100
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Krabby
Sr. Member
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Activity: 644
Merit: 250
https://primedao.eth.link/#/
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April 13, 2013, 08:15:43 PM |
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How is it holding so well? Also is bitcoinity updating for anyone?
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zarl
Member
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Activity: 70
Merit: 10
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April 13, 2013, 08:16:25 PM |
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Im not so tecnical smart about all this. so i have a question.
Are the price readings on gox and bitcoinity precice with all that lag ?
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Luno
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April 13, 2013, 08:17:21 PM |
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How is it holding so well? Also is bitcoinity updating for anyone?
Data is 50 minutes old. No way to know where it is now!! |
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samson
Legendary
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Activity: 2097
Merit: 1068
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April 13, 2013, 08:17:30 PM |
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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.
They need to find out who dumped this 2000 BTC causing the price to drop from 150 to 110,it's obvious it was done by the person doing the DDOS. They should freeze the account and investigate thoroughly. |
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