Jaques
Member
 Offline
Activity: 112
Merit: 10
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April 13, 2013, 08:17:41 PM |
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0.101 bot sold us back down to 98
to much spread
not enogh human intervention (buyers)
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 08:18:13 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 ?
you're seeing price that happened 50 minutes ago |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 13, 2013, 08:18:27 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. HAHAHAHAHAHA |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 13, 2013, 08:19:34 PM |
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How is it holding so well? Also is bitcoinity updating for anyone?
Because people know the current price isn't too unreasonable, its above the long term trendline but not by a huge amount. At 266 it was HUGE, and people were ready to panic/sell for profit, or because they bought high. Right now things are different. |
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nagnagnag2
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April 13, 2013, 08:20:25 PM |
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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.
Whoever gave them the permits in Japan should investigate. |
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Jaques
Member
Offline
Activity: 112
Merit: 10
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April 13, 2013, 08:20:33 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 ?
you're seeing price that happened 50 minutes ago coinlab "claims" to be real-time ... 100,30$ atm |
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zarl
Member
Offline
Activity: 70
Merit: 10
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April 13, 2013, 08:21:12 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 ?
you're seeing price that happened 50 minutes ago ok i was thinking that. Jesus crist ! its impossible to know aprox price now then ? And how can you see these selloff of forexample 2000Btc |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 08:21:35 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 ?
you're seeing price that happened 50 minutes ago coinlab "claims" to be real-time ... 100,30$ atm not sure how they could be real time |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 08:22:16 PM |
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no much support in 90's
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 13, 2013, 08:22:53 PM |
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If the big fish are smart they now slowly place tiny walls at 100 and let the remaining bulls gobble it up.
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John Self
Member
Offline
Activity: 98
Merit: 10
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April 13, 2013, 08:23:01 PM |
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There's a reasonable explanation for this lag, MtGox have ordered their new servers from the folks at butterfly labs, there is a slight delay now, but the units should be shipping soonTM. Have no fear.
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14GXJ3Q16PJNNF6v4iyxhvuhacuhvckMym
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Jaques
Member
Offline
Activity: 112
Merit: 10
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April 13, 2013, 08:23:36 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 ?
you're seeing price that happened 50 minutes ago coinlab "claims" to be real-time ... 100,30$ atm not sure how they could be real time nor me but earlier they always stated the lag now they say; "last price 6 seconds ago" (100$) edit: anyway, why worry? satoshi has a plan for all of us ... lol |
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Terpie
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April 13, 2013, 08:25:49 PM |
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Got this message trying to put in an order: Trade engine cooldown (lag too high), order placing suspended until 2013-04-13 20:40:00 UTC
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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April 13, 2013, 08:26:15 PM |
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Gox has shut for 13mins.
What will happen? Oooo
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 13, 2013, 08:26:40 PM |
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There's a reasonable explanation for this lag, MtGox have ordered their new servers from the folks at butterfly labs, there is a slight delay now, but the units should be shipping soonTM. Have no fear.
Is that their new high performance exchange processor line I've heard about? |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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April 13, 2013, 08:27:02 PM |
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Placing an order : Trade engine cooldown (lag too high), order placing suspended until 2013-04-13 20:40:00 UTC
Cooldown is now the Trendy word at gox
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How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 13, 2013, 08:27:26 PM |
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Got this message trying to put in an order: Trade engine cooldown (lag too high), order placing suspended until 2013-04-13 20:40:00 UTC
I'm okay with this! It is the only reasonable thing to do at the moment as long as it is temporary and not 12 hours long. Until they fix their system, what else can they do? |
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Luno
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April 13, 2013, 08:28:33 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. Good point. Some time ago there was a flash crash on Wall Street where prices jumped 20% or something several times during 45 minutes ( that was before the circuit breaker was installed). Investigation shoved that certain abnormal trading bot behaviour had caused the trading to glitch. From the trading log files, the stock selloff that started chaos was identified, but the trader was not. Wall Street refused to disclose the identity of the account. It was clearly an order spam attack run by some trading bots. The US Dollar was not at risk of losing it's trust because of it. But But Bitcoin is. Guess what CNBC's Bitcoin story tomorrow will be? |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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April 13, 2013, 08:29:06 PM |
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I'm an idiot and put a sell order in 40 mins ago for market price...
Sold at the absolute bottom of 95 >.<
Already have buy orders in for 85, 75, 65 ,55 if it even drops.
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John Self
Member
Offline
Activity: 98
Merit: 10
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April 13, 2013, 08:29:30 PM |
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There's a reasonable explanation for this lag, MtGox have ordered their new servers from the folks at butterfly labs, there is a slight delay now, but the units should be shipping soonTM. Have no fear.
Is that their new high performance exchange processor line I've heard about? Yes! The whole thing is the width of a postage stamp. Those guys are so innovative. |
14GXJ3Q16PJNNF6v4iyxhvuhacuhvckMym
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