Wall Observer - MtGoxUSD wall movement tracker

[y2kcamaross]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

[rpietila]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

[y2kcamaross]

Only because it would drive people to other exchanges, nothing something they would want

[thefiniteidea]

I know some of you never leave this thread, let alone this subforum...

https://bitcointalk.org/index.php?topic=158113.msg1673660#msg1673660

I AM SO PUMPED ABOUT THIS!  

STRONG BUY.

[mccorvic]

I will admit though, this 71-76 range has been quite the slugfest

[notme]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

But would it be because they make more or because people quit trading there as much?

[ineededausername]

Currently waiting to transfer flights in Europe, this week should be fun.

Well, everyone, don't forget this

[thezerg]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

  a volume per bid/offer discount and small bid/offer volume penalty would do a much better job

[WikileaksDude]

Currently waiting to transfer flights in Europe, this week should be fun.

Well, everyone, don't forget this

whats this about?

[zoinky]

I know some of you never leave this thread, let alone this subforum...

https://bitcointalk.org/index.php?topic=158113.msg1673660#msg1673660

I AM SO PUMPED ABOUT THIS!  

STRONG BUY.

Good news keeps rollin'.

[Gatekeeper]

the battle up to $80 is a good fight, but 80-90 will be a lot faster. At the weekend there was 50k btc to $100, right now there is just under 32k btc to $100.

[ineededausername]

Anyone notice that there's more depth to $70 than there is to $80?

[rpietila]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

  a volume per bid/offer discount and small bid/offer volume penalty would do a much better job

Oh yeah, a fixed fee per new order! That's the way to go.. If the lag is because of an influx of new orders, how about a fee 

[mccorvic]

the battle up to $80 is a good fight, but 80-90 will be a lot faster. At the weekend there was 50k btc to $100, right now there is just under 32k btc to $100.

blockchained.com shows the asks and bids having stayed around the same level.  I'll be interesting to see which side can out last the other.

(Spoiler: Bulls win)

[EnergyVampire]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

  a volume per bid/offer discount and small bid/offer volume penalty would do a much better job

Oh yeah, a fixed fee per new order! That's the way to go.. If the lag is because of an influx of new orders, how about a fee 

I believe he means a fixed fee for the .01 dust orders. I'm not sure what purpose the .01 trades are for, any guesses?

[rpietila]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

  a volume per bid/offer discount and small bid/offer volume penalty would do a much better job

Oh yeah, a fixed fee per new order! That's the way to go.. If the lag is because of an influx of new orders, how about a fee 

I believe he means a fixed fee for the .01 dust orders. I'm not sure what purpose the .01 trades are for, any guesses?

Same fee for everybody! Legit traders couldn't care less about .01 fee..

The purpose of dust is to obfuscate the sight.

[ewibit]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

+1

[thezerg]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

  a volume per bid/offer discount and small bid/offer volume penalty would do a much better job

Oh yeah, a fixed fee per new order! That's the way to go.. If the lag is because of an influx of new orders, how about a fee 

I believe he means a fixed fee for the .01 dust orders. I'm not sure what purpose the .01 trades are for, any guesses?

Same fee for everybody! Legit traders couldn't care less about .01 fee..

The purpose of dust is to obfuscate the sight.

Maybe not a hard limit... just have dust orders pay a higher %.  High volume orders pay lower %.  This would be to encourage order consolidation and stop people from putting 1000 tiny orders in front of their own wall to give their bot time to move it when approached.  But at the same time a lucrative dust bot could still operate.

[Liquid]

[giszmo]

Mtgox really needs to do something.  Either lower their fees or fix their server, or preferably both

Upping their fees to 2% would help with the lags more than lowering them...

  a volume per bid/offer discount and small bid/offer volume penalty would do a much better job

Oh yeah, a fixed fee per new order! That's the way to go.. If the lag is because of an influx of new orders, how about a fee 

I believe he means a fixed fee for the .01 dust orders. I'm not sure what purpose the .01 trades are for, any guesses?

Same fee for everybody! Legit traders couldn't care less about .01 fee..

The purpose of dust is to obfuscate the sight.

Maybe not a hard limit... just have dust orders pay a higher %.  High volume orders pay lower %.  This would be to encourage order consolidation and stop people from putting 1000 tiny orders in front of their own wall to give their bot time to move it when approached.  But at the same time a lucrative dust bot could still operate.

MtGox has a high incentive to allow small transactions as people making profit from them will reduce volatility, too.
They have an incentive to provide a fast service as speed should be the most important factor after liquidity and trustworthiness.
Arbitrarily small trades don't reduce volatility though, so it would definitely make sense to pass on the costs per trade as the minimum trade costs or to straight add them. Why not charge every trade with either $0.001+0.6% or max($0.001, 0.6%)? When MtGox doesn't make profit with a deal, why should the client?