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dandirk
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April 13, 2013, 06:42:14 PM |
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I think we are seeing MtGox's solution to market crashes... Just lag out and prevent trades... slow the roll. Though it doesn't seem to work thank goodness.. I only have cash in my accounts.
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Kazu
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April 13, 2013, 06:43:59 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
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coined
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April 13, 2013, 06:46:27 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. |
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stereotype
Legendary
 Offline
Activity: 1554
Merit: 1000
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April 13, 2013, 06:47:11 PM |
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I am beginning to hate Gox more and more. I have fiat there, and could buy if the price is down, but I just can't trade with 25 minutes of lag. There is just no way to make sensible decisions.
Im done with Gox. Uncertainty and trading can never mix well. |
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Digikeys
Member
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Activity: 115
Merit: 10
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April 13, 2013, 06:47:39 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. But it was only a sell off from 114 to 110? Nothing that should induce too much panic? |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 13, 2013, 06:49:31 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. The triangle was done long ago. There was a 2000btc sell and then it rested at 110ish for a couple couple minutes while no one did anything. THEN the lag started. 2000 sell that causes a couple dollar drop isn't really a sell off. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 13, 2013, 06:49:49 PM |
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guess the current gox price is million dollars answer  |
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coined
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April 13, 2013, 06:50:06 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. But it was only a sell off from 114 to 110? Nothing that should induce too much panic? the price was consolidating into a narrow range, a triangle, people were waiting on a break out to see what way we are going, it broke down, and lag started. |
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Kazu
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April 13, 2013, 06:51:37 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. I was watching too. The triangle formed around $110, there was a "break" upwards, turned out to only bring it to $120 then down to $115, where it stayed for a while, then there was a "break" downwards, turned out to only bring it down to $110 again, stayed there for a bit lag kicked in and now we are screwed. |
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coined
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April 13, 2013, 06:52:06 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. The triangle was done long ago. There was a 2000btc sell and then it rested at 110ish for a couple couple minutes while no one did anything. THEN the lag started. 2000 sell that causes a couple dollar drop isn't really a sell off. see that couple of minutes when nothing happened? it was lagged, just no message, as lag starts before it tells you, I placed asks instantly on the movedown, and nothing happened, then minutes later we saw the lag, but it was there right away. |
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BitcoinAshley
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April 13, 2013, 06:52:58 PM |
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OMG, in this very thread, a few posts above, someone actually said they were going to stop using GOX!
This is a first.
Maybe people are learning!
It takes a long time to associate "incompetent programmers, failing infrastructure, constant lag, impossible to trade on" with "a service that I probably shouldn't voluntarily use."
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Digikeys
Member
Offline
Activity: 115
Merit: 10
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April 13, 2013, 06:53:18 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. But it was only a sell off from 114 to 110? Nothing that should induce too much panic? the price was consolidating into a narrow range, a triangle, people were waiting on a break out to see what way we are going, it broke down, and lag started. The same thing happened about four and a half hours ago, 114 to 111... no lag at all, buying resumed and bounced back to 116.. This doesnt seem like massive sell off lag to me |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 13, 2013, 06:54:42 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. I was watching too. The triangle formed around $110, there was a "break" upwards, turned out to only bring it to $120 then down to $115, where it stayed for a while, then there was a "break" downwards, turned out to only bring it down to $110 again, stayed there for a bit lag kicked in and now we are screwed. This, the triangle broke upwards many hours ago. In terms of lag, Coined, you experienced it first hand, I didn't. Whatever is happening right now is unacceptable. There is very little activity. |
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Kazu
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April 13, 2013, 06:55:30 PM |
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It seems pretty damn obvious to me that lag -> sell offs, not the other way around. BTC will never become omnipresent until gox ceases to exist.
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 13, 2013, 06:56:25 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. I was watching too. The triangle formed around $110, there was a "break" upwards, turned out to only bring it to $120 then down to $115, where it stayed for a while, then there was a "break" downwards, turned out to only bring it down to $110 again, stayed there for a bit lag kicked in and now we are screwed. This, the triangle broke upwards many hours ago. In terms of lag, Coined, you experienced it first hand, I didn't. Whatever is happening right now is unacceptable. There is very little activity.  |
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Kazu
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April 13, 2013, 06:58:07 PM |
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How can people say that the lag is caused by selloffs now. There was NO selloff going on, BTC had been at almost exactly $110 for nearly 12 hours. Yet people are running around trolling about Gox trying to manipulate the price upward with lag.
I was watching live, there was a decent sell off, and it broke the price triangle downwards, and that was the start of the lag. I was watching too. The triangle formed around $110, there was a "break" upwards, turned out to only bring it to $120 then down to $115, where it stayed for a while, then there was a "break" downwards, turned out to only bring it down to $110 again, stayed there for a bit lag kicked in and now we are screwed. This, the triangle broke upwards many hours ago. In terms of lag, Coined, you experienced it first hand, I didn't. Whatever is happening right now is unacceptable. There is very little activity. I don't get it. |
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ManBearPig
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April 13, 2013, 06:58:26 PM |
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This is what I'm saying: I'm looking at ALL trades on multiple charts, I don't see a ton of 0.01 or 0.02 trades, just normal, low-volume trade going on.
The attackers choose a high and a low point:
Put in spread bids at desired low-price, begin sell-off and commence DDoS at the same time.
This is the only thing that makes sense unless you have a tin-foil hat.
Would be interesting to look at the pattern of Bid wall development right before this happens.
I should screen record the next one.
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tbcoin
Legendary
Offline
Activity: 1022
Merit: 1000
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April 13, 2013, 06:59:51 PM |
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Btccharts wall pic please
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 13, 2013, 07:00:14 PM |
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Lag appeared to be dropping rapidly a couple minutes ago. Fell from 30+ and settled around 28 and is hovering.
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Digikeys
Member
Offline
Activity: 115
Merit: 10
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April 13, 2013, 07:00:43 PM |
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This is what I'm saying: I'm looking at ALL trades on multiple charts, I don't see a ton of 0.01 or 0.02 trades, just normal, low-volume trade going on.
The attackers choose a high and a low point:
Put in spread bids at desired low-price, begin sell-off and commence DDoS at the same time.
This is the only thing that makes sense unless you have a tin-foil hat.
Would be interesting to look at the pattern of Bid wall development right before this happens.
I should screen record the next one.
mtgox.com is still up and responding well tho? |
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