Wall Observer - MtGoxUSD wall movement tracker

[Jaques]

I love this show.

yeah, a lot of entertainment for the money ...
lucky me, i got my initial investment and some profit out a couple of days before the "crash"
having a free ride now with my remaining bitcoins ...
ready to re-"invest" as soon as the dust settles and short-term up-trend is re-established ...

[seleme]

11 minutes of trading, 9 minutes of lag. ycnmiu

[Luis_GT]

Up to 10 minutes now!

[ManBearPig]

Did you see how quickly the lag dropped from 51m to 11m once they'd stopped orders?

[Terpie]

Another cooldown (15 mins)

[NamelessOne]

11 minutes of trading, 9 minutes of lag. ycnmiu

I'd do another cool down right now. That last cool down killed 45-50 mins of lag in about 10 minutes. I'd bet 10 minutes of lag could be killed in like 2 minutes. The market would hardly notice.  Of course more lag would probably arrive... but the cooldowns would alleviate the problem bit by bit.

[just1nmc]

The number of trades executing doesn't seem to justify the amount of lag building up..

[Luis_GT]

Just a lil bit higher!!  You can do it!!!

[seleme]

wow, 800 coins sold at 98, who the hell would buy at that price in this situation

[NamelessOne]

Another cooldown (15 mins)

Awesome! They are listening! Who knows if they have seen my messages to them, but I've been spamming them with suggestions for a 10 minute limit on lag, lol. It won't even take 15 minutes to kill 10 mins of lag. I feel they are smart to do this until their trading engine is overhauled.

[NamelessOne]

The number of trades executing doesn't seem to justify the amount of lag building up..

+1, this! Ive been saying this for like 3 hours now. Especially when this all started. NOTHING was happening. The market was dead aside form 1 large 2000btc sell that didn't even cause panic.

[zarl]

wow, 800 coins sold at 98, who the hell would buy at that price in this situation

Keiser

[bb113]

The number of trades executing doesn't seem to justify the amount of lag building up..

+1, this! Ive been saying this for like 3 hours now. Especially when this all started. NOTHING was happening. The market was dead aside form 1 large 2000btc sell that didn't even cause panic.

Its the number of orders that change that matters, not the price movement or volume.

[positive]

During the cooldown orders executed fast because the "no funds" asks couldnt be placed so they weren't recalculated.But they are still there so now they are recalculated after the trading began.That's why the lag is still building.I hope someone is investigating witch accounts place this orders because this will go on forever.The 17 april change is clearly needed although bots from many account will still be able to place many orders to replicate the effect so there should be some kind of limit on the number especialy of small orders witch are clearly suspicious when placed in large quantity.

[seleme]

I'm very surprised that price is still at this range.

[Krabby]

I think i'll just stick a bunch of orders at 86.
I waited too long last time.
Keep the ones at 75 & 65 though.

[NamelessOne]

True, but those orders were doing very little to the price for an hour. It wasn't panic mode. Other people have theorized it was a order spamming bot.

[Luis_GT]

cooldown til 21:30

[seleme]

There were much more "up" bot orders than "down" ones in last 2 hours. Bots saved it from much harder crash. For an hour at least when price was bouncing few cents orders kept it up.

[hobbes]

The number of trades executing doesn't seem to justify the amount of lag building up..

this. gox is messing it up just like in 2011.

lag suddenly gone.