Bitcoin Forum
December 03, 2016, 03:46:39 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: How will this mtgox screw-up affect the price?  (Read 4191 times)
copumpkin
Donator
Sr. Member
*
Offline Offline

Activity: 266


I'm actually a pineapple


View Profile
July 21, 2012, 06:32:26 AM
 #21

I thought this was the usual mtgox tripwire that freezes the trading engine when big orders hit it, but it turns out the trade engine is actually in a loop, relaying the same big transaction over and over again with new timestamps and new transaction IDs (if you run your own socket.io client, you can see this). The thing climbs from 8.79 to 9.30 (~30k btc) and then snaps back to 8.79 and does it again, over and over again.

A bit disturbing, as always.
1480779999
Hero Member
*
Offline Offline

Posts: 1480779999

View Profile Personal Message (Offline)

Ignore
1480779999
Reply with quote  #2

1480779999
Report to moderator
1480779999
Hero Member
*
Offline Offline

Posts: 1480779999

View Profile Personal Message (Offline)

Ignore
1480779999
Reply with quote  #2

1480779999
Report to moderator
1480779999
Hero Member
*
Offline Offline

Posts: 1480779999

View Profile Personal Message (Offline)

Ignore
1480779999
Reply with quote  #2

1480779999
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480779999
Hero Member
*
Offline Offline

Posts: 1480779999

View Profile Personal Message (Offline)

Ignore
1480779999
Reply with quote  #2

1480779999
Report to moderator
Bitcoin Oz
Hero Member
*****
Offline Offline

Activity: 700


Wat


View Profile WWW
July 21, 2012, 06:35:21 AM
 #22

Wow someone opened their warchest didnt they.

Serge
Legendary
*
Offline Offline

Activity: 1050


View Profile
July 21, 2012, 06:35:39 AM
 #23

later in headlines: After huge outage of major bitcoin exchange, bitcoin rate seems surprisingly stable and on track with rallying without a diminished demand.  Cool
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 06:40:47 AM
 #24

later in headlines: After huge outage of major bitcoin exchange, bitcoin rate seems surprisingly stable and on track with rallying without a diminished demand.  Cool

market will be volatile once trading resumes

Pirate: Hey Mark, do you think you could halt all trading so I can buy all the bitcoins?

Mark: Sure no problem, just do me one favor in return, since you will have all the bitcoins I would like to collect a 7% interest rate on top of all bitcoins you will have.

Pirate: But there are no more bitcoins.....

Mark: Too bad, sucks to be you.


 Grin Grin Grin

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
zhalox
Full Member
***
Offline Offline

Activity: 175


XMR = BTC in 2010. Rise chikun.


View Profile
July 21, 2012, 06:53:08 AM
 #25

Who knows, maybe bitcoin will spike to $15 or $20 next week lol  Grin

kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 06:57:26 AM
 #26

someone plz answer this question: what happened to the price after this happened the first time??

Yuhfhrh
Full Member
***
Offline Offline

Activity: 238



View Profile
July 21, 2012, 07:01:40 AM
 #27

someone plz answer this question: what happened to the price after this happened the first time??

Well last month after the outage, trading went on as usual (it had no effect.) But this is a different kind of outage...
bb113
Hero Member
*****
Offline Offline

Activity: 728


View Profile
July 21, 2012, 07:03:12 AM
 #28

A similar thing happens every weekend. Gox is run 80% manually or something.

Also bitcoin is just a big experiment to test what would have happened if the fed acted different during the past decade that is getting out of control right now.
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 07:23:07 AM
 #29

someone call magicaltux plz. i want to go to sleeep

smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 07:24:45 AM
 #30

right now its the middle of the day in Japan. They should be working on this. But I would also expect to see some sort of public announcement saying whats going on and when trading will commence.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 07:28:58 AM
 #31

right now its the middle of the day in Japan. They should be working on this. But I would also expect to see some sort of public announcement saying whats going on and when trading will commence.
well, it is the weekend. So he's not receiving any support e-mails, and will probably be unaware of this issue until he checks his e-mail on monday unless someone calls him. I don't have his phone number or else i would. I know someone on this forum has his phone number. Plz tell him whats going on.

Jointops420
Full Member
***
Offline Offline

Activity: 132


View Profile
July 21, 2012, 07:35:26 AM
 #32

Dear MtGox,
Any chance of letting your customers know what's going on in a timely manner? You know, customers the people who have millions tied up with you and are the very reason that you are making money.
Also can you do something about that atrocious Mtgox live site and have something that is really in real time and doesn't freeze up when there's more than one trade going on at the time.
Thanks
Other than that I have no problems with your service everything else has worked good for me.
myrkul
Hero Member
*****
Offline Offline

Activity: 532


FIAT LIBERTAS RVAT CAELVM


View Profile WWW
July 21, 2012, 07:38:01 AM
 #33

Other than that I have no problems with your service everything else has worked good for me.

Other than that, Mrs. Lincoln, how was the play?

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
Need Dispute resolution? Public Key ID: 0x11D341CF
No person has the right to initiate force, threat of force, or fraud against another person or their property. VIM VI REPELLERE LICET
zvs
Legendary
*
Offline Offline

Activity: 1386



View Profile WWW
July 21, 2012, 07:42:35 AM
 #34

someone plz answer this question: what happened to the price after this happened the first time??

price went up for a few days

then it dropped down to $2

Dacentec, best deals for US dedicated servers. They regularly restock $20-$25 Opterons with 8-16GB RAM & 2x1-2TB HDD's (ofc, usually lots of other good stuff to choose from).  I did a Serverbear benchmark of one of my $20/mo Opteron (June last year), it's here.  Have had about a half dozen different servers with Dacentec, & none have failed to sustain at least 40MB/s (burst higher). My favorite is a 12-month rent-to-own ZT Systems 2XL5520 16GB 2x2TB SATA for $40/month (got lucky with the 'off-brand', haven't seen a RTO 2xL5520 for under $50/mo since -- at least for monthly contracts).  wholesaleinternet.com has some ancient 2-core intel CPUs @ $10/mo sometimes (I got an Intel Core 2 6300 @ 1.86GHz, with a 250GB HDD with 46000 hours on it, LOL. $20 @ Dacentec is much better, if you can grab one). joesdatacenter.com (same location as Wholesale Internet) also occasionally has specials (or if you don't want to wait, it has an AMD Opteron 170 @ $16/mo).
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 07:42:39 AM
 #35

I just sent mark an email on three of his different email addresses.

Hopefully he gets at least one of them. Also emailed info@mtgox.com.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
copumpkin
Donator
Sr. Member
*
Offline Offline

Activity: 266


I'm actually a pineapple


View Profile
July 21, 2012, 07:44:50 AM
 #36

I think it will make some big investors lose faith in bitcoin and there will be a massive dump as soon as they come online. I really don't want to stay up all night to wait for them to come online so i can sell all my coins Sad   

any thoughts?

Not to be an asshole, but can you change the subject to say "affect" instead of "effect"? Tongue
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 07:48:41 AM
 #37

I think it will make some big investors lose faith in bitcoin and there will be a massive dump as soon as they come online. I really don't want to stay up all night to wait for them to come online so i can sell all my coins Sad   

any thoughts?

Not to be an asshole, but can you change the subject to say "affect" instead of "effect"? Tongue
ty for pointing that out. I'm also a stickler about stuff like that. I can't believe i screwed that one up :p

kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 07:49:39 AM
 #38

I just sent mark an email on three of his different email addresses.

Hopefully he gets at least one of them. Also emailed info@mtgox.com.
tyvm. I WANT TO TRADE! GRRR!

mc_lovin
Legendary
*
Offline Offline

Activity: 1134


www.bitcointrading.com


View Profile WWW
July 21, 2012, 07:51:10 AM
 #39

I was wondering what was going on... I was selling a few coins at $9.25 and I got excited when I saw clarkmoody at $9.30... It was like puuuurfect timing, I check gox and it didn't go through...  I thought I was trippin'...  

someone plz answer this question: what happened to the price after this happened the first time??

price went up for a few days

then it dropped down to $2
If the price drops to $2 again, I'd be in heaven!  I was asleep at the wheel when that went down.

Yuhfhrh
Full Member
***
Offline Offline

Activity: 238



View Profile
July 21, 2012, 07:53:05 AM
 #40

I just sent mark an email on three of his different email addresses.

Hopefully he gets at least one of them. Also emailed info@mtgox.com.
tyvm. I WANT TO TRADE! GRRR!

3 AM... Can't sleep... Must keep refreshing everything! MT Gox fix this so I can go to bed lol
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!