Author

Topic: glitches in market data (Read 1092 times)

member
Activity: 81
Merit: 10
November 28, 2011, 11:00:40 PM
#9
you should see it try and cope with the current trading, it just doesn't know what to do and needs refreshing
hero member
Activity: 630
Merit: 500
November 28, 2011, 10:22:51 PM
#8
glitch in the matrix. not the first time it has happened and won't be the last.

How do I tell a glitch from legitimate data?  This one is obvious, but how do I know there aren't less obvious glitches? How do I know that the whole MtGox price is not a glitch?  As much as I generally appreciate the service MtGox has been offering, problems like this one make me wish for a third-party audit.


  That chart isn't exactly designed to be used as a tool to aid in trading decisions.. It's really neet to look at but if you want info to use for your trading activity you want to look at the ticker and orderbook in a more structured manner. i.e., write a script for it or use one of the many trading apps out there that will let you plug in api data.
I used it all the time to make major trading decisions.  It is the best way for me to see the depth chart visually.  I can see the walls and position my buys/sells in front of them so that when the price really starts to swing I can catch the swing instead of being on the other side of the wall and miss out entirely.
hero member
Activity: 548
Merit: 502
So much code.
November 28, 2011, 07:00:43 PM
#7
  That chart isn't exactly designed to be used as a tool to aid in trading decisions.. It's really neet to look at but if you want info to use for your trading activity you want to look at the ticker and orderbook in a more structured manner. i.e., write a script for it or use one of the many trading apps out there that will let you plug in api data.

Agreed. Here is a shameless plug for such an orderbook: bitcoin.clarkmoody.com
hero member
Activity: 868
Merit: 1000
November 28, 2011, 06:25:04 PM
#6
mtGox.com needs a third party audit.

Glitches are pretty common, I've seen it many times the last months.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
November 28, 2011, 12:59:42 PM
#5
  That chart isn't exactly designed to be used as a tool to aid in trading decisions.. It's really neet to look at but if you want info to use for your trading activity you want to look at the ticker and orderbook in a more structured manner. i.e., write a script for it or use one of the many trading apps out there that will let you plug in api data.

You are missing my point here. That chart IS (was) generated based on the API data. It is reasonable to assume that the glitch was in the data, not in the chart. It wouldn't be the first time.
hero member
Activity: 504
Merit: 500
November 27, 2011, 10:17:53 PM
#4
glitch in the matrix. not the first time it has happened and won't be the last.

How do I tell a glitch from legitimate data?  This one is obvious, but how do I know there aren't less obvious glitches? How do I know that the whole MtGox price is not a glitch?  As much as I generally appreciate the service MtGox has been offering, problems like this one make me wish for a third-party audit.


  That chart isn't exactly designed to be used as a tool to aid in trading decisions.. It's really neet to look at but if you want info to use for your trading activity you want to look at the ticker and orderbook in a more structured manner. i.e., write a script for it or use one of the many trading apps out there that will let you plug in api data.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
November 27, 2011, 09:25:21 PM
#3
glitch in the matrix. not the first time it has happened and won't be the last.

How do I tell a glitch from legitimate data?  This one is obvious, but how do I know there aren't less obvious glitches? How do I know that the whole MtGox price is not a glitch?  As much as I generally appreciate the service MtGox has been offering, problems like this one make me wish for a third-party audit.


hero member
Activity: 672
Merit: 500
November 27, 2011, 08:53:15 PM
#2
glitch in the matrix. not the first time it has happened and won't be the last.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
November 27, 2011, 08:43:04 PM
#1
what happened here?
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