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Topic: Huge selloff + Ordering not possible on MtGox - page 2. (Read 13210 times)

full member
Activity: 224
Merit: 100
How about considering a different exchange...like FOREX?

full member
Activity: 126
Merit: 101
I am fairly sure it was a real order. Some people are reporting getting existing low bids filled. It was one very very large sell order, new orders were not able to be placed until it finished executing.

Edit: On the subject of hacking, I had USD and BTC in my Mt.Gox account and neither was effected.
sr. member
Activity: 462
Merit: 250
I was able to get into the site while it was just over 1 dollar, I entered my bid at 0.8 but it kept giving "another trade in progress... blahhh"

if the site was actually useable while it was happening I should have been able to buy up a bunch, but no luck for me Sad
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
time to consider leaving this trading platform....
fix'd
hero member
Activity: 527
Merit: 500
I think that hackers used a lot of hacked accounts to buy every btc they could get. Before doing this, they got a legit mtgox account and placed buying orders at fkn low prices like usd 0.01. That way they were able to steal the usd from the hacked accounts.
jr. member
Activity: 50
Merit: 10
I had a buy order in at 10 that didn't get filled and actually the order has disappeared entirely from my Mt. Gox account.
hero member
Activity: 602
Merit: 500
So I take it the only people who were able to buy in this huge selloff, were poeple who actually had bid orders placed before this selloff?

Was anyone able to buy it during the selloff.

I got totally screwed here because I am waiting for my dwolla account to deposit my money from my bank account. I did not know dwolla took that long or I would have had money in mt. gox, and would have bought at less than $1.00 because I watched this whole thing unfold.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
===== PLEASE READ THIS!! =====


I WOULD NOT PUT ANY TRADES ON UNTIL WE HEAR FROM MARK!!! CLEARLY Mtgox has been hacked. What is happening is NOT somebody "dumping" their bitcoins to "cash out". Somebody managed to break into it, and it is playing with the database. We need to wait until Mark (Mtux) has a chance to check this mess.

If you put more orders, it will only mean overloading the system more and more, and more work afterwards to try and weed out good trades from bad trades.

ALSO, PLEASE DO NOT CASH OUT ANY MTGOX USD TO ANYBODY (LIKE BUYING MTGOX USD FOR A MONEY PACK) UNTIL WE HEAR FROM MARK!!

This is an ILLUSION created by a bunch of bots to create panic. DO NOT CONTRIBUTE TO IT!

1) They are clearly "under attack" in terms of accessing the site.
2) No one really knows if the huge order was real, we cannot assume it was fake since they got good prices on the first part of the order.*

*Edit: Obviously something is strange about all of this...

If you are correct, then it could be days before trading resumes.  Shocked
newbie
Activity: 42
Merit: 0
mtgox completely offline now?
was able to place an order when it was under 1$ but didn't receive ANY btc...
just think someone messed with the mtgox db.. don't think this was any legit trade

time to consider a security update on this trading platform....
sr. member
Activity: 336
Merit: 250
yung lean
your limited to withdrawing $1,000 worth of bitcoins a day
jr. member
Activity: 48
Merit: 9
i had an open buy at $1 and it got filled.  made about $200k assuming bitcoins stay where they are around $10, crazy shit.  Should I transfer my coins to an external wallet?

Holy jesus, so people did make out. Can you verify that these are legit bitcoins that you can move out to an external wallet?



moving them now...

edit: no wait, mt gox is limiting my daily withdrawal


I call bullshit.

well, I got 80 of 22k bitcoins out of my account Tongue  fingers crossed I can get the rest when the site comes back
member
Activity: 86
Merit: 10
Who has the sense to pay $10+ for something that people bought for less than $1 minutes ago?

Because it is the game* on a way to a more stable market - there are winner, there are loser. Lucky for all that had a nicely low bid at the right time. Unfortunately, I had not, but nevertheless great fun watching the market at http://bitcoinity.org/markets Cheesy


*You just lost Tongue
full member
Activity: 140
Merit: 101
i had an open buy at $1 and it got filled.  made about $200k assuming bitcoins stay where they are around $10, crazy shit.  Should I transfer my coins to an external wallet?

Holy jesus, so people did make out. Can you verify that these are legit bitcoins that you can move out to an external wallet?



moving them now...

edit: no wait, mt gox is limiting my daily withdrawal


I call bullshit.

edit: I can't even access the site but you're just cruisin' through getting stuff done..........hmmmmmm.
hero member
Activity: 868
Merit: 1008
Can anyone confirm that they had bitcoins in their mtgox account that were sold without them placing the sell order???

I personally never, ever leave any bitcoins on deposit at mtgox (nothing against mtgox, but just prudent IMO).
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
Is anyone who was lucky enough to login to MtGox and buy a lot of bitcons at this absurd price also generous enough to donate any to those of us who weren't? Smiley
full member
Activity: 126
Merit: 101
I have a feeling there may be after shocks from that sale over the course of today.
donator
Activity: 296
Merit: 250
===== PLEASE READ THIS!! =====


I WOULD NOT PUT ANY TRADES ON UNTIL WE HEAR FROM MARK!!! CLEARLY Mtgox has been hacked. What is happening is NOT somebody "dumping" their bitcoins to "cash out". Somebody managed to break into it, and it is playing with the database. We need to wait until Mark (Mtux) has a chance to check this mess.

If you put more orders, it will only mean overloading the system more and more, and more work afterwards to try and weed out good trades from bad trades.

ALSO, PLEASE DO NOT CASH OUT ANY MTGOX USD TO ANYBODY (LIKE BUYING MTGOX USD FOR A MONEY PACK) UNTIL WE HEAR FROM MARK!!

This is an ILLUSION created by a bunch of bots to create panic. DO NOT CONTRIBUTE TO IT!
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
Beware the trolls.
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
I think someone hacked mtgox,  selling all BTC from everyone's accounts
Yep, I think it's good time to sell after all

No, actually it's a good time to hold. But sell if you want, I'll add your underpriced coins to my collection Wink
I prefer $13 sure now, I bought them at $13.5 anyway
hero member
Activity: 910
Merit: 1005
Who has the sense to pay $10+ for something that people bought for less than $1 minutes ago?
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