Topic: mtgox to crash any time now (Read 3530 times)

How are my statements different? According to Mt Gox, they lagged out because of success during a large round of sign-ups, because of DDoS, because of panic selling, etc. They've given those three excuses, so is that even debatable?? I see the same lag no matter what the excuse, so it leads me to question their excuses.

And when the price drops substantially, the vast majority of the time we do lag. I'm not even sure what you're debating and what I've said that isn't factual.

Take today, for instance. We trend lower to $123 then lag out. We slowly make it to 120, lag out even more, then bounce to 145 in less than a minute. Is that the work of some nefarious manipulator trying to destroy the price? If so, they failed miserably. There was absolutely no sign of manipulation while we were trending lower. The bizarre pricing action didn't start happening until after the lag and happened to the upside.



I haven't seen them lag out on the upside as I said I have not been watching it closely for the past week or so. I'll take your word for it. I certainly did not see lagging on the upside during March and the first half of April, which is the period we were discussing, at least while I was watching it. Yes, I did read that it lagged after the big crash and, as I said, I saw trading bots pushing it lower, I believe, the day after the lag....that made me feel a little better (to see it on both sides) because I had not seen that in the weeks before the crash. I believe I posted something to that effect.

I do not associate the dips with lags in the same way that you obviously do.....the dips happen before the lags, just like today. How hard is that to understand? If we trend sharply lower without a sign of manipulation (as happened weekly leading up the real crash, and today) and then we DDoS, or lag out, and the price does not move substantially lower after the lag (or bounces), why would I associate the lag with a trend lower as cause and effect?

If something is creating that lag to move the price down, then it is having the opposite effect almost every time. If someone is creating it protect the price, then its generally working. Because you don't think it's coincidental, you obviously think someone has a motive. So I guess in your mind they are failing miserably. I see it from the other side of the coin. I think they (whomever they be) are successful most of the time.....selling was simply too strong on April 11th.

I can tell you are emotionally invested in this. I'm simply stating what I'm seeing. My goal is not to upset you or anyone else, and I'm certainly not trying to provoke personal attacks. I fully respect your viewpoint. We simply disagree.

This was not what you said about 12 days ago, you predicted that Gox will lag whenever the price starts dropping.

And your way of argument is pathetic, it's like saying"If my opponent beats me then he uses foul play, if I beat him then it's because I am too powerful that even his foul plays are ineffective."， Wonderful， keep'em coming.

You also conveniently ignore the fact that Gox also lagged profusely during a lot of spike-ups, the most recent ones are just after the crash and well "documented" in the wall thread, check it out.

Of course you would also consider the many(not just one, please) instances of simultaneous price dips and DDOSes  to be mere coincidences, or Gox just made them up to make everything looks real, who knows.

Well, I never said there weren't DDoS attacks and I never said they have a crash proof trigger (impossible). I don't buy into the notion that the sell-offs were created by DDoS attacks but do not dispute that they ever occurred. The DDoS attacks became the perfect excuse to blame any sell-off, whether or not each outage was a DDoS related event. And they did 'cool-off' trading on the downside. It is my belief that lags prevented sell-offs up until April 11th when selling was too great.

These lags could've been orchestrated by anyone, sure. Or, they could've been coincidental and inherent to poor trading engine design. Either way, they occurred conveniently at support levels along with trading bots that were supporting the bid. Because I believe the lag/trading bot combo actually prevented sell-offs (or attempted, on April 11th), I believe that, if it was orchestrated by something, it was meant to keep the price up.

I am glad they are gone so everyone can stop blaming them for sell-offs, which will naturally occur. We would've crashed on April 11th regardless of any lag because we had moved to far too fast. The sell-off in large blocks was well under way before the lag.

I take it they've improved their system, which is good, so the lags may have been coincidental (although the bot support wasn't). I haven't noticed lags on the way up because I have not been watching it very closely, but I'm glad to hear that they are now occurring on the upside. I also noticed bots pushing the price down after April 11th, but I hadn't seen much of that prior.

There has been manipulation in this market on both sides, IMO.

I probably suck at being a shill because I'm not a shill.

nothing simple mtgox sometime drop Europeans

It's working fine; what's wrong with your connection?

not here :/

It's up for me.

down again :/

What about complete disregard of FACTS?

Mind you, the Gox price bounced from $54 to $136, then crashed back to $50, in the whole process their trading engine didn't break a sweat, if they really have a crash-proof trigger why did they not pull it?

What about the numerous lags during the spike up in the last few days?

And what about the multiple charting/exchanging services down at the same time with Gox?

Not to say Prolexic's threat advisory about Gox, obviously you had never paid attention to.

And what did all this have to do with what I do for a living? A troll can do anything for a living, or did you entertain with the idea that I implied you are a paid shill? Sorry I don't consider it probable, as I have dealt with many shills in my life, you simply suck at it that I would not consider you to be a professional.(but yeah, anything can happen)

Now let me offer you a much more proper and elaborated conspiracy theory: A DDOS attack would not cost much, normally something between $200 and $2000, Gox could simply go to a botnet operator and pay him to attack themselves, whenever they feel the need to manipulate the price, it would be much more difficult to uncover then the silly plot of shutting down the service whenever things go out of control.

Try harder next time.

Yes and anyone can claim they sold at a particular price and bought back in a particular price after the fact lol. Good job buddy

Wow, the worst kind.

I would love to learn more about you. What do you do for a living?

And I'm curious; what makes me a troll in your mind?

There are trolls who are so pathetic that people didn't even care to ignore them.

who misses the old gox where you could sell and buy fine, only thing was you could never get your money out?

Sorry, but I guess my ass just got fatter, sold at $159 bought at $146

still down for me



Mtgox offer great service by allowing only some users to buy

144 usd => 157 usd (within 2 min) ...
Stupid bulls came back

pretty good price, if you sold higher

good day for trading today

$146 = my buy

yea, they hunt for cheaper buy in good luck i will say

+1