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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31112. (Read 26484761 times)

sr. member
Activity: 378
Merit: 250
Bitcoin wisdom keeps showing old data.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
fuck gox

is stamps working?
full member
Activity: 142
Merit: 100
sum ask is still 29 337 BTC on mtgox order book. yeah right.
legendary
Activity: 896
Merit: 1000
Guys.. there was a real 6000-8000BTC market sell.

However Gox trade protection kicked in, and its looping the same sell over and over. So basically Gox is retarded.

How does this protection work?

Not sure. Its probably some sort of hack protection, in case someone fucks the exchange up.

So it reverts the [massive sell, in this case] and for some reason keeps replaying it.

Then it finally stops looping and the exchange functions from then on. The sell, of course, not reverted.

--

Random question though: Why do altcoins:BTC drop when BTC:USD drops?? Shouldnt it remain constant?
full member
Activity: 168
Merit: 100
Went over to bitcoinity and was greeted by "don't panic"  I Lol'd.
hero member
Activity: 546
Merit: 500
hm
Lol bitcoinwisdom says a volume of 300 000btc the last hour. So the last 3min? ^^
hero member
Activity: 686
Merit: 500
Ultranode
This loop "protection" thing is silly. It gets triggered when someone executes a massive market sell. Once the loop ends, the trader will almost certainly try to sell again, but in smaller quantities to prevent another loop. Thus, anyone who sees the loop knows what direction the market will go when the loop ends.

Gox is giving an significant advantage to traders on other exchanges...

 Cheesy Cheesy Cheesy
sr. member
Activity: 378
Merit: 250
my god.

ober bear is selling none stop...

Holy shit batman!

If we break to $700's it's going down!

Why does it keep looping back to sells at $875?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
this is bad.

this is really bad

wtf gox just let them sell so we can buy cheap

wtf is wrong with gox.
hero member
Activity: 980
Merit: 1001
my god.

ober bear is selling none stop...

Holy shit batman!

If we break to $700's it's going down!
hero member
Activity: 518
Merit: 500
My thoughts: Someone put a sell order >20k BTC in, gox decided to rewind the orderbook output a few times on the way down so they have enough time to sell elsewhere.
sr. member
Activity: 378
Merit: 250
I see the GoxLoop ™ is going again
Is that where they try to make you think it isn't as low as it is by replaying the data from 5 minutes ago?
sr. member
Activity: 252
Merit: 250
bitcoinwisdom isn't showing the same rollbacks as a week ago... i'm not sure this is a gox protection thing again
hero member
Activity: 546
Merit: 500
hm
Guys.. there was a real 6000-8000BTC market sell.

However Gox trade protection kicked in, and its looping the same sell over and over. So basically Gox is retarded.

How does this protection work?
full member
Activity: 168
Merit: 100
Is this normal. Only!!! Big sells since 10 minutes on gox.Is gox hacked?

Volume is freaking HUGE.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
fuck no one is stopping this one
maz
full member
Activity: 140
Merit: 100
some one desperately trying to save the price by putting 870 buying walls, the bad news is that few thosedns of these walls got eaten in seconds

i believe it might be gox's system fucking up and doing rollbacks
full member
Activity: 189
Merit: 100
Hello
I see the GoxLoop ™ is going again
legendary
Activity: 896
Merit: 1000
Guys.. there was a real 6000-8000BTC market sell.

However Gox trade protection kicked in, and its looping the same sell over and over. So basically Gox is retarded.
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