IMO Bitcoin is very healthy. Money is not running out. I could use a 2011 bid sum graph, anybody knows where to get it? Blockchained data starts in January 2012.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33618. (Read 26495506 times)
May 09, 2013, 11:08:58 AM
Yes: we're stable. In the meanwhile bid sum keeps creeping up, we're not very far from all time high (which was aprox. $23M).
IMO Bitcoin is very healthy. Money is not running out. I could use a 2011 bid sum graph, anybody knows where to get it? Blockchained data starts in January 2012.
IMO Bitcoin is very healthy. Money is not running out. I could use a 2011 bid sum graph, anybody knows where to get it? Blockchained data starts in January 2012.
May 09, 2013, 11:06:20 AM
Triangle closing in 1 hour?^^ http://www.sierrachart.com/image.php?l=1368115576935.png
May 09, 2013, 11:02:10 AM
May 09, 2013, 10:57:35 AM
nope, that's not it. I just tried exact same client from another host. works fine.
most likely my IP (or subnet, cause changing dyn ip doesn't help) is blocked by ddos protection (cloudfare). I can still use mtgox.com website, but according to ne0futur that's behind prolexic, not cloudfare.
Is the other host on a different subnet? If you are natted, they should have the same IP I would think.
other host is on completely different subnet (different provider)
May 09, 2013, 10:57:01 AM
Stable price with almost no volume is nothing to celebrate.
May 09, 2013, 10:56:29 AM
Tbh I think people are overestimating last night's mind DDOS. The API was unresponsive and the website down for like 15 minutes two times with a five minutes gap in between. It was already a period of extremely low volume. When it came back up the most notable thing was that a 200 BTC market buy drove the price up from 109 to 112 since asks were barren after the ~1kish dump that took it below 110.
You can't draw many meaningful conclusions amidst a no volume phase.
You can't draw many meaningful conclusions amidst a no volume phase.
volume is not low.
its not high, but its not low either.....
No, it's low.
their are many many daily candles that have much lower volume at lower prices.
if you think of volume in currency terms, the "low" volume we are seeing now was unheard of 2 months ago.
May 09, 2013, 10:54:09 AM
I think we finally did it, against all odds bitcoin is finally STABLE!
Stable Bitcoins Party!!!
Stable Bitcoins Party!!!
May 09, 2013, 10:53:02 AM
Tbh I think people are overestimating last night's mind DDOS. The API was unresponsive and the website down for like 15 minutes two times with a five minutes gap in between. It was already a period of extremely low volume. When it came back up the most notable thing was that a 200 BTC market buy drove the price up from 109 to 112 since asks were barren after the ~1kish dump that took it below 110.
You can't draw many meaningful conclusions amidst a no volume phase.
You can't draw many meaningful conclusions amidst a no volume phase.
volume is not low.
its not high, but its not low either.....
No, it's low.
May 09, 2013, 10:47:52 AM
Tbh I think people are overestimating last night's mind DDOS. The API was unresponsive and the website down for like 15 minutes two times with a five minutes gap in between. It was already a period of extremely low volume. When it came back up the most notable thing was that a 200 BTC market buy drove the price up from 109 to 112 since asks were barren after the ~1kish dump that took it below 110.
You can't draw many meaningful conclusions amidst a no volume phase.
You can't draw many meaningful conclusions amidst a no volume phase.
volume is not low.
its not high, but its not low either.....
May 09, 2013, 10:45:30 AM
Tbh I think people are overestimating last night's mild DDOS. The API was unresponsive and the website down for like 15 minutes two times with a five minutes gap in between. It was already a period of extremely low volume. When it came back up the most notable thing was that a 200 BTC market buy drove the price up from 109 to 112 since asks were barren after the ~1kish dump that took it below 110.
You can't draw many meaningful conclusions amidst a no volume phase.
You can't draw many meaningful conclusions amidst a no volume phase.
May 09, 2013, 10:41:39 AM
Someone needs to check Bitcoin still has a pulse ...
May 09, 2013, 10:30:05 AM
I think traders became resilient to DDoS. Not many newbies coming in (hey, the bubble popped), and usual traders know that if Gox goes down, their funds will be there as soon as it comes up again. No panic.
In fact, the last few days of huge lag where during mini-rallies, not during dumps... Didn't they?
In fact, the last few days of huge lag where during mini-rallies, not during dumps... Didn't they?
I agree. A lot less panic. The longer we're above $100, people generally accept that $100-$130 is a reasonable range/value for BTC. If Mtgox goes down, that doesn't mean it's about to hit $50. Before people were very skeptical of the value during the run up to $266. The longer we stay here the more "normal" and accepted it gets. A "crash" has turned into value buying for day traders and bots. Every DDoS has less impact, people wait it out and continue on their way. Less panic, more stability. Hopefully we keep some volatility. ;P
May 09, 2013, 10:22:03 AM
It's not just bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
what is remarkable is that there are no accompanying large sells on other markets and no panic. This is not the usual ddos play, is it?
This might be a "lost money and I'm pissed" ddos. Haven't seen much trade lag, looks like more of an attack on MtGox and not so much on the exchange itself.
May 09, 2013, 10:18:28 AM
Well, almost nothing's happened for the last 48 hours.
May 09, 2013, 10:17:31 AM
nope, that's not it. I just tried exact same client from another host. works fine.
most likely my IP (or subnet, cause changing dyn ip doesn't help) is blocked by ddos protection (cloudfare). I can still use mtgox.com website, but according to ne0futur that's behind prolexic, not cloudfare.
Is the other host on a different subnet? If you are natted, they should have the same IP I would think.
May 09, 2013, 10:14:24 AM
It's not just bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
what is remarkable is that there are no accompanying large sells on other markets and no panic. This is not the usual ddos play, is it?
I think traders became resilient to DDoS. Not many newbies coming in (hey, the bubble popped), and usual traders know that if Gox goes down, their funds will be there as soon as it comes up again. No panic.
In fact, the last few days of huge lag where during mini-rallies, not during dumps... Didn't they?
May 09, 2013, 10:12:46 AM
It's not just bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
what is remarkable is that there are no accompanying large sells on other markets and no panic. This is not the usual ddos play, is it?
May 09, 2013, 10:11:47 AM
It's not just bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.
May 09, 2013, 10:06:57 AM
Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.
Not to my knowledge. I guess there are simply no buy/sell signals for the bots.
What should a bot do if the market is moving sideways?
The error I'm getting with my bot is certificate verification failed. God only knows what they're up to.
Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.
interesting... I get "http 403: forbidden" on http api calls to data.mtgox.com.
interesting 2.) same client works from another host.
No bots? Interesting. Would it be a good moment to dump a huge amounts of coins? Maybe no stop/loss would be triggered, thus avoiding panic to certain extent... Or what I'm saying is wrong? Honest question, I'm curious.
Nono, "no bots" is wrong. It might be taking bot ops a while to figure out what's going on and what to do about it, but I don't think long. "less bots than normal", probably yes.
No stops triggered? Unlikely: bitfinex.com for example has working mtgox connection (it was down a while ago)
May 09, 2013, 10:05:02 AM
Prediction:
Soon the bot owners will realize they need to spoof an IP to get their bot back online. Total chaos will ensue.
Soon the bot owners will realize they need to spoof an IP to get their bot back online. Total chaos will ensue.
you don't seem to know much about networking. Spoofing ip address makes receiving answers from the service impossible (ip is spoofed, remember)?
You can however use a proxy or vpn gateway if you want to get around the fact that the ip of the host your bot is running on is blocked by cloudfare. it's as simple as using "ssh -L my.other.box.with.unblocked.ip"
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