Topic: Wall Observer - MtGoxUSD wall movement tracker - page 57. (Read 1811564 times)
This is ridiculous. It rose all day and had no signs of going below $100.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
There is no manipulation here. Many bulls dropped from the game, and bears are prevailing now. The market always will go up and down, even a bear market. It's nothing unusual that it was rising for some time.
I really, really beg to differ.
We don't even need to beg to differ, haha, this lag start under completely normal trading conditions, no break up, no break down. A simple sale of 2000 down means next to NOTHING in this market now. But not only that, there was next to no activity immediately following that sale, things were calmish but lag rising. For the next hour even with that lag there was still generally little activity aside from a few panicing big orders.
101
i think it was just online vendors converting btx to fiat ...
i think it was just online vendors converting btx to fiat ...
101 my ass... bots trying to fight at that price with cents orders
I assume the BTC0.04 sells that have been going on through this whole thing are also a coincidence?
I'm not saying the price can't come back down, but there's nothing normal about how it's happening.
I'm not saying the price can't come back down, but there's nothing normal about how it's happening.
There is not too many 0.04 sells. There is a lot of 0.04 buy orders spread in order book which are executed one by one when someone sell 100BTC for example.
-Only allow verified accounts to trade (and close accounts that are obviously attacking the system)
Confiscate accounts and when the owner asks for the funds back, publish their info.
It is manipulation or incompetent bugs in their system. I question if ANY of them at Gox even know this is happening right now or if they are all just sleeping while their 24/7 exchange goes to hell.
ONE person sold 2000k form 115 down to 110. Then magically 10 minutes of lag had appeared within 5 minutes. It never stopped rising from there despite next to no real activity for most of that rise. The trading that has been happening is pretty typical and usually not laggy.
ONE person sold 2000k form 115 down to 110. Then magically 10 minutes of lag had appeared within 5 minutes. It never stopped rising from there despite next to no real activity for most of that rise. The trading that has been happening is pretty typical and usually not laggy.
It's their incompetence, nothing else. If I would guess how their system works, I would say:
Their "trading engine" is just a PHP script that keeps a queue of orders, and executes them synchronously with each trade being it's own locking transaction to prevent errors. PHP isn't exactly known for its raw processing speed, nor is MySQL, by default. Of course there ARE high-volume sites using PHP, but they often use many tricks to make it run faster (like Facebook which uses PHP but recompiles parts of it to barebones C, lookup "HipHop" for more details). They've said that upon executing an order they have to check all matching orders for their validity. This means grabbing a ton of data from MySQL and iterating over it. This, combined with slow message queue (which as I said probably is just a PHP script, not a 0MQ or something else), gives us what we see now. And when people see lag, they sell even more, thus adding more to the already blocked queue.
Remember, the site was designed to trade Magic the Gathering cards, not trading thousands of Bitcoins per minute.
101
i think it was just online vendors converting btx to fiat ...
i think it was just online vendors converting btx to fiat ...
This is ridiculous. It rose all day and had no signs of going below $100.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
There is no manipulation here. Many bulls dropped from the game, and bears are prevailing now. The market always will go up and down, even a bear market. It's nothing unusual that it was rising for some time.
I really, really beg to differ.
Lag increasing...
Has anyone contacted Gox about this issue.Trade engie bug or manipulation clearly something's wrong and they should have a statement.Nobody can beleve this is a coincidence of too intensive trading as the prevous explanations.
I've been trying on facebook and twitter. Their support desk sucks and always takes forever. No responses yet... they are all sleeping. Insane communication... they are horrible. ALl they need to say is 'we are working on it' but they don't. The seem to panic and freeze and say nothing. At least it feels like that.
I assume the BTC0.04 sells that have been going on through this whole thing are also a coincidence?
I'm not saying the price can't come back down, but there's nothing normal about how it's happening.
I'm not saying the price can't come back down, but there's nothing normal about how it's happening.
This is ridiculous. It rose all day and had no signs of going below $100.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
There is no manipulation here. Many bulls dropped from the game, and bears are prevailing now. The market always will go up and down, even a bear market. It's nothing unusual that it was rising for some time.
It's obviously someone exploiting the "have to refresh every open bid when any transaction is filled" in their shitty code. There are probably hundreds of dummy accounts with a thousand open bids (the limit according to Tux last time I asked).
It's such an easy fucking fix:
-Charge $1 per open order
or
-Limit the max number of open orders per account to 100 (or less)
or
-Only allow verified accounts to trade (and close accounts that are obviously attacking the system)
or
-All the above
96
some 150 btc chunks sold
and back to 101,6x
some 150 btc chunks sold
and back to 101,6x
down to 99 apparently with little volume
Has anyone contacted Gox about this issue.Trade engie bug or manipulation clearly something's wrong and they should have a statement.Nobody can beleve this is a coincidence of too intensive trading as the prevous explanations.
yep, it lagged for a minute, it's good now
Oh yes, and the decision to abolish trading fees, what bullshit. I would have added a $1 upfront per order.
+1
This is ridiculous. It rose all day and had no signs of going below $100.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
It is manipulation or incompetent bugs in their system. I question if ANY of them at Gox even know this is happening right now or if they are all just sleeping while their 24/7 exchange goes to hell. Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
ONE person sold 2000k form 115 down to 110. Then magically 10 minutes of lag had appeared within 5 minutes. It never stopped rising from there despite next to no real activity for most of that rise. The trading that has been happening is pretty typical and usually not laggy.
This is ridiculous. It rose all day and had no signs of going below $100.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
Do people really believe that so many people simultaneously decided to sell that 30 minutes of lag was created?
This is clear manipulation that gox still hasn't been able to prevent.
39 mins & rising now..
on a weekend... AFTER tuning their database 
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