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    Author Topic: Goxed - 15:30 open  (Read 29865 times)

    • JBDive
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    June 26, 2011, 07:38:37 PM
     #341
    Quote from: DamienBlack on June 26, 2011, 07:31:34 PM
    It seems they are letting a controlled about of trades through at a time, then pausing and going over them to insure that everything is working right.

    I think their prudence is a good idea. I don't think I could handle another screw up.

    But that artificially changes the market prices. I can see it sounding an alarm if they see multiple 1000BTC trades coming thus causing a manual review but to halt trading for a general review does not let market conditions control the price.

  • fujiwara
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    June 26, 2011, 07:39:17 PM
     #342
    [21:36]   MagicalTux   I'm working on depth/etc

    sounds good Smiley

  • NO_SLAVE
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    June 26, 2011, 07:40:09 PM
     #343
    what is this nonsense about a queue.  Thats dysfunctional as hell,  let the market handle the order by the highest bid and the lowest ask.

    Really I think Gox has Goxed itself. 

    http://i105.photobucket.com/albums/m224/w3cf/bs-meter.gif?t=1288011870

  • DamienBlack
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    June 26, 2011, 07:41:04 PM
     #344
    Quote from: JBDive on June 26, 2011, 07:38:37 PM
    Quote from: DamienBlack on June 26, 2011, 07:31:34 PM
    It seems they are letting a controlled about of trades through at a time, then pausing and going over them to insure that everything is working right.

    I think their prudence is a good idea. I don't think I could handle another screw up.

    But that artificially changes the market prices. I can see it sounding an alarm if they see multiple 1000BTC trades coming thus causing a manual review but to halt trading for a general review does not let market conditions control the price.

    Having the whole system down "artificially changes the price". They are getting things back up, I'm not going to complain that it isn't "perfect" for the first 5 or 6 hours. If you don't like it, come back tomorrow, it'll probably be running just fine by then.

  • JBDive
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    June 26, 2011, 07:43:02 PM
     #345
    There we go, dropping like expected now. I'm saying $11.50-12 is where is slows down and likely holds out till tomorrow.

  • GeniuSxBoY
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    June 26, 2011, 07:43:43 PM
     #346
    tradehill value is dropping like a mug
    Be humble!

  • dinzy
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    June 26, 2011, 07:44:26 PM
     #347
    Quote from: NO_SLAVE on June 26, 2011, 07:40:09 PM
    what is this nonsense about a queue.  Thats dysfunctional as hell,  let the market handle the order by the highest bid and the lowest ask.

    Really I think Gox has Goxed itself. 



    True, but the first trades actually define the market.  I am not sure they are actually queuing, or simply freezing the clock between the order book and  the order matcher.            

  • SlaveInDebt
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    June 26, 2011, 07:44:57 PM
     #348
    Quote from: dooglus on June 26, 2011, 07:36:30 PM
    Quote from: konakevin on June 26, 2011, 03:50:10 PM


    http://www.youtube.com/watch?v=043WEs_6TAo

    http://youtu.be/jQ69zf775tA
    "A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain

  • FreeMoney
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    June 26, 2011, 07:47:41 PM
     #349
    Quote from: elements on June 26, 2011, 07:34:24 PM
    My orders are still "In queue" for two hours now.

    unbelievable...

    One of mine "in queue" actually traded.
    Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.

  • dserrano5
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    June 26, 2011, 07:49:46 PM
     #350
    Volume is steadily increasing, seems they're no longer halting the trade.

  • GeniuSxBoY
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    June 26, 2011, 07:49:54 PM
     #351
    This is going to be like a great tsunami
    Be humble!

  • Klestin
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    June 26, 2011, 07:50:47 PM
     #352
    Quote from: NO_SLAVE on June 26, 2011, 07:40:09 PM
    what is this nonsense about a queue.  Thats dysfunctional as hell,  let the market handle the order by the highest bid and the lowest ask.

    Yes, and when there's more than one sell or buy order for the same price, which executes first?  The first one to be placed.  Hence the need for some sort of queue.  "Queue" may also describe how a placed order is put in play.

    Quote from: NO_SLAVE on June 26, 2011, 07:40:09 PM
    Really I think Gox has Goxed itself. 

    This one is harder to argue against.

  • Grant
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    June 26, 2011, 07:51:29 PM
     #353
    Quote from: GeniuSxBoY on June 26, 2011, 07:49:54 PM
    This is going to be like a great tsunami

    Chance for everyone to become an "early adopter" (if it falls enough) Wink

  • Bastet
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    June 26, 2011, 07:52:38 PM
     #354
    I think all of your executed trades will be rolled back.  Trading is not officially open and it's obvious they are beta testing their new code.  Damn shame they are doing it on their production servers.

    I just wish they'd POST A FIGGIN' UPDATE as to when things WILL OFFICIALLY OPEN so I don't miss the boat and I'm not here all friggen day pressing F-f*cking-5!!!!

  • YoYa
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    June 26, 2011, 07:53:35 PM
     #355
    Data starting to come back on line! Cheesy


    https://mtgox.com/code/getHistory.php

  • bitcoiners
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    June 26, 2011, 07:53:50 PM
     #356
    Quote from: Bastet on June 26, 2011, 07:52:38 PM
    I think all of your executed trades will be rolled back.  Trading is not officially open and it's obvious they are beta testing their new code.  Damn shame they are doing it on their production servers.

    I just wish they'd POST A FIGGIN' UPDATE as to when things WILL OFFICIALLY OPEN so I don't miss the boat and I'm not here all friggen day pressing F-f*cking-5!!!!

    Um, you are missing the boat right now.

  • Mark Oates
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    June 26, 2011, 07:54:30 PM
     #357
    Quote from: Bastet on June 26, 2011, 07:52:38 PM
    I think all of your executed trades will be rolled back.  Trading is not officially open and it's obvious they are beta testing their new code.  Damn shame they are doing it on their production servers.

    I just wish they'd POST A FIGGIN' UPDATE as to when things WILL OFFICIALLY OPEN so I don't miss the boat and I'm not here all friggen day pressing F-f*cking-5!!!!
    Are you a time-traveler!!!?  From the past!!?  Shocked Shocked Shocked Shocked

  • AtomicTrader
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    June 26, 2011, 07:58:03 PM
     #358
    Everytime I place a sell order below highest bid it doesn't complete, only to refresh and find that the highest bid is even lower. WTF!?! MtGox is screwing us with the order book, depth and trades data.

  • GeniuSxBoY
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    June 26, 2011, 07:59:07 PM
     #359
    about to break $14
    Be humble!

  • bitcoiners
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    June 26, 2011, 08:01:04 PM
     #360
    Quote from: GeniuSxBoY on June 26, 2011, 07:59:07 PM
    about to break $14

    I'm guessing it'll drop to around 10.50 to rise back up to 12 by this evening.
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