Post
Topic
Board Bitcoin Discussion
Re: Mt.Gox and the influence on the market
by
Nesetalis
on 05/06/2011, 15:12:27 UTC
Tux increased the Darkpool size from 1k$ to 10k$ orders

So this is what is going on.  It would have been nice if there was a broad announcement about this. Mt. Gox should have announced this more clearly on their site because was a significant change.  If I had known that this rally was being influenced by a new factor, my trade behavior would have been very different over the past 48 hours.

same, I was sad.. as I sold a bunch of bitcoins at 9$ the other day :\

as for the dark pools... its not illegal, its not 'wrong' its just trading.

Now that the size changed, their value is being reflected in the market. This isnt gaming, this is rebalancing, and the price will bounce for a while until everything is sorted out.