Quote from: BitBuster on April 11, 2013, 03:06:04 PM

All trading on Mt.Gox has been frozen until 02:00 UTC.
This is supposedly due to the huge lag (apparently this time caused by another DDoS attack) experienced for the last few hours (though it was down to single digits just before the freeze?).

Is it right that Mt. Gox interferes with the market when the price plummets, even though this is because of its own system's performance? Especially as it did not do the same for the two previous occurrences (yesterday and last week), thus reneging on a precedent without advanced warning or formal policy change?

There will be people who sold this time on the expectation that, if left alone, the price would have continued to descend (as it did on previous occasions). Is it right that this was not allowed to happen and those same people may stand to lose on account of extraordinary manipulation?

Of course, DDoS attacks in this context are a deliberate attempt to defraud - but they were allowed to run their course and others were also allowed to profit from buying at the end of such occurrences. Why is that different from people attempting to profit by selling on the way down?

BB.

Gox is correct to suspend trading if they cannot provide a fair (meaning no variable lag) market due to too much demand. Their mistake was signing up too many accounts before upgrading their hardware.