Re: What a coincidence, value plummets and MT. Gox magically lags.

I think its because its intentionally built to mitigate flash sell-offs, so MtGox can front-run and unload their coins at the front of the line. Front-running is a *guaranteed* occurrence here, and MtGox doesn't even forbid their employees from holding BTC.

Quote from: lewicki on May 02, 2013, 03:05:46 PM

Quote from: Shinobi on May 02, 2013, 01:51:59 PM

Come on folks, you are being played by Mr. Karpeles. For the BTC community to not have moved past such an obvious front-running operation is truly a product of a gathering of magic.

That's because MtGox can only handle 36 transactions per second:
http://www.reddit.com/r/Bitcoin/comments/1cc72b/the_maximum_number_of_trades_mt_gox_can_handle/

as more an more orders come in the lag builds up.