Post
Topic
Board Speculation
Re: What is going on? Trading volume is so low!
by
Questing
on 11/05/2013, 01:16:08 UTC

Since the DDOS yesterday, MtGox turned off API support for anything calling the older https://mtgox.com/api pages and is now only allowing orders to be placed through their data.mtgox.com url calls.

I haven't looked on the forum much but didnt see this announced anywhere. Over the next few days I imagine others who run bots will pick up on this, fix their code and re-start their bots.

*edit* To clarify, I believe the API functions to query order response / account data were changed.

Plz forgive my ignorance. Are the bots hostile toward Mtgox?

No, when I talk about bots, I mean the scripts that are written to trade on mtgox through their API. These scripts usually trade high volume (much more volume than users using the website interface).

Why do they use these bots? Do they analyzing data, and buying and selling btc automatically?