Sorry for the noob question, but would someone be able to breakdown what's happening, for me?
Yes what is this loop you people refer to? Connection problems? Latency? Other exchanges work fine and price seems stable. So why the panic?
Because it's MtGox and before the loop, price were going down.
The loop created panic for a few minutes, but everything's fine by now. We should have a nice rebound.
Except that the faith in MtGox is affected.