Re: WHAT IS MTGOX DOING WITH ITS LOOP

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?

Go to:
http://bitcoinwisdom.com/markets/mtgox/btcusd

and look at the 1 minute chart. That is what they are talking about.

Ah, I see. Thanks.

I am still confused by what you mean. Can you dumb it down for me please? All I see is that on MtGox that have stated the last trade was Last:$877.46 for quite a whilte.

Never trust that ticker on Mt.Gox's own site. It is very misleading as it gives you the impression that the last price reflects the current price or the market price, when it clearly doesn't.
see this post for a visual explanation:
https://bitcointalk.org/index.php?topic=359163.0