Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Stop spreading FUD.
There was no hack or some other strange thing, it was just a huge market maker bot burning some money to clear and reshape his range of the orderbook:
This caused a spike in traffic and maybe killed the http API.
The websocket API was working all the time (60s lag though).
Very interesting.
So, these days a 700btc trade kills the mtgox api, but back in april/may on those days with the 200,000btc volume and the 20,000btc trades - well then it was just fine?There was no hack or some other strange thing, it was just a huge market maker bot burning some money to clear and reshape his range of the orderbook:
This caused a spike in traffic and maybe killed the http API.
The websocket API was working all the time (60s lag though).
Very interesting.