Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It's still hard to believe that some vulnerability like this surfaced just now with mtgox's tiny volume and not back in the old days when it was the market leader and thousands of people were trading there, with the ticker constantly on fire and shooting rainbows and fireballs everywhere.
Good point.
You're right, during the march bubble the traffic was alot higher and they should be able to handle it by now...
On the other hand it's gox and they never handled anything like they should.
I don't know, it was just a theory and it makes more sense (to me) than a hack or mark switching off the exchange because someone dumped a few hundred coins.
The api overloaded by an order book change by a bigger player explanation works for me, it fits well with the info at hand. But doesn't quite explain why only one person.. or 5 people were able to get 5 buys completed while the rest of the world watched and the website was down. Can it be chalked up to lag? alone I find it odd the 5 orders were all buys.