OpenRuby.com

16 Aug '12, 1pm

Trading Bot Runs Amok on MtGox #bitcoin #trading #bot #mtgox

Trading Bot Runs Amok on MtGox #bitcoin #trading #bot #mtgox

Several weeks ago, there was a large one-day spike in Bitcoin’s price volatility, as a series of sudden sell-offs sent the MtGox price oscillating within a range of $7.3 to $9.5, an event which pirateat40, operator of the Bitcoin Savings & Trust high-yield investment scheme, eagerly took credit for at the time. Now, it appears that there has been a less dramatic, but much more sudden, spike in volatility on MtGox, jerking the price between $12.64 to $13.84 over the course of twenty minutes. Volume spiked from an average of 14 BTC per minute to a high of over 1000 BTC per minute, and the top price of $13.84 that the volatility brought provided the Bitcoin price charts with a new high, the likes of which it has not seen since July 31 last year. In the world of traditional finance, trading bot malfunctions are nothing new. Two weeks ago, a malfunction in a trading algorithm o...

Full article: http://bitcoinmagazine.net/trading-bot-runs-amok-on-mtgox/

Tweets

BTC crash and burn, sell Sell SELL! #bitcoin

i.imgur.com 17 Aug '12, 8pm

Knight Capital Trading taken over by Zombie sof...

spectrum.ieee.org 16 Aug '12, 4pm

A Bloomberg News story yesterday shed a bit more insight into what caused the uncontrolled electronic trading by the marke...

Bitcoin now over 13 usd

bitcoincharts.com 16 Aug '12, 2am

About We are interested in feedback! Email [email protected] any questions or comments you might have. Donations are ...

"Zombie Software" Blamed for Knight Capital Tra...

spectrum.ieee.org 15 Aug '12, 7pm

A Bloomberg News story yesterday shed a bit more insight into what caused the uncontrolled electronic trading by the marke...

Comprendre #bitcoin? (cc @je_brun @ecogex

Comprendre #bitcoin? (cc @je_brun @ecogex

ploum.net 17 Aug '12, 9am

For me the jury is still out on Bitcoin. I dont have the time or money to "invest" in it. Many people are counting on the ...

The Bernie Madoffs of Bitcoin? As virtual trading heats up, promises of profits skyrocket

The Bernie Madoffs of Bitcoin? As virtual tradi...

theverge.com 15 Aug '12, 6pm

The market for Bitcoin — the digital currency of choice for the tech-savvy libertarian set — is hot again. The price of th...

High frequency trading: Sinatra sings and stochastic processes swing: via @ednmagazine

High frequency trading: Sinatra sings and stoch...

edn.com 17 Aug '12, 12am

Commissioner Scott D. O’Malia, U.S. Commodity Futures Trading Commission, in his keynote remarks stated “I believe technol...

Comprendre #bitcoin? (cc @je_brun @ecogex

Comprendre #bitcoin? (cc @je_brun @ecogex

ploum.net 17 Aug '12, 9am

Le bitcoin fait pour le moment beaucoup de bruit. Certains y voient une révolution planétaire, d'autres une arnaque comme ...

(Context of my last tweet: the biggest Ponzi in the short history of Bitcoin, worth millions of USD, just closed up:

(Context of my last tweet: the biggest Ponzi in...

bitcoinmagazine.net 18 Aug '12, 10am

As many have predicted was an inevitable future, the man known only as Pirateat40 on bitcointalk.org announced the closure...

Week's finally slowing down. Learning more abou...

youtube.com 17 Aug '12, 8pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . The Bitcoin phenomenon-On the Edge...

"Zombie Software" Blamed for Knight Capital Tra...

spectrum.ieee.org 18 Aug '12, 4pm

A Bloomberg News story yesterday shed a bit more insight into what caused the uncontrolled electronic trading by the marke...

Fee for sending a 100K BTC transaction worth ov...

Blockchain.info 19 Aug '12, 2am

View information about a bitcoin transaction

Bitcoin trading platform sued by members for $460,000

Bitcoin trading platform sued by members for $4...

nakedsecurity.sophos.com 14 Aug '12, 3pm

Four ex-Bitcoin users are suing the coin exchange for $460,000 USD, accusing the now frozen Bitcoin trading platform Bitco...