Quote:
Originally Posted by MyBitcoin
That doesn't prove anything.
It is true that the exchange rate can be volatile at times. You have to keep in mind that this is still a fairly new currency. Usually the rate seems to hover around $0.75 per Bitcoin most of the time. What happened yesterday was an anomaly (someone probably sold a LOT of them all at once) and the price quickly recovered.
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The Mt Gox dark pool allows you to buy or sell large quantities of BTC without moving the market.
You can mark any buy or sell order with a value over $1000 as being in the dark pool.
Orders in the dark pool don't show up on the order book.
There are 2 types of dark pool orders.
Dark pool and Normal - Can be filled either partially from the normal orders or the dark pool.
Dark pool Only - Can be filled only by other dark pool orders or a single normal order that is larger than the dark pool order. This means that if there is a single normal order that would fill the dark pool order both will be filled.