What is this Sierra Charts thing, and how come they have a MtGox feed? Is that something users configure or script for themselves, or has BitCoin already been accepted as an official investment vehicle?
There are few to no orders at that price level on the exchange; in this case, the person who sold down the BTC also posted buy orders at that level. Look for .01337 next time there's a hack like this.
"This is going to be the biggest story ever"
...hearing this made me smile and realize that in the larger scale of things there are probably worse things that could happen.
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[ 3.7 ms ] story [ 32.5 ms ] threadhttp://www.youtube.com/watch?v=iYhMyPAbaGw
Here is some additional information regarding the 2010 Flash Crash: http://en.wikipedia.org/wiki/2010_Flash_Crash