|
It doesn't take a nuke.
Just refresh twice on your browser and mtgox will call it a "DDoS" and claim they are victims.
|
|
|
|
MtGox was always PHP/mysql, including the trading engine. Do you know if it is still the same?
<shudder> The more I learn about mtgox, the more incompetent they seem. PHP/MySQL? For a billion dollar market? I'm revising my opinion. Negligence is a much more appropriate word than incompetence. |
|
|
|
Yeah.
Maybe we need an even more catastrophic event at Mt.Gox before people start to rethink using it.
Wiping out a BILLION DOLLARS wasn't enough for you? |
|
|
|
Every piece of machinery has a certain capacity and its managers usually size it to the work it usually has to do. Greatly oversizing it is not a good thing to do.
Yesterday, almost every other exchange had great lag. I can perfectly understand them being the victims of the sudden bitcoin publicity and the new deposit confiscation laws around the world.
Gox is already adding servers and bettering their code, at least as far as they have told us.
Have a little patience and faith people.
Oversizing? Have you ever done capacity planning? Have you ever configured a scale-out architecture? Don't worry, neither has anyone at mtgox... You keep patient, your patience will be rewarded by more flash crashes, if you think that mtgox is getting better. They're getting worse because a non-scalable architecture becomes more and more fragile the more hardware you throw at it if you don't know how to architect. |
|
|
|
|
Because there's a feedback loop:
Existing volume creates a good environment for trading, which attracts volume. It's a virtuous cycle that is only broken when they fuck up (more and more, as the volume increases).
There's a lot of 'inertia" from people who are not willing to try another exchange because of the hassle of verification and signup (weeks), wire transfers (weeks) etc.
Which is why people need to use this opportunity to STAY ANGRY and remember why they are angry. Use that anger to motivate them to sign up to new exchanges today. So that next time this happens (and it will, sooner rather than later), they can dump gox.
|
|
|
|
|
Unless I am willing to start an exchange, I can't complain about the obvious incompetence of mtgox?
I am a customer who just watched a company destroy $1 billion of value because of technical glitches.
Bet you loved Microsoft too and thought no one should criticize them unless they went out and made their own OS. Eventually someone did and I worked on that project too (Linux). Isn't that a rather wasteful way to solve problems?
I'd rather people realized that mtgox were victims of their own incompetence and tried the other exchanges. More volume on the other 4-5 exchanges would remove mtgox as the single point of failure.
|
|
|
|
anyone's account name in that list?
mine isn't
Mine isn't in there either. I use two-factor and a complex password, but given mtgox's general incompetence, I'd expect they store everything in cleartext, it would be par for the course. |
|
|
|
Notice how all the emails are from yahoo. Don't you find it the least suspicious?
depends on how the db was sorted. Not necessarily, though that is a good point. |
|
|
|
|
According to the IRC conversation with Magicaltux, the exchange engine and front end are running on the SAME SERVER
If that is true, it points to a level of amateurish hackery which is unbelievable.
A system like this should have multiple geographically redundant load balancers, multi-tier hierarchy of workers, web engines, trade engines, market data and charting engines. The DNS should be run by an independent DNS provider and they should have DDoS protection, regional failover, graceful degradation, etc etc.
It seems they have none of that, nor any clue how to do any of it. It's not even expensive nowadays, it just requires knowledge of scalable distributed systems.
|
|
|
|
They closed.
They're WINNING, like Charlie Sheen |
|
|
|
According to their twitter feed they are under DDoS. According to Anonymous, they are being DDoS'ed as punishment for their incompetence which caused the flash crash. https://twitter.com/AnonRelations/status/322290621912072193 Anonymous Relations @AnonRelations #MTGOX #tangodown for causing the loss of our money. I speak for all of #anonymous |
|
|
|
|
A horde of incompetent engineers, mealy-mouthed apologists and clueless morons have inundated MagicTheOnlineGatheringeXchange hiring department and have been inadvertently hired.
As a result, mtgox is currently limited to one trade PER hour. This is to ensure the continued "reliability" of the service.
See, when you're making hundreds of thousands of dollars in commissions, it is important to laugh at your customers and THANK them for making you a "victim of success". Because nothing says "Thank you", like a one hour lag that wipes out 1 BILLION USD from the valuation of your nascent currency.
No, thank YOU mtgox. Thank you for teaching us all to avoid your "service" before bitcoin gets so big that you become the Lehman Brothers of bitcoin.
|
|
|
|
|
Just leave mtgox. There are plenty of alternatives. They only have 80% of the volume because suckers stay there.
|
|
|
|
|
No we are victims of incompetent mtgox who don't know how to run a trading engine, are making shit up as they go and keep blaming everything else except their own incompetence.
They have no plan because they have no clue...
RUN to another exchange.
|
|
|
|
You are obviously no ideas of what you are talking about, come and work with us you will see how things are done and what we have to deal with on a daily basis. As I write this we have two concurrent DDoS attack with NO lags and still online. Things always seems easy at the other end of the keyboard.
This really takes the price for EPIC FAIL followed by tone deaf attack on your own customers. Wow, just wow! Since you decided anyone calling your bullshit with you doesn't know how hard it is on your end of the keyboard, I'll offer you this:  That's me on the left. I'll give you three guesses as to the location and why I was invited to this by the CEO. So as someone who does know what they're talking about, SCREW YOU Alex and your company. First you fail, then you insult your customers for having the audacity to call you on your BS. Everyone reading this: Open an account on bitfloor, campbx, btc-e or any (ALL) of the other exchanges. Close your MTGOX account. |
|
|
|
|
Anyone can "watch" the balance on the public. Avoid ever importing the private key until you are ready to EMPTY (sweep) all the balance out. That will make it "cold", not ever having imported into a "hot" system.
|
|
|
|
|
You can import the private key into most wallet programs, including the online ones like blockchain.info
Open you wallet software and look for an "import private key" option.
|
|
|
|
|
Instead of coinlab getting partnered with the "expert", they got saddled with the broken exchange whose owners don't have a clue how to run a high-performance and scalable infrastructure.
Magic The Gathering Online Exhange is a systemic risk to bitcoin, a death trap for traders and a business run by the clueless.
I'm not only leaving mtgox, I'm not going to touch coinlab with a 10ft pole.
This press release shows a complete disregard for customers, is full of excuses and no plan to fix anything. Throw more servers at it, see if that makes your non-scalable software suck less. It won't.
I'm willing to try others, after all what can be worse than an HOUR lag?
Campbx.com, bitfloor, coinbase, anything but gox or their new victim/partner coinlab.
|
|
|
|
LOVE the new ones, especially the red and purple. Not colors you see on banknotes often, which makes them even better. Great job Timbo. |
|
|
|
|
Show Posts
