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People in the Ireland are only going to flock to Bitcoin if the whole Euro appears unstable, not just the Irish economy, which it's not at this point.
You guys must be reading different news than I because my sources say the Euro is undoubtedly in trouble. |
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BitCoin7 has worked great for me . . . aside from the recent Dwolla issues. And I continue to use MtGox and TradeHill. All three serve a purpose.
That said, a word to the TradeHill guys - lose the sanctimonious act. I wouldn't mind . . . but for the fact that your site design is a direct rip off of the MtGox site. And you guys have the gall to lecture BitCoin7? Please.
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Who, exactly, is working on this?
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i love the latin flare.
The Latin needs some work. It's headed in the right direction . . . but it comes off as a little busy to me. Let me mull it over and I'll see if I can provide some concrete suggestions. |
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According to this thread: http://forum.bitcoin.org/index.php?topic=21615.0They are planning on mining to create bitcoins that will be distributed as "interest" What I don't understand is what is in it for them. I don't get their business model. How will they make money? The guy claims not to be in it for the money but to support the growth of BitCoin. |
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Forget the bid/ask spread for a moment. What about volume? Isn't that the final arbiter?
MTGox is running at roughly 5 times the volume of TradeHill. That's way, way down from what it used to be . . . but, still, they remain the largest by quite a bit. |
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All this means is that buyers have more of a preference for TradeHill and sellers prefer Mtgox. Might want to rethink that theory. |
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I own a pizza shop and I want to accept bitcoins but I'm still majorly concerned about how to keep my coins secure on windows.
Just keep them in your MtGox account . . . |
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Any other competent technical folks want to get together and discuss putting an exchange together? Not too impressed with the options we have right now.
I have been thinking about it. But there's more to a successful company than just setting up a couple of web services. We most certainly agree. But BitCoin needs a truly professional exchange. We do not have that now and I do not see one coming down the pike. There are a lot of posers out there whose product falls far far short of the talk and promise. It's not a question of whether a far better product can be produced, it's a matter of who is going to do it. |
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Any other competent technical folks want to get together and discuss putting an exchange together? Not too impressed with the options we have right now.
Serious? Yes. |
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You can only really use several servers for the website itself. The actual order matching need to be done on a single processor detached from the front end. They could at least detach the entering of orders into the database and the actual order processing. Also load balancing for the frontend (which is terribly slow) and for MySQL (which seems to crash frequently) should be a must-have. I doubt they have any of this... MySQL. Jeez, isn't that really the end of the discussion? What else did they use, FrontPage? Any other competent technical folks want to get together and discuss putting an exchange together? Not too impressed with the options we have right now. |
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It's 1:30 am in Japan right now - are these guys even up right now working on this?
Can anyone confirm?
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How long does it take you to test software?
I've been programming for close to two decades. The issue here isn't the amount of time it takes to test . . . it's the piss poor planning and communication. Why are we all here 80 minutes after the first communicated launch time and 50 minutes after the revised launch time STILL WONDERING WHAT THE HELL IS GOING ON? |
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I've been defending Gox pretty much the whole time, but this is starting to drive me crazy. MagicalTux hasn't posted anything on the forum since the 21st. It should have been obvious to me when they admitted their deadlines were just there to get people off their back, that they didn't take the notion of a timely and orderly restoration of service very seriously. :-/
When you have to wait for IRC groupies to get a message about the site's status. They don't take their business seriously. Otherwise updates would be made ahead of time on their support website. They are sitting on a freaking goldmine . . . and they appear to have nothing but contempt for their users. Mind-blowing. |
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This is incredibly painful for me to watch . . . this is a no brainer, a quality problem.
If i knew that on date x, time y, that i was going to have n users hitting my server all at once, this would be an easy task.
It would be fun, it would go smoothly, I would have a plan.
I can only think the guys at MtGox are either grossly incompetent or incredibly greedy (they still have all this stuffed on to some box under their desk).
Torturous... Sing it, brother. |
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What is the story MtGox? Are you going live or what? Take a sh*t or get off the sh*tter.
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Yeah apparently their SQL server is having a hard time dealing with all the attention and needed to spend some time in it's room by itself.
The entire platform has been in its room for a week. |
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This is the thing that troubles me about MtGox - the seeming inability to learn from mistakes or listen to advice. Is it stubborness? Arrogance? Do they live in a bubble and make no effort to find out what their customers are saying?
I dunno . . . so many of the issues they have been having are completely avoidable . . . and yet invariably they choose the path of maximum clusterflock. I find it utterly baffling.
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Gotta say, I wasn't that impressed with their site. I signed up and found that their code transformed my username to all lowercase characters. Why would anyone do such a thing?
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