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Question: Will you continue to use Mt. Gox after today?
Hell Yes! I love the gambling element lag brings to the trading game!
Yes, after I give them some time to work out the kinks.
No, we need more competition amongst exchanges.
Hell No! I was Goxed one too many times!
I want to vote for Pedro!... I hate answering polls.

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Author Topic: Will you continue to use Mt. Gox after today?  (Read 3773 times)
BitcoinTate (OP)
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April 03, 2013, 11:14:59 PM
 #1

So what's the verdict?

- aka The "DigiMan"
Evolvex
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April 03, 2013, 11:21:42 PM
 #2

Gotta admit, it has pissed me right off today, i use them "by default" really, i will be looking else where, hell ive even wanted to start my own!
BitcoinTate (OP)
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April 03, 2013, 11:23:03 PM
 #3

Gotta admit, it has pissed me right off today, i use them "by default" really, i will be looking else where, hell ive even wanted to start my own!

I have thought the same thing. Just have to right a solid back end in Java or C++... none of this PHP non sense.

- aka The "DigiMan"
dutt
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April 03, 2013, 11:23:16 PM
 #4

They'll stay the kings as long as they got the most liquidity.

BTCLuke
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April 03, 2013, 11:29:44 PM
 #5

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow.  Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.

Luke Parker
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BitcoinTate (OP)
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April 03, 2013, 11:31:05 PM
 #6

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow.  Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.
Agreed. Right now Mt. Gox is the Achilles' heel of Bitcoin.

- aka The "DigiMan"
Furyan
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April 03, 2013, 11:50:51 PM
 #7

Lost quite a bit of money due to the lag today - inability to cancel orders led to them being filled instead of canceled so I could readjust. An active system requires the ability to respond to changing conditions immediately but a 4 minute lag means your order is going to screw you over Sad

And m.mtgox.com is a bloody joke.  Good luck if it keeps you logged in for more than 8 seconds.
edd
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April 03, 2013, 11:57:45 PM
 #8

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow.  Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.
Agreed. Right now Mt. Gox is the Achilles' heel of Bitcoin speculators.

FTFY

Still around.
TheJuice
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April 04, 2013, 12:13:52 AM
 #9

Who has the 2nd most liquidity?
BitcoinTate (OP)
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April 04, 2013, 12:15:05 AM
 #10

Who has the 2nd most liquidity?
BTC-E Maybe? Or Bitstamp...I am guessing it is between those two.

- aka The "DigiMan"
muyuu
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April 04, 2013, 12:15:46 AM
 #11

What's the option if you stopped using them prior to this?

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April 04, 2013, 12:17:50 AM
Last edit: April 04, 2013, 01:34:55 AM by justusranvier
 #12

My second choice was Coinbase, but now they are always sold out.

My third choice is Bitfloor because they allow cash deposits which are normally fast. Except for tonight, when my deposit has been waiting for 2.5 4 hours.
The-Real-Link
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April 04, 2013, 12:18:49 AM
 #13

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow.  Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.
Agreed. Right now Mt. Gox is the Achilles' heel of Bitcoin.

I was just thinking that myself earlier.  Even if Gox stays the primary exchange, hopefully once they adjust / recode / upgrade hardware and software, these issues can hopefully be behind us.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
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April 04, 2013, 12:19:25 AM
 #14

Goxlag is the best indicator of possible price movement I can imagine. I'm thinking about writing some script to turn on the alarm and wake me up if goxlag is > X  Cool
But I have just registered an account on Bitstamp. Thinking of moving some funds there.
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April 04, 2013, 12:20:52 AM
 #15

I will use mt gox, but we need more exchanges that can compete with mtgox.

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April 04, 2013, 12:31:05 AM
 #16

No, decided to move few days ago already, screw those trading lags and centralization.  Wink

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April 04, 2013, 01:16:31 AM
 #17

Their engineering team is a joke if they haven't fixed the lag and put online a decent trading engine after MONTHS AND MONTHS of time. They completely blew their lead in the field and will just become a mediocre exchange soon enough.
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April 04, 2013, 01:19:15 AM
 #18

Their engineering team is a joke if they haven't fixed the lag and put online a decent trading engine after MONTHS AND MONTHS of time. They completely blew their lead in the field and will just become a mediocre exchange soon enough.
From what I've heard there is no "team". It's just one guy.
BitcoinTate (OP)
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April 04, 2013, 01:35:04 AM
 #19

Their engineering team is a joke if they haven't fixed the lag and put online a decent trading engine after MONTHS AND MONTHS of time. They completely blew their lead in the field and will just become a mediocre exchange soon enough.
From what I've heard there is no "team". It's just one guy.
The 18 year old PHP wiz... thats usually how these things work.

- aka The "DigiMan"
BitcoinTate (OP)
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April 04, 2013, 01:36:39 AM
 #20

Goxlag is the best indicator of possible price movement I can imagine. I'm thinking about writing some script to turn on the alarm and wake me up if goxlag is > X  Cool
But I have just registered an account on Bitstamp. Thinking of moving some funds there.
This is a good point. All though it doesn't seem to lag as much when the price increases. But the flash crashes it seems too. I am going to start testing Bitstamp.

- aka The "DigiMan"
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