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Author Topic: Balls of steel  (Read 2182 times)
molecular
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April 10, 2013, 09:54:58 PM
 #21

Heck, I don't even have balls, and I held throughout, just bought some dirt cheap coins too ---

At least, I think I did. Right after I placed the buy order, Bitfloor crashed.

When will these exchanges learn... exponential increase in userbase means you need to buy better hosting, better security, more servers. I see them waiting around till they're completely disfunctional and then upgrading as a last resort. You'd think Gox would have 20 people on staff working around the clock to fix the trading engine, with the amount of money they're pulling in...

More hardware doesn't cut it. Exponential is hard to tame. You need something that uses resources logarithmically dependant on size to be able to cope with that. Naive or even good implementation don't have that feature. It might not even be possible. I'm assuming goxes is even worse than linear.

Well, it'll change for the better on 17th.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
shmadz
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April 10, 2013, 11:53:34 PM
 #22

I would love to trade some when this happens, but an hour lag is completely unacceptable. Besides bitstamp is there any other exchange which is reputable? I like Coinbase, but their prices lag as well.

virtex (*canadian exchange*) seems relatively immune to this lag you speak of...

that being said, the orderbook is ridiculously small and the price swings wildly there at times...

"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
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April 11, 2013, 05:13:28 AM
 #23

I don't know - maybe it is better to panic first - like I panicked yesterday at 250? 



OK - I was not really in a panic state at that moment.
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