MtGox Down ?

[nsfsj]

Although the complexity involved with real time order matching is higher than the that of what an average programmer has to deal with, it is a solved problem. It is hard to scale and if this volume had been hitting a completely new exchange, this would probably have been forgiven. The issue is that MtGox has been running this exchange for a while with quite the revenue and liquidity to hire programmers that has been dealing with such algorithms for decades. The volume is not high enough to sink an in-memory algorithm of order matching, far from it.

Having said that, I do feel with MtGox as I believe they are trying to solve this issue. It might just be too late.

[awakening]

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

Well, but at least they allow you to cancel your orders.  Yesterday I had to be pressing cancel to see that nothing happens. 

how many times did you press it?

Dozens, in different webbrowsers xD

And here you have your "evil DDoS". People freaking out and pushing "cancel" 300 times per minute.

Oh, yeah.           The fail it at MtGox, not at the people trying to save their money, obviously.
I should have just tried one time, and when It did nothing, just wait, weren't I going to cause a DDoS..  

[massivebitman]

Actually this is good. If gox fixes their issues it will restore confidence in the market.  I'm holding now. I don't have a choice 170 seems cheep

[keatonatron]

The web interface wasn't doing anything. I had to write a PHP file to make an API request to cancel my trades... and even then I had to run it 5 or 6 times before it worked.

[Missionary]

Maintenance Over however we are now under a DDoS attack.

[gizmoh]

Do you know why a site gets DDOS' ed?
The crooks wants MONEY/ a RANSOM to keep your servers from being flooded.
I've been thorugh that situation as a web admin and i PAID until i moved behind an anti-DDOS service.
But  for MTGOX i presume the amount of bandwith attacking should be huge, and mtgox being "victim of their Financial success", my Advice PAY them , Gox is making millions and it will cost us less than $1 billion of lost Btc capitalisation..

[xavier]

AAAAAAAAH PRICE CRASH!!!!!!

[ehoffman]

The API seem to be up, but Gox main site is down...

[00null]

Although the complexity involved with real time order matching is higher than the that of what an average programmer has to deal with, it is a solved problem. It is hard to scale and if this volume had been hitting a completely new exchange, this would probably have been forgiven. The issue is that MtGox has been running this exchange for a while with quite the revenue and liquidity to hire programmers that has been dealing with such algorithms for decades. The volume is not high enough to sink an in-memory algorithm of order matching, far from it.

Having said that, I do feel with MtGox as I believe they are trying to solve this issue. It might just be too late.

The main problem could be that AFAIK the trading engine is written in PHP. Now PHP is a fine language, as long as you don't care about speed or readable code