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simplydt (OP)
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April 11, 2013, 09:50:00 AM |
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MtGox.com @MtGox 12m
Maintenance Over however we are now under a DDoS attack. Source: https://twitter.com/mtgoxIf they can't handle this DDOS well and the lag gets to 1 hour again things will get nasty. Opinions? -- Another possibility is just that their twitter got hacked? |
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San1ty
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April 11, 2013, 09:50:56 AM |
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Interesting. If things go below 100$ I might recover the losses I suffered.
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Found my posts helpful? Consider buying me a beer :-)!:
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proudhon
Legendary
 Offline
Activity: 2198
Merit: 1311
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April 11, 2013, 09:51:33 AM |
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That's no DDOS. That's just success. TOKYO - JAPAN - April 11, 2013 Hi everyone, just a quick update on the situation and what happened last night. First of all we would like to reassure you but no we were not last night victim of a DDoS but instead victim of our own success! Indeed the rather astonishing amount of new account opened in the last few days added to the existing one plus the number of trade made a huge impact on the overall system that started to lag. As expected in such situation people started to panic, started to sell Bitcoin in mass (Panic Sale) resulting in an increase of trade that ultimately froze the trade engine! To give you an idea of how impressive things were here are some numbers that we would love to share with you guys: - The number of trades executed tripled in the last 24hrs. - The number of new account opened went from 60k for March alone to 75k new account created for the first few days of April! We now have roughly 20,000 new accounts created each day. Due to these facts we have been busy working on improving things since last week and our team has been working around the clock to improve Mt.Gox to catch up with the demand. We will continue to release several updates today and in the coming few days to improve our system overall performance. Also please note that we may have to close the exchange for two hours in the next 12 to 24hrs to add several new servers to our system. Thank you for your understanding and continuous support! Regards Mt.Gox Co. Ltd Team. Mt.Gox Contact press@mtgox.com |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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essem
Newbie
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Activity: 42
Merit: 0
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April 11, 2013, 09:53:02 AM |
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Next stop 105
odNLRCV^%^NR i STILL HAVE 0.3 BTC TO SELL
FML
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simplydt (OP)
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April 11, 2013, 09:53:24 AM |
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That's no DDOS. That's just success. TOKYO - JAPAN - April 11, 2013 Hi everyone, just a quick update on the situation and what happened last night. First of all we would like to reassure you but no we were not last night victim of a DDoS but instead victim of our own success! Indeed the rather astonishing amount of new account opened in the last few days added to the existing one plus the number of trade made a huge impact on the overall system that started to lag. As expected in such situation people started to panic, started to sell Bitcoin in mass (Panic Sale) resulting in an increase of trade that ultimately froze the trade engine! To give you an idea of how impressive things were here are some numbers that we would love to share with you guys: - The number of trades executed tripled in the last 24hrs. - The number of new account opened went from 60k for March alone to 75k new account created for the first few days of April! We now have roughly 20,000 new accounts created each day. Due to these facts we have been busy working on improving things since last week and our team has been working around the clock to improve Mt.Gox to catch up with the demand. We will continue to release several updates today and in the coming few days to improve our system overall performance. Also please note that we may have to close the exchange for two hours in the next 12 to 24hrs to add several new servers to our system. Thank you for your understanding and continuous support! Regards Mt.Gox Co. Ltd Team. Mt.Gox Contact press@mtgox.comWell MTGOX seems to think its a DDOS. |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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April 11, 2013, 09:55:35 AM |
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That's no DDOS. That's just success. TOKYO - JAPAN - April 11, 2013 Hi everyone, just a quick update on the situation and what happened last night. First of all we would like to reassure you but no we were not last night victim of a DDoS but instead victim of our own success! Indeed the rather astonishing amount of new account opened in the last few days added to the existing one plus the number of trade made a huge impact on the overall system that started to lag. As expected in such situation people started to panic, started to sell Bitcoin in mass (Panic Sale) resulting in an increase of trade that ultimately froze the trade engine! To give you an idea of how impressive things were here are some numbers that we would love to share with you guys: - The number of trades executed tripled in the last 24hrs. - The number of new account opened went from 60k for March alone to 75k new account created for the first few days of April! We now have roughly 20,000 new accounts created each day. Due to these facts we have been busy working on improving things since last week and our team has been working around the clock to improve Mt.Gox to catch up with the demand. We will continue to release several updates today and in the coming few days to improve our system overall performance. Also please note that we may have to close the exchange for two hours in the next 12 to 24hrs to add several new servers to our system. Thank you for your understanding and continuous support! Regards Mt.Gox Co. Ltd Team. Mt.Gox Contact press@mtgox.comWell MTGOX seems to think its a DDOS. Given their recent statement, I think they have a hard time distinguishing between success and DDoS. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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loanexpress
Newbie
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Activity: 56
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April 11, 2013, 09:55:59 AM |
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Yeah, if it's not clear, MtGox posted the message OP quoted on Google+ (and presumably facebook too) literally minutes ago. It's not in reference to yesterday. So this might be a second wave.
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giarc
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April 11, 2013, 09:56:43 AM |
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That's no DDOS. That's just success. TOKYO - JAPAN - April 11, 2013 Hi everyone, just a quick update on the situation and what happened last night. First of all we would like to reassure you but no we were not last night victim of a DDoS but instead victim of our own success! Indeed the rather astonishing amount of new account opened in the last few days added to the existing one plus the number of trade made a huge impact on the overall system that started to lag. As expected in such situation people started to panic, started to sell Bitcoin in mass (Panic Sale) resulting in an increase of trade that ultimately froze the trade engine! To give you an idea of how impressive things were here are some numbers that we would love to share with you guys: - The number of trades executed tripled in the last 24hrs. - The number of new account opened went from 60k for March alone to 75k new account created for the first few days of April! We now have roughly 20,000 new accounts created each day. Due to these facts we have been busy working on improving things since last week and our team has been working around the clock to improve Mt.Gox to catch up with the demand. We will continue to release several updates today and in the coming few days to improve our system overall performance. Also please note that we may have to close the exchange for two hours in the next 12 to 24hrs to add several new servers to our system. Thank you for your understanding and continuous support! Regards Mt.Gox Co. Ltd Team. Mt.Gox Contact press@mtgox.comWell MTGOX seems to think its a DDOS. Given their recent statement, I think they have a hard time distinguishing between success and DDoS. To be honest, if I were mtgox i'd blame it on ddos. It sounds better than "we still have laggy servers". |
If anything I've said is vaguely useful feel free to show your appreciation
btc: 1MfMjYXnHkGyRSE9f14XJsmxruuiVreEDh
bte: 8dH3WNre8DPyuj3oCFFNetTtVMXygs59t8
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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April 11, 2013, 09:56:48 AM |
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Yeah, if it's not clear, MtGox posted the message OP quoted on Google+ (and presumably facebook too) literally minutes ago. It's not in reference to yesterday. So this might be a second wave.
Or a first wave. Cuz yesterday was nothing more than success. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Sage
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April 11, 2013, 09:59:39 AM |
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Look at history... buy whenever there is a DDOS attack.
Listen, Bitcoin crashed because Mt. Gox couldn't handle the flood of new buyers. And that caused the panic selling.
The problem is TOO much money wants into bitcoin for the pipes in to handle.
What do you think is going to happen once those pipes get bigger or replaced?
Sheesh... this one is a no brainer.
Buy!
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essem
Newbie
Offline
Activity: 42
Merit: 0
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April 11, 2013, 10:01:19 AM |
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Look at history... buy whenever there is a DDOS attack.
Listen, Bitcoin crashed because Mt. Gox couldn't handle the flood of new buyers. And that caused the panic selling.
The problem is TOO much money wants into bitcoin for the pipes in to handle.
What do you think is going to happen once those pipes get bigger or replaced?
Sheesh... this one is a no brainer.
Buy!
you need to work harder on your trollin |
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simplydt (OP)
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April 11, 2013, 10:02:11 AM |
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That's no DDOS. That's just success. TOKYO - JAPAN - April 11, 2013 Hi everyone, just a quick update on the situation and what happened last night. First of all we would like to reassure you but no we were not last night victim of a DDoS but instead victim of our own success! Indeed the rather astonishing amount of new account opened in the last few days added to the existing one plus the number of trade made a huge impact on the overall system that started to lag. As expected in such situation people started to panic, started to sell Bitcoin in mass (Panic Sale) resulting in an increase of trade that ultimately froze the trade engine! To give you an idea of how impressive things were here are some numbers that we would love to share with you guys: - The number of trades executed tripled in the last 24hrs. - The number of new account opened went from 60k for March alone to 75k new account created for the first few days of April! We now have roughly 20,000 new accounts created each day. Due to these facts we have been busy working on improving things since last week and our team has been working around the clock to improve Mt.Gox to catch up with the demand. We will continue to release several updates today and in the coming few days to improve our system overall performance. Also please note that we may have to close the exchange for two hours in the next 12 to 24hrs to add several new servers to our system. Thank you for your understanding and continuous support! Regards Mt.Gox Co. Ltd Team. Mt.Gox Contact press@mtgox.comWell MTGOX seems to think its a DDOS. Given their recent statement, I think they have a hard time distinguishing between success and DDoS. To be honest, if I were mtgox i'd blame it on ddos. It sounds better than "we still have laggy servers". lol good point. I havent' seen such levels of incompetence in a while and I've been on the net a big percentage of my life  |
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giarc
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April 11, 2013, 10:02:21 AM |
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Look at history... buy whenever there is a DDOS attack.
Listen, Bitcoin crashed because Mt. Gox couldn't handle the flood of new buyers. And that caused the panic selling.
The problem is TOO much money wants into bitcoin for the pipes in to handle.
What do you think is going to happen once those pipes get bigger or replaced?
Sheesh... this one is a no brainer.
Buy!
The money pipeline analogy might make sense if the market hadn't already nosedived. That doesn't look like too much money moving into the market to me. |
If anything I've said is vaguely useful feel free to show your appreciation
btc: 1MfMjYXnHkGyRSE9f14XJsmxruuiVreEDh
bte: 8dH3WNre8DPyuj3oCFFNetTtVMXygs59t8
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desired_username
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April 11, 2013, 10:05:49 AM |
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The money pipeline analogy might make sense if the market hadn't already nosedived. That doesn't look like too much money moving into the market to me.
What do you expect from the userbase when it shits itself in panic when significant lag occours? The market needs to evolve/improve. both on the user's and service provider's side. |
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GeoRW
Sr. Member
Offline
Activity: 350
Merit: 257
Trust No One
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April 11, 2013, 10:06:18 AM |
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looks like some angry hackers who lost a lot of money in bitcoin bubble taking a revenge  |
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San1ty
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April 11, 2013, 10:07:26 AM |
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looks like some angry hackers who lost a lot of money in bitcoin bubble taking a revenge Bitstamp at 140. There is some profit to be made here when we get close to 100. |
Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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giarc
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April 11, 2013, 10:07:32 AM |
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The money pipeline analogy might make sense if the market hadn't already nosedived. That doesn't look like too much money moving into the market to me.
What do you expect from the userbase when it shits itself in panic when significant lag occours? The market needs to evolve/improve. both on the user's and service provider's side. I call bull, seems to me lag is being caused by selling not the other way around. If anything lag is slowing the crashes. |
If anything I've said is vaguely useful feel free to show your appreciation
btc: 1MfMjYXnHkGyRSE9f14XJsmxruuiVreEDh
bte: 8dH3WNre8DPyuj3oCFFNetTtVMXygs59t8
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keatonatron
Sr. Member
Offline
Activity: 308
Merit: 250
Jack of oh so many trades.
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April 11, 2013, 10:07:48 AM |
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MtGox.com @MtGox 12m
Maintenance Over however we are now under a DDoS attack. Source: https://twitter.com/mtgoxIf they can't handle this DDOS well and the lag gets to 1 hour again things will get nasty. Opinions? -- Another possibility is just that their twitter got hacked? Is it an attack or just 10's of thousands of people constantly hitting the refresh button in their browser trying to be the first to resume trading? |
1KEATSvAhbB7yj2baLB5xkyJSnkfqPGAqk
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HappyBitCoinUser
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April 11, 2013, 10:18:55 AM |
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MtGox.com @MtGox 12m
Maintenance Over however we are now under a DDoS attack. Source: https://twitter.com/mtgoxIf they can't handle this DDOS well and the lag gets to 1 hour again things will get nasty. Opinions? -- Another possibility is just that their twitter got hacked? Is it an attack or just 10's of thousands of people constantly hitting the refresh button in their browser trying to be the first to resume trading? I'm hitting refresh now. |
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