Bitcoin Forum
April 24, 2014, 02:01:09 PM *
News: Due to the OpenSSL heartbleed bug, changing your forum password is recommended.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2  All
  Print  
Author Topic: "Market cooldown, order placing suspended until 2013-04-12 02:00:00 UTC"  (Read 17954 times)
coined
Full Member
***
Offline Offline

Activity: 176


View Profile

Ignore
April 11, 2013, 02:13:59 PM
 #1

I just got that message after trying a test trade, this is very like when gox stopped trades after the original crash from 32, he stopped it at 17 back then, which makes the tin foil hat brigade question if there really a hack back then.
Unbeatable Service & Product Support
Grab Your Miners at GAWMiners.com
Order Before April 25th to receive
Double your Hashing Power for 1 week!

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1398348069
Hero Member
*
Offline Offline

Posts: 1398348069

View Profile Personal Message (Offline)

Ignore
1398348069
Reply with quote  #2

1398348069
Report to moderator
1398348069
Hero Member
*
Offline Offline

Posts: 1398348069

View Profile Personal Message (Offline)

Ignore
1398348069
Reply with quote  #2

1398348069
Report to moderator
1398348069
Hero Member
*
Offline Offline

Posts: 1398348069

View Profile Personal Message (Offline)

Ignore
1398348069
Reply with quote  #2

1398348069
Report to moderator
1398348069
Hero Member
*
Offline Offline

Posts: 1398348069

View Profile Personal Message (Offline)

Ignore
1398348069
Reply with quote  #2

1398348069
Report to moderator
HATA28
Newbie
*
Offline Offline

Activity: 14


View Profile

Ignore
April 11, 2013, 02:15:02 PM
 #2

Is this serious? @mt.gox?

Is there any other MT.Gox user who can confirm this?
coined
Full Member
***
Offline Offline

Activity: 176


View Profile

Ignore
April 11, 2013, 02:16:00 PM
 #3

Is this serious? @mt.gox?

Is there any other MT.Gox user who can confirm this?

the title is a paste of the message i got after placing order
NamelessOne
Hero Member
*****
Offline Offline

Activity: 686



View Profile

Ignore
April 11, 2013, 02:16:06 PM
 #4

Their systems can't handle the DDoS and lag problems. This is a very good thing to calm down the legions of noob weakhands causing a paradox of fear every time the lag and ddos starts up.
massivebitman
Full Member
***
Offline Offline

Activity: 210


View Profile WWW

Ignore
April 11, 2013, 02:16:57 PM
 #5

Yes I can confirm!!

Thank goodness!

Somebody willing to take some action!!!

Also it makes sense for gox, with the demand on the server

doobadoo
Sr. Member
****
Offline Offline

Activity: 350


View Profile

Ignore
April 11, 2013, 02:17:52 PM
 #6

Their systems can't handle the DDoS and lag problems. This is a very good thing to calm down the legions of noob weakhands causing a paradox of fear every time the lag and ddos starts up.

good to stop trading nah...i get the msg too when trying to place an order... this is bad mmmmkay

"It is, quite honestly, the biggest challenge to central banking since Andrew Jackson." -evoorhees
wopwop
Sr. Member
****
Offline Offline

Activity: 252



View Profile

Ignore
April 11, 2013, 02:18:20 PM
 #7

wtf! 24 hours  service suspension

SPECULATION: MtGox is selling their own bitcoins first at the highest bid LMAO
Severian
Sr. Member
****
Offline Offline

Activity: 336


anarchistic marketist


View Profile WWW

Ignore
April 11, 2013, 02:18:25 PM
 #8

"We can't handle it. Will be getting hammered at the bar until tomorrow.

love,
mtgox"

"The synonym of usury is ruin." -Samuel Johnson
EuroTrash
Hero Member
*****
Offline Offline

Activity: 490



View Profile

Ignore
April 11, 2013, 02:18:46 PM
 #9

NO, this is manipulation and it's not OK  Angry

I had just chosen to profit from the dips to get WAY more coins.
They just spoiled my favourite game.

(OTOH this is likely an excuse to finally do the upgrades they need)



<=== INSERT SMART SIGNATURE HERE ===>
Krabby
Full Member
***
Offline Offline

Activity: 182



View Profile

Ignore
April 11, 2013, 02:19:01 PM
 #10

This is really bad for me.
I' half fiat at the moment and pending verification.
This means I cannot get my money out to buy while they're rising.
bootlace
Full Member
***
Offline Offline

Activity: 140


View Profile

Ignore
April 11, 2013, 02:21:04 PM
 #11

So now they decide to do this, not after yesterday's 1 hour lag? What fucking joke these guys are..

145ZvkNef1TNPdDcGVperop1v574VSdZ9X
HATA28
Newbie
*
Offline Offline

Activity: 14


View Profile

Ignore
April 11, 2013, 02:21:15 PM
 #12

I like this

Thanks MT.Gox, finally a good decision  Roll Eyes
colour
Member
**
Offline Offline

Activity: 79



View Profile

Ignore
April 11, 2013, 02:22:24 PM
 #13

So they did nothing when the price was jumping up and down by 100$ with a 70+ minute lag, but now that everything has calmed down a bit they stop all trading for a "cooldown"? I don't understand this.
crazy_rabbit
Hero Member
*****
Offline Offline

Activity: 756


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile

Ignore
April 11, 2013, 02:22:35 PM
 #14

Finally.

Founder of Aeternum.in - NFC enabled, Secure, Bitcoin Cold Storage.
For the next thing in Bitcoin: http://mastercointalk.org/
HATA28
Newbie
*
Offline Offline

Activity: 14


View Profile

Ignore
April 11, 2013, 02:23:03 PM
 #15

So now they decide to do this, not after yesterday's 1 hour lag? What fucking joke these guys are..
Second that
shamntalk
Member
**
Offline Offline

Activity: 73


BTC


View Profile

Ignore
April 11, 2013, 02:23:23 PM
 #16

Someone please explain to me why it's 'good news' that a single exchange trade curbs in a *decentralized* environment. Spells trouble for sure!
NamelessOne
Hero Member
*****
Offline Offline

Activity: 686



View Profile

Ignore
April 11, 2013, 02:24:06 PM
 #17

If they let this lag and ddos carry on it can tank things further for no damn reason. They need to upgrade the hell out of their systems.
NamelessOne
Hero Member
*****
Offline Offline

Activity: 686



View Profile

Ignore
April 11, 2013, 02:26:27 PM
 #18

So they did nothing when the price was jumping up and down by 100$ with a 70+ minute lag, but now that everything has calmed down a bit they stop all trading for a "cooldown"? I don't understand this.

Correct. They should have done this yesterday and were foolish to have let an hour+ of lag accumulate. They clearly have learned their lesson. This is currently the only way to fight back against the lag and ddos. Let it subside and restart trading.
coined
Full Member
***
Offline Offline

Activity: 176


View Profile

Ignore
April 11, 2013, 02:27:28 PM
 #19

gox makes money on the value of BTC, low fee's if the price is low ect, this is in mtgox interest to try and stop this selling. also any deals and partnership that they have lined up in future will be affected by bitcoin looking embarrassingly like penny stocks at this stage. nothing shakes confidence more that this. I don't believe I can trust gox at this point, also they are making it seem that lag is causing selling, but it's there dodgy system that can't handle selling that creates the lag, so they give out bad information about ddos'ers and there motives implying that you should not panic sell. they make it seem bitcoin selling wouldn't happen on its own.
NamelessOne
Hero Member
*****
Offline Offline

Activity: 686



View Profile

Ignore
April 11, 2013, 02:30:48 PM
 #20

gox makes money on the value of BTC, low fee's if the price is low ect, this is in mtgox interest to try and stop this selling. also any deals and partnership that they have lined up in future will be affected by bitcoin looking embarrassingly like penny stocks at this stage. nothing shakes confidence more that this. I don't believe I can trust gox at this point, also they are making it seem that lag is causing selling, but it's there dodgy system that can't handle selling that creates the lag, so they give out bad information about ddos'ers and there motives implying that you should not panic sell. they make it seem bitcoin selling wouldn't happen on its own.

The lag doesn't start the selling, but no doubt the lag creates a cascade event that becomes a near paradox of fear and selling.
Pages: [1] 2  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!