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chydenius
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April 12, 2013, 12:29:06 PM
 #1

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Gabi
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If you want to walk on water, get out of the boat


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April 12, 2013, 01:08:33 PM
 #2

Meh, tons of people swarmed on bitcoin in the last week, no one was ready for that. You can't double your servers in so few days.
JackH
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April 12, 2013, 01:49:23 PM
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Yeah its shameful to say the least. This market is a joke right now in the eyes of big investors. It will be funny money until we show we can handle worldwide load. We cant even handle the niche market trying to get into Bitcoin.  Undecided

<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
nwbitcoin
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You are a geek if you are too early to the party!


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April 12, 2013, 01:56:30 PM
 #4

Yet again a big name media type who knows nothing about the alternative markets in the bitcoin universe - this is actually as big a problem as MTGox are!


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agaumoney
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April 12, 2013, 02:06:18 PM
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Meh, tons of people swarmed on bitcoin in the last week, no one was ready for that. You can't double your servers in so few days.

Actually you can.

You just need to be hosting with a provider that can scale virtual instances like it was 2013 and not 1996.

But then again, that's only for the grownups.
nwbitcoin
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You are a geek if you are too early to the party!


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April 12, 2013, 02:10:14 PM
 #6

Meh, tons of people swarmed on bitcoin in the last week, no one was ready for that. You can't double your servers in so few days.

Actually you can.

You just need to be hosting with a provider that can scale virtual instances like it was 2013 and not 1996.

But then again, that's only for the grownups.


It would seem to me that anyone who had their website in international media would automatically upgrade their servers to Amazon EC2 but sometimes, common sense just doesn't seem that common!

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Slab Squathrust
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April 12, 2013, 02:24:00 PM
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Meh, tons of people swarmed on bitcoin in the last week, no one was ready for that. You can't double your servers in so few days.

Actually you can.

You just need to be hosting with a provider that can scale virtual instances like it was 2013 and not 1996.

But then again, that's only for the grownups.


It would seem to me that anyone who had their website in international media would automatically upgrade their servers to Amazon EC2 but sometimes, common sense just doesn't seem that common!


I'm no defender of Mt. Gox but they are in Japan for a reason.  Renting servers from a US based company could bring problematic legal issues.  Although, coinlab seems to have found a way around it.  Unfortunately the last I saw, they don't plan to come online with Mt. Gox until 2014.
nebulus
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... it only gets better...


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April 12, 2013, 02:49:37 PM
 #8

Maybe after the guys at Mt. Gox install that second Mac Mini.
I hate cynics but Lol...

Dansker
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Hello world!


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April 12, 2013, 03:49:51 PM
 #9

Well if it's unacceptable, then start your own exchange and do better.

Problem solved.

alexeft
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April 12, 2013, 04:19:32 PM
 #10

Well if it's unacceptable, then start your own exchange and do better.

Problem solved.

I concur.
CasinoBit
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April 12, 2013, 04:36:46 PM
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Only a matter of time until a proper exchange is established.
nameface
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April 12, 2013, 05:28:53 PM
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Let this be a lesson to those who think that the road to riches is pave with, "Hey, kids!  Let's rent a barn and set up a Bitcoin exchange!!!"


+1
tvbcof
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April 12, 2013, 05:53:16 PM
 #13

I'm no defender of Mt. Gox but they are in Japan for a reason.  Renting servers from a US based company could bring problematic legal issues.  Although, coinlab seems to have found a way around it.  Unfortunately the last I saw, they don't plan to come online with Mt. Gox until 2014.

I've only casually picked up some (possibly mis-)understanding over the years, but:

1)  I believe that much of the infrastructure that Mt. Gox uses runs under Tiabans which Krapeles had going before he bought Mt. Gox, and much of it is co-located in the US.   Including the forum upon which I am tapping out this note just now.

2)  For all intents and purposes, Japan is a vassal of the US.  If we say jump (or 're-start those fucking nuclear reactors'), the Japanese's only acceptable response is 'how high?'

3)  Mt. Gox operates completely at the pleasure of Proxais...at least when the going gets tough.  And they, like many other critical infrastructure companies, will dance to the tune that the US government calls.

4)  Sufficiently motivated (usually be graft) the US has no trouble bringing huge swaths of the Internet to a full stop.  As Kim Dotcom about how that works.

Sorry for the multiple SIC in names.  I am to lazy to look things up right now.


mobile4ever
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April 12, 2013, 05:56:11 PM
 #14

Meh, tons of people swarmed on bitcoin in the last week, no one was ready for that. You can't double your servers in so few days.


But it needs addressing and it is being addressed. Centralization of decentralized bitcoins is a contradiction.
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