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Author Topic: Mtgox trading engine lag: 27m 15s  (Read 1213 times)
esse83 (OP)
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April 13, 2013, 06:42:42 PM
 #1

Let me guess - the bears will destroy the bulls. Best prediction of future behaviour is...

“Bitcoin is wild and crazy investment that I’m diversifying out of all the time,” - Gavin Andresen
NamelessOne
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April 13, 2013, 06:45:11 PM
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Nobody is doing anything at the moment. We need to be plastering MtGox with emails, twitters, facebook, whatever at the moment to get their attention on this and communicating with us. I've already contacted them.
proudhon
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April 13, 2013, 06:46:16 PM
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Let me guess - the bears will destroy the bulls. Best prediction of future behaviour is...

Another crash.  That's the only rational thing that can happen at this point.  When the market isn't offering any information about itself, then the rational thing for participants to do, especially those who bought near or above the current price, is exit the market in the hope of minimizing their loss.  Each person trying to minimize his loss will collapse the market in these conditions.  Sit back and watch the giant prisoners dilemma.

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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April 13, 2013, 06:46:42 PM
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
proudhon
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April 13, 2013, 06:50:45 PM
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Well that's pretty much true.  It's mostly always on.  It's just that sometimes when it's on the market order you execute in a panic doesn't get executed for 30, 60, 90 minutes, or whatever.

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.
Luno
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April 13, 2013, 06:56:00 PM
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True, can't help smile when logging in.

They should be able to give some further info on the DDossing origin, zombie network or what?

Also they have a professional company Prolexic taking care of their security and they should have an interest too in not looking like idiots?
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