Bitcoin Forum
October 18, 2017, 07:00:19 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: MtGox's Success Story ~ 45m lag.  (Read 734 times)
flibbr
Sr. Member
****
Offline Offline

Activity: 263


Bitcoins ftw !


View Profile WWW
April 13, 2013, 08:38:52 PM
 #1

A personal rant:

MtGox's massive success has had an absolutely crushing impact on the BTC price and newcomer confidence, possibly setting back investor / consumer confidence by months or years.

Currently: Mtgox trading engine lag: 45m 44s
^ This is after their upgrades !!

As far as I'm concerned, MtGox has totally sealed their own fate... even if they do launch their new site which is faster and better ~ with new competitors coming on, as a matter of principle I will never be using them again.

I love bitcoins - everything about them.
Visit the Flibbr website - follow on twitter: @flibbr - or say hello on Facebook
1508353219
Hero Member
*
Offline Offline

Posts: 1508353219

View Profile Personal Message (Offline)

Ignore
1508353219
Reply with quote  #2

1508353219
Report to moderator
1508353219
Hero Member
*
Offline Offline

Posts: 1508353219

View Profile Personal Message (Offline)

Ignore
1508353219
Reply with quote  #2

1508353219
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508353219
Hero Member
*
Offline Offline

Posts: 1508353219

View Profile Personal Message (Offline)

Ignore
1508353219
Reply with quote  #2

1508353219
Report to moderator
Aianis
Newbie
*
Offline Offline

Activity: 20


View Profile
April 13, 2013, 09:36:58 PM
 #2

I've never traded on Gox, but from all the rant on the internet and the charts I can say they weren't very successful in terms of providing the service people expect from them as the "largest" and "main" exchange.

I mostly trade on BTC24 (read: traded, as it's down now effectively setting all accounts and their balance in Limbo) and used bitcoinity charts for Gox to predict movement on our exchange. Wasn't very successful with the delay, was it? Not really.

One main exchange and lots of smaller ones with this level protection from DDoS attacks and insufficient processing resources is not the best model. My understanding of "BTC was the victim of its own success" through Gox is simple - BTC is ahead of it's time. Tesla was ahead of his time for reference...

I don't know what to think and I even stopped encouraging friends IRL to trade as I don't want them to get disappointed without having a lot of information. This destroys newcomers belief and reputation of BTC.

Probably all I said is what a lot of others think, so take it as another rant from the member of the community.
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756



View Profile
April 14, 2013, 10:46:01 AM
 #3

A personal rant:

MtGox's massive success has had an absolutely crushing impact on the BTC price and newcomer confidence, possibly setting back investor / consumer confidence by months or years.

Currently: Mtgox trading engine lag: 45m 44s
^ This is after their upgrades !!

As far as I'm concerned, MtGox has totally sealed their own fate... even if they do launch their new site which is faster and better ~ with new competitors coming on, as a matter of principle I will never be using them again.

You should be thankful for their bullshit "50x improvement", because think what'd have happened without that: 45 minutes 50x = over a day. Isn't the newly improved lag a sight?

Let's just hope that next time MtGox lies about it they "improve" by 1000x while not doing anything at all. Bigger numbers = greater success, right? Who cares if they're made up.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
zero3112
Hero Member
*****
Offline Offline

Activity: 560



View Profile
May 05, 2013, 07:12:02 PM
 #4

Has MtGox fixed this problem yet?
Pages: [1]
  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!