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Author Topic: MtGox downtime recorded  (Read 2048 times)
btcmind
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April 21, 2013, 03:08:30 PM
 #1

start downtime

~ 'Sun, 21 Apr 2013 14:30 UT'
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bitcoinBull
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April 21, 2013, 03:15:01 PM
 #2

Let's DDoS people, everybody start hitting refresh. Go.

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btcmind
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April 21, 2013, 03:30:03 PM
 #3

Today they made 12M US$ volume. At 0.20% fee that's an annualized rate of 8.6M$ of profit. That should buy enough servers to handle legit or illegit clients, depending on how powerful the other side might be.
ronaldlee0917
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April 21, 2013, 03:32:50 PM
 #4

Consider how much they earn per day, the quality of service provided by them is infuriating. They act like a start-up.

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MicroGuy
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April 21, 2013, 06:02:34 PM
 #5

I recently started using CampBX and they seem more reliable in terms of uptime. But then again, I guess that's true of 99.999% of all the websites of the internet. Ha.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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April 21, 2013, 06:11:01 PM
 #6

I found out what happened, their entire IT staff is currently on a field trip.


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btcmind
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April 21, 2013, 07:26:36 PM
 #7

lol. is Mark Karpeles investing the money in sushi shops? must be sitting on a great pile of cash by now.


back up 19:28 UT 5 hours down.

Price went from 120$ to 110$. Outages at these volume levels are inexcusable. we will see what happens at the next volume peak.
QuantPlus
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April 22, 2013, 12:32:52 PM
 #8

Today they made 12M US$ volume. At 0.20% fee that's an annualized rate of 8.6M$ of profit. That should buy enough servers to handle legit or illegit clients, depending on how powerful the other side might be.

They probably make 5-10 times that by manipulating the market...
Like engineering 10% price swings every few days.

They are a monopoly...
And they are not making squat on those "low" fees...
Read between the lines.
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