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Author Topic: Mtgox please spend some of your massive income on new servers. "downornot"  (Read 2647 times)
Ridi
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August 08, 2011, 06:50:23 AM
 #21

What makes them so much better than Trade Hill, other than their trade volume?

And re-reading your post I think you missed his point that EVERYBODY is entitled to trade.  Not just him, but everybody who pays their trading fees is expecting a standard of service.

I do think they make a substantial amount of money for what their product is, and the size of their market.  Even suffering significant damages from their latest fiascos with the password leak, I'm relatively (or more absolutely) sure that they will not survive if they do not continue to invest in the quality of their product.

Two possibilities have occurred to me now though.

One is that I see no reason to eliminate them as the botters, as they do have a motive to protect the size of their trading fees rate.

The other, on a lighter note, is that they are still working on security upgrades from the incident earlier this year, and have decided to include some way of staying the botters effect on the system.  In any case where they are intending to effect the botters they may not be willing to announce it till they can implement it, as it could cause the botters to escalate their activity drastically to maximize their abuse before the problem is handled.

I use Trade Hill, you can use my referral code (TH-R115864) for a 10% discount on commissions
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I don't support the artificial value of BTC, don't buy BTC at ridiculous prices.  Let Miners learn the lesson banks wouldn't.  The Supply has outgrown Dema
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Grinder
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August 08, 2011, 09:20:21 AM
 #22

What makes them so much better than Trade Hill, other than their trade volume?.
As if that isn't enough. Current situation for Europeans: Highest Bid: 5.3000 Lowest Ask: 7.9000. MtGox doesn't have this stupid separation of markets, so the float is almost nonexistent for everybody. It's extremely slow, though.
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August 08, 2011, 09:37:10 AM
 #23

I prefer a natural float to an artificial market.

I use Trade Hill, you can use my referral code (TH-R115864) for a 10% discount on commissions
Public address 1vedbt1pLCKyBfS9eApCfL4UAwQ1et12z
I don't support the artificial value of BTC, don't buy BTC at ridiculous prices.  Let Miners learn the lesson banks wouldn't.  The Supply has outgrown Dema
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August 08, 2011, 11:18:35 AM
 #24

Sounds fancy but makes no sense.
deepDown
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August 08, 2011, 12:05:07 PM
 #25

I join the appeal that Mtgox upgrade its trading platform and/or servers.

It is extremely frustrating to watch price swings and not be able to login at mtgox - it took me over a minute and up to 3mins each time during the weekend.
It leaves an amateurish impression, taken that they have at least 1000$ profit per day and I would guess that less than 2000 people are actively using the site at any moment.

So, any upgrade news would be very appreciated.

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August 08, 2011, 12:12:22 PM
 #26

+1, please upgrade this damn slow system.
Littleshop
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August 08, 2011, 12:32:12 PM
 #27

+1, please upgrade this damn slow system.

mtgox.com did fine with higher volume in the past.  It is the bots throwing many requests in per second.  Charge for the requests or rate limit them. 

Ridi
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August 08, 2011, 04:34:11 PM
 #28

+1, please upgrade this damn slow system.

mtgox.com did fine with higher volume in the past.  It is the bots throwing many requests in per second.  Charge for the requests or rate limit them. 

I think this is one of the potential upgrade options that have been suggested by the community, though maybe not in this thread.  I think this is a more long term/effective solution than creating more servers which could serve to allow more people to abuse bot manipulation.

I use Trade Hill, you can use my referral code (TH-R115864) for a 10% discount on commissions
Public address 1vedbt1pLCKyBfS9eApCfL4UAwQ1et12z
I don't support the artificial value of BTC, don't buy BTC at ridiculous prices.  Let Miners learn the lesson banks wouldn't.  The Supply has outgrown Dema
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August 08, 2011, 04:51:23 PM
 #29

once again BitcoinEXpress proves to be not so bright although highly opinionated as usual
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