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Author Topic: Mt Gox Just Cost me $180 in the time it took to log in.  (Read 1782 times)
bitebitebite
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August 09, 2011, 12:53:46 PM
 #1

 Honestly, Mt Gox is absolutley ridiculous. The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade. What the hells wrong with that site?
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kokjo
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August 09, 2011, 01:04:12 PM
 #2

Honestly, Mt Gox is absolutley ridiculous. The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade. What the hells wrong with that site?
it is been crushed by the masses

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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August 09, 2011, 01:28:50 PM
 #3

The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade.
Use the API, write a bot, move to a location closer to the MtGox server, stay logged in, type faster, disable images in your browser... :-/

I will sign you up anonymously at realitykings.com (http://rk.com)[NSFW] for Bitcoins with 20% discount!
http://timmey.orgfree.com/s.php
read all details in this thread (https://bitcointalk.org/index.php?topic=3242Cool
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August 09, 2011, 01:33:04 PM
 #4

The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade.
Use the API, write a bot, move to a location closer to the MtGox server, stay logged in, type faster, disable images in your browser... :-/
+1

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
bitebitebite
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August 09, 2011, 01:41:46 PM
 #5

The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade.
Use the API, write a bot, move to a location closer to the MtGox server, stay logged in, type faster, disable images in your browser... :-/

lol
payb.tc
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August 09, 2011, 01:44:07 PM
 #6

if you really wanted to sell at $12, you could have put in an order yesterday.
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August 09, 2011, 02:05:41 PM
 #7

if you really wanted to sell at $12, you could have put in an order yesterday.

 I dare say my hindsight is as powerful as yours Smiley Who knew what it was going to today. The point is - you should be able to log into that site at any time in under a minute, not 10-15 like it took to log in + add a trade
payb.tc
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August 09, 2011, 02:09:39 PM
 #8

if you really wanted to sell at $12, you could have put in an order yesterday.

 I dare say my hindsight is as powerful as yours Smiley Who knew what it was going to today. The point is - you should be able to log into that site at any time in under a minute, not 10-15 like it took to log in + add a trade

hindsight tells me that yesterday one would have been more inclined to sell for $12, not less inclined.

...but i get your point about the slow site... i hope they can upgrade soon.
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August 09, 2011, 03:15:51 PM
 #9

Confirm terrible mtgox performance ... typical page load time is 20-30 seconds, up to 2-3 minutes at active times

Come on, that site can run off $10/month VPS, can't they afford $10?
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August 09, 2011, 04:46:56 PM
 #10

I had an old $13 ask, but it didn't quite get there.

With a big one-time buy order like this (or a big single sell-off order), you don't get to log in and sell at the new price, since after it is filled, it's not like everyone else has instantly increased their buy price too. Trade prices will correct quickly, you had to have had an ask (sell) order in the system to help fulfill the instantaneous big buy order.

The site is being slowed down by taster bots that keep putting the same orders in every five seconds.

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August 09, 2011, 06:39:07 PM
 #11

Confirm terrible mtgox performance ... typical page load time is 20-30 seconds, up to 2-3 minutes at active times

Come on, that site can run off $10/month VPS, can't they afford $10?

Not even close. You have no idea what you're talking about.

Also, if you want to be day trading you really should be using, at the least, a standalone front-end (goxsh, etc). Also, think longer term. Don't get caught up in emotion, that's how the bots make money off of you.

I go by threestar most places.
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August 10, 2011, 03:16:23 AM
 #12

Come on, that site can run off $10/month VPS, can't they afford $10?
Not even close. You have no idea what you're talking about.
Also, if you want to be day trading you really should be using, at the least, a standalone front-end (goxsh, etc). Also, think longer term. Don't get caught up in emotion, that's how the bots make money off of you.
+1

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August 10, 2011, 03:20:00 AM
 #13

Everything about MtGox sux except the volume....

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
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August 11, 2011, 12:46:27 AM
 #14

Everything about MtGox sux except the volume....

/thread
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August 11, 2011, 12:54:01 AM
 #15

I dare say my hindsight is as powerful as yours Smiley Who knew what it was going to today. The point is - you should be able to log into that site at any time in under a minute, not 10-15 like it took to log in + add a trade

It's foresight that separates the good traders from the bad ones, not the time it takes to place a trade.  Wink

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kiwiasian
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August 11, 2011, 02:55:17 AM
 #16

Lol you're conplaining to us about this?

Whose fault is it for having slow internet? Mtgox loads fine for me.

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August 11, 2011, 05:38:32 AM
 #17

if you really wanted to sell at $12, you could have put in an order yesterday.

 I dare say my hindsight is as powerful as yours Smiley Who knew what it was going to today. The point is - you should be able to log into that site at any time in under a minute, not 10-15 like it took to log in + add a trade

And with the fee that we are paying for the trades, they have enough money to do this!

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August 11, 2011, 06:01:02 AM
 #18

if you really wanted to sell at $12, you could have put in an order yesterday.

 I dare say my hindsight is as powerful as yours Smiley Who knew what it was going to today. The point is - you should be able to log into that site at any time in under a minute, not 10-15 like it took to log in + add a trade

And with the fee that we are paying for the trades, they have enough money to do this!
We do, and we do.

Only case is if you are attacking MtGox, our ddos protection service (prolexic) will slow you down/block you.

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