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Author Topic: MtGox - too many connections  (Read 12889 times)
CoinMan
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April 30, 2011, 01:12:05 AM
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Anyone else having intermittent problems trading on Mt Gox this evening?  Two of us are for sure...keep seeing "too many connections".  Sad

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riX
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April 30, 2011, 01:20:15 AM
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Yes.. I notice it too.

coined
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April 30, 2011, 02:02:32 AM
 #3

has this happened before?

if not the rally may not be over, or even close to slowing down, maybe the market could outgrow what mt. gox can handle?  Shocked
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April 30, 2011, 02:31:03 AM
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Or someone made a bad bot or greasemonkey script.

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April 30, 2011, 04:13:50 AM
 #5

Nah, getting DDoS'd.

The attack is mostly blocked now, however I cannot tell for sure for how long it'll continue. Just hope whoever's doing this will get bored.

CoinMan
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April 30, 2011, 04:19:57 AM
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Nah, getting DDoS'd.

The attack is mostly blocked now, however I cannot tell for sure for how long it'll continue. Just hope whoever's doing this will get bored.

Thanks it has seem to have cleared up for me.

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Longmarch
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April 30, 2011, 05:08:25 AM
 #7

05:04 UTC and still MtGox is still having problems. 

While I'm delurked... is there an intro thread somewhere?  I've really got nothing interesting to say right now, but I don't want to come out of left field if an when I do.



eta:  I guess I'm not sure what happened.  I had to clear the cookie... I don't know if it got garbled somehow or if I got locked out because I was loading pages too fast.  The chart is flatlined right about that time, though.  Who knows?  Great site though.  Slainte!


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April 30, 2011, 06:09:47 AM
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05:04 UTC and still MtGox is still having problems. 

While I'm delurked... is there an intro thread somewhere?  I've really got nothing interesting to say right now, but I don't want to come out of left field if an when I do.



eta:  I guess I'm not sure what happened.  I had to clear the cookie... I don't know if it got garbled somehow or if I got locked out because I was loading pages too fast.  The chart is flatlined right about that time, though.  Who knows?  Great site though.  Slainte!

Nah, mtgox is not having problems. You may be unable to access mtgox however if you flooded a bit too much, if so, send your ip to info@mtgox.com so we can check if you were blocked.

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April 30, 2011, 06:28:15 AM
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Nah, mtgox is not having problems. You may be unable to access mtgox however if you flooded a bit too much, if so, send your ip to info@mtgox.com so we can check if you were blocked.

Oh, sorry don't mean to talk bad about your site.  I think I might be a little fried from work. 

My ip doesn't seem to be blocked though.  Cleared my cache and cookies and everything's fine. 

gigi
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April 30, 2011, 06:39:48 PM
 #10

What's the allowed rate to poll MtGox API?

My software accesses it once a minute, to record the quotes and the book. Is that too frequent?

In the last week the API (and the site) was down for me for tens of hours at a time. Could it be that I was banned?

BTW, it would be nice if you would record and make historical prices and book info available.
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April 30, 2011, 08:32:48 PM
 #11

A bit off topic, but I didn't want to create a new thread for this:

Has anybody recognized what kind of a money machine Mt Gox is ?

I mean, the current volume is ~75,000 BTC. Let's assume the average price was ~3.00 USD,
then the total transaction sum over the last 24 (48 ? not sure) hours was 225,000 USD.
As we know Mt Gox charges a small 0.65% fee.
Let's do the math:
225000 / 100 * 0,65 = 1,462.50 USD per 24 (or 48?) hours !

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April 30, 2011, 08:46:47 PM
 #12

A bit off topic, but I didn't want to create a new thread for this:

Has anybody recognized what kind of a money machine Mt Gox is ?

I mean, the current volume is ~75,000 BTC. Let's assume the average price was ~3.00 USD,
then the total transaction sum over the last 24 (48 ? not sure) hours was 225,000 USD.
As we know Mt Gox charges a small 0.65% fee.

Small? Typical mature exchange charges 0.01%

New bitcoin lottery: probiwon.com
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SmokeTooMuch
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April 30, 2011, 09:03:12 PM
 #13

Small? Typical mature exchange charges 0.01%
bitmarket.eu doesn't even have a fee.

My intention was to ask whether my calculations are correct and to start a discussion about lowering the fees at Mt Gox.

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Mbtc
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April 30, 2011, 10:11:31 PM
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Small? Typical mature exchange charges 0.01%
bitmarket.eu doesn't even have a fee.

My intention was to ask whether my calculations are correct and to start a discussion about lowering the fees at Mt Gox.

Looks right to me, except that you seem to have forgotten to multiply by 2 (both buyer and seller pay 0.65%).

Banks are only bad when you're not the banker.
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April 30, 2011, 10:18:15 PM
 #15

Oh, and is there another attack going on right now? Both mtgox and #bitcoin-market seem to be having problems.
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April 30, 2011, 10:38:02 PM
 #16

I'm having problems too.

Let's just say this break in trading could be beneficial.  Maybe MtGox should implement "circuit breakers" to help prevent extreme volatility, like the the NYSE did after the 2010 Flash crash.  http://en.wikipedia.org/wiki/2010_Flash_Crash#Circuit_breakers

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April 30, 2011, 10:44:56 PM
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Small? Typical mature exchange charges 0.01%
bitmarket.eu doesn't even have a fee.

btcex.com too

(although yesterday I was trying to introduce payments for the placing orders. But users revolt Smiley )

New bitcoin lottery: probiwon.com
- Может, ты ещё и в Невидимую Руку Рынка веруешь? - Зачем же веровать в то, что можно наблюдать непосредственно?
SmokeTooMuch
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April 30, 2011, 11:01:52 PM
 #18

Anyone else having intermittent problems trading on Mt Gox this evening?  Two of us are for sure...keep seeing "too many connections".  Sad
down again ...

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April 30, 2011, 11:11:37 PM
 #19

Please assure us that you have adequate controls against being hacked.

Can you tell what percentage of your total BTC funds held in escrow do you keep offline?

Also would be interested in knowing if withdrawal of funds can continue (e.g. via e-mail request) in the event of an extended outage.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
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April 30, 2011, 11:51:21 PM
 #20

All the symptoms of a ddos ... this is quite worrysome: it affects both

Rather it be a DDOS than a compromise of all the bitcoins on the server, Playstation Network style.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
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