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The-Real-Link
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March 28, 2013, 11:00:46 PM |
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Is it just how they write their database txes? Can you start a new db table against a master log say every 15 minutes so it's not writing to something the system can't handle?
This type of coding is far beyond me but you'd think a (relatively) modest market of BTC wouldn't pound an exchange so hard that it can't keep up. I know in other good threads it was explained that just faster HDDs or SSDs wouldn't solve the problem alone but if not that then what? Spread the load to more physical systems? I don't think you could simplify the necessary transaction data further.
It just seems so odd that in periods of insane activity that they crash. If they're in an office building I'd imagine their net in and out is fast enough to handle tons of small KB-sized chunks.
I'm all for someone having an exchange without lag, though I'm sure it's easier said than done.
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Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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zkay
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March 28, 2013, 11:02:18 PM |
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We're not out of the woods yet. Gox is lagging again.
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BitcoinTate
Full Member
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Activity: 224
Merit: 100
DigiByte Founder
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March 28, 2013, 11:02:26 PM |
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Is it just how they write their database txes? Can you start a new db table against a master log say every 15 minutes so it's not writing to something the system can't handle?
This type of coding is far beyond me but you'd think a (relatively) modest market of BTC wouldn't pound an exchange so hard that it can't keep up. I know in other good threads it was explained that just faster HDDs or SSDs wouldn't solve the problem alone but if not that then what? Spread the load to more physical systems? I don't think you could simplify the necessary transaction data further.
It just seems so odd that in periods of insane activity that they crash. If they're in an office building I'd imagine their net in and out is fast enough to handle tons of small KB-sized chunks.
I'm all for someone having an exchange without lag, though I'm sure it's easier said than done.
But then they wouldn't make as much off panicing sellers... lol |
- aka The "DigiMan"
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jojo69
Legendary
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Activity: 3150
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diamond-handed zealot
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March 28, 2013, 11:04:16 PM |
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Is it just how they write their database txes? Can you start a new db table against a master log say every 15 minutes so it's not writing to something the system can't handle?
This type of coding is far beyond me but you'd think a (relatively) modest market of BTC wouldn't pound an exchange so hard that it can't keep up. I know in other good threads it was explained that just faster HDDs or SSDs wouldn't solve the problem alone but if not that then what? Spread the load to more physical systems? I don't think you could simplify the necessary transaction data further.
It just seems so odd that in periods of insane activity that they crash. If they're in an office building I'd imagine their net in and out is fast enough to handle tons of small KB-sized chunks.
I'm all for someone having an exchange without lag, though I'm sure it's easier said than done.
wall street seems to manage it |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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samson
Legendary
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Activity: 2097
Merit: 1068
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March 28, 2013, 11:07:47 PM |
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so this is it right, the last drop b4 we bust up and over 100$  wait. i feel like i should be joining the sellers after reading that Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy. I have a feeling we could be in the $70's again before the $90's |
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Herodes
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March 28, 2013, 11:09:38 PM |
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so this is it right, the last drop b4 we bust up and over 100$ wait. i feel like i should be joining the sellers after reading that Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy. I have a feeling we could be in the $70's again before the $90's Gox is working on a new and enhanced trading engine, once that's rolled out - everythign is going to be faster I would think. Mark wrote it in one of his posts, heck his posting history (MagicalTux). |
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Zomdifros
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March 28, 2013, 11:10:53 PM |
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It appears that the market just gets a bit scared of heights sometimes
those are true words, man. that's the only things holding bitcoin back: disbelief. Disbelief that it can really be what it promises to be: one hard liquid world money. Exactly. Bitcoins are worth far more than people are selling them for right now, simply because somehow, we don't want things to go too fast for our mind to grasp it. I cant understand how gox has not done anything to fix this ancient lag problem, jeebers H the amount of money they are loosing by not fixing the problem has to be massive. What a joke they are (i have used them because they have the liquidity I need, I am now waiting for better before I trade again).
I hope someone comes along soon and takes the market off them with all the trimmings a big exchange needs for the upcoming big players, Trade Hill maybe?
I'm guessing Coinlab. |
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samson
Legendary
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Activity: 2097
Merit: 1068
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March 28, 2013, 11:13:31 PM |
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I'm guessing Coinlab.
Does Coinlab have a proper order book where you can place bids and asks or do they just sell at the market rate ? |
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chriswen
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March 28, 2013, 11:13:47 PM |
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Bull trap or bear trap?
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Jaques
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Activity: 112
Merit: 10
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March 28, 2013, 11:17:49 PM |
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seemingly all back to normal
10M$ bid vs 76K ask ...
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thoughtfan
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March 28, 2013, 11:21:52 PM |
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seemingly all back to normal
10M$ bid vs 76K ask ...
Normal? The bottom of my MtGox Live chart is looking like a child scribbled all over it with crayon!  |
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thoughtfan
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March 28, 2013, 11:25:14 PM |
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absolutly crazy!
happy i learned my lessons in other makets before entering here ...
actually one should not operate as a trader in market as crazy as this one
but it¡s fun! and much better than television ... lol
edit: looks like tings are back to normal
no more crazy sales below actual bids ...
for the moment, psh!
Bitcoin is going up faster than a diver's fart  WEEEEEEE!!!! Awesomest quote of the day for me thank you - just SMSd it to my diving brother! |
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The-Real-Link
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March 28, 2013, 11:26:10 PM |
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wall street seems to manage it
That's the point. Hopefully they'll fix it soon enough. |
Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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Mushoz
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March 28, 2013, 11:26:20 PM |
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so this is it right, the last drop b4 we bust up and over 100$ wait. i feel like i should be joining the sellers after reading that Perhaps. I made $2100 on the bounce back between $75 and $85. I originally set the sell order for a higher price but figured I won't be too greedy. I have a feeling we could be in the $70's again before the $90's Nope, you're wrong. 90$ again. |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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Jaques
Member
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Activity: 112
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March 28, 2013, 11:27:28 PM |
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seemingly all back to normal
10M$ bid vs 76K ask ...
Normal? The bottom of my MtGox Live chart is looking like a child scribbled all over it with crayon! i only meant the relation usd-bid/btc-ask and as for the price action i am afraid to say it looks like the "normal" dip seen in btc every when and then latly ... am i wrong? edit: but you are right, it looks just "awesome" ... lol |
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jzcjca00
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March 28, 2013, 11:29:37 PM |
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I hope someone comes along soon and takes the market off them with all the trimmings a big exchange needs for the upcoming big players, Trade Hill maybe?
The other thing we need is an easier way for new U.S. investors to get started. Coinbase would be a great service if it worked. All they ever say is, "Sorry, Coinbase has reached its maximum number of bitcoin purchases for the moment. Please try again later. We'll continue raising this limit over time." If your're willing to keep trying the button hour after hour, they might eventually allow you to buy 10 BTC per day. Whoopee. Sending international wire transfers to Japan is too expensive, both in time and money. Dwolla takes forever to set up, limits the size of your transfers, and is down today due to Dos attack. Other services seem to charge ridiculous fees, if they accept USD at all. Why all the entry barriers? I've been trying to buy bitcoins for weeks with very limited luck. Can someone tell me a good way to get USD to some exchange where I can actually buy some serious bitcoin? One thing that's stopping the growth of Bitcoin is how difficult it is to actually buy them! |
Tips much appreciated! 1PPJHDawPvjh6MEzsvXrMYLgpLmyAaNXUc
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keewee
Legendary
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Activity: 1025
Merit: 1000
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March 28, 2013, 11:30:15 PM |
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Aaaaand back to 90  |
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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Rampion
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Activity: 1148
Merit: 1018
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March 28, 2013, 11:31:20 PM |
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Guys, come on. We will have flash crashes when big players cash part of their stash out and small timers panic sell... But this is going UP UP UP in the mid and long term. I mean, have you seen the insane amount of fiat is pouring into the exchanges? Don't you see bitcointalk.org or reddit are having their higher quantity of online users ever? Don't you see how more people of the streets is slowly hearing about bitcoin and understanding it?
Bullish signs EVERYWHERE
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thoughtfan
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March 28, 2013, 11:32:38 PM |
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I can't believe you idiots are so shortsighted. That was just the orderve. The main course is tomorrow  So seeing as the insults are still flying but no explanation let me ask: If the holders of Bitcoin who believe it to be worthless (or worth much less for the foreseeable future) have just been holding on till they think it has peaked before profiting and getting out won't they have just done that now? If they did my guess is they wouldn't have been the first with the buy-back-in trigger when there were others amused at the dagger waiting to play catch. So who is left with masses of coins ready to drive it down? Don't try and tell me it was early adopters because far as I can tell they wouldn't have adopted early had they not believed this had some potential - and if what's going on now isn't re-affirming that then I don't know what will. So with so many people apparently ready to have a laugh at the daggers and take advantage of them to buy back in (or to buy more) then please give me an example of the thinking of these holders of masses of coins who are going to take it as low as you believe? |
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