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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652671 times)
Richy_T
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April 03, 2013, 04:03:45 PM
 #17961

I simply find it difficult to believe that the Mt Gox system doesn't scale well enough to handle a high volume influx of trades;

You either don't work in IT or haven't worked there long enough.

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mccorvic
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April 03, 2013, 04:06:10 PM
 #17962

I demand that Gox buy up to 150 again to make up for this stupidity!

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NamelessOne
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April 03, 2013, 04:07:02 PM
 #17963

Woohoo, the lag is down to 9 mins! Only 9 minutes! 9 whole minutes! Oh my aren't we lucky! Oppss nevermind it is 10 minutes.
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April 03, 2013, 04:07:59 PM
 #17964

I simply find it difficult to believe that the Mt Gox system doesn't scale well enough to handle a high volume influx of trades;

You either don't work in IT or haven't worked there long enough.

I don't work in IT. School me.....
BitcoinTate
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April 03, 2013, 04:11:19 PM
 #17965

I simply find it difficult to believe that the Mt Gox system doesn't scale well enough to handle a high volume influx of trades;

You either don't work in IT or haven't worked there long enough.

I don't work in IT. School me.....
Its been posted time and time again that the way they do their database queries is ssssllllllooooowwww. Shit even installing some SSD's with all their new found profits would fix the problem for awhile.

- aka The "DigiMan"
mccorvic
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April 03, 2013, 04:12:20 PM
 #17966

Unless I missed something, it looks like the big buy walls at $90 have vanished.  Preparing for a buy or placing the wall closer to 130??

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April 03, 2013, 04:13:33 PM
 #17967

Unless I missed something, it looks like the big buy walls at $90 have vanished.  Preparing for a buy or placing the wall closer to 130??
It looks bigger now on my bitcoinity chart?

- aka The "DigiMan"
crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME


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April 03, 2013, 04:27:06 PM
 #17968

What makes me mad is last night before I went to bed I had a sell order in at $145 when the price was $120. I cancelled it when I saw BTC China was up to $170. Woke up and saw it had just hit $147.  lol

I don't know how by LITERALLY 70% of my bids and asks will always be 0.2% higher or lower than the peak or dip price.
So far following BTC China's price by 12-24 hr has been the best indicator I have found anywhere for placing orders.

It's true, I found myself checking btc china often myself too perhaps it's the big winner out of all of this.

more or less retired.
Richy_T
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April 03, 2013, 04:32:51 PM
 #17969

I simply find it difficult to believe that the Mt Gox system doesn't scale well enough to handle a high volume influx of trades;

You either don't work in IT or haven't worked there long enough.

I don't work in IT. School me.....

It's not unusual for systems not to be designed to scale well, particularly when the need to scale is hard to foresee. Sometimes it's just under-specced hardware, sometimes it's unfortunate architecture decisions, sometimes it's something as simple as neglecting to add an appropriate index to a table (I have seen that drop a query lasting over a minute to sub-second response). Then, not only is your system suddenly struggling under a load, it's so busy that it's hard to interrupt it to perform necessary upgrades. Sort of a catch-22.

What also doesn't help is that your system can be performing fine up to maybe 95% capacity then you cross a threshold and everything goes to crap. Queries start failing so people start hammering the system more trying to get their information instead of getting it in a nice steady flow. You start falling behind and things just go from bad to worse, you're spending your time catching up instead of servicing new queries and because of this, people are putting in more and more new queries. Your problem is generating problems.

Now, ideally, MtGox would have spent some time architecturing things so that things could have scaled easily. Then again, ideally Cyprus wouldn't have set things up so that they had to dip into peoples bank accounts so...

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BitcoinTate
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April 03, 2013, 04:33:14 PM
 #17970

What makes me mad is last night before I went to bed I had a sell order in at $145 when the price was $120. I cancelled it when I saw BTC China was up to $170. Woke up and saw it had just hit $147.  lol

I don't know how by LITERALLY 70% of my bids and asks will always be 0.2% higher or lower than the peak or dip price.
So far following BTC China's price by 12-24 hr has been the best indicator I have found anywhere for placing orders.

It's true, I found myself checking btc china often myself too perhaps it's the big winner out of all of this.
I added the BTC China Ticker chrome extension to my browser so I always have a live price indicator in the upper right hand corner.

I call it my "BTC Early Warning Price Indicator".. haha

https://chrome.google.com/webstore/detail/btc-china-ticker/oldbljnlaakjccbddlmgfmpnffhmggea?hl=zh-CN

- aka The "DigiMan"
ineededausername
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bitcoin hundred-aire


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April 03, 2013, 04:35:08 PM
 #17971

goxlag almost gone, 22s just then

(BFL)^2 < 0
mccorvic
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April 03, 2013, 04:35:14 PM
 #17972

Looks like we may not dip nearly as low as I had thought.  People, you best be panic buying again.

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TheJuice
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April 03, 2013, 04:35:25 PM
 #17973

Lag under a minute with prices holding @ 130

Like me? BEER ME: 1BeERMeLkrzbRRkWJ4cfehB6iKhPp6BX49
ineededausername
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bitcoin hundred-aire


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April 03, 2013, 04:35:37 PM
 #17974

Looks like we may not dip nearly as low as I had thought.  People, you best be panic buying again.

Buy buy buy! BTCChina still at $160 Grin

(BFL)^2 < 0
BitcoinTate
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April 03, 2013, 04:35:48 PM
 #17975

Gox Lag 2 s.... price at $135... wow!

- aka The "DigiMan"
BitcoinTate
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April 03, 2013, 04:36:16 PM
 #17976

Looks like we may not dip nearly as low as I had thought.  People, you best be panic buying again.

Buy buy buy! BTCChina still at $160 Grin
Agreed!!!

- aka The "DigiMan"
ineededausername
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April 03, 2013, 04:36:27 PM
 #17977

That was a big letdown Grin
Back to normal without a huge crash.

(BFL)^2 < 0
NamelessOne
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April 03, 2013, 04:36:34 PM
 #17978

goxlag almost gone, 22s just then
I came to write the same thing. The fiasco seems to be over. Price hardly moved. But while we had like 20 coins to get past 142 before, we now have 5000! LOL
ineededausername
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April 03, 2013, 04:36:53 PM
 #17979

goxlag almost gone, 22s just then
I came to write the same thing. The fiasco seems to be over. Price hardly moved. But while we had like 20 coins to get past 142 before, we now have 5000! LOL

= one loaded purchase Wink

(BFL)^2 < 0
mccorvic
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April 03, 2013, 04:36:59 PM
 #17980

Looks like we may not dip nearly as low as I had thought.  People, you best be panic buying again.

Buy buy buy! BTCChina still at $160 Grin

I like to think of myself as a super-bull, but I always seem to be underestimating the strength of BTC.  I thought I was bein' really aggressive when I predicted a 2013 high of 17 bucks or so Cheesy


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