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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1649464 times)
BitcoinTate
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April 03, 2013, 04:37:26 PM
 #17981

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
Walls where meant to be torn down, just ask Ronald Reagan.

- aka The "DigiMan"
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ineededausername
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April 03, 2013, 04:37:40 PM
 #17982

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



I'm calling it at $1000

(BFL)^2 < 0
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April 03, 2013, 04:38:10 PM
 #17983

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
So true hahaha. More coins for someone else!
MoneyIsDebt
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April 03, 2013, 04:38:25 PM
 #17984

Argh. Due to gox fail I lost 19 btc on a day where everyone else is celebrating.  Angry

Sig for sale
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April 03, 2013, 04:39:27 PM
 #17985

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

I know this because Tyler knows this.
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April 03, 2013, 04:39:34 PM
 #17986

Argh. Due to gox fail I lost 19 btc on a day where everyone else are celebrating.  Angry
Damn Bro... you got Gawwxxxeeeddd!

- aka The "DigiMan"
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April 03, 2013, 04:40:49 PM
 #17987

Bears, is that the best you can do with a one-hour DDoS?  Better luck next time.

(BFL)^2 < 0
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April 03, 2013, 04:43:56 PM
 #17988

30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Hai
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April 03, 2013, 04:46:03 PM
 #17989

Lag climbing again. Bought back in @ 132

Like me? BEER ME: 1BeERMeLkrzbRRkWJ4cfehB6iKhPp6BX49
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April 03, 2013, 04:46:37 PM
 #17990

30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

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April 03, 2013, 04:49:38 PM
 #17991

30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

Just a precaution for now.  Right now I'm just making sure I have the ability to trade if need be.
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April 03, 2013, 04:51:53 PM
 #17992

30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

Just a precaution for now.  Right now I'm just making sure I have the ability to trade if need be.

Why not one of the other exchanges? One that doesn't go down for two hours at a time just for fun?

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April 03, 2013, 04:52:10 PM
 #17993

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 to be not 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...

I am not a programmer but have been around it enough to understand the basics. My question was really 'why hasn't Mt Gox done anything about this?', but I do realize that it can be hard to make time for upgrades considering the increased volume they've experienced. I have seen very poorly structured databases handle extremely large volumes of data (a GSM/CDMA SCADA provider with tens of thousands of units in the field communicating mountains of data to a DB created by an electrical engineer with little programming/architecture experience). Of course they probably had better servers and I/O support. They hired a DB architect to clean it up after several system wide outages.

I'm simply shocked that this has not yet been addressed at Mt. Gox (or perhaps it's in-process). I guess it's much easier said than done; they weren't ready for this level of volume.....still, this doesn't seem like their data would be a very complex.
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April 03, 2013, 04:52:17 PM
 #17994

Ok, panic is over, back on track to continue the rally.


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
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April 03, 2013, 04:52:27 PM
 #17995

30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

Just a precaution for now.  Right now I'm just making sure I have the ability to trade if need be.
No where to go but up from here my friend! Bad juju keeping your coins online.

- aka The "DigiMan"
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April 03, 2013, 04:54:13 PM
 #17996


No where to go but up from here my friend! Bad juju keeping your coins online.

That's what everyone was saying right before the giant housing crash in the US
mccorvic
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April 03, 2013, 04:56:46 PM
 #17997


No where to go but up from here my friend! Bad juju keeping your coins online.

That's what everyone was saying right before the giant housing crash in the US

Clearly, bitcoins are houses.

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BitcoinTate
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April 03, 2013, 04:59:13 PM
 #17998


No where to go but up from here my friend! Bad juju keeping your coins online.

That's what everyone was saying right before the giant housing crash in the US
There is no way any comparison can be made to the US housing bubble crash and Bitcoin right now. Is anyone selling off Bitcoin backed derivatives? No.  (If they where they might make a killing...haha)

A comparison to the rapid adoption of Facebook would be a better indicator but still far from the actual picture.

- aka The "DigiMan"
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April 03, 2013, 05:01:43 PM
 #17999

You know what they call Thursdays these days?... Wednesdays  Grin
mccorvic
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April 03, 2013, 05:02:58 PM
 #18000

Sweet jebus, why is Mtgox so awful?!

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