deathcode
Copper Member
Sr. Member
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Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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April 10, 2013, 04:12:12 PM |
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Nice support at $230.
Loving the lag Mt Gox really loving it...
It's a chance to buy
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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April 10, 2013, 04:12:37 PM |
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It's a chance to buy {"result":"success","return":{"lag":1117805451,"lag_secs":1117.805451,"lag_text":"18 minutes"}}
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mccorvic
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April 10, 2013, 04:13:57 PM |
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Gox, I know you love being greedy idiots and all, but it's time to hit the pause button to let your crappy server catch up to itself.
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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April 10, 2013, 04:14:02 PM |
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Nice support at $230.
Loving the lag Mt Gox really loving it...
It's one broken system. Trading should be suspended while all orders are processed once the lag hits some pre determined number of seconds. Once it catches up if a pre defined movement in price of say 20% either way has happened during the lag processing some kind of timeout should be initiated.
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ManBearPig
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April 10, 2013, 04:15:57 PM |
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I think this sums up the market and my brain at the moment.
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humanitee
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April 10, 2013, 04:17:38 PM |
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I think this sums up the market and my brain at the moment. Looks like a lucif chart
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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| Whitepaper Medium Reddit
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qwk
Donator
Legendary
Offline
Activity: 3542
Merit: 3411
Shitcoin Minimalist
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April 10, 2013, 04:17:53 PM |
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I think this sums up the market and my brain at the moment. Reminds me of:
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Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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mestar
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April 10, 2013, 04:20:31 PM |
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The stable price is where the value created by bitcoin network is equal to the costs of running the whole network. And at least one of those two is dependent on bitcoin price. So just try to estimate those two numbers and compare them.
That is just not true. Search your feelings and you know it. Is the price of 100 dollar bill same as the cost of printing one? No it is not and it is same with Bitcoin. Can you be more specific at what exactly is not true. The cost of running the network is not dependent on the cost of creating early bitcoins. Those were very cheap. The cost is dependent on the current market price. That myth is debunked here: https://en.bitcoin.it/wiki/Myths#The_value_of_bitcoins_are_based_on_how_much_electricity_and_computing_power_it_takes_to_mine_themAh, yes, but I didn't say that. I said that the cost of running the network is dependent on the market price. Let me draw it for you: (electricity to generate) ---> bitcoin value NOT THIS ONE bitcon price ---> cost of running the network THIS ONE See, those two are not the same statements. Your link is debunking the fist one, quite correctly. I said the second one. From the link: "In fact the causality is the reverse of that (this applies to the labor theory of value in general). The cost to mine bitcoins is based on how much they are worth. If bitcoins go up in value, more people will mine (because mining is profitable), thus difficulty will go up, thus the cost of mining will go up. The inverse happens if bitcoins go down in value. These effects balance out to cause mining to always cost an amount proportional to the value of bitcoins it produces." The "cost to mine" is probably a major part of cost of running the whole network.
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DougTanner
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April 10, 2013, 04:20:51 PM |
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Still 15 minutes lag
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ManBearPig
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April 10, 2013, 04:21:20 PM |
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I think this sums up the market and my brain at the moment.
Reminds me of: Yeah Kandinsky is a fan of mine :p
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deepceleron
Legendary
Offline
Activity: 1512
Merit: 1028
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April 10, 2013, 04:30:05 PM |
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The forum is barely surviving, with connection errors coming up someone trying another DDOS + manipulation?
BTW, you just lost 12% of your BTC wealth in 4 hours (+ whatever the mystery bids are from 20 minutes ago).
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DougTanner
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April 10, 2013, 04:34:21 PM Last edit: April 10, 2013, 04:51:08 PM by DougTanner |
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Just broke $230, still lagging like fuck. Also these forums are under DDOS, shall we move this thread to /r/Bitcoin
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humanitee
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April 10, 2013, 04:50:10 PM |
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China @ $287, lol.
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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| Whitepaper Medium Reddit
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mestar
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April 10, 2013, 04:50:27 PM |
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Surpbitcoin
Member
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Activity: 112
Merit: 10
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April 10, 2013, 04:51:04 PM |
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222, wtf?
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Richy_T
Legendary
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Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 10, 2013, 04:52:20 PM |
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Those weak hands keep sneaking back in.
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 10, 2013, 04:53:38 PM |
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essem
Newbie
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Activity: 42
Merit: 0
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April 10, 2013, 04:56:15 PM |
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Gox is to blame for this, make no mistake
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Richy_T
Legendary
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Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 10, 2013, 04:56:42 PM |
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Mtgox trading engine lag: 1103.79s
That's nearly 20 minutes!!!
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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mrbitbank
Newbie
Offline
Activity: 48
Merit: 0
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April 10, 2013, 04:56:59 PM |
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Don't worry its just a correction, most likley miners offloading coins some profit takers, worried newbies the one thing we have all learnt is that dips are a buying opportunity because next week we are heading for $300-$350
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