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Topic: [ANN Mt.Gox] Hi everyone, just a quick update on the situation and what happened - page 2. (Read 12729 times)

sr. member
Activity: 434
Merit: 250
How long do we think the recovery period will take after the royal fuck up of gox proportions. Back to top in around 3-5 weeks?

I believe it will take much longer than that for Mt. Gox to be replaced as the number one exchange and confidence to return. If this does not happen it's only a matter of time before we're Goxxed again, there's no fix for Gox's kind of stupid.
hero member
Activity: 658
Merit: 500
Caveat Emptor
How long do we think the recovery period will take after the royal fuck up of gox proportions. Back to top in around 3-5 weeks?
hero member
Activity: 718
Merit: 545
MtGox's message about what happened yesterday, is probably the most offensive, in my face, stupid thing I have ever been told.

I do not use them, their site is RUBBISH, btc-e so much nicer, I just can't understand why GOX WAS the biggest.. ?
hero member
Activity: 756
Merit: 522
I bet the mtgox site was in fact built by web app experts, not trading system experts and it shows.

Exactly. Although "experts" may be going a little too far. It was built by webapp hobbyists. It does show.

Just give up at life Mt. Gox....I stopped using y'all for everything a long time ago surprised everyone else hasn't also....I even use BTC-e last price for about 2 weeks now.....Either fix your shit or take your nice little pile of earnings and die a majestic death.

How much do we know about Mt. Gox ownership? Are these people banksters? I doubt they could do so much damage to Bitcoin's image if they tried.

They're retards, basically. And right you are, they couldn't do as much damage if they tried. That's how retards work.
sr. member
Activity: 434
Merit: 250
Just give up at life Mt. Gox....I stopped using y'all for everything a long time ago surprised everyone else hasn't also....I even use BTC-e last price for about 2 weeks now.....Either fix your shit or take your nice little pile of earnings and die a majestic death.

How much do we know about Mt. Gox ownership? Are these people banksters? I doubt they could do so much damage to Bitcoin's image if they tried.
sr. member
Activity: 252
Merit: 250
Just give up at life Mt. Gox....I stopped using y'all for everything a long time ago surprised everyone else hasn't also....I even use BTC-e last price for about 2 weeks now.....Either fix your shit or take your nice little pile of earnings and die a majestic death.
sr. member
Activity: 434
Merit: 250
Holy sh1t down again.

The next time someone says they trade at Mt. Gox, I'm just going to bumb rush them. I feel it's my duty to protect the human gene pool from such stupidity spreading.
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
Alex...

Oh Aaaaallleeeeex??

want to tell me again how hard it is to be gox?
donator
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
I already have, but I reserve the right to keep whining until everyone else does too.

I want to see GOX close and lose their business because they deserve it. They burnt a lot of people with their antics

TWICE. Run away.

THRICE, if we add the reversal of transactions in 2011
sr. member
Activity: 434
Merit: 250
I already have, but I reserve the right to keep whining until everyone else does too.

I want to see GOX close and lose their business because they deserve it. They burnt a lot of people with their antics

TWICE. Run away.
full member
Activity: 196
Merit: 116
Entrepreneur, coder, hacker, pundit, humanist.
I already have, but I reserve the right to keep whining until everyone else does too.

I want to see GOX close and lose their business because they deserve it. They burnt a lot of people with their antics
sr. member
Activity: 434
Merit: 250
Please stop whining about Mt. Gox and close your accounts. They clearly do not get the message or care at all when you complain so hit them where it counts, take your business elsewhere.
full member
Activity: 196
Merit: 116
Entrepreneur, coder, hacker, pundit, humanist.
I bet the mtgox site was in fact built by web app experts, not trading system experts and it shows.


Here's a hint for you: mtgoxlive and the charts on mtgox are just as "cached" as bitcoinity and they can't handle 100 users.

You think that might be a coincidence? See, even when the mtgox people are implementing stuff that should be "simple", they screw it up.
sr. member
Activity: 382
Merit: 253
Here's the funny thing:

Bitcoinity is currently handling more than 11k simultaneous users, streaming charts and tracking lag. Far as I can tell, bitcoinity is not lagging even 1 second. They are lightning fast.

Meanwhile, with a lot fewer users and trades mtgox is basically 10 minutes behind on average

Funny how the charting company is doing better for FREE than the multi-million revenue exchange.

IDIOTS

(bitcoinity you rock!)

LOL, yeah a site that just shows some data and doesn't need to handle any user specific data nor worry about security is faster than one that needs to make sure that every user's pages have data that is live especially for them.

Those of us that have actually built web applications at least have a little understanding that there's a huge difference in functionality between these sites. The guys behind Gox may not be the best and brightest, but the demands on their system are a whole heck of a lot more than one that can cache pretty much everything.
full member
Activity: 196
Merit: 116
Entrepreneur, coder, hacker, pundit, humanist.
Here's the funny thing:

Bitcoinity is currently handling more than 11k simultaneous users, streaming charts and tracking lag. Far as I can tell, bitcoinity is not lagging even 1 second. They are lightning fast.

Meanwhile, with a lot fewer users and trades mtgox is basically 10 minutes behind on average

Funny how the charting company is doing better for FREE than the multi-million revenue exchange.

IDIOTS

(bitcoinity you rock!)
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
You guys are still laggin like shit. So remind me what was the point of halting trading for 12 hours?
full member
Activity: 176
Merit: 106
XMR = BTC in 2010. Rise chikun.
/*Rant:/

I've used Mt. Gox since 2011, but their recent unprofessionalism is completely unacceptable.  Since Bitcoin is starting to go mainstream, they need to learn how to do business, communicate openly and honestly through quality public relations (not excuses), and learn to apologize for mistakes.  I'm sure they are very busy now with an influx of 20,000 new customers per day, but they should have been prepared for an increase in customers, and should have upgraded their infrastructure long ago to be able to handle trading volume like this.  We all knew it was coming, and they should have hired people with competence in writing trading matching engines with Wall Street experience beforehand.  Mt. Gox's archaic and poorly written trading engine is completely unacceptable, not including their recent failure in regard to the API "upgrade" which resulted in the sudden, unannounced failure of their Android Mt. Gox Mobile application, their classic website (http://classic.mtgox.com), and the failure of other services relying on the data streams.  Their websockets go down very often which makes monitoring of trade data highly difficult.  Even after resuming the 12-hour trading halt there is over 15 minutes of lag time...
full member
Activity: 137
Merit: 100
I was thinking Stay Puft, but Gozer said Grover
I'm just sick of everyone who says MTGOX are idiots being accused of not knowing what they're talking about.

Not all of us are 18 yr old redditors who just found out how to use the web.



If you're including me in the gang of morons you need to reread what I wrote.


Absolutely NOT grover. I am referring to Alex from MtGox whose response to criticism (valid) was that those criticizing didn't know what they're talking about and had it easy "on the other side of the keyboard". He treated everyone with criticism as clueless noobs.

My point was: I do know what I'm talking about. I've worked on these systems and I posted the picture to show that. I am appalled by the public response, lack of contrition and general incompetence of the mtgox engineers, spokespeople, PR people and owners.

I did not mean to offend anyone EXCEPT mtgox and Alex. I very much intend to offend them ;-)

I'm not offended at all. I misread your post.  I was making sarcastic fun of the posters claiming you were saying that Juniper was listed on NYSE and that was the reason for your picture, when clearly your post was about Juniper being the network that runs NYSE's trading.

I think Gox is a joke and that Gox is a 80% attack on a coin that has finally garnered enough fiat worth to make pulling a true 51% attack pretty simple and possibly very lucrative.  ASICs and ddos the major pools and BTC is a goner.  Gox is doing their job of ruining BTC for all the new people who just got suckered into what is/was supposed to be some new kind of commodity where people run through dew covered meadows wearing garmets made of thin white silk while Cherry Trees blossomed and rose petals rain from the sky and there are no crooks or sharks or bot run exchanges stealing people's actual money.
full member
Activity: 196
Merit: 116
Entrepreneur, coder, hacker, pundit, humanist.
I'm just sick of everyone who says MTGOX are idiots being accused of not knowing what they're talking about.

Not all of us are 18 yr old redditors who just found out how to use the web.



If you're including me in the gang of morons you need to reread what I wrote.


Absolutely NOT grover. I am referring to Alex from MtGox whose response to criticism (valid) was that those criticizing didn't know what they're talking about and had it easy "on the other side of the keyboard". He treated everyone with criticism as clueless noobs.

My point was: I do know what I'm talking about. I've worked on these systems and I posted the picture to show that. I am appalled by the public response, lack of contrition and general incompetence of the mtgox engineers, spokespeople, PR people and owners.

I did not mean to offend anyone EXCEPT mtgox and Alex. I very much intend to offend them ;-)
full member
Activity: 137
Merit: 100
I was thinking Stay Puft, but Gozer said Grover
That's me on the left. I'll give you three guesses as to the location and why I was invited to this by the CEO.
JNPR traded on the nasdaq not the NYSE.   Why the photo?
JNPR also went public in June (on the NASDAQ, not on the big board), not in october.   So, I ask again, what is the meaning of the photo?
His CEO made him be at NYSE instead of NASDAQ when JNPR went public, to make sure he wouldn't ruin the event.  They took the photo and everything to make it look authentic. That's my guess.

Maybe my ability to read into what is written is impaired.

Where in the post in question did the poster claim Juniper was listed on the NYSE?

Is it just me or did the poster claim that the NYSE now runs on a Juniper network?

I could have missed something so please let me know.


The NYSE network runs on Juniper. That was the day they announced the new NYSE algo trading network built on Juniper. It offers micro-second latency for trading.

I'm just sick of everyone who says MTGOX are idiots being accused of not knowing what they're talking about.

Not all of us are 18 yr old redditors who just found out how to use the web.



If you're including me in the gang of morons you need to reread what I wrote.
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