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Attention! Mt. Gox lags because...
...it lets them to manipulate the price.
Topic: Attention! Mt. Gox lags because... (Read 474 times)
...it lets them to manipulate the price.
Rewriting the quote, we now have...
We can all now fully appreciate why lag occurs, thanking the Green Distant Star that that overworked server was given a well-deserved rest.
To be fair, these are averages. Trades tend to be very bursty, I wouldn't doubt that the peaks are very much higher, and the troughs much much lower than this.Quote
We are still the largest exchange with ~1 trade every 6 seconds averaging $46.68 trade volume.
We can all now fully appreciate why lag occurs, thanking the Green Distant Star that that overworked server was given a well-deserved rest.
Still... C'mon, guys, you've had how many millions of dollars in trade fees? You couldn't get one more server?
You think servers grow on trees? Ask Mark, he'll tell you, for he owns a hosting company.
Rewriting the quote, we now have...
We can all now fully appreciate why lag occurs, thanking the Green Distant Star that that overworked server was given a well-deserved rest.
To be fair, these are averages. Trades tend to be very bursty, I wouldn't doubt that the peaks are very much higher, and the troughs much much lower than this.Quote
We are still the largest exchange with ~1 trade every 6 seconds averaging $46.68 trade volume.
We can all now fully appreciate why lag occurs, thanking the Green Distant Star that that overworked server was given a well-deserved rest.
Still... C'mon, guys, you've had how many millions of dollars in trade fees? You couldn't get one more server?
Rewriting the quote, we now have...
We can all now fully appreciate why lag occurs, thanking the Green Distant Star that that overworked server was given a well-deserved rest.
Quote
We are still the largest exchange with ~1 trade every 6 seconds averaging $46.68 trade volume.
We can all now fully appreciate why lag occurs, thanking the Green Distant Star that that overworked server was given a well-deserved rest.
Quote
proving that there's not a server in the world that can handle such a tremendous load--1 trade every 6 seconds.
That couldn't possibly be right
But yeh, you can't really blame them when they're dealing with such massive volume
Remember, the trading platform is separate from the account platform of which is a lighter load with the exception of when a bunch of people are wanting to sign up. If this is not the case, then they have serious problems.
Hmm. Well you seem to know a lot more about it than me. In that case I'll take ya word for it!
Mt Gox I forgive ya!
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proving that there's not a server in the world that can handle such a tremendous load--1 trade every 6 seconds.
That couldn't possibly be right
But yeh, you can't really blame them when they're dealing with such massive volume
Remember, the trading platform is separate from the account platform of which is a lighter load with the exception of when a bunch of people are wanting to sign up. If this is not the case, then they have serious problems.
We should get these http://www.worldometers.info/ guys to add a "Bitcoin transactions per day" stat.
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proving that there's not a server in the world that can handle such a tremendous load--1 trade every 6 seconds.
That couldn't possibly be right
But yeh, you can't really blame them when they're dealing with such massive volume
https://mtgox.com/press_release_20130404.html
See the problem? Allow me to do the math for you.
420,000 trades per month equates to 14,000 trades per day (calculating 30 days in a month).
14,000 trades per day equates to 583.333333333 trades per hour.
583.333333333 trades per hour equates to 9.72222222222 trades per minute.
<60 minutes in a hour.>
Who can tell me what whole number 9.72222222222 rounds up to?
You are correct, Sally! 10, and cross your legs, I'm getting excited.
Now comes the tricky part: 10 trades per minute equates to 1 trade every 6 seconds.
And there you have it, boys and girls, proving that there's not a server in the world that can handle such a tremendous load--1 trade every 6 seconds.
Write a paper on each of the terms written on the blackboard.
Class dismissed. And be careful out there!
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We are still the largest exchange with over 420,000 trades per month and USD $121 million monthly trade volume.
See the problem? Allow me to do the math for you.
420,000 trades per month equates to 14,000 trades per day (calculating 30 days in a month).
14,000 trades per day equates to 583.333333333 trades per hour.
583.333333333 trades per hour equates to 9.72222222222 trades per minute.
<60 minutes in a hour.>
Who can tell me what whole number 9.72222222222 rounds up to?
You are correct, Sally! 10, and cross your legs, I'm getting excited.
Now comes the tricky part: 10 trades per minute equates to 1 trade every 6 seconds.
And there you have it, boys and girls, proving that there's not a server in the world that can handle such a tremendous load--1 trade every 6 seconds.
Write a paper on each of the terms written on the blackboard.
Code:
Slippage
Stop Hunting
Arbitrary Account Closures without Valid Reasons
Non-Payment of Trading Profits
Freezing Platforms
Stop Hunting
Arbitrary Account Closures without Valid Reasons
Non-Payment of Trading Profits
Freezing Platforms
Class dismissed. And be careful out there!
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