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Topic: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours (Read 2717 times)

niothor
hero member
Activity: 826
Merit: 501
in defi we trust
Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 08:09:51 AM
#36
Quote from: 404notfound on February 20, 2014, 02:34:58 AM
Mt gox's custom client adds a loading queue and transaction malleability causes slowness and the bitcoin coders buggy software causes problems causing 2 week delays... or something like that

One of the those post I know it's soooo wrong and I don't have a clue where the hell to start and fix it.
cr1776
legendary
Activity: 4228
Merit: 1313
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 06:57:25 AM
#35
Quote from: Holliday on February 20, 2014, 02:21:36 AM
Quote from: superduh on February 20, 2014, 02:14:51 AM
it takes like 2 weeks to just download the blockchain from scratch...

That's odd, it takes me under two days from a clean install.

No kidding, unless I'm running 110 bps dail-up.  300 baud upgrade soon.
Richard Branson
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 05:38:00 AM
#34
Quote from: biafore on February 19, 2014, 10:41:24 AM
Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours

Btw: You lost your 0.5btc bet with me  Tongue
checkers6676
full member
Activity: 128
Merit: 100
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 05:23:32 AM
#33
https://www.mtgox.com/img/pdf/20140220-Announcement.pdf
rmines
full member
Activity: 140
Merit: 100
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 05:13:42 AM
#32
Quote from: superduh on February 20, 2014, 02:14:51 AM
Quote from: BitChick on February 20, 2014, 01:11:32 AM
Quote from: windjc on February 20, 2014, 01:07:12 AM
Quote from: 404notfound on February 20, 2014, 01:01:11 AM
It's odd how it takes gox a week to deploy a fix for a problem that it supposedly found and other exchanges fix this problem within a couple days. The last couple updates did happen around 7pm. Probably around the time they leave the office so they don't have to deal with all the backlash lol.

I keep mentioning this but Andreas said that the Gox code was so bad that it could take them 2-4 weeks to update. I think many people underestimate how poorly their code was developed, thus causing updates to take many times longer than other exchanges. We just all default to assume its an easy fix.

I think most people would be patient with code issues and be willing to wait for 2-4 weeks for withdrawals if they felt confident that the cash and coins were indeed there and would be available.  Gox has not been transparent and has left everyone feeling uneasy which is what caused such panic. 

it takes like 2 weeks to just download the blockchain from scratch...

More like 30 minutes if you download the torrent.
Have a look at this topic: https://bitcointalksearch.org/topic/ann-bitcoin-blockchain-data-torrent-145386
southerngentuk
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 05:11:53 AM
#31
Quote from: Jeezy911 on February 20, 2014, 02:42:10 AM
You guys are fucking nuts buying on Gox.
Nuts - Maybe
Stupid - probably
Brave - Absolutely

I know if I had a couple of $K kicking around that I could afford to loose I would take the chance.

There is opportunity, that does not come about often.  Grin

Jeezy911
sr. member
Activity: 294
Merit: 250
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:42:10 AM
#30
You guys are fucking nuts buying on Gox.
zero3112
hero member
Activity: 588
Merit: 500
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:39:58 AM
#29
The blockchain has grown alot and is quickly approaching 20GB last time I downloaded it from scratch it took 5 days. The bitcoin qt is just slow I found it much faster just to use the torrent and have everything downloaded in less then 1 hour.
PirateHatForTea
full member
Activity: 181
Merit: 104
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:36:23 AM
#28
Quote from: Hyena on February 20, 2014, 02:25:56 AM
Quote from: Holliday on February 20, 2014, 02:21:36 AM
Quote from: superduh on February 20, 2014, 02:14:51 AM
it takes like 2 weeks to just download the blockchain from scratch...

That's odd, it takes me under two days from a clean install.

Maybe he lives in Niggeria or something?

Dude, das racist.
404notfound
newbie
Activity: 28
Merit: 0
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:34:58 AM
#27
Mt gox's custom client adds a loading queue and transaction malleability causes slowness and the bitcoin coders buggy software causes problems causing 2 week delays... or something like that
CryptoMinter
newbie
Activity: 53
Merit: 0
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:33:12 AM
#26
Quote from: superduh on February 20, 2014, 02:30:26 AM
Quote from: Hyena on February 20, 2014, 02:25:56 AM
Quote from: Holliday on February 20, 2014, 02:21:36 AM
Quote from: superduh on February 20, 2014, 02:14:51 AM
it takes like 2 weeks to just download the blockchain from scratch...

That's odd, it takes me under two days from a clean install.

Maybe he lives in Niggeria or something?

takes 2-3 hours per month for me. running stock reference client. maybe something is off. let me know Smiley

It used to take a long time, back in early 2013. The reference client used some terrible flat file database system and it was basically disk I/O bound trying to download and validate transactions. The newer version switched to a different database type that is considerably faster, and typically network bound.
superduh
hero member
Activity: 602
Merit: 500
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:30:26 AM
#25
Quote from: Hyena on February 20, 2014, 02:25:56 AM
Quote from: Holliday on February 20, 2014, 02:21:36 AM
Quote from: superduh on February 20, 2014, 02:14:51 AM
it takes like 2 weeks to just download the blockchain from scratch...

That's odd, it takes me under two days from a clean install.

Maybe he lives in Niggeria or something?

takes 2-3 hours per month for me. running stock reference client. maybe something is off. let me know Smiley
Hyena
legendary
Activity: 2114
Merit: 1015
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:25:56 AM
#24
Quote from: Holliday on February 20, 2014, 02:21:36 AM
Quote from: superduh on February 20, 2014, 02:14:51 AM
it takes like 2 weeks to just download the blockchain from scratch...

That's odd, it takes me under two days from a clean install.

Maybe he lives in Niggeria or something?
Holliday
legendary
Activity: 1120
Merit: 1012
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:21:36 AM
#23
Quote from: superduh on February 20, 2014, 02:14:51 AM
it takes like 2 weeks to just download the blockchain from scratch...

That's odd, it takes me under two days from a clean install.
Holliday
legendary
Activity: 1120
Merit: 1012
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:19:29 AM
#22
Quote from: derpinheimer on February 20, 2014, 01:19:09 AM
These are the horrors of bitcoin. So damned easy to lose.

o.O

I make multiple backups of wallets before I even fund them...

Bitcoins have to be the easiest asset to protect, I can make as many copies as I want! I wish I could do that with my car.
superduh
hero member
Activity: 602
Merit: 500
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 02:14:51 AM
#21
Quote from: BitChick on February 20, 2014, 01:11:32 AM
Quote from: windjc on February 20, 2014, 01:07:12 AM
Quote from: 404notfound on February 20, 2014, 01:01:11 AM
It's odd how it takes gox a week to deploy a fix for a problem that it supposedly found and other exchanges fix this problem within a couple days. The last couple updates did happen around 7pm. Probably around the time they leave the office so they don't have to deal with all the backlash lol.

I keep mentioning this but Andreas said that the Gox code was so bad that it could take them 2-4 weeks to update. I think many people underestimate how poorly their code was developed, thus causing updates to take many times longer than other exchanges. We just all default to assume its an easy fix.

I think most people would be patient with code issues and be willing to wait for 2-4 weeks for withdrawals if they felt confident that the cash and coins were indeed there and would be available.  Gox has not been transparent and has left everyone feeling uneasy which is what caused such panic. 

it takes like 2 weeks to just download the blockchain from scratch...
derpinheimer
legendary
Activity: 896
Merit: 1000
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 01:19:09 AM
#20
I wonder if Gox made an error and lost all the coins LOL

These are the horrors of bitcoin. So damned easy to lose.
BitChick
legendary
Activity: 1148
Merit: 1001
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 01:11:32 AM
#19
Quote from: windjc on February 20, 2014, 01:07:12 AM
Quote from: 404notfound on February 20, 2014, 01:01:11 AM
It's odd how it takes gox a week to deploy a fix for a problem that it supposedly found and other exchanges fix this problem within a couple days. The last couple updates did happen around 7pm. Probably around the time they leave the office so they don't have to deal with all the backlash lol.

I keep mentioning this but Andreas said that the Gox code was so bad that it could take them 2-4 weeks to update. I think many people underestimate how poorly their code was developed, thus causing updates to take many times longer than other exchanges. We just all default to assume its an easy fix.

I think most people would be patient with code issues and be willing to wait for 2-4 weeks for withdrawals if they felt confident that the cash and coins were indeed there and would be available.  Gox has not been transparent and has left everyone feeling uneasy which is what caused such panic. 
windjc
legendary
Activity: 2156
Merit: 1070
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 01:07:12 AM
#18
Quote from: 404notfound on February 20, 2014, 01:01:11 AM
It's odd how it takes gox a week to deploy a fix for a problem that it supposedly found and other exchanges fix this problem within a couple days. The last couple updates did happen around 7pm. Probably around the time they leave the office so they don't have to deal with all the backlash lol.

I keep mentioning this but Andreas said that the Gox code was so bad that it could take them 2-4 weeks to update. I think many people underestimate how poorly their code was developed, thus causing updates to take many times longer than other exchanges. We just all default to assume its an easy fix.
404notfound
newbie
Activity: 28
Merit: 0
Re: Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours
February 20, 2014, 01:01:11 AM
#17
It's odd how it takes gox a week to deploy a fix for a problem that it supposedly found and other exchanges fix this problem within a couple days. The last couple updates did happen around 7pm. Probably around the time they leave the office so they don't have to deal with all the backlash lol.
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