Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours

niothor

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in defi we trust

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: 4284

Merit: 1316

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

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Screw It, Let's Do It

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

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https://www.mtgox.com/img/pdf/20140220-Announcement.pdf

rmines

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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

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Activity: 1316

Merit: 254

Sugars.zone | DatingFi - Earn for Posting

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

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Activity: 294

Merit: 250

You guys are fucking nuts buying on Gox.

zero3112

hero member

Activity: 588

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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

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Activity: 181

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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

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

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

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

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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

Hyena

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Activity: 2114

Merit: 1015

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

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

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

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

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Merit: 1000

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

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

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

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.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: GigaCoin on February 20, 2014, 12:50:11 AM

didn't the staff go back home by now ? This might not happen today

Didnt the last 2 updates happen around 7pm in Tokyo?

GigaCoin

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Activity: 308

Merit: 251

Giga

didn't the staff go back home by now ? This might not happen today

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: mb300sd on February 19, 2014, 04:48:53 PM

I'm buying some goxcoins right now, at these prices, I don't care if it takes months to get them out, as long as I do eventually.

That's the gamble.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: niothor on February 19, 2014, 03:32:00 PM

Nothing special will happen. We'll get an one page press release telling us that we'll get another update on March the 1st.

This ^ would be my guess. More delays like "we are testing extensively for another 7 days just to make sure we know that we know that we know that we know that we know the system is good to go."

MatTheCat

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Activity: 840

Merit: 1000

Quote from: kireinaha on February 19, 2014, 05:32:43 PM

Expect an "it's always darkest before the dawn" style announcement from gox this evening (japan). i've had the pleasure of working for a japanese company going under before, and this is exactly how they staggered it out.

LOL

"Midnight is where the day begins"

I like that. Very poetic.

kireinaha

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Activity: 350

Merit: 253

Expect an "it's always darkest before the dawn" style announcement from gox this evening (japan). i've had the pleasure of working for a japanese company going under before, and this is exactly how they staggered it out.

biafore

newbie

Activity: 42

Merit: 0

Quote from: HairyMaclairy on February 19, 2014, 04:44:49 PM

Meanwhile fiat continues to pour into Gox as speculators chase arbitrage. Dumb asses don't realise they won't be able to get more than a trickle out when withdrawals are re-enabled.

Well see who the dumb ass is. Its easy to follow other dumb-asses in their thoughts

mb300sd

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Drunk Posts

I'm buying some goxcoins right now, at these prices, I don't care if it takes months to get them out, as long as I do eventually.

HairyMaclairy

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Degenerate bull hatter & Bitcoin monotheist

Meanwhile fiat continues to pour into Gox as speculators chase arbitrage. Dumb asses don't realise they won't be able to get more than a trickle out when withdrawals are re-enabled.

grahvity

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"Soon."

chesthing

legendary

Activity: 1414

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These staggered announcements are just a stalling tactic while Mark and his cronies set up new identities and posh accommodations in remote tropical island locations. This is one way you retire early.

Ivanhoe

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Quote from: niothor on February 19, 2014, 03:32:00 PM

Nothing special will happen. We'll get an one page press release telling us that we'll get another update on March the 1st.

My guess as well.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Nothing special will happen. We'll get an one page press release telling us that we'll get another update on March the 1st.

rmines

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Exactly..
Also there are a lot of similar threads like this one, so I don't understand why you started this.
We'll soon find out what they'll announce.

kireinaha

sr. member

Activity: 350

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when has gox ever issued an update prior to 7pm local time? i suspect it will be at least 12 more hours.

biafore

newbie

Activity: 42

Merit: 0

Its Thursday In Japan - Withdrawal Update Coming Within Next 12 Hours

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