MtGox Down ? | Bitcointalksearch.org

00null

full member

Activity: 148

Merit: 100

Quote from: nsfsj on April 11, 2013, 04:38:32 AM

Although the complexity involved with real time order matching is higher than the that of what an average programmer has to deal with, it is a solved problem. It is hard to scale and if this volume had been hitting a completely new exchange, this would probably have been forgiven. The issue is that MtGox has been running this exchange for a while with quite the revenue and liquidity to hire programmers that has been dealing with such algorithms for decades. The volume is not high enough to sink an in-memory algorithm of order matching, far from it.

Having said that, I do feel with MtGox as I believe they are trying to solve this issue. It might just be too late.

The main problem could be that AFAIK the trading engine is written in PHP. Now PHP is a fine language, as long as you don't care about speed or readable code Tongue

ehoffman

sr. member

Activity: 378

Merit: 250

The API seem to be up, but Gox main site is down...

xavier

sr. member

Activity: 260

Merit: 250

AAAAAAAAH PRICE CRASH!!!!!!

gizmoh

legendary

Activity: 1428

Merit: 1000

Do you know why a site gets DDOS' ed?
The crooks wants MONEY/ a RANSOM to keep your servers from being flooded.
I've been thorugh that situation as a web admin and i PAID until i moved behind an anti-DDOS service.
But for MTGOX i presume the amount of bandwith attacking should be huge, and mtgox being "victim of their Financial success", my Advice PAY them , Gox is making millions and it will cost us less than $1 billion of lost Btc capitalisation..

Missionary

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Merit: 100

Quote

Maintenance Over however we are now under a DDoS attack.

keatonatron

sr. member

Activity: 308

Merit: 250

Jack of oh so many trades.

The web interface wasn't doing anything. I had to write a PHP file to make an API request to cancel my trades... and even then I had to run it 5 or 6 times before it worked.

massivebitman

full member

Activity: 224

Merit: 100

Actually this is good. If gox fixes their issues it will restore confidence in the market. I'm holding now. I don't have a choice 170 seems cheep

awakening

full member

Activity: 196

Merit: 100

Quote from: Rampion on April 11, 2013, 04:36:38 AM

Quote from: awakening on April 11, 2013, 04:35:56 AM

Quote from: essem on April 11, 2013, 04:34:51 AM

Quote from: awakening on April 11, 2013, 04:33:37 AM

Quote from: dave111223 on April 11, 2013, 04:29:13 AM

Quote from: awakening on April 11, 2013, 04:28:13 AM

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

Well, but at least they allow you to cancel your orders. Grin

Yesterday I had to be pressing cancel to see that nothing happens. Roll Eyes

how many times did you press it?

Dozens, in different webbrowsers xD

And here you have your "evil DDoS". People freaking out and pushing "cancel" 300 times per minute.

Oh, yeah.

The fail it at MtGox, not at the people trying to save their money, obviously.
I should have just tried one time, and when It did nothing, just wait, weren't I going to cause a DDoS.. Tongue

nsfsj

newbie

Activity: 40

Merit: 0

Although the complexity involved with real time order matching is higher than the that of what an average programmer has to deal with, it is a solved problem. It is hard to scale and if this volume had been hitting a completely new exchange, this would probably have been forgiven. The issue is that MtGox has been running this exchange for a while with quite the revenue and liquidity to hire programmers that has been dealing with such algorithms for decades. The volume is not high enough to sink an in-memory algorithm of order matching, far from it.

Having said that, I do feel with MtGox as I believe they are trying to solve this issue. It might just be too late.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: awakening on April 11, 2013, 04:35:56 AM

Quote from: essem on April 11, 2013, 04:34:51 AM

Quote from: awakening on April 11, 2013, 04:33:37 AM

Quote from: dave111223 on April 11, 2013, 04:29:13 AM

Quote from: awakening on April 11, 2013, 04:28:13 AM

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

Well, but at least they allow you to cancel your orders. Grin

Yesterday I had to be pressing cancel to see that nothing happens. Roll Eyes

how many times did you press it?

Dozens, in different webbrowsers xD

And here you have your "evil DDoS". People freaking out and pushing "cancel" 300 times per minute.

awakening

full member

Activity: 196

Merit: 100

Quote from: essem on April 11, 2013, 04:34:51 AM

Quote from: awakening on April 11, 2013, 04:33:37 AM

Quote from: dave111223 on April 11, 2013, 04:29:13 AM

Quote from: awakening on April 11, 2013, 04:28:13 AM

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

Well, but at least they allow you to cancel your orders. Grin

Yesterday I had to be pressing cancel to see that nothing happens. Roll Eyes

how many times did you press it?

Dozens, in different webbrowsers xD

essem

newbie

Activity: 42

Merit: 0

Quote from: awakening on April 11, 2013, 04:33:37 AM

Quote from: dave111223 on April 11, 2013, 04:29:13 AM

Quote from: awakening on April 11, 2013, 04:28:13 AM

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

Well, but at least they allow you to cancel your orders. Grin

Yesterday I had to be pressing cancel to see that nothing happens. Roll Eyes

how many times did you press it?

awakening

full member

Activity: 196

Merit: 100

Quote from: dave111223 on April 11, 2013, 04:29:13 AM

Quote from: awakening on April 11, 2013, 04:28:13 AM

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

Well, but at least they allow you to cancel your orders. Grin

Yesterday I had to be pressing cancel to see that nothing happens. Roll Eyes

dave111223

legendary

Activity: 1190

Merit: 1001

Quote from: awakening on April 11, 2013, 04:28:13 AM

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

The trouble is that all other international exchanges pretty much mirror the mtgox prices.

awakening

full member

Activity: 196

Merit: 100

When I close my positions at euros I will take all my bitcoins back to another exchange. That's for sure.

keatonatron

sr. member

Activity: 308

Merit: 250

Jack of oh so many trades.

They should have at least thrown up a "down for maintenance" page. It's not that hard to do...

I'm really curious as to what will happen as soon as they come back up! Will things just continue as they left off, or will there be a sudden reaction from people who didn't know the servers would go down/want to try to capitalize on outdated offers still available on the server?

If there is a sharp jump, will it go up or down? (And what is the logic behind it?)

I know if there is lag and the price starts to drop people panic and try to sell to not lose too much money, but I don't know what people are thinking when the server is down completely (and then up and fully functional all of a sudden).

What if they cleared all orders and started from scratch? That would be interesting!

dave111223

legendary

Activity: 1190

Merit: 1001

lol bitstamp is like a headless chicken without gox.

Hopefully the result of all these mt gox outages will be a more equally distributed exchange profile, so that one site can't bomb out the entire currency.

Missionary

full member

Activity: 224

Merit: 100

https://www.facebook.com/MtGox?fref=ts

Quote

Network maintenance, don't freak out!

awakening

full member

Activity: 196

Merit: 100

Quote from: dave111223 on April 11, 2013, 04:20:13 AM

They already announced on facebook earlier there were going to go down for a few hours to migrate servers.

Anyway, they should say the hour or left at least some information..
I knew about the down, but I thought they weren't just unplugging at any moment.

gizmoh

legendary

Activity: 1428

Merit: 1000

What!! They just interrupted trading like that without WARNING of when this is supposed to happen! That is so unprofessional!!

Topic: MtGox Down ? (Read 2639 times)