MtGox downtime recorded | Bitcointalksearch.org

QuantPlus

sr. member

Activity: 280

Merit: 250

Quote from: btcmind on April 21, 2013, 10:30:03 AM

Today they made 12M US$ volume. At 0.20% fee that's an annualized rate of 8.6M$ of profit. That should buy enough servers to handle legit or illegit clients, depending on how powerful the other side might be.

They probably make 5-10 times that by manipulating the market...
Like engineering 10% price swings every few days.

They are a monopoly...
And they are not making squat on those "low" fees...
Read between the lines.

btcmind

member

Activity: 98

Merit: 10

lol. is Mark Karpeles investing the money in sushi shops? must be sitting on a great pile of cash by now.

back up 19:28 UT 5 hours down.

Price went from 120$ to 110$. Outages at these volume levels are inexcusable. we will see what happens at the next volume peak.

ronaldlee0917

full member

Activity: 238

Merit: 100

Consider how much they earn per day, the quality of service provided by them is infuriating. They act like a start-up.

btcmind

member

Activity: 98

Merit: 10

Today they made 12M US$ volume. At 0.20% fee that's an annualized rate of 8.6M$ of profit. That should buy enough servers to handle legit or illegit clients, depending on how powerful the other side might be.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Let's DDoS people, everybody start hitting refresh. Go.

btcmind

member

Activity: 98

Merit: 10

start downtime

~ 'Sun, 21 Apr 2013 14:30 UT'

Topic: MtGox downtime recorded (Read 2169 times)