Most likely it's not a dos, mtgox was featured on hacker news frontpage.
Source?
Topic: MtGox - too many connections - page 5. (Read 14127 times)
Source?
I'm sure magical tux is working on it, so this is me subscribing to the thread so I get notified as things progress.
Most likely it's not a dos, mtgox was featured on hacker news frontpage.
I was implementing a BitCoin currency on my store using the MtGox API as it went down as well. Was getting nice results too, was about to work on the final checkout page 
. Guess it'll have to wait for a May 1st update. At least people can still use US$ 
.
. Guess it'll have to wait for a May 1st update. At least people can still use US$ .
=( just took an evening off to play around with the API and get a trading bot started. Now I got some basic functionalty done and the page goes down.
MtGox' version of trading curbs 
did the market just outgrow our little community very very quickly?
a simple DDoS and 95% of bitcoin trades freeze, it is a good way to drive prices down, investors will see our amateur level operations and wait a while
maybe its the wake up call we need. were not ready for the world to join in yet.
a simple DDoS and 95% of bitcoin trades freeze, it is a good way to drive prices down, investors will see our amateur level operations and wait a while
maybe its the wake up call we need. were not ready for the world to join in yet.
99.9% really
decentralized Bitcoin are highly centralized to mtgox!11
did the market just outgrow our little community very very quickly?
a simple DDoS and 95% of bitcoin trades freeze, it is a good way to drive prices down, investors will see our amateur level operations and wait a while
maybe its the wake up call we need. were not ready for the world to join in yet.
a simple DDoS and 95% of bitcoin trades freeze, it is a good way to drive prices down, investors will see our amateur level operations and wait a while
maybe its the wake up call we need. were not ready for the world to join in yet.
All the symptoms of a ddos ... this is quite worrysome: it affects both
Rather it be a DDOS than a compromise of all the bitcoins on the server, Playstation Network style.
Please assure us that you have adequate controls against being hacked.
Can you tell what percentage of your total BTC funds held in escrow do you keep offline?
Also would be interested in knowing if withdrawal of funds can continue (e.g. via e-mail request) in the event of an extended outage.
Can you tell what percentage of your total BTC funds held in escrow do you keep offline?
Also would be interested in knowing if withdrawal of funds can continue (e.g. via e-mail request) in the event of an extended outage.
Anyone else having intermittent problems trading on Mt Gox this evening? Two of us are for sure...keep seeing "too many connections".
down again ... Small? Typical mature exchange charges 0.01%
bitmarket.eu doesn't even have a fee.btcex.com too
(although yesterday I was trying to introduce payments for the placing orders. But users revolt
) 
I'm having problems too.
Let's just say this break in trading could be beneficial. Maybe MtGox should implement "circuit breakers" to help prevent extreme volatility, like the the NYSE did after the 2010 Flash crash. http://en.wikipedia.org/wiki/2010_Flash_Crash#Circuit_breakers
Let's just say this break in trading could be beneficial. Maybe MtGox should implement "circuit breakers" to help prevent extreme volatility, like the the NYSE did after the 2010 Flash crash. http://en.wikipedia.org/wiki/2010_Flash_Crash#Circuit_breakers
Oh, and is there another attack going on right now? Both mtgox and #bitcoin-market seem to be having problems.
Small? Typical mature exchange charges 0.01%
bitmarket.eu doesn't even have a fee.My intention was to ask whether my calculations are correct and to start a discussion about lowering the fees at Mt Gox.
Looks right to me, except that you seem to have forgotten to multiply by 2 (both buyer and seller pay 0.65%).
Banks are only bad when you're not the banker.
Small? Typical mature exchange charges 0.01%
bitmarket.eu doesn't even have a fee.My intention was to ask whether my calculations are correct and to start a discussion about lowering the fees at Mt Gox.
A bit off topic, but I didn't want to create a new thread for this:
Has anybody recognized what kind of a money machine Mt Gox is ?
I mean, the current volume is ~75,000 BTC. Let's assume the average price was ~3.00 USD,
then the total transaction sum over the last 24 (48 ? not sure) hours was 225,000 USD.
As we know Mt Gox charges a small 0.65% fee.
Has anybody recognized what kind of a money machine Mt Gox is ?
I mean, the current volume is ~75,000 BTC. Let's assume the average price was ~3.00 USD,
then the total transaction sum over the last 24 (48 ? not sure) hours was 225,000 USD.
As we know Mt Gox charges a small 0.65% fee.
Small? Typical mature exchange charges 0.01%
A bit off topic, but I didn't want to create a new thread for this:
Has anybody recognized what kind of a money machine Mt Gox is ?
I mean, the current volume is ~75,000 BTC. Let's assume the average price was ~3.00 USD,
then the total transaction sum over the last 24 (48 ? not sure) hours was 225,000 USD.
As we know Mt Gox charges a small 0.65% fee.
Let's do the math:
225000 / 100 * 0,65 = 1,462.50 USD per 24 (or 48?) hours !
Has anybody recognized what kind of a money machine Mt Gox is ?
I mean, the current volume is ~75,000 BTC. Let's assume the average price was ~3.00 USD,
then the total transaction sum over the last 24 (48 ? not sure) hours was 225,000 USD.
As we know Mt Gox charges a small 0.65% fee.
Let's do the math:
225000 / 100 * 0,65 = 1,462.50 USD per 24 (or 48?) hours !
What's the allowed rate to poll MtGox API?
My software accesses it once a minute, to record the quotes and the book. Is that too frequent?
In the last week the API (and the site) was down for me for tens of hours at a time. Could it be that I was banned?
BTW, it would be nice if you would record and make historical prices and book info available.
My software accesses it once a minute, to record the quotes and the book. Is that too frequent?
In the last week the API (and the site) was down for me for tens of hours at a time. Could it be that I was banned?
BTW, it would be nice if you would record and make historical prices and book info available.
Nah, mtgox is not having problems. You may be unable to access mtgox however if you flooded a bit too much, if so, send your ip to [email protected] so we can check if you were blocked.
Oh, sorry don't mean to talk bad about your site. I think I might be a little fried from work.
My ip doesn't seem to be blocked though. Cleared my cache and cookies and everything's fine.
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