Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33824.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Ultraviolet on May 09, 2013, 10:45:30 AM

Tbh I think people are overestimating last night's mind DDOS. The API was unresponsive and the website down for like 15 minutes two times with a five minutes gap in between. It was already a period of extremely low volume. When it came back up the most notable thing was that a 200 BTC market buy drove the price up from 109 to 112 since asks were barren after the ~1kish dump that took it below 110.

You can't draw many meaningful conclusions amidst a no volume phase.

volume is not low.

its not high, but its not low either.....

Ultraviolet

member

Activity: 84

Merit: 10

Tbh I think people are overestimating last night's mild DDOS. The API was unresponsive and the website down for like 15 minutes two times with a five minutes gap in between. It was already a period of extremely low volume. When it came back up the most notable thing was that a 200 BTC market buy drove the price up from 109 to 112 since asks were barren after the ~1kish dump that took it below 110.

You can't draw many meaningful conclusions amidst a no volume phase.

phoenix1

hero member

Activity: 798

Merit: 1000

Someone needs to check Bitcoin still has a pulse ...

fitty

hero member

Activity: 728

Merit: 501

CryptoTalk.Org - Get Paid for every Post!

Quote from: Rampion on May 09, 2013, 10:14:24 AM

I think traders became resilient to DDoS. Not many newbies coming in (hey, the bubble popped), and usual traders know that if Gox goes down, their funds will be there as soon as it comes up again. No panic.

In fact, the last few days of huge lag where during mini-rallies, not during dumps... Didn't they?

I agree. A lot less panic. The longer we're above $100, people generally accept that $100-$130 is a reasonable range/value for BTC. If Mtgox goes down, that doesn't mean it's about to hit $50. Before people were very skeptical of the value during the run up to $266. The longer we stay here the more "normal" and accepted it gets. A "crash" has turned into value buying for day traders and bots. Every DDoS has less impact, people wait it out and continue on their way. Less panic, more stability. Hopefully we keep some volatility. ;P

fitty

hero member

Activity: 728

Merit: 501

CryptoTalk.Org - Get Paid for every Post!

Quote from: molecular on May 09, 2013, 10:12:46 AM

Quote from: fitty on May 09, 2013, 10:11:47 AM

It's not just bots.

The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.

what is remarkable is that there are no accompanying large sells on other markets and no panic. This is not the usual ddos play, is it?

This might be a "lost money and I'm pissed" ddos. Haven't seen much trade lag, looks like more of an attack on MtGox and not so much on the exchange itself.

DougTanner

sr. member

Activity: 280

Merit: 250

Well, almost nothing's happened for the last 48 hours.

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: molecular on May 09, 2013, 09:56:47 AM

nope, that's not it. I just tried exact same client from another host. works fine.

most likely my IP (or subnet, cause changing dyn ip doesn't help) is blocked by ddos protection (cloudfare). I can still use mtgox.com website, but according to ne0futur that's behind prolexic, not cloudfare.

Is the other host on a different subnet? If you are natted, they should have the same IP I would think.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: molecular on May 09, 2013, 10:12:46 AM

Quote from: fitty on May 09, 2013, 10:11:47 AM

It's not just bots.

The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.

what is remarkable is that there are no accompanying large sells on other markets and no panic. This is not the usual ddos play, is it?

I think traders became resilient to DDoS. Not many newbies coming in (hey, the bubble popped), and usual traders know that if Gox goes down, their funds will be there as soon as it comes up again. No panic.

In fact, the last few days of huge lag where during mini-rallies, not during dumps... Didn't they?

molecular

donator

Activity: 2772

Merit: 1019

Quote from: fitty on May 09, 2013, 10:11:47 AM

It's not just bots.

The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.

what is remarkable is that there are no accompanying large sells on other markets and no panic. This is not the usual ddos play, is it?

fitty

hero member

Activity: 728

Merit: 501

CryptoTalk.Org - Get Paid for every Post!

It's not just bots.

The site has been up and down. So plenty of "real" people were unable to get on. Lots of BTC businesses use the api to make trades, like Bitinstant. I also believe there are trading platforms that use the api to do trades on MtGox. I don't think the drop is just trading bots.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Rampion on May 09, 2013, 09:53:44 AM

Quote from: molecular on May 09, 2013, 09:50:38 AM

Quote from: Richy_T on May 09, 2013, 09:39:32 AM

Quote from: el_rlee on May 09, 2013, 09:30:22 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

Not to my knowledge. I guess there are simply no buy/sell signals for the bots.
What should a bot do if the market is moving sideways?

The error I'm getting with my bot is certificate verification failed. God only knows what they're up to.

Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.

interesting... I get "http 403: forbidden" on http api calls to data.mtgox.com.

interesting 2.) same client works from another host.

No bots? Interesting. Would it be a good moment to dump a huge amounts of coins? Maybe no stop/loss would be triggered, thus avoiding panic to certain extent... Or what I'm saying is wrong? Honest question, I'm curious.

Nono, "no bots" is wrong. It might be taking bot ops a while to figure out what's going on and what to do about it, but I don't think long. "less bots than normal", probably yes.

No stops triggered? Unlikely: bitfinex.com for example has working mtgox connection (it was down a while ago)

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Quantum_Negatum on May 09, 2013, 09:53:22 AM

Prediction:

Soon the bot owners will realize they need to spoof an IP to get their bot back online. Total chaos will ensue.

you don't seem to know much about networking. Spoofing ip address makes receiving answers from the service impossible (ip is spoofed, remember)?

You can however use a proxy or vpn gateway if you want to get around the fact that the ip of the host your bot is running on is blocked by cloudfare. it's as simple as using "ssh -L my.other.box.with.unblocked.ip"

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: Quantum_Negatum on May 09, 2013, 09:52:18 AM

Gox is banning by IP? LOL, that's a terrible solution to the bot problem.

They rate limit API access. What would you suggest?

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Quantum_Negatum on May 09, 2013, 09:52:18 AM

Gox is banning by IP? LOL, that's a terrible solution to the bot problem.

It's not a solution to the bot problem. gox wants bots, clearly.

It's part of a "solution" against ddos.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Richy_T on May 09, 2013, 09:46:43 AM

Quote from: molecular on May 09, 2013, 09:44:36 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

my "client" is effectively disabled. can't do api calls at all. don't know what to do to get around cloudfare ddos protection stuff. apparently this: http://blog.cloudflare.com/introducing-im-under-attack-mode got activated.

crap, it's true. probably many bots are disabled. let's see what the humans do... probably not much.

Try disabling certificate checking.

nope, that's not it. I just tried exact same client from another host. works fine.

most likely my IP (or subnet, cause changing dyn ip doesn't help) is blocked by ddos protection (cloudfare). I can still use mtgox.com website, but according to ne0futur that's behind prolexic, not cloudfare.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: molecular on May 09, 2013, 09:50:38 AM

Quote from: Richy_T on May 09, 2013, 09:39:32 AM

Quote from: el_rlee on May 09, 2013, 09:30:22 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

Not to my knowledge. I guess there are simply no buy/sell signals for the bots.
What should a bot do if the market is moving sideways?

The error I'm getting with my bot is certificate verification failed. God only knows what they're up to.

Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.

interesting... I get "http 403: forbidden" on http api calls to data.mtgox.com.

interesting 2.) same client works from another host.

No bots? Interesting. Would it be a good moment to dump a huge amounts of coins? Maybe no stop/loss would be triggered, thus avoiding panic to certain extent... Or what I'm saying is wrong? Honest question, I'm curious.

Quantum_Negatum

member

Activity: 84

Merit: 10

Prediction:

Soon the bot owners will realize they need to spoof an IP to get their bot back online. Total chaos will ensue.

Quantum_Negatum

member

Activity: 84

Merit: 10

Quote from: molecular on May 09, 2013, 09:50:38 AM

Quote from: Richy_T on May 09, 2013, 09:39:32 AM

Quote from: el_rlee on May 09, 2013, 09:30:22 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

Not to my knowledge. I guess there are simply no buy/sell signals for the bots.
What should a bot do if the market is moving sideways?

The error I'm getting with my bot is certificate verification failed. God only knows what they're up to.

Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.

interesting... I get "http 403: forbidden" on http api calls to data.mtgox.com.

interesting 2.) same client works from another host.

Gox is banning by IP? LOL, that's a terrible solution to the bot problem.

Quantum_Negatum

member

Activity: 84

Merit: 10

Quote from: Odalv on May 09, 2013, 09:50:25 AM

Quote from: Richy_T on May 09, 2013, 09:39:32 AM

Quote from: el_rlee on May 09, 2013, 09:30:22 AM

Quote from: Quantum_Negatum on May 09, 2013, 09:28:22 AM

Has Gox limited or disabled the bots? If so, it's a bad omen when that results in almost no volume... Another indication of how much control the bots really have.

Not to my knowledge. I guess there are simply no buy/sell signals for the bots.
What should a bot do if the market is moving sideways?

The error I'm getting with my bot is certificate verification failed. God only knows what they're up to.

Edit: Looks like data.mtgox.com is using the certificate from www.mtgox.com. It's amateur hour (or four), guys.

Gox login page does not have green bar.

Shows a green bar to me.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Odalv on May 09, 2013, 09:40:43 AM

Game over, new equilibrium has been found. :-)

Heard this before Wink

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33824. (Read 26713397 times)