Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 289. (Read 1811564 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
still, this doesn't seem like their data would be a very complex.

And that is exactly the kind of thought that can lead to this kind of problem. Often there is a lot more complexity than one would expect. Sometimes there are clever ways to get around this with pre-caching, indexing and other kinds of optimization but if you're not expecting the complexity, you're not going to be ready for it.

I was actually considering setting up an exchange myself a couple of years back. Coincidentally enough, for Pokemon trading cards (and also separately considered for video games). I didn't get much past the "pondering it" stage but I could see there were hidden depths that could catch the unwary.
hero member
Activity: 843
Merit: 608
Day Volume All Time High Smiley
... with over 6 hours to go...



currently $12,636,383.56

Love how gox is brining in 100k USD/day and can't fix this lag problem.
hero member
Activity: 784
Merit: 506
Day Volume All Time High Smiley
... with over 6 hours to go...



currently $12,636,383.56

Edit: Changed chart pic to monthly which shows top 10.
hero member
Activity: 501
Merit: 500
Gox lag back to almost bearable levels.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
Over on a "tinfoil hat-wearing redneck with a cellar full of tin cans" forum that my other half frequents, the most absurd analogy was made:

http://www.abovetopsecret.com/forum/thread937317/pg1#pid16171004

Quote
"Bitcoin reminds me of Beanie Babies.

It may not be a fad, I don't know, but this frenzy sure reminds me of Beanie Babies.",

There speaks a rational mind getting to grips with the intricacies of new digital currencies.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Was getting boring there for a while, finally a bit of movement.



Look out, bears, you just got screwed but it's not too late to get back in!
sr. member
Activity: 280
Merit: 250
Was getting boring there for a while, finally a bit of movement.

hero member
Activity: 518
Merit: 500
We're going over 140 again soon. If you sold trying to catch a dip, it's your last chance to buy back in with minimal loss.
legendary
Activity: 3108
Merit: 1531
yes
There is still fear of a bubble, so the top is not in.
hero member
Activity: 518
Merit: 500
Sweet jebus, why is Mtgox so awful?!
legendary
Activity: 1106
Merit: 1001
You know what they call Thursdays these days?... Wednesdays  Grin
full member
Activity: 224
Merit: 100
DigiByte Founder

No where to go but up from here my friend! Bad juju keeping your coins online.

That's what everyone was saying right before the giant housing crash in the US
There is no way any comparison can be made to the US housing bubble crash and Bitcoin right now. Is anyone selling off Bitcoin backed derivatives? No.  (If they where they might make a killing...haha)

A comparison to the rapid adoption of Facebook would be a better indicator but still far from the actual picture.
hero member
Activity: 518
Merit: 500

No where to go but up from here my friend! Bad juju keeping your coins online.

That's what everyone was saying right before the giant housing crash in the US

Clearly, bitcoins are houses.
full member
Activity: 198
Merit: 100

No where to go but up from here my friend! Bad juju keeping your coins online.

That's what everyone was saying right before the giant housing crash in the US
full member
Activity: 224
Merit: 100
DigiByte Founder
30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

Just a precaution for now.  Right now I'm just making sure I have the ability to trade if need be.
No where to go but up from here my friend! Bad juju keeping your coins online.
sr. member
Activity: 280
Merit: 250
Ok, panic is over, back on track to continue the rally.

member
Activity: 70
Merit: 10
I simply find it difficult to believe that the Mt Gox system doesn't scale well enough to handle a high volume influx of trades;

You either don't work in IT or haven't worked there long enough.

I don't work in IT. School me.....

It's not unusual for systems to be not designed to scale well, particularly when the need to scale is hard to foresee. Sometimes it's just under-specced hardware, sometimes it's unfortunate architecture decisions, sometimes it's something as simple as neglecting to add an appropriate index to a table (I have seen that drop a query lasting over a minute to sub-second response). Then, not only is your system suddenly struggling under a load, it's so busy that it's hard to interrupt it to perform necessary upgrades. Sort of a catch-22.

What also doesn't help is that your system can be performing fine up to maybe 95% capacity then you cross a threshold and everything goes to crap. Queries start failing so people start hammering the system more trying to get their information instead of getting it in a nice steady flow. You start falling behind and things just go from bad to worse, you're spending your time catching up instead of servicing new queries and because of this, people are putting in more and more new queries. Your problem is generating problems.

Now, ideally, MtGox would have spent some time architecturing things so that things could have scaled easily. Then again, ideally Cyprus wouldn't have set things up so that they had to dip into peoples bank accounts so...

I am not a programmer but have been around it enough to understand the basics. My question was really 'why hasn't Mt Gox done anything about this?', but I do realize that it can be hard to make time for upgrades considering the increased volume they've experienced. I have seen very poorly structured databases handle extremely large volumes of data (a GSM/CDMA SCADA provider with tens of thousands of units in the field communicating mountains of data to a DB created by an electrical engineer with little programming/architecture experience). Of course they probably had better servers and I/O support. They hired a DB architect to clean it up after several system wide outages.

I'm simply shocked that this has not yet been addressed at Mt. Gox (or perhaps it's in-process). I guess it's much easier said than done; they weren't ready for this level of volume.....still, this doesn't seem like their data would be a very complex.
hero member
Activity: 518
Merit: 500
30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

Just a precaution for now.  Right now I'm just making sure I have the ability to trade if need be.

Why not one of the other exchanges? One that doesn't go down for two hours at a time just for fun?
full member
Activity: 198
Merit: 100
30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?

Just a precaution for now.  Right now I'm just making sure I have the ability to trade if need be.
hero member
Activity: 518
Merit: 500
30 minutes since 6 confirmations and still not showing up at gox
30? waiting 150 minutes since 7 confirmations.. got 21 confirmations now

Why would anyone want to be SENDING btc to Gox?!?
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