Will you continue to use Mt. Gox after today? - page 2.

BitcoinTate

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Quote from: Razick on April 03, 2013, 08:43:17 PM

Quote from: Furyan on April 03, 2013, 06:50:51 PM

Lost quite a bit of money due to the lag today - inability to cancel orders led to them being filled instead of canceled so I could readjust. An active system requires the ability to respond to changing conditions immediately but a 4 minute lag means your order is going to screw you over Sad

And m.mtgox.com is a bloody joke. Good luck if it keeps you logged in for more than 8 seconds.

Yea, and somehow it keeps submitting duplicate orders, although some of that is my fault for re-submitting when Gox doesn't acknowledge an offer. The cancellation delay is inexcusable though.

I had the same thing happen to me during the flash crash back in the 40's. Couldn't cancel my market order and ended up selling at the absolute bottom. Learned my lesson.

Razick

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Quote from: Furyan on April 03, 2013, 06:50:51 PM

Lost quite a bit of money due to the lag today - inability to cancel orders led to them being filled instead of canceled so I could readjust. An active system requires the ability to respond to changing conditions immediately but a 4 minute lag means your order is going to screw you over Sad

And m.mtgox.com is a bloody joke. Good luck if it keeps you logged in for more than 8 seconds.

Yea, and somehow it keeps submitting duplicate orders, although some of that is my fault for re-submitting when Gox doesn't acknowledge an offer. The cancellation delay is inexcusable though.

BitcoinTate

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Quote from: Razick on April 03, 2013, 08:39:35 PM

I would switch to BTC-E if I could transfer without a loss, but the rate disparity doesn't appeal to me for a BTC transfer. Mt Gox needs to get their ducks is a row.

BTC-E is always in last place. I have been hearing good things about Bitfloor recently. Anyone have first had experience?

Razick

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I would switch to BTC-E if I could transfer without a loss, but the rate disparity doesn't appeal to me for a BTC transfer. Mt Gox needs to get their ducks is a row.

Missionary

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I prefer Bitstamp, but I don't know if they have the server capacity to handle a horde of goxxed traders looking for better trading grounds. They sure could use the volume, but at a sustainable rate.

BitcoinTate

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Quote from: Deafboy on April 03, 2013, 07:19:25 PM

Goxlag is the best indicator of possible price movement I can imagine. I'm thinking about writing some script to turn on the alarm and wake me up if goxlag is > X Cool

But I have just registered an account on Bitstamp. Thinking of moving some funds there.

This is a good point. All though it doesn't seem to lag as much when the price increases. But the flash crashes it seems too. I am going to start testing Bitstamp.

BitcoinTate

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Quote from: justusranvier on April 03, 2013, 08:19:15 PM

Quote from: SomeWhere on April 03, 2013, 08:16:31 PM

Their engineering team is a joke if they haven't fixed the lag and put online a decent trading engine after MONTHS AND MONTHS of time. They completely blew their lead in the field and will just become a mediocre exchange soon enough.

From what I've heard there is no "team". It's just one guy.

The 18 year old PHP wiz... thats usually how these things work.

justusranvier

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Quote from: SomeWhere on April 03, 2013, 08:16:31 PM

Their engineering team is a joke if they haven't fixed the lag and put online a decent trading engine after MONTHS AND MONTHS of time. They completely blew their lead in the field and will just become a mediocre exchange soon enough.

From what I've heard there is no "team". It's just one guy.

SomeWhere

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Their engineering team is a joke if they haven't fixed the lag and put online a decent trading engine after MONTHS AND MONTHS of time. They completely blew their lead in the field and will just become a mediocre exchange soon enough.

malevolent

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No, decided to move few days ago already, screw those trading lags and centralization. Wink

hiima

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I will use mt gox, but we need more exchanges that can compete with mtgox.

Deafboy

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Goxlag is the best indicator of possible price movement I can imagine. I'm thinking about writing some script to turn on the alarm and wake me up if goxlag is > X Cool

But I have just registered an account on Bitstamp. Thinking of moving some funds there.

The-Real-Link

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Quote from: BitcoinTate on April 03, 2013, 06:31:05 PM

Quote from: BTCLuke on April 03, 2013, 06:29:44 PM

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow. Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.

Agreed. Right now Mt. Gox is the Achilles' heel of Bitcoin.

I was just thinking that myself earlier. Even if Gox stays the primary exchange, hopefully once they adjust / recode / upgrade hardware and software, these issues can hopefully be behind us.

justusranvier

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My second choice was Coinbase, but now they are always sold out.

My third choice is Bitfloor because they allow cash deposits which are normally fast. Except for tonight, when my deposit has been waiting for ~~2.5~~ 4 hours.

muyuu

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What's the option if you stopped using them prior to this?

BitcoinTate

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Quote from: TheJuice on April 03, 2013, 07:13:52 PM

Who has the 2nd most liquidity?

BTC-E Maybe? Or Bitstamp...I am guessing it is between those two.

TheJuice

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Who has the 2nd most liquidity?

edd

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Quote from: BitcoinTate on April 03, 2013, 06:31:05 PM

Quote from: BTCLuke on April 03, 2013, 06:29:44 PM

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow. Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.

Agreed. Right now Mt. Gox is the Achilles' heel of Bitcoin speculators.

FTFY

Furyan

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Lost quite a bit of money due to the lag today - inability to cancel orders led to them being filled instead of canceled so I could readjust. An active system requires the ability to respond to changing conditions immediately but a 4 minute lag means your order is going to screw you over Sad

And m.mtgox.com is a bloody joke. Good luck if it keeps you logged in for more than 8 seconds.

BitcoinTate

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Activity: 224

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DigiByte Founder

Quote from: BTCLuke on April 03, 2013, 06:29:44 PM

Back up to 128 after all the bad news today. Wow.

Yep, they'll survive this, somehow. Roll Eyes

We desperately need some real competition against it though. A few more serious DDos attacks and the charts may not forgive.

Agreed. Right now Mt. Gox is the Achilles' heel of Bitcoin.

Topic: Will you continue to use Mt. Gox after today? - page 2. (Read 3796 times)