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mircea_popescu: i think im getting a little frazzled i've been doing nothing but explaining this for the past 3 hours
mircea_popescu: it's all spelled out for them, they can just steal it uncredited like before for all i care.
mircea_popescu: maybe they know what to do with it and reinvent themselves.
mircea_popescu: but let's be optiomistic : they've been given a boon these coupla months
mircea_popescu: but that aside, mtgox has been bleeding marketshare since late 2011
mircea_popescu: and on and on. sure. intellectual lazyness is the main driver of human behaviour.
mircea_popescu: and if they're too lazy to read on something else "it's bad"
mircea_popescu: and if they happen to be used to something "it's great"
mircea_popescu: when you tell me to read up there's nothing there outside of very bad mtgox pr.
mircea_popescu: see, that's the problem here. when i tell you you have to read up i give you what to read up.
mircea_popescu: which, i would hope, you've read the most recent trilema article on and know how it was arrived at and why.
mircea_popescu: and for the record, "mtgox ddos" is just mtgox crashing under sell pressure.
mircea_popescu: but seriously, please inform yourself before starting discussions, this is unseemly.
mircea_popescu: the only way this goes any further is we start insulting each other, so let's just leave it be.
mircea_popescu: as far as i'm concerned the situation here is that you are grossly unqualified to discuss this matter and still insist to do so (because as per the texbook you also lack the metacognitive abilities that'd allow you to realise you're way off).
mircea_popescu: listen, experience in it is a commodity. it's worth a salary, nothing more.
mircea_popescu: this on top of the entire six doesn't come close to mtgox ?
mircea_popescu: you are sitting there and seriously telling me 16x replication is a big deal ?
mircea_popescu: bitcoin geeks still need to give up the disease and get serious.
mircea_popescu: mtgox still needs to get a real platform and professionalise.
mircea_popescu: don't be silly. there's no such thing. they query some service ?
mircea_popescu: so what, i can put an order to sell a bitcoin for 2 cad or 2.5 dkk ?
mircea_popescu: i would guess the long list of ~250 option lines is longer than whatever list of mtgox currencies
mircea_popescu: whereas mpex has s.dice and s.bbet etc makes jackshit of a difference.
mircea_popescu: what sort of left field nonsense is that! mtgox only trades bitcoin. mpex only trades bitcoin. that mtgox has usd and eur and aud and w/e assets
mircea_popescu: obviously that's tested reality and real reality will diverge as soon as it gets a chance, but still.
mircea_popescu: it makes no difference. trades aren't a bottleneck. if the 2k orders result in 2k trades or 2k orderbook changes or nothing at all, it's the same.
mircea_popescu: this is a case of me having some competence and a bunch of geeks thinking they know better on the strength of their experience hacking their own nat router.
mircea_popescu: i'm not interested in handling fiat and this is not an argument.
mircea_popescu: wtf, we're talking about pretty much the one field where that's not the case.
mircea_popescu: no, just this bizzaro superman attitude. homebrew beats commercial.
mircea_popescu: yeah well, i'm putting all this down to geek disease then.
mircea_popescu: having some tinker-product homebrew nonsensical thing used as a trade engine is nonsense.
mircea_popescu: can you show me some documentation somewhere for this part : "MtGox process more than 10 trades a second even during high load. The number of order book changes is _a lot_ higher."
mircea_popescu: this is their engine choking, it can't process fast enough.
mircea_popescu: look through their historical list, rarely will they report anything over 100 trades a minute, even at the height of height.
mircea_popescu: mtgox gets 10 simultaneous orders, lag spikes over 100
mircea_popescu: yes. the problem here is this : mpex gets 2k simultaneous orders, lag stays under .2