MtGox Press Release Regarding Recent Downtime

Dear Customers, As we have announced yesterday on October 10th, we had made server maintenance that was aimed at fixing the issues we had with our database which was causing it to lag (occasionally) for up to 10~15 minutes at a time (causing the site to be down for that duration). Since May 2013 we…

Using BitFinex for the Stop-Loss Feature

BitFinex is one of the only platforms that has adequate volume, easy withdraws and deposits, and a stop loss function built right in. I highly recommend using Stop Losses when trading in any market, especially one that has huge swings like the bitcoin market. Also don’t worry that the volume on BitFinex seems small, they…

MtGox Offline for “Scheduled Maintenance”

MtGox was offline for a couple of hours last night for “Scheduled Maintenance.” When asked if midas were being implemented, Karples replied that while this isn’t midas itself, but that some ¬†upgrades were being done that are required by midas. The upgrade took around 4 hours last night, completing a little later than planned.