Quote from: revans on April 12, 2013, 03:18:24 PM

Quote from: BitcoinAshley on April 12, 2013, 03:11:53 PM

Wow, so Gox is down again due to trading volume, BitFloor is on and off all day due to constant DDoS, and nearly all the other major exchanges are equally spotty due to either DDoS or volume.

But we're STILL holding in the $70-80 range!

Go bitcoin! Lol. Any other day and this behavior would cause panic sells en masse, but I think now people are finally desensitized to the shitty exchange infrastructure.

I can imagine the DDoS attacks are from both the 'powers that be' and from speculators who want to buy cheap coinz before it goes back up. Because there is some serious DDoS action going on, multiple exchanges, fun to watch.

Your naivety is amusing.

A basic i7 based box could easily handle thousands of transactions a second with sub 100ms lag; yet we are to believe that all these exchanges are running some relic 386 box running Windows 3.1. The exchanges are not there to serve the Bitcoin community, they are there to engage in price manipulation (likely collusive in nature) for their own gain. When they cannot move price action in a direction favourable to them they cry DDOS to allow them to pull the rug from under their customers and scalp some easy money that way.

This. The higher they manage to keep the price and volume the more they make money by skimming from the top.