Quote from: sturle on August 14, 2013, 07:27:08 PM

Quote from: joesmoe2012 on August 14, 2013, 11:02:57 AM

Also, 10 SWIFT transfers a day is BS, I've sent more than that in a day (I don't routinely do it, but nobody at my bank cares if i want to make 10 SWIFT transfers...).

sending 10 SWIFT transfers on one day is not the same as sending 10 every day.

Gox has let us understand they have run into problems related to overloading the computer systems at the second biggest bank in Japan and in that respect doing 10 in one day is about the same as doing 10 every day. If the computers at the bank can handle 10 transfers today without crashing they probably can handle 10 transfers again tomorrow and also the day after that.

I found a number 311,236,113 ( 311 million ) to represent the total number of SWIFT messages flying around in Asia-Pacific region in one month, June 2013. If we calculate further from that assuming Japan represents about 30% of economic activity in Asia Pacific and each message has both sender and receiver, the number of SWIFT transfers processed in the second biggest bank in Japan it could be around 3 million every working day. Now please tell me you believe there could be a problem the bank computers overloading at level of some tens of them? My bet is that if some customer sends 100,000 of them every day the computers at the bank have enough overhead they can handle it and not sweat about it and the Bank says 'thank you' to the customer creating more revenue opportunities to the bank.

I remember because of building a few hundred ASIC mining devices Avalon claimed they caused a global world level shortage of SMD resistors which are some of the most commonly used components in electronic industry. I have also a vague recollection that BFL also claimed to have caused a short supply and chaos in global electronics industry of some common component when building also a few hundred boxes. Unfortunately I have forgotten what component that was and you can shoot me before I go back to try find what it was.

To me it seems that delusions of grandeur are rampant in bitcoin economy and everything Gox said about problems at the second biggest bank in Japan go straight into the same league.