Bitcoin Forum

Other => Beginners & Help => Topic started by: Reliabletrade on April 03, 2013, 08:21:30 PM



Title: Community replacement for mtgox - challenge to the bitcoiners
Post by: Reliabletrade on April 03, 2013, 08:21:30 PM
Perhaps big enough group of bitcoiners can invest together in establishing new exchange, with full disclosure, and which is not dependent on a single investor.
Today shameful crash of mtgox should be a bad sign for the market.


Title: Re: Community replacement for mtgox - challenge to the bitcoiners
Post by: LastFastRide on April 03, 2013, 08:28:08 PM
Full disclosure you say?  So all information would just be out there? No anonymity?


Title: Re: Community replacement for mtgox - challenge to the bitcoiners
Post by: Gator-hex on April 03, 2013, 08:30:47 PM
As someone pointed out, how about a peer-2-peer exchange, https://ripple.com

I'm not sure how that works, I just want a client on my desktop, not an online client subject to me having access to their web page during a DDOS attack.


Title: Re: Community replacement for mtgox - challenge to the bitcoiners
Post by: Reliabletrade on April 03, 2013, 08:37:26 PM
No. Full disclosure means an exchange that will be reliable and will be control by us the bitcoiners. Mtgox should either agree to supervision but bitcoiners, or bitcoiners should be able to develop an exchange that can be fully trusted.
Isn't the whole idea of bitcoin is peer to peer, namely, a community of people rather than a big corporation?
What can be the future of mtgox - either it becomes a big corporation such as Citibank, or it fails entirely.


Title: Re: Community replacement for mtgox - challenge to the bitcoiners
Post by: wingding on April 03, 2013, 08:38:06 PM
Peer 2 peer exchange? Great idea!