Bitcoin Forum

Economy => Speculation => Topic started by: pera on April 11, 2013, 07:37:01 PM



Title: You got Gox'd! (for the second time)
Post by: pera on April 11, 2013, 07:37:01 PM
https://i.imgur.com/kvjSaUp.png

2011 was bad, but this time looks like we were trolled:

Quote
[..] we were not last night victim of a DDoS but instead victim of our own success!

https://www.youtube.com/watch?v=oHg5SJYRHA0 (https://www.youtube.com/watch?v=oHg5SJYRHA0)

Why we (as a community) kept trusting on MT.Gox? and where the fuck are the real forex companies willing to earn billions with bitcoin?


Title: Re: You got Gox'd! (for the second time)
Post by: Hyena on April 11, 2013, 07:42:32 PM
such a lovely song


Title: Re: You got Gox'd! (for the second time)
Post by: ElectricMucus on April 11, 2013, 07:42:45 PM
Can we now officially attribute this bubble to mtgox incompetence?  ;D


Title: Re: You got Gox'd! (for the second time)
Post by: Wuji on April 11, 2013, 07:48:35 PM
Can we now officially attribute this bubble to mtgox incompetence?  ;D

No I still credit Cyprus for the run-up past $50.  Mtgox may take a huge share of the blame for the pop of the bubble though.  I think it was inevitable without any lag or DDOS.  But who knows maybe we could of sold at $1000 if they had their act together.  There is always next year.


Title: Re: You got Gox'd! (for the second time)
Post by: BTC Books on April 11, 2013, 07:49:55 PM
https://i.imgur.com/kvjSaUp.png

2011 was bad, but this time looks like we were trolled:

Quote
[..] we were not last night victim of a DDoS but instead victim of our own success!

https://www.youtube.com/watch?v=oHg5SJYRHA0 (https://www.youtube.com/watch?v=oHg5SJYRHA0)

Why we (as a community) kept trusting on MT.Gox? and where the fuck are the real forex companies willing to earn billions with bitcoin?

They're afraid:  of the regulators, the governments, the bankers.

The 'real' forex companies have a crapton to lose.  It would be nice if that weren't the case - christ knows we could use a really solid exchange or two - but that's just how it is.

They'll be along eventually though.  But remember who took the risks, and how hard that can be...


Title: Re: You got Gox'd! (for the second time)
Post by: pera on April 11, 2013, 07:54:42 PM
Can we now officially attribute this bubble to mtgox our community incompetence?  ;D
fixed.

We all already knew that the main flaw in the bitcoin economy were the exchanges, we centralized our economy with MT.Gox and now this is the result.
If they didn't have money (and this isn't true) for scale their own infrastructure the could had asked for help, do something like Sourceforge, mirrors with digital signatures or some other shit...