Bitcoin Forum

Economy => Service Discussion => Topic started by: SGExodus on April 13, 2013, 03:59:07 PM



Title: It's silly to bash MTGOX
Post by: SGExodus on April 13, 2013, 03:59:07 PM
MTGOX got to where it is today because the community trust them with the money.

It's long over due in the market for more trustworthy exchanges.

It is not MTGOX fault that their competitors failed to build up the necessary reputation for the international community to trust them, and hence, trade through them.

You can have the best trade engine, and best UI, and even the best decentralized orderbook in the world.  But if you can't convince people that you won't pull off another Zhou-Tonged, no one will move large bitcoin/fiat money to your exchange for the transaction.


Title: Re: It's silly to bash MTGOX
Post by: Remember remember the 5th of November on April 13, 2013, 04:03:04 PM
Why on earth are you out of the newbie section? MtGox are manipulative.


Title: Re: It's silly to bash MTGOX
Post by: BitCoinsLOL on April 13, 2013, 04:06:47 PM
Funny thing how no one seemed to mind when BTC was running like god.


Title: Re: It's silly to bash MTGOX
Post by: Bitmeat on April 13, 2013, 04:23:55 PM
Why on earth are you out of the newbie section? MtGox are manipulative.

They're not manipulative, they just give manipulative people cheap access in behind their trading site.

Since they are still doing most of the volume, it must mean the market decided that was fine.

Ok that was sarcasm, seriously stop being a sheep and use another bloody exchange rather than calling for the government to shut down MtGox. I use cavirtex and haven't had any issues whatsoever with them. Their commissions are a little high, but their engine seems good. Whether it or any other exchange will survive high volume trade load (DDOS) remains to be seen, but we wont find out until people put their bitcoins where their mouth is and go away from Gox.


Title: Re: It's silly to bash MTGOX
Post by: Gabi on April 13, 2013, 06:18:29 PM
I agree, there are tons of other exchanges, no one is forcing you to use mtgox. You don't like it? Nice, use another one.


Title: Re: It's silly to bash MTGOX
Post by: BitCoinNutJob on April 13, 2013, 11:00:41 PM
Why on earth are you out of the newbie section? MtGox are manipulative.

nah, they are struggling with demand its quite obvious.