Bitcoin Forum

Economy => Service Discussion => Topic started by: Grami on July 16, 2013, 05:35:21 AM



Title: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: Grami on July 16, 2013, 05:35:21 AM
https://support.mtgox.com/entries/21698449-Visualize-the-withdrowal-queue-for-your-customers

Please vote for this feature request.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: ronaldlee0917 on July 16, 2013, 09:51:14 AM
Yes, this is definitely what we all are longing for.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: naphto on July 16, 2013, 10:42:48 AM
That would create suicide :(
People should better NOT know that.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: joesmoe2012 on July 16, 2013, 01:28:15 PM
I can't believe that only 7 people havea voted this in!


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: Grinder on July 16, 2013, 02:32:48 PM
Here you go:
http://www.mahjongnews.com/en/images/stories/various/mahjong-gridlock-2.jpg


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: joesmoe2012 on July 16, 2013, 07:47:35 PM
not to mention we don't need a visual. HOw about 2 numbers

1) Total USD to be sent out (current queue)
2) Avg Per day USD wires sent.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: Spekulatius on July 16, 2013, 11:02:41 PM
TLDR: Before the problem is solved, they wont do it.

If they really have unresolved issues with their withdrawals, then they will not introduce this feature till they feel comfortable it will work in their favour.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: zeroblock on July 16, 2013, 11:17:01 PM
TLDR: Before the problem is solved, they wont do it.

If they really have unresolved issues with their withdrawals, then they will not introduce this feature till they feel comfortable it will work in their favour.


Exactly.  They wouldn't want to show their poor liquidity position.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: Grami on July 18, 2013, 12:20:39 PM
Just 13 people voted. I'm confused. Why so few people want to know the current progress with their widrawals?


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: EuroTrash on July 18, 2013, 12:55:13 PM
Just 13 people voted. I'm confused. Why so few people want to know the current progress with their widrawals?

Because nobody believes this feature request will ever be implemented.
Gox is a business not a no profit org.
Were I to be the most honest exchanger in the world I still would not release such information.
Because it attracts people with ill intentions for my business.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: Grami on July 18, 2013, 02:11:43 PM
Because nobody believes this feature request will ever be implemented.
Gox is a business not a no profit org.
Were I to be the most honest exchanger in the world I still would not release such information.
Because it attracts people with ill intentions for my business.

Mtgox's profit derives from the volume of trades, not from high prices. How that info can lower their volumes? Currently they have a problem with a trust. No information -> people getting out of Mtgox to bitstamp. Opening the queue info could only lead to building trust with their customers. So it is definitly in their interest to open queue info.


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: zeroblock on July 18, 2013, 09:08:56 PM
Because nobody believes this feature request will ever be implemented.
Gox is a business not a no profit org.
Were I to be the most honest exchanger in the world I still would not release such information.
Because it attracts people with ill intentions for my business.

Mtgox's profit derives from the volume of trades, not from high prices. How that info can lower their volumes? Currently they have a problem with a trust. No information -> people getting out of Mtgox to bitstamp. Opening the queue info could only lead to building trust with their customers. So it is definitly in their interest to open queue info.

Well they can't build any trust if they won't disclose anything.   If disclosure brings negative consequences then you can conclude that they are using the lack of information for their advantage. 


Title: Re: [Please vote] Visualizing withdrawal queue on mtgox!
Post by: joesmoe2012 on July 26, 2013, 12:14:53 PM
Because nobody believes this feature request will ever be implemented.
Gox is a business not a no profit org.
Were I to be the most honest exchanger in the world I still would not release such information.
Because it attracts people with ill intentions for my business.

Mtgox's profit derives from the volume of trades, not from high prices. How that info can lower their volumes? Currently they have a problem with a trust. No information -> people getting out of Mtgox to bitstamp. Opening the queue info could only lead to building trust with their customers. So it is definitly in their interest to open queue info.

This is incorrect, they charge a percentage of each trade, so the higher the price, in fact, the higher their profit.

I do agree they need to be more open with this info though.