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Title: Blast from the past! Mtgox: Promises and Reality Post by: ineededausername on December 18, 2011, 10:18:04 PM Everything will still work the same as always for the time being. But expect a lot of positive changes after he takes over including: Automatic (and free) funding from Euro accounts. Automatic ACH deposit and withdrawal. Margin trading. Interface redesign. Lifting the $1000 a day withdrawal limit. I'll leave you to decide how Mtgox is doing. Title: Re: Blast from the past! Mtgox: Promises and Reality Post by: Drifter on December 18, 2011, 10:34:12 PM Everything will still work the same as always for the time being. But expect a lot of positive changes after he takes over including: Automatic (and free) funding from Euro accounts. Automatic ACH deposit and withdrawal. Margin trading. Interface redesign. Lifting the $1000 a day withdrawal limit. I'll leave you to decide how Mtgox is doing. I'm guessing this was from Jed? Well, MTG was a US only exchange then I believe. The interface has been redesigned and the $1000 limit can be lifted by verification. No margin trading. No automatic ACH but Dwolla has essentially taken charge of that. Furthermore it hasn't even been a year. I think they're doing pretty good. Title: Re: Blast from the past! Mtgox: Promises and Reality Post by: plogank on December 19, 2011, 01:36:28 AM I'm guessing this was from Jed? Well, MTG was a US only exchange then I believe. The interface has been redesigned and the $1000 limit can be lifted by verification. No margin trading. No automatic ACH but Dwolla has essentially taken charge of that. Furthermore it hasn't even been a year. I think they're doing pretty good. Interesting, I'm a verified MtGox customer and my limit is still $1000. I just checked. Not that I'm going to withdraw that amount any time soon. Title: Re: Blast from the past! Mtgox: Promises and Reality Post by: casascius on December 19, 2011, 01:39:22 AM Be thankful for the limits if you ever get hacked.
The limit gets raised if you ask. Title: Re: Blast from the past! Mtgox: Promises and Reality Post by: ineededausername on December 19, 2011, 02:51:35 AM it hasn't even been a year. Please explain to me how something like margin trading takes more than a year. In fact, mtgox was so slow that zhoutong went ahead and made Bitcoinica. Now mtgox wants to reverse the effects of their incompetence by blocking Bitcoinica from timely withdrawals. Title: Re: Blast from the past! Mtgox: Promises and Reality Post by: zhoutong on December 21, 2011, 02:52:27 AM it hasn't even been a year. Please explain to me how something like margin trading takes more than a year. In fact, mtgox was so slow that zhoutong went ahead and made Bitcoinica. Now mtgox wants to reverse the effects of their incompetence by blocking Bitcoinica from timely withdrawals. Seriously, if I work at Mt. Gox, I wouldn't be able to finish margin trading in a year. Mt. Gox has a very professional trading engine and I don't know how to add margin trading facility effectively. That's why Bitcoinica is not an exchange and will never be. I initially had the idea of Bitcoinica on September 3, shared with a few friends, and then launched on September 9. |