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Title: Regular exchange hours instead of 24/7 open market? Post by: d.james on June 20, 2011, 02:16:17 AM First of all mt.Gox is almost certainly understaffed, can't really blame them though as the community just grew too fast and they simply can't keep up with the growth.
Which makes it very dangerous to operate 24/7 on fully automated systems. I could be wrong, but they surely did not respond in time when their system was breached. Now if they were to switch to an regular operating hours, such as the 9am-4pm, I'm sure they can easily hire a few human security monitors, who works for about 8 hours a day, 5 days a week, so if a problem is discovered they can do an emergency manual shut off to minimize the damage. What do you guys think? Discuss! Title: Re: Regular exchange hours instead of 24/7 open market? Post by: Kid81 on June 20, 2011, 02:18:31 AM Let me guess, you are American? What about the rest of the world?
Title: Re: Regular exchange hours instead of 24/7 open market? Post by: d.james on June 20, 2011, 02:19:33 AM Let me guess, you are American? What about the rest of the world? Holy XXX good point!!! yes I'm silly American :P Title: Re: Regular exchange hours instead of 24/7 open market? Post by: drmoo on June 20, 2011, 02:32:18 AM Forex markets trade 24/7, why can't bitcoin?
It is a currency, right? Title: Re: Regular exchange hours instead of 24/7 open market? Post by: Synaptic on June 20, 2011, 02:34:09 AM M-F 0600-1600 GMT
Title: Re: Regular exchange hours instead of 24/7 open market? Post by: Synaptic on June 20, 2011, 02:35:47 AM Forex markets trade 24/7, why can't bitcoin? It is a currency, right? Because up to now, no BTC exchange has the manpower for it. also, FOREX actually know what the fuck they're doing... Title: Re: Regular exchange hours instead of 24/7 open market? Post by: tymothy on June 20, 2011, 03:10:28 AM Forex markets trade 24/7, why can't bitcoin? It is a currency, right? Because up to now, no BTC exchange has the manpower for it. also, FOREX actually know what the fuck they're doing... How hard would it be to petition FOREX to list Bitcoin? |