Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: calista on June 25, 2011, 05:46:23 AM



Title: This deep frustration with Mt Gox shows Bitcoins need u.s. dollars to survive.
Post by: calista on June 25, 2011, 05:46:23 AM
as we all know mt gox is just one of many exchanges of bitcoins and no more...

yet this widespread anger with mt gox exposes that bitcoins is just a hanger-on to u.s. dollars, and cannot survive on its own.


Title: Re: This deep frustration with Mt Gox shows Bitcoins need u.s. dollars to survive.
Post by: Alex Beckenham on June 25, 2011, 05:55:48 AM
as we all know mt gox is just one of many exchanges of bitcoins and no more...

yet this widespread anger with mt gox exposes that bitcoins is just a hanger-on to u.s. dollars, and cannot survive on its own.

Or maybe just that people's bitcoins are tied up in it, meaning they can't spend them? That aspect has nothing to do with USD.



Title: Re: This deep frustration with Mt Gox shows Bitcoins need u.s. dollars to survive.
Post by: TheGer on June 25, 2011, 06:40:12 AM
Simple solution assuming OP is right.  Switch to CAD instead. 


Title: Re: This deep frustration with Mt Gox shows Bitcoins need u.s. dollars to survive.
Post by: lemonginger on June 25, 2011, 06:44:55 AM
you mean BTC doesn't have an entire economy built up around it within a few months of the currency taking off?? SHOCKING!


Title: Re: This deep frustration with Mt Gox shows Bitcoins need u.s. dollars to survive.
Post by: flug on June 25, 2011, 11:58:32 AM
it's currently a hanger on to PLN