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Author Topic: Why don't you just stop the trading MK?  (Read 409 times)
CIYAM (OP)
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Ian Knowles - CIYAM Lead Developer


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February 16, 2014, 06:05:19 PM
 #1

Clearly the problem of Mt. Gox is hurting the Bitcoin community - yet they still keep trading (a month or so ago they were > 10% above the price of other exchanges as people couldn't get USD out and now they are nearly < 50% below other exchanges because people can't get BTC out).

Wouldn't it be best for the whole community if they just suspended trading until they fix up their software problems?

I think that Mt. Gox is not at all providing *leadership* here but instead is just providing fuel for the conspiracy theorists.

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Tzupy
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February 16, 2014, 06:17:35 PM
 #2

They should have already done that when the goxBTC price fell below 50% of stampBTC price.
But maybe they don't give a shit...

Sometimes, if it looks too bullish, it's actually bearish
overunity
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February 16, 2014, 06:32:15 PM
 #3

If they are short of fiat it would be very beneficial to allow the price to drop as low as possible to incentivised traders to withdraw bitcoins when they allow it .
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