No trade for almost an hour...

[robamichael]

The more time that goes by, and the longer Im involved with btc, the more the btc seems to not be "so decentralized", and the more I believe the price is being manipulated.. Who knows anymore..

EXACTLY!

Sometimes I feel like I'm the only one realizing this...

Sure, Bitcoin is decentralized... but to what extent?

We have developers who control the client, a blockchain ruled by democratic methods (majority > minority), and a nearly monopolized exchange industry.

I predict we will see a competing digital currency soon enough. Bitcoin is subject to the same integral dilution that any other ideological or faith based organization faces.

It only takes a couple slips for an entrepreneur to spot opportunity.

[AndyRossy]

Yep mtgox is the defacto exchange, and I think it's one of the manipulated currencies out there.

[Nemesis]

Also for the long time, i have been thinking..... since this exchange is not regulated. Insider trading anyone?

What stop MtGox staff or members from this?

Its purely based on trust right now... and we all know how human nature is....

[someguy123]

Facebook literally has many tens of thousands of servers. Gox has like 2 and only one of them can be the actual trading engine.

The idea that Gox is only running on 2 servers seems horrible. A service which has to handle so much load definitely needs to be scaled better; I really think they need to add more servers, as it's getting ridiculous especially when I'm also unable to cancel any open orders during the lag.