2013-04-11 CNBC: Bitcoin Crash Spurs Race to Create New Exchanges

[n8rwJeTt8TrrLKPa55eU]

Worth fully reading, despite CNBC source, informational without FUD.

http://www.cnbc.com/id/100633793

American broadcaster Max Keiser, a former Wall Sreet stock broker and inventor of the technology behind web-based game Hollywood Stock Exchange told CNBC.com that he was providing consulting for a new exchange to be set up in London.

"The 'market making' design for [Mt.Gox] is weak; as is the case across all the bitcoin exchanges. This is where we'll see some new initiatives - many are already in the pipeline," he said.

"I'm consulting on a project now in London with some excellent people who are part of what I would call the core bitcoin community of developers and financiers and it looks to be very exciting."

Hopefully not Intersango v2.0.

[teknomunk]

I definitely hope this crash spurs better decentralization in the bitcoin exchange market. The fact than Mt.Gox has a large majority of the exchange market is a weak point in the economy.

[simplydt]

bitcoin.de is largely featured on that article - i like the site, but waiting for payment for sold bitcoins is a bit of a nerve wrecking experience on that site, as it is not instantaneous and "payment confirmation" is manually marked by the buyer.

I have never used mtgox, didnt like the look of it!