Bitcoin Forum
July 12, 2024, 04:00:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why don't you just stop the trading MK?  (Read 408 times)
CIYAM (OP)
Legendary
*
Offline Offline

Activity: 1890
Merit: 1081


Ian Knowles - CIYAM Lead Developer


View Profile WWW
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.

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
Tzupy
Legendary
*
Offline Offline

Activity: 2142
Merit: 1074



View Profile
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
Full Member
***
Offline Offline

Activity: 198
Merit: 100



View Profile
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 .
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!