MPEx registration fee bumped to 30 BTC.

[Bugpowder]

build something better, or charge less.  it's that simple.

Bloomberg terminals are not easy to use, are ugly, and expensive as hell.

Why do they dominate the market?

You've just convinced me to use a bloomberg terminal rather than mpoe.

If they add bitcoins on there, we will all be rich.

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[fbastage]

MS-DOS once dominated the market too.  That doesn't mean as much as you think it does.

[reeses]

build something better, or charge less.  it's that simple.

Bloomberg terminals are not easy to use, are ugly, and expensive as hell.

Why do they dominate the market?

Let me tell you. :-)

1) They are easy to use once you get to know how to use them.  Much like any computer application.  They are for power users, not people who expect F1 to be the DWIM key.

2) Expensive is relative.  The cost to the average user is not major compared to the ROI.  There are less expensive options for day traders and other consumer-level traders, but they don't have the full featureset (which you may not need).

3) They are *nuts* about innovation.  They keep the interface pretty static (which makes sense) and continually test and improve the backend.

4) Per #1, the industrial ubiquity means that you can go from terminal to terminal, floor to floor, and while the layout may be different, you'll be able to use the system.  Your dad can teach you how to use it, if he's in the industry.  The number of people who can help you (beyond the people coming out from Bloomberg to train you, or at their corp facility) is immense.

[MPOE-PR]

build something better, or charge less.  it's that simple.

Bloomberg terminals are not easy to use, are ugly, and expensive as hell.

Why do they dominate the market?

Let me tell you. :-)

1) They are easy to use once you get to know how to use them.  Much like any computer application.  They are for power users, not people who expect F1 to be the DWIM key.

2) Expensive is relative.  The cost to the average user is not major compared to the ROI.  There are less expensive options for day traders and other consumer-level traders, but they don't have the full featureset (which you may not need).

3) They are *nuts* about innovation.  They keep the interface pretty static (which makes sense) and continually test and improve the backend.

4) Per #1, the industrial ubiquity means that you can go from terminal to terminal, floor to floor, and while the layout may be different, you'll be able to use the system.  Your dad can teach you how to use it, if he's in the industry.  The number of people who can help you (beyond the people coming out from Bloomberg to train you, or at their corp facility) is immense.

Funny, this reminds me of GPG.

[gweedo]

WOW 30btcs to use a site that is designed worst than craigslist and has two stocks. I would like to know how this fee is going to help the site. Are you going to get more servers? Are you going to focus on a better UI and maybe an API? I mean I would never pay for something that obviously doesn't show a return in the site.

Wow worse than craigslist? We all know what a failure that guy's site is.

It isn't a failure cause the data is good and it is free, same with MPEX the data could be good, but if the design isn't there plus the lack of an API will never attract the big users they want.

[MPOE-PR]

WOW 30btcs to use a site that is designed worst than craigslist and has two stocks. I would like to know how this fee is going to help the site. Are you going to get more servers? Are you going to focus on a better UI and maybe an API? I mean I would never pay for something that obviously doesn't show a return in the site.

Wow worse than craigslist? We all know what a failure that guy's site is.

It isn't a failure cause the data is good and it is free, same with MPEX the data could be good, but if the design isn't there plus the lack of an API will never attract the big users they want.

And you know. Cause you're like, on the internet. And know things. And stuff. Stfu?

[smickles]

So to invest in an exchange I have to go to a totally different website?
Wow.

That pisses me off about the god-damned real world exchanges, too.  I have to fucking go to some site or worse, some fucking human being, to invest in companies or commodities.  If I don't, I have to spend a shitload of money to get direct access to the fucking trading floor, and the user experience there sucks ass.

You know, in 'merica, it's the laws and regulations that require that, right?

[MPOE-PR]

You know, in 'merica, it's the laws and regulations that require that, right?

I think he was being sarcastic.

[Shadow383]

As the title says, the fee for opening a new account on MPEx is 30 BTC, effective immediately. Already existing accounts are unaffected. The fee is projected to keep increasing for the indeterminate future.

How do you justify this ridiculous fee?  where/to whom does this fee go? 

It goes to their crack team of web developers. That's why the site is so slick and doesn't have to share a server and domain name with a romanian porn board.

WOW 30btcs to use a site that is designed worst than craigslist and has two stocks. I would like to know how this fee is going to help the site. Are you going to get more servers? Are you going to focus on a better UI and maybe an API? I mean I would never pay for something that obviously doesn't show a return in the site.

The fee is mostly there to keep out people who have no business investing. These may or may not be the sort of people that don't distinguish worse and worst.

Bitcoin is all about crowdsourcing. Besides, it's better for potential issuers/shareholders that there are more users on the site to drive volume, this will not help that.
Also, you're the most incredibly condescending business representative I've ever had the displeasure of speaking to. There's a reason your ignore button is highlighter-orange.

[gweedo]

WOW 30btcs to use a site that is designed worst than craigslist and has two stocks. I would like to know how this fee is going to help the site. Are you going to get more servers? Are you going to focus on a better UI and maybe an API? I mean I would never pay for something that obviously doesn't show a return in the site.

Wow worse than craigslist? We all know what a failure that guy's site is.

It isn't a failure cause the data is good and it is free, same with MPEX the data could be good, but if the design isn't there plus the lack of an API will never attract the big users they want.

And you know. Cause you're like, on the internet. And know things. And stuff. Stfu?

I know I don't like naked girls and imageboards near my exchanges cause that totally makes your exchange legit LMAO your graphs look like two year draw them, you don't know how to use html tables, I can say that. Come on dude for 30 btcs I am looking for an exchange that at least has an API COME ONNNNNNNN.

[EngMan]

Even shutdown GLBSE is better than Mpex.....that is how much the mpex setup sucks.

Plus....the PR person is kind of a douche. Usually PR isn't supposed to be an a-hole (as demonstrated in every thread she takes part).

[bitcoinbear]

Even shutdown GLBSE is better than Mpex.....that is how much the mpex setup sucks.

Plus....the PR person is kind of a douche. Usually PR isn't supposed to be an a-hole (as demonstrated in every thread she takes part).

Hey, MP, I would be willing to work for bitcoin as your PR person. I would not scare away potential investors by calling them names. How about it?

[Shadow383]

Even shutdown GLBSE is better than Mpex.....that is how much the mpex setup sucks.

Plus....the PR person is kind of a douche. Usually PR isn't supposed to be an a-hole (as demonstrated in every thread she takes part).

Hey, MP, I would be willing to work for bitcoin as your PR person. I would not scare away potential investors by calling them names. How about it?

You could hire Josef Fritzl to be your PR person and present a better public image.

MPEx could have so much potential, all it needs is:

-Lower registration fees. Make up for it by charging more for listings if you like, but I don't see why many people paying $350 to trade the paltry few securities on there at the minute, particularly with the regulatory risk involved. More users = more volume = more securities.
-A site that doesn't look like absolute arse. Again, this would bring in more users, image is important to a lot of people.
-Its own domain name that it doesn't share with a romanian porn site (I mean really, nice image).
-A PR person who understands that "Public Relations" is supposed to be about being helpful and polite, getting your exchange some good rep and some good publicity. Alternatively you could get a Grizzly Bear in an SS uniform, that'd be a slight step up from the current PR rep.

Unfortunately the chances of that happening are about the same as the chances of me finding buried treasure in my garden, so I guess we'll just have to wait for some budding entrepreneur to set up a viable GLBSE replacement.

[MPOE-PR]

Hey, MP, I would be willing to work for bitcoin as your PR person. I would not scare away potential investors by calling them names. How about it?

*Evil cackle*

One does not simply...walk into PR for MPEx.

[2112]

-Its own domain name that it doesn't share with a romanian porn site (I mean really, nice image).

Peeps, just please stop repeating this cliche.

Conglomerate domains have their tactical uses, in this case as probably as a anti-filtering and anti-takedown measure. I don't have a specific knowledge about polimedia.us and Romania; but a conglomerate domain that would host a bitcoin securities exchange and a financial news site would have a very good prior restraint defense against stupid takedowns.

In Europe this tactic worked for the users of LiveJournal and many other traditional publishers.

This "dedicated domain name" really is a cheapo marketing shibboleth. If you don't believe me, read the post of the local hit&run marketing expert: reeses. Of course I have to quote it in full, since reeses always doing the purge of his posts before he runs.

The owner of mpex hosts it on his servers. Just search the forums lots of people reference it.

It is kind of silly not to have a dedicated domain for mpex.  However, while there is pr0ns available via the same hostname, there is no child pornography there.  That's just an added level of "eww" made up by ciuciu when "he also hosts porn" didn't have any effect.  It also hosts a boring blog in moon-man gibberish.

None of the people claiming there is child pornography on the site has been able to provide evidence beyond,"Look for yourself," which you can understand my unwillingness to do.  It's a romanian 4chan, so weird shit pops up from the members.

Hmm...first bitcoin bank of 4chan...

[Shadow383]

-Its own domain name that it doesn't share with a romanian porn site (I mean really, nice image).

Peeps, just please stop repeating this cliche.

Conglomerate domains have their tactical uses, in this case as probably as a anti-filtering and anti-takedown measure. I don't have a specific knowledge about polimedia.us and Romania; but a conglomerate domain that would host a bitcoin securities exchange and a financial news site would have a very good prior restraint defense against stupid takedowns.

In Europe this tactic worked for the users of LiveJournal and many other traditional publishers.

This "dedicated domain name" really is a cheapo marketing shibboleth. If you don't believe me, read the post of the local hit&run marketing expert: reeses. Of course I have to quote it in full, since reeses always doing the purge of his posts before he runs.

The owner of mpex hosts it on his servers. Just search the forums lots of people reference it.

It is kind of silly not to have a dedicated domain for mpex.  However, while there is pr0ns available via the same hostname, there is no child pornography there.  That's just an added level of "eww" made up by ciuciu when "he also hosts porn" didn't have any effect.  It also hosts a boring blog in moon-man gibberish.

None of the people claiming there is child pornography on the site has been able to provide evidence beyond,"Look for yourself," which you can understand my unwillingness to do.  It's a romanian 4chan, so weird shit pops up from the members.

Hmm...first bitcoin bank of 4chan...

I don't think the fact that MPEx lacks a dedicated domain name will stop a securities investigation 

In addition to which, is it really wise to have it on a ".us" domain?

[Dalkore]

-Its own domain name that it doesn't share with a romanian porn site (I mean really, nice image).

Peeps, just please stop repeating this cliche.

Conglomerate domains have their tactical uses, in this case as probably as a anti-filtering and anti-takedown measure. I don't have a specific knowledge about polimedia.us and Romania; but a conglomerate domain that would host a bitcoin securities exchange and a financial news site would have a very good prior restraint defense against stupid takedowns.

In Europe this tactic worked for the users of LiveJournal and many other traditional publishers.

This "dedicated domain name" really is a cheapo marketing shibboleth. If you don't believe me, read the post of the local hit&run marketing expert: reeses. Of course I have to quote it in full, since reeses always doing the purge of his posts before he runs.

The owner of mpex hosts it on his servers. Just search the forums lots of people reference it.

It is kind of silly not to have a dedicated domain for mpex.  However, while there is pr0ns available via the same hostname, there is no child pornography there.  That's just an added level of "eww" made up by ciuciu when "he also hosts porn" didn't have any effect.  It also hosts a boring blog in moon-man gibberish.

None of the people claiming there is child pornography on the site has been able to provide evidence beyond,"Look for yourself," which you can understand my unwillingness to do.  It's a romanian 4chan, so weird shit pops up from the members.

Hmm...first bitcoin bank of 4chan...

With the heat Bitcoin is taking the hosting of pornographic material is a liability and an un-needed risk for the exchange on all its participates. 

[gweedo]

-Its own domain name that it doesn't share with a romanian porn site (I mean really, nice image).

Peeps, just please stop repeating this cliche.

Conglomerate domains have their tactical uses, in this case as probably as a anti-filtering and anti-takedown measure. I don't have a specific knowledge about polimedia.us and Romania; but a conglomerate domain that would host a bitcoin securities exchange and a financial news site would have a very good prior restraint defense against stupid takedowns.

In Europe this tactic worked for the users of LiveJournal and many other traditional publishers.

This "dedicated domain name" really is a cheapo marketing shibboleth. If you don't believe me, read the post of the local hit&run marketing expert: reeses. Of course I have to quote it in full, since reeses always doing the purge of his posts before he runs.

The owner of mpex hosts it on his servers. Just search the forums lots of people reference it.

It is kind of silly not to have a dedicated domain for mpex.  However, while there is pr0ns available via the same hostname, there is no child pornography there.  That's just an added level of "eww" made up by ciuciu when "he also hosts porn" didn't have any effect.  It also hosts a boring blog in moon-man gibberish.

None of the people claiming there is child pornography on the site has been able to provide evidence beyond,"Look for yourself," which you can understand my unwillingness to do.  It's a romanian 4chan, so weird shit pops up from the members.

Hmm...first bitcoin bank of 4chan...

I don't think the fact that MPEx lacks a dedicated domain name will stop a securities investigation  

In addition to which, is it really wise to have it on a ".us" domain?

plus that domain is registered in the USA LMAO and all the information is in the who is just look

[BitcoinINV]

The PR person is horrible, they are not what you would want coming from a business. The site is horrible to look at and I can not understand it. How am I supposed to move my Security there? Ltc global is way better, and I do not even own lite coins lol.

[2112]

With the heat Bitcoin is taking the hosting of pornographic material is a liability and an un-needed risk for the exchange on all its participates. 

IMO it is better to be upfront about the association with pornography.

BitPay came out of the need for pornographers associated with Stare Magazine to have non-reversible payment method.

Lots of merchants using BitPay will have to do extensive hand washing once this becomes a wider knowledge.