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Author Topic: mtgox is run by imbeciles  (Read 1709 times)
kokojie (OP)
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March 28, 2013, 10:53:34 PM
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How can it be, that mtgox makes over $1 million USD per MONTH, and can't afford to hire competent server admins and buy good hardware to run their site?

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
Isokivi
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Items flashing here available at btctrinkets.com


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March 28, 2013, 10:54:07 PM
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The market is wide open, make something better. Im sure you'd get customers.

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Mushoz
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March 28, 2013, 10:56:00 PM
 #3

The market is wide open, make something better. Im sure you'd get customers.

Liquidity is a major problem on new exchanges.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
NamelessOne
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March 28, 2013, 10:57:33 PM
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The market is wide open, make something better. Im sure you'd get customers.
Come on... the top exchange on the market has a completely indefensible position on this argument. They shouldn't have these issues period.
shad0wbitz
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March 28, 2013, 10:58:01 PM
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How can it be, that mtgox makes over $1 million USD per MONTH, and can't afford to hire competent server admins and buy good hardware to run their site?

THIS! And the Imbecile's name is Mark Karpeles. Oh, and he sits on the Bitcoin Fundation board.
Please take a minute to read my post:

https://bitcointalk.org/index.php?topic=160441.0

GOX SUX COX!
The true faces of the Bitcoinica / Intersango SCAM! - Bitcoin was born in the shad0ws, for the shad0ws.
Maciek
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March 28, 2013, 10:58:20 PM
 #6

They prefer to make as much money ($$$$$) as they can with the current servers...
and it's not good for us - nor for the BITCOIN Cheesy
jwzguy
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March 28, 2013, 11:01:20 PM
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Bitfloor is fast/responsive as always.
notme
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March 28, 2013, 11:09:56 PM
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Bitfloor is fast/responsive as always.

But they don't carry 80% of the bitcoin transactions do they?
I want to see them supporting the same volume. Again, I don't know how big are they in terms of transactions. I never used them


MtGox doesn't do 80% anymore.  It's a chicken and egg.  If you stay with Gox for the volume, volume will never move.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
jwzguy
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March 28, 2013, 11:11:43 PM
 #9

Bitfloor is fast/responsive as always.

But they don't carry 80% of the bitcoin transactions do they?
I want to see them supporting the same volume. Again, I don't know how big are they in terms of transactions. I never used them


Whose fault is that?
moneyforschoolat
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March 28, 2013, 11:48:23 PM
 #10

well I am willing to try anyone mtgox sucks
chsados
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March 28, 2013, 11:57:50 PM
 #11

Tux stated they were DDOSed - so yea, take that with a grain of salt.
shad0wbitz
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March 29, 2013, 12:18:03 AM
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Tux stated they were DDOSed - so yea, take that with a grain of salt.

Every time there is a sell off and a spike in volume, he claims DDOS. The man is a lier and a certifiable idiot.

GOX SUX COX!
The true faces of the Bitcoinica / Intersango SCAM! - Bitcoin was born in the shad0ws, for the shad0ws.
kokojie (OP)
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March 29, 2013, 12:24:14 AM
 #13

Tux stated they were DDOSed - so yea, take that with a grain of salt.

DDoS by the influx of new users perhaps, their unverified user queue stand nearly 6000, which itself is a joke.

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dancingnancy
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March 29, 2013, 12:42:43 AM
 #14

How can it be, that mtgox makes over $1 million USD per MONTH, and can't afford to hire competent server admins and buy good hardware to run their site?

THIS! And the Imbecile's name is Mark Karpeles. Oh, and he sits on the Bitcoin Fundation board.
Please take a minute to read my post:

https://bitcointalk.org/index.php?topic=160441.0


Oh, and he and his company are basically thieves sitting on bitcoinicas creditors money for almost a year.
lucif
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March 29, 2013, 01:09:27 AM
 #15

Just take your ruppy coins and get away from gox. Top liquid exchanges: bitstamp, btce. Move your ass out gox.
mccorvic
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March 29, 2013, 01:13:58 AM
 #16

It's not ran by imbeciles!

It's ran by hamsters running in those little hamster wheels. 

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