Mt Gox is lying

[mightyb]

I want to see more competition. Not just one exchange running everything.

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[martinm]

More competition would be for sure a good thing, but the market is still a small one. However, MTG suffered from the panic of a lot of people, one big player sold a big amount of coins and all followed and caused a DDOS of sellers.

[Aianis]

We saw what happened to Gox with all the protection. Today, we have seen what happened to btc24... Lets wait and hope we can still prosper.

[gochk]

More competition would be for sure a good thing, but the market is still a small one. However, MTG suffered from the panic of a lot of people, one big player sold a big amount of coins and all followed and caused a DDOS of sellers.

To be fair to MtGox, I think this is true for all tradings - have you not seen stocks in equities market drop just because some big shot sold their holdings and vice versa?

[fredi173]

Are there any real alternatives to Gox? It seems like the most trustworthy place to send my friends interested in Bitcoins.

https://localbitcoins.com/

[Alarion]

you know, ThePlanet was providing DDOS protection almost 10 years ago (probably 2004) - I have used it and it worked flawlessly. I didn't even have to pay extra for it. And yet, in 2013 a site that has to be making a killing on fees, can't do it?

And it is a bit shady that they only really had issues when the price was falling.

[TCollar]

you know, ThePlanet was providing DDOS protection almost 10 years ago (probably 2004) - I have used it and it worked flawlessly. I didn't even have to pay extra for it. And yet, in 2013 a site that has to be making a killing on fees, can't do it?

And it is a bit shady that they only really had issues when the price was falling.

Quite right.  They are using AWS for hosting behind Prolexic for DDoS prevention.

I think their delays are due to them wanting to halt trading to preserve bitcoin value, which to me shows it is valuable only when compared to other currency.  Mtgox and the company they keep are the founders / early adopters of bitcoin and to me this is fishy.  Which sucks because I have invested a good deal of money in acquiring bitcoins.

[blobberTK]

you know, ThePlanet was providing DDOS protection almost 10 years ago (probably 2004) - I have used it and it worked flawlessly. I didn't even have to pay extra for it. And yet, in 2013 a site that has to be making a killing on fees, can't do it?

And it is a bit shady that they only really had issues when the price was falling.

DDOS is a lot more complex these days then 2004

[ATC]

I am eager for a dencentralized exchange.