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Author Topic: MtGox is the Flagship  (Read 2177 times)
Opsamk
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April 12, 2013, 05:02:48 AM
 #1

Admit it...

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April 12, 2013, 05:03:47 AM
 #2

not any more

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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April 12, 2013, 05:09:37 AM
 #3

Aluminum isn't cutting it.

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
noedaRDH
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April 12, 2013, 05:10:21 AM
 #4

not any more

It will be still the flagship.

In the 2011 flash crash, people said Gox is done for sure, that was when TradeHill was supposedly the next best thing.

But Gox still came out squarely on top.

Besides, any time you see even hear the name of any Bitcoin exchanges in the media, it's almost always going to be about Mt.Gox.

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Nesetalis
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April 12, 2013, 05:17:37 AM
 #5

Mtgox is the plow on the front of the train.
Takes a beating pushing snow out of the way... and cows... How well it works affects how fast the train goes... But the train is far bigger than the plow.

ZOMG Moo!
mp420
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April 12, 2013, 05:58:26 AM
 #6

MtGox is the only one that takes the banking/legal side of the business seriously (they have to, because they're too big to fly under the radar). I don't really like keeping money in MtGox either, but I really wouldn't want to keep any significant money in any other exchange for longer than absolutely necessary.

This is not to say MtGox can't go instantly tits up and take everyone's money with it. Just that it's significantly less likely than with the smaller exchanges.
jayez
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April 12, 2013, 06:08:18 AM
 #7

Tits up eh
Opsamk
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February 14, 2014, 08:32:16 AM
 #8

Mtgox is the plow on the front of the train.
Takes a beating pushing snow out of the way... and cows... How well it works affects how fast the train goes... But the train is far bigger than the plow.

This. People are still denying that fact that Mt Gox has a direct effect on the market as a whole.

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Oldminer
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February 14, 2014, 08:38:22 AM
 #9

gox is history

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February 14, 2014, 08:41:51 AM
 #10

I won't be surprised if Gox uses much of it's funds and comes up with a fix for the withdrawal ahead of everybody else.

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February 14, 2014, 01:47:23 PM
 #11

I won't be surprised if Gox uses much of it's funds and comes up with a fix for the withdrawal ahead of everybody else.

I would. Withdrawal problems have never bothered them before.

Admit it...
A flagship she may be, but unfortunately her crew are barely fit to pilot a rubber dinghy.  



I Wish GOX would Hurry up and die already. As long as the biggest BTC Exchange is run by incompetent idiots (i'm referring to Gox's activities in general, not specifically this latest debacle), this kinda thing is going to keep happening.
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February 14, 2014, 02:47:18 PM
 #12


Aaah, the nostalgia. Back when people still thought mtgox would always find a way to get back on its feet. Not this time, friends Smiley

They're already 2nd rate in volume, behind bitstamp, btc-e (most of the time) and the Chinese (whose volume is inflated, admittedly), and by this time next year, if they still exist, their volume will be a quarter (or less) of the then leading exchange.


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cr1776
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February 14, 2014, 06:26:35 PM
 #13

Admit it...

The flagship of Fail, perhaps.
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February 14, 2014, 06:30:55 PM
 #14

not any more

It will be still the flagship.

In the 2011 flash crash, people said Gox is done for sure, that was when TradeHill was supposedly the next best thing.

But Gox still came out squarely on top.

Besides, any time you see even hear the name of any Bitcoin exchanges in the media, it's almost always going to be about Mt.Gox.

Gox didn't blame Bitcoin in 2011.

You don't stay in business by bad mouthing the reason you have a business to begin with.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
pietje
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February 14, 2014, 06:37:30 PM
 #15

gox:



or actually more like this atm:

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February 14, 2014, 07:08:24 PM
 #16

gox is a cheap slut. she goes down on everyone, but is always there for you. dont try to get your money back or that pimp keppeles will rip you off


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..ETHLend..1
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jojo69
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February 14, 2014, 08:02:58 PM
 #17

lol

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
EuroTrash
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February 14, 2014, 08:10:07 PM
 #18

the fragship you mean


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BitcoinAshley
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February 14, 2014, 08:16:11 PM
 #19

What is this thread even about? Gox was $100-$200 more than all the other exchanges due to withdrawal problems, and now it's OVER $200 LESS than the other exchanges, due to withdrawal problems. And Bitstamp has already announced they'll be resuming BTC withdrawals later today.

Gox has finally goxx'd itself, for good. It's not going to survive this one...
redhawk979
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February 14, 2014, 08:21:41 PM
 #20

Everyone bitches that Gox is the worst stain upon Bitcoin history, but forget that everyone loved Gox when they proclaimed the price to be an ATH of 1200.
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