Guys
just to add insult to injury, as if all the recent turmoil wasn't enough, MtGox decided to take commissions to 0% for the next 2 days.
This move is basically allowing day traders to try any possible strategy to take a quick profit, multiplying by many times the number of daily transactions.
As a matter of fact the higher the commission the less likely is to make a profit on instant moves.
I'm scratching my beard and asking myself: is it because they are idiots or they made it on purpose?
They make alot of profit on daytraders.
Maybe they try smoothen things out littlebit, after many people are negative about lag among other things
Just would be nice if the site not go down every 10 min ;( !!!