Bitcoin Forum
October 22, 2017, 11:03:06 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: It's silly to bash MTGOX  (Read 730 times)
SGExodus
Full Member
***
Offline Offline

Activity: 232


View Profile
April 13, 2013, 03:59:07 PM
 #1

MTGOX got to where it is today because the community trust them with the money.

It's long over due in the market for more trustworthy exchanges.

It is not MTGOX fault that their competitors failed to build up the necessary reputation for the international community to trust them, and hence, trade through them.

You can have the best trade engine, and best UI, and even the best decentralized orderbook in the world.  But if you can't convince people that you won't pull off another Zhou-Tonged, no one will move large bitcoin/fiat money to your exchange for the transaction.
1508713386
Hero Member
*
Offline Offline

Posts: 1508713386

View Profile Personal Message (Offline)

Ignore
1508713386
Reply with quote  #2

1508713386
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508713386
Hero Member
*
Offline Offline

Posts: 1508713386

View Profile Personal Message (Offline)

Ignore
1508713386
Reply with quote  #2

1508713386
Report to moderator
Remember remember the 5th of November
Legendary
*
Offline Offline

Activity: 1554

Reverse engineer from time to time


View Profile
April 13, 2013, 04:03:04 PM
 #2

Why on earth are you out of the newbie section? MtGox are manipulative.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
BitCoinsLOL
Full Member
***
Offline Offline

Activity: 215



View Profile
April 13, 2013, 04:06:47 PM
 #3

Funny thing how no one seemed to mind when BTC was running like god.

I never thought my life could be. Anything but catastrophe. But suddenly I begin to see. A "BIT" of good luck for me. Cause I've got a golden ticket!
Bitmeat
Newbie
*
Offline Offline

Activity: 28


View Profile
April 13, 2013, 04:23:55 PM
 #4

Why on earth are you out of the newbie section? MtGox are manipulative.

They're not manipulative, they just give manipulative people cheap access in behind their trading site.

Since they are still doing most of the volume, it must mean the market decided that was fine.

Ok that was sarcasm, seriously stop being a sheep and use another bloody exchange rather than calling for the government to shut down MtGox. I use cavirtex and haven't had any issues whatsoever with them. Their commissions are a little high, but their engine seems good. Whether it or any other exchange will survive high volume trade load (DDOS) remains to be seen, but we wont find out until people put their bitcoins where their mouth is and go away from Gox.
Gabi
Legendary
*
Offline Offline

Activity: 1050


View Profile
April 13, 2013, 06:18:29 PM
 #5

I agree, there are tons of other exchanges, no one is forcing you to use mtgox. You don't like it? Nice, use another one.
BitCoinNutJob
Legendary
*
Offline Offline

Activity: 1148


View Profile
April 13, 2013, 11:00:41 PM
 #6

Why on earth are you out of the newbie section? MtGox are manipulative.

nah, they are struggling with demand its quite obvious.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!