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Question: What should MTGOX do when it's re-opened?
24/7 open market like it was - 12 (66.7%)
9am-4pm weekdays (normal stock exchange hours) - 1 (5.6%)
Other (Special bitcoin hours) - 5 (27.8%)
Total Voters: 18

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Author Topic: Regular exchange hours instead of 24/7 open market?  (Read 972 times)
d.james
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June 20, 2011, 02:16:17 AM
 #1

First of all mt.Gox is almost certainly understaffed, can't really blame them though as the community just grew too fast and they simply can't keep up with the growth.

Which makes it very dangerous to operate 24/7 on fully automated systems. I could be wrong, but they surely did not respond in time when their system was breached.

Now if they were to switch to an regular operating hours, such as the 9am-4pm, I'm sure they can easily hire a few human security monitors, who works for about 8 hours a day, 5 days a week, so if a problem is discovered they can do an emergency manual shut off to minimize the damage.

What do you guys think? Discuss!

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Kid81
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June 20, 2011, 02:18:31 AM
 #2

Let me guess, you are American? What about the rest of the world?
d.james
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June 20, 2011, 02:19:33 AM
 #3

Let me guess, you are American? What about the rest of the world?

Holy XXX good point!!! yes I'm silly American Tongue

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drmoo
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June 20, 2011, 02:32:18 AM
 #4

Forex markets trade 24/7, why can't bitcoin?
It is a currency, right?
Synaptic
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June 20, 2011, 02:34:09 AM
 #5

M-F 0600-1600 GMT
Synaptic
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June 20, 2011, 02:35:47 AM
 #6

Forex markets trade 24/7, why can't bitcoin?
It is a currency, right?

Because up to now, no BTC exchange has the manpower for it.

also, FOREX actually know what the fuck they're doing...
tymothy
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June 20, 2011, 03:10:28 AM
 #7

Forex markets trade 24/7, why can't bitcoin?
It is a currency, right?

Because up to now, no BTC exchange has the manpower for it.

also, FOREX actually know what the fuck they're doing...

How hard would it be to petition FOREX to list Bitcoin?
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