Can't believe people still quote mt gox prices. Quiz question: if the coins traded for 1200 USD, but mysteriously vanished from the exchange - how much were they truly worth?
That chart ends when it went out of sync with the other exchanges, but MtGox
was the only exchange that goes back to the dollar parity. Your question is a good one though. All the quoted exchanges except (to some degree) localbitcoins follow the MtGox model. This isn't good. It is almost inevitable that another exchange
loses all the funds.
If you're going to trade your bitcoins publicly, you shouldn't be asking for privacy. Until a better method is created to trade securely and decentralized, we need centralized licensed brokerages.
That seem's like an interesting idea time will decide if people decide to switch the models.
I'm sure though that a high level discussion about how to address this without having to force publicity will be developed
Possibly through sidechains which can act as brokerages but without needing the central element.
A lot of things going in bitcoin but personal account privacy and public amount of bitcoins an exchange have are different levels of privacy.
So finding the X point between the two is the challenge.
