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Topic: Bitcoin "crash" Please read news on mtgox (Read 1265 times)

hero member
Activity: 868
Merit: 1000
April 11, 2013, 05:38:48 AM
#10
I quit reading that press release here:

Quote
...victim of our own success!

Looks like Bruce Wagner is working for Mt. Gox.

Or Josh.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
meanwhile http://blockchain.info/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

could that be construed as disruptive to the economy?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
I quit reading that press release here:

Quote
...victim of our own success!

Looks like Bruce Wagner is working for Mt. Gox.
sr. member
Activity: 420
Merit: 250
SHIIIIT...
20K users a day? Well... I knew bitcoin was becoming more popular to the masses, didn't realize quite how popular..
Also, I enjoyed the crash.. Tongue Sadly I missed out on sales around 105$ XD
hero member
Activity: 812
Merit: 1022
No Maps for These Territories
Excuse me?  Gox has been behind the curve the whole time, their whole platform sucks balls and they do fuck all about it.  Hopefully this latest farce is the beginning of the end for them.
Everyone is free to stop using it and move somewhere else. There are enough alternatives by now. I also think diversification away from mtgox is good in the long run. But all this complaining is really pointless.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot

That said, I admire how quickly sites such as Mtgox and Bitstamp manage to scale out.


Excuse me?  Gox has been behind the curve the whole time, their whole platform sucks balls and they do fuck all about it.  Hopefully this latest farce is the beginning of the end for them.
legendary
Activity: 892
Merit: 1013
That said, I admire how quickly sites such as Mtgox and Bitstamp manage to scale out.

yep scaling up is not always so easy as some here pretend ...

100k user last year, 20K new user per day now. This is scalling up Smiley

That being said, much more poeple as may bitcoin mean?
hero member
Activity: 770
Merit: 500

That's the most pathetic post-mortem I have ever seen.
After blowing a major set back to the whole Bitcoin ecosystem, they don't apologize, and even find the way to self congratulate...
hero member
Activity: 812
Merit: 1022
No Maps for These Territories
As long as nothing disastrous happens, these kinds of things are only good. It reminds people that bitcoin is risky as investment, and reminds exchanges that they are an achilles heel, there is still a lot of either scaling or decentralization work to be done before the masses can start using it.

That said, I admire how quickly sites such as Mtgox and Bitstamp manage to scale out.
newbie
Activity: 57
Merit: 0
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