Author

Topic: BitStamp Volume Trumps Gox by over 20% in last 24 hr! (Read 1075 times)

sr. member
Activity: 350
Merit: 250
Mt.gox is history. They might never allow usd withdrawals at all...
member
Activity: 81
Merit: 10
Gox has been getting pumped by the Govt and select authorities, yes it could do better with many of its PR issues but when someone is out to take you down, it's hard to remain the best service possible. 

Theres external forces at play here, Gox are being broken down, bit by bit and where they have failed, Bitstamp will look to improve. 
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
member
Activity: 125
Merit: 10
guys, why so hard on mt.gox, they are getting screwed by everyone! $2.9m stolen by the government, $70m being sued, and apparently all US financial institutions are done with them... you think this new company will be any different when the government starts fucking with them or when they are getting sued, all financial institutions are banning them, etc?

sure they could have better PR... and i see why people arent using them because of this of course. but its not really their fault whats going on is it?

I'm guessing its because most people have never dealt with a retail broker before. I have been trading forex for over 14 years now & have worked with so many different retail brokers & this is just the way things go. maybe not as long as gox has people waiting but there all the same it always a headache to withdraw funds. Things will get better over time as they become more established & learn how to properly process withdrawals. People need to understand no matter how frustrated you are with gox, them falling is it a good thing for the bitcoin community as a whole.
full member
Activity: 145
Merit: 100
coins...coins...as far as you can see
The fact that mt gox took a $5 million hit and is still around should tell you something. The whole bitstamp trading volume being brought up is such a joke. Look at the sum asks and bids and you'll see the Mt. Gox is 10x+ bigger.
full member
Activity: 1050
Merit: 110
guys, why so hard on mt.gox, they are getting screwed by everyone! $2.9m stolen by the government, $70m being sued, and apparently all US financial institutions are done with them... you think this new company will be any different when the government starts fucking with them or when they are getting sued, all financial institutions are banning them, etc?

sure they could have better PR... and i see why people arent using them because of this of course. but its not really their fault whats going on is it?
newbie
Activity: 29
Merit: 0
Maybe both!
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong

Bitstamp is a great company and doing everything right.

Or gox is just doing absolutely everything wrong...
sr. member
Activity: 280
Merit: 250

Bitstamp is a great company and doing everything right.
full member
Activity: 238
Merit: 100
This is what they deserve for their arrogance, incompetence.
They don't give a fxxk to their customers, the laws, the rules, their reputation, they have no plan to stay in the business.
They'd better die earlier than later to do the community a favor.
full member
Activity: 238
Merit: 100
http://bitcoinwatch.com/

bitstampUSD      11,147.64   
mtgoxUSD      9,086.94

@10:51 PT time.
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