Author

Topic: Is Mt.Gox hacked? (Read 1438 times)

hero member
Activity: 662
Merit: 500
March 08, 2013, 06:37:08 PM
#10
For the API I'll keep using gox as far as I can see for selling, but being in the UK I'm supporting the minor exchanges that support barclays pingit app. Never been so easy to get coin!… when the services are up. time of writing blockchain.info is being upgraded to a better server (emasculating the 'ikkle' mac mini i have running at home) and bitcoinfridge.co.uk was so successful they had to stop till april so as not to fall in to tax regulation
legendary
Activity: 1904
Merit: 1002
March 08, 2013, 02:17:30 PM
#9
Yet another person complaining about gox being made of cardboard; yet still using gox

You may not know it, but Gox unfortunately is the only service around here that didn't run with client's money in the last three years, and that matters more than poor service. However, only up to some limit Smiley

This +1

plus, even more, there is simply no alternative to Mt.Gox, when you combine the high volume, the relatively easy availability from any point of the world, the ubiquitous API used by most other services, and the USD/BTC rate, which, due to this dominance, is commonly used as just "the" Bitcoin rate.

And yes, this is a very dangerous situation for the XBT economy as a whole.

All of those advantages, besides the API, are caused by the volume.  If that volume were to move, the advantages would follow, but it is a chicken and egg problem.  Like I've said before, we will likely have to see MtGox broken before we can have 10 replacements pop up and really allow bitcoin to grow.  Many of these future leaders are already with us, but are waiting for the opportunity.  Right now, MtGox and it's shitty reliability are the biggest thing holding back bitcoin.

Edit: And many other exchanges offer solid APIs.
legendary
Activity: 1904
Merit: 1002
March 08, 2013, 02:01:25 PM
#8
Vote with your feet.

Keep saying it.  I've been at it for months yet people continue to bitch and moan instead of using a different exchange.
hero member
Activity: 602
Merit: 500
March 08, 2013, 01:24:01 PM
#7
Yet another person complaining about gox being made of cardboard; yet still using gox

You may not know it, but Gox unfortunately is the only service around here that didn't run with client's money in the last three years, and that matters more than poor service. However, only up to some limit Smiley

This +1

plus, even more, there is simply no alternative to Mt.Gox, when you combine the high volume, the relatively easy availability from any point of the world, the ubiquitous API used by most other services, and the USD/BTC rate, which, due to this dominance, is commonly used as just "the" Bitcoin rate.

And yes, this is a very dangerous situation for the XBT economy as a whole.
legendary
Activity: 1176
Merit: 1010
Borsche
March 08, 2013, 10:37:26 AM
#6
Yet another person complaining about gox being made of cardboard; yet still using gox

You may not know it, but Gox unfortunately is the only service around here that didn't run with client's money in the last three years, and that matters more than poor service. However, only up to some limit Smiley
sr. member
Activity: 448
Merit: 250
March 08, 2013, 08:48:35 AM
#5
ITT: Yet another person complaining about gox being made of cardboard; yet still using gox

... Is this like a recurring trend around here? People still using services they are displeased with? It doesn't make any sense to me but maybe I'm just old-fashioned.
sr. member
Activity: 448
Merit: 250
this statement is false
March 08, 2013, 05:06:26 AM
#4
Vote with your feet.
+21,000,000
legendary
Activity: 1458
Merit: 1006
March 06, 2013, 11:02:08 PM
#3
Vote with your feet.
sr. member
Activity: 462
Merit: 250
Clown prophet
March 06, 2013, 09:14:36 PM
#2
Tux should really consider to do something with it for such huge fees!
sr. member
Activity: 462
Merit: 250
March 06, 2013, 09:13:37 PM
#1
I seriously think something is fucking wrong with their server.

All the buy and sell orders are over place.

And the LAG!!!!

It cant just be volume.

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