Topic: Mt Gox is lying - page 3. (Read 2144 times)
To me and I believe many of us here, bitcoin represents freedom and choices! Gox defiantly needs some competition and restructuring.
With the very high price of bitcoin last days, I suspect they have a problem when someone wants to cash in a larger BTC accounts. They just don't have that money. They force the price to drop... Happens ones, happens twice, it will happen again.
I think they are MOSTLY incompetent and SLIGHTLY lying 
Please feel free to add your own theories!
Too hard on Mt Gox, you say? Well, consider this... If Mt Gox couldn't handle the influx of new users, why did they only experience problems when bitcoins were going down? The volume didn't seem to bother the site one bit when bitcoin prices were skyrocketing.
Too hard on Mt Gox, you say? Well, consider this... If Mt Gox couldn't handle the influx of new users, why did they only experience problems when bitcoins were going down? The volume didn't seem to bother the site one bit when bitcoin prices were skyrocketing.
Having 80% of he transactions volume is never a good thing. I hope some competition shows up pretty soon.
what the ...?! back up and showing volumes for the entire day... while they were closed?!
yep, seems extremely suss to me too - when it was back up for a tiny while, the prices were flying up again, shut down again, prices plummet again. it would be an efficient way to make money; shut down, buy BTCs cheap from other exchanges, open up and sell at the high price again :/ even if they're just really completely incompetent - 2 days to deal with capacity problems?!?! don't they have a single person working for them that knew that you have to plan a public system to be scalable?! - they have definitely proven themselves (again) to be the achilles heel of bitcoin :/
Getting all my funds out of the Gox and never using them again.
I really hope the rest of the BTC community follows this route. At least until Gox handles very little of the Bitcoin market, and not more than all the rest combined.
I really hope the rest of the BTC community follows this route. At least until Gox handles very little of the Bitcoin market, and not more than all the rest combined.
Lying or not, it's time to dump them.
That's one of the biggest barriers to Bitcoin being widely accepted. Easy ways to change fiat into BTC and reliable exchanges to then handle transactions.
That's one of the biggest barriers to Bitcoin being widely accepted. Easy ways to change fiat into BTC and reliable exchanges to then handle transactions.
Please feel free to add your own theories!
Too hard on Mt Gox, you say? Well, consider this... If Mt Gox couldn't handle the influx of new users, why did they only experience problems when bitcoins were going down? The volume didn't seem to bother the site one bit when bitcoin prices were skyrocketing.
Too hard on Mt Gox, you say? Well, consider this... If Mt Gox couldn't handle the influx of new users, why did they only experience problems when bitcoins were going down? The volume didn't seem to bother the site one bit when bitcoin prices were skyrocketing.
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