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Topic: Not so "decentralized" currency... - page 2. (Read 1717 times)

legendary
Activity: 840
Merit: 1000
April 03, 2013, 09:21:02 AM
#7
Many of the exchanges are being DDOS attacked at the moment.
sr. member
Activity: 378
Merit: 250
April 03, 2013, 09:20:48 AM
#6
Sure, but if you look everywhere, I'm pretty sure everyone is pretty much on hold.  MtGox act like as a master reference.  If it goes up, others follow.  It goes down, other follows.  It's rarely Gox that follow others.  Everyone is waiting for Gox right now to decide if we'll crash or not on Gox re-entry...
legendary
Activity: 1820
Merit: 1000
April 03, 2013, 09:20:10 AM
#5
Yes there are other exchanges, but most merchants are tied to Gox for the exchange rate.
sr. member
Activity: 349
Merit: 250
April 03, 2013, 09:18:34 AM
#4
So true...

Its because people only use 1 site to trade on...

There are tons of other exchanges to use: http://yellowcoins.com/bitcoin/Exchanges/

People... use other exchanges where possible... Especially anyone from Europe has better options than "The Gox"

hero member
Activity: 518
Merit: 500
April 03, 2013, 09:17:54 AM
#3
What you mean "on hold"? MtGox USD/BTC ratio is on hold, yes, but why not log into bitstamp or any of the other 20 exchanges and trade all you want?

Yup.
legendary
Activity: 1176
Merit: 1010
Borsche
April 03, 2013, 09:17:11 AM
#2
What you mean "on hold"? MtGox USD/BTC ratio is on hold, yes, but why not log into bitstamp or any of the other 20 exchanges and trade all you want?
sr. member
Activity: 378
Merit: 250
April 03, 2013, 09:15:32 AM
#1
So, it's ironic to see how a supposedly "decentralized" currency get halted because a single site is down...  Well, the protocol itself is immune, but the market value is basically on hold worldwide...
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