One thing's for sure: MTGOX SUCKS!! - page 2.

Dargo

legendary

Activity: 1820

Merit: 1000

Quote from: shad0wbitz on March 28, 2013, 06:40:49 PM

Quote from: boscorocks on March 28, 2013, 06:27:59 PM

All of these problems with Gox today make me wonder how this fits in to the Coinlab plans.
Are the problems cause because of the changeover process? Will things go fubar when they switch over..or will it be better? I do wish the exchanges were more decentralized too.

All coinlab is going to do, in my understanding, is facilitate americans to move money in and out of GOX. The sucky engine and trading will stay the same.

In fact, this is going to be worse because it will bring MUCH more volume to the trading engine.

Yes, Gox will be practically useless without an upgrade.

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: boscorocks on March 28, 2013, 06:27:59 PM

All of these problems with Gox today make me wonder how this fits in to the Coinlab plans.
Are the problems cause because of the changeover process? Will things go fubar when they switch over..or will it be better? I do wish the exchanges were more decentralized too.

All coinlab is going to do, in my understanding, is facilitate americans to move money in and out of GOX. The sucky engine and trading will stay the same.

In fact, this is going to be worse because it will bring MUCH more volume to the trading engine.

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: Wekkel on March 28, 2013, 05:58:22 PM

Quote from: shad0wbitz on March 28, 2013, 05:56:47 PM

Mark Karpeles is a hack

1. Do it better yourself and built a top-notch trading site

2. Use another exchange

Your response is idiotic. Linux is a million times better OS than windows, but will never have market share like windows, why? because windows was the first (commercially viable, etc.). BE THE FIRST, BE ON TOP FOR A LONG WHILE.

Bistamp is a good engine I believe, but GOX will continue to dominate, because it is the Windows of the Bitcoin exchange. They own the market, and Karpeles will bring bitcoin down with him.

boscorocks

newbie

Activity: 70

Merit: 0

All of these problems with Gox today make me wonder how this fits in to the Coinlab plans.
Are the problems cause because of the changeover process? Will things go fubar when they switch over..or will it be better? I do wish the exchanges were more decentralized too.

Newscastix

sr. member

Activity: 349

Merit: 250

For europe in EUR: https://bitcoin-24.com

rocks! Grin

uhoh

hero member

Activity: 742

Merit: 500

Circle gets the Square

Quote from: Missionary on March 28, 2013, 06:10:12 PM

I recommend Bitstamp. Seems to attract many of the European users.

+100, quick support, reliable and often same day SEPA, well designed website...and a constantly growing userbase and volume.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: NamelessOne on March 28, 2013, 06:01:59 PM

Quote from: Wekkel on March 28, 2013, 05:58:22 PM

Quote from: shad0wbitz on March 28, 2013, 05:56:47 PM

Mark Karpeles is a hack

1. Do it better yourself and built a top-notch trading site

2. Use another exchange

There is nothing wrong with expecting and demanding quality from the top exchange. They set the bar for the entire community and for the media. This thread shouldn't even exist because it shouldn't be a problem.

It won't stay a problem. Either Gox will get their shit together or people will finally understand momentum is the only reason people use Gox. I'm hoping for the latter so we can have a more decentralized exchange environment.

Missionary

full member

Activity: 224

Merit: 100

I recommend Bitstamp. Seems to attract many of the European users.

Drawback might be that they would not be prepared to handle an influx in the amount of users, thus getting to a point where they also become unstable.

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

Quote from: NamelessOne on March 28, 2013, 06:01:59 PM

There is nothing wrong with expecting and demanding quality from the top exchange. They set the bar for the entire community and for the media. This thread shouldn't even exist because it shouldn't be a problem.

I agree, but the end result is to vote with your feet or to build a better exchange yourself. Of course, a crashing MtGox will not be favourable to Bitcoin in the short run, but in the long run it will lead to better stuff.

You can see the evolution already taking place with other exchanges front running MtGox nowadays. MtGox's days are already numbered like a Netscape Navigator if they do not improve soon. Indeed, just relax and enjoy the ride.

bitcon

legendary

Activity: 2212

Merit: 1008

yea, whats the use of even having the btc value at the top of their site when its not even correct? are we just supposed to guess how much coins are worth? something has been smelling fishy with this for a while now.

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: Wekkel on March 28, 2013, 05:58:22 PM

Quote from: shad0wbitz on March 28, 2013, 05:56:47 PM

Mark Karpeles is a hack

1. Do it better yourself and built a top-notch trading site

2. Use another exchange

There is nothing wrong with expecting and demanding quality from the top exchange. They set the bar for the entire community and for the media. This thread shouldn't even exist because it shouldn't be a problem.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

who cares, if gox goes down another exchange will emerge. relax and enjoy the ride.

W-M

full member

Activity: 210

Merit: 100

In Crypto we Trust.

I wonder how the market will change. Will people switch over to other exchanges now that MtGox failed on them? Would be great to see this kind of 'decentralization' happening when people spread out to multiple exchanges again.

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

Quote from: shad0wbitz on March 28, 2013, 05:56:47 PM

Mark Karpeles is a hack

1. Do it better yourself and built a top-notch trading site

2. Use another exchange

shad0wbitz

full member

Activity: 182

Merit: 100

The idiocy of Mark Karpeles managed to hurt Bitcoin really badly in 2011. His inability to secure his own system costed Bitcoin a crash that took months to recover from.

Now the piss poor coding of his site shows every time there is a MILD run and volume.

Bitcoin Volume is growing exponentially by bits and bounds. Institutional customers getting interested in some real trading. New people pooring money into the ecosystem every week.

What is going to happen to this awful code in a few weeks/months when the volume quadrupled or tripled? This is the heart of Bitcoin (like it or not) and things don't look good right now.

Mark Karpeles is a hack, we all know that. It will be interesting to see how this all plays out.

Discuss!

Topic: One thing's for sure: MTGOX SUCKS!! - page 2. (Read 3339 times)