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Topic: One thing's for sure: MTGOX SUCKS!! - page 2. (Read 3334 times)

legendary
Activity: 1820
Merit: 1000
March 28, 2013, 06:42:01 PM
#15
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.
full member
Activity: 182
Merit: 100
March 28, 2013, 06:40:49 PM
#14
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.
full member
Activity: 182
Merit: 100
March 28, 2013, 06:39:44 PM
#13
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.
newbie
Activity: 70
Merit: 0
March 28, 2013, 06:27:59 PM
#12
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.
sr. member
Activity: 349
Merit: 250
March 28, 2013, 06:22:33 PM
#11
For europe in EUR: https://bitcoin-24.com

rocks!  Grin
hero member
Activity: 742
Merit: 500
Circle gets the Square
March 28, 2013, 06:17:08 PM
#10
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.
legendary
Activity: 1904
Merit: 1002
March 28, 2013, 06:15:18 PM
#9
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.
full member
Activity: 224
Merit: 100
March 28, 2013, 06:10:12 PM
#8
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.
legendary
Activity: 3108
Merit: 1531
yes
March 28, 2013, 06:08:26 PM
#7
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.
legendary
Activity: 2212
Merit: 1008
March 28, 2013, 06:04:57 PM
#6
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.
legendary
Activity: 840
Merit: 1000
March 28, 2013, 06:01:59 PM
#5
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.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
March 28, 2013, 06:00:55 PM
#4
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.
March 28, 2013, 06:00:00 PM
#3
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.
legendary
Activity: 3108
Merit: 1531
yes
March 28, 2013, 05:58:22 PM
#2
Mark Karpeles is a hack

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

2. Use another exchange
full member
Activity: 182
Merit: 100
March 28, 2013, 05:56:47 PM
#1
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! Smiley
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