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Topic: Poll: Should Mt. Gox increase the time between opening and trading? - page 2. (Read 2578 times)

legendary
Activity: 1974
Merit: 1010
newbie
Activity: 56
Merit: 0
Why isn't there a "who cares" option?
As you wish.
legendary
Activity: 1974
Merit: 1010
Why isn't there a "who cares" option?
newbie
Activity: 56
Merit: 0
I thought they said it would 24 hours between opening their site back up and allowing trades?  Now it is one hour.

IMHO, they need to allow more time so that people that didn't get their accounts activated through some glitch in their system can resolve that before market opening.  As of right now, no one that went through the claims process has any indication that the process was successful.  They won't know until 3:00 GMT on Friday with the email sent out.  So if they don't get the activation email, that gives them one hour to get it fixed before market opening.  Given Mt. Gox's response time, it essentially means it ain't gonna happen.

Some speculators believe that the price will drop quite a bit for a while, and if their accounts aren't available during that time, they could miss on a buying opportunity.

So that is my opinion, what is yours?

BTW, according to Mt. Gox, you can still withdraw funds before the market opens.  So the extra time won't effect your withdrawls.
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