Author

Topic: The community should demand the following [Edit: Insider trading?] (Read 839 times)

hero member
Activity: 588
Merit: 501
1) those guys distanced themselves from Mt Gox long ago when they no longer factored MT Gox's rates into their calculations for their published rates,
2) why do you need anyone of them to tell you that MG is bad when the evidence and your own brain told you that?
3) this forum told everyone long ago, before those guys made their disconnections to leave MG alone,
and
4) this wasn't the first time MG jammed the btc community, the prior matter was only months ago.


Believe it or not folks this forum collectively knows more than any individual, or any whole company, in the cryptocurrency industry about Bitcoin.  The problem is that we are conditioned to believe the media, corporate big wigs, and govt so we continue to defer to them, but where do you suppose they get their information from?  It doesn't have to originate here but this is where the truth, lies, suggestion, rumors, observations, etc ... get repeated, understood, tested, refined, and repeated a few more times

This forum is the epicenter of both cryptocurrency genius and cryptocurrency crap; but it only takes a bit of critical thinking to cut though the crap to get to the genius that flows in most threads.

When someone wants to start a coin, where do they go; when a manufacturer wants to sell their mining equipment they come here to find reviewers, testers, and a place to advertise. That's why when you protest anything in mass, or accept anything in mass, it is heard all over the cryptocurrency universe.


legendary
Activity: 3990
Merit: 1385
People should use Bitcoin for what it was meant to be used for, trading, not investing.

Smiley
hero member
Activity: 1470
Merit: 504
The moment he resigned from the Bitcoin Foundation was the point when most people lost hope of recovery. People might not have heard it from the horses mouth, but the actions should have spoken loud enough to move it all to bitcoinbuilder...
legendary
Activity: 1512
Merit: 1012
transparency it's like this :
- deposit FIAT money (t+1)
- convert money in BTC (t+1,5)
- retrieve in my bitcoin-QT wallet, the fund (t+2)
- 6 confirmations (t+60)




time in minutes.

That is a transaction wih a serious exchange ... not the stupid 3 days fantasy treatment.
You have this at the beginning with an exchange, but after, no delay AT ALL.
member
Activity: 84
Merit: 10
In regards to this --> http://finance.fortune.cnn.com/2014/02/25/secondmarket-knew-about-mount-gox-troubles/


The community ought to demand, in my opinion, all of the following companies make a statement clearly stating that they nor any of their employees privately knew that Gox was finished in advance and made trades based on that information.

I am interested to see how up front and transparent these companies are.


"We strongly believe in transparent, thoughtful, and comprehensive consumer protection measures. We pledge to lead the way."

-Blockchain.info
-Coinbase
-Circle
-Kraken
-Bitstamp
-BTC China


Jump to: