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Topic: Today is another important day in Bitcoin's history (Read 770 times)

legendary
Activity: 1064
Merit: 1001
NEWS:

Another exchange bites the dust letting a bunch of people without their funds.

Sorry, this is the price we pay for playing with exchanges in bitcoin economy. Exchanges have no place. But again, people being sheep, when they are promised get-rich-quick schemes, they jump off the cliff.

PEOPLE: Assuming ALL exchanges from now on will be solvent and all, what the fuck do you do if your bank freezes your funds Huh?

Here's my proposal: trading bitcoin on the street. Either for cash or goods. This is key. This is the true freedom you can get with BTC.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
So, could this be the day we should start removing gox from online charts?

bitcoinity.org shows the top 4 exchanges based upon volume. MtGox is already down to 3 and will likely fall off in a few hours due to no volume.

Most price averages have already dropped MtGox.

If they come back online, even with new ownership they will be starting behind even new exchanges due to the negativity surrounding them.
legendary
Activity: 1064
Merit: 1001
I wonder, if this is maybe the MOST important one?

MtGox, leader exchange and first big exchange is now offline. Maybe not for good but when you are that big you cannot simply display a blank page. So, could this be the day we should start removing gox from online charts?

There were many wake up calls, I myself spread some last year regarding keeping bitcoins in the freaking wallet, not in the wallet of Karpeles.

I am very curious on how much money people lost using MtGox the past 6 months...
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