the owner of that website is making MILLIONS just by having a website and "guaranteeing" the trades. He processes them manually. He makes 2% on each trade, on both sides of the trade.
Even for bitcoin standards, this is an astonishing easy way of becoming a fucking millionaire.
I bet he is praying for Gox stalling the situation indefinitely
To be honest I thought about this the other day and thought...
BigBitBuilder - or some such name - same identical business model, 1.5% fees each side of trade..
Even thought about IPO'ing the idea on here and getting the thing up and running in days...
Alas I am to busy to take on a project atm.
Anyone else?