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Topic: Why don't you just stop the trading MK? (Read 420 times)

full member
Activity: 198
Merit: 100
February 16, 2014, 02:32:15 PM
#3
If they are short of fiat it would be very beneficial to allow the price to drop as low as possible to incentivised traders to withdraw bitcoins when they allow it .
legendary
Activity: 2156
Merit: 1094
February 16, 2014, 02:17:35 PM
#2
They should have already done that when the goxBTC price fell below 50% of stampBTC price.
But maybe they don't give a shit...
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
February 16, 2014, 02:05:19 PM
#1
Clearly the problem of Mt. Gox is hurting the Bitcoin community - yet they still keep trading (a month or so ago they were > 10% above the price of other exchanges as people couldn't get USD out and now they are nearly < 50% below other exchanges because people can't get BTC out).

Wouldn't it be best for the whole community if they just suspended trading until they fix up their software problems?

I think that Mt. Gox is not at all providing *leadership* here but instead is just providing fuel for the conspiracy theorists.
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