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Topic: Why you shouldnt use mtgox ever again - page 3. (Read 5427 times)

legendary
Activity: 1630
Merit: 1000
March 06, 2013, 08:50:30 PM
#8
if you guys wanna hear a good part of this, depending on the lag is how many users are on mtgox which seems to have a major corelation to how big of a rise or drop we have lol
legendary
Activity: 2100
Merit: 1040
A Great Time to Start Something!
March 06, 2013, 08:35:24 PM
#7
Not just bad, REALLY bad.
legendary
Activity: 1630
Merit: 1000
March 06, 2013, 08:30:54 PM
#6
They've rushed ahead with services without getting the fundamentals correct. It will hurt them in the long run
agreed 100%, before you can move on you need the basics to work 110% then you can move on to extra features.
full member
Activity: 120
Merit: 100
March 06, 2013, 08:21:28 PM
#5
They've rushed ahead with services without getting the fundamentals correct. It will hurt them in the long run
sr. member
Activity: 476
Merit: 250
March 06, 2013, 08:08:02 PM
#4
BTC is still not ready for primetime. 

Nah. Primetime's not ready for Bitcoin yet. Almost.
legendary
Activity: 1630
Merit: 1000
March 06, 2013, 08:07:27 PM
#3
BTC is still not ready for primetime.  MtGox is one of the primary examples - but we are still building the necessary infrastruction for legitimate investors to take notice of our little geek niche specialty currency.  FWIW I do believe BTC or more generally cryptocurrency can change the world or at least become very valuable - just that many people around here have gotten WAY ahead of where we really are today
Not arguing that but if mtgox plans to have a future in that economy then they need to step up there game
full member
Activity: 215
Merit: 105
Poorer than I ought to be
March 06, 2013, 08:05:51 PM
#2
BTC is still not ready for primetime.  MtGox is one of the primary examples - but we are still building the necessary infrastruction for legitimate investors to take notice of our little geek niche specialty currency.  FWIW I do believe BTC or more generally cryptocurrency can change the world or at least become very valuable - just that many people around here have gotten WAY ahead of where we really are today
legendary
Activity: 1630
Merit: 1000
March 06, 2013, 08:02:34 PM
#1
Well to make this quick and easy there are many reasons but I am going to name the big ones,
  • trading engine lags 770seconds
  • has had many problems with withdrawls
  • has had major dwolla problems in the past which i have heard still are not sorted out
  • cancel button rarely works correctly
  • during major movements trading is nearly impossible

The above reasons are just a few probelms i know off hand, mtgox is the leader in btc exchanges execpt they dont act like it and rarely fix anything.  There support honestly sucks, dont know the last time it was even possible to get someone on live chat. I personally used mtgox for many months but as bitcoin grows and gets more users mtgox is just begging for more and more problems.I do understand it takes time to fix some problems but its been months some problems even a year and still nothing has changed. Mtgox just sits and thinks they are the leader in the market and noone else has a chance. I recommened you remove all your coins from mtgox prior to the coinlab transition and use other exchanges, btc-e is okay, bitcoin-24 is another decent option, bitfloor and bitstamp are both quite nice. as more and more users make the switch the price will become better and better and maybe mtgox will relalize they need to step there game up if they want real users.

EDIT: changed mtgox lag to 663

EDIT: changed mtgox lag again, just cant keep up with how bad it gets, 731.81
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