Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Actually i think gox was literally the case of what doesn't kill you makes you stronger. Gox was pretty much THE BTC exchange, and sort of had a monopoly and could (did) even set the price. It was ironic to have one centralized exchange thus one point of failure. And it did fail, BTC price took a hit, but now we're up to what like 5 "major" exchanges, and now no one exchange failure can (stamp 
) can have such catastrophic effect...growing pains
) can have such catastrophic effect...growing painsVery true. In the fiat world, Gox would have been "too big to fail", received a big bucket of taxpayer money and continued to lose its customers' money out the side-door.
Instead we just pick up and move on and make things better. The way it should be.