As the title says, the fee for opening a new account on MPEx is 30 BTC, effective immediately. Already existing accounts are unaffected. The fee is projected to keep increasing for the indeterminate future.
How do you justify this ridiculous fee? where/to whom does this fee go?
It goes to their crack team of web developers. That's why the site is so slick and doesn't have to share a server and domain name with a romanian porn board.
WOW 30btcs to use a site that is designed worst than craigslist and has two stocks. I would like to know how this fee is going to help the site. Are you going to get more servers? Are you going to focus on a better UI and maybe an API? I mean I would never pay for something that obviously doesn't show a return in the site.
The fee is mostly there to keep out people who have no business investing. These may or may not be the sort of people that don't distinguish worse and worst.
Bitcoin is all about crowdsourcing. Besides, it's better for potential issuers/shareholders that there are more users on the site to drive volume, this will not help that.
Also, you're the most incredibly condescending business representative I've ever had the displeasure of speaking to. There's a reason your ignore button is highlighter-orange.