I agree with OP.... Currently MtGOX is closed and the reason stated at the top of my HOME page is, "...to allow the market to cool down following the drop in price." Freaking serious?
So they close down all trading after the huge drop so we can all cool down and not convert to USD and withdraw our money.
They screwed up bad with their stupid congratulatory press release. The failure of their systems to prevent LAG has created customers ill feelings of liquidity due to trading systems, not market sentiment. They shot themselves in their own foot.
I also noticed they aren't going to be charging any fees for a short time after starting the exchange up again... yeah thanks. Maybe that will make up for when I always see my trades where the 0.55% FEE is based on say $150.00 per BTC, but my BTCs got sold or bought the very same second (timestamp) at $0.50 to $1.00 the wrong direction for me. Nice... always charge the customer the higher/better price for your fee then liquidate their BTCs at a lower or worse price.
So they close down all trading after the huge drop so we can all cool down and not convert to USD and withdraw our money.
They screwed up bad with their stupid congratulatory press release. The failure of their systems to prevent LAG has created customers ill feelings of liquidity due to trading systems, not market sentiment. They shot themselves in their own foot.
I also noticed they aren't going to be charging any fees for a short time after starting the exchange up again... yeah thanks. Maybe that will make up for when I always see my trades where the 0.55% FEE is based on say $150.00 per BTC, but my BTCs got sold or bought the very same second (timestamp) at $0.50 to $1.00 the wrong direction for me. Nice... always charge the customer the higher/better price for your fee then liquidate their BTCs at a lower or worse price.