Post
Topic
Board Trading Discussion
Re: Why Bitcoin crashed
by
LeTanque
on 13/04/2013, 01:14:27 UTC
I think you guys are missing my point. It doesn't matter whether the price is going back up or whether it goes back down. The point is that there's a new Central Bank in town, and it's called Mt. Gox. But, unlike a real central bank, it's unreliable, it's randomly irresponsible, its precise location is unknown, and it's run by some anonymous teenager. Mt. Gox is Bitcoin's biggest problem right now.

Completely understand you. That's why I moved to Bitstamp. Smaller, but better. I hate MTGOX  Grin

Have you had good luck with Bitstamp? I ask, because their Facebook page is filled with unanswered questions to Bitstamp customer service.

But yes, this is exactly what everybody needs to do... flee Mt. Gox and switch to a variety of better exchanges.

Ripple solves some of the inadequacies with mt gox.