Post
Topic
Board Trading Discussion
Re: URGENT: What is next and legitimate on MtGox after the security issue?
by
S3052
on 19/06/2011, 20:48:06 UTC
Agree that it is difficult...

and there is one important overall question:

Is the fact that the BTC market was unregulated equaling that the exchange owner can just do anything?

I guess many people buying bitcoins at MtGox  were -  rightly or wrongly -  assuming that standard exchange practices were followed. Shouldn't now standard exchange principles apply?

The fact that bitcoin is unregulated does not automatically mean that an owner can just ignore standard existing practices of exchanges (and that's what it is).

Does someone have some standard knowledge of how normal exchanges would need to treat the issue that happend today on bitcoins?

Including placing bid / asks order again where they were or not?