No more GOX for me!
Just a quick note to all the MtGox detractors out there :
Whatever happens first to MtGox will surely happen to the rest of the exchanges at some point in the future.
Any exchange that grows large enough to be useful will experience all sorts of problems - just like MtGox.
This applies to things like trade engine lag as well as banking problems. Just try using cryptsy when it's really busy - it grinds to a halt.
But given these limitations that most banks impose to bitcoin exchanges, how can forex traders overcome them?
According to a recent
press release, TheRockTrading is acquiring a forex license and completely change their bussiness model. Perhaps this is the way to go for most exchanges...