I can understand halting trades when the margin calls have caused a significant difference b/w stamp and BFX, but a flat '10% per hour to decline is too much' centralized all exchange halt like a few people here are suggesting sounds ridiculous.
What would you call such a system? 'FinCEN BTC, the first centralized authority in crypto!'
For a number of reasons the idea is nauseating.
Umm.. I wasn't the one that made that suggestion, i just suggested a rolling half-breaker, it operates under very different set of conditions and is specific only to BFX. I'm not sure why you're associating me with the suggestion to halt all exchanges.