Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
Bitsinmyhead
on 11/02/2014, 08:40:44 UTC
@rpietila
You really need to take a few deep breaths.

I totally agree with you that Mt. Gox is a bunch of liars and running their exchange in an immoral way. However, sturle has been 100% up front with everything. He has pretty much been telling everyone here exactly what he is doing and still managed to own a lot of people pretty hard. Most in his position would try to spread even more fear and try to move the price in a way that would make them the most profit. Sturle has done the opposite (even though he is probably the person in this thread who could cause the biggest panic by starting to say negative stuff about gox) and for that he deserves a good amount of respect. I do not think the banksters you are comparing him to would do that.

By the way here is a timeline of how he explained the situation you are complaining about, hope it makes things more clear:
1. Mt gox lag goes to 1 minute.
2. Sturles bot pulls his orders.
3. Mt gox lag goes to 2 minutes.
4. You place your market order, still seeing the bots order in the book because of the lag, but it has already been removed.