Quote from: piramida on February 14, 2014, 08:14:09 AM

Quote from: seriouscoin on February 14, 2014, 08:11:47 AM

Quote from: piramida on February 14, 2014, 07:55:17 AM

Quote from: seriouscoin on February 14, 2014, 07:28:06 AM

Quote from: traderCJ on February 14, 2014, 07:24:25 AM

Quote from: seriouscoin on February 14, 2014, 07:20:37 AM

Quote from: pungopete468 on February 14, 2014, 07:18:25 AM

So in watching Bitcoinwisdom; it's apparent to me that the other exchanges are following the trading activity on MtGox.

I don't know if it's mostly bot trading or if there are actually people stupid enough to follow this trend...

In any case, it looks like a $200 spread is about all we will see. If Gox goes down to $1 then it looks like Stamp, BTC-e, and Huobi will slit their own throats...

This is a sad day indeed. The hearts of man have failed; a foul darkness spreads...

(I sold 1/3 of my BTC at $796 after the BitcoinSteve prediction just as a safe hedge... I'm still saddened by this series of events even when I stand to profit greatly from it.)

Well, yes its sad to see other exchanges following Gox but its particularly hard not to while being manipulated.... I say most of those large dumps on other exchanges are made by Mark and his friends: https://bitcointalk.org/index.php?topic=464465.0

These exchanges are rat poison. They are anything but transparent and are susceptible to complete corruption. An incredible amount of money can be made by trading based solely private exchange data, let alone directly monkeying around with the books.

Couldnt agree more.

Without proper regulatory for exchanges, we're not gonna see any real investors. Those "whales" on the exchanges are either 1) very early adopters gambling or 2) manipulators( exchanges themselves)

What the hell? Why do you need regulation? How would having government crooks overseeing the business crooks remedy anything? Seen WallStreet much? We need distributed exchanges and they will be here soon, not regulation.

Because regulation is what put exchange operators in jail..... not your fantasy anarchy

really? How many heavily regulated bankers went to jail after 2008? You live in a unicorn land I'm afraid

Regulating money is a futile idea.

Dont let your judgement clouded because of some documentaries.... yes banking system is very corrupted. I'm not arguing you about that. I'm talking about exchange here not the whole banking system which is overly complicated by law makers and accountants.

Its only benefits to have regulated exchange where their order books are audited by third parties.