Have we hit a dead period it seems like everything is quite on all crypto currencies all of them seem to be going down on the trading sites. Any idea if they will increase if so when?
If you listen closely you will hear the sound of money vanishing, the longer it takes for the missing money to be found the faster and more permenant the injury will be to btc infrastructure and most of the cryptocurrencies that have mirrored their protocol on btc's protocol.
https://bitcointalk.org/index.php?topic=492776.0;allIf you want to improve things around here I would suggest one of the following:
1) help find the money
2) encourage the various exchanges to adopt standards that are based on higher standards of security, responsibility, transparency, and accountability.
The should be community certified, be bonded, have insurance, provide performance guarantees, provide better customer service, provide signed proof of solvency via the blockchain, provide regular audited statements, and the like
3) help develop a program that can search the blockchain for critical info
4) as others to help the cryptocurrency industry in any of these 4 ways
as it stands right now, the situation that occurred at Mt Gox could happen at any other exchange, which places the whole cryptocurrency in a downward pointing slow churning spiral. Essentially, btc holders are slowly cashing in their coins in hopes that something material changes. But as time passes the realization that the btc protocol flaw (inability to find the money, resulting in unreasonable high risk) becomes a painfully clear reality.
The blockchain is a perfect witness, it sees everything but if humans are unable to use it then it's dead to us.