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When MtGox's trade delay hit 30 mins+ (April 2013), and the price was crashing, I hopped on to IRC. I went to mtgox's channel and advocated in the strongest ter
by leot 9y ago
When MtGox's trade delay hit 30 mins+ (April 2013), and the price was crashing, I hopped on to IRC. I went to mtgox's channel and advocated in the strongest terms that they halt trading, like any sane exchange would do (the trade delay was a major factor in the crash).
When Tux's #2 told me he couldn't do it because Mark was asleep (time zones! etc), it became pretty clear they didn't have a clue about what they were doing.
- kakarot 9y agoI'm glad other people perceived the delays and realized they were unacceptable and indicative of something bad as well as bad management / development practices. Some people have tried telling me in the past that I'm full of shit for pointing out the delays and what they meant. I moved my coin away about a month or so before the big hack. Stay sharp, friend.