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I wonder why. There seems to be a huge gap in the market for a professionally run enterprise here. Or at least, anything more focused beyond students half-assin
by 0x0 14y ago
I wonder why. There seems to be a huge gap in the market for a professionally run enterprise here. Or at least, anything more focused beyond students half-assing it part-time.
- wmf 14y agoBitcoin market activity may not be large enough to ever pay back the significant cost of building a secure exchange. Also, as TradeHill and CampBX discovered, people just won't move off of MtGox no matter how bad it is.
- ScottBurson 14y agoPeople won't move off of MtGox for a simple reason: it has by far the best liquidity. The only way for another exchange to get a foothold would be to offer similar liquidity, which would mean taking the other side of most trades themselves. This would be very risky and they would need deep pockets.