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People 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 sim
by ScottBurson 14y ago
People 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.