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Referring to it like that is just as stupid as when people used to say "M$".

by benologist 13y ago

lmm 13y ago
Not when that's its actual name. (Also I hear it's written in Personal Home Page)
- benologist 13y ago
  They were never under any obligation to use mtgox.com for their original idea for all eternity, and on HN of all places there is no shame in pivoting to a better idea.
  - gnaritas 13y ago
    There's no shame in a pivot, but there's also valid reason to criticize a pivot to something you can't handle. Trading cards is not like trading currencies.
    - kinghajj 13y ago
      The person who started the card-trading site is not the same person who currently owns MtGox. The original owner did convert it into a Bitcoin exchange, but then sold early on (I believe pre-2011 spike) to let someone else deal with the hassles.
      - gnaritas 13y ago
        I'm aware of that, but it's not relevant to the point I made. If the original site was re-purposed, it doesn't matter who currently owns it.
gnaritas 13y ago
Not the OP, but no, no it's not. That Gox used to be a trading site for game cards very much speaks to their being unprepared for the difficulty of being a currency exchange. You can't honestly think a trading card site had the correct platform to just become a currency exchange and not suffer any technical debt or architectural issues from not being built as a currency exchange from the beginning.
- deleted 13y ago
  [deleted]
- benologist 13y ago
  That Gox used to be something else means nothing. What matters is what it is - and that is not a trading card site. Millions of domains were something else. Many of us have pivoted from one idea to the next while salvaging what we can or what we learned. I also don't think being in over your head or having architectural issues is a crime - it's the default state for startups, especially ones trying to keep up with big growth. Putting shit on mtgox for being the quintessential bootstrapped startup, on HN, is just stupid.
  - gnaritas 13y ago
    > That Gox used to be something else means nothing. I just explained why it does mean something, so we simply disagree.
    - benologist 13y ago
      If they're still using the source code from 2010 when it was a completely different business with a completely different name with a completely different purpose owned by a completely different person, according to the Wikipedia link you posted.
      - gnaritas 13y ago
        You're pretending this was just a domain name sale; that's not what the public story is, the story is that it was re-purposed by the original owner who then sold it to the current owners so there's every reason to believe it's based on the original code.
        waterlesscloud 13y ago
        Well, every reason except that the site for trading Magic The Gathering Online cards never went live. And that trading currencies is a completely different task than trading cards.

Referring to it like that is just as stupid as when people used to say "M$".

lmm 13y ago

Not when that's its actual name. (Also I hear it's written in Personal Home Page)

benologist 13y ago
They were never under any obligation to use mtgox.com for their original idea for all eternity, and on HN of all places there is no shame in pivoting to a better idea.
- gnaritas 13y ago
  There's no shame in a pivot, but there's also valid reason to criticize a pivot to something you can't handle. Trading cards is not like trading currencies.
  - kinghajj 13y ago
    The person who started the card-trading site is not the same person who currently owns MtGox. The original owner did convert it into a Bitcoin exchange, but then sold early on (I believe pre-2011 spike) to let someone else deal with the hassles.
    - gnaritas 13y ago
      I'm aware of that, but it's not relevant to the point I made. If the original site was re-purposed, it doesn't matter who currently owns it.

gnaritas 13y ago

Not the OP, but no, no it's not. That Gox used to be a trading site for game cards very much speaks to their being unprepared for the difficulty of being a currency exchange. You can't honestly think a trading card site had the correct platform to just become a currency exchange and not suffer any technical debt or architectural issues from not being built as a currency exchange from the beginning.

deleted 13y ago
[deleted]
benologist 13y ago
That Gox used to be something else means nothing. What matters is what it is - and that is not a trading card site. Millions of domains were something else. Many of us have pivoted from one idea to the next while salvaging what we can or what we learned. I also don't think being in over your head or having architectural issues is a crime - it's the default state for startups, especially ones trying to keep up with big growth. Putting shit on mtgox for being the quintessential bootstrapped startup, on HN, is just stupid.
- gnaritas 13y ago
  > That Gox used to be something else means nothing. I just explained why it does mean something, so we simply disagree.
  - benologist 13y ago
    If they're still using the source code from 2010 when it was a completely different business with a completely different name with a completely different purpose owned by a completely different person, according to the Wikipedia link you posted.
    - gnaritas 13y ago
      You're pretending this was just a domain name sale; that's not what the public story is, the story is that it was re-purposed by the original owner who then sold it to the current owners so there's every reason to believe it's based on the original code.
      - waterlesscloud 13y ago
        Well, every reason except that the site for trading Magic The Gathering Online cards never went live. And that trading currencies is a completely different task than trading cards.