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(p.1)
Author
Topic: Regular exchange hours instead of 24/7 open market? (Read 1182 times)
d.james
(OP)
Sr. Member
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Firstbits: 12pqwk
Regular exchange hours instead of 24/7 open market?
June 20, 2011, 02:16:17 AM
#1
First of all mt.Gox is almost certainly understaffed, can't really blame them though as the community just grew too fast and they simply can't keep up with the growth.
Which makes it very dangerous to operate 24/7 on fully automated systems. I could be wrong, but they surely did not respond in time when their system was breached.
Now if they were to switch to an regular operating hours, such as the 9am-4pm, I'm sure they can easily hire a few human security monitors, who works for about 8 hours a day, 5 days a week, so if a problem is discovered they can do an emergency manual shut off to minimize the damage.
What do you guys think? Discuss!
You can not roll a BitCoin, but you can rollback some.
Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
Kid81
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Re: Regular exchange hours instead of 24/7 open market?
June 20, 2011, 02:18:31 AM
#2
Let me guess, you are American? What about the rest of the world?
d.james
(OP)
Sr. Member
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Activity: 280
Merit: 250
Firstbits: 12pqwk
Re: Regular exchange hours instead of 24/7 open market?
June 20, 2011, 02:19:33 AM
#3
Quote from: Kid81 on June 20, 2011, 02:18:31 AM
Let me guess, you are American? What about the rest of the world?
Holy XXX good point!!! yes I'm silly American
You can not roll a BitCoin, but you can rollback some.
Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
drmoo
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Re: Regular exchange hours instead of 24/7 open market?
June 20, 2011, 02:32:18 AM
#4
Forex markets trade 24/7, why can't bitcoin?
It is a currency, right?
Synaptic
Member
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Activity: 84
Merit: 10
Re: Regular exchange hours instead of 24/7 open market?
June 20, 2011, 02:34:09 AM
#5
M-F 0600-1600 GMT
Synaptic
Member
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Activity: 84
Merit: 10
Re: Regular exchange hours instead of 24/7 open market?
June 20, 2011, 02:35:47 AM
#6
Quote from: drmoo on June 20, 2011, 02:32:18 AM
Forex markets trade 24/7, why can't bitcoin?
It is a currency, right?
Because up to now, no BTC exchange has the manpower for it.
also, FOREX actually know what the fuck they're doing...
tymothy
Full Member
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Activity: 224
Merit: 100
Re: Regular exchange hours instead of 24/7 open market?
June 20, 2011, 03:10:28 AM
#7
Quote from: Synaptic on June 20, 2011, 02:35:47 AM
Quote from: drmoo on June 20, 2011, 02:32:18 AM
Forex markets trade 24/7, why can't bitcoin?
It is a currency, right?
Because up to now, no BTC exchange has the manpower for it.
also, FOREX actually know what the fuck they're doing...
How hard would it be to petition FOREX to list Bitcoin?
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