| Mt. Gox used to stand for that. It no longer does. There is a very distinct difference. I didn't say that you didn't like LG, I asked if you still referred to it as Lucky Goldstar? My point was that LG used to stand for 'Lucky Goldstar'. Now, it is the actual name. QANTAS used to stand for 'Queensland and Northern Territory Aerial Services'. Now, it is the actual name. In the same vein, Mt. Gox used to stand for 'Magic the Gathering Online Exchange'. Now, it is the actual name. Further to that, you referred to the site as 'the magic the gathering online exchange'. This is obviously not true anymore: it literally cannot be used to exchange MtG cards anymore. You cannot deny that they pivoted from exchanging MtG cards to exchanging Bitcoins, and calling it something that it obviously is not anymore is wrong. Finally, when you said that "when you try to withdraw funds you are prevented from doing so and put on a waiting list" that is not correct. You are not prevented from doing so. Your request is processed and queued... just because that queue takes way too long for a lot of people doesn't mean it was prevented. Just like when I transfer money from one account to another and it is queued and processed over night doesn't mean it was prevented. Thankfully, however, that overnight queue is processed a lot faster than a transfer from Mt. Gox. But again, there was nothing stopping me from initiating it. Also, just to add to what I said in my original reply, there are no doubt a lot of people in the world that are not having delayed processing at all... they just don't happen to live in the USA. Don't get me wrong: I definitely think that there are issues with Mt. Gox in particular that are worrying. However, I would point to those things instead of mentioning things that actually aren't true. And when I point to them, I would point to them as problems with an exchange itself, as opposed to using those points to say "None of these are good reasons to buy Bitcoin". |