Quote:
Originally Posted by FS1992EG
This day February 25, 2014. Worst day in Bitcoin's history. I am sad for all the Gox customers who had lose their coins and funds.
This actually strengthen my belief that a NEW "The Bitcoin Foundation" should be elected and then should regulate all Bitcoin exchanges to prevent such "idiocy" from happening.
This is way too many coins too ignore.
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What will come of this is NOT regulation. That is NOT what needs to be done.
What will come of this is customers demanding a lot more transparency from exchanges. We are still at pretty much day 1 with Bitcoin, maybe day 2. The good, reputable companies will rise to the top, and the shit ones will die and be forgotten. Unfortunately this one took a lot of people out with them, but again, the warnings were there. I do feel bad for those who lost their money, but come on