I think the poster is hinting that having the largest trading platform for a (formerly) $1bn economy based on an RPG trading card site is not wise.
The events on mtgox in the last few days are irritating but not all that surprising. Bitcoin as a protocol is still solid but traders need to take their business to a less amateurishly run platform. Mtgox already has several competitors (Bitstamp seem good) but a shock like this was required to overcome the critical mass they had.
As an aside - it's fascinating to watch a new financial system being built from the ground up. Through the regular disasters in the Bitcoin ecosystem I'm starting to see why parts of the 'real' banking world function the way they do.
Trading platforms evolve depending on the needs of the marketplace. It is not like there are plenty of existing trading platforms that stand in line to trade bitcoins. It is not as if there hasn't been similar issues with other trading platforms. Remember the Facebook IPO issues, for example..
If anything, MtGox should be congratulated for executing a wildly successful pivot.
How do people know that other platforms are being run less amateurishly? For all that I know, it could be just that the other exchanges didn't have so much traffic // weren't ddosed yet.
I'm suddenly curious about the total market value of all Magic cards in existence. Probably not a billion dollars, but tens or hundreds of millions seems very possible.
The events on mtgox in the last few days are irritating but not all that surprising. Bitcoin as a protocol is still solid but traders need to take their business to a less amateurishly run platform. Mtgox already has several competitors (Bitstamp seem good) but a shock like this was required to overcome the critical mass they had.
As an aside - it's fascinating to watch a new financial system being built from the ground up. Through the regular disasters in the Bitcoin ecosystem I'm starting to see why parts of the 'real' banking world function the way they do.