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General Discussion / Re: I think we do the right thing ,though the price drop so much !
« on: March 23, 2015, 12:38:02 pm »
Why do you care about the price when you have bitUSD/bitGOLD ?
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Sorry, maybe it's not a good time to say too much right now.
Unfortunately, I'm pretty sure you've already said too much. Vague/panic-inducing statements are a lot worse than straight-up facts.
for now, just exclude the exchange is not enough, because the price will spread to other exchange.
BTC38 is the most big exchange.
IMHO the correct reaction would be to withdraw all BTS from btc38 and trade on yunbi instead ..
Its all in the hand of the individuals .. I am not sure if tempering with price feeds is the correct reaction .. if an exchanges chooses to manipulate its market so be it .. let them damage THEIR reputation ..
If we start tempering with feeds at will we risk OUR reputation!!
Unfortunately the people who daytrade on the centralized exchange will be screwed which is why we don't need to be using the centralized exchanges for that.
Delegates should react and ignore malicious exchange's feeds.
Are you implying delegate to ignore BTC38's feeds?
As you are using asymmetric crypto, what techniques do you use to distribute public keys?
Yes, We are using Asymmetric Cryptosystems (4096 bytes key) with SSL and TLS