Mtgox was not for everyday use, it was a trading platform for speculators who wa... | Hacker News

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		theepauk on May 21, 2014 \| parent \| context \| favorite \| on: Mt. Gox: Announcement of Commencement of Bankruptc... Mtgox was not for everyday use, it was a trading platform for speculators who wanted to trade currency <-> btc.

redthrowaway on May 21, 2014 [–]

Or for people who wanted to buy bitcoin as a way to get into it. New users aren't likely to go out and build an asic farm; they buy some coins then figure out what to do with them -- while they linger in their gox/coinbase/etc accounts.

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