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Topic: 200 (Read 1934 times)

full member
Activity: 128
Merit: 100
Fortune favors the bold, and sometimes the bald.
200
October 22, 2013, 02:56:29 PM
#24
While it is true that it is difficult to remove fiat from some exchanges, this does not mean that people are not willing to pony up fiat for bitcoin purchases. A bitcoin purchased from MT Gox for $200 still cost someone $200.

Anyway, my comment is: $200 is the new $100.

If $200 is the new $100 then $300 is the new $200 and I am ready for some tri-bit love!
legendary
Activity: 1652
Merit: 1015
October 22, 2013, 01:21:19 PM
#23
While it is true that it is difficult to remove fiat from some exchanges, this does not mean that people are not willing to pony up fiat for bitcoin purchases. A bitcoin purchased from MT Gox for $200 still cost someone $200.

Anyway, my comment is: $200 is the new $100.

Fair enough. Hopefully will $200 will give good price support.
hero member
Activity: 504
Merit: 502
October 22, 2013, 01:13:39 PM
#22
While it is true that it is difficult to remove fiat from some exchanges, this does not mean that people are not willing to pony up fiat for bitcoin purchases. A bitcoin purchased from MT Gox for $200 still cost someone $200.

Anyway, my comment is: $200 is the new $100.
mrb
legendary
Activity: 1512
Merit: 1027
October 22, 2013, 01:09:33 PM
#21
MtGox doesn't really count because it's inflated.

Coinbase (I believe they are the second biggest Bitcoin exchange in the US - although they publish no volume data) just reached an ask price of $202+: https://coinbase.com/charts
legendary
Activity: 1652
Merit: 1015
October 22, 2013, 11:26:38 AM
#20
Oh look, now MtGox having trouble with BTC withdraws as well now.

 https://bitcointalk.org/index.php?topic=316152.0;topicseen

Good luck with your trading on there. Think I'll avoid that tar baby.
legendary
Activity: 1904
Merit: 1002
October 22, 2013, 11:12:20 AM
#19
Can they get their flat out from that exchange?
MtGox doesn't really count because it's inflated.
What I mean is you cannot get flat out of MtGox, which means the price is irrelevant. It can goto $1000000 on there, but it won't matter because you won't be able to get it out. Best to just ignore MtGox.


Y'all are retarded.
(1) MtGox doesn't count cuz it's inflated - are you talking about how the spread has been ~10% between various exchanges for iunno, the last 6 months and longer if you consider different exchanges? Stop whining and get over it already. The amount of focus on this is astounding... Sure if it were $1000000 blah blah blah but IT'S FUCKING NOT, it's been roughly 10% higher than stamp for as long as most of your n00b memories go back. It's not 50% higher, it's not 200% higher, heck, it's not even LEADING the rally time-wise if you overlay the price charts! It's an artifact of reduced arb abilities and a few other factors.
(2) If you live in Japan, or if you are rich, you can easily get your fiat out of MtGox. There is a lot of wealth in Japan and there is a lot of wealth in the world. Anyone who says "You can't get fiat out of Gox" is flat out lying. Sure, it's harder than at the other exchanges, but it's not an impossibility, and stating it as such is misleading.
(3) CNY was over $200 equiv

Now, I hate Gox as much as the next guy. But we went over $200. Still, feel free to ruin the celebration with your mindless drivel! Party poopers.  Grin Grin Grin

Their attitude will influence their trades and the market will teach them.
sr. member
Activity: 448
Merit: 250
October 22, 2013, 10:51:33 AM
#18
Can they get their flat out from that exchange?
MtGox doesn't really count because it's inflated.
What I mean is you cannot get flat out of MtGox, which means the price is irrelevant. It can goto $1000000 on there, but it won't matter because you won't be able to get it out. Best to just ignore MtGox.


Y'all are retarded.
(1) MtGox doesn't count cuz it's inflated - are you talking about how the spread has been ~10% between various exchanges for iunno, the last 6 months and longer if you consider different exchanges? Stop whining and get over it already. The amount of focus on this is astounding... Sure if it were $1000000 blah blah blah but IT'S FUCKING NOT, it's been roughly 10% higher than stamp for as long as most of your n00b memories go back. It's not 50% higher, it's not 200% higher, heck, it's not even LEADING the rally time-wise if you overlay the price charts! It's an artifact of reduced arb abilities and a few other factors.
(2) If you live in Japan, or if you are rich, you can easily get your fiat out of MtGox. There is a lot of wealth in Japan and there is a lot of wealth in the world. Anyone who says "You can't get fiat out of Gox" is flat out lying. Sure, it's harder than at the other exchanges, but it's not an impossibility, and stating it as such is misleading.
(3) CNY was over $200 equiv

Now, I hate Gox as much as the next guy. But we went over $200. Still, feel free to ruin the celebration with your mindless drivel! Party poopers.  Grin Grin Grin
full member
Activity: 169
Merit: 100
October 22, 2013, 10:08:57 AM
#17
on what exchange. gox does not count. what i'm looking at is where at $189.00.

I prefer bitstamp. Close to $200, not quite there yet.

that's what i was quoting. i really like bitcoin average($187.21).
legendary
Activity: 1652
Merit: 1015
October 22, 2013, 10:06:38 AM
#16
on what exchange. gox does not count. what i'm looking at is where at $189.00.

I prefer bitstamp. Close to $200, not quite there yet.
legendary
Activity: 1512
Merit: 1005
October 22, 2013, 10:06:32 AM
#15
does BTCChina counts?
Because it went to 220$(1339CNY) there.

Can they get their flat out from that exchange?

It's real. Get over it.

Huh I think we got our wires a little crossed here.

What I mean is you cannot get flat out of MtGox, which means the price is irrelevant. It can goto $1000000 on there, but it won't matter because you won't be able to get it out. Best to just ignore MtGox.



Somebody can. The prices follow each other, with a relatively fixed spread.
full member
Activity: 169
Merit: 100
October 22, 2013, 10:00:53 AM
#14
on what exchange. gox does not count. what i'm looking at is where at $189.00.
legendary
Activity: 1652
Merit: 1015
October 22, 2013, 09:58:11 AM
#13
does BTCChina counts?
Because it went to 220$(1339CNY) there.

Can they get their flat out from that exchange?

It's real. Get over it.

Huh I think we got our wires a little crossed here.

What I mean is you cannot get flat out of MtGox, which means the price is irrelevant. It can goto $1000000 on there, but it won't matter because you won't be able to get it out. Best to just ignore MtGox.

hero member
Activity: 839
Merit: 608
October 22, 2013, 09:48:37 AM
#12
were back!

Is this going to last?

sweet. I hope we can stay here for a while Smiley

32 hours. That's how long we lasted above 200 last time.
hero member
Activity: 839
Merit: 608
October 22, 2013, 09:48:07 AM
#11
does BTCChina counts?
Because it went to 220$(1339CNY) there.

Can they get their flat out from that exchange?


Yeah, quite easily. They also have more volume than stamp or gox.
legendary
Activity: 1512
Merit: 1005
October 22, 2013, 09:47:21 AM
#10
does BTCChina counts?
Because it went to 220$(1339CNY) there.

Can they get their flat out from that exchange?

It's real. Get over it.
legendary
Activity: 1652
Merit: 1015
October 22, 2013, 09:34:15 AM
#9
does BTCChina counts?
Because it went to 220$(1339CNY) there.

Can they get their flat out from that exchange?
b!z
legendary
Activity: 1582
Merit: 1010
October 22, 2013, 07:15:00 AM
#8
I feel a bit richer right now.
sr. member
Activity: 255
Merit: 250
October 22, 2013, 06:49:29 AM
#7
MtGox doesn't really count because it's inflated.

It does count when the CNY price at the Chinese exchange is equivalent to more than 200USD.
full member
Activity: 227
Merit: 100
October 22, 2013, 06:48:37 AM
#6
does BTCChina counts?
Because it went to 220$(1339CNY) there.
legendary
Activity: 1652
Merit: 1015
October 22, 2013, 06:45:56 AM
#5
MtGox doesn't really count because it's inflated.
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