Buy and Sell Mt Gox USD - page 20. | Bitcointalksearch.org

jgarzik

legendary

Activity: 1596

Merit: 1100

Quote from: jorgen on October 25, 2010, 11:40:26 AM

Quote from: jgarzik on October 25, 2010, 11:01:12 AM

To help out mtgox, and hopefully move mtgox closer to permitting withdrawals, I am offering to buy some MTGOX-USD using PayPal funds.

Terms:

1:1 conversion rate
transaction must exceed 100 MTGOX-USD
you pay paypal fees, if any
you must have a good reputation on IRC or this forum

Contact me via forum PM or IRC PM, if interested.

Excellent! I want to be your client. But I'm not sure I have enough reputation.
If you traded on bitcoinmarket you can know my LR acc. Also you can ask info
about my trade history from MtGox.
BTW what is the maximum amount for withdrawal.

Maximum amount $1000. Send me a PM.

jorgen

vip

Activity: 113

Merit: 12

Quote from: jgarzik on October 25, 2010, 11:01:12 AM

To help out mtgox, and hopefully move mtgox closer to permitting withdrawals, I am offering to buy some MTGOX-USD using PayPal funds.

Terms:

1:1 conversion rate
transaction must exceed 100 MTGOX-USD
you pay paypal fees, if any
you must have a good reputation on IRC or this forum

Contact me via forum PM or IRC PM, if interested.

Excellent! I want to be your client. But I'm not sure I have enough reputation.
If you traded on bitcoinmarket you can know my LR acc. Also you can ask info
about my trade history from MtGox.
BTW what is the maximum amount for withdrawal.

jorgen

vip

Activity: 113

Merit: 12

I agree to Drifter, it is not normal, but this is TEMPORARY MEASURE for those who can't wait and do not want to convert all accumulated Gox$$ back to bitcoins then withdraw BTC and sell them on another markets to receive theirs real $$. Calculate for yourself and you will end up in even more unfair rate.

jgarzik

legendary

Activity: 1596

Merit: 1100

To help out mtgox, and hopefully move mtgox closer to permitting withdrawals, I am offering to buy some MTGOX-USD using PayPal funds.

Terms:

1:1 conversion rate
transaction must exceed $100 MTGOX-USD (I don't want to deal with 100 people asking me for $10 each)
you pay paypal fees, if any
you must have a good reputation on IRC or this forum

Contact me via forum PM or IRC PM, if interested.

Update: This offer is now closed.

TTBit

legendary

Activity: 1137

Merit: 1001

I think it is fine. Let the market decided what MtGox USD are worth. If you don't like it, offer 100% of your money for MtGox USD.

S3052

legendary

Activity: 2100

Merit: 1000

Quote from: Drifter on October 25, 2010, 10:08:19 AM

This is going to make it very tedious, confusing, expensive and unnecessary. Say the price on Mt gox is .1, and I sell 10,000 coins. That's 1,000 USD on Gox. In order to cash out I'd be losing around 25%, not including withdrawal fees from liberty reserve itself if I decide to withdraw a route like that.

You guys are essentially creating your own withdrawal fee for Mt. Gox. This will increase prices on Gox and make the "USD" exchange rate incorrect in correlation to the real dollar. People will need to increase the price of coins specifically on Mt. Gox in order to offset the 25% loss if people buy Gox dollars for .75/1.

I appreciate Mt. Gox for this service, as it COULD help, but if people sell for 75 cents on the dollar, it's worthless. Mt. Gox should be equal to the dollar with MAYBE up to a 5% fee for an exchange rate. Any more and you're better off using an entirely different market. Mt Gox dollars shouldn't be worth less than the USD or now we're using a new digital currency alongside Bitcoin.

Agree 100%.

Anything different would jeopardize the trust in the entire system.

MtGox USD must be staying USD (with the expection of transaction fees as indicated above. but I'd even challenge the 5%, it needs to be lower)

Drifter

sr. member

Activity: 364

Merit: 252

This is going to make it very tedious, confusing, expensive and unnecessary. Say the price on Mt gox is .1, and I sell 10,000 coins. That's 1,000 USD on Gox. In order to cash out I'd be losing around 25%, not including withdrawal fees from liberty reserve itself if I decide to withdraw a route like that.

You guys are essentially creating your own withdrawal fee for Mt. Gox. This will increase prices on Gox and make the "USD" exchange rate incorrect in correlation to the real dollar. People will need to increase the price of coins specifically on Mt. Gox in order to offset the 25% loss if people buy Gox dollars for .75/1.

I appreciate Mt. Gox for this service, as it COULD help, but if people sell for 75 cents on the dollar, it's worthless. Mt. Gox should be equal to the dollar with MAYBE up to a 5% fee for an exchange rate. Any more and you're better off using an entirely different market. Mt Gox dollars shouldn't be worth less than the USD or now we're using a new digital currency alongside Bitcoin.

jorgen

vip

Activity: 113

Merit: 12

We need volunteers who will buy MtGox USD for any non-chargebackable e-cash.
They have to provide their email and/or username in MtGox and bitcoin forum nik.
Also it would be good to see exchange rate for any pairs in direction Gox$ -> Liqpay, LR, WM, etc...

I can start from myself:
MtGox user: jorgen
e-mail: [email protected]
Rate: 1Gox$ -> 0.8 Liqpay, 0.75 LR

Added: if you for some reason do not want to use liqpay to add money to your balance I can do this for you
my rate for this: 1 Liqpay$ = 1 Liberty Reserve$ Grin

My LR is U1727661 (btccollector)
My Liqpay is +4542488881
BTC addr: 13fZzb9M5MKEtBQTsH5EdwuzXXrBM8VYsV

feel free to PM or email to me and we negotiate terms and amounts.

mtgox

full member

Activity: 185

Merit: 102

You can now send and receive BTC and USD from other Mt Gox users. This means that people wanting to get USD into Mt Gox just need to find people that want to get USD out of Mt Gox and then trade USD by whatever method they can agree on (Paypal, LR, AlertPAy, Cash etc)

I'm hoping a few people will try to do this formally the way LR has exchangers. There is a merchant API so it should be easy to automate if you want. Please email me if you are interested and need help getting set up.

Anyway use this thread to list offers to buy or sell mtgox USD.

Topic: Buy and Sell Mt Gox USD - page 20. (Read 79974 times)