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Topic: If you have USD in Gox, you're lucky (Read 5251 times)

hero member
Activity: 630
Merit: 500
February 23, 2014, 08:48:14 PM
#65
Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Nobody will use gox even if they recover. The trust has been lost forever.

I doubt that is true.

They'll continue to hook new people, who haven't even discovered bitcoin yet.

legendary
Activity: 2576
Merit: 1087
February 21, 2014, 10:25:28 AM
#64
Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Nobody will use gox even if they recover. The trust has been lost forever.

Trust vs Discount.

Round 1 fight.
sr. member
Activity: 294
Merit: 250
February 21, 2014, 10:15:24 AM
#63
Yep what else can we do. Aside from fly to Japan and physically shake the coins out of mark lol would be fun but no I'm just joking.
No point crying in our cornflakes about an outcome that has not yet happened.
sr. member
Activity: 266
Merit: 250
February 21, 2014, 10:08:53 AM
#62
Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week
Agreed i start thinking positive on this matter.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 21, 2014, 10:07:43 AM
#61
Personally i don't buy the whole "GOX WILL DIE" scenario, i'll tell you what, Gox will NOT die. Yes they are incompetent and have hurt the bitcoin community and themselves but one thing that's clear is they made ALOT of money and they are survivors.

Today there was a video released of Mark Karpeles, he was walking outside the office holding a frapaccino and an umbrella, without a care in the world not giving a shit. The guy is a fucking survivor like it or not and Gox will be back.

If you have Fiat in GOX, i would buy the shit out of bitcoin and make 50%-100% instantly once withdrawals resume. The withdrawals will RESUME for sure it's just a matter of time. So far news in reddit hint for the withdrawals to resume within this week

Nobody will use gox even if they recover. The trust has been lost forever.
sr. member
Activity: 294
Merit: 250
February 21, 2014, 10:06:14 AM
#60
@cypherdoc

I think you misunderstand my position. I was already locked into gox (bitcoinwise) and by that I mean they already had my money before the bitcoin withdraw lock down. When I said I was all in that was only half true. The other 50% its still dripping into my fiat bank account every 20 days or so becuase I had already asked for Sepa withdraws.

So yes I can get my money out in fiat ( received 5 Sepa deposits from Poland over the last 4 months so far) but I don't want just euros I want bitcoins to spend  and some to Hodl.

I know Gox is sucking ass at just about everything for just about everyone but for me well its not been so bad. I don't see why they would keep giving me my money every 20 days if they had no money to give.


Time will tell and basically we both know bugger all so lets watch this all unfold shall we.
legendary
Activity: 1764
Merit: 1002
February 21, 2014, 09:23:00 AM
#59
I'm surprised that the value of Gox's imaginary bitcoins are still holding up this well.

If I had funds in Gox right now, I'd rather have it in imaginary fiat than imaginary coins, because at least the imaginary fiat is more likely to physically exist somewhere.

No, they're both digital.
member
Activity: 110
Merit: 10
February 21, 2014, 09:10:19 AM
#58
I'm surprised that the value of Gox's imaginary bitcoins are still holding up this well.

If I had funds in Gox right now, I'd rather have it in imaginary fiat than imaginary coins, because at least the imaginary fiat is more likely to physically exist somewhere.
hero member
Activity: 630
Merit: 500
February 21, 2014, 09:00:30 AM
#57
I basically got my money out months ago, but I decided to log in to Mt Gox today just to double check, and found I had $1 USD in there.

So I put an order in for a bitcent at the $95 level Smiley
legendary
Activity: 1764
Merit: 1002
February 21, 2014, 08:30:10 AM
#56
Go spend your money on satoshi dice instead.

No sensible human being would gamble their money on mtgox right now.

Even your investment on bitcoin should be money you can afford to lose.

Lol all that's left to do is gamble on Mtgox right now. Why because I cant be out of Gox if I wanted to. That is unless you lend me your crystal ball and or time machine.

Hats off to the balls of any actually going into gox with fiat right now hunting those cheap coins. Nice to not be alone and all but dam its a gamble I hope it pays off.

The whole strategy of moving into dollars on gox has been concocted by lawyers. Do you honestly think you'll recover those dollars in a class action international lawsuit that will take years with anything left over after paying off those leaches? No offense but those guys often advise what's best for them to keep the business coming.

Hell no, you'd be way better off taking a flyer and buying the 90% discounted coins and cheering for gox to survive.

sr. member
Activity: 294
Merit: 250
February 21, 2014, 08:21:14 AM
#55
Go spend your money on satoshi dice instead.

No sensible human being would gamble their money on mtgox right now.

Even your investment on bitcoin should be money you can afford to lose.

Lol all that's left to do is gamble on Mtgox right now. Why because I cant be out of Gox if I wanted to. That is unless you lend me your crystal ball and or time machine.

Hats off to the balls of any actually going into gox with fiat right now hunting those cheap coins. Nice to not be alone and all but dam its a gamble I hope it pays off.
hero member
Activity: 605
Merit: 500
February 21, 2014, 08:06:29 AM
#54
Go spend your money on satoshi dice instead.

No sensible human being would gamble their money on mtgox right now.

Even your investment on bitcoin should be money you can afford to lose.
legendary
Activity: 1764
Merit: 1002
February 21, 2014, 07:49:45 AM
#53
Yes, you are lucky.

You will never see prices like this ever in your lifetime again. If they don't close up shop, you are going to see an explosion.

Only now are many of us getting our ammunition into gox.
sr. member
Activity: 294
Merit: 250
February 21, 2014, 07:27:18 AM
#52


Well I'm all in. Loaded up slowly on coins as it fell from $400-$100. If Gox is dead what does it matter but if an ember of life still flickers then.




Its a gamble it's always a gamble. So yea yea I'm stupid for using Gox etc etc yawn heard it all 1000 times already.

PS. was going to photoshop Mark in place of the girl but then didn't because I had more important things to do like Dota2 or something.
legendary
Activity: 1918
Merit: 1018
February 21, 2014, 06:34:08 AM
#51
Need to buy bitcoins from Gox not yet verified.. so can i buy from someone else in the forum at the same price +10% ?

I doubt you can buy that low, you can buy goxbtc at a 60% discount here bitcoinbuilder.com

Or post a message here https://bitcointalk.org/index.php?topic=457723.40;topicseen or here https://bitcointalk.org/index.php?topic=455243.720;topicseen (bigger thread)
hero member
Activity: 606
Merit: 500
February 20, 2014, 08:15:54 PM
#50
I hopes MTGOX gone out quickly so it wont disturb the price

And may be they are buying lots of bitcoin at the low price
legendary
Activity: 1946
Merit: 1012
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February 20, 2014, 03:49:25 PM
#49
sr. member
Activity: 616
Merit: 250
February 20, 2014, 03:38:05 PM
#48
Need to buy bitcoins from Gox not yet verified.. so can i buy from someone else in the forum at the same price +10% ?
legendary
Activity: 1918
Merit: 1018
February 20, 2014, 02:56:09 PM
#47
whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.

maybe not that much today
sr. member
Activity: 308
Merit: 251
Giga
February 20, 2014, 02:15:17 PM
#46
Finally a positive mtgox thread.

The unwarranted hate speech is only necessary AFTER incidences are confirmed.


When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.

+1

i think it will be one of the most amazing events ever witnessed in Bitcoin history, with a lot of people who took massive risk getting rich quick.
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