MTGOX $100 -$150 less than BTC-e if you are new or not "in the know"

boumalo

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Quote from: njcarlos on February 13, 2014, 03:44:28 PM

I'll be buying a few Goxcoins when it hits $450 at additional 50-60% discount. Nothing wagered nothing gained. Cheesy

I hope you didn't, trading at 111$ atm, doesn't look too good

The goxBTC is going up at the same time here https://bitcoinbuilder.com/ that doesn't seem to make much sense

We don't have much informations, or let me rephrase I don't so I don't know if mtgox is sound or if it will even re-open

fallinglantern

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What's funny is this thread originally read like a troll. Then Mark decided to leave town with his dessert-like coffee in tow.

dbasql

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Ethics and Science need to shake hands

$130 man I hope this helped someone this is becoming comical at this point Grin

dbasql

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Ethics and Science need to shake hands

pulverized the the 3's are we going to see 2?

Stamp low $549
Gox low $302

Shocked

dbasql

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Ethics and Science need to shake hands

Quote from: Impaler on February 13, 2014, 10:42:15 PM

Spread looks to be growing both as a percentage AND nominally, at the time of this post Gox $401 to Stamp $580 a gap of $180 and a full 30% lower.

Agree this may be the strangest one yet!

Impaler

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Spread looks to be growing both as a percentage AND nominally, at the time of this post Gox $401 to Stamp $580 a gap of $180 and a full 30% lower.

derpinheimer

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Quote from: dbasql on February 13, 2014, 10:31:00 PM

Are we going to see 3 now holy shit Roll Eyes

Just 1100 coins between us and $300

dbasql

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Ethics and Science need to shake hands

Are we going to see 3 now holy shit Roll Eyes

njcarlos

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I'll be buying a few Goxcoins when it hits $450 at additional 50-60% discount. Nothing wagered nothing gained. Cheesy

dbasql

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Ethics and Science need to shake hands

In to the $400s we go, this is going to be interesting to say the least!
Anyone taking the stance to buy cheap from Gox has bigger balls than me. From my perspective it clearly shows they are in a real bind.

JimboToronto

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You're never too old to think young.

Quote from: bitcoinlitcoinbtcltc on February 13, 2014, 04:14:02 AM

good ol' days of $30 bitcoin

If you really want the good ol' days, why not go for $0.01 bitcoin.

Think of the pizza you could buy with all those cheap coins.

Hfertig

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There is apart of FUD no reason to believe that Gox is bust. BTC withdrawals are halted at all major exchanges. But why is the spread still widening ? Maybe someone knows more, maybe not.

Let´s put some points together.

Certainly MtGox holds a very unique old time customer base out of the old ages when there were no alternatives. (lots of coins ?!)
New customers are rather depositing to alternatives. (lots of fresh cash)
This means that fresh money is flowing into the new exchanges while old time coins are sitting on gox. (Spread widening)
No arbitrage between exchanges possible due to withdrawal problem

This would explain the difference, but there are risks to lock in a profit

I got the feeling that the drop on Gox could accelerate as it currently is a small little micro cosmos. The more the price drops the more other people panic and dump.
This kind of panic could jump to other exchanges and lead to a further crash.... without ever being able to lock in the profits from the so cheap Goxbux bought at 500 once the withdrawals are fixed...

What am I missing ? I just don´t get it... why are people dumping GoxBTC in favour of GuxUSD ? Am I stupid or is it them ?

njcarlos

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Quote from: Mythul on February 13, 2014, 07:18:29 AM

Gox coins are really cheap because they...don't exist ? Somebody knows something otherwise the price wouldn't plummet so badly. Not even friends and big players can't withdraw from MtGox at the moment.

If they were worthless, why would they be trading at anything more than $0 USD?

tontsa74

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hi, i am new here and with cryptocoins too.
...so this is some virtual money ghost train? Wink

MatTheCat

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Quote from: Carra23 on February 13, 2014, 04:38:18 AM

What is the use of trading in gox. You can neither withdraw GoxBux or GoxBit.

Did they not just reenable withdrawals of GoxBux?

Perhaps this is part of their play to make good on their insolvency. Force people to sell off Bitcoins on the cheap in order to try and get some Goxbux back into USD at a price that makes up for their shortfall, which they can then convert to USD at some 30% premium thus plugging their insolvency gap.

Mythul

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Gox coins are really cheap because they...don't exist ? Somebody knows something otherwise the price wouldn't plummet so badly. Not even friends and big players can't withdraw from MtGox at the moment.

thelema93

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Exactly - Gox coins going very cheap right now. Buy em while you still can

njcarlos

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Quote from: traderCJ on February 13, 2014, 04:40:45 AM

If this is all FUD and Goxdrawals are re-enabled, you can pick yourself up some very discounted coins.

It's just a matter of time, consider it a long term CD. Cheesy

GigaCoin

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Giga

Quote from: bitcoinlitcoinbtcltc on February 13, 2014, 04:14:02 AM

if mtgox goes below 500, all hope will be gone

back to the good ol' days of $30 bitcoin

No

traderCJ

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Quote from: Carra23 on February 13, 2014, 04:38:18 AM

What is the use of trading in gox. You can neither withdraw GoxBux or GoxBit.

Simple. If this is all FUD and Goxdrawals are re-enabled, you can pick yourself up some very discounted coins.

Topic: MTGOX $100 -$150 less than BTC-e if you are new or not "in the know" (Read 4005 times)