Author

Topic: MtGox - discount bailout for management (Read 1061 times)

hero member
Activity: 658
Merit: 500
February 14, 2014, 04:16:56 AM
#3
Well, its already discussed here : https://bitcointalksearch.org/topic/dont-fall-for-marks-strategy-read-b4-making-any-trade-decision-464465

and yes.... its pretty obvious now isnt it? question is.... would you be able to control your greed enough not to be a pig?
newbie
Activity: 59
Merit: 0
February 14, 2014, 04:16:12 AM
#2
Anyone here thinking about what a great arbitrage opportunity the mtgox discount is creating for the management?

Even if they are insolvent due to scammers defrauding them via the "malleability" issue, clearly they could make a killing right now by buying at $300-$400 from their clients panic-selling, then sell the BTC on another exchange at $550-650.

They control the payments. The bailout is taking place right now.

Thoughts?



If you think they will be doing arbitrage to once again become solvent I suggest you buy some coins for when they open the fund gates
newbie
Activity: 9
Merit: 0
February 14, 2014, 04:14:31 AM
#1
Anyone here thinking about what a great arbitrage opportunity the mtgox discount is creating for the management?

Even if they are insolvent due to scammers defrauding them via the "malleability" issue, clearly they could make a killing right now by buying at $300-$400 from their clients panic-selling, then sell the BTC on another exchange at $550-650.

They control the payments. The bailout is taking place right now.

Thoughts?

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