Topic: So what to stop MarKKarples from withdrawing btc from gox and arbing it? (Read 1037 times)
February 16, 2014, 08:51:21 PM
Expect more delays and empty promises to come from MTGOX. That is their business.
February 16, 2014, 08:47:45 PM
i agree this is likely happening. those dessert like coffee drinks don't pay for themselves.
February 16, 2014, 08:20:39 PM
Yep, Mark is stupid but not THAT stupid. Of course he's arb'ing the f*ck out of everything while he can. He may be slow at software-development but he's not slow at money making opportunity of life-time.
I have never agreed with MTC but this is start.
I have never agreed with MTC but this is start.
February 16, 2014, 08:17:52 PM
Nothing, he's probably doing that though not on big range yet as gap is too big.
If Gox lost coins due to malleability stuff, it's perfect thing for them to gain those coins again.
If Gox lost coins due to malleability stuff, it's perfect thing for them to gain those coins again.
February 16, 2014, 08:12:01 PM
That is a really stupid paranoid thought dude.. U are thinking like a fish.. He doesn't need to do that to earn money or whatever.. And even if mtgox lost btc he has thousand and weekly is earning Millions.. he can cover if he loses some btc.. which i think he didnt.. and going to sell "his" to bitstamp would be same than giving trading commisions to bitstamp.. This is by far the most stupid thought i've heard man.. And u should re-read the "arbitrage" concept.
just because some one has money does not stop them from wanting to make more
this would be mark only arbing while holding every ones else BTC and FIAT on his exchange essentially he is leveraging no only their coins, but the fact he has exclusive control over a lot of funds, and the markets attention.
him selling at a higher price and then buying more lower on his own exchange is the very definition of arbitrage.
February 16, 2014, 08:38:52 AM
And gullible idiot of the month award goes to.....
JEEEEZUSSSSSS Greendude! Are you really this dumb? Are there many more like you?
No wonder the world is in the mess it is in.
If Bitcoins were indeed stolen from Gox (probably from Karpeles himself), then Gox crashing it's own exchange rate, buying up real Bitcoins and claiming arbitrage on Bitstamp would be the only chance that Gox had of balancing it's books. It is a near certainty in my opinion that this is happening at least to some extent.
That is a really stupid paranoid thought dude.. U are thinking like a fish.. He doesn't need to do that to earn money or whatever.. And even if mtgox lost btc he has thousand and weekly is earning Millions.. he can cover if he loses some btc.. which i think he didnt.. and going to sell "his" to bitstamp would be same than giving trading commisions to bitstamp.. This is by far the most stupid thought i've heard man.. And u should re-read the "arbitrage" concept.
JEEEEZUSSSSSS Greendude! Are you really this dumb? Are there many more like you?
No wonder the world is in the mess it is in.
this has to be happening right?
essentially if there are btc left at gox, he can arby the f,,,,k out of it now.
thus bringing the market down agian.
also if btc there does go to $1 at gox do you just go and buy for the hell of it just in case
essentially if there are btc left at gox, he can arby the f,,,,k out of it now.
thus bringing the market down agian.
also if btc there does go to $1 at gox do you just go and buy for the hell of it just in case
If Bitcoins were indeed stolen from Gox (probably from Karpeles himself), then Gox crashing it's own exchange rate, buying up real Bitcoins and claiming arbitrage on Bitstamp would be the only chance that Gox had of balancing it's books. It is a near certainty in my opinion that this is happening at least to some extent.
February 16, 2014, 08:31:00 AM
That is a really stupid paranoid thought dude.. U are thinking like a fish.. He doesn't need to do that to earn money or whatever.. And even if mtgox lost btc he has thousand and weekly is earning Millions.. he can cover if he loses some btc.. which i think he didnt.. and going to sell "his" to bitstamp would be same than giving trading commisions to bitstamp.. This is by far the most stupid thought i've heard man.. And u should re-read the "arbitrage" concept.
February 16, 2014, 08:21:46 AM
Not if MK is the only one able to withdraw
February 16, 2014, 08:09:00 AM
That would be right.. but u miss something.. after withdrawals are allowed mtgox will go up to bitstamp levels really fast.. no time for arbitrage is gonna be left.. and those who try will lose money.. because u cant transfer money out and in inmediatly. It takes a few days... ^^
February 16, 2014, 08:00:59 AM
this has to be happening right?
essentially if there are btc left at gox, he can arby the f,,,,k out of it now.
thus bringing the market down agian.
also if btc there does go to $1 at gox do you just go and buy for the hell of it just in case
essentially if there are btc left at gox, he can arby the f,,,,k out of it now.
thus bringing the market down agian.
also if btc there does go to $1 at gox do you just go and buy for the hell of it just in case
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