I will give 60% on the dollar up to 100 BTC. For every 1 Gox BTC and I will give you .6 non-Gox BTC.
Willing to use escrow.
Sure.
To be honest, I don't understand your wager... is that what it is.
Do you want to buy the small number of coins I have on Gox for some sort of premium, is that?
Perhaps read my post again. I think they will fix the BTC withdrawal but in the long term they are finished...they've lost all credibility.
Since you seem to be a bit of Gox fanboy, honeybadger, do you trade on there? Have you had any issues there?
I have an account there. I have never traded there as I think its a poorly run business and I am not really a day trader who thrives on volatility. I am a long term investor who trades from time to time when I have extra time and the timing is perfect.
However, I don't run around like a chicken with my head cut off creating FUD like some (i.e. seriouscoin) just to try and take advantage of others. So if someone genuinely wants full insurance on their coins, I will give it to them for a 40% premium.
I will take all the risk of GOX insolvency.
While I agree that yesterday's shenanigans were mostly market manipulation under cover of minor news items (Apple, Russia etc) you can't dismiss people who moan about Gox as FUDspreaders. As you say yourself its a badly run business, I myself have had numerous issues with them while the guy on the Reddit thread travelled to Japan to confront them. That's 4000 miles - he didn't do that for shits and giggles - you're in the US, you know the comparable distances.
So, something is wrong in the state of Gox. And given this is the largest, most popular BTC forum it is obvious people will come with their gripes here, esp onto one of the most popular threads. So, accusing people of FUD is just more mud-slinging really....same shit, different direction.
Well, look. The stakes have been raised. With the price of BTC soaring to over a $1000, people have a huge vested interest in trying to manipulate sentiment. Never before was FUD as prevalent on this forum as it is now.
A new breed of sleazy, scummy, greedy, callous, and overall emotionally immature people have come into the game to try to get an edge.
And its a unique time in Bitcoin, as Bitcoin is still so small that it can be manipulated, especially with low trading volumes and high margin trading.
As a rule, professional traders have not entered the bitcoin space. In a few years, probably sooner, these forum tactics will carry no weight.
Unfortunately the unpleasant side effect of these FUD spreaders is that real intelligent conversation and debate is relegated to the sidelines of this forum.
Most of the people able to have this type of dialogue have left already.
I don't as much care if Bitcoin goes up or down in the next few weeks or months. I care more about where it is in 5 years. Sure, if Bitcoin went to 10k next month, that would be awesome, not just for what it would do to my wallet, but more than that, it would be at a market cap where it could be a more useful utility for international merchant trade and other high volume transactions. But, that's not going to happen. Not for a while of course.
The desperation of FUD spreaders is sad imo. To do that professionally as some here do, you really have to have a mindset of trying to manipulate and take advantage of people. And its all short term thinking. This type of behavior is not something that creates long term wealth. And the personalities that tend to behave this way are also the ones that tend to not care about their long term finances anyway. Make today, spend tomorrow.
