BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?
gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...
gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...
That's a damn good question. haha
There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.
I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?
I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...
I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.
Edit: My God the Mtgox fee really sucks compared to Bitstamp.
ummm, it's 2 to 3 months and losing 30% buy transferring your coins to another exchange or losing 30% buy having your money stuck in depreciating fiat instead of BTC is the same loss. That's assuming you EVER get the funds, something I'm starting to doubt. 30% is actually a low side loss when you consider that on average bitcoin appreciate >1000%/year.
When I was just starting BTC, I was all or nothing. But now I rarely go 100% into BTC. Admittedly I made a few mistakes by not. But this way I can sleep at night. Also I know this is psychological, but I still like being on the exchange with the highest USD so when we do hit the Mtgox ATH I can see it and be part of it! Rather then "Congrats to those guys on Mtgox, they hit the ATH."
Yeah, like mental illnesses are psychological. Bragging rights more important than actually getting your money? Hell, I've hit the ATH on Trade Hill, Bitoption, Bitmarket.eu and...what? they don't exist anymore? WooHOO! I had the most BTC there when they disappeared! Yeah for me!!!!!!! I win, right?
