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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32566. (Read 26608844 times)

legendary
Activity: 966
Merit: 1000
Charts are not loading bro
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
I buy and sell on Gox because that's where the big price moves happen.

Me too. All my dollars went in through Virtex and when the day comes that I'm forced to make a cash withdrawal, it will probably be through Virtex or Satoshi Square (or Local Bitcoins).

I've always kept a few dozen coins or less in my anonymous USD MtGox account for trading because the price there has traditionally been more volatile.
hero member
Activity: 824
Merit: 712
I really don't get all this talk about withdrawing dollars from Gox.  I know my money has been in Gox for a long time and I have no intention of withdrawing it.  I invested in Bitcoin with that money and that is where it will stay.  I could move to Bitstamp but the green homepage is almost unbearable to look at and there is almost no action over there.  I buy and sell on Gox because that's where the big price moves happen.  I go back and forth between Dollars and BTC but why would I withdraw?  I am guessing the whales are in the same situation. Its all about acquiring more Bitcoin and Gox is where the action is.
legendary
Activity: 1232
Merit: 1011

those dollars on mtgox aren't actual dollars.


but... they are...  their just not allowed to move out very fast



no moving around = no dollars

sorry, but fiat is just like that - easy to move
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
the fiat withdrawals are not working on mtgox.  

those dollars on mtgox arent actual dollars.

do your homework and draw your own conclusions.

Many people ARE withdrawing fiat from MtGox, including (presumably) larger manually processed withdrawals. Only smaller dollar and euro withdrawals seem to be effected.

Dollars on MtGox are as real as any other dollars not backed by gold.

Perhaps everyone should do their homework.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

your saying mtgox accounts are empty? and they psised away everyones money?

not according to roger  Tongue

I couldnt care less for their "banking issues" so I will repeat the important part> the withdrawals are not working on mtgox.  

those dollars on mtgox aren't actual dollars.

but... they are...  their just not allowed to move out very fast for various reasons ATM

a butt load of people sold during the bubble ( 10,000% profit what did you expect ) and so the withdrawal que is retardedly long.
banks are closing accounts and refusing to do biz with mtgox ( this appears to at least be half solved )
DHS wants to examine every single dollar coming to US

I expect that even when this is fully sorted out it will still take 2 months to get money out of gox to US, just because of the lengthy review process they are setting in place to stop ML and shit.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1232
Merit: 1011

your saying mtgox accounts are empty? and they psised away everyones money?

not according to roger  Tongue

I couldnt care less for their "banking issues" so I will repeat the important part>



the fiat withdrawals are not working on mtgox.  

those dollars on mtgox arent actual dollars.



do your homework and draw your own conclusions.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.

they have banking issues and are trying to sort out the drug money thing with the FED, not a liquidity problem.


yes, sometimes I also have "banking issues", but I dont blame others for the fact that my bank account is empty.

MtGox's bank account is empty? Bankruptcy is impending? ROFLMAO

Even at the lowest fee rates, these whale buys are putting a lot of money in Gox's deep pockets. Remember that they are getting two fees on each trade, one from the buyer and one from the seller. I'm not sure how much of the 5% manual fiat transfer fee goes to MtGox and how much goes to their bank but MtGox isn't going broke.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
they have banking issues and are trying to sort out the drug money thing with the FED, not a liquidity problem.

Bingo.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

they have banking issues and are trying to sort out the drug money thing with the FED, not a liquidity problem.


yes, I also have banking issues, but I dont blame others for the fact that my bank account is empty.

your saying mtgox accounts are empty? and they psised away everyones money?

not according to roger  Tongue
legendary
Activity: 1232
Merit: 1011

they have banking issues and are trying to sort out the drug money thing with the FED, not a liquidity problem.


yes, sometimes I also have "banking issues", but I dont blame others for the fact that my bank account is empty.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I'm sure they'll manually process any any whale-sized fiat withdrawal for their 5% fee. Money talks.

why 5 %? how about 85 % fee for their (mtgox) fiat paid in bitcoins once mtgox goes bankrupt?

money talks.



And bullshit walks Wink


exactly.

saying that they will process fiat withdrawal for some fee is bs.

for me it doesnt matter if the fee is 5 % or 85 % on fiat withdrawals. its pretty obvious that they are having some liquidity problem.

so, the only question is what fiat fee is someone willing to risk on mtgox.

they have banking issues and are trying to sort out the drug money thing with the FED, not a liquidity problem.

legendary
Activity: 1232
Merit: 1011
I'm sure they'll manually process any any whale-sized fiat withdrawal for their 5% fee. Money talks.

why 5 %? how about 85 % fee for their (mtgox) fiat paid in bitcoins once mtgox goes bankrupt?

money talks.



And bullshit walks Wink


exactly.

saying that they will process fiat withdrawal for some fee is bs.

for me it doesnt matter if the fee is 5 % or 85 % on fiat withdrawals. its pretty obvious that they are having some liquidity problem.

so, the only question is what fiat fee is someone willing to risk on mtgox.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
I'm sure they'll manually process any any whale-sized fiat withdrawal for their 5% fee. Money talks.

why 5 %? how about 85 % fee for their (mtgox) fiat paid in bitcoins once mtgox goes bankrupt?

money talks.


MtGox make more than enough commission from every trade from both parties that there's no reason for them to go bankrupt, despite their recent problems.  They should have a mountain of cash by now
legendary
Activity: 2324
Merit: 1125
I'm sure they'll manually process any any whale-sized fiat withdrawal for their 5% fee. Money talks.

why 5 %? how about 85 % fee for their (mtgox) fiat paid in bitcoins once mtgox goes bankrupt?

money talks.



And bullshit walks Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1232
Merit: 1011
I'm sure they'll manually process any any whale-sized fiat withdrawal for their 5% fee. Money talks.

why 5 %? how about 85 % fee for their (mtgox) fiat paid in bitcoins once mtgox goes bankrupt?

money talks.

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