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Topic: who uses MtGox CAD$ (Read 2152 times)

hero member
Activity: 563
Merit: 501
betwithbtc.com
December 19, 2011, 10:06:40 AM
#5
Liquidity, although Virtex is a lot better than it used to be.  It wasn't long ago that if you wanted to buy $1000 worth of Bitcoins, you'd end getting 50 or 60 for the going rate and the rest would be way over-priced.

wasn't that true for MtGox CAD$ too?

Virtex has always had more volume then mtgox CAD, so wouldn't them mean Liquidity has always been better on Virtex
i think MtGox's CAD is hurting the Canadian bitcoin market.


There is no separate market for each currency.  All they do is increase the spread on the US market by 2.5% and take it as a currency exchange fee.  You're actually buying/selling your Bitcoins on the US market.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
December 19, 2011, 02:26:17 AM
#4
why would anyone use mtGox CAD$!? Huh

please keep the CAD$ on the Canadian virtual exchange.

Bitcoin is the currency of the intelligent, right?

Canada has always ranked way way WAY higher in education than the US.    Cool
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
December 19, 2011, 02:07:55 AM
#3
Liquidity, although Virtex is a lot better than it used to be.  It wasn't long ago that if you wanted to buy $1000 worth of Bitcoins, you'd end getting 50 or 60 for the going rate and the rest would be way over-priced.

wasn't that true for MtGox CAD$ too?

Virtex has always had more volume then mtgox CAD, so wouldn't them mean Liquidity has always been better on Virtex
i think MtGox's CAD is hurting the Canadian bitcoin market.


hero member
Activity: 563
Merit: 501
betwithbtc.com
December 19, 2011, 02:00:18 AM
#2
Liquidity, although Virtex is a lot better than it used to be.  It wasn't long ago that if you wanted to buy $1000 worth of Bitcoins, you'd end getting 50 or 60 for the going rate and the rest would be way over-priced.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
December 19, 2011, 01:45:39 AM
#1
why would anyone use mtGox CAD$!? Huh

please keep the CAD$ on the Canadian virtual exchange.
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