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Topic: Why are people still using gox when there is no way to withdraw (Read 4116 times)

sr. member
Activity: 420
Merit: 250
We use Gox for a few reasons:

- Easy BTC in/out
- Generally highest volumes
- Generally largest 'swings' when trading goes crazy

We have not and will not withdraw from Gox, rather we trade based on BTC and withdraw BTC to Coinbase where we sell for the 'real' value (read: Not Gox prices).  So from a trading mindset, sell high, re-buy low, extract BTC profit, try to remain stable at a BTC level.  This has generally worked pretty well over the long term, but like any trading has its risk (since holding BTC you can have a value of $1000 one minute and $600 the next), but this has worked flawlessly.  
hero member
Activity: 728
Merit: 500
Gox just did over 50K volume!
sr. member
Activity: 434
Merit: 250
If everyone know then no body would use. mtgox is trying to hide it Smiley
legendary
Activity: 3052
Merit: 1031
RIP Mommy
if anybody has any brains at all, they will abandon gox. it is just a matter of time until they die.

they are single handedly responsible for the crash in april

their customer service is utterly pathetic

they continue to rip people off everyday with inflated prices


READ THE HANDWRITING ON THE WALL. it is just a matter of time until they die.

Feeling like hell will freeze over before then. It's been too long already.
full member
Activity: 123
Merit: 100
I'm biased - but confused about this as well. Has anyone gotten USD out of Gox in the last month?

full member
Activity: 235
Merit: 250
if anybody has any brains at all, they will abandon gox. it is just a matter of time until they die.

they are single handedly responsible for the crash in april

their customer service is utterly pathetic

they continue to rip people off everyday with inflated prices


READ THE HANDWRITING ON THE WALL. it is just a matter of time until they die.





full member
Activity: 196
Merit: 100
I'm also waiting my gox withdrawal for August 11, 2013. What happen to gox?
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
i am waiting for a gox withdraw for since 6 august 2013 ...

Are you within the states? I can't believe there is still issues going on with mtgox withdrawals this is just insane.

No, I made a SWIFT transfer to Europe. Back in June after 4  or 5 days it was completed.

The SWIFT withdraw issues didn't start until mid june.
sr. member
Activity: 314
Merit: 250
i am waiting for a gox withdraw for since 6 august 2013 ...

Are you within the states? I can't believe there is still issues going on with mtgox withdrawals this is just insane.

No, I made a SWIFT transfer to Europe. Back in June after 4  or 5 days it was completed.
legendary
Activity: 1876
Merit: 1058
The OGz Club
i am waiting for a gox withdraw for since 6 august 2013 ...

Are you within the states? I can't believe there is still issues going on with mtgox withdrawals this is just insane.
sr. member
Activity: 314
Merit: 250
i am waiting for a gox withdraw for since 6 august 2013 ...
full member
Activity: 126
Merit: 100
Do as I say to do--But don't. (Mind Blown)
Any Idea when the arbitrage will cease? Will it just fizzle out or go on forever? Also who uses gox and for what lol it seems that its becoming antiquated quickly. It is IMO the 1st gen, still waiting to see who will take their place and do a much better job
legendary
Activity: 1876
Merit: 1000
gox is probably making a killing buying coins on bitstamp or btc-e and selling them at their inflated prices.

if someone was doing the arbitrage.... then the price difference wouldn't be there anymore.


hero member
Activity: 514
Merit: 500
because its got the highest volume so if you are regularly trading btc/us$ its the best place to be, or at least until another exchange has higher volume and then its easy to shift
legendary
Activity: 1134
Merit: 1005
Because if you are in Japan you can still withdraw. It's just international wires that doesn't work.
But what I don't understand is, why can't they withdraw JPY internationally? That makes no sense.
   You can, but it's by SWIFT transfer, which takes forever @ gox. Its only the japanese domestic transfers that are going quickly.
     

Gox reps told me that it is impossible to withdraw JPY to another country.
So another reason to believe Gox is on track to steal people's BTC and $$.
Who knows when Gox would announce JPY withdraw within japan is suspended??
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
Because if you are in Japan you can still withdraw. It's just international wires that doesn't work.
But what I don't understand is, why can't they withdraw JPY internationally? That makes no sense.
   You can, but it's by SWIFT transfer, which takes forever @ gox. Its only the japanese domestic transfers that are going quickly.
     
legendary
Activity: 1134
Merit: 1005
Because if you are in Japan you can still withdraw. It's just international wires that doesn't work.
But what I don't understand is, why can't they withdraw JPY internationally? That makes no sense.
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
legendary
Activity: 3206
Merit: 1069
you withdraw bitcoin, then go for bitstamp, gg?
b!z
legendary
Activity: 1582
Merit: 1010
They probably like to live their lives dangerously.
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