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Topic: ¿Why in mtgox BTCs are more expensive? - page 2. (Read 2134 times)

b!z
legendary
Activity: 1582
Merit: 1010
September 02, 2013, 12:25:04 AM
#8
Because nobody can withdraw fiat and their USD is imaginary play money. USD holders are buying BTC to withdraw.
legendary
Activity: 4354
Merit: 3260
September 01, 2013, 09:32:50 PM
#7
Because they don't pay real money for your bitcoins now.

That is the real answer.

MtGox is having trouble processing dollar, euro, etc. withdrawals. Some people have been waiting 4 months for their money. As a result, people with money stuck in MtGox buy bitcoins and then withdraw the bitcoins.  Most people on MtGox want bitcoins but don't want money and that makes the bitcoins more expensive.

Some people think that they can make some money by buying bitcoins on another exchange and then selling them on MtGox for a higher price. However, this is a trap because once you sell the bitcoins on MtGox, you are stuck.
newbie
Activity: 4
Merit: 0
September 01, 2013, 06:51:00 PM
#6
Things to consider:
They've caused crashes before due to instability.
Its one of the most well known exchanges.
They been in legal trouble.
Issues with withdrawing for people.
They require lots of info to get started.

Many of these could be the causes of the higher prices on their sites.
newbie
Activity: 3
Merit: 0
September 01, 2013, 05:30:00 PM
#5
When the withdrawals are theoretical (as in, it takes forever to withdraw if you even ever can) then you can jack up your rates to try and get more people onto your exchange. There have just been too many problems at MtGox to use reliably, which is why you see a lot of exchange sites using BitStamp or other exchanges for their BTC exchange pricing. We'd all love to be able to get MtGox's inflated rate when we cash out to fiat currency, it just doesn't happen without too many speed bumps.
full member
Activity: 129
Merit: 100
September 01, 2013, 03:15:45 PM
#4
Because they don't pay real money for your bitcoins now.
newbie
Activity: 5
Merit: 0
September 01, 2013, 03:10:46 PM
#3
Mtgox is risky, because of this price gap. You can't withdraw from MTGOX, they are not processing withdrawals so watch out.
sr. member
Activity: 350
Merit: 250
September 01, 2013, 02:10:21 PM
#2
Maybe you can do a research and don't ask something for the 10000000000 time
rqm
newbie
Activity: 15
Merit: 0
September 01, 2013, 02:09:38 PM
#1
than bitstamp, for example
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