Author

Topic: Why trade on MtGox (Read 1001 times)

member
Activity: 66
Merit: 10
January 17, 2014, 02:20:41 AM
#9
Lately there has been no volume in MtGox. BTC-e leads the traffic followed by BitStamp.
hero member
Activity: 804
Merit: 501
January 16, 2014, 07:50:00 PM
#8
Why trade on MtGox;

Knowing that it is (very) difficult to get fund/BTC in and out of MtGox;

what is the reason/advantages that one trades on MtGox and not one of the other echanges ?

Thx in advance.

I agree with NeedForBitcoin.  It's because of the volume/price.
newbie
Activity: 6
Merit: 0
January 16, 2014, 10:32:00 AM
#7
I think security is the main reason. In one year time I think people will recognize bitstamp as n.1 trading place.
hero member
Activity: 490
Merit: 500
January 16, 2014, 07:07:19 AM
#6
The btc extraction lever still works pretty well
It's the fiat choke points that suck
hero member
Activity: 903
Merit: 1000
LakeBTC.com
January 15, 2014, 09:12:43 PM
#5
 Smiley  our exchange LakeBTC.com check it out  Tongue
hero member
Activity: 840
Merit: 1000
January 15, 2014, 05:27:32 PM
#4
Why trade on MtGox;

Knowing that it is (very) difficult to get fund/BTC in and out of MtGox;

what is the reason/advantages that one trades on MtGox and not one of the other echanges ?

Thx in advance.

Cos people got trapped there when they stopped being able to give people their money back.

Gox volume has dropped off significantly and is increasingly becoming less and less relevant.

Who cares what Bitcoin costs on Gox if anything that is actually priced in Bitcoin tracks Bitstamp (somewhere that people can actually get their money out of).
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
January 15, 2014, 05:20:51 PM
#3
Knowing that it is (very) difficult to get fund/BTC in and out of MtGox;

what is the reason/advantages that one trades on MtGox and not one of the other echanges ?

Is deposit also difficult? I thought deposit is relatively easy. Definitely advantage is to sell there and cash out with risk of withdrawal. Also, it is sensitive and have high beta.

newbie
Activity: 14
Merit: 0
January 15, 2014, 03:35:47 PM
#2
Most people trade because of higher volume and price and only withdraw the BTC.
member
Activity: 106
Merit: 10
January 15, 2014, 02:07:41 PM
#1
Why trade on MtGox;

Knowing that it is (very) difficult to get fund/BTC in and out of MtGox;

what is the reason/advantages that one trades on MtGox and not one of the other echanges ?

Thx in advance.
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