Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: danoplus on June 10, 2011, 09:53:41 PM



Title: Mt. Gox and other exchanges
Post by: danoplus on June 10, 2011, 09:53:41 PM
Just a stupid question...so where does Mt. Gox get all of the bitcoins from?


Title: Re: Mt. Gox and other exchanges
Post by: ironwolf on June 10, 2011, 10:13:13 PM
Mt. Gox is an exchange. The bitcoins come from people who want to sell, and flow through Mt. Gox to people who want to buy.


Title: Re: Mt. Gox and other exchanges
Post by: detroit on June 10, 2011, 10:23:16 PM
Right, understand that you're not buying coins FROM Mt. Gox (or TradeHill.com), they are the marketplace that connects sellers to buyers.