Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: onesalt on April 10, 2013, 05:56:12 PM



Title: How do I get my bitcoins out?
Post by: onesalt on April 10, 2013, 05:56:12 PM
MtGox is crashing and I really can't afford to lose everything, how can I get my bitcoins out into dollars?

Please hurry.


Title: Re: How do I get my bitcoins out?
Post by: Morblias on April 10, 2013, 06:04:24 PM
http://www.reddit.com/r/Bitcoin/comments/1c2qzn/this_is_why_we_should_not_all_clump_to_one/


Title: Re: How do I get my bitcoins out?
Post by: pheaonix on April 10, 2013, 06:15:02 PM
its similar to getting money out of a poker or gambling site - cannot be done quickly. you have to have your bank hooked up to your account and stuff.


Title: Re: How do I get my bitcoins out?
Post by: superduh on April 10, 2013, 06:18:03 PM
i'll buy for $20 each. let me know


Title: Re: How do I get my bitcoins out?
Post by: doobadoo on April 10, 2013, 06:19:36 PM
MtGox is crashing and I really can't afford to lose everything, how can I get my bitcoins out into dollars?

Please hurry.

I told you a hundred times Homer, you need to sell your pumpkin futures in October, and your Bitcoins after any legendary parabolic run...BEFORE the crash starts.  Once it starts Gox goes to shit.  

Good luck.


Title: Re: How do I get my bitcoins out?
Post by: dontek on April 10, 2013, 06:25:27 PM
MtGox is crashing and I really can't afford to lose everything, how can I get my bitcoins out into dollars?

Please hurry.

A: if you couldn't afford to have lost it, you never should have invested it. That's trading logic 101. If you lose your ass, then you have no one to blame but yourself.

B: CHILL OUT. Just let it sit. Remember last week when MT GOX went down and everyone started flipping out? What happened after that? The price went up over $200/BTC.

Just chill out. Ride it out. People like YOU that are panicking right now is the reason the price keeps dropping.


Title: Re: How do I get my bitcoins out?
Post by: ORE on April 10, 2013, 06:27:55 PM
Keep focused on the long game.

This is a buying opportunity, not a selling one.


Title: Re: How do I get my bitcoins out?
Post by: Terpie on April 10, 2013, 06:38:25 PM
How many times were you told to only invest what you could afford to lose? This is why. Did you think 1000% gains didn't come with significant risk?


Title: Re: How do I get my bitcoins out?
Post by: baracuda on April 10, 2013, 07:00:49 PM
I've mined some coins, and invested some money.

But, I had a special "good bye" party for the money I invested since I wholly expected that I'd never get it back. If bitcoin drops to $10 bucks, such is life. I speculated, I lost. My main concern was that I wanted to hedge my bet against the chance that BitCoin spiked to $10,000 or more. If it had done that, and I had nothing invested, I would have wept. ;)

In any case, hang on to your hats, put in a market buy order, you just might get a nice load of cheap coins.


Title: Re: How do I get my bitcoins out?
Post by: Blinken on April 10, 2013, 08:56:15 PM
MtGox has withdrawal limits. You have to get verified to increase your withdrawal limits. You want to start that process because it can take weeks to get verified.

Those limits are there so the hacker that controls your home computer doesn't send them a few emails and have your whole balance wired to them in the Ukraine while you are away for the weekend.


Title: Re: How do I get my bitcoins out?
Post by: superduh on April 10, 2013, 09:01:53 PM
wish he sold them to me for $20..


Title: Re: How do I get my bitcoins out?
Post by: ORE on April 10, 2013, 09:15:10 PM
See, back up to $200. That was a great buying opportunity eh?

Don't panic. Keep calm and carry on. Bitcoin has every reason to shoot to the moon in value.


Title: Re: How do I get my bitcoins out?
Post by: dontek on April 10, 2013, 09:19:23 PM
See, back up to $200. That was a great buying opportunity eh?

Don't panic. Keep calm and carry on. Bitcoin has every reason to shoot to the moon in value.

THIS.

People just wouldn't listen would they? ZOMG! ITS CRASHING! SELL SELL SELL!

I sat here all afternoon watching the rollercoaster but just kept my cool. I knew when I bought into this that it was a risk. However, unlike a lot of the noobs who freaked out, I could afford to lose what I put in. However, I knew that it was going to settle down and guess what, we're back up again. Would like to see the looks on the faces of those who freaked out and sold today. LULS.


Title: Re: How do I get my bitcoins out?
Post by: rebuilder on April 10, 2013, 09:20:45 PM
And now that we're back  up, at least for now, take a look at what just happened and draw your conclusions on how much wealth you're willing to have in BTC.

The correct answer, incidentally, is: No more than you can afford to lose entirely.


Title: Re: How do I get my bitcoins out?
Post by: GernMiester on April 10, 2013, 09:28:50 PM
OMG MT GOX CRASHING!!!! SELL SELL SELL.
hmm wait a second.. this happened before and BTC is 10 times stronger. 
MT Gox in not BTC, its one of several exchanges.


Title: Re: How do I get my bitcoins out?
Post by: Elwar on April 10, 2013, 09:58:17 PM
MtGox is crashing and I really can't afford to lose everything, how can I get my bitcoins out into dollars?

Please hurry.

Why do you want to buy Federal Reserve Notes? Have you heard something we have not?

Is there a new Federal Reserve Note app coming out? Something new in the works for the FRN market?

Let us in on the news.


Title: Re: How do I get my bitcoins out?
Post by: jerethdaminer on April 10, 2013, 09:59:24 PM
is mtgox just a meeting hall facilitator or do they hold and exchange funds  until both party's are clear
im still Leary about buying selling like this (love the idea i'm just a paraniod aspie


Title: Re: How do I get my bitcoins out?
Post by: xDan on April 10, 2013, 10:03:16 PM
MtGox is crashing and I really can't afford to lose everything, how can I get my bitcoins out into dollars?

Please hurry.

You don't. You took the red pill. There's no going back.


Title: Re: How do I get my bitcoins out?
Post by: DataPlumber on April 10, 2013, 10:23:22 PM
In any case, hang on to your hats, put in a market buy order, you just might get a nice load of cheap coins.
The Mt.Gox Lottery: Spin the wheel, wait 20mins or an hour... see what you get!

You may be the next winner!


Title: Re: How do I get my bitcoins out?
Post by: TheDarKnight on April 10, 2013, 10:32:05 PM
See, back up to $200. That was a great buying opportunity eh?

Don't panic. Keep calm and carry on. Bitcoin has every reason to shoot to the moon in value.

That was very British of you.


Title: Re: How do I get my bitcoins out?
Post by: rebuilder on April 11, 2013, 08:47:19 AM
is mtgox just a meeting hall facilitator or do they hold and exchange funds  until both party's are clear
im still Leary about buying selling like this (love the idea i'm just a paraniod aspie

Gox holds onto all funds. You still have counterparty risk in trading there, but not from the other side of your trade. You have to trust Gox instead.


Title: Re: How do I get my bitcoins out?
Post by: jerethdaminer on April 11, 2013, 12:47:12 PM
so gox holds other peoples cash to fill there orders

then sends that to people who have given them  coins to sell