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Title: What Will Happen When MtGox Resumes Trading Fees Post by: dontek on April 13, 2013, 03:55:46 PM I have fiat sitting in MtGox and I am just sitting and watching right now.
Without any fees right now, gut feeling is that quite a few of the back and forth tradings going on are people trying to make a buck here and there from continual buying/selling. Trade fees go back into effect tonight. Any thoughts on what changes (if any) that's going to create in value? Title: Re: What Will Happen When MtGox Resumes Trading Fees Post by: Kazu on April 13, 2013, 04:00:44 PM There won't be as much of these $1 back-and-forth things. There still will be some though.
Title: Re: What Will Happen When MtGox Resumes Trading Fees Post by: HappyBitCoinUser on April 13, 2013, 04:01:17 PM They'll probably be a victim of their own success again, and you know how that plays out.
Title: Re: What Will Happen When MtGox Resumes Trading Fees Post by: Kazu on April 13, 2013, 04:08:51 PM They'll probably be a victim of their own success again, and you know how that plays out. Wouldn't volume decrease as fees increase? I mean, assuming people were logicial, which they apparently aren't. Title: Re: What Will Happen When MtGox Resumes Trading Fees Post by: ManBearPig on April 13, 2013, 04:10:19 PM Haven't a clue but a lower fee would see me trading more.
If the Goxster can handle it, so can I! Title: Re: What Will Happen When MtGox Resumes Trading Fees Post by: GeniuSxBoY on April 13, 2013, 04:43:41 PM Fees usually have people thinking twice before buying in. If they buy in at $100, they have to predict that it will hit ~$104 before they make any profit.
With no trading fees people know that if they buy in at $100, they only have to wait until $100.01 to make any profit. It changes the dynamic because people have to use a little more brain power to analyze which way the stampede will run. |