Bitcoin Forum

Economy => Speculation => Topic started by: wopwop on November 09, 2013, 10:28:02 AM



Title: How many times do i have to say
Post by: wopwop on November 09, 2013, 10:28:02 AM
the  price cant go down because real money cant be withdrawn

thus, after every trade, the seller must buy again, at some point

the bid volume is always the same

thanks mtgox :-*


Title: Re: How many times do i have to say
Post by: BitchicksHusband on November 09, 2013, 10:36:11 AM
Yeah, they're an embarrassment to Japan.  The Japanese government should do something about them.


Title: Re: How many times do i have to say
Post by: theecoinomist on November 09, 2013, 01:27:58 PM
Yeah, they're an embarrassment to Japan.  The Japanese government should do something about them.

i second this


Title: Re: How many times do i have to say
Post by: iikun on November 09, 2013, 02:07:52 PM
even tho BTC isn't big in Japan Gox just made it a whole lot easier to deposit/withdraw from Japanese bank accounts. I guess the regulations here aren't as restrictive as in the US, but good for people in Jpn tho.


Title: Re: How many times do i have to say
Post by: zeroday on November 09, 2013, 02:30:22 PM
even tho BTC isn't big in Japan Gox just made it a whole lot easier to deposit/withdraw from Japanese bank accounts. I guess the regulations here aren't as restrictive as in the US, but good for people in Jpn tho.

Those who have millions on balance, probably just go to Japan and register an account in gox's bank to make internal transfer.


Title: Re: How many times do i have to say
Post by: Coinseeker on November 09, 2013, 02:44:00 PM
The price can absolutely go down.  Those at Gox will have to choose to move into cash they can't withdrawal or BTC that's value is dropping.  But Gox will not keep the whole market propped up.  Cash is still fine on Gox, especially if you plan to buy back more coin at the bottom so the OP theory is just dumb.


Title: Re: How many times do i have to say
Post by: wobber on November 09, 2013, 03:09:12 PM
You CAN withdraw money from Gox, but it takes more than a month and a half!


Title: Re: How many times do i have to say
Post by: wobber on November 09, 2013, 03:24:14 PM
I have canceled today a SEPA withdrawal after 4 months of waiting, will sell the bitcoins on bitcoin.de and i will not use Gox never again, much less recomend it for anyone.

Really? 4 months??


Title: Re: How many times do i have to say
Post by: Taxidermista on November 09, 2013, 03:41:23 PM
Yeah, 4 months for a 900€ SEPA, dated from july 19.

Gox is dead for me, i never will use their services again.

Jesuschrist... you deserve some kind of medal of patience or something.


Title: Re: How many times do i have to say
Post by: Vandroiy on November 09, 2013, 04:23:33 PM
Yeah, 4 months for a 900€ SEPA, dated from july 19.

Gox is dead for me, i never will use their services again.

Jesuschrist... you deserve some kind of medal of patience or something.

lol... you don't seem to be aware what's going on at Gox.

I'm still missing transfers from June. Why do you think they trade above market price all the time?


Title: Re: How many times do i have to say
Post by: bitcoin carpenter on November 09, 2013, 05:43:50 PM
am I missing something, isnt gox about 30 dollars lower than btc china


Title: Re: How many times do i have to say
Post by: Trupik on November 09, 2013, 06:07:52 PM
Yeah, 4 months for a 900€ SEPA, dated from july 19.

Gox is dead for me, i never will use their services again.
That is strange. I did a SEPA withdrawal of about 300€ from Mt.Gox about two weeks ago. It took less than 24 hours to appear on my bank account.


Title: Re: How many times do i have to say
Post by: trace666 on November 09, 2013, 07:41:48 PM
Yeah, 4 months for a 900€ SEPA, dated from july 19.

Gox is dead for me, i never will use their services again.
That is strange. I did a SEPA withdrawal of about 300€ from Mt.Gox about two weeks ago. It took less than 24 hours to appear on my bank account.
There is a limit of one Mt.Gox SEPA withdrawal per 20 days (see their FAQs). So the first withdrawal will be fairly quick, with additional ones taking more time. I have a few in the queue myself.


Title: Re: How many times do i have to say
Post by: Hawker on November 09, 2013, 09:20:46 PM
I withdrew $60k from Gox in June/July and had no problems.  Has something changed?