Bitcoin Forum

Economy => Service Discussion => Topic started by: astr0train on February 14, 2014, 08:14:31 AM



Title: MtGox - discount bailout for management
Post by: astr0train on February 14, 2014, 08:14:31 AM
Anyone here thinking about what a great arbitrage opportunity the mtgox discount is creating for the management?

Even if they are insolvent due to scammers defrauding them via the "malleability" issue, clearly they could make a killing right now by buying at $300-$400 from their clients panic-selling, then sell the BTC on another exchange at $550-650.

They control the payments. The bailout is taking place right now.

Thoughts?



Title: Re: MtGox - discount bailout for management
Post by: jr3951 on February 14, 2014, 08:16:12 AM
Anyone here thinking about what a great arbitrage opportunity the mtgox discount is creating for the management?

Even if they are insolvent due to scammers defrauding them via the "malleability" issue, clearly they could make a killing right now by buying at $300-$400 from their clients panic-selling, then sell the BTC on another exchange at $550-650.

They control the payments. The bailout is taking place right now.

Thoughts?



If you think they will be doing arbitrage to once again become solvent I suggest you buy some coins for when they open the fund gates


Title: Re: MtGox - discount bailout for management
Post by: seriouscoin on February 14, 2014, 08:16:56 AM
Well, its already discussed here : https://bitcointalk.org/index.php?topic=464465.0

and yes.... its pretty obvious now isnt it? question is.... would you be able to control your greed enough not to be a pig?