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? |