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Title: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: sgdias on February 20, 2014, 01:53:44 PM If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? I'm not getting... how can a proven fraudulent exchange can impact on bitcoin economy ???
Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: silverston on February 20, 2014, 01:56:36 PM bad news - price down.
good news - price up. ;D Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: zvs on February 20, 2014, 01:57:37 PM those bitcoins are going to end up somewhere
and a lot of them will be sold, once they start moving though i'm puzzled as to why anyone would sell at $120 on gox, i think any bookie would take that 1:5 spread Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: MatTheCat on February 20, 2014, 02:00:14 PM those bitcoins are going to end up somewhere and a lot of them will be sold, once they start moving though i'm puzzled as to why anyone would sell at $120 on gox, i think any bookie would take that 1:5 spread Cos the only people getting real BTC out of Gox, will be Karpeles and his mates and they will be cashing out on other exchanges. Joe Bloggs needs to get into USD in order to have the hope of salvaging anything. Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: zvs on February 20, 2014, 02:03:08 PM those bitcoins are going to end up somewhere and a lot of them will be sold, once they start moving though i'm puzzled as to why anyone would sell at $120 on gox, i think any bookie would take that 1:5 spread Cos the only people getting real BTC out of Gox, will be Karpeles and his mates and they will be cashing out on other exchanges. Joe Bloggs needs to get into USD in order to have the hope of salvaging anything. shame that I can't go to some sports betting site and put $1000 down on a (*ed: 5:1) that mtgox pays out bitcoins owned Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: Tirapon on February 20, 2014, 02:05:48 PM those bitcoins are going to end up somewhere and a lot of them will be sold, once they start moving though i'm puzzled as to why anyone would sell at $120 on gox, i think any bookie would take that 1:5 spread Cos the only people getting real BTC out of Gox, will be Karpeles and his mates and they will be cashing out on other exchanges. Joe Bloggs needs to get into USD in order to have the hope of salvaging anything. shame that I can't go to some sports betting site and put $1000 down on a (*ed: 5:1) that mtgox pays out bitcoins owned You could just wire $1000 to Gox and buy some coins? Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: Richard Branson on February 20, 2014, 02:15:32 PM You can:
https://bitcoinbuilder.com/ Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: sgdias on February 20, 2014, 02:16:02 PM Just an update for you folks. The price on MtGox is irrelevant. I have 3.8 coins on MtGox and I can't sell them, buy anymore, or do anything as of yesterday when the price froze at $260 and they announced moving their office. So I attempted to open a new account at MtGox and got a 404 Error every time. The site doesn't work anymore, period. They have programmed it to just show a price that is slowly declining to zero. They are gone, bitcoins are gone, money is gone, there is no trading and there is nothing happening at MtGox. Just 2 minutes ago I tried to login to my MtGox account and got errors as well. The site is not functioning, only the market ticker at the top is working which is just computer code running in the background. Sorry people they are long gone but want to make you believe the exchange is still there so as not to crash the price on other exchanges where they are slowing liquidating the bitcoins to fools. Nobody made a legal action ? Why the japanese police is not yet taking the bitcoins from mtgox ? (the same way FBI did with silk road) Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: sgdias on February 20, 2014, 03:30:33 PM You can: https://bitcoinbuilder.com/ Wow, are you really Richard Branson ? nice to meet you dude. Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: johnny211 on February 20, 2014, 03:34:32 PM You could just wire $1000 to Gox and buy some coins? Yeah, if the bet is whether gox is solvent, then gox should be okay as counterparty :) Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: MatTheCat on February 20, 2014, 03:42:53 PM shame that I can't go to some sports betting site and put $1000 down on a (*ed: 5:1) that mtgox pays out bitcoins owned That's right zvs. You are getting just about 5.1 on BTC v Goxcoin at the moment so if you are so certain about Gox coming good, get your money in their now. People having no problems depositing funds, its just the other way around that is the issue. Be sure to let us know ow you get on with that. Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: polarhei on February 20, 2014, 03:53:08 PM If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? I'm not getting... how can a proven fraudulent exchange can impact on bitcoin economy ??? Mtgox is already dead due to the fiat withdrawal problem not solved. We normally have forgotten the name. The price is based on trust level. If there is more trust then the price will be reasonable for both parties. Why mtgox shows USD 135 while the other shows USD 500+ apiece? Let see when mtgox has solved his own problem. Another Bad statement received today. Let see when mtgox has fixed the problem Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: porcupine87 on February 20, 2014, 04:37:16 PM those bitcoins are going to end up somewhere and a lot of them will be sold, once they start moving Why? Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: GigaCoin on February 20, 2014, 07:04:35 PM don't forget gox has like one million users, that's a huge loss of confidence in Bitcoin
Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: bitcon on February 20, 2014, 07:17:37 PM Just an update for you folks. The price on MtGox is irrelevant. I have 3.8 coins on MtGox and I can't sell them, buy anymore, or do anything as of yesterday when the price froze at $260 and they announced moving their office. So I attempted to open a new account at MtGox and got a 404 Error every time. The site doesn't work anymore, period. They have programmed it to just show a price that is slowly declining to zero. They are gone, bitcoins are gone, money is gone, there is no trading and there is nothing happening at MtGox. Just 2 minutes ago I tried to login to my MtGox account and got errors as well. The site is not functioning, only the market ticker at the top is working which is just computer code running in the background. Sorry people they are long gone but want to make you believe the exchange is still there so as not to crash the price on other exchanges where they are slowing liquidating the bitcoins to fools. anyone see GOX's new "Virtual" Mailing address? Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: GigaCoin on February 20, 2014, 07:31:46 PM Just an update for you folks. The price on MtGox is irrelevant. I have 3.8 coins on MtGox and I can't sell them, buy anymore, or do anything as of yesterday when the price froze at $260 and they announced moving their office. So I attempted to open a new account at MtGox and got a 404 Error every time. The site doesn't work anymore, period. They have programmed it to just show a price that is slowly declining to zero. They are gone, bitcoins are gone, money is gone, there is no trading and there is nothing happening at MtGox. Just 2 minutes ago I tried to login to my MtGox account and got errors as well. The site is not functioning, only the market ticker at the top is working which is just computer code running in the background. Sorry people they are long gone but want to make you believe the exchange is still there so as not to crash the price on other exchanges where they are slowing liquidating the bitcoins to fools. i logged in just now , all good no errors. I also just realized i had $1 there lmao. Title: Re: If mtgox is dead, why price drops on other exchanges when price drop in mtgox ? Post by: fcmatt on February 20, 2014, 07:34:20 PM Just an update for you folks. The price on MtGox is irrelevant. I have 3.8 coins on MtGox and I can't sell them, buy anymore, or do anything as of yesterday when the price froze at $260 and they announced moving their office. So I attempted to open a new account at MtGox and got a 404 Error every time. The site doesn't work anymore, period. They have programmed it to just show a price that is slowly declining to zero. They are gone, bitcoins are gone, money is gone, there is no trading and there is nothing happening at MtGox. Just 2 minutes ago I tried to login to my MtGox account and got errors as well. The site is not functioning, only the market ticker at the top is working which is just computer code running in the background. Sorry people they are long gone but want to make you believe the exchange is still there so as not to crash the price on other exchanges where they are slowing liquidating the bitcoins to fools. i logged in just now , all good no errors. I also just realized i had $1 there lmao. heh. i got $0.00184 i made sure my last withdraw left them next to nothing a long time ago. |