Title: Should I spend all my money locked into mt.gox on bitcoins? Post by: mackminer on February 22, 2014, 10:33:10 AM I mean surely if I can't get my bitcoins then I can't get my cash.
Any opinions appreciated. Thanks. Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: sebdude420 on February 22, 2014, 10:46:51 AM yea man buy up dem cheap coins! they will open doors soon. have faith in mtgox
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: joele on February 22, 2014, 10:50:00 AM yea man buy up dem cheap coins! they will open doors soon. have faith in mtgox Same hereTitle: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Searing on February 22, 2014, 10:51:08 AM I mean surely if I can't get my bitcoins then I can't get my cash. Any opinions appreciated. Thanks. from what i understand the price is so low because people are trying to get $$$ for their in house gox bitcoin ...ie if www.mtgox.com goes under you may get your $$$ back or partial but not clear if bitcoin is considered "real money" so that would be a complete loss (in other words gox could declare they have 20mil in debts (currency) and just blow off the 300 million in bitcoin ..in that bankruptcy laws would consider that monopoly money and not covered frack ..that is what they are probably arranging with their lawyers as we speak i've no idea don't have any money in gox myself (have a verified account thou) so no idea what you should do but that is why the price is so dang low concerns about the above i've seen on other threads good luck hopefully it will all work out Searing Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: balanghai on February 22, 2014, 10:55:59 AM Just grab the coins all out. At least you have it at a very good rate. Hopefully you would just keep BTC and not dump it right away when it clears the house. This way, it helps the ecosystem. Maybe a few mBTC on every other day is still healthy and not a lump sum. ;D
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Sheldor333 on February 22, 2014, 11:06:16 AM I would when the btc are cheap. Then first time you are able to withdraw get your btc and run to some other place. If you have a lot of money with them maybe it would be better not to spend it all.
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: hilariousandco on February 22, 2014, 11:37:31 AM It's a risk and you could lose either way. I'd probably take the gamble on the cheap coins.
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: orpington on February 22, 2014, 11:44:33 AM tough call - depends how much - probably BTC is the way - dunno really
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: mackminer on February 22, 2014, 11:59:56 AM Bought up the coins.....fingers crossed.
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: b!z on February 22, 2014, 12:03:16 PM r.i.p. OP's money
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Abdussamad on February 22, 2014, 12:04:13 PM Bought up the coins.....fingers crossed. I hear you can sell the coins for real btc on bitcoin builder and double your money. Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: YourFriendlyNig on February 22, 2014, 12:06:52 PM Bought up the coins.....fingers crossed. I hear you can sell the coins for real btc on bitcoin builder and double your money. http://www.reddit.com/r/Bitcoin/comments/1yh9mr/are_your_usds_stuck_on_mtgox_congratulations/ Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Abdussamad on February 22, 2014, 12:14:52 PM Bought up the coins.....fingers crossed. I hear you can sell the coins for real btc on bitcoin builder and double your money. http://www.reddit.com/r/Bitcoin/comments/1yh9mr/are_your_usds_stuck_on_mtgox_congratulations/ Uh huh. That's where I read it too. But I also read on bitcoin markets sub reddit that bitcoin builder was down or no longer functional. The OP will have to try it and let us know how it goes. Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: porcupine87 on February 22, 2014, 12:28:19 PM I mean surely if I can't get my bitcoins then I can't get my cash. Any opinions appreciated. Thanks. Can I ask you, why you still haad fonds on Gox, when you knew they had withdrawal problems all the time? Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: YourFriendlyNig on February 22, 2014, 12:33:00 PM Bought up the coins.....fingers crossed. I hear you can sell the coins for real btc on bitcoin builder and double your money. http://www.reddit.com/r/Bitcoin/comments/1yh9mr/are_your_usds_stuck_on_mtgox_congratulations/ Uh huh. That's where I read it too. But I also read on bitcoin markets sub reddit that bitcoin builder was down or no longer functional. The OP will have to try it and let us know how it goes. https://www.bitcoinbuilder.com/ Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Bitcoinpro on February 22, 2014, 12:35:26 PM Hold like its better than Gold, obvious ploy to get people to sell, as long as it has the most powerful computer network protecting it I wouldn't be selling anytime soon.
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: mackminer on February 22, 2014, 12:52:26 PM I mean surely if I can't get my bitcoins then I can't get my cash. Any opinions appreciated. Thanks. Can I ask you, why you still haad fonds on Gox, when you knew they had withdrawal problems all the time? It takes a while to get them out... Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: vnvizow on February 22, 2014, 12:56:10 PM Do it, the next spike is expected in 2-4 months
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Lauda on February 22, 2014, 01:48:29 PM The price is low enough.
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: findgreenland on February 22, 2014, 01:51:46 PM is it posssible to deposit fiat into mtgox?
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: LiteCoinGuy on February 22, 2014, 01:57:07 PM Bought up the coins.....fingers crossed. good luck you gambler :P Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Lauda on February 22, 2014, 02:10:13 PM Chill out. You will profit by holding.
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: socialikable on February 22, 2014, 02:49:14 PM I would not gamble with them too much..
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: bananas on February 22, 2014, 02:50:57 PM it is gambling, the price is currently high for gambling, i would consider gambling with the price below 100
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Blinken on February 22, 2014, 03:14:48 PM Uh, what else could you do with it? Buy Mark back massage gift certificates?
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: mackminer on February 22, 2014, 06:52:47 PM Well good news from Mt.gox....
Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Tirapon on February 22, 2014, 07:00:55 PM If MT. Gox is insolvent, you probably wont get back any coins or any USD.
If they are solvent, would you rather get back USD or 1BTC per 200 USD? Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: mackminer on February 22, 2014, 07:08:43 PM If MT. Gox is insolvent, you probably wont get back any coins or any USD. So it would have been stupid not to buy the coins. If they are solvent, would you rather get back USD or 1BTC per 200 USD? 1 btc @ about 80 euro I think I paid for them today. Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Tirapon on February 22, 2014, 09:01:56 PM If MT. Gox is insolvent, you probably wont get back any coins or any USD. So it would have been stupid not to buy the coins. If they are solvent, would you rather get back USD or 1BTC per 200 USD? 1 btc @ about 80 euro I think I paid for them today. Now just hope that they survive and recover. Given their past performance, I think your odds are pretty good. Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Slab Squathrust on February 22, 2014, 10:52:06 PM I mean surely if I can't get my bitcoins then I can't get my cash. Any opinions appreciated. Thanks. Can I ask you, why you still haad fonds on Gox, when you knew they had withdrawal problems all the time? When my first funds got to gox, they weren't having issues. The problem arose when they started denying my account verification... Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: flound1129 on February 22, 2014, 11:06:34 PM is it posssible to deposit fiat into mtgox? I lol'd. Title: Re: Should I spend all my money locked into mt.gox on bitcoins? Post by: Skinnkavaj on February 22, 2014, 11:35:00 PM I would take the risk. Don't think you will get much back from having fiat there. It could take years before you even get your money back, imo buying btc and hoping for the best is the greatest risk reward ratio.
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