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Title: Gox just went half-price. Post by: Jon on March 29, 2012, 08:45:47 AM What will this do?
Title: Re: Gox just went half-price. Post by: John (John K.) on March 29, 2012, 08:58:00 AM Half-price? What do you mean? ???
Title: Re: Gox just went half-price. Post by: Clipse on March 29, 2012, 09:00:49 AM Half-price? What do you mean? ??? It means he didnt take half of his medicine today. Title: Re: Gox just went half-price. Post by: s1mngg on March 29, 2012, 09:02:44 AM Taken from facebook post from the MT GOX page
Mt.Gox celebrates its first anniversary by offering a 50% discount on fees TOKYO, JAPAN - March 29th, 2012 Tibanne acquired Mt.Gox in March 2011, and to celebrate this milestone and the Bitcoin community's continued support, we have decided to offer to all of our Mt.Gox customers a 50% discount on all trading fees! From 00:00:00 GMT on April first, No, this isn't an April Fool's trick, until 23:59:59 GMT on April seventh all trade fees on Mt.Gox will be half price. Note that this is regardless of your trading volume or when you started trading with us! Meaning that anyone who used to pay 0.6% will pay only 0.3%. This 50% discount on all trade fees will be automatically applied to everyone and relative to volume discounts as cited on our fee schedule. Make sure you are trading between April first and April seventh to get this celebratory offer!!! On behalf of Mt.Gox's staff, we would like to once again thank you for your continued support! Title: Re: Gox just went half-price. Post by: John (John K.) on March 29, 2012, 09:05:25 AM Taken from facebook post from the MT GOX page Oh, I see. Guess we'll see bigger-then-usual price fluctuations during this period due to the bigger volume half-fees would garner. Pity it wasn't fee-free though :P.Mt.Gox celebrates its first anniversary by offering a 50% discount on fees TOKYO, JAPAN - March 29th, 2012 Tibanne acquired Mt.Gox in March 2011, and to celebrate this milestone and the Bitcoin community's continued support, we have decided to offer to all of our Mt.Gox customers a 50% discount on all trading fees! From 00:00:00 GMT on April first, No, this isn't an April Fool's trick, until 23:59:59 GMT on April seventh all trade fees on Mt.Gox will be half price. Note that this is regardless of your trading volume or when you started trading with us! Meaning that anyone who used to pay 0.6% will pay only 0.3%. This 50% discount on all trade fees will be automatically applied to everyone and relative to volume discounts as cited on our fee schedule. Make sure you are trading between April first and April seventh to get this celebratory offer!!! On behalf of Mt.Gox's staff, we would like to once again thank you for your continued support! Title: Re: Gox just went half-price. Post by: N12 on March 29, 2012, 09:56:56 AM I bet you this is because of the image damage they are suffering due to https://bitcointalk.org/index.php?topic=73385.0 Now they are trying to lure people in with cheap fees like zhoutong did with a zero spread.
IMO it won’t make the market more volatile but less volatile because market maker bots can trade smaller fluctuations. Title: Re: Gox just went half-price. Post by: disclaimer201 on March 29, 2012, 06:54:57 PM I bet you this is because of the image damage they are suffering due to https://bitcointalk.org/index.php?topic=73385.0 Now they are trying to lure people in with cheap fees like zhoutong did with a zero spread. IMO it won’t make the market more volatile but less volatile because market maker bots can trade smaller fluctuations. Fully agree. Many people think Gox has gone bonkers in freezing people's accounts. Title: Re: Gox just went half-price. Post by: Hunterbunter on March 30, 2012, 05:51:38 AM Happened to me too...felt a lot like extortion of information to get my funds back.
Title: Re: Gox just went half-price. Post by: niko on March 30, 2012, 09:55:21 AM I understand that people who had their accounts frozen may feel bitter about it, but the fact is that Bitcoin at this point depends on MtGox. Another fact is that MtGox operates in real world, and needs to comply with AML or be shut down. They behave responsibly, and are doing what seems to be a good thing for Bitcoin.
Back to original topic: I personally don't care, as I don't trade that much. Good for those of us who do. Either way, it'll be interesting to see the effect (if any) of reduced fees on April 1st. Title: Re: Gox just went half-price. Post by: Cosbycoin on March 30, 2012, 06:31:00 PM Taken from facebook post from the MT GOX page Mt.Gox celebrates its first anniversary by offering a 50% discount on fees TOKYO, JAPAN - March 29th, 2012 Tibanne acquired Mt.Gox in March 2011, and to celebrate this milestone and the Bitcoin community's continued support, we have decided to offer to all of our Mt.Gox customers a 50% discount on all trading fees! From 00:00:00 GMT on April first, No, this isn't an April Fool's trick, until 23:59:59 GMT on April seventh all trade fees on Mt.Gox will be half price. Note that this is regardless of your trading volume or when you started trading with us! Meaning that anyone who used to pay 0.6% will pay only 0.3%. This 50% discount on all trade fees will be automatically applied to everyone and relative to volume discounts as cited on our fee schedule. Make sure you are trading between April first and April seventh to get this celebratory offer!!! On behalf of Mt.Gox's staff, we would like to once again thank you for your continued support! I thought mt. gox was created before Mark took it over. So we have already past the 1 year anniversary of mt. gox by like 6 months |