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Bitcoin => Bitcoin Discussion => Topic started by: istar on July 12, 2011, 09:18:29 PM



Title: No European money into mtgox this week, slow your sales.
Post by: istar on July 12, 2011, 09:18:29 PM
Mt. Gox: No SEPA (EUR) Deposits Until July 18th
http://www.bitcoinmoney.com/post/7525097623/mtgox-eur-banking-change

This could mean that there will be much less money on mtgox this and next week.
So if you dont want sell below market value, it could be wise to slow down on your sale one or two weeks.
When there is more more money to buy with.
But right now there is a risc that the price of bitcoins on MTGox will go down below market value?



 


Title: Re: No European money into mtgox this week, slow your sales.
Post by: RogerR on July 12, 2011, 09:48:25 PM
Mt. Gox: No SEPA (EUR) Deposits Until July 18th
http://www.bitcoinmoney.com/post/7525097623/mtgox-eur-banking-change

This could mean that there will be much less money on mtgox this and next week.
So if you dont want sell below market value, it could be wise to slow down on your sale one or two weeks.
When there is more more money to buy with.
But right now there is a risc that the price of bitcoins on MTGox will go down below market value?


The mark-to-market price of bitcoins traded on a public exchange IS per definition the fair market value. Opportunity costs factor in temporary scarcities. I'm pretty sure the price will be someplace else next week... not saying where though. ;D


Title: Re: No European money into mtgox this week, slow your sales.
Post by: MagicalTux on July 12, 2011, 11:34:43 PM
Should be noted that:

- During the week we'll continue receiving transfers sent during the weekend
- It is now possible to deposit to our GBP account in UK (which also accept other currencies and will convert those (https://www.business.barclays.co.uk/BRC1/jsp/brcscontrol?task=ExchangeRates&site=bbb&value=2446&menu=3794))