It was an huge transaction with lots of inputs, they didn't broadcasted it but they published it online, here: http://mtgox.com/api/0/bitcoin_tx.php , one just had to search for it's transaction and broadcast it themselves. |
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removed, and trust in gox restored.
It actually wasn't totally their fault.
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You gave me a rational reason to be bullish on the bitcoin price.
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I might be wrong, but these are not avalon chips.
They are a mess, 0.5 TH each. They will be a mess to work with. You should just buy the whole package from cointerra.
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Well guys, i decided to dive in.
I bought @ bitstamp and i will probably sell on gox.
I will report back how after how long, if ever, my sepa withdrawn arrives.
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People are arbitrating but the spread is still and always at 10%, does it makes sense?
10% is a profit for risking money. 10% means that people won't risk their capital because they think there is a probability greater than 10% to lose everything. |
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People are arbitrating but the spread is still and always at 10%, does it makes sense?
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Yes, how can i trust you?
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BS, you don't have to sit back and do anything. We were talking about FIAT. Ya, change fiat to BTC on gox, and withdrawal. Better than it collapsing as its running illegally according to many in this thread. So get it out in the form of BTC. We were talking about getting a profit arbitraging. How do you do that withdrawing btc, may i ask? Read with more attention next time. Thanks. |
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Naturally, i must have reasons to trust you.
Thanks.
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BS, you don't have to sit back and do anything. We were talking about FIAT. |
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If they were not operating within the rules of Japan they would be shut down pretty dam quick. I'm sorry, but this is not a proof. You don't have to "wait in line". You have to sit back and hope not to lose everything in the meanwhile. |
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MtGox is operating fully within all regulations in Japan, where they are located and registered. Can i ask for some proof of this? Because i've never heard of this, but it could be my fault. We do not know who the owner(s) of Bitstamp is/are, or where their physical office(s) (if any) are located. We only have an address to a maildrop in London and a bank account in Slovenia. We do know who the owner is. Google will help you. He also held a speech at the London Bitcoin last year. |
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I'm sorry sturle, but i can't agree with you anymore. When you write pro-gox, and about the withdrawns that in your opinion are going well, i can accept that, since that personally i have no proof of the opposite. But i can't really agree on bitstamp being less secure than mtgox, at the moment. They do this without the proper licencing, authorization and insurances in place, which of course is illegal. Where are mtgox documents about this? They both operate in the dark. |
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Bitstamp is certanly an interesting exchange to operate with.
I heard from you that mtgox on their side seems to have a 30k SEPA withdrawn limit, if you go over, you wait more than 2 weeks. That's very unfortunate, for one that wants to exploit that spread.
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If domestic (JPY) withdrawal takes a day or two, while USD takes a few weeks or more, why can't someone in Japan set up a business which for a % fee will withdraw your money in JPY, exchange into USD at forex rate, and paypal/send cash by mail/or find some other way of getting the money to you?
Also, why can't the same business do million or so of arbitrage per day? This spread is so stable that it has to be exploited... By someone that wants to risk on mtgox. |
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Yes, MtGox is collapsing now. August 26, 2011 18:00 |
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Is a 10gb vps expensive? I would be more worried about the iops you will make.
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