Bitcoin Forum
October 01, 2025, 12:55:26 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Exchanges / MtGox discount oportunity? on: February 21, 2014, 08:02:47 AM
Hello,

BTC is traded at $100 at MtGOx now as compared to +500$ at other exchanges. If I have understood things correctly, you can freely move your bitcoins between your wallets and between exchanges as well. Also, a bitcoin is a bitcoin regardless of which wallet it is stored in.

Given the above, what if someone were to throw the dice and buy e.g. 1 bitcoin at MtGox at "discount price" and then transfer it out of MtGox (if/when that becomes possible) to another exchange and sell it for what 1 bitcoin is worth there? If MtGox goes bankrupt or otherwise fails, you would most likely lose all your funds, but if you were willing to risk it, is it technically possible?

/Eric
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!