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Bitcoin / Bitcoin Discussion / Re: Let's kick some bear ass on January 30th!
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on: January 19, 2019, 10:50:27 PM
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Wow, thanks for the responses, folks! To answer a few replies, I chose the 30th because it gives people time to deposit funds and be ready.
I also now see and understand why this would be hard or impossible to do. I actually thought it would be a cool way to motivate people to buy and hodl long term. Whales could manipulate price but after steady hodling, we would all be proud of our accumulations.
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7
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Bitcoin / Legal / What if...
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on: February 09, 2014, 10:27:47 PM
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...you could open a bank account in Japan in order to freely deposit or withdraw money into and out of Gox? Is this feasible?
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9
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Economy / Trading Discussion / Re: Hypothetical Arbitrage Question
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on: February 01, 2014, 01:55:57 AM
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Your profit depends on the btc price in 6 or more months, rather than fee. MtGOX btc is like combination of 6 or 12 months CDs and future contract, which you cannot withdraw for deposit terms. Also, you need to be patient against default risk and frustration for their nontransparent support, which is like seller of CDS or buyer of junk bonds.  That's why you can expect higher return than spot forex. Why does it take so long? Their forum walk-through says about 5 days for initial bank information verification. |
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13
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Economy / Trading Discussion / Hypothetical Arbitrage Question
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on: January 31, 2014, 01:49:15 AM
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Suppose I buy 1 Bitcoin at Coinbase today for $803.00, transfer it to Mt. Gox and sell it for $940.00 and request the funds via wire transfer to be deposited in my U.S. checking account. Will I make a profit after wire fees? How much money in fees would I be looking at? Could someone who has "been there" fill me in? Thanks.
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17
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Economy / Service Announcements / Re: Bitcoin Rain
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on: July 28, 2013, 04:52:00 PM
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At leat MY site, rainingbitcoin.com is legit. YOU are in control of how much you pay to advertise your site, and we have free online games. Get some coin today at www.RainingBitcoin.com ! I'm laughing for about 15 mins from this post  ! LOL glad i could amuse you, lol.  |
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