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Author Topic: MtGox USD withdrawals and deposits will soon be processed!  (Read 4805 times)
ogrgat
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August 10, 2013, 03:47:14 PM
 #41


LOL

can you imagine the rate of inflation, i can't

this thing is beyond retarded...

how can bitcoin fail when this is the alternative?


I dont think its retarded, its just marketing strategy ... if they are success they will stop this 200 % bonus soon ...

and if they grow big enough, lets say to similar position as bitcoin is - market cap - 11 Milions bitcoin x 90 usd ... its plenty of usd, they wont care they gave away 10 000, 50 000, 500 000 usd at the beggining in their advertisement campaign.

Bitcoin also started as a silly project with a silly "mining" ... you could buy 1 Btc for 0.1 Usd ... and few lucky and "retarded" ones did ... and right now they have 900x more for their investment Smiley
ogrgat
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August 10, 2013, 03:50:35 PM
 #42

If and when withdrawls start being processed again, I expect that arbitrage would slowly come back online, narrowing the present gap between Mt. Gox and other exchanges from its current ~8% to something more like 3-4% (perhaps less, depending on the number of people with Trusted verification on Gox). I expect that this won't cause too much drift in the price aside from reconciling the exchanges, since any money that wanted to leave the system probably either has done so or hasn't been spent on anything but "get in the withdrawl queue" any time recently, and deposits have presumably been going to other (cheaper) exchanges.


yea sure thing gap goes slowly back to 0

I am also waiting for a usd withdrawal and am worried a lot about my money :/ ... but if I get my money to my bank account will sell another Btc while there is gap to earn as much as possible Smiley

If i receive money will let you inform ...
mechs
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September 16, 2013, 06:27:33 PM
 #43

If and when withdrawls start being processed again, I expect that arbitrage would slowly come back online, narrowing the present gap between Mt. Gox and other exchanges from its current ~8% to something more like 3-4% (perhaps less, depending on the number of people with Trusted verification on Gox). I expect that this won't cause too much drift in the price aside from reconciling the exchanges, since any money that wanted to leave the system probably either has done so or hasn't been spent on anything but "get in the withdrawl queue" any time recently, and deposits have presumably been going to other (cheaper) exchanges.


yea sure thing gap goes slowly back to 0

I am also waiting for a usd withdrawal and am worried a lot about my money :/ ... but if I get my money to my bank account will sell another Btc while there is gap to earn as much as possible Smiley

If i receive money will let you inform ...
Did you ever get your money?  It been 6 weeks now..
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