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Author Topic: MtGox - discount bailout for management  (Read 1065 times)
astr0train (OP)
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February 14, 2014, 08:14:31 AM
 #1

Anyone here thinking about what a great arbitrage opportunity the mtgox discount is creating for the management?

Even if they are insolvent due to scammers defrauding them via the "malleability" issue, clearly they could make a killing right now by buying at $300-$400 from their clients panic-selling, then sell the BTC on another exchange at $550-650.

They control the payments. The bailout is taking place right now.

Thoughts?

jr3951
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February 14, 2014, 08:16:12 AM
 #2

Anyone here thinking about what a great arbitrage opportunity the mtgox discount is creating for the management?

Even if they are insolvent due to scammers defrauding them via the "malleability" issue, clearly they could make a killing right now by buying at $300-$400 from their clients panic-selling, then sell the BTC on another exchange at $550-650.

They control the payments. The bailout is taking place right now.

Thoughts?



If you think they will be doing arbitrage to once again become solvent I suggest you buy some coins for when they open the fund gates
seriouscoin
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February 14, 2014, 08:16:56 AM
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Well, its already discussed here : https://bitcointalk.org/index.php?topic=464465.0

and yes.... its pretty obvious now isnt it? question is.... would you be able to control your greed enough not to be a pig?
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