Mt. Gox and other exchanges

Bitcoin Forum > Bitcoin > Bitcoin Discussion > Mt. Gox and other exchanges

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Topic: Mt. Gox and other exchanges (Read 1138 times)

danoplus (OP)

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Merit: 0

June 10, 2011, 09:53:41 PM

Just a stupid question...so where does Mt. Gox get all of the bitcoins from?

ironwolf

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Merit: 10

June 10, 2011, 10:13:13 PM

Mt. Gox is an exchange. The bitcoins come from people who want to sell, and flow through Mt. Gox to people who want to buy.

detroit

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Merit: 10

June 10, 2011, 10:23:16 PM

Right, understand that you're not buying coins FROM Mt. Gox (or TradeHill.com), they are the marketplace that connects sellers to buyers.

Tradehill.com referral code: TH-R1494
Please consider using it if I've said something useful!

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