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bitten (OP)
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May 13, 2013, 07:45:01 PM
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Someone has just paid $202.50 for HALF a bitcoin.  MtGox currently $117 for a hole bit coin.  Why?
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May 13, 2013, 07:46:53 PM
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In brief: Risk premium.
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May 13, 2013, 08:03:42 PM
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I would imagine chargeback fraud is very prevalent in these exchanges.
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May 14, 2013, 02:04:14 AM
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Quote from: bitten on May 13, 2013, 07:45:01 PM
Someone has just paid $202.50 for HALF a bitcoin.  MtGox currently $117 for a hole bit coin.  Why?

You sure that 0.5 bitcoin wasnt a casascius 0.5 physical coin? Thats what I seen.
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May 14, 2013, 11:03:26 AM
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Yep naively sold bitcoin on there a few years ago and got chargeback on every single one. Even after 6+ months! PayPal don't give a flying fuck about you're associated with bitcoin. They won't even reply to emails or fight your corner if you sell bitcoin, no matter how much evidence you have.
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May 14, 2013, 11:44:41 AM
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Hmm, so if you deliver paper key in tracked envelope?

Is there then possibility of chargeback?
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May 14, 2013, 12:17:32 PM
 #7
Probably yes. why? Because they can.

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May 14, 2013, 12:22:24 PM
 #8
Quote from: bitten on May 13, 2013, 07:45:01 PM
Someone has just paid $202.50 for HALF a bitcoin.  MtGox currently $117 for a hole bit coin.  Why?

Because 1. they can chargeback
2. they don't have any other way to buy btc
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