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Author Topic: Mt Gox outragious 3% now, then 6.5% transaction fee  (Read 2998 times)
chungenhung (OP)
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July 02, 2011, 02:06:24 AM
 #21

making what mistake?
the transaction fee I post on the first post is based on the support ticket mtgox response.

Was just stating fact on what I learned from their CS team, and letting people aware that there are better options out there.
I was a big mt gox user, but their lack of service/competency have made me switch to tradehill.

Yup, and that is a mistake on their part.  A trivial mistake.  And a common one.  For example, Verizon's call center staff doesn't seem to understand the difference between 0.02 dollars and 0.02 cents.  Read more here.

Now how do you explain the gibberish I quoted before?

For the next 25 days or so, certain traders affected directly by the Mt Gox rollback have zero commissions.  That accounts for the historically narrow spreads.
Really? you would take zero commisions on a ROLLBACK?
Someone could have made millions buying them at $0.01.
Can you imaging the stock/forex market having to ROLLBACK?
Not that I bought any at $0.01, but Mt Gox should be the one footing the bill.
If they want to offer a trading platform, they better be tight on security and have tons of insurance.
Fact is, it is Mt. Gox fault, and in the end, they paid nothing for their mistake.
Explain what? Gibberish?
I am not getting what you are trying to ask.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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tomcollins
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July 02, 2011, 02:33:41 AM
 #22

Sounds like they hired from Verizon customer service:

http://verizonmath.blogspot.com/2006/12/verizon-doesnt-know-dollars-from-cents.html
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