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Author Topic: ¿Why in mtgox BTCs are more expensive?  (Read 2134 times)
rqm (OP)
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September 01, 2013, 06:09:38 PM
 #1

than bitstamp, for example
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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marcovaldo
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September 01, 2013, 06:10:21 PM
 #2

Maybe you can do a research and don't ask something for the 10000000000 time

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paterbitcoin
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September 01, 2013, 07:10:46 PM
 #3

Mtgox is risky, because of this price gap. You can't withdraw from MTGOX, they are not processing withdrawals so watch out.
nasthedon
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September 01, 2013, 07:15:45 PM
 #4

Because they don't pay real money for your bitcoins now.
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September 01, 2013, 09:30:00 PM
 #5

When the withdrawals are theoretical (as in, it takes forever to withdraw if you even ever can) then you can jack up your rates to try and get more people onto your exchange. There have just been too many problems at MtGox to use reliably, which is why you see a lot of exchange sites using BitStamp or other exchanges for their BTC exchange pricing. We'd all love to be able to get MtGox's inflated rate when we cash out to fiat currency, it just doesn't happen without too many speed bumps.
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September 01, 2013, 10:51:00 PM
 #6

Things to consider:
They've caused crashes before due to instability.
Its one of the most well known exchanges.
They been in legal trouble.
Issues with withdrawing for people.
They require lots of info to get started.

Many of these could be the causes of the higher prices on their sites.
odolvlobo
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September 02, 2013, 01:32:50 AM
 #7

Because they don't pay real money for your bitcoins now.

That is the real answer.

MtGox is having trouble processing dollar, euro, etc. withdrawals. Some people have been waiting 4 months for their money. As a result, people with money stuck in MtGox buy bitcoins and then withdraw the bitcoins.  Most people on MtGox want bitcoins but don't want money and that makes the bitcoins more expensive.

Some people think that they can make some money by buying bitcoins on another exchange and then selling them on MtGox for a higher price. However, this is a trap because once you sell the bitcoins on MtGox, you are stuck.

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September 02, 2013, 04:25:04 AM
 #8

Because nobody can withdraw fiat and their USD is imaginary play money. USD holders are buying BTC to withdraw.
bittymitty
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September 02, 2013, 04:59:30 AM
 #9

Because MtGox have failed hard and the banks have blacklisted them.  My bank even phoned me up to say they could not send payments to them any more!
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September 02, 2013, 05:43:24 AM
 #10

Because MtGox have failed hard and the banks have blacklisted them.  My bank even phoned me up to say they could not send payments to them any more!

Yeah gox has lots of customer complaints, and their bank accounts are having trouble.
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September 02, 2013, 07:01:48 AM
 #11

Because MtGox have failed hard and the banks have blacklisted them.  My bank even phoned me up to say they could not send payments to them any more!

US and allies probably put laudering mark to MtGox bank accounts without court order. Welcome to this world.

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September 02, 2013, 07:22:03 AM
 #12

Because MtGox have failed hard and the banks have blacklisted them.  My bank even phoned me up to say they could not send payments to them any more!

US and allies probably put laudering mark to MtGox bank accounts without court order. Welcome to this world.

I heard the banks were giving them trouble and feds are investigating gox now.
rqm (OP)
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September 02, 2013, 09:01:57 AM
 #13

Because nobody can withdraw fiat and their USD is imaginary play money. USD holders are buying BTC to withdraw.

Clear!
Thanks to everyone.
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September 02, 2013, 09:18:40 AM
 #14

Because the U S A gov.t took away $5M away from them. So they're taking as much buck as they can squeeze to recover the great loss. In short they are heading bankrupt.
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September 02, 2013, 09:20:44 AM
 #15

2 more weeks! 2 more weeks! Till you get your USD out!

sounds like the standard answer that's been heard for a long time Smiley
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September 02, 2013, 09:41:42 AM
 #16

Because the U S A gov.t took away $5M away from them. So they're taking as much buck as they can squeeze to recover the great loss. In short they are heading bankrupt.

Do you have any proof for this statement?
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September 02, 2013, 09:51:45 AM
 #17

I am a bit of a newbe to, i got o lot, lot of bitcoins, but never sold tem before.
What exchange do suggest for a Dutch bitcoin holder?


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September 02, 2013, 10:01:54 AM
 #18

Because nobody can withdraw fiat and their USD is imaginary play money. USD holders are buying BTC to withdraw.

Clear!
Thanks to everyone.

I'm glad I answered your question!
rqm (OP)
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September 02, 2013, 10:26:33 AM
 #19

I am a bit of a newbe to, i got o lot, lot of bitcoins, but never sold tem before.
What exchange do suggest for a Dutch bitcoin holder?



I would say Bitstamp, it's cool and even cooler if you're european. But I'm a little noob also.
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September 02, 2013, 10:28:14 AM
 #20

I am a bit of a newbe to, i got o lot, lot of bitcoins, but never sold tem before.
What exchange do suggest for a Dutch bitcoin holder?



Yes bitstamp or localbitcoins.

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