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Author Topic: Mt.Gox?  (Read 1039 times)
dimka (OP)
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December 16, 2013, 06:36:46 PM
 #1

Hey, I want to start buying and selling some bitocoins, is Mt.Gox the way I should go?
Westell
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December 16, 2013, 06:43:31 PM
 #2

Hey, I want to start buying and selling some bitocoins, is Mt.Gox the way I should go?
Definitely not.
Try bitstamp or localbitcoins instead.
dimka (OP)
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December 16, 2013, 06:46:01 PM
 #3

Hey, I want to start buying and selling some bitocoins, is Mt.Gox the way I should go?
Definitely not.
Try bitstamp or localbitcoins instead.
Any reason why? It's like saying "Don't use Mt.Gox because I said so". You are also more of a new guy...
GhanaGamboy
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December 16, 2013, 06:46:05 PM
 #4

Hey, I want to start buying and selling some bitocoins, is Mt.Gox the way I should go?

If you mean daytrading, definitively Bitstamp
cerleo
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December 16, 2013, 06:48:06 PM
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Yes,Bitstamp is a good choice-it's stable,good for trading.It's also quite fast and you don't have to wait that much when you make a transaction.
dimka (OP)
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December 16, 2013, 06:49:38 PM
 #6

Yes,Bitstamp is a good choice-it's stable,good for trading.It's also quite fast and you don't have to wait that much when you make a transaction.
Why is mt.Gox 760 right now and Bitstamp 709? why is there a huge difference?
huadylmate
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December 16, 2013, 06:53:02 PM
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Yes,Bitstamp is a good choice-it's stable,good for trading.It's also quite fast and you don't have to wait that much when you make a transaction.
Why is mt.Gox 760 right now and Bitstamp 709? why is there a huge difference?

You might never get the money out of MtGox, thats why.
Monthly withdrawal delays are reported
Villapoe
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December 16, 2013, 07:00:43 PM
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Yes,Bitstamp is a good choice-it's stable,good for trading.It's also quite fast and you don't have to wait that much when you make a transaction.
Why is mt.Gox 760 right now and Bitstamp 709? why is there a huge difference?

Because you can never get your fiat out from mtgox.
People have been waiting for months for their withdrawals to go through.
miningair
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December 16, 2013, 07:01:36 PM
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try coinbase if your based in the us
Contesa
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December 16, 2013, 07:15:43 PM
 #10

Hey, I want to start buying and selling some bitocoins, is Mt.Gox the way I should go?
Definitely not.
Try bitstamp or localbitcoins instead.
Any reason why? It's like saying "Don't use Mt.Gox because I said so". You are also more of a new guy...

Though his answer is not satisfactory, he is right.

This is a thread about MtGox withdrawal delays, and you can find a lot of sad story there. https://bitcointalk.org/index.php?topic=179586.0
Example 1: This guy initialed a withdrawal June, and didn't received it at the end of Nov.
https://bitcointalk.org/index.php?topic=179586.msg3727125#msg3727125
Example 2: This guy has been waiting since Sept.
https://bitcointalk.org/index.php?topic=179586.msg3870929#msg3870929
Mblackout
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December 16, 2013, 07:22:16 PM
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I have been using coinbase and its been super smooth.  it took me only a few days to get a verified account as opposed to mt.gox took me over two weeks.  I have lightly funded my account on mt. gox so i have not tired to withdraw, but looking at their site it doesn't seems to be a smooth processes.   Look at coinbase.com
dimka (OP)
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December 16, 2013, 07:39:05 PM
 #12

Thanks for the Replies, Mt.Gox is out of the picture, I'm going to go with Bitstamp, thanks again!
dimka (OP)
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December 16, 2013, 09:21:03 PM
 #13

How fast does it take for a transaction on bitstamp?
EndlessDreams
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December 16, 2013, 09:23:20 PM
 #14

How fast does it take for a transaction on bitstamp?

I'm wondering the same thing cause I recently join Mt. Gox and wont be using them after reading the links in this topic.
jongameson
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December 16, 2013, 09:25:34 PM
 #15

is a bitstamp similar to a tramp stamp
dimka (OP)
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December 16, 2013, 09:27:56 PM
 #16

is a bitstamp similar to a tramp stamp
Really? Just really?
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December 16, 2013, 09:29:20 PM
 #17

Thanks for the Replies, Mt.Gox is out of the picture, I'm going to go with Bitstamp, thanks again!
Yea, we see complains about Mt.Gox and BTC-e every single day out here. Never heard a single negative comment about Bitstamp.

Crypto news/tutorials >>CoinRamble<<                            >>Netcodepool<<                >>My graphics<<
dimka (OP)
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December 17, 2013, 06:16:36 AM
 #18

Thanks for the Replies, Mt.Gox is out of the picture, I'm going to go with Bitstamp, thanks again!
Yea, we see complains about Mt.Gox and BTC-e every single day out here. Never heard a single negative comment about Bitstamp.
Again, I thank the community for keeping me straight and to not screw up, I'm going to submit my verification information soon, seems like it takes 1-3 days to verify?
Nutecon
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December 17, 2013, 09:44:30 AM
 #19

Thanks for the Replies, Mt.Gox is out of the picture, I'm going to go with Bitstamp, thanks again!
Yea, we see complains about Mt.Gox and BTC-e every single day out here. Never heard a single negative comment about Bitstamp.
Again, I thank the community for keeping me straight and to not screw up, I'm going to submit my verification information soon, seems like it takes 1-3 days to verify?

Some takes a few days. Some take a week. The longest I have seen here is 10 days.
stuartcharles
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December 17, 2013, 10:12:32 AM
 #20

I found btc-e to be the best. Money can take a while to be credited to your account if its a wire transfer but its the cheapest and you can trade the other alts
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