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Is it wise to use MtGox nowadays?
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Topic: Is it wise to use MtGox nowadays? (Read 486 times)
Butters
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Is it wise to use MtGox nowadays?
January 03, 2014, 01:13:37 AM
#1
Thinking of funding my gox account with 6.x btc (~5.5k usd). Do you think it is wise to use this service nowadays?. My other option is to stay on Btc-e
None of them gave my any problem in the past, but none of them gives me confidence. But ive been out of the loop some time and want to know.
The change would be because i want to try out some trading bots
Kenshin
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Re: Is it wise to use MtGox nowadays?
January 03, 2014, 01:15:07 AM
#2
To use Gox or not depends on if you are in the US or not?
Butters
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Re: Is it wise to use MtGox nowadays?
January 03, 2014, 01:16:51 AM
#3
I am not in the Us, but in case of need to cash out, i would do it with bitcoins.
X68N
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Re: Is it wise to use MtGox nowadays?
January 03, 2014, 03:43:07 AM
#4
I like to warn you.
I thought the same, that gox is no problem to cash out in Bitcoins.
But then they started to delay the Bitcoin payout also.
Think about how you will feel when the price swings and your funds are up to 5 days "in the air" (locked and not send).
I dont know if this is fixed or not. I was so mad about this that i promised not to use them again.
(all the time they ignored my support ticket requests!)
Judge yourself.
YOBIT IS SCAM , YOBIT IS SCAM , YOBIT IS SCAM meine Steuerdatei:
https://bitcointalk.org/index.php?topic=612741.msg19244732#msg19244732
Butters
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Re: Is it wise to use MtGox nowadays?
January 03, 2014, 05:54:26 AM
#5
Thanks for your imput, yeah that's what i have been hearing on and off about Gox... was hoping that with the advent of new trading sites, the situation there would have normalized. I am gonna meditate on this a couple more days.
matt4054
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Re: Is it wise to use MtGox nowadays?
January 03, 2014, 05:57:40 AM
#6
I would also advise you to be careful, or at least expect delays with withdrawals.
Bitstamp
is a safe alternative, especially if you are in the SEPA zone.
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