Bitcoin Forum
May 04, 2024, 12:32:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > Mt. Gox market values
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Mt. Gox market values  (Read 677 times)
bitplanet (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 10


View Profile
January 27, 2014, 04:15:50 PM
 #1
Why are the Mt. Gox BTC values so much higher than other exchanges?  Is anyone paying that price?
1714782763
Hero Member
*
Offline Offline

Posts: 1714782763

View Profile Personal Message (Offline)

Ignore
1714782763
1714782763
Reply with quote  #2
1714782763
Report to moderator
1714782763
Hero Member
*
Offline Offline

Posts: 1714782763

View Profile Personal Message (Offline)

Ignore
1714782763
1714782763
Reply with quote  #2
1714782763
Report to moderator
1714782763
Hero Member
*
Offline Offline

Posts: 1714782763

View Profile Personal Message (Offline)

Ignore
1714782763
1714782763
Reply with quote  #2
1714782763
Report to moderator
How can the Bitcoin system be changed?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714782763
Hero Member
*
Offline Offline

Posts: 1714782763

View Profile Personal Message (Offline)

Ignore
1714782763
1714782763
Reply with quote  #2
1714782763
Report to moderator
1714782763
Hero Member
*
Offline Offline

Posts: 1714782763

View Profile Personal Message (Offline)

Ignore
1714782763
1714782763
Reply with quote  #2
1714782763
Report to moderator
1714782763
Hero Member
*
Offline Offline

Posts: 1714782763

View Profile Personal Message (Offline)

Ignore
1714782763
1714782763
Reply with quote  #2
1714782763
Report to moderator
leancuisine
Hero Member
*****
Offline Offline

Activity: 980
Merit: 1000


www.DonateMedia.org


View Profile WWW
January 27, 2014, 04:16:57 PM
 #2
Quote from: bitplanet on January 27, 2014, 04:15:50 PM
Why are the Mt. Gox BTC values so much higher than other exchanges?  Is anyone paying that price?
Due to the long waiting times to withdraw fiat out of Mtgox, I guess people are just buying and then withdrawing Bitcoins as it would be quicker.
Sonny
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
January 27, 2014, 10:39:22 PM
 #3
Quote from: leancuisine on January 27, 2014, 04:16:57 PM
Quote from: bitplanet on January 27, 2014, 04:15:50 PM
Why are the Mt. Gox BTC values so much higher than other exchanges?  Is anyone paying that price?
Due to the long waiting times to withdraw fiat out of Mtgox, I guess people are just buying and then withdrawing Bitcoins as it would be quicker.

Exactly.
People having been waiting for months to get their USD withdrawals.
Some decide not to wait anymore. They cancel the USD withdrawal, buy back some bitcoin, and make a BTC withdrawal instead.
HASHRA
Member
**
Offline Offline

Activity: 112
Merit: 10

HASHRA - MINING TO THE MOON


View Profile WWW
January 28, 2014, 02:50:50 AM
 #4
Yep, you can pretty much ignore the Mtgox price in USD... People like to use it as a guide because it always sounds higher but it's not a true reflection of the overall market.
HASHRA - MINING TO THE MOON
hilariousandco
Global Moderator
Legendary
*
Offline Offline

Activity: 3794
Merit: 2616


Join the world-leading crypto sportsbook NOW!


View Profile
January 28, 2014, 10:23:04 AM
 #5
Quote from: HASHRA on January 28, 2014, 02:50:50 AM
Yep, you can pretty much ignore the Mtgox price in USD... People like to use it as a guide because it always sounds higher but it's not a true reflection of the overall market.


Well, sellers like to use the gox price, buyers don't  Grin.
  ▄▄███████▄███████▄▄▄
 █████████████▀▀▀▀▀▀████▄▄
███████████████       ▀▀███▄
███████████████          ▀███
 █████████████             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
▌░▄▄░
▄▄█████▌██▄▀█████▄▄
███▄████▌▐█▌█████▄███
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░████████░▐█▌░████████░█
█▀▀███▀░███░▐█▌░███░▀███▀▀█
▄▄▄░█▀░█░███░▐█▌░███░█░▀█░▄▄▄
███▀░░▀▀░░▀██░▐█▌░██▀░░▀▀░░▀███
▀███████▄███▀▀███▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀█  █▀█▀
▄▄  ▄█  ██  █▄  ▄▄
▄▄█ ▄▀█ █▀█▄▄█▀█ █▀▄ █▄▄
▀▄█ █ ███▄█▄▄█▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
█   ██████   █
█     ▀▀     █
█▀▄▀▄▀▄▀▄▀▄▀▄█
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
│
1500+
CASINO GAMES
│
CRYPTO EXCLUSIVE
CLUBHOUSE
│
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
Smileyftw
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
January 28, 2014, 12:07:32 PM
 #6
BTC values so much higher than other exchanges is a mystery !
skeroth
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
January 28, 2014, 01:09:46 PM
 #7
Solution is P2P exchange
CoinBurner
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
January 28, 2014, 07:45:59 PM
 #8
Has anyone managed to get a fiat withdrawal from MtGOx lately??
Cards4Coin
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile WWW
January 29, 2014, 12:24:40 AM
 #9
If you are in the US, getting USD out of Gox is pretty much pointless.  They have basically distanced themselves from the US market since the whole Dwolla account seizure and then the CoinLab fiasco.  The only way to get your money out in a timely manner is to convert it to BTC and withdraw it.
Sonny
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
January 29, 2014, 05:22:10 PM
 #10
Quote from: Smileyftw on January 28, 2014, 12:07:32 PM
BTC values so much higher than other exchanges is a mystery !

Not really.


Quote from: Sonny on January 27, 2014, 10:39:22 PM
Quote from: leancuisine on January 27, 2014, 04:16:57 PM
Quote from: bitplanet on January 27, 2014, 04:15:50 PM
Why are the Mt. Gox BTC values so much higher than other exchanges?  Is anyone paying that price?
Due to the long waiting times to withdraw fiat out of Mtgox, I guess people are just buying and then withdrawing Bitcoins as it would be quicker.

Exactly.
People having been waiting for months to get their USD withdrawals.
Some decide not to wait anymore. They cancel the USD withdrawal, buy back some bitcoin, and make a BTC withdrawal instead.
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > Mt. Gox market values
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!