MTGOX <-> BTC BID/ASK

[randonfamily]

If I want to sell my Gox coins to another Gox member how exactly does this work? Can someone guide me through the procedure. Here is my account:  http://imgur.com/a/MoufW
I mean how do you transfer internally when the coins go through the blockchain? Are you telling me the transfer bypasses the blockchain? Is there a procedural loophole I don't know about?
With trade values hovering in the sub-$300 I'm losing my confidence in Tokyo and will probably offload them before their exchange crashes. Looking at 60 to 70% but slightly negotiable to some extent. 

[1715095809]

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[Vycid]

If I want to sell my Gox coins to another Gox member how exactly does this work? Can someone guide me through the procedure. Here is my account:  http://imgur.com/a/MoufW
I mean how do you transfer internally when the coins go through the blockchain? Are you telling me the transfer bypasses the blockchain? Is there a procedural loophole I don't know about?
With trade values hovering in the sub-$300 I'm losing my confidence in Tokyo and will probably offload them before their exchange crashes. Looking at 60 to 70% but slightly negotiable to some extent. 

You're not gonna get those numbers. I just bought 39 goxBTC for 0.54 BTC each. Considering the volume I am fairly confident that is the real price right now.

[oxfeeefeee]

If I want to sell my Gox coins to another Gox member how exactly does this work? Can someone guide me through the procedure. Here is my account:  http://imgur.com/a/MoufW
I mean how do you transfer internally when the coins go through the blockchain? Are you telling me the transfer bypasses the blockchain? Is there a procedural loophole I don't know about?
With trade values hovering in the sub-$300 I'm losing my confidence in Tokyo and will probably offload them before their exchange crashes. Looking at 60 to 70% but slightly negotiable to some extent. 

It's not a loophole but a feature(and my guess is, this feature is what made it more difficult for Gox to fix the ongoing problem).
When you withdraw you coins, if you input an internal bitcoin address (i.e. address with private key held by Gox), you will be presented with options: do "Open Transaction" or not. the "Open Transaction" is unchecked by default.  if you choose to go with Open Transaction, you tx will go through the blockchain, but otherwise gox will handle it internally by just updating their DB.

And currently internal transaction is not affected as stated by Gox.

[btcinsight]

I am looking to sell 1GoxBTC for 60%

https://bitcoinbuilder.com/

The price is going down! Why?

Because they are with every day more waiting less worth. every longer it takes till god solves the problems, price will go down.

today i was keeping myself back with buying goxBTC, because tomorrow they are probably even cheaper.

i was tracking gox BTC accounts... its interesting to see, that they get more empty every day. why? i do not know... there is no explanation for that, because officially they are not making payouts, but money is still moving (away?).

Are you saying you know which addresses belong to gox? Care to share?

[randonfamily]

How exactly does this work?? I'm looking at my account and can't see how the transfer would work. There's this big box that says withdrawals have been paused.

Might sell for slightly less then. These very unstable fluctuations are giving me sleepless nights. $266. And that even after future withdrawals were assured? Why can't they implement account access and withdrawal services NOW?? I just don't understand this. Fixing their systems will work just as fine as when they allow customers to move their funds and coins. This is intolerably and butt-clenchingly scary.

[codro]

Everyone selling big amounts of goxBTC at the moment is arbitraging. You can easily make 50% in just a few hours by doing this:

1) Deposit into Gox via OKPay - it takes a few hours to clear.
2) Buy goxBTC
3) Sell goxBTC for "real" BTC at 0.6ish while the real price is 0.4

Example: at $250/goxBTC, for $10,000 you get 40 goxBTC, you can sell them for 24 realBTC. 24 realBTC on stamp at $625 equal $15,000.

4) You can send the real bitcoins back to OKPay and get ~$15,000.
5) You now have $15,000 to buy more goxBTC with.

Rinse and repeat and it's a money printing machine, a pretty fast and incredibly profitable arbitrage.

Prices are going down because there's a lot of competition between people doing this, so the market corrects itself.

[randonfamily]

If I want to sell my Gox coins to another Gox member how exactly does this work? Can someone guide me through the procedure. Here is my account:  http://imgur.com/a/MoufW
I mean how do you transfer internally when the coins go through the blockchain? Are you telling me the transfer bypasses the blockchain? Is there a procedural loophole I don't know about?
With trade values hovering in the sub-$300 I'm losing my confidence in Tokyo and will probably offload them before their exchange crashes. Looking at 60 to 70% but slightly negotiable to some extent. 

You're not gonna get those numbers. I just bought 39 goxBTC for 0.54 BTC each. Considering the volume I am fairly confident that is the real price right now.

Then I might let them go for 55 or 50% but really have to think hard about this. This is like a hostage situation where I have to pay a ransom to free my coins. A very unfair ransom.

http://imgur.com/a/MoufW

[zaradoz]

Hi,

Just a quick warning, the user techgeak300 scammed me last night for 0.3 realBTC. 
I guess he changed his username by now, if not, he's skype ID is basniper300.
Do not trade with him.

[TheFootMan]

Hi,

Just a quick warning, the user techgeak300 scammed me last night for 0.3 realBTC. 
I guess he changed his username by now, if not, he's skype ID is basniper300.
Do not trade with him.

Always use trusted escrow.

[TheFootMan]

Everyone selling big amounts of goxBTC at the moment is arbitraging. You can easily make 50% in just a few hours by doing this:

1) Deposit into Gox via OKPay - it takes a few hours to clear.
2) Buy goxBTC
3) Sell goxBTC for "real" BTC at 0.6ish while the real price is 0.4

Example: at $250/goxBTC, for $10,000 you get 40 goxBTC, you can sell them for 24 realBTC. 24 realBTC on stamp at $625 equal $15,000.

4) You can send the real bitcoins back to OKPay and get ~$15,000.
5) You now have $15,000 to buy more goxBTC with.

Rinse and repeat and it's a money printing machine, a pretty fast and incredibly profitable arbitrage.

Prices are going down because there's a lot of competition between people doing this, so the market corrects itself.

How fast are the OKPay transfers? I've heard that it might be hit and miss, and sometimes it takes a long time?

[Bitsinmyhead]

Has anyone been paid real BTC by bitcoinbuilder in the last 24 hours?

[karapuzo]

Yes, I got a payment of real btc about 3.5 hours ago from bitcoinbuilder, I am verified there as I submitted verification docs a couple of days ago.

[AutoCoin]

Looking to exchange a 2012 DODGE RAM 1500 HEMI with only 12k original miles and accident free one owner. It's is a unique truck and loaded.
Exchange your GOX bitcoin for the truck. Truck is located in Dallas. TX and I can provide all info ( including vin#) and over 20 pics.
Whoever trade, is responsible for shipping and transfer.
MUST USE A TRUSTED ESCROW!!!!!
135 BTC GOX

[btcinsight]

I'm selling up to 80 goxcoin, 60%. Successfully transacted 50 gox with daburone. I can send first if you have good stats, we can also use escrow. PM me if interested.

[Bitsinmyhead]

Can't make a spectacular offer like AutoCoin, but I will sell you Gox BTC for 60% today.
I have been a member here since May 2011 and have made a lot of deals in this thread and on this site without any problems.

[imar2014]

Looking to buy Gox for Cash. Located sydney australia

[roy7]

How fast are the OKPay transfers? I've heard that it might be hit and miss, and sometimes it takes a long time?

One issue is that OKpay won't work with customers from the USA.

[dwdoc]

I am interested in trading my 90 bitcoin for your 167 goxcoin (.54). Longstanding member. Happy to use escrow.

[gog1]

Everyone selling big amounts of goxBTC at the moment is arbitraging. You can easily make 50% in just a few hours by doing this:

1) Deposit into Gox via OKPay - it takes a few hours to clear.
2) Buy goxBTC
3) Sell goxBTC for "real" BTC at 0.6ish while the real price is 0.4

Example: at $250/goxBTC, for $10,000 you get 40 goxBTC, you can sell them for 24 realBTC. 24 realBTC on stamp at $625 equal $15,000.

4) You can send the real bitcoins back to OKPay and get ~$15,000.
5) You now have $15,000 to buy more goxBTC with.

Rinse and repeat and it's a money printing machine, a pretty fast and incredibly profitable arbitrage.

Prices are going down because there's a lot of competition between people doing this, so the market corrects itself.

I don't see the hour to deposit to Gox via OKPay, how is that doable?  Do you send directly to mtgox wallet from OKPay?

[foxygoxy]

Everyone selling big amounts of goxBTC at the moment is arbitraging. You can easily make 50% in just a few hours by doing this:

1) Deposit into Gox via OKPay - it takes a few hours to clear.
2) Buy goxBTC
3) Sell goxBTC for "real" BTC at 0.6ish while the real price is 0.4

Example: at $250/goxBTC, for $10,000 you get 40 goxBTC, you can sell them for 24 realBTC. 24 realBTC on stamp at $625 equal $15,000.

4) You can send the real bitcoins back to OKPay and get ~$15,000.
5) You now have $15,000 to buy more goxBTC with.

Rinse and repeat and it's a money printing machine, a pretty fast and incredibly profitable arbitrage.

Prices are going down because there's a lot of competition between people doing this, so the market corrects itself.

I don't see the hour to deposit to Gox via OKPay, how is that doable?  Do you send directly to mtgox wallet from OKPay?

This is a horrible idea right now. I am waiting for almost 24 hours from okpay to gox now, support only says it will take 24-48 hours and I have to wait. Just hoping I get it before the press release tomorrow or I might be GOXXED again. But maybe that is what I deserve with this name