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what is the mt gox chart actually showing
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slowlyslowly
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what is the mt gox chart actually showing
February 09, 2014, 02:00:35 AM
#1
Hi
I follow the mtgoxlive graph on their site. if i read the comments in this forum correctly you currently cannot even get bitcoins offered for sale through them back to your wallet ie there is trading halt while they do system changes....
so what do the figures in the chart actually mean? ie what sales are they actually based on?
thanks
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There are several different types of Bitcoin clients. The most secure are
full nodes
like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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jongameson
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Re: what is the mt gox chart actually showing
February 09, 2014, 02:11:49 AM
#2
what's it showing?
that my block erupter cube will be cheaper as time goes by?
keithers
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This is the land of wolves now & you're not a wolf
Re: what is the mt gox chart actually showing
February 09, 2014, 02:14:18 AM
#3
You can still trade and deposit (im assuming), you just cant withdraw (which is pretty important).
max.
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Re: what is the mt gox chart actually showing
February 09, 2014, 05:02:42 PM
Last edit: February 09, 2014, 06:35:49 PM by max.
#4
How could a company that is not selling and buying bitcoins show a live price of bitcoin, this tell me that everything is a fantasy and a scam.
The price from mtgox is not real.
Barek
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Re: what is the mt gox chart actually showing
February 09, 2014, 05:10:21 PM
#5
You realize that exchanges do not buy and sell bitcoins, right? They match buy and sell orders.
The fluctuations right now are based on differences of opinion from people on whether or not BTC can be withdrawn on Monday.
giszmo
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Re: what is the mt gox chart actually showing
February 09, 2014, 07:17:29 PM
#6
The chart shows how much people value the MtGox non-redeemable BTC tokens expressed in MtGox non-redeemable USD tokens.
While before people were rushing to BTC on gox as these were redeemable, maybe they rush now to USD as these are more likely to be enforceable in a court of law.
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