MtGox to Coinbase?

[Demolitionx]

Considering the large price difference between these two, can't you just buy a btc at mtgox and transfer to/sell it at coinbase or anywhere else that has a similar price? Is there something i'm missing? (sorry im kinda new to the whole thing).

[rmines]

Yes, they're delaying BTC / fiat withdrawals.

http://www.businessinsider.com/mtgox-halts-withdrawals-2014-2

Don't be tempted to make a quick profit, you'll lose your money.

[griffinriz]

But i read that it take minimum of 1 year to withdraw from MTGOX  

[Minefield4]

But i read that it take minimum of 1 year to withdraw from MTGOX  

ah...BUT if you buy low now, by the time you get your coints they will be worth so much more! Long distance trading FTW!

Seriously though, avoid MTgox like it's the plague.

[Sonny]

Yes, they're delaying BTC / fiat withdrawals.

http://www.businessinsider.com/mtgox-halts-withdrawals-2014-2

Don't be tempted to make a quick profit, you'll lose your money.

Exactly.

But i read that it take minimum of 1 year to withdraw from MTGOX 

ah...BUT if you buy low now, by the time you get your coints they will be worth so much more! Long distance trading FTW!

Seriously though, avoid MTgox like it's the plague.

It could be a few months, or a few years, or you will never see your btc and usd again

[infofront]

If you buy at Gox, there's a decent chance you'll never see your USD or BTC again.