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Author Topic: Should I spend all my money locked into mt.gox on bitcoins?  (Read 3293 times)
mackminer (OP)
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February 22, 2014, 10:33:10 AM
 #1

I mean surely if I can't get my bitcoins then I can't get my cash.

Any opinions appreciated.

Thanks.

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sebdude420
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February 22, 2014, 10:46:51 AM
 #2

yea man buy up dem cheap coins! they will open doors soon. have faith in mtgox

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February 22, 2014, 10:50:00 AM
 #3

yea man buy up dem cheap coins! they will open doors soon. have faith in mtgox
Same here
Searing
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February 22, 2014, 10:51:08 AM
 #4

I mean surely if I can't get my bitcoins then I can't get my cash.

Any opinions appreciated.

Thanks.

from what i understand the price is so low because people are trying to get $$$ for their in house gox bitcoin ...ie if www.mtgox.com
goes under you may get your $$$ back or partial but not clear if bitcoin is considered "real money" so that would be a complete loss

(in other words gox could declare they have 20mil in debts (currency) and just blow off the 300 million in bitcoin ..in that bankruptcy
laws would consider that monopoly money and not covered

frack ..that is what they are probably arranging with their lawyers as we speak

i've no idea don't have any money in gox myself (have a verified account thou) so no idea what you should do

but that is why the price is so dang low concerns about the above i've seen on other threads

good luck hopefully it will all work out

Searing

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balanghai
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February 22, 2014, 10:55:59 AM
 #5

Just grab the coins all out. At least you have it at a very good rate. Hopefully you would just keep BTC and not dump it right away when it clears the house. This way, it helps the ecosystem. Maybe a few mBTC on every other day is still healthy and not a lump sum.  Grin
Sheldor333
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February 22, 2014, 11:06:16 AM
 #6

I would when the btc are cheap. Then first time you are able to withdraw get your btc and run to some other place. If you have a lot of money with them maybe it would be better not to spend it all.

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February 22, 2014, 11:37:31 AM
 #7

It's a risk and you could lose either way. I'd probably take the gamble on the cheap coins.

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orpington
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February 22, 2014, 11:44:33 AM
 #8

tough call - depends how much - probably BTC is the way - dunno really
mackminer (OP)
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February 22, 2014, 11:59:56 AM
 #9

Bought up the coins.....fingers crossed.

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February 22, 2014, 12:03:16 PM
 #10

r.i.p. OP's money
Abdussamad
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February 22, 2014, 12:04:13 PM
 #11

Bought up the coins.....fingers crossed.

I hear you can sell the coins for real btc on bitcoin builder and double your money.
YourFriendlyNig
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February 22, 2014, 12:06:52 PM
 #12

Bought up the coins.....fingers crossed.

I hear you can sell the coins for real btc on bitcoin builder and double your money.
I'm pretty sure you can.


http://www.reddit.com/r/Bitcoin/comments/1yh9mr/are_your_usds_stuck_on_mtgox_congratulations/
Abdussamad
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February 22, 2014, 12:14:52 PM
 #13

Bought up the coins.....fingers crossed.

I hear you can sell the coins for real btc on bitcoin builder and double your money.
I'm pretty sure you can.


http://www.reddit.com/r/Bitcoin/comments/1yh9mr/are_your_usds_stuck_on_mtgox_congratulations/

Uh huh. That's where I read it too. But I also read on bitcoin markets sub reddit that bitcoin builder was down or no longer functional. The OP will have to try it and let us know how it goes.
porcupine87
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hm


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February 22, 2014, 12:28:19 PM
 #14

I mean surely if I can't get my bitcoins then I can't get my cash.

Any opinions appreciated.

Thanks.

Can I ask you, why you still haad fonds on Gox, when you knew they had withdrawal problems all the time?

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
YourFriendlyNig
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February 22, 2014, 12:33:00 PM
 #15

Bought up the coins.....fingers crossed.

I hear you can sell the coins for real btc on bitcoin builder and double your money.
I'm pretty sure you can.


http://www.reddit.com/r/Bitcoin/comments/1yh9mr/are_your_usds_stuck_on_mtgox_congratulations/

Uh huh. That's where I read it too. But I also read on bitcoin markets sub reddit that bitcoin builder was down or no longer functional. The OP will have to try it and let us know how it goes.
Well, It is online AFAIK.

https://www.bitcoinbuilder.com/
Bitcoinpro
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February 22, 2014, 12:35:26 PM
 #16

Hold like its better than Gold, obvious ploy to get people to sell, as long as it has the most powerful computer network protecting it I wouldn't be selling anytime soon.

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mackminer (OP)
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February 22, 2014, 12:52:26 PM
 #17

I mean surely if I can't get my bitcoins then I can't get my cash.

Any opinions appreciated.

Thanks.

Can I ask you, why you still haad fonds on Gox, when you knew they had withdrawal problems all the time?

It takes a while to get them out...

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vnvizow
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February 22, 2014, 12:56:10 PM
 #18

Do it, the next spike is expected in 2-4 months
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February 22, 2014, 01:48:29 PM
 #19

The price is low enough.

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February 22, 2014, 01:51:46 PM
 #20

is it posssible to deposit fiat into mtgox?

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