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Author Topic: If i buy bitcoin at mt gox??  (Read 759 times)
Webby333
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February 23, 2014, 07:01:57 AM
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If i buy bitcoin at mt gox for what is it right now $280 I wouldnt be able to withdraw that bitcoin is that how i am understanding?

If anyone could help that would be great.

 it seems not real to be able to buy at that price when every other exchange is double that.
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odolvlobo
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February 23, 2014, 08:16:05 AM
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Depositing dollars or bitcoins at Mt. Gox is a gamble. You cannot withdraw anything from Mt Gox currently, and many people believe there is a good chance that you will never be able withdraw anything.

Buy stuff on Amazon at a discount with bitcoins or convert Amazon points to bitcoins: Purse.io
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February 23, 2014, 08:17:44 AM
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If i buy bitcoin at mt gox for what is it right now $280 I wouldnt be able to withdraw that bitcoin is that how i am understanding?

If anyone could help that would be great.

 it seems not real to be able to buy at that price when every other exchange is double that.

biggest risk taking no risk...
Neotox
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February 23, 2014, 08:19:16 AM
 #4

Mtgox has withdraw issue currently
so be aware stay safe

quarkyplum
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February 23, 2014, 03:47:34 PM
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Ditch mt gox
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February 23, 2014, 05:00:50 PM
 #6

You should avoid mt.gox right now ....

There is arbitrage between exchange, so if you find a website with a huge gap on price, it is probably not a good idea to use it

Kiki112
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February 23, 2014, 08:06:26 PM
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no, as I said on an earlier thread don't trade on mtgox, they have already lost our trust which makes them most likely unlegible to regain it and they can simply take your USD and run because their business is ruined and they have no profit with paying you..

beegatewood
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February 25, 2014, 02:42:34 AM
 #8

If i buy bitcoin at mt gox for what is it right now $280 I wouldnt be able to withdraw that bitcoin is that how i am understanding?

If anyone could help that would be great.

 it seems not real to be able to buy at that price when every other exchange is double that.


Nooo, thats why its so cheap....

SlidingHorn
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February 25, 2014, 03:15:12 AM
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Answer:  You'll have lost your money

http://blog.coinbase.com/post/77766809700/joint-statement-regarding-mtgox

Gox is all but dead now.

Luno
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February 25, 2014, 03:18:15 AM
 #10

Answer:  You'll have lost your money

http://blog.coinbase.com/post/77766809700/joint-statement-regarding-mtgox

Gox is all but dead now.

Coinbase is covering Gox costumers:
 "In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds."
SlidingHorn
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February 25, 2014, 03:21:35 AM
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Answer:  You'll have lost your money

http://blog.coinbase.com/post/77766809700/joint-statement-regarding-mtgox

Gox is all but dead now.

Coinbase is covering Gox costumers:
 "In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds."

I totally TL,DRd that...lol

SlidingHorn
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February 25, 2014, 03:26:36 AM
 #12

Answer:  You'll have lost your money
http://blog.coinbase.com/post/77766809700/joint-statement-regarding-mtgox
Gox is all but dead now.

What? Apparently you didn't read it. It just says that Coinbase (and others) are not like Mt. Gox. Nothing more.

Coinbase is covering Gox costumers:
 "In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds."

The post doesn't say anything about Coinbase "covering" Gox customers (whatever that means). They are talking about Coinbase customers.


The original article (they revised it minutes after posting) had confirmed MtGox's insolvency.  They're done.

TrailingComet
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February 25, 2014, 04:26:17 AM
 #13

As a newbie you should go nowhere near MtGox


trexbtc
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February 25, 2014, 05:06:44 AM
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You are not able to buy bitcoin there anymore. Avoid websites with a huge gap on price
Sheldor333
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February 25, 2014, 10:21:21 AM
 #15

If you have any btc now, I would suggest put them in cold storage and lay low for a while. When their price goes up and there is some exchange that is okey then go for it.

dude is fine
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February 25, 2014, 11:08:57 AM
 #16

If you have any btc now, I would suggest put them in cold storage and lay low for a while. When their price goes up and there is some exchange that is okey then go for it.
+1 patience is virtue Smiley
RileyN
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February 25, 2014, 11:30:11 AM
 #17

If you buy bitcoin at mt gox you're the weirdest guy ever Smiley It's too risky atm.
oriel2
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February 25, 2014, 01:50:49 PM
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No longer able to - why on earth would you have wanted to 2 days ago though! They are down and out!
Kaligulax
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February 25, 2014, 02:41:53 PM
 #19

If.... if....
stop...
dont.... that is solution... Smiley
but... as someone already said: "biggest risk taking no risk"

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February 25, 2014, 03:33:54 PM
 #20

If i buy bitcoin at mt gox for what is it right now $280 I wouldnt be able to withdraw that bitcoin is that how i am understanding?

If anyone could help that would be great.

 it seems not real to be able to buy at that price when every other exchange is double that.


stay away mtgox  Shocked

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