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Author Topic: who uses MtGox CAD$  (Read 2012 times)
adamstgBit
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December 19, 2011, 06:45:39 AM
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why would anyone use mtGox CAD$!? Huh

please keep the CAD$ on the Canadian virtual exchange.

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December 19, 2011, 07:00:18 AM
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Liquidity, although Virtex is a lot better than it used to be.  It wasn't long ago that if you wanted to buy $1000 worth of Bitcoins, you'd end getting 50 or 60 for the going rate and the rest would be way over-priced.

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December 19, 2011, 07:07:55 AM
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Liquidity, although Virtex is a lot better than it used to be.  It wasn't long ago that if you wanted to buy $1000 worth of Bitcoins, you'd end getting 50 or 60 for the going rate and the rest would be way over-priced.

wasn't that true for MtGox CAD$ too?

Virtex has always had more volume then mtgox CAD, so wouldn't them mean Liquidity has always been better on Virtex
i think MtGox's CAD is hurting the Canadian bitcoin market.



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December 19, 2011, 07:26:17 AM
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why would anyone use mtGox CAD$!? Huh

please keep the CAD$ on the Canadian virtual exchange.

Bitcoin is the currency of the intelligent, right?

Canada has always ranked way way WAY higher in education than the US.    Cool

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December 19, 2011, 03:06:40 PM
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Liquidity, although Virtex is a lot better than it used to be.  It wasn't long ago that if you wanted to buy $1000 worth of Bitcoins, you'd end getting 50 or 60 for the going rate and the rest would be way over-priced.

wasn't that true for MtGox CAD$ too?

Virtex has always had more volume then mtgox CAD, so wouldn't them mean Liquidity has always been better on Virtex
i think MtGox's CAD is hurting the Canadian bitcoin market.


There is no separate market for each currency.  All they do is increase the spread on the US market by 2.5% and take it as a currency exchange fee.  You're actually buying/selling your Bitcoins on the US market.

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