We are fine. We have already moved nearly all of our trading off Gox, because we max out their monthly limits in 5 days. All of the exchanges we use are fully operational with no delays in trading or withdrawals.
Could you please Help me here
Lets take a example scenario
your customer ..say a bicycle vendor ... quotes a bicycle as = 1 BTC on his website. that time BTC is = $70.
This bitpay Customer (cycle seller) Sells 10 bicycles to Mr. CoinCrazy.... that time BTC is = $75.
You (bitpay) receive BTC from the Mr. CoinCrazy (bicycle buyer) ..that time BTC is= $77
You credit your customer total of $
it could be $700 or $ 750 or $770 ... still I am ok with you crediting him the least bcause uptill here it its okYou go to your NON mtgox exchange 10 minutes later and sell these 10 BTC when BTC = $ 50 !!!!
what happens ??
alternatively IF you say you will only credit customer after selling BTC in your exchange, customer will get $ 500 which is way below his selling price ...so its just a matter of time before he folds up ??
TIA & regards