Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
Stuartuk
on 19/08/2013, 15:45:57 UTC
Or he could just convert the bitcoins from a reliable source and not risk having a bunch of important money caught in Mt. Gox limbo.

Sure but what is 'reliable' in the btc world??

If I had to offload 1000btc I wouldn't throw it all at or into one exchange/account. Exchanges can be hacked, now there is a risk of complete loss whereas you are talking of risk of a delay.

If Ken is using TradeHill why didn't he convert Monday and pay eASIC Tuesday? Because their claimed volume is 5x smaller than mtgox.

So taking 3-4weeks to sell hundreds of small batches or selling it all over 3days on gox then waiting for a wire transfer - which do you think would take the longest? There is a delay either way.