Post
Topic
Board Beginners & Help
Re: MTGOX WITHDRAWALS ISSUE
by
RodeoX
on 25/09/2013, 15:31:02 UTC
I can't believe the price of btc/usd on mtgox still going up, people have no clue the issues there having. Makes this painfull to have to rebuy bitcoins at a high price and sell it off at another exchange for much less.
Some of us have no interest in exchanging BTC for fiat. I want bitcoin not USD. Therefore the lack of a way to withdraw cash is not an issue. Why not just spend your bitcoins on the stuff you would buy with dollars/Euro/etc. ?



I agree, we shouldn't have interest in that, im just thinking for the mass population. I think in order to really expand bitcoin we need proper exchanges working correctly, this will provide more stability for the bitcoin community.

My withdrawal was simply to cover some cost of mining equipment I paid for long time ago when we used to mine.
I agree with you also. Exchanges should be able to go both ways. I was just attempting an answer as to why the MtGox price keeps rising, despite the lack of withdrawal options. Personally i prefer paying with bitcoin. For example I will fund my account in advance in order to pay for my VPN service. By the time I have to pay the bill the price is likely to have gone up, and I get a discount.