Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
Savior
on 09/12/2013, 14:19:31 UTC
I find it funny that anybody would still have money with gox seeing as one could easily have withdrawn btc and sold for a profit on other exchanges during the past few days.

Cancel your withdraws, buy BTC, wait until the price is slightly higher elsewhere and then sell. Violla, no more wiating for withdraw at gox.

If your in the EU, check out BTC-e, their EUR price is nice and they usually have next day transfers.

If you're in the US, try out coinbase, their price is the same as bitstamp and they deposit right to your bank account.

So simple...

I find it funny you think that's easy, timing the market in order to "sell for a profit on other exchanges during the past few days". It takes an hour to transfer btc, there's a chance of Gox holding your btc transfer and during that time the market might as well drop leaving you with a loss. Oh well.

So transfer the btc to bitstamp first? not that hard, unless you have zero bitcoins left elsewhere.

You're not reading my post. It's not that easy for people who are full fiat on Gox.
And your not reading mine. If you have bitcoins elsewhere, which you should have. You can transfer to bitstamp and sell there while buying at the exact same time on mtgox. Any amount of btc, you can do this with. But faster with more. Zero extra risk, if you trust bitstamp.