Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
mightycount
on 23/01/2014, 00:24:00 UTC
So just me trying to use some common sense, can someone tell me, where does gox gets its money ?

Who is depositing cash on their site to buy bitcoin when there is a 100+usd premium compared with other xchanges?

I don't want to say that gox gonna die, but yeah gox gonna die.

Easy, people who are frustrated by inability to withdraw USD are forced to buy BTC for withdrawal. Thing is, this is a finite resource. Once exhausted, MtGox is dead.