Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
surfer43
on 14/02/2014, 08:41:42 UTC
I'm thinking of buying a nice bunch of coins but dont know if I dare to transfer FIAT to Gox? Or should I go with Stamp?

If Gox fixes their BTC withdrawals problem before they fix their fiat withdrawal problems, the price there will go vertical, but I doubt you would be able to get your money there to trade before this happens. Even if it does, your fiat profits would be trapped for however long it takes to get it out, possibly forever.

Try to get your money to whichever exchange will let you buy before this transaction malleability problem gets fixed. I'm guessing you don't have much time.
I would suggest longing gox w/ leverage  Wink
That's a bad idea. The order books are very thin and one big move by another trader or bot could have you liquidated. Long might be a good idea but not with leverage.
I know. I did it  Grin
Then someone sold like 200 BTC  Angry
and the price went to 350
but now it is going up

But to be liquidated 5000 BTC would have to be sold  Undecided