ppl seriously, someone would explain me slowly, what's the point continuing trading goxBtcs at 70%+?
where is the business case?
this is an absolutely great deal for the seller of the GoxBTC:
- he reduces some risks associated with Gox
- he gets a liquidable BTC and can sell for tripple price on Stamp (if likes to).
and a super risky thing for the gox buyer:
- he exchanges he's liquidable btcs for a nonliquidable btcs
- he exchanges high-value asset for a low-value eqvivalent.
so it's an absolutely imbalanced supply-demand deal. The one's owning a real BTC could push for much lower prices! (30-40% let's say).
in fact, someone having some cash at gox could have made a really nice business, by cash-> buy-low-value-gox-btc -> exchange for hihg-value-btcs -sell at bitstamp.
Or? am i seeing something wrong?