Post
Topic
Board Bitcoin Discussion
Re: Magic: the Gathering blockchain analysis? Also, theory of motive..
by
thethingis
on 20/02/2014, 22:16:20 UTC
Another note: people here seem to advocate buying Magic: the Gathering BTC for the eventual re-opening of withdrawals.

They do? Most people who suggest this get flooded with "bad idea" posts.

I compare it to playing "russian roulette".

Of course, if you like to gamble... it could pay off big (if MtG:OX is just terribly incompetent after all, and not actually malicious).

Well, some do. Smiley

I just read the idea in another thread that Magic: the Gathering could use their trade fee rake (if held in $) to buy BTC that they will never actually see. I hadn't considered the rake as a moderator. This would have the effect of raising the BTC / $$$ exchange rate on Magic: the Gathering, so seems like that's not what they're doing. If they held their rake in BTC, then they could just allocate that to the shortfall, perhaps with no effect on price.