Post
Topic
Board Beginners & Help
Re: Is Bitscoins dead with this Mt. Goth Scandal?
by
tanzislam
on 01/03/2014, 10:11:45 UTC
This Mt.Gox fiasco is actually turning out in my favour. There are several escrow-based Bitcoin exchange sites (e.g. BitBargain, Localbitcoins, etc.) where many sellers set their asking prices based on the Mt.Gox exchange rate --- which has plummeted and has made it easy for me to buy Bitcoins at these places.

Obviously Mt.Gox-independent exchanges like BTC-e and BitStamp still have high and stable selling prices.

Arbitrage!