Post
Topic
Board Altcoin Discussion
Re: The Largest $ Monetary TWEET in History Happened Yesterday with Cryptocurrency
by
bomb7
on 17/03/2014, 06:22:24 UTC
Huh? It takes all of one second to "convert to cash" They already did it. Probably cost 4 cents.

Not sure where you get your information from, but it's wrong and angry.

4 cents?

Why don`t you tell us what the spread is between usd-doge and doge-usd? The exchanges used to buy and sell the Doge are taking a significant cut, you can be sure.

By spread, I mean difference between the buy price and the sell price.

So if you buy Doge at $4/5000 then donate it, and the receiver cashes out at $3.60/5000 - guess what, 10% has been gobbled up by the exchanges.