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Showing 7 of 7 results by PeterBrand
Post
Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
PeterBrand
on 16/02/2014, 12:59:42 UTC
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?
Post
Topic
Board Service Discussion
Re: The MtGox Debacle Explained
by
PeterBrand
on 10/02/2014, 22:53:16 UTC
"We have discussed this solution with the Bitcoin core developers and will allow Bitcoin withdrawals again once it has been approved and standardized. "

But this is utterly absurd. It's most likely never going to happen, or it will take a very long time. And this is a very strange statement because it isn't that hard for MtGox to fix this problem. To check whether a transaction has got through or not is not using the transaction id, but instead compute a hash of:



it is.
look, if a bank, where you deposited your money would say 'sorry, we have some troubles, you can't access it' -- what would you say? unimaginable in today's world.

yet people are fine with their btcs and fiat stucked at mtgox for an unknown time.

unless someone has there only speculative capital affordable to loose (
bonus: if gox would be in trouble (whatever reasons - insolvency, etc...)... whouldnt' they behave exatly the same way? DIVERGE the attention from real problems via hot, controversial, lenghtily discutable technical mumbo-jumbo. this will keep people busy from the real' problems they might have.

in one word: if you are not diversified, overexposed, or at high stakes -> do risk management and try whatever possible to extract resources from gox TODAY
Post
Topic
Board Service Discussion
Re: The MtGox Debacle Explained
by
PeterBrand
on 10/02/2014, 22:33:20 UTC
You failed to mention the possibility that they are lying about it being a technical problem and that they do not have all the funds they claim to (I.e. Solvency).

Don't be naive to think that this is not a possibility.

Ponzi operators work in the exact same manner. They try to buy more time with vague excuses.

exactly!
+1
Post
Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
PeterBrand
on 10/02/2014, 12:51:36 UTC
I traded with Mota and Bitsinmyhead. mid-size transactions.

both were extremly nice.

thank you.

Post
Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
PeterBrand
on 10/02/2014, 11:06:51 UTC
anybody interested to buy goxbtcs, despite their news statement?
70%
8-20 btcs.
preferrably chunks.
preferred skype/whatsapp contact. or irc
pls send references.

PM me.
Post
Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
PeterBrand
on 10/02/2014, 09:10:28 UTC
im intereste to exchange goxbtcs to 'real'btcs.

ammount to be agreed, but about 22gox btcs.

make a bid if intersted.

preferred multiple transactions in smaller ammounts (in case if its by 1btc direct, if larger chunks then escrow only).

im available via skype(video) + willing to share identity (copy of passport)

PM me if interested.

Pls, if possible
- share whether you are willing to reveal personal identity (passport)
- video via skype
- what' your motivation (1-2 sentence)

I'll receive answers, evaluate and be available for exchange starting 10PM(GMT+1).

thank you.

somebody intersted in trading 5GOXBTCs? 75%. PM me.
ideally Skype account.
If not, pls demonstrate your trustability.
Escrow preferred, but negotiable.
Post
Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
PeterBrand
on 09/02/2014, 18:45:21 UTC
im intereste to exchange goxbtcs to 'real'btcs.

ammount to be agreed, but about 22gox btcs.

make a bid if intersted.

preferred multiple transactions in smaller ammounts (in case if its by 1btc direct, if larger chunks then escrow only).

im available via skype(video) + willing to share identity (copy of passport)

PM me if interested.

Pls, if possible
- share whether you are willing to reveal personal identity (passport)
- video via skype
- what' your motivation (1-2 sentence)

I'll receive answers, evaluate and be available for exchange starting 10PM(GMT+1).

thank you.