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Bitcoin $500

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Re: Bitcoin $500

#2
Well now it must definitely be too late to invest. Don't even think about it guys. It's a ponzi scheme slash not real money slash libertarian wet dream. I'd rather trust helicopter Ben with my savings than some obscure open source software that eats 10Gb of my disk space.

Re: Bitcoin $500

#4
post #2

Well now it must definitely be too late to invest. Don't even think about it guys. It's a ponzi scheme slash not real money slash libertarian wet dream. I'd rather trust helicopter Ben with my savings than some obscure open source software that eats 10Gb of my disk space.

Honestly can't tell if that's satire. Might be a symptom of approaching senility.

Re: Bitcoin $500

#5
Correct me if I'm wrong, but isn't it impossible to withdraw USD from MtGox at this point? How can this be a viable source of BTC->USD comparison when the only thing you can do with a USD balance on MtG is buy?

Re: Bitcoin $500

#7
post #4
post #2

Well now it must definitely be too late to invest. Don't even think about it guys. It's a ponzi scheme slash not real money slash libertarian wet dream. I'd rather trust helicopter Ben with my savings than some obscure open source software that eats 10Gb of my disk space.

Honestly can't tell if that's satire. Might be a symptom of approaching senility.

It's just a Poe's Law: https://en.wikipedia.org/wiki/Poe's_law

Re: Bitcoin $500

#8

Correct me if I'm wrong, but isn't it impossible to withdraw USD from MtGox at this point? How can this be a viable source of BTC->USD comparison when the only thing you can do with a USD balance on MtG is buy?

It's not impossible, but it is difficult.

However - it's much easier to withdraw in Japanese and Chinese currencies. BTCChina is pretty close to GoxUSD.

Re: Bitcoin $500

#9
post #6
post #3

Its 470$ on bitstamp, please ignore mtgox rate, that site is unusable

So who's using it then?

It's very easy to withdraw from MtGox with Japanese and Chinese currencies. BTCChina is very close to GoxUSD in terms of price. The MtGox price is actually pretty accurate, bitstamp is the one that is lagging behind.
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