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Perhaps because they think that there are only short-term gains to be had out of bitcoin? I'll take a hundred thousand real dollars now over a million bitcoins
by hugh3 15y ago
Perhaps because they think that there are only short-term gains to be had out of bitcoin? I'll take a hundred thousand real dollars now over a million bitcoins in 2013, thankyou very much.
MtGox has been fundamental to the whole pump-and-dump side of bitcoin so it wouldn't surprise me if they're manipulating the market.
- gst 15y agoI guess that they currently already earn something like hundread thousand dollars a month, based on the current volume and their trade charges.
- estel 15y agoAccording to http://www.smartmoney.com/invest/stocks/the-bitcoin-triples-again-1307638613180/?link=SM_hp_ls1e http://www.smartmoney.com/invest/stocks/the-bitcoin-triples-... they were making $40,000 a day. That's pretty incredible.