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> 2) There isn't actually that much volume compared real electronic exchanges. Just looking at the Mt Gox page from today it looks like $30MM USD worth of bitco
by ProblemFactory 13y ago
> 2) There isn't actually that much volume compared real electronic exchanges. Just looking at the Mt Gox page from today it looks like $30MM USD worth of bitcoins have been traded. Hard to make any real money off of that.
While it might have much less volume compared to a "real" exchange, MtGox fees are 0.6% of each transaction. $180k daily revenue is certainly "real money" for a startup.