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Bitcoin Over $200
- wcoenen 13y agoThat's 200 mtgoxUSD, not USD. You're paying a premium if you want to pay for your bitcoins with mtgoxUSD. It's a public secret that mtgox is in fractional reserve mode because of the seizure of their Wells Fargo and Dwolla accounts[1], and then there's the money that they claim that Coinbase owes them[2]. [1] http://techcrunch.com/2013/08/23/feds-seize-another-2-1-million-from-mt-gox-adding-up-to-5-million/ http://techcrunch.com/2013/08/23/feds-seize-another-2-1-mill... [2] http://www.cryptocoinsnews.com/2013/09/14/mt-gox-responds-coinlab-lawsuit-5-5m-counterclaims/ http://www.cryptocoinsnews.com/2013/09/14/mt-gox-responds-co...
- swswsw 13y agoHi wcoenen, perhaps you meant Coinlab, not Coinbase.