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Mine are all stuck in MtGox's clutch, I've just about tripled my current investment. I hope it doesn't crash before they give it up.
by KyeRussell 13y ago
Mine are all stuck in MtGox's clutch, I've just about tripled my current investment. I hope it doesn't crash before they give it up.
- zachlatta 13y agoI'd transfer them over to another exchange and sell them, if I were you. The USD price on Mt. Gox can be considered fake because nobody can get their money out.
- swishercutter 13y agoIs there a problem with USD withdrawls? It looks like I can transfer to my US bank account right now...and I have never had an issue.
- bdcravens 13y agoHave you performed a transfer recently? How long did it take? The prevailing experience is that yes, you can transfer, but you may have a 4-6 week wait.
- swishercutter 13y agoI have not tried in a bit...last time was 2 days. I have heard they had a backlog due to the withdrawl shutdown but of course that is speculation unless I try to transfer today and see how long it takes.
- bdcravens 13y agoBack in the day, yeah, it was a few days. Typical wire times. It's a much different story these days. You can transfer $100K out of a brokerage faster than you can get $100 out of Mt. Gox.
- stuhood 13y agoWell, you don't necessarily need to cash out to USD to withdraw from MtGox. Instead, you can transfer to an offline wallet with a few physical and/or cloud+encrypted backups.
- zachlatta 13y agoMy point is that the USD price on Mt. Gox isn't accurate because it isn't liquid. If money comes in, but never comes out, how can you know that money is worth x amount? If I give someone x money and they give me something in return that they say is worth the same amount of money that I gave them, but I can't actually get that amount for it, is it really worth that much?
- maaku 13y agobtc is easy to withdraw from mtgox...