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Why would that anyone holding a lot of coins need some incomparably small sum from MtGox while he can clearly make more selling it before the meltdown on other
by brokenmusic 13y ago
Why would that anyone holding a lot of coins need some incomparably small sum from MtGox while he can clearly make more selling it before the meltdown on other exchanges?
- kalleboo 13y agoBy propping up MtGox he'd be keeping the value of his Bitcoins up. If MtGox fails, there'll be a huge dip in the price of BTC across all the exchanges.
- brokenmusic 13y agoHe can also be the first to sell on another exchange and buy at the bottom. More profit, less risk.