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It's tempting to buy some bitcoin from mtgox just on a lark since the selling price is so low there. It's a heck of a gamble but would be a steal if they manag
by jakejake 13y ago
It's tempting to buy some bitcoin from mtgox just on a lark since the selling price is so low there. It's a heck of a gamble but would be a steal if they manage to pull themselves out of this mess.
- anigbrowl 13y agoValue is relative. I mean, would you like some Browlcoin for only $75? That's about 30% less than what BTC is going for on Mt Gox, so I think you'd be mad not to cash on this opportunity. Available for a limited time only, email me for more details :-)
- jakejake 13y agoWith all the recent news obviously I'm glad I didn't decide to buy on Gox! The difference in what I'm talking about is that Bitcoin was selling for $135 on Gox while simultaneously selling on other exchanges for $700. That's a hell of an arbitrage opportunity. Browlcoin may one day be a steal at $75 but the problem is that it currently has no recognized value anywhere. So that would be speculation, not arbitrage.