Quote:
Originally Posted by DWB
People only make money when they cash out. Just about everyone I've seen post on various boards claim to be long term for btc and are not actually cashing out, hoping it will continue to climb.
Having money in it is more or less meaningless until the day you cash out. So the better comment is, if you cashed out today you would have around an 80% return. Which is fantastic.
I wonder who had the nads to put in 10k, 20k, 50k+ back when it was low.
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haha, well yes, you're correct, :p
MTGox has a cashout limit for withdrawing USD, but you can still sell the bitcoins for as much USD as you want and store it on MTGox. You'll just have to slowly withdrawal it.