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Old 02-21-2014, 11:40 AM  
NEW XTC
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Join Date: Jun 2010
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Quote:
Originally Posted by PSD View Post
Can someone explain, their site states bitcoin withdrawls are affected and defining that as sending bitcoin to another bitcoin address outside of their system but that currency withdrawls are fine. So if someone wants to buy some bitoin there and then withdraw the equivalent currency they still can - just not send bitcoin to someone outside of MtGox?

So if someone wants to buy some bitoin there and then withdraw the equivalent currency they still can = wrong

If you have cash there - you may be able to take that cash out...no loss or gain, but why would you? (when you can profit on it instead).

If you have BTC there you can not take it out - except by trading it for (a recent average of 0.35 to 0.39 Per - thats dropping fast) at https://www.bitcoinbuilder.com

So your BTC is "Stuck" in there.

If it were easy to get fiat currency into their system (it may be for some traders, especially Japan locals) then you can make quick easy money capitalizing on this clusterfuck - MANY are doing that right now.
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