Quote:
Originally Posted by NEW XTC
Let's see...hmm right at this moment there is a dude on bitcoinbuilder looking to trade 100BTC (approx $53,000 USD) into Gox coin - you think that this pro trader might know something you may not? All those people trading real coin for gox are just throwing their $ into a sewer hole? I doubt it.
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Speculators, doing the same thing many of us did: putting money into Mtgox in case we can get some very undervalued BTC out. Saying it's some sort of wizardly financial move is a stretch -- we're speculating at best. I'm comfortable taking a complete loss, if it comes to that.
Shit-tons of money transact on the roulette wheels every day, too .. they don't have some secret knowledge the rest of us don't.
My conflict with what you're saying is that so few people here know much of anything about crypto currency, when you position this company as anything other than the Titanic after hitting an iceberg, you're likely to influence some loony-toon to put money they don't have to lose into an unsound investment. Maybe it works out, maybe it doesn't, but trading on another exchange gets you real coins that you can work with now ... with entirely the same upside picture if BTC does half of what many expect it to.