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Old 02-25-2014, 12:00 PM  
NEW XTC
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Join Date: Jun 2010
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Quote:
Originally Posted by JoshGirls Josh View Post
he's actually describing what exchanges do...as other customers do not buy & sell from each other. on any given day there are more buyers then sellers, & vice versa. So customers buy coins off gox & put them in their wallet, or sell coins to gox & cash out. As such gox needs an inventory of cash & coins to cover all transactions, & the volatility of the coin's price does effect whether gox can stay liquid. This is financial economics 101.

wow you are one uninformed motherfucker. do you wear a helmet when you walk in the park?

um nope...they put cash on account ahead of any buy...ooops you dun fucked up
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