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Is bitcoin really selling for 150 USD? (12:05am PST)

2 pointsby vlokshinabout 11 years ago

2 comments

tlrobinsonabout 11 years ago
No, it&#x27;s not. The Mt. Gox price is disconnected entirely from other exchanges due to the inability to withdrawal either Bitcoin or dollars, and the uncertainty over MtGox&#x27;s solvency.<p>People on MtGox are effectively trading GoxDollars for GoxCoins. Someone setup <a href="https://www.bitcoinbuilder.com/" rel="nofollow">https:&#x2F;&#x2F;www.bitcoinbuilder.com&#x2F;</a> to trade GoxCoins for Bitcoins.
nostrademonsabout 11 years ago
No, Mt. Gox is selling Bitcoins that you will never be able to withdraw for $150 USD. Coinbase is currently listing a buy price of $611.21.