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February 09, 2014, 10:37:26 AM

Finally the solvent exchanges are successfully decoupling from Gox. Is it possible to have goxBTC at $300 and realBTC > $600 ??

Funnily enough something like that could end up saving Mt.Gox. If you're getting a 50% spread quite a few people who can handle the risk would be wiring large sums of money into Gox' coffers. Restoring the imbalance created by months of Gox leading the prices by 100$ or more. It would be a neat example of a self-correcting problem.

I've actually been thinking about recklessly wiring some money to gox, so I think this scenario is possible (never underestimate greed). I decided against it after about 7 seconds,... mainly for tax reasons and because I don't want to have to deal with the risk. Also because I'm pissed at gox and because I don't want to hear: "goxxed once? shame on gox. goxxed twice? shame on you".