<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt"><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><span style="font-family: Arial; font-size: 13px;">Brent Allsop <brent.allsop@canonizer.com> wrote:</span><br></div><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 16px; color: rgb(0, 0, 0); background-color: transparent; font-style: normal;"><span style="font-size: 12pt;"><br></span></div><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 16px; color: rgb(0, 0, 0); background-color: transparent; font-style: normal;"><span style="font-size: 12pt;">>And, where do you guys buy your Bitcoins, where do you hold them</span></div><div style="font-family: 'times new roman', 'new york', times, serif;"><div style="font-family: 'times new roman', 'new york', times, serif;"><div
class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">My first three purchases were at Mt. Gox. Since then I've made a couple of more at Coinbase. I store them now in my local wallet.</div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br>Mirco:</div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><span style="font-size: 12pt;"><br></span></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><span style="font-size: 12pt;">> Albeit the seizures of Dwolla e WF accounts were serious they do not put</span><br>> the solvency of MtGox in danger. <br></div><div class="y_msg_container"
style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">Do we know this for a fact? Has Mt. Gox released any information about its finances? I haven't seen any.</div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><span style="font-size: 12pt;">> Anyway, if people is in a hurry to get their fiat money, my</span><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">> understanding is MtGox allow them to request a expedited withdrawal that<br>> is manually processed by their bank and cost 5% of the sum transmitted.<br><br></div><div
class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">A 5% cost to get access to one's own USD in a timely fashion seems exorbitant to me. My experience with Coinbase has been much better, and I'm not even fully verified there.</div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><span style="font-size: 12pt;">> So I'm optimist with Bitcoin just because I see the previous system</span><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">> collapsing.<br><br>I'm optimistic, too, but staying away from Mt. Gox for now. Here is an interesting article about Mt. Gox, its problems, and the spread vs other exchanges:</div><div
class="y_msg_container"><br>How Bitcoin Spreads [at Mt. Gox] Violate a Fundamental Economic Law<br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><a href="http://www.forbes.com/fdc/welcome_mjx.shtml">http://www.forbes.com/fdc/welcome_mjx.shtml</a><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></div><div class="y_msg_container" style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">Gordon<br><br></div> </div> </div> </div></body></html>