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(p.1)
Author
Topic: Mt. Gox and other exchanges (Read 1161 times)
danoplus
(OP)
Newbie
Offline
Activity: 1
Merit: 0
Mt. Gox and other exchanges
June 10, 2011, 09:53:41 PM
#1
Just a stupid question...so where does Mt. Gox get all of the bitcoins from?
ironwolf
Member
Offline
Activity: 76
Merit: 10
Re: Mt. Gox and other exchanges
June 10, 2011, 10:13:13 PM
#2
Mt. Gox is an exchange. The bitcoins come from people who want to sell, and flow through Mt. Gox to people who want to buy.
detroit
Member
Offline
Activity: 69
Merit: 10
Re: Mt. Gox and other exchanges
June 10, 2011, 10:23:16 PM
#3
Right, understand that you're not buying coins FROM Mt. Gox (or TradeHill.com), they are the marketplace that connects sellers to buyers.
Tradehill.com referral code: TH-R1494
Please consider using it if I've said something useful!
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