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by kybernetyk 4682 days ago
> Even if you get 9% extra for waiting?

I'd rather get 10% less now than possibly nothing later.

2 comments

So you picks your horses and you takes your chances.
then you have a poor understanding of money.

1) there is nothing to indicate that mt gox is insolvent so its not a matter of if, its a matter of when.

2) we can track their volume, its looking pretttttty good right now.

3) 10% every 7 weeks is not a bad roi. that's just shy of 100% return for a glorified short term loan.

> then you have a poor understanding of money.

Nah, I'm just not a gambler. I know when to get out of a deal and take a small loss instead of going broke later.

And the US government seizing funds of a company I have money parked in is a pretty strong signal to get out.