FujiDreyer
Posts: 1
Joined: Sat Mar 09, 2019 1:49 am

Relationship between Bitcoinica and Mt Gox

Sat Mar 09, 2019 1:59 am

Can someone explain to me, a true Bitcoin novice, what the difference between Bitcoinica and Mt Gox are? As I understand it, they are/were Bitcoin exchanges (i.e. offering both offering the chance to buy/sell Bitcoin and speculate on price movements). Why, then, did Bitcoinica hold deposits on the Mt Gox exchange (that it is trying to recover after Mt Gox's collapse)? Any explanation of how these two relate to each other would be much appreciated!

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