Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
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Topic: Bitcoin down to $569?? (Read 2653 times)
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there shoul be more newcomers who are selling BTC right away it is mined, it will change when diff rises and they will stay smarter.
the current trend has little, or nothing to do with gox.
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
MtGox has bitcoin and cash debts, so some bitcoins will have to be sold to cover the missing money. It's possible MtGox will have another 'oops, we found some cash down the back of the couch!' moment but I wouldn't count on it.
I think the 200k bitcoins is not yet sold. The market is just anticipating they would be selling the bitcoins.
markets are reactive, not proactive. you clearly have no idea.
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
Crash the Bitcoin price to nothing, use that price to calculate debt -> all debt paid. And something left for the lawyers and MK.
Well wow, thats really evil. So yeah, you are right, Gox gonna do that.
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
Crash the Bitcoin price to nothing, use that price to calculate debt -> all debt paid. And something left for the lawyers and MK.
I buy a fixed usd amount of BTC every week, so I get more
if the price is lower, and that is a good thing if you believe
like I do that a single satoshi will match 1 usd within 20 years (Sooner if China demands debt payment).
So that being said invest only what you can afford to loose.
if the price is lower, and that is a good thing if you believe
like I do that a single satoshi will match 1 usd within 20 years (Sooner if China demands debt payment).
So that being said invest only what you can afford to loose.
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
It will be the 4th time it will hit $400 imo.
Then its on its way up once mtgox is forgotten.
Then its on its way up once mtgox is forgotten.
It depends on the mtgox liquidator. If he is selling 200000 Bitcoin to pay off creditors, then the price will fall a lot further.
the Liquidator can not sell right now since the suit is in evolving.Also there is a Bankruptcy protection for the customers .After the jurisdiction is made the process of distribuiting the funds is possible
I Bought fractions on the way down will sell on the next upswing.
Cosmofly predicted this way in advance and I thank him for it otherwise I would've bought at $700 like most people here were saying buy
Cosmofly predicted this way in advance and I thank him for it otherwise I would've bought at $700 like most people here were saying buy
I think the 200k bitcoins is not yet sold. The market is just anticipating they would be selling the bitcoins.
markets are reactive, not proactive. you clearly have no idea.
It depends on the mtgox liquidator. If he is selling 200000 Bitcoin to pay off creditors, then the price will fall a lot further.
Did MtGox have creditors that are senior to depositors?
Sellers have to be done selling before the next rally, by the end of May if price cycle history repeats
christmas.
Sellers have to be done selling before the next rally, by the end of May if price cycle history repeats
As I wrote somewhere else, I see an incoming freefall for Bitcoin, maybe to go low as 200/300 dollars.
Then, after a month, it will go back to 600.
Then, after a month, it will go back to 600.
If you believe its going to be worth more in the future you should Buy NOW.
Otherwise wait until it goes up in price.
Otherwise wait until it goes up in price.
it is a remarkable thing, folks tend to make their buy orders after a drop, in my opinion, you should always buy; on the way down.
commodities aren't really designed for lunch-box joes. if you are trading stocks, you should always think that it's a long term investment, and DON'T SPEND ANY MORE THAN YOU CAN AFFORD TO LOSE.
If you believe its going to be worth more in the future you should Buy NOW.
Otherwise wait until it goes up in price.
Otherwise wait until it goes up in price.
hope is a fake concept, I see the current trend continuing at least through the summer. remember bitcoin is a long haul, it was designed to be like that so don't expect to be able to command your income with it's volatility. if you can't stand the heat....
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