Topic: Gox hits less than 250 a btc. Thoughts? (Read 1123 times)
Lots of bears on here keep saying BTC needs to crash and that it's over priced, but if BTC falls, won't it pull most, if not all, the other crypto currencies with it right now? BTC is still King of the Crypto Currencies. Lots of folks can only buy alt. coins by using Bitcoins.
Price on GOX means absolutely nothing to anyone who isn't trading with them.
It is purely just a clown number.
It is purely just a clown number.
Time to forget mtgox and move on, except for those still with btc/fiat stuck....
Due to the "mal..... bug" (or how was that thing called) Mt.Gox might have lost some BTC indeed. And the thing that is happening now, is like an ordinary 'bank run': there is a good change that mtGox doesn't have enough BTC (possible due to that bug) to send to all their owners, and that made a lot of MtGox users scared. They're dumping their coins now for low prices in order to receive atleast anything for their BTC's I guess.
my thought is gox has no btc or is defaulting. i think this because i once saw a youtube video on how to steal btc from mtgox, so imagine how many people have stolen now. combine this with whatever the government has taken from them (both fiat and btc) also in their investigations. plus the coinlab lawsuit.
I think the problem is Gox is still relevant somewhat on the value of BTC to USD.The correction isn't the value of BTC but how much is the value of Gox to BTC ? That is the true correction that needs to take place before we can continue beyond this fiasco.
Bitcoin will die. MtGox will survive!
Ehh.. what?
I agree with Cyberlight: I can't wait untill that exchange has died. It harms the value of the bitcoin. I don't think it will take long untill it dies anymore. And then the price of the Bitcoin will increase again.
I was right.. just a little off the dates..
Bitcoin will die. MtGox will survive!
MtGox must die, bitcoin has cancer type MtGox.
Most probably Sucks Kox tries to manipulate the market.
Gox doesn't have btc. It has goxcoins. Big difference.
Gox used to be one of the highest prices at over 100 dollars higher than any other exchange. Now it is hovering around 250 (and has dipped to 220 so far). How long until gox allows withdrawls and dam those cheap coins are looking appealing but it might be a pain in the butt to remove the funds (or gox could collapse causing new investors to lose all funds)
What does gox low numbers mean for the rest of the exchanges and btc as a whole?
What does gox low numbers mean for the rest of the exchanges and btc as a whole?
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