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Topic: I believe panic selling on Mt. Gox will ensue within 2 weeks - page 3. (Read 5293 times)

legendary
Activity: 1372
Merit: 1008
1davout
any ideas?

Make a fuss about it, everyone will care.
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
I still have $0.52859 in my account, any way to get that out?

Can't buy less then .01 BTC, and im sure a bank transfer would cost more than what it's worth, any ideas?

And yes i am serious, its only $0.52859 but it's my $0.52859
legendary
Activity: 1372
Merit: 1008
1davout
There is nothing genius about what's going to happen.  Gox is going to close and they are taking all your money with them.  This is nothing more than a BFL stall tactic.  Two weeks will come and go and they will be long gone.  Gotta love the Bitcoin diehards who put their faith in the centralized Gox.   Roll Eyes  Be nice if they would at least pick some principles and stick with them. 

You must be new here.
member
Activity: 111
Merit: 10
Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...


Oh I forgot because there isn't 493 services to sell bitcoin.



That doesn't help if you have your USD on Gox...

Purchase coin and transfer it out, sell where ever you have transferred it and lose a percent or two. I can't imagine anyone who uses bitcoin just waiting around like a sitting duck, if you dont want your money in there find a way to get it out.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...


Oh I forgot because there isn't 493 services to sell bitcoin.



That doesn't help if you have your USD on Gox...
sr. member
Activity: 252
Merit: 250
There is nothing genius about what's going to happen.  Gox is going to close and they are taking all your money with them.  This is nothing more than a BFL stall tactic.  Two weeks will come and go and they will be long gone.  Gotta love the Bitcoin diehards who put their faith in the centralized Gox.   Roll Eyes  Be nice if they would at least pick some principles and stick with them. 
legendary
Activity: 1372
Merit: 1008
1davout
Karpeles is a genius, he creates the panic, which in turn generates volume, which in turn generates fees, which in turn makes him solvent again.
legendary
Activity: 1310
Merit: 1000
Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...


Oh I forgot because there isn't 493 services to sell bitcoin.

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
HURRY UP AND PANIC PLEASE!
NOW NOW NOW NOW NOW!  Tongue
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...
legendary
Activity: 1310
Merit: 1000
Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?
full member
Activity: 220
Merit: 102
Hello
Yeah, I mean panic buying  Embarrassed

EDIT:

$112?? You ain't seen nothin yet.
MOB
hero member
Activity: 493
Merit: 504
You mean panic buying?

You mean what has been going on all day?
full member
Activity: 220
Merit: 102
Hello
      Right now there is a major problem with the major exchange. No matter how you put it, the fact that money is only going one way is a big deal. People have a lot of money on invested, and there's an uncomfortable feeling surrounding "2 weeks". Here's a reddit thread talking about it: http://www.reddit.com/r/Bitcoin/comments/1gqbqa/the_2two_weeks_time_frame_paradox_thrown_a_lot/

       As the price of Bitcoin rises on the major exchange, the one that many base the exchange rate off of, people may start to worry that they'll never be able to get USD out of Mt. Gox again. If a lot of people start to worry, my prediction will come true.
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