Author

Topic: I heard Mt Gox will rollback to when Bitcoins = $30. (Read 1235 times)

newbie
Activity: 15
Merit: 0
Insider at mtgox?  Roll Eyes
donator
Activity: 853
Merit: 1000
A rollback on mtgox won't help people who has mybitcoin accounts that were stolen as a direct result of the mtgox password leak Sad

You'd need to rollback the entire block chain, and that ain't gonna happen
legendary
Activity: 1022
Merit: 1001
My Grandma's cousins brother-in-law reckons its gonna go for $100. Still dont mean jack though.
member
Activity: 100
Merit: 10
BTC is decentralized.   MTGOX is not a central bank.  they have no way to decide the price of BTC.  30$ or 300$ at MTGOX means nothing.
newbie
Activity: 7
Merit: 0
Trade back to a week before this fiasco? Doubtful. More like $18, and that won't matter much when there is a huge run on the money to go to another exchange site.
hero member
Activity: 616
Merit: 500
legendary
Activity: 1372
Merit: 1008
1davout
newbie
Activity: 28
Merit: 0
i just got an email from an insider mt gox has lost a lot of people's bitcoins, that's why they are still down and don't know how to break this news to the customers.

one of the ideas they are tossing around is to rollback when 1btc = $30 so that people are generally happy, to keep them off for now.
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