Pages:
Author

Topic: IF MT GOX DIES THEN BITCOIN PROBABLY WILL TOO - page 3. (Read 4076 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I own plenty of bitcoin - some on gox 

OP fail
hero member
Activity: 742
Merit: 500
Gox has been dead to anyone with a brain since April 2013.
hero member
Activity: 924
Merit: 1000
Guys, are you living in a fantasy world?  I own plenty of bitcoin - some on gox, some on bitstamp and mostly w coin base.  I'm not trolling.  Regardless of whether gox's volume is decreasing, the bottom line is that bitcoin is always in need of new people getting into it.  If you think that mt gox going under is going to be a blip on the radar, then you are truly delusional.  Imagine the thought process of a new possible bitcoin purchaser:  "yeah, let me wire some money to slovenia or bulgaria after gox goes under" - hell no.  Trust of the major exchanges is critical.  If gox is a fraud, then this will be a huge crushing blow to bitcoin.  The fact that there are other exchanges doesn't mean s**t to the public. even though the underlying protocol is still sound, this is all about trust and faith - the very backbone of bitcoin.  bc without trust and faith behind bitcoin, there is nothing.   The vast majority of people thinking about buying bit coin will not do so if gox ends up being a fraud.  not everything written here that is negative about bit coin is trolling. 

Yes but we've seen much worse and lived to tell the tale. There are plenty of other exchanges that are trustworthy. Get your cheap coins now if you want them.
member
Activity: 97
Merit: 10
February 08, 2014, 01:00:38 AM
#9
Guys, are you living in a fantasy world?  I own plenty of bitcoin - some on gox, some on bitstamp and mostly w coin base.  I'm not trolling.  Regardless of whether gox's volume is decreasing, the bottom line is that bitcoin is always in need of new people getting into it.  If you think that mt gox going under is going to be a blip on the radar, then you are truly delusional.  Imagine the thought process of a new possible bitcoin purchaser:  "yeah, let me wire some money to slovenia or bulgaria after gox goes under" - hell no.  Trust of the major exchanges is critical.  If gox is a fraud, then this will be a huge crushing blow to bitcoin.  The fact that there are other exchanges doesn't mean s**t to the public. even though the underlying protocol is still sound, this is all about trust and faith - the very backbone of bitcoin.  bc without trust and faith behind bitcoin, there is nothing.   The vast majority of people thinking about buying bit coin will not do so if gox ends up being a fraud.  not everything written here that is negative about bit coin is trolling. 
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
newbie
Activity: 36
Merit: 0
February 08, 2014, 12:38:49 AM
#7
troll thread

Quoting for emphasis. Mt Gox handles a small volume of trades overall. There's plenty of other exchanges, some bigger, some smaller, all ready to take its place.
hero member
Activity: 924
Merit: 1001
February 08, 2014, 12:38:04 AM
#6
The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?

Spoken like a true 18 post guy.

-B-
legendary
Activity: 1204
Merit: 1015
February 08, 2014, 12:36:55 AM
#5
Yeah... No. Mt. Gox is already pretty insignificant, so bitcoin will do just fine with or without them.
full member
Activity: 159
Merit: 100
February 08, 2014, 12:35:25 AM
#4
IF MT GOX DIES THEN GOOD RIDDANCE.

LONG LIVE BITSTAMP!
hero member
Activity: 728
Merit: 500
February 08, 2014, 12:34:36 AM
#3
troll thread
legendary
Activity: 924
Merit: 1001
February 08, 2014, 12:32:31 AM
#2
The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?

Nah, the system is sound. one exchange cant bring it down. the top dogs are planning decentralised exchanges for the future.

plus, there is always local bitcoins.
member
Activity: 97
Merit: 10
February 08, 2014, 12:27:47 AM
#1
The massive holders of bitcoin are hopefully working something out w Mark K if there is something foul at gox.  If gox dies, almost no one will buy bitcoin going forward.  Who would have guessed that a young dude sitting on a blue ball would be the ruin of such a great idea?
Pages:
Jump to: