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Topic: If there was no Mtgox ... ? - page 2. (Read 1895 times)

legendary
Activity: 896
Merit: 1000
September 17, 2015, 04:54:06 PM
#10
without mtgox i think the bitcoin price would rise slowly but stable every year. maybe we would now sit at around $150-$200 if mtgox wasn't here. 
sr. member
Activity: 248
Merit: 252
September 17, 2015, 04:05:44 PM
#9
That's a tough call.  Gox had both positive and negative influence on the USD price.

At a guess (and only a guess), I'd say it would be somewhere like where it is now, or maybe a little higher if peoples confidence hadn't been shaken, though that would have to account for the media attention that Gox had in influencing price rise, so it's not something I have the ability to reverse engineer.  Maybe some smarter folks could weight those influences.
legendary
Activity: 2744
Merit: 1288
September 17, 2015, 03:00:52 PM
#8
What do you think Bitcoin price would be if there was no Mtgox ? without taking in consideration that Bitcoin price was pumped by Willybot or whatever his name is .
I personally think that the price would be higher then now because Mtgox was probably one of the reasons that people either left Bitcoin or simply didn't join on the first place since they see it now as a risk .

Without MtGox, much less people would posses Bitcoin today and would be much less used. Maybe Bitcoin would never reach even $100 by now.
legendary
Activity: 1134
Merit: 1000
September 17, 2015, 09:27:40 AM
#7
Some tell the was Mt Gox that was one of the principal factors (if not the only) that has contributed in the increase of the price of bitcoin. I don't be sure about this because I am unable to judge this thing. But for sure MtGox was one of factors that has reduced to much the enthusiasm of to many versus bitcoin. And not only the enthusiasm but even the price.
legendary
Activity: 3388
Merit: 3154
September 17, 2015, 08:48:11 AM
#6
But i think the MtGox mean less bitcoin in the market, meybe i'm wrong, but they was the guys who bump it, and after the MtGox, bitcoin lost a lot of investors and trust for the society.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
September 17, 2015, 08:18:28 AM
#5
However if there is not Mtgox, which got hundreds of thousands of bitcoins stolen (and probably got dumped by hackers), the price would be at 500 now (as bitcoin would be pumped on other exchanges).
I think that Mtgox is still a bad history for bitcoin.
legendary
Activity: 1722
Merit: 1000
September 17, 2015, 08:01:20 AM
#4
The pump to 1200 was bitcoin hitting the media and and emotional frenzie.  The idea gox pumped it there is hilarious. Highschooler were buying, people in their 30's that couldn't turn a computer on.

The rise to 1200 was the dagger into Gox's ability to control the market.
legendary
Activity: 3248
Merit: 1072
September 17, 2015, 06:48:18 AM
#3
probably not less than 60-90, which was the price before the big pump started, but i believe we are in the same range to which we would arrive anyway, mtxgox or not

i would like to picture the whole mtgox drama as the "90-1200-230" ranges...
sr. member
Activity: 366
Merit: 261
September 17, 2015, 06:42:14 AM
#2
10$ maybe?
Becouse Mtgox artificially pumped Bitcoin not once, but all of it's lifetime!
And if there was no Mtgox, then the other exchanges didn't take care of the security measures as they do nowadays. And soon or later it would happen the same or worst scenario.

This is my opinion, considering that Mtgox stealed me a dozen of btc...
staff
Activity: 3500
Merit: 6152
September 17, 2015, 03:55:48 AM
#1
What do you think Bitcoin price would be if there was no Mtgox ? without taking in consideration that Bitcoin price was pumped by Willybot or whatever his name is .
I personally think that the price would be higher then now because Mtgox was probably one of the reasons that people either left Bitcoin or simply didn't join on the first place since they see it now as a risk .
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