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Topic: Is Gox to be blamed? - page 4. (Read 4114 times)

full member
Activity: 196
Merit: 100
January 08, 2015, 05:00:14 AM
#3
I agree that at that time gox was manipulating the prices a lot, but still they were able to make bitcoin reach 1200$ and this price automatically got reflected on other exchanges too.
But it wasn't "just" the willy bot that caused this, at that time halvening also happened and that reduced the dumping in the exchanges.

Still if gox was still there I believe that the price would not have gone down to such disastrous figures.
Just wanted to know people's view.
legendary
Activity: 2226
Merit: 1052
January 08, 2015, 04:19:15 AM
#2
full member
Activity: 196
Merit: 100
January 08, 2015, 04:14:24 AM
#1
Last year when MtGox apparently got "hacked" we saw bitcoin coming down to $100(for a few minutes) from $1200.
Since then bitcoin has been constantly going down 👇.
If gox thing didn't happen do you think that bitcoin still would have been at around $1000?
So is gox to be blamed for this downfall?
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