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Topic: less than 20000 btc on gox stamp and btc China.. Moon or anchor? (Read 940 times)

sr. member
Activity: 308
Merit: 250
Too many glasses of wine followed by nonsensical typing sorry
Smiley
legendary
Activity: 1582
Merit: 1001
Too many glasses of wine followed by nonsensical typing sorry
sr. member
Activity: 308
Merit: 250
What?

Update: Nevermind. Either title was updated or a misread it. Smiley

Double Update: No, bitcoin won't implode. This is a free market, and it appears like people are not willing to sell at the moment, which will reduce the available supply, and probably lead to a stronger price. Once the price reaches a point in which people are willing to sell, more coins will be transferred to the exchanges.

This actually makes me feel kinda good - if there are not many coins on the market, and people actually have to transfer them in to sell - it might prevent a panic situation, like happened last time with Gox and may indicate a stronger faith/less twitchy attitude? Just a thought.
legendary
Activity: 1582
Merit: 1001
BTC almost gone.  
Will people keep defeating the value or will bitcoins implode
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