Topic: Mt. Gox has filed for bankruptcy protection - page 5. (Read 5538 times)
I think those who will stay on board through all this, will find kind of pride after years if we succeed( or feel very dumb in we crumble )
There are a ton of investors waiting on the sidelines and all they want is some closure to this ongoing drama and for the bottom to be found and the worst priced in before they buy. So any end to the mtgox ordeal is bullish. There may be a short term downwards movement due to panic but ultimately upwards.
So lets see, the total amount of bitcoins just shrunk.
We had 12 million + 750k (gox)coins just a few moments back. so a total supply of 13 million BTC.
Now it's back to 12 million.
We had 12 million + 750k (gox)coins just a few moments back. so a total supply of 13 million BTC.
Now it's back to 12 million.
+1
I do not think Mtgox is going to remotely want to deal with returning customers bitcoins back anymore. If they are going to reach a settlement/claim process it is all going to be through yen/dollars.
So what does this mean? How many coins do they owe to people and how many are left?
"...Mt. Gox had outstanding debt of about ¥6.5 billion ($63.6 million)"
The bigger question is? Is this good or bad news - regarding to the price?
"...Mt. Gox had outstanding debt of about ¥6.5 billion ($63.6 million)"
The bigger question is? Is this good or bad news - regarding to the price?
Finally the bullish news I have been waiting for.
Do you expect to see something of a panic dip based on this news, or has the market already priced this in?
Its official.
Wall Street Journal @WSJ 12m
Breaking: Mt. Gox has filed for bankruptcy protection, a company lawyer says. http://wsj.com
https://twitter.com/WSJ
http://europe.wsj.com/home-page
http://www.reuters.com/article/2014/02/28/bitcoin-mtgox-bankruptcy-idUST9N0JX03O20140228
Wall Street Journal @WSJ 12m
Breaking: Mt. Gox has filed for bankruptcy protection, a company lawyer says. http://wsj.com
https://twitter.com/WSJ
http://europe.wsj.com/home-page
http://www.reuters.com/article/2014/02/28/bitcoin-mtgox-bankruptcy-idUST9N0JX03O20140228
Well, shit.
My $.02.
Finally the bullish news I have been waiting for.
+1
So lets see, the total amount of bitcoins just shrunk.
We had 12 million + 750k (gox)coins just a few moments back. so a total supply of 13 million BTC.
Now it's back to 12 million.
We had 12 million + 750k (gox)coins just a few moments back. so a total supply of 13 million BTC.
Now it's back to 12 million.
Finally the bullish news I have been waiting for.
Do you expect to see something of a panic dip based on this news, or has the market already priced this in?
Finally the bullish news I have been waiting for.
Bitcoin might not be dead, but until they figure out a permanent solution to prevent exchanges from dropping like flies needing centralized exchanges, I'd say Bitcoin is in a deep coma.
Corrected
That is something I have been wondering with all the bitcoin ATMs that have been deployed around the world. How many of them are dependent on the bitcoin exchanges such as Bitstamp or BTC-e? If another occurrence of an exchange shutting down locks away the money and bitcoins ATM owners have on the exchange what do they do?
Bitcoin might not be dead, but until they figure out a permanent solution to prevent exchanges from dropping like flies needing centralized exchanges, I'd say Bitcoin is in a deep coma.
Corrected
Bitcoin might not be dead, but until they figure out a permanent solution to prevent exchanges from dropping like flies, I'd say Bitcoin is in a deep coma.
On the one hand,I will be missing my 25 Goxcoin , but on the other hand I am happy that it's over
Finally, MT.Gox is dead. RIP !
Its official.
Wall Street Journal @WSJ 12m
Breaking: Mt. Gox has filed for bankruptcy protection, a company lawyer says. http://wsj.com
https://twitter.com/WSJ
http://europe.wsj.com/home-page
http://www.reuters.com/article/2014/02/28/bitcoin-mtgox-bankruptcy-idUST9N0JX03O20140228
Wall Street Journal @WSJ 12m
Breaking: Mt. Gox has filed for bankruptcy protection, a company lawyer says. http://wsj.com
https://twitter.com/WSJ
http://europe.wsj.com/home-page
http://www.reuters.com/article/2014/02/28/bitcoin-mtgox-bankruptcy-idUST9N0JX03O20140228
Jump to: