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Topic: Mt GOX starting to die? - page 3. (Read 4197 times)

full member
Activity: 238
Merit: 100
August 12, 2013, 02:16:53 AM
#7
Happy to see they die, even if I lose money in the process.

Any particular reason why?

Do you think they have a hold on the bitcoin economy?


Because they are withholding a large sum of fiat from Bitcoiners.
In case they would finally shutdown, all the bitcoins held by them will be migrated quickly to all the other exchanges, however the fiat cannot.
The low supply of fiat and a sudden increase in bitcoin supply will cause the price to drop drastically in the other exchanges.
This will lead to a short-term panic bear market for sure.
donator
Activity: 290
Merit: 250
August 12, 2013, 01:19:55 AM
#6
I don't want to see MtGox die - I just want to have more options and MtGox maybe only retaining 10-30% of the traffic with 4-10 other major exchanges...
sr. member
Activity: 322
Merit: 250
August 12, 2013, 01:01:06 AM
#5
Happy to see they die, even if I lose money in the process.

Any particular reason why?

Do you think they have a hold on the bitcoin economy?

full member
Activity: 238
Merit: 100
August 12, 2013, 12:54:14 AM
#4
Happy to see they die, even if I lose money in the process.
sr. member
Activity: 452
Merit: 256
legendary
Activity: 1067
Merit: 1000
August 12, 2013, 12:41:53 AM
#2
What site are they buying?
sr. member
Activity: 322
Merit: 250
August 12, 2013, 12:22:17 AM
#1
Is Mt Gox starting to die?

It seems like it, many people are reporting more and more issues with Mt Gox..

It also appears Mt Gox is purchasing other bitcoin related sites in a strange takeover.

Is it time Mt Gox died? Or is some thing new coming?

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