Author

Topic: People are selling - where is the money (Read 886 times)

legendary
Activity: 1904
Merit: 1002
July 03, 2013, 02:34:18 PM
#9
more logical would be buying BTC with MtGox money you have in account and take it out there fast  Cheesy The daytraders deserve to loose the USD from MtGox

Without day traders there would be no liquidity.  Let them play their zero sum game.  They don't deserve to be scammed any more than you or I.
legendary
Activity: 1246
Merit: 1000
July 03, 2013, 02:22:27 PM
#8
When people can't withdraw their money they won't deposit their money either because that would be stupid. So you've got no money flowing in, but bitcoins are flowing out.
member
Activity: 84
Merit: 10
supernode
July 03, 2013, 02:18:17 PM
#7
more logical would be buying BTC with MtGox money you have in account and take it out there fast  Cheesy The daytraders deserve to loose the USD from MtGox

The lemming deserve for 10$ Cheesy
sr. member
Activity: 552
Merit: 250
July 03, 2013, 02:16:56 PM
#6
more logical would be buying BTC with MtGox money you have in account and take it out there fast  Cheesy The daytraders deserve to loose the USD from MtGox
member
Activity: 84
Merit: 10
supernode
July 03, 2013, 02:13:39 PM
#5
im selling like a lot if these days
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
July 03, 2013, 02:12:04 PM
#4
I'm not selling, i'm buying. and the money is called bitcoin. lol
ask
legendary
Activity: 1386
Merit: 1004
July 03, 2013, 01:00:46 PM
#3
Dont think so. So they are leaving money on MtGox account and on the other hand they don't trust anything related to this exchange.

I wouldn't...
N12
donator
Activity: 1610
Merit: 1010
July 03, 2013, 12:58:15 PM
#2
The artificial or anomalous thing was the bubble. The current bear market or bubble deflation is only a result of the former.
ask
legendary
Activity: 1386
Merit: 1004
July 03, 2013, 12:56:59 PM
#1
This drop is completelly artificial.

We all know that there is hard to withdraw money from MtGox. Therefore all money from sold bitcoins remains on MtGox account.  And there is info that MtGox could be insolvent...

Only conclusion is that there is/are some speculators who just wanna earn some extra bitcoins based because of panic.

Enjoy!
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