What will be the BTC price on other exchanges if mtgox price goes to 0 ?
I just looked in my crystal ball. The answer is ≠ 0.
Topic: What will be the BTC price on other exchanges if mtgox price go to 0 ? (Read 930 times)
February 20, 2014, 04:30:26 PM
I just looked in my crystal ball. The answer is ≠ 0.
February 20, 2014, 04:06:18 PM
What will be the BTC price on other exchanges if mtgox price goes to 0 ?
MtGox doesn't sell BTC, BTC you can't withdraw is not BTC, USD you can't withdraw is not USD, so it's actually irrelevant, because other exchanges sell actual BTC. Also, MtGox did so much harm to the BTC community in the past, so it gives me impression that price of BTC will actually go up if MtGox stops to exist, BTC will say... FINALLY!
It may happen the same that happened after SMP closed but I still think it is more probable than the BTC price will decrease quite a lot more after gox shut down
February 20, 2014, 01:02:48 PM
What will be the BTC price on other exchanges if mtgox price goes to 0 ?
We're unlikely to see the price of Goxcoins fall to 0. Instead, Gox will just be taken offline. The world of real bitcoins will be affected by Gox's death, but I don't think the real bitcoin markets are going to follow Gox down much further and at some point it will be clear that the real bitcoin markets have moved on.
Yeah, the Mt Gox price is increasingly detached from other exchange price and if Mt Gox is not going to allow withdrawals, trading bitcoins there does not make sense so the price is not that likely to go to 0. I think they may just temporarily stop trading and then perhaps shut down the whole enterprise?
OTOH, if Mt Gox goes bankrupt, it will be another remainder how risky trading bitcoins is so prices elsewhere would likely go down and institutional investor may stay away for a while.
February 20, 2014, 12:59:05 PM
What will be the BTC price on other exchanges if mtgox price goes to 0 ?
MtGox doesn't sell BTC, BTC you can't withdraw is not BTC, USD you can't withdraw is not USD, so it's actually irrelevant, because other exchanges sell actual BTC. Also, MtGox did so much harm to the BTC community in the past, so it gives me impression that price of BTC will actually go up if MtGox stops to exist, BTC will say... FINALLY!
February 20, 2014, 12:54:42 PM
What will be the BTC price on other exchanges if mtgox price goes to 0 ?
We're unlikely to see the price of Goxcoins fall to 0. Instead, Gox will just be taken offline. The world of real bitcoins will be affected by Gox's death, but I don't think the real bitcoin markets are going to follow Gox down much further and at some point it will be clear that the real bitcoin markets have moved on.
February 20, 2014, 12:53:58 PM
Actually, mtgox is already irrelevant in my eyes.
So i don't think the price won't move that much, maybe $400 at worst
So i don't think the price won't move that much, maybe $400 at worst
February 20, 2014, 12:53:46 PM
$100,000
February 20, 2014, 12:52:18 PM
21-49$
February 20, 2014, 12:47:45 PM
£11.86
February 20, 2014, 12:47:08 PM
What will be the BTC price on other exchanges if mtgox price goes to 0 ?
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