Who is selling BTC for $100 on Gox and why? - page 2.

BitcoinBobbeh

sr. member

Activity: 266

Merit: 250

With all the shit going on, would you feel more comfortable with BTC in Gox or fiat in Gox?

You can take legal action if they mishandle one of those two things Tongue

I think people are selling off their coins while they can for fear that Gox goes under with whatever they have in their accounts. At least with dollars there's a chance for recovery. You have to remember that the vast majority of Bitcoin owners have a collection of coins in the single digits. A lot of people with a few coins each man... it adds up.

hostmaster

sr. member

Activity: 266

Merit: 250

Quote from: thelema93 on February 20, 2014, 09:44:02 PM

Can someone explain to me why anyone would be selling their bitcoins for $100 on Gox?
I don't understand how there can be so many people doing that to cause the price drop on Gox.
Considering that is not much real evidence to say that they are going bust or something - is this really caused just by people panic selling? Or is something else going on.

Serious answers only please.

the ones who should not be there on MTgox....

zeroday

donator

Activity: 784

Merit: 1000

Lemmings.

Their standard answer is "We sell as everybody sell".

The most ridiculous thing is that there are equal chances to lose both cash and BTC

thelema93

sr. member

Activity: 339

Merit: 250

Can someone explain to me why anyone would be selling their bitcoins for $100 on Gox?
I don't understand how there can be so many people doing that to cause the price drop on Gox.
Considering that is not much real evidence to say that they are going bust or something - is this really caused just by people panic selling? Or is something else going on.

Serious answers only please.

Topic: Who is selling BTC for $100 on Gox and why? - page 2. (Read 2146 times)