Will we see 50 in Gox coins in the next 12 hours?

Richard Branson

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Screw It, Let's Do It

Quote from: disclaimer201 on February 24, 2014, 05:51:08 AM

There is downward pressure until the other markets have decoupled. For the most part, this has already happened.

When Gox disappears finally, price will go back up. There will be no mass panic as everyone has long expected it to happen. We will all be better off without the Gox drama queen.

Next vicitim will be shady btc-e.com drama queen. Just don't hold your btc's there or only the part you are willing to lose.

InCoinsITrust

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I think it will grow slowly.

Mythul

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disclaimer201

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There is downward pressure until the other markets have decoupled. For the most part, this has already happened.

When Gox disappears finally, price will go back up. There will be no mass panic as everyone has long expected it to happen. We will all be better off without the Gox drama queen.

yrtrnc

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We are heading towards 50 I believe.

cypherdoc

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Quote from: rmines on February 21, 2014, 08:13:25 AM

I'm not sure it will be in the next 12 but goxcoins will definitely hit <50 the next 72 hours.

I seriously doubt it gets that low.

A 90% pullback is about the most you can expect in a situation like this of high fog and zero visibility. There are still plenty of people out there with unlimited fiat ammo, thanks to Ben, who will be willing to take a flyer on cheap coins, not to mention the manipulators.

rmines

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I'm not sure it will be in the next 12 but goxcoins will definitely hit <50 the next 72 hours.

yrtrnc

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Quote from: cypherdoc on February 21, 2014, 07:44:23 AM

50?

You forgot the 1 on the front; then 2, then 3, then 4, then 5, on back up to 9, where we were at equilibrium for months.

Remember, none of those USD's left gox yet so there is plenty of ammunition to make that happen; not to mention the added ammo coming in from the opportunists

.

Gox is a bad investment choice.

And appareently people are keeping their money in Fiat as to be able to get it back when gox goes bust.

Either that or gox is playing a dangerous game.

cypherdoc

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50?

You forgot the 1 on the front; then 2, then 3, then 4, then 5, on back up to 9, where we were at equilibrium for months.

Remember, none of those USD's left gox yet so there is plenty of ammunition to make that happen; not to mention the added ammo coming in from the opportunists

.

dg2010

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I'm gambling today.

Just bought a bunch of GoxCoins.

OlliBrandt80

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There is a big chance price will drop to $50 but I am not sure it will happen in the next 12 hours - probably in the next couple of days

traderwin

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The price looks like it's drifting down again.

I wonder if indeed we will see $75, or even $50.

yrtrnc

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So whens MTgox releasing their great news!

serje

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Quote from: yrtrnc on February 21, 2014, 04:47:32 AM

So it goes to 91 and back up Grin

What the hell is this! Why would anyone buy???

if 1goxBTC is 140 goxUSD

people are buying because they spend for 10 goxBTC for 1400 goxUSD

then they go to a different site where they exchange 1 goxBTC for 0.43BTC

if someone bought 10goxBTC he spent like 1400goxUSD after exchange he got 4.3BTC
after he got the real BTC he only has to go to bitstamp or btce or any other exchange for a quick sell 4.3*550= 2365 USD !
If he sells on localbitcoin then he makes a lot more!

prices will fall until no one can make profit from this! after that the prices will go up again!

Hyena

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Gox guys themselves buy. They lack funds ever since they were hacked in 2011 and their money was frozen in US 2013. The only way for them to catch up and not go to bankruptcy was to stop withdraws and buy the cheap coins. It may be their exit strategy. Mt. Gox is the pirate40 v2.0.

yrtrnc

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So it goes to 91 and back up Grin

What the hell is this! Why would anyone buy???

I believe mtgox is pushing the price back up!

MTGOX, the biggest con in bitcoin history.

Bobsurplus

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95

fallinglantern

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yes

proudhon

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Quote from: jasonjm on February 20, 2014, 08:03:37 PM

why are people still trading on gox?

I don't understand...... why is there any price movement?

you cannot get fiat or bitcoins.... so? is it like playing a game to kill boredom?

Now that people are filing lawsuits, and given that courts are more likely to order payout in fiat, I think we're crossing the threshold for Gox where the "safe" thing to do is be in fiat. The other exchanges will be pulled down by the violence of the exodus from Goxcoins to GoxUSD, but eventually I suspect Gox and the rest of the markets will completely decouple and move on.

wayneyoyo

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Why does mtgox still matter ?

jasonjm

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why are people still trading on gox?

I don't understand...... why is there any price movement?

you cannot get fiat or bitcoins.... so? is it like playing a game to kill boredom?

balanghai

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Hopefully gox dies. Cheesy

Bobsurplus

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few more minutes...$99

tubbyjr

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We're almost in double digits.

traderCJ

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Quote from: jamesc760 on February 20, 2014, 07:49:57 PM

Hodlers at large will be goxed soon:

Scenario A,

Mtgox recovers and announces resumption of withdrawals with caps and limits. There will be a run on other exchanges as mtgox account holders swarm to dump their goxcoins.

Scenario B,

Mtgox succumbs finally and goes tits up. There will be a run on other exchanges as their account holders swarm to dump bitcoins for fear that their exchanges are in peril as well.

Scenario C,

Mtgox stays the course, neither resuming withdrawals nor calling it quits. There will be a run on mtgox until it goes to 0, zero, zilch, nada. It will result in Scenario B.

So far, there's a 66.67% chance of Mtgox going belly up.

The OP's question should be "Will we see 0 in Gox coins in the next few days?"

Agreed, and talk about Gox squeezing blood from a turnip. They'll be collecting that rake all the way down.

jamesc760

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Hodlers at large will be goxed soon:

Scenario A,

Mtgox recovers and announces resumption of withdrawals with caps and limits. There will be a run on other exchanges as mtgox account holders swarm to dump their goxcoins.

Scenario B,

Mtgox succumbs finally and goes tits up. There will be a run on other exchanges as their account holders swarm to dump bitcoins for fear that their exchanges are in peril as well.

Scenario C,

Mtgox stays the course, neither resuming withdrawals nor calling it quits. There will be a run on mtgox until it goes to 0, zero, zilch, nada. It will result in Scenario B.

So far, there's a 66.67% chance of Mtgox going belly up.

The OP's question should be "Will we see 0 in Gox coins in the next few days?"

Gabi

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Quote from: bitcoinlitcoinbtcltc on February 20, 2014, 04:04:22 PM

Quote from: Gabi on February 20, 2014, 04:01:28 PM

Yes but mtgox price is meaningless.

Hahaha, idiot. Keep telling yourself this bull shit.

Media will love it when btc drops below $100.
They have been using MtGox's price from the beginning, oh my god **orgasm** I can already imagine the massive amount of panic sells when mass media reports about the crash!! LOL!

BTC on MtGox is worth less than 10% of what it was +/- 2 months ago!

DEFINITION OF BUBBLE! LOL!!

Who cares about what media says? Since bitcoin appeared media said everything about it, and despite this bitcoin is still here

traderCJ

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Quote from: jbrnt on February 20, 2014, 04:33:08 PM

It's gone so low that I wish I had money in MtGox Grin

When withdrawals are re-enabled, the stampede to sell on other exchanges will be ... breathtaking.

jbrnt

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It's gone so low that I wish I had money in MtGox Grin

Bobsurplus

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Making money since I was in the womb! @emc2whale

Mtgox will go to zero by the weekend.

traderCJ

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Quote from: yrtrnc on February 20, 2014, 04:08:50 PM

Quote from: Gabi on February 20, 2014, 04:01:28 PM

Yes but mtgox price is meaningless.

Unfortunately other exchanges are following the downtrend!

They don't really have a choice. Gox enables withdrawals, arbitrage occurs and the prices balance. Gox doesn't enable withdrawals and people panic. Either way, you'll have downward pressure .. speculators are struggling to price this probable future movement.

yrtrnc

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There is a 3128 wall at 110 on gox. Doesnt seem we will see double digits soon!

Dragonkiller

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Quote from: bitcoinlitcoinbtcltc on February 20, 2014, 04:04:22 PM

Quote from: Gabi on February 20, 2014, 04:01:28 PM

Yes but mtgox price is meaningless.

Hahaha, idiot. Keep telling yourself this bull shit.

Media will love it when btc drops below $100.
They have been using MtGox's price from the beginning, oh my god **orgasm** I can already imagine the massive amount of panic sells when mass media reports about the crash!! LOL!

BTC on MtGox is worth less than 10% of what it was +/- 2 months ago!

DEFINITION OF BUBBLE! LOL!!

We are already at $110 on Gox, so will we go to negative prices?

Other exchanges don't really give a shit anymore, I highly doubt Stamp will go below $500.

yrtrnc

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Quote from: Gabi on February 20, 2014, 04:01:28 PM

Yes but mtgox price is meaningless.

Unfortunately other exchanges are following the downtrend!

bitcoinlitcoinbtcltc

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Quote from: Gabi on February 20, 2014, 04:01:28 PM

Yes but mtgox price is meaningless.

Hahaha, idiot. Keep telling yourself this bull shit.

Media will love it when btc drops below $100.
They have been using MtGox's price from the beginning, oh my god **orgasm** I can already imagine the massive amount of panic sells when mass media reports about the crash!! LOL!

BTC on MtGox is worth less than 10% of what it was +/- 2 months ago!

DEFINITION OF BUBBLE! LOL!!

Gabi

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If you want to walk on water, get out of the boat

Yes but mtgox price is meaningless.

kireinaha

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yes, but not for a few more days.

edit: eek. that was fast...

yrtrnc

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99 Here we come again baby! Done!

Now to 50!

Topic: Will we see 50 in Gox coins in the next 12 hours? (Read 2962 times)