Bitcoin Forum

We will be low until people start buying in on bitcoins agian. maybe at summer or christmas.
If gox somehow fixes their problems then we will still go low. why? because there are a ton of ppl that have wanted to withdraw for months so even if they lose out on cash they will mass withdraw and crash the price and we have the same outcome as if gox would die.

I agree it´s a win-win situation for bears. Whatever Gox will do next, fix it´s problems, declare insolvency or beeing robbed, delaying their problem fixing.
It will go down anywy.

Gox is cancer. Removing cancer is a good thing.

+1

The quicker Gox dies off the better.

And with it, destroy over $50 million from btc economy.. Great deal!

I totally agree. If this gox shit continues for a few years longer it would be way worse for bitcoin

Probably not. Gox seems to have little effect on the rest of the market now. Look at prices for the last two weeks. Bitstamp, etc. holding in the $600-$700 range.  Mt. Gox dropping from the $900s to the $300s.

Mt. Gox just isn't connected to anything. You can't get either fiat or Bitcoins out reliably.  They just don't matter any more, except to people with assets on deposit with them.

That $50 million won't be destroyed.

Chemotherapy isn't painless.

It also has a tendency for causing death.

Bitcoin is anti-fragile.

Holliday. Honest question, have you sold some of your BTC? You seem a bit bearish in some of your posts in the last day, or at least less aggressive when it comes to bearish posts?

Maybe this is the time to note my post was intended to be a joke :D

Meh, my response is valid either way. :)

mass withdraw = selling coins? i don't think you understand the basics of what you are even saying. it's like pointing to a fire and calling it snow.