Bitcoin Forum

Economy => Service Discussion => Topic started by: feardox on February 28, 2014, 03:31:52 PM



Title: Mt. Gox Files for Bankruptcy (Buying time)
Post by: feardox on February 28, 2014, 03:31:52 PM
http://www.reuters.com/article/2014/02/28/us-bitcoin-mtgox-bankruptcy-idUSBREA1R0FX20140228

Blaming others for their mistake is another manipulated game system. After all JPY already made their money back trading against GBP and other currencies and blended bitcoins to cover their losses which overall is fake. They still have 10% of the market's bitcoin in their hands and do not want to sell/share it. They are "legally" getting out of the game after they made so much, which there will open another company soon in another country etc.
Time to buy some more bitcoins and miners people! Its perfect time for this. Do not let the media fear/scare you due to emotional or stupidity. Invest!!
I'm expecting the BTC to be at 2500-3000 dollars a piece in oct/nov 2014. This is how they want to scare you so you give up. Keep going!! Do not let them control you. Encrypt your wallet and start/keep mining!!


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: Dr_k_noisewater on February 28, 2014, 04:13:16 PM
Why do you feel that bitcoin will reach that price by the fall? Just curious.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: Musent on February 28, 2014, 04:22:26 PM
I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: Xenophis on February 28, 2014, 04:25:56 PM
I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ before December? Not likely.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: whtchocla7e on February 28, 2014, 04:26:40 PM
I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ December? Not likely.

Dream on.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: BitOnyx on February 28, 2014, 04:29:10 PM
3k$ ? Well that's optimistic xD

There is no real reason to move away from bitcoin right now . Bankruptcy alone created fall of about 1,9% right now and it is rather unlikely for any further drastically changes. We definitely shouldn't  get panicky as we did few days ago.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: Musent on February 28, 2014, 04:45:13 PM
I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ before December? Not likely.
Even with that scenario, it would put btc at $1500, not double the estimate by the OP. Also, btc has some catching up to do since the MtGox debacle.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: Musent on February 28, 2014, 04:45:47 PM
To add, I do think BTC will rebound and hit about $1200 this year.


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: bolank01 on February 28, 2014, 04:46:23 PM
bad info for mee  :(


Title: Re: Mt. Gox Files for Bankruptcy (Buying time)
Post by: bananas on February 28, 2014, 05:05:25 PM
I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ before December? Not likely.

Did you expect it to go to $0? Happened to me in 2015.