Bitcoin Forum

Economy => Speculation => Topic started by: ask on July 03, 2013, 04:56:59 PM



Title: People are selling - where is the money
Post by: ask on July 03, 2013, 04:56:59 PM
This drop is completelly artificial.

We all know that there is hard to withdraw money from MtGox. Therefore all money from sold bitcoins remains on MtGox account.  And there is info that MtGox could be insolvent...

Only conclusion is that there is/are some speculators who just wanna earn some extra bitcoins based because of panic.

Enjoy!


Title: Re: People are selling - where is the money
Post by: N12 on July 03, 2013, 04:58:15 PM
The artificial or anomalous thing was the bubble. The current bear market or bubble deflation is only a result of the former.


Title: Re: People are selling - where is the money
Post by: ask on July 03, 2013, 05:00:46 PM
Dont think so. So they are leaving money on MtGox account and on the other hand they don't trust anything related to this exchange.

I wouldn't...


Title: Re: People are selling - where is the money
Post by: RodeoX on July 03, 2013, 06:12:04 PM
I'm not selling, i'm buying. and the money is called bitcoin. lol


Title: Re: People are selling - where is the money
Post by: Jaroslaw on July 03, 2013, 06:13:39 PM
im selling like a lot if these days


Title: Re: People are selling - where is the money
Post by: Open4lies on July 03, 2013, 06:16:56 PM
more logical would be buying BTC with MtGox money you have in account and take it out there fast  :D The daytraders deserve to loose the USD from MtGox


Title: Re: People are selling - where is the money
Post by: Jaroslaw on July 03, 2013, 06:18:17 PM
more logical would be buying BTC with MtGox money you have in account and take it out there fast  :D The daytraders deserve to loose the USD from MtGox

The lemming deserve for 10$ :D


Title: Re: People are selling - where is the money
Post by: Miz4r on July 03, 2013, 06:22:27 PM
When people can't withdraw their money they won't deposit their money either because that would be stupid. So you've got no money flowing in, but bitcoins are flowing out.


Title: Re: People are selling - where is the money
Post by: notme on July 03, 2013, 06:34:18 PM
more logical would be buying BTC with MtGox money you have in account and take it out there fast  :D The daytraders deserve to loose the USD from MtGox

Without day traders there would be no liquidity.  Let them play their zero sum game.  They don't deserve to be scammed any more than you or I.