Bitcoin Forum

Economy => Speculation => Topic started by: bitcoinsrus on February 09, 2014, 10:54:37 AM



Title: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: bitcoinsrus on February 09, 2014, 10:54:37 AM
Whether or not gox makes an announcement tomorrow (on withdrawls etc) this will probably (or not) affect btc.
what do you guys think that gox will say (if they do)?
do you think this will have a negative or positive effect on btc?

do you think the price will plummet or exponentially increase?


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: pietje on February 09, 2014, 11:18:19 AM
Yea it will probably have effect.
Dont see a real crash and/or exponentially increase happening but maybe a drop/increase with 100ish


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: Miz4r on February 09, 2014, 11:22:38 AM
If BTC withdrawal issue gets completely fixed tomorrow everyone will run for the exit and the supply of BTC will very quickly dry up on Gox. The effect on the price seems obvious to me, it will shoot up like never before.


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: freddyfarnsworth on February 09, 2014, 11:34:42 AM
If BTC withdrawal issue gets completely fixed tomorrow everyone will run for the exit and the supply of BTC will very quickly dry up on Gox. The effect on the price seems obvious to me, it will shoot up like never before.

Are not we all buying BTC at this point ?


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: bitcoinsrus on February 09, 2014, 11:38:22 AM
If BTC withdrawal issue gets completely fixed tomorrow everyone will run for the exit and the supply of BTC will very quickly dry up on Gox. The effect on the price seems obvious to me, it will shoot up like never before.

Are not we all buying BTC at this point ?

i am waiting until monday (to consider buying) and to see what happens
if gox allows withdrawls and price up i am ok with this
if gox halts and price plummets, that works well to


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: jubalix on February 09, 2014, 11:51:17 AM
come on sheeple this is GOX

nothing will happen tomorrow.

remember the no fiat withdrawal, it never ended, now the kind of technical jam if thats what it really is isn't going to be solved in one day.


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: bitcoinsrus on February 09, 2014, 12:00:08 PM
come on sheeple this is GOX

nothing will happen tomorrow.

remember the no fiat withdrawal, it never ended, now the kind of technical jam if thats what it really is isn't going to be solved in one day.

i agree


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: Bitbuy on February 09, 2014, 12:48:07 PM
BTC withdrawal could cause a bank run though...
1) Increased price by people dumping the fiat into BTC --> price goes up
2) Withdrawing the newly bought BTC --> should not affect price


Title: Re: MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?
Post by: HeliKopterBen on February 09, 2014, 02:18:45 PM
Looks like the market may have bottomed already.  Gox announcement will probably make no difference unless it is a total shutdown by authorities.