Someone who just wants to buy bitcoins doesnt just throw million dollar bids up.

Just a standard pump by the looks of it.

It would be possible by creating a block number n and all miners agree to include this block. The only thing in this block would be a transaction to a new address and the destruction of the gox coins. So at an agreed time this would become the next block and miners would carry on mining the blocks after that.  This is obviously only if they are lost and the addressees known.

Its a terrible idea for obvious reasons and any one thinking this would be a positive for bitcoin clearly do not understand it.

The plot thickens.

Seriously if this is true its just hilarious.

And you base this on what ?

If only you could short gox coin ...

Yes lets see but other than the hour so volume spike yesterday its been an average of 100/ hour for 2 days pretty much.

If the volume stays this low for much longer, I think once the volume pics up and the market starts to move its going to be quick as bears and bulls question themselves.

Yes its possible.

Bitcoin would be dead.

The low volume is concerning and a true indicator that the price isn't quite right. Like has been said if these were really 'cheap coins' then we would have people clamoring to buy them, I think the gox effect and the loss of faith of many early adopters, along with their funds will be felt for a while longer.

Your caps key keeps getting stuck, I think you should get it checked out. Oh and the full stop key as well.

The longer the bear market carries on and we're in this downtrend the fear is not gone, it just sets in more as people question its resilience.

Its not hard to manipulate a market with a fraction of those coins. They can move markets and take out profits on a small number of those coins.

Theres always a way to write an act that just about excuses violations of common law.

Its just so unfathomable to think of that amount of BTC just being lost. The fact that gox has said nothing just adds to the speculation.

I think this is the main issue and until we hear anything from gox themselves all manor of possibilities could be true.

In terms of hard fork to recover funds due to people not understanding counter-party risk ... er no.

hahahaha Read every second word.

I can definitely see us dipping a bit lower, even if only temporary.

Im not sure if we will break $400 but I still think the effect of gox will take some time to recover, there's still bad news and speculation to come until we know the truth. If ever.

The $400 drop just felt too quick and sudden to be a final capitulation.

Gox is not coming back!

Best method is to use an offline computer and bitaddress.org then use a punch and a piece of metal to stamp the generated private and public keys onto the metal. Make two copies, one in a bank safe or similar and one in your own safe. Keys can be encrypted for added security but dont forget the password.

Theres still money to be made trading the small swings to be fair.