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The data coming out of Gox now only reflects a company going bust.
It's the kind of thing you might be looking at if you were working on a company going into administration.
It is no longer in any way linked to the price of Bitcoin.
Looking at Gox on the charts you are really watching a company failing. But the charts are meant to show data for the Bitcoin market, not the Gox market.
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No ideas?
We are watching a company fail in real time, but the wider world may have a hard time differentiating between Gox and Bitcoin itself.
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Just an idea at this stage.
Gox is still affecting the market. Why? Because people are watching the charts.
If Gox won't do the decent thing and stop everything including trading in order to prepare a definitive and honest announcement on their situation, then they should be cut out of the market by force as much as possible. Why let them do their best to drag Bitcoin down with them? This has to stop.
People with funds on Gox, would you prefer them to freeze everything or just keep rolling as they are now?
If you think the petition idea is stupid please let me know why. Otherwise who would support a petition sent to Bitcoin wisdom, Clark Moody. Bitcoincharts, etc. ?
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