I believe panic selling on Mt. Gox will ensue within 2 weeks

[Priceslide]

      Right now there is a major problem with the major exchange. No matter how you put it, the fact that money is only going one way is a big deal. People have a lot of money on invested, and there's an uncomfortable feeling surrounding "2 weeks". Here's a reddit thread talking about it: http://www.reddit.com/r/Bitcoin/comments/1gqbqa/the_2two_weeks_time_frame_paradox_thrown_a_lot/

       As the price of Bitcoin rises on the major exchange, the one that many base the exchange rate off of, people may start to worry that they'll never be able to get USD out of Mt. Gox again. If a lot of people start to worry, my prediction will come true.

[MOB]

You mean panic buying?

You mean what has been going on all day?

[Priceslide]

Yeah, I mean panic buying  

EDIT:

$112?? You ain't seen nothin yet.

[farlack]

Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

[Kupsi]

Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...

[smoothie]

HURRY UP AND PANIC PLEASE!
NOW NOW NOW NOW NOW! 

[farlack]

Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...

Oh I forgot because there isn't 493 services to sell bitcoin.

[davout]

Karpeles is a genius, he creates the panic, which in turn generates volume, which in turn generates fees, which in turn makes him solvent again. <Poof!>

[freedomno1]

I partially agree 
http://blogs.marketwatch.com/thetell/2013/06/20/bitcoin-prices-have-stayed-afloat-amid-the-fed-fueled-storm-but-look-out-ahead/

[Coinseeker]

There is nothing genius about what's going to happen.  Gox is going to close and they are taking all your money with them.  This is nothing more than a BFL stall tactic.  Two weeks will come and go and they will be long gone.  Gotta love the Bitcoin diehards who put their faith in the centralized Gox.     Be nice if they would at least pick some principles and stick with them. 

[Kupsi]

Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...

Oh I forgot because there isn't 493 services to sell bitcoin.

That doesn't help if you have your USD on Gox...

[31337157]

Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...

Oh I forgot because there isn't 493 services to sell bitcoin.

That doesn't help if you have your USD on Gox...

Purchase coin and transfer it out, sell where ever you have transferred it and lose a percent or two. I can't imagine anyone who uses bitcoin just waiting around like a sitting duck, if you dont want your money in there find a way to get it out.

[davout]

There is nothing genius about what's going to happen.  Gox is going to close and they are taking all your money with them.  This is nothing more than a BFL stall tactic.  Two weeks will come and go and they will be long gone.  Gotta love the Bitcoin diehards who put their faith in the centralized Gox.     Be nice if they would at least pick some principles and stick with them. 

You must be new here.

[btceic]

I still have $0.52859 in my account, any way to get that out?

Can't buy less then .01 BTC, and im sure a bank transfer would cost more than what it's worth, any ideas?

And yes i am serious, its only $0.52859 but it's my $0.52859

[davout]

any ideas?

Make a fuss about it, everyone will care.

[MoreFun]

I still have $0.52859 in my account, any way to get that out?

Can't buy less then .01 BTC, and im sure a bank transfer would cost more than what it's worth, any ideas?

And yes i am serious, its only $0.52859 but it's my $0.52859

Wait for price to drop to be able to buy .01 BTC  

[Coinseeker]

There is nothing genius about what's going to happen.  Gox is going to close and they are taking all your money with them.  This is nothing more than a BFL stall tactic.  Two weeks will come and go and they will be long gone.  Gotta love the Bitcoin diehards who put their faith in the centralized Gox.     Be nice if they would at least pick some principles and stick with them. 

You must be new here.

You must be blind.

[Kupsi]

Did they block WD of coin from mtgox? Why not move it to another exchange and get it off?

You need to buy the coins first...

Oh I forgot because there isn't 493 services to sell bitcoin.

That doesn't help if you have your USD on Gox...

Purchase coin and transfer it out, sell where ever you have transferred it and lose a percent or two. I can't imagine anyone who uses bitcoin just waiting around like a sitting duck, if you dont want your money in there find a way to get it out.

Yes, and that will drive the price up at Gox. But where can you sell and only lose a percent or two? Does Coinbase use Gox price?

[True___Blue]

I checked that this morning. It seems like they no longer use Gox for price. When I checked they were $7ish cheaper than Gox. Same with CampBX

[Lethn]

They're ramping up the money printing again and getting desperate, I'm pretty sure Bitcoins just going to either stay the same or go even higher, even on CNBC they're talking about how gold is at the same lows it was before the crash happened.