People are selling - where is the money

[ask]

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!

[N12]

The artificial or anomalous thing was the bubble. The current bear market or bubble deflation is only a result of the former.

[ask]

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...

[RodeoX]

I'm not selling, i'm buying. and the money is called bitcoin. lol

[Jaroslaw]

im selling like a lot if these days

[Open4lies]

more logical would be buying BTC with MtGox money you have in account and take it out there fast  The daytraders deserve to loose the USD from MtGox

[Jaroslaw]

more logical would be buying BTC with MtGox money you have in account and take it out there fast  The daytraders deserve to loose the USD from MtGox

The lemming deserve for 10$

[Miz4r]

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.

[notme]

more logical would be buying BTC with MtGox money you have in account and take it out there fast  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.