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Author Topic: Don't worry  (Read 1631 times)
wopwop (OP)
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October 24, 2013, 08:18:57 AM
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The sellers will soon realize they cant withdraw their real money and must buy bitcoins again to avoid the MtGox bankruptcy, which would make them lose all their real money Cheesy

So just hold on and see the price go up again Grin
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ronaldlee0917
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October 24, 2013, 08:39:52 AM
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yea, whales trying hard to increase his holding of bitcoins.
They got to buyback at some point or else they will hold the bags of useless MtGox USD credit.

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October 24, 2013, 08:45:01 AM
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i'm not sorry for them at all. They could spend this time better by creating even tiniest services for bitcoin instead of wasting time watching price swings trying to rob other bitcoiners. We would be much further if people would stop having fun and the price would reflect that too what would be good for everybody.

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October 24, 2013, 08:46:37 AM
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This isn't all that good... It's definitely not a good idea. Bubbles are bad for growth, and this is an artificial price rise, much like a bubble.

I'm worried. But I'm still bullish as the 'real' price is still undervalued IMO.
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October 24, 2013, 10:44:20 AM
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i'm not sorry for them at all. They could spend this time better by creating even tiniest services for bitcoin instead of wasting time watching creating price swings trying to rob other bitcoiners. We would be much further if people would stop having fun and the price would reflect that too what would be good for everybody.

I have applied a patch to your text.

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October 24, 2013, 10:54:27 AM
 #6

The sellers will soon realize they cant withdraw their real money and must buy bitcoins again to avoid the MtGox bankruptcy, which would make them lose all their real money Cheesy

So just hold on and see the price go up again Grin

Why does this seem to be such a big issue?

Sure you can't withdraw Fiat at GOX, but you can trans your coins to somewhere like LocalBitcoins and sell at 3-8% ahead of GOX... its not hard!
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October 24, 2013, 10:55:56 AM
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There is nothing bad about taking a good profit. This is Bitcoin, it will go up and it will go down. So profit on it. And Mtgox will not go bankrupt, the amount of bids stayed about the same, even though coins were bought all the way up to 230, so there is loads of money on Gox. Most bought in below 200, so they could easily move to another exchange like Bitstamp without loosing money, but only a few have done that I think. So no worries.
wopwop (OP)
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November 07, 2013, 09:46:37 AM
 #8

bump Cheesy
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November 07, 2013, 09:53:08 AM
 #9

The sellers will soon realize they cant withdraw their real money and must buy bitcoins again to avoid the MtGox bankruptcy, which would make them lose all their real money Cheesy

So just hold on and see the price go up again Grin

Why they would not be able to withdraw? MtGox sais it takes about 2 months.

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wopwop (OP)
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November 08, 2013, 11:46:29 AM
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Bump again

As I said, sellers gotta buy, price willgo infinity Cheesy
TheDragonSlayer
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November 08, 2013, 03:07:32 PM
 #11

The sellers will soon realize they cant withdraw their real money and must buy bitcoins again to avoid the MtGox bankruptcy, which would make them lose all their real money Cheesy

So just hold on and see the price go up again Grin

Why they would not be able to withdraw? MtGox sais it takes about 2 months.

Its a lie I think, some people even waited up to 4 months and got nothing..

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