Mt Gox RallY? Seriously. Well ok.

biafore (OP)

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Mt Gox RallY? Seriously. Well ok.

February 10, 2014, 02:58:01 PM

#1

Mt gox is passing 600 WTF

GigaCoin

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Giga

Re: Mt Gox RallY? Seriously. Well ok.

February 10, 2014, 03:07:48 PM

#2

buy buy buy

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revans

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Re: Mt Gox RallY? Seriously. Well ok.

February 10, 2014, 03:27:55 PM

#3

Standard Bitcoin plunge protection team stuff, not driven by real market sentiment. The downward trajectory will be resumed shortly.

EuroTrash

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Re: Mt Gox RallY? Seriously. Well ok.

February 10, 2014, 03:35:35 PM

#4

Quote from: biafore on February 10, 2014, 02:58:01 PM

Mt gox is passing 600 WTF

Of course. They announced that the problem is with BTC withdrawals. Fiat withdrawals work as usual.*
Maybe** the lemmings are now buying back their coins and heading for the fiat door.

* sarcasm intended.
** pure speculation of mine. I don't trade there since last year.

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gog1

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Re: Mt Gox RallY? Seriously. Well ok.

February 10, 2014, 03:42:26 PM

#5

Given their issue, it's almost a certainty that the amount of BTC they owe their customer is more than the BTC they have. However, now that they engineer the plunge, have they bought enough BTC to cover the shortfall?

I can see how some frustrated with USD withdraw will take a chance and buy BTC, with the discount relative to other exchanges. If they ever resume BTC withdrawal, do we see a plunge in BTC value on stamp and elsewhere?