Bitcoin Forum
May 01, 2024, 07:19:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How low will MtGox go?  (Read 696 times)
User705 (OP)
Legendary
*
Offline Offline

Activity: 896
Merit: 1006


First 100% Liquid Stablecoin Backed by Gold


View Profile
February 07, 2014, 06:10:00 AM
 #1

Let's picture a user on MtGox after seeing the latest notice about "technical difficulties"  He/she can't get XBT out so better to sell and start taking screenshots of fiat balances.  Might as well be in fiat since at least one can try a regular lawsuit or something to get that fiat back.  USDOJ has a bunch of millions of MtGox money and bank accounts are at least somewhat traceable.  In such an extreme scenario the rate should dip below other exchanges which in theory might get some fresh fiat back into MtGox.  Possibility or is Gox done for anyways?

1714591162
Hero Member
*
Offline Offline

Posts: 1714591162

View Profile Personal Message (Offline)

Ignore
1714591162
Reply with quote  #2

1714591162
Report to moderator
1714591162
Hero Member
*
Offline Offline

Posts: 1714591162

View Profile Personal Message (Offline)

Ignore
1714591162
Reply with quote  #2

1714591162
Report to moderator
1714591162
Hero Member
*
Offline Offline

Posts: 1714591162

View Profile Personal Message (Offline)

Ignore
1714591162
Reply with quote  #2

1714591162
Report to moderator
The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714591162
Hero Member
*
Offline Offline

Posts: 1714591162

View Profile Personal Message (Offline)

Ignore
1714591162
Reply with quote  #2

1714591162
Report to moderator
fonzie
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
February 07, 2014, 06:29:31 AM
 #2

I´m not 100% sure about Gox, but another user presented a not so bright outlook for Bitstamp. I don´t think MtGox will go much lower.



Zero very soon.

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!