MT GOX. potential update tomorrow. Thoughts on this and how it effects bitcoin?

[bitcoinsrus]

Whether or not gox makes an announcement tomorrow (on withdrawls etc) this will probably (or not) affect btc.
what do you guys think that gox will say (if they do)?
do you think this will have a negative or positive effect on btc?

do you think the price will plummet or exponentially increase?

[1714512895]

1714512895

[pietje]

Yea it will probably have effect.
Dont see a real crash and/or exponentially increase happening but maybe a drop/increase with 100ish

[Miz4r]

If BTC withdrawal issue gets completely fixed tomorrow everyone will run for the exit and the supply of BTC will very quickly dry up on Gox. The effect on the price seems obvious to me, it will shoot up like never before.

[freddyfarnsworth]

If BTC withdrawal issue gets completely fixed tomorrow everyone will run for the exit and the supply of BTC will very quickly dry up on Gox. The effect on the price seems obvious to me, it will shoot up like never before.

Are not we all buying BTC at this point ?

[bitcoinsrus]

If BTC withdrawal issue gets completely fixed tomorrow everyone will run for the exit and the supply of BTC will very quickly dry up on Gox. The effect on the price seems obvious to me, it will shoot up like never before.

Are not we all buying BTC at this point ?

i am waiting until monday (to consider buying) and to see what happens
if gox allows withdrawls and price up i am ok with this
if gox halts and price plummets, that works well to

[jubalix]

come on sheeple this is GOX

nothing will happen tomorrow.

remember the no fiat withdrawal, it never ended, now the kind of technical jam if thats what it really is isn't going to be solved in one day.

[bitcoinsrus]

come on sheeple this is GOX

nothing will happen tomorrow.

remember the no fiat withdrawal, it never ended, now the kind of technical jam if thats what it really is isn't going to be solved in one day.

i agree

[Bitbuy]

BTC withdrawal could cause a bank run though...
1) Increased price by people dumping the fiat into BTC --> price goes up
2) Withdrawing the newly bought BTC --> should not affect price

[HeliKopterBen]

Looks like the market may have bottomed already.  Gox announcement will probably make no difference unless it is a total shutdown by authorities.