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Author Topic: What do you really think the bottom of bitcoin price after MTGOX is down?  (Read 4844 times)
520Bit (OP)
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February 11, 2014, 08:00:36 AM
 #1

What do you really think the bottom of bitcoin price after MTGOX is down?

Is $500 the bottom price of bitcoin now?
$400?
$300?
$200?
$100?
$80?

Let me know your thoughts!
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February 11, 2014, 08:11:03 AM
 #2

My target is 100$, thats both a technical support level and a psychological level.
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February 11, 2014, 08:12:17 AM
 #3

My target is 100$, thats both a technical support level and a psychological level.
No that ia too cheap. 400 - 500$ maybe.

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520Bit (OP)
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February 11, 2014, 08:22:02 AM
 #4

I believe that if MTGOX announce another negative news, the price will drop half again. So the market is still full of fear. Only MTGOX is dead completely, the market will be stable and rebuild the ecosystem again. As long as MTGOX existed, the market will be manipulated by them.
520Bit (OP)
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February 11, 2014, 08:26:09 AM
 #5

are you talking about the BTC price in general....or at gox...?

MTGOX will impact the price.
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February 11, 2014, 08:29:18 AM
 #6


nah.
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February 11, 2014, 08:29:57 AM
 #7

Go post in Speculation idiots.

MtGox will impact the price..... right Roll Eyes
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February 11, 2014, 08:30:04 AM
 #8

700$  Roll Eyes

520Bit (OP)
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February 11, 2014, 08:33:56 AM
 #9

I wish MTGOX went to the hell, never back. They had fiat withdrawal issue last year due to BTC was cheaper at that time, and they have BTC withdrawal issue now because of the higher price. What a ridiculous!

Here is one of my fiat withdrawal issue last year, I never withdrawal both fiat and BTC successfully at MTGOX!

Quote
## Please do not write below this line ##
Ticket #127204: International withdrawal 19-9-2013
Your request (#127204) has been marked as solved, pending closure. Should you believe that your request has not been adequately addressed and wish to postpone closure, or should you wish to review or comment upon your request, please follow the link below:
http://support.mtgox.com/requests/127204

Mt.Gox Support appreciates any feedback that you may wish to provide.


Alex Support, Nov 26 01:48 (JST):
Dear Customer,

Thank you for your patience and sorry for the delay.

As per your request. We have canceled your withdrawal request and the funds has been credited back to your MT GOX account. We are trying to move ahead with new banking partners globally to speed-up the funds transfer process. We will get back to you with an updated status once things are fixed.

Best regards,

Mt.Gox Team
https://www.mtgox.com

[Attention: Please protect your account using OTP to ensure that your funds are safe and secure. Failing to do so makes your information vulnerable to hackers.
Please visit https://mtgox.com/security]


Me, Nov 23 12:34 (JST):
Hello,


Please cancel my withdraw so that I can make trade.

--
Thanks and best regards!

At 2013-11-20 02:05:34,"Alex Support" <notifications-info@mtgox.com> wrote:


Alex Support, Nov 20 03:05 (JST):
Hello,

Thank you for your patience.

Currently we are working on backlogs that need to be cleared soon, and also now we are in-talks with new banking partners globally to speed-up the funds transfer process. We expect this to be completed soon We will update you once the withdrawal is processed.

Meanwhile you have an option to cancel your withdrawal request and funds will be credited back to you wallet for your future trade. Please confirm us if you wish to proceed for this option.

Best regards,

Mt.Gox Team
https://www.mtgox.com

[Attention: Please protect your account using OTP to ensure that your funds are safe and secure. Failing to do so makes your information vulnerable to hackers.
Please visit https://mtgox.com/security]


Me, Nov 19 15:49 (JST):
Dear Mtgox,


Any update about my withdraw? Two months passed, I never got my money. Why???


Thanks and best regards!


At 2013-09-29 22:06:59,"Alex Support" <notifications-info@mtgox.com> wrote:


Alex Support, Sep 29 23:06 (JST):
Dear Valued Customer,

Thank you for contacting us regarding your withdrawal request - 627.92 towards CHINA MERCHANTS BANK

Due to a change in our banking system we are currently experiencing a back-log of withdrawals that we need to process. Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome. It will take a few weeks to get back to normal, and we thank you for your patience during this time.

Again, we apologize for the delay and we will contact you once your withdrawal has been processed.


Best regards,

Mt.Gox Team
https://www.mtgox.com

[Attention: Please protect your account using OTP to ensure that your funds are safe and secure. Failing to do so makes your information vulnerable to hackers.
Please visit https://mtgox.com/security]


Me, Sep 29 22:24 (JST):
Why not succeed since I applied withdraw cash? I do not get any RMB since I applied withdrawing.
520Bit (OP)
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February 11, 2014, 08:40:29 AM
 #10

The MTGOX can only say apologize, come on, we don't need any apologizes, we need BTCitcoins!
520Bit (OP)
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February 11, 2014, 08:51:06 AM
 #11

If MTGOX make one more statement , the price will drop again.
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February 11, 2014, 08:57:30 AM
 #12

400 maybe 350 if lucky
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February 11, 2014, 09:18:26 AM
 #13

around 500 then bounce back.  of course it would have a short term impact , but long term bitcoin always bounces back it seems whenever gox causes prices to drop.

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February 11, 2014, 10:16:36 AM
 #14

I think it will go down to 250$-450$ (wild range I know) and when it bounces back for good, it will eventually reach new highs within a year

Let's be bold and try to predict accurately : it will not go down more than 375$ and it will bounces back before the end of 2014 at 3-4000$ a pop when the dollar will start crashing down

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February 11, 2014, 10:20:32 AM
 #15

Around $500. If gox dies then god knows.
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February 11, 2014, 10:28:39 AM
 #16

I think the future of MtGox's offline is clear to most people, that kind of expectation has been show in the current price, so that will not be huge damage to the market.

$500 should be safe, and a bounce back is expected.
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February 11, 2014, 10:40:40 AM
 #17

i do believe ive said 630 before we see any rise in price ive told a friend at work and well see if its true
Asrael999
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February 11, 2014, 10:45:15 AM
 #18

If MTGOX goes down and takes peoples fiat and coins with it - is that an idictment of bitcoin, or a demonstration of counterparty risk, and a lesson not to keep to much coin or fiat on exchange?

Regardless of what happens, in the longer run gox no longer existing is a positive for bitcoin

If the price falls I will be buying (on stamp) below $500, until my fiat held there (not a lot) runs out, then I will HODL
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February 11, 2014, 10:58:13 AM
 #19

I think the future of MtGox's offline is clear to most people, that kind of expectation has been show in the current price, so that will not be huge damage to the market.

$500 should be safe, and a bounce back is expected.
I agree ~$500. The target price as you can see is at least ~$700, the average price before the Gox crash was staying above that level and quickly went back there, even though the problem hasn't been resolved.

520Bit (OP)
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February 20, 2014, 01:05:59 PM
 #20

MTGOX price is less than $145 now. MTGOX is really dead!
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