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Author Topic: Why do people still consider mtgox's price?  (Read 1231 times)
cmg5461
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February 14, 2014, 05:59:21 PM
 #1

We still have 3 other exchanges over $650, so why is everyone worried?

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February 14, 2014, 06:52:45 PM
 #2

Because it's on Bitcoinwisdom. We should campaign to have it taken off.
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February 14, 2014, 07:55:28 PM
 #3

Because it's on Bitcoinwisdom. We should campaign to have it taken off.

Doubt that will happen. Gox has the oldest chart history, and is useful for traders to look at what happened in 2011/2012, which is missing from most other exchanges.

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February 14, 2014, 08:35:28 PM
 #4

People are stupid.

Look inside yourself, and you will see that you are the bubble.
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February 16, 2014, 02:18:07 PM
 #5

People are stupid.

or Naive or lack information.

Not everyone is educated in the world of crypto, and mtgox seems like a trustworthy site to them due to its long history.

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February 16, 2014, 02:30:40 PM
 #6

But everyone seems to be sure that mtgox will stop existing and everyone will loose their bitcoins there!
They are not a ananymous company their Ceo and managers will go to jail if they still bitcoins!
So i think they have to work on a solution that everyone will/can get their bitcoins back!
I know it can be really stressfull for persons with a lot of bitcoins in mtgox in this moment!
But if i had some money there i would defently buy!
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February 17, 2014, 06:02:25 AM
 #7

not sell  mtgox will get bitcoin soon the prise is too cheap
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February 17, 2014, 10:16:22 AM
 #8

someone like to be panic and the other one spread the panic even it is not true, then they compose the current stream

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February 17, 2014, 12:28:42 PM
 #9

alot of press uses the mtgox price instead of coindesks price index. stupid.

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February 17, 2014, 12:39:28 PM
 #10

alot of press uses the mtgox price instead of coindesks price index. stupid.

They were one of the first and most used exchanges, simple as that.  They were also the highest quoted price generally, and the news agencies love quoting higher prices with higher fluctuations, makes better "news".

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February 17, 2014, 01:57:05 PM
 #11

You can't change just in a moment takes time. They have the volume also. I prefer to use avg. price of all the big exchanges, if you want better localbitcoin always has high prices.
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February 18, 2014, 01:13:45 PM
 #12

Only one exchange will verify me (others don't want to verify my address), kraken, so I only look at the price there. Far less drama than elsewhere.
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