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Author Topic: Where mtgox goes?  (Read 790 times)
jtminer (OP)
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February 17, 2014, 06:36:38 AM
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Falling like this, at the end of day, mtgox will just fade away......
what do you think ?
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February 17, 2014, 06:40:36 AM
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i hope not. When he awaken will be damn good !
Sonny
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February 17, 2014, 07:22:57 AM
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I believe mtgox is already dying...
IIRC, there were posts out there saying some guys were able to withdraw bitcoin from mtgox again and again by cheating mtgox with malled tx...
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February 17, 2014, 08:27:46 AM
 #4

With what's been going on for the last few weeks, I'm rather sceptical about mtgox's fate.

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chocomav
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February 17, 2014, 08:35:41 AM
 #5

Mt Gox will probably continue trading for years but only at a fraction of the current volume. However, when they do eventually allow BTC withdrawals, I would expect the price of bitcoin on their exchange to shoot up to $700+ within minutes, as the temporary price arbitrage opportunity between exchanges closes. So if you have fiat on Mt.Gox, this is a good opportunity to buy some cheap BTC.
sase007
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February 17, 2014, 08:40:05 AM
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Hell my friend, hell Smiley
alekfor
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February 17, 2014, 09:16:54 AM
 #7

Mtgox is not Mtgox more
rohnearner
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February 17, 2014, 09:50:31 AM
 #8

Falling like this, at the end of day, mtgox will just fade away......
what do you think ?
future of mtgox is not looking bright, because there is no value of fake promises in this world of serious biz. and all that chaos mtgox created and blamed on others did enough negative publicity for them..!

bittyweb
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February 17, 2014, 09:54:05 AM
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I hate mtgox rates, and their actions.  Huh
SlowMotion
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February 17, 2014, 09:58:36 AM
 #10

Falling like this, at the end of day, mtgox will just fade away......
what do you think ?
future of mtgox is not looking bright, because there is no value of fake promises in this world of serious biz. and all that chaos mtgox created and blamed on others did enough negative publicity for them..!

+1
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February 17, 2014, 10:06:06 AM
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This is a fine example how some bad news can kill a business.
rohnearner
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February 17, 2014, 10:10:42 AM
 #12

This is a fine example how some bad news can kill a business.
And they must not blame others for there failure , that is more irresponsible and demolish the credibility of there own.!

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February 17, 2014, 10:19:42 AM
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If they didn't announce the bug, I think the btc price wouldn't have plummeted.
eyebuyyourcoinz
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February 17, 2014, 10:26:30 AM
 #14

So if you have fiat on Mt.Gox, this is a good opportunity to buy some cheap BTC.

Thumbs up!  I am hoping to buy cheap Gox coins but don't have an account yet.  Hopefully someone answers my thread with newb questions soon  Smiley
Sonny
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February 18, 2014, 01:37:57 AM
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If they didn't announce the bug, I think the btc price wouldn't have plummeted.

That bug (Transaction Malleability) was discovered in May 2011, and there has been through discussion at that moment.

The problem with mtgox is that, they have been ignoring it for almost 3 years, and use tx id solely to recognize withdrawals.

I believe the "crash" (or "correction") in btc price is due to, panic-selling from uninformed people reading those FUDs (eg. bitcoin is flawed, etc).
Sonny
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February 18, 2014, 01:40:35 AM
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So if you have fiat on Mt.Gox, this is a good opportunity to buy some cheap BTC.

Thumbs up!  I am hoping to buy cheap Gox coins but don't have an account yet.  Hopefully someone answers my thread with newb questions soon  Smiley

I remember reading a post somewhere in the forum, saying that you should better hold USD (instead of btc) in your mtgox balance, as it will be better and easier to file a court case later.

DanielVG
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February 18, 2014, 02:07:56 AM
 #17

I don't believe in the survival of MTGox anymore.
Baitty
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February 18, 2014, 02:10:18 AM
 #18

I don't believe in the survival of MTGox anymore.

Even if they did reopen no one would trust them because of what they have done.

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