smoothie
Legendary
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Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
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February 20, 2014, 04:08:21 AM |
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Bitcoin wouldn't have reached $1000 as early as it did without Gox. Show some respect.
Wrong. MTGOX has been one company that has brought so much bad press to Bitcoin as a whole. They are a failure of a Bitcoin exchange. The free market has proven that they dont believe BTC will be a good way to get funds out of MTGOX.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
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February 20, 2014, 04:09:20 AM |
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I don't actually understand who is selling their coins at these low prices? Why sell on gox for $250 when you could just pop them over to bitstamp and get $600+?
Please keep up. Anyone with coins on gox can't withdraw them to sell elsewhere....hence why they aren't doing that.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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Beliathon
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February 20, 2014, 04:14:23 AM |
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I don't actually understand who is selling their coins at these low prices? Why sell on gox for $250 when you could just pop them over to bitstamp and get $600+?
Please keep up. Anyone with coins on gox can't withdraw them to sell elsewhere....hence why they aren't doing that. Anyone except Mark Kerpall... Kerp.. Kerpallaous.. .Ke...
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AlvinZ
Newbie
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Activity: 48
Merit: 0
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February 20, 2014, 05:29:42 AM |
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scam,scammer. Obviously, mtgox itself is stealing btc and $ from its users. if you are one participant, you'd better keep your account silent without any trade. if you can join it now, just go to buy bitcoin and keep them.
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superduh
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February 20, 2014, 06:05:54 AM |
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I don't actually understand who is selling their coins at these low prices? Why sell on gox for $250 when you could just pop them over to bitstamp and get $600+?
Please keep up. Anyone with coins on gox can't withdraw them to sell elsewhere....hence why they aren't doing that. noone can withdraw FIAT or Bitcoins. bitcoins are faster to withdraw so people should be holding bitcoins, logically.
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ok
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Hunterbunter
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February 20, 2014, 06:22:31 AM |
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and the sites back up?
My bot's been working fine on there all year.
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BiTJack
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February 20, 2014, 06:33:52 AM |
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h3rlihy
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February 20, 2014, 06:45:04 AM |
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I don't actually understand who is selling their coins at these low prices? Why sell on gox for $250 when you could just pop them over to bitstamp and get $600+?
Please keep up. Anyone with coins on gox can't withdraw them to sell elsewhere....hence why they aren't doing that. noone can withdraw FIAT or Bitcoins. bitcoins are faster to withdraw so people should be holding bitcoins, logically. Oh shit son. I thought it was just fiat they were clinging onto. My mistake
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evoked22
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February 20, 2014, 06:53:54 AM |
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Go on... LOL i love it
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SnZN5o2ePUgtr9roQyavBC3r41vz7p63ne
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invisiblefriend
Newbie
Offline
Activity: 55
Merit: 0
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February 20, 2014, 07:01:13 AM |
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not sure why so many peeps want to see them go away -- it will show that if you r down u r down -- and now any service can just take off with millions of dollars -- next time it will be the service u may use -- we all should want mtgox to survive -- announcement about to hit -- they aren't going anywhere anytime soon --- the future who knows --- i hope they grow to be the top dog once again ! they helped this entire movement ! they made millionaires ! they helped others get started ? i think we all should be hoping for them to recover ! don't give the other markets any ideas of what they can do once they have a few million of your money > ? peace n respect 2 all
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 20, 2014, 07:05:41 AM |
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Wow, we are about to see under $200 on Gox...
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superduh
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February 20, 2014, 07:11:55 AM |
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Wow, we are about to see under $200 on Gox...
if the people who sold don't buy back below their sell, they will lose a lot of money when price hits $500+ shortly. just another "greater fool" market tactic of not being the last to sell at the bottom
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ok
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 20, 2014, 07:12:10 AM |
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Wow, Gox is still going bonkers...I just saw it bounce up to $250, and then back down to $200 within a matter of about 2 seconds. It also seems to be slowly dragging down prices straight across the board on other exchanges. Even LTC is hitting lows right now too...
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 20, 2014, 07:17:32 AM |
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10k of bitcoins sold off in last hour on Gox, and counting...
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superduh
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February 20, 2014, 07:18:27 AM |
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ill buy goxbux with a 4:1 ratio
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ok
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 20, 2014, 07:20:23 AM |
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WTF?!!! there are 85,000 buy orders for under $1...can you believe that???
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 20, 2014, 07:21:30 AM |
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ill buy goxbux with a 4:1 ratio There are going to be some very happy campers if somehow withdrawals are restored and they just loaded up on coins for like $100
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sprinkle
Newbie
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Activity: 27
Merit: 0
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February 20, 2014, 07:28:21 AM |
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ill buy goxbux with a 4:1 ratio There are going to be some very happy campers if somehow withdrawals are restored and they just loaded up on coins for like $100 It's almost to the point of 'why not' just drop a Benjamin and see what happens.
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minerdetail
Newbie
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Activity: 28
Merit: 0
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February 20, 2014, 07:31:18 AM |
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Not sure I understand this fully.
Is it impossible to withdraw Bitcoins from MtGox to another exchange?
It seems weird that the price is dumping.
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sprinkle
Newbie
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Activity: 27
Merit: 0
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February 20, 2014, 07:33:30 AM |
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Not sure I understand this fully.
Is it impossible to withdraw Bitcoins from MtGox to another exchange?
It seems weird that the price is dumping.
The basic gist is that most investors believe Gox is going to go bankrupt and it's better to have a claim against them in fiat than in btc -- so people are dumping all they can, and at this point, at whatever price they can get. And that's correct -- can't withdraw in either fiat or BTC, thus further driving the panic.
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