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ohiofarmer (OP)
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February 24, 2014, 12:15:29 AM |
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Bitcoin prices on Mt. Gox have swung between $91 and $350 over the past three days... Weigh in on whether or not you think the exchange is doomed. What do you think they need to do survive?
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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vpitcher07
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February 24, 2014, 12:17:59 AM |
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I'd say it's 50/50 right now but i'm leaning more towards bankruptcy. The fact that they still allow trading while they hold withdrawals either means they are planning on coming back or are scamming everyone big time.
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Bitcoin: The currency of liberty
1HBJSf3Lm9i8KxjZ7fuoN9FJ8hniniFbv4
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flower1024
Legendary
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Activity: 1428
Merit: 1000
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February 24, 2014, 12:20:10 AM |
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you forgot to add:
after a few announcments of new announments they finally managed to solve it themselves and continue.
but we have to understand that we are only allowed to withdraw 1btc/day because of the risk they take beeing the biggest exchange and permanently attacked.
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ohiofarmer (OP)
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February 24, 2014, 12:21:17 AM |
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you forgot to add:
after a few announcments of new announments they finally managed to solve it themselves and continue.
but we have to understand that we are only allowed to withdraw 1btc/day because of the risk they take beeing the biggest exchange and permanently attacked.
Good point. I just added that... I didn't reset the votes since there are so few right now. |
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TheButterZone
Legendary
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Activity: 3052
Merit: 1031
RIP Mommy
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February 24, 2014, 12:23:57 AM |
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MtGox always finds a way to continue fucking everyone into oblivion, indefinitely.
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Saying that you don't trust someone because of their behavior is completely valid.
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SecondsOld
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February 24, 2014, 12:25:33 AM |
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I don't know why, but for some reason I think they will figure things out and get back up and running. One way or another, I'd like to see this drama come to an end.
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BitCoinsLOL
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February 24, 2014, 12:49:09 AM |
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I'd say it's 50/50 right now but i'm leaning more towards bankruptcy. The fact that they still allow trading while they hold withdrawals either means they are planning on coming back or are scamming everyone big time.
While collecting the trading fees and stringing customers along. I'll be optimistic 50/50... |
I never thought my life could be. Anything but catastrophe. But suddenly I begin to see. A "BIT" of good luck for me. Cause I've got a golden ticket!
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DooMAD
Legendary
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Activity: 3766
Merit: 3099
Leave no FUD unchallenged
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February 24, 2014, 12:52:23 AM |
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It's the nail in the coffin this time. Going down.
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BTCisthefuture
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February 24, 2014, 12:56:35 AM |
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No.
I simply don't see how they can ever regain customer confidence again. All the problems gox has had over the last 1.5 years with technical glitches, downtimes, insane verification wait times, customer service that doesn't respond, bank seizures causing banks not wanting to work with them, lawsuits that are still pending, government investigations that are still pending, customers unable to get their fiat out, and now customers unable to get their bitcoins out....... what could they possibly do to make people want to ever stay with them or come back with them. Especially when there are now other options out there and more options coming.
If anyone knows an answer to that, please let me know. Cause I don't see one. IMO I think gox will go under sometime in 2014 or early 2015.
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zeeshanblc
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February 24, 2014, 03:29:59 AM |
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Gox is already brain dead. There is no hope that it will survive.
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bitcoinanon
Member
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Activity: 71
Merit: 10
The way of the future...
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February 24, 2014, 03:58:24 AM |
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a mt gox collapse would probably be a healthy change.
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profall
Full Member
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Activity: 298
Merit: 100
dApps Development Automation Platform
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February 24, 2014, 04:00:02 AM |
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People used Gox because it was mentioned in the media a lot. I think everyone learned there is better exchanges now, and hopefully the media follows suit and forgets about Gox.
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charitybegin123
Newbie
Offline
Activity: 27
Merit: 0
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February 24, 2014, 06:12:28 AM |
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i was thinking about deposit fiat to mtgox.
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CoinsForTech
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February 24, 2014, 06:16:43 AM |
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No. Even if they do survive this speedbump I would say the damage is already too much.
I should also mention I do not expect them to survive in the short term.
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Bitware
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February 24, 2014, 06:58:02 AM |
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Karples is not without intellect. I believe he will bounce back as he has the last 3? (I lost count) times he erred.
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bitcoinminer
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February 24, 2014, 07:05:55 AM |
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i was thinking about deposit fiat to mtgox.
Good plan! You could also: -Throw it out the window -Use it to light a fire in your fireplace -Donate it to charity In my opinion, all 3 options would provide a better return on your investment. |
Be fearful when others are greedy, and greedy when others are fearful.
-Warren Buffett
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miragecash
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February 24, 2014, 08:39:53 AM |
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This is why the Gox will survive to Gox more investors in the bithole. Lot of guys like this one. LOL !!! i was thinking about deposit fiat to mtgox.
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snowfu199
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February 24, 2014, 08:45:43 AM |
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i was thinking about deposit fiat to mtgox.
Good plan! You could also: -Throw it out the window -Use it to light a fire in your fireplace -Donate it to charity In my opinion, all 3 options would provide a better return on your investment. seems your signature says the opposite |
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tzortz
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February 24, 2014, 08:49:59 AM |
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It will be better without them.  |
All is Mine!
1H7LUdfx9AFTMSXPsCBror3RDk57zgnc2R
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tanil
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February 24, 2014, 09:06:27 AM |
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It is just a cleaning social account to open new page ...
Come on guys be cool.
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