Bitcoins Keep getting lower...

[designbuyers]

I am unsure what is happening, bitcoin keep getting low, anyone notice ?

[ISAWHIM]

Nope... didn't notice hundreds of thousands of BTC being cashed-out on all exchanges... Completely missed it.

All month long... xD

[matt4054]

Also, I've heard of some thing called MT.GOX, and some issues, maybe. Anyone else heard about this?

Any connection between their debacle and the dipping price can only be coincidence.

[DeathAndTaxes]

Thanks for the heads up.  I thought they were going up but then I realized I had the monitor upside down.  You probably saved me a fortune.

[igroock]

This month has been all bad news. Next month it should be back up to what it was a month ago.

[Bobsurplus]

Also, I've heard of some thing called MT.GOX, and some issues, maybe. Anyone else heard about this?

Any connection between their debacle and the dipping price can only be coincidence.

I think the company your thinking about is called MT Goxbux or something.

[anteater2009]

I am unsure what is happening, bitcoin keep getting low, anyone notice ?

Oh no!!! I just woke up from my cryogenic chamber and found this. Thanks for the early warning.
Now its time for me to set to hibernation mode and return to Bitcoin scene after six months when things would settle down.

[bbit]

Thanks for the heads up.  I thought they were going up but then I realized I had the monitor upside down.  You probably saved me a fortune.

hahaha ^^ .

[Phinnaeus Gage]

All I did in the past three hours was watch Enemy of the State on YouTube (first full movie I've watched in months) and took an hour long shit. What the fuck is happening?

[Bobsurplus]

All I did in the past three hours was watch Enemy of the State on YouTube (first full movie I've watched in months) and took an hour long shit. What the fuck is happening?

Gox Died Dude! 

The game is over, jump ship while you still can.


 

[matt4054]

Gox Died Dude! 

The game is over, jump ship in cheap while you still can.

ftfy

[CoinHoarder]

http://www.youtube.com/watch?v=K2ku1A5Ox8U

Is this the last time everyone will get goxxed?

Thanks for the heads up.  I thought they were going up but then I realized I had the monitor upside down.  You probably saved me a fortune.

Put the whiskey down!  

[Tonka Branded Truck]

The weak hands is selling their bitcoin because mtgox is closing. Very irrelevant. Now is the time to buy bitcoin.

[instructor2121]

Thanks for the heads up.  I thought they were going up but then I realized I had the monitor upside down.  You probably saved me a fortune.

lol...

[matt4054]

Remember the short term effect on price after Silk Road was shut down? It was supposed to be the only real use of Bitcoin after all, wasn't it?

And do you remember what had become of that crashed BTC price just 2 months later? Just saying...

[Bobsurplus]

The weak hands is selling their bitcoin because mtgox is closing. Very irrelevant. Now is the time to buy bitcoin.

You don't get it!

Do you trust an exchange to hold your money or coins?

I don't.

[matt4054]

Do you trust an exchange to hold your money or coins?

I do, for a couple of hours (for BTC) or days (for fiat). And I observe them, read a lot about them before using them. For small amounts at first, and limited amounts afterwards.

When I want to buy 2 BTC at Bitstamp, I make a fiat deposit, as soon as it's credited I exchange it to BTC, and withdraw it.
When I want to sell 2 BTC at Bitstamp, I make a BTC deposit, as soon as it's credited I exchange it to fiat, and withdraw it.

Am I more intelligent that the average person? Common... why would you use an exchange like a deposit bank, seriously?

[ISAWHIM]

Here is the secret to trading...

When prices are high, cash-out for money... Lots of it...

When prices are low, cash-in for BTC... Lots of it...

What a novel idea! I know, right... Apparently that concept is catching-on... Just an observation I made the last few years I have been here. Might try it now! Looks like it works real well for a bunch of other people.

Shhh... don't tell everyone, or you will screw it up for the rest of us.

[Bobsurplus]

were going bellow 400 now.

[bananas]

Better sell whoever is still on a profit, it will go very low and stay like that. If you are not on a profit maybe it is better to hold and wait.

[ncsupanda]

Better sell whoever is still on a profit, it will go very low and stay like that. If you are not on a profit maybe it is better to hold and wait.

This seems lie a great opportunity to buy 

[miketonic]

-22 % in 24 hours...wow

[bananas]

Better sell whoever is still on a profit, it will go very low and stay like that. If you are not on a profit maybe it is better to hold and wait.

This seems lie a great opportunity to buy  

At around $100, if it does look like going even lower, i think it is worth to buy all you can. More than that is VERY risky. The price was going down hill for the last 48hrs(nothing to do with gox), and now we have the gox issue...crash.

[anteater2009]

were going bellow 400 now.

Bitstamp holding at 400 right now. Anyway I'm not gonna sell my 0.6 BTC even if it goes to $10.

[dmartig]

I am unsure what is happening, bitcoin keep getting low, anyone notice ?

how did you get to post on the adult forum?

[DieJohnny]

funny funny post OP!!

[matt4054]

The price was going down hill for the last 48hrs(nothing to do with gox), and now we have the gox issue...crash.

You are seriously misguided if you think the price going down the last 48h (more the last two weeks actually) had "nothing to do with gox"

Gox has always been around looming as a potential plague on the reputation of Bitcoin.
That potential plague is now actual. Bitcoiners will get over it, realise that there are much more efficient, competent exchanges around, and readily available. And then it'll be back to normal.

[bananas]

The price was going down hill for the last 48hrs(nothing to do with gox), and now we have the gox issue...crash.

You are seriously misguided if you think the price going down the last 48h (more the last two weeks actually) had "nothing to do with gox"

Gox has always been around looming as a potential plague on the reputation of Bitcoin.
That potential plague is now actual. Bitcoiners will get over it, realise that there are much more efficient, competent exchanges around, and readily available. And then it'll be back to normal.

I don't believe gox was having an impact on other exchanges, but if it was the impact will be just massive now.

[InCoinsITrust]

The price was going down hill for the last 48hrs(nothing to do with gox), and now we have the gox issue...crash.

You are seriously misguided if you think the price going down the last 48h (more the last two weeks actually) had "nothing to do with gox"

Gox has always been around looming as a potential plague on the reputation of Bitcoin.
That potential plague is now actual. Bitcoiners will get over it, realise that there are much more efficient, competent exchanges around, and readily available. And then it'll be back to normal.

How soon will it take for masses to go to other exchanges ?

[designbuyers]

Price was over 1000 and now price is 450 - 460 !!

[chesthing]

Price was over 1000 and now price is 450 - 460 !!

HOLY SHIT, BETTER PANIC!!

[designbuyers]

Going to be 500 now..

[Bizmark13]

Bought my first bitcoins today: $80 worth of bitcoins at $580 per BTC.

Then hours later the MtGox insolvency document was leaked. Now they're trading at ~$520 per BTC according to preev.com.

Not the best timing.

I intend to hold onto them for years though so I'm not too worried.

[chesthing]

A whole $80? why bother?

[hostmaster]

I am unsure what is happening, bitcoin keep getting low, anyone notice ?

General trust to Bitcoin lessened and people less want to buy it. Because out there many bad news about mtgox...