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Author Topic: Mt. Gox Files for Bankruptcy (Buying time)  (Read 734 times)
feardox
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February 28, 2014, 03:31:52 PM
 #1

http://www.reuters.com/article/2014/02/28/us-bitcoin-mtgox-bankruptcy-idUSBREA1R0FX20140228

Blaming others for their mistake is another manipulated game system. After all JPY already made their money back trading against GBP and other currencies and blended bitcoins to cover their losses which overall is fake. They still have 10% of the market's bitcoin in their hands and do not want to sell/share it. They are "legally" getting out of the game after they made so much, which there will open another company soon in another country etc.
Time to buy some more bitcoins and miners people! Its perfect time for this. Do not let the media fear/scare you due to emotional or stupidity. Invest!!
I'm expecting the BTC to be at 2500-3000 dollars a piece in oct/nov 2014. This is how they want to scare you so you give up. Keep going!! Do not let them control you. Encrypt your wallet and start/keep mining!!
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Dr_k_noisewater
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February 28, 2014, 04:13:16 PM
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Why do you feel that bitcoin will reach that price by the fall? Just curious.
Musent
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February 28, 2014, 04:22:26 PM
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I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.
Xenophis
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February 28, 2014, 04:25:56 PM
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I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ before December? Not likely.

ETH: 0xEc0877927373AB905204ddc39B5017D6162c8b98
whtchocla7e
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February 28, 2014, 04:26:40 PM
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I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ December? Not likely.

Dream on.
BitOnyx
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February 28, 2014, 04:29:10 PM
 #6

3k$ ? Well that's optimistic xD

There is no real reason to move away from bitcoin right now . Bankruptcy alone created fall of about 1,9% right now and it is rather unlikely for any further drastically changes. We definitely shouldn't  get panicky as we did few days ago.

Musent
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February 28, 2014, 04:45:13 PM
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I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ before December? Not likely.
Even with that scenario, it would put btc at $1500, not double the estimate by the OP. Also, btc has some catching up to do since the MtGox debacle.
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February 28, 2014, 04:45:47 PM
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To add, I do think BTC will rebound and hit about $1200 this year.
bolank01
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February 28, 2014, 04:46:23 PM
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bad info for mee  Sad
bananas
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February 28, 2014, 05:05:25 PM
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I don't think I agree with the OP's perspective. $2500-$3000 in 8 months? Not likely.

Not taking sides, but early last year when the price bounced from $12 - $15 to $40, did you expect it to hit $1,000+ before December? Not likely.

Did you expect it to go to $0? Happened to me in 2015.
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