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Bitcoin down to $569??
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Topic: Bitcoin down to $569?? (Read 2615 times)
boomertoo
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Re: Bitcoin down to $569??
March 22, 2014, 12:16:58 PM
#21
I buy a fixed usd amount of BTC every week, so I get more
if the price is lower, and that is a good thing if you believe
like I do that a single satoshi will match 1 usd within 20 years (Sooner if China demands debt payment).
So that being said invest only what you can afford to loose.
anu
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RepuX - Enterprise Blockchain Protocol
Re: Bitcoin down to $569??
March 22, 2014, 12:27:27 PM
#22
Quote from: UnDerDoG81 on March 22, 2014, 12:07:53 PM
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
Crash the Bitcoin price to nothing, use that price to calculate debt -> all debt paid. And something left for the lawyers and MK.
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UnDerDoG81
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Re: Bitcoin down to $569??
March 22, 2014, 06:44:59 PM
#23
Quote from: anu on March 22, 2014, 12:27:27 PM
Quote from: UnDerDoG81 on March 22, 2014, 12:07:53 PM
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
Crash the Bitcoin price to nothing, use that price to calculate debt -> all debt paid. And something left for the lawyers and MK.
Well wow, thats really evil. So yeah, you are right, Gox gonna do that.
chesthing
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Re: Bitcoin down to $569??
March 23, 2014, 12:30:47 AM
#24
Quote from: raskul on March 22, 2014, 10:40:31 AM
Quote from: Rigon on March 22, 2014, 09:39:43 AM
I think the 200k bitcoins is not yet sold. The market is just anticipating they would be selling the bitcoins.
markets are reactive, not proactive. you clearly have no idea.
That's a bit harsh. I'm sure a lot of people are scared to buy right now with question marks attached to 100k's of coins out there.
Cluster2k
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Re: Bitcoin down to $569??
March 23, 2014, 01:05:59 AM
#25
Quote from: UnDerDoG81 on March 22, 2014, 12:07:53 PM
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
MtGox has bitcoin and cash debts, so some bitcoins will have to be sold to cover the missing money. It's possible MtGox will have another 'oops, we found some cash down the back of the couch!' moment but I wouldn't count on it.
raskul
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Re: Bitcoin down to $569??
March 23, 2014, 06:59:22 AM
#26
the current trend has little, or nothing to do with gox.
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
InCoinsITrust
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Re: Bitcoin down to $569??
March 23, 2014, 07:08:12 AM
#27
there shoul be more newcomers who are selling BTC right away it is mined, it will change when diff rises and they will stay smarter.
segeln
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Re: Bitcoin down to $569??
March 23, 2014, 02:59:43 PM
#28
Quote from: UnDerDoG81 on March 22, 2014, 12:07:53 PM
Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?
best comment on this Problem
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