Bitcoin down to $569??

[boomertoo]

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]

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.

[UnDerDoG81]

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]

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]

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]

the current trend has little, or nothing to do with gox.

[InCoinsITrust]

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]

Why should gox sell those 200k coins and pay their customers with money? Instead of giving them their coins back?

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