Post
Topic
Board Speculation
Re: How will market react when MtGox reopens trade?
by
Wuji
on 11/04/2013, 17:43:18 UTC
Quote

You mean flash crash and then immediately back to +$200? Or you are saying that those who sold at 160btc will be queing up to buy like crazy at $123.40 (Gox last price)?

Why would anyone queue to buy at $123.40 when they can buy at $88 right now on another exchange?

wow... speechless  Roll Eyes

The exchange hold the biggest fiat fund is the one that decide the price idiot.


If you think people aren't going to be trying to get their funds out of Mt. Gox instead of buying more coin at overvalued prices then I think you are the idiot.  Every prediction I've made so far has come true.  I sold Tuesday night at 1600% and announced it in my first thread Wed. morning before the crash.