Post
Topic
Board Bitcoin Discussion
The first Bitcoin Bank Run?
by
PHPAdam
on 19/06/2011, 22:46:52 UTC
http://en.wikipedia.org/wiki/Bank_run
Quote
A bank run (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent.

Everyone is panic'ing about their emails and passwords
or crying because MtGox reversed their bargain transactions.

We know MtGox suffers from DDOS, will the website work when their is a "run on the bank" when it comes back live June 20th 11:00am?

After a run, will MtGox sill be able to meet its payments? Will it be around in a year?.. How will it effect the BTC value?

... .I guess we dont have long to wait and find out.

http://images.cryhavok.org/d/18153-2/Don_t+Panic.jpg