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Board Service Discussion
Re: MtGox's DEATH - Bitcoin headed towards darkness?
by
Phishin_ca
on 09/02/2014, 01:34:03 UTC
only those panic forcing price down, there is no real fundament, because

 - MTGox is no longer main exchange, they'v held about 20-25% world volume trade before this halt
 - if people on MTgox or elsewhere arer freneticly selling, who is buying? You can only sell if someone buy!!!

so let me gues, this has only technical backround, but histeria all around mostly supported by hype that MTGox is over brougth more than has been expected

MTGOx is not author of BitCoin, there is another 80% of market out there to cover trades with BTC
wake up, world has been changed already, just take a look

check out price, maybe it is time to invest for long run
It's the people in the other exchanges buying. What you see from gox is the highest bid price that has not been canceled yet.