No single person, event or company have caused more harm to the reputation, price, and perception of bitcoin than mtgox.
They were the first to market, but has been nothing but incompetent and dishonest since day 1.
I cannot wait until this shady outfit is shutdown and the book is closed on this shameful chapter in bitcoin history.
They were the first to market, but has been nothing but incompetent and dishonest since day 1.
I cannot wait until this shady outfit is shutdown and the book is closed on this shameful chapter in bitcoin history.
The problem for BTC is that Gox is just another one, among many others... Can't guess the future, but i wont be surprised if gox drawn btc with them in a couple of months.
It wasn't long ago that I made a prediction that in 2014 MTGOX would have some sort of issue or announcement that would likely be in a negative light thus bringing the price/perception of Bitcoin down.
Looks like I may be right.
Here it is and don't say I didn't warn people:
I still stick to my prediction that in 2014 MTGOX will have some sort of crisis or an all out disappearance and stopping of trading etc.
I guess so far you can still "trade" and pay them TX fees.
You just can't withdraw BTC and USD in any meaningful timeframe.