Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JorgeStolfi
on 10/02/2014, 08:29:27 UTC
Preparing for an epic dip. No word from Mt Gox and they promised update today JST.

I suspect that the news from MtGOX will be bad for those trapped there, but in any case there should be no immediate impact on price at other exchanges.  Most traders must have been aware of their problems for weeks, and are not affected by them.

Even a complete collapse of MtGOX should affect the price only in the longer term, after it is featured on mainstream media and scares some potential investors away from Bitcoin.