Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Poor Mt.Gox, close to its low again.

i hadn't looked at the gox chart in a while, my god does it ever look ugly

That's a glimpse of the future @ stamp
Sub 500$ coins are in a few days overpriced.
Poor souls that bought too high.

Posts like this are useless with nothing to back them up.

Gox dragged the market kicking and screaming down to a "stable" $650. Assuming Gox continues to slide, it isn't unreasonable to expect the market to be dragged down yet again .. especially if it turns out that Gox is insolvent.