Quote from: ITGeniusGuru on February 14, 2014, 02:23:35 AM

Quote from: barryblogs on February 13, 2014, 11:09:00 PM

Bitcoin Crumbles To 3-Month Lows On Mt.Gox As CEO Defends Exchange

This is pretty serious IMO. First, MtGox makes it virtually impossible (or painfully slow) to withdraw cash. Now it's impossible to withdraw your own Bitcoins. What kind of Business/exchange is this?
I have a fortune of 0.64 BTC in my MtGox account and I seriously think I have lost them forever.
Price of BTC is in free fall, not only on Gox, but also on other exchanges (been watching last 2 hours).
Panic selling anyone?

Mtgox halting withdrawals of both fiat and bitcoins is an extremely bad news but Bitcoin is way stronger than Mtgox and much more than just Mtgox, a correction was due, it is healthy, the sentiment is very low and the trend is negative but if there is not more to the story and if Mtgox recovers, the price may go up again

You could always sell your 0.64goxBTC against real BTC easily if your sentiment is that low on mtgox