Quote from: JustAnotherSheep on February 15, 2014, 05:42:58 PM

Quote from: lucas.sev on February 15, 2014, 04:19:15 PM

Price will go up as it's repressed by looming prospect of gox coins being dumped once the withdrawals resume. Gox saying they dont have any coins will remove that fear.

You are fooling yourself. While that may be true in the long term, I think it more likely a sudden destruction of Gox will prompt some serious public re-evaluation of the current trust in the exchange ecosystem, perhaps giving strength to a transition towards decentralized solutions which in the short term is going to guarantee chaos and a severe loss of value 2011-style.

This. Bitcoin will carry on but the momentum will take a huge hit because every mention of Bitcoin in the media will be followed by "1 million customers lost money X months ago when MtGox collapsed".