Quote from: o48o on Today at 11:20:47 AM

Quote from: bigasic on February 20, 2014, 06:04:01 PM

I don't understand why everyone didn't leave Mt.Gox when they had the chance. Its not like the writing wasn't on the wall. The warning signs were there months before it became a huge issue. Im just glad I bailed when I did. The whole Mt.gox thing has me wondering what the real truth is. Its terribly ovbious that they are in some sort of hot water.

I almost don't have any sympathy for those that are going to (or have) lose their shirts with mt.gox. Most people that are smart would have bailed a long time ago. Does anyone know how many coins they are supposed to have? I agree that once they allow withdrawals, the bear market will just get much worse.

This whole fiasco has hurt bitcoin.

How exactly it has hurt bitcoin? Because i can't see bear markets hurting bitcoin as much as artificial pressure, like presidents trying to pump the price.

Wouldn't third party hacks and their ramifications make bitcoin custodial holding more popular, and and by that, promoting use cases it's was intended to in the first place (owning your keys).

About mt.gox, i am fairly certain that many people thought it was too big to fail, and that bitcoin wouldn't survive the fall of it anyway.

We probably won't go further than that because the thread itself is pretty far away from those who discussed the matter - but truly, even now - who would think that giant would fall eventually?

Even though it can happen, it's usually too late.