Quote from: billington.mark on February 21, 2014, 10:40:55 AM

Quote from: thelema93 on February 21, 2014, 10:34:31 AM

There's a million and one conspiracy theories on this forum.
How about this one...

1. Gox really did have a bug in their bitcoin software.
2. They need to fix it like they said they do - and need to stop withdrawals to fix it.
3. 99% of bitcoin investors are either paranoid freaks or paranoid fat cats and so they all freaked and decided to sell loads of their coins - because they all read way too much into the hype and hysteria.
4. The price on Gox therefore tanked.
5. They will fix the bug and go right back to where they were before this happened.

Hmmm... almost tooooo simple?

So there ARE people on here who have the same train of thought as me!
to coin a phrase, "A watched pot never boils". In this case though, its damn hard not to stare, and I have to admit, the price drop is slightly stomach churning In a couple weeks time, hopefully, all of this will be fixed and the only thing in tatters will be gox's reputation and not users $ or BTC.

Gox has the benefit of uncertainty but their behaviour should ring alarm bells with anyone.
If they really cared about customers they'd do anything in their power to stop the FUD.
If indeed they are solvent and all is "fine" their current price level may severely damage customers selling at that price point.
As you state this whole fiasco will damage gox's reputation, probably beyond repair.

The question is how will the gox team handle this sinking ship (because thats whats happening here regardless of whether the funds are there or not).
During times of crisis the worst can be brought out in people