Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
derpinheimer
on 03/03/2014, 04:31:22 UTC

Correct

ok, ok I know this is completely baseless speculation, but as this is the speculation subforum...

If Gox replaces lost BTC by buying them on another exchange, this is uberbullish. Disclosure: trading on the assumption that this is even a real irc chat much less on the assumption that Karpeles is telling the truth is extremely risky.

Ignoring that we have no hint at that happening, it simply.. cant happen.

I would imagine they could only get all the bids (744k) filled at ~3000. There, enough people should flock in to take profits and fill Gox.

That is an astounding 2 billion dollars. #NotGonnaHappen