are we gonna retest 600$..or are we gonna see 500s$ thats the main question right now
620ish should hold
if gox dose start paying out BTC ( and doesn't get hacked again ) I could see markets going to into the 500's for a few days... when will the gox FUD end?
should be a different story when GOX FIAT is ready to be redistributed
Why would gox paying out send it down? Surely that is good news?
its good news for the poeple that got GOXED, but 180,000BTC suddenly available for selling isn't exactly bullish for the short term.
If 180,000 BTC are split between a million customers it shouldn't be a problem. Also, the positive sentiment associated with this and any media attention will surely help bring new fiat to the market.
in any case this is a very short term speculative play, and a dangerous one, what if the poeple like their real bitcoins and keep it ( or this is complete BS and has nothing to do with GOX paying out some BTC) , suddenly we've got a lot of shorts that were counting on these gox coins hitting the market.