Post
Topic
Board Press
Re: [2014-03-23] Goxxed again: The new mystery of MTGOX bankruptcy
by
T.Stuart
on 24/03/2014, 17:34:57 UTC
Please, let's just pretend that Mt.Gox never existed. This constant mention of Mt.Gox keeps hurting bitcoin price. Mt.Gox died, and that's for the better of bitcoin, let's not talk about it again, ever. Thank you.

No, people need to learn from the mistakes made regarding MtGox.

The major impact is over, and as time goes on, the impact Gox can have on the exchange rate dwindles to nothing.

The Bitcoin exchange rate is hardly hurting... it's correcting from an extremely steep increase. This should be expected.

+1

What happened with Gox has actually stabilised my noobishly optimistic view of the Bitcoin ecosphere. Reflecting on Gox is also forcing other exchanges to pull their socks up quickly.

And by all logic the long-term charts show that the exchange rate was going to get to this point whatever. What was interesting was seeing the wide difference between the exchange rate for Bitcoin on the one hand, and the exchange rate for Gox stocks and shares on the other, in February. A good display of resilience from Bitcoin.