Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/04/2014, 10:05:09 UTC
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K

I agree with the portion of your statement that savegox would probably have been better for bitcoin and crypto currencies than court managed liquidation of GOX; however,  I do NOT agree with your cataclysmic prediction of some major price reduction in bitcoin b/c of that liquidation decision (and potential problem of NOT resolving other major issues regarding what happended to the other 600K coins).. You are talking crazy when you reach those kinds of outrageous  / double digits types of conclusions.