So, they took the website down: http://money.cnn.com/2014/02/25/technology/security/mtgox-bitcoin/index.html?hpt=hp_t3 I wonder if they have any intention of using all the data they've collected from members. Because all that time they were heavily collecting. This is a huge brick falling out from Bitcoin's foundation. We'll probably see more...
:lol: :lol: :lol: Your all mad It's my banana & honey digi coin that's going to make you millions Once I figure out how to do it Just send me all your $ now so I can develop it
Not really? BTC-e had a bit of a drop, but is back to where it was. People expected this from a few months ago and it has already been factored in.
I see Bitcoin recovered quite a lot, but still down in the lower 500's now, but while Gox was still active, it was still in the 600's. Bitcoin is losing strength. People are losing confidence. And that's bearish enough. Prices will continue to fall gradually unless some big trend-changer thing kicks in.
I'm surpirsed BTC hasn't fallen below $450 today. Although, if you look at the daily chart, BTC's trending nowhere but down so it will get there eventually.
Under these circumstances either all coins will crash due to loss of confidence. Or... Bitcoin goes bust, Litcoin and the others will take over. Too bad we have no info on the fluxes - the flux between cryptos, that is... what people sell and what they buy.
you realise we say $500 in december as well and then highs over $900 I dont see it falling much past the $500 level.
"Dear MtGox Customers, In light of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly. Best regards, MtGox Team"
Of course. There's been no 'good' news out of MtGox for weeks/months now. So finally that it's now turned off/suspended/people know their money is invisible, the rest of the community can just get on with it.
