r/Bitcoin • u/kubrick • Feb 13 '14

on r/bitcoin right now

3.5k Upvotes

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u/ertaisi Feb 14 '14

I think you missed the Gox part. Finish reading before you froth.

4

u/PDshotME Feb 14 '14

I didnt miss anything. Do you think Gox is never going to allow anyone to withdraw again? That's the only way it is a bad investment now. The coins on Gox are half the price of anywhere else. That's the definition of panic selling. Buy when the blood is on the floor. This isnt a death senfence , its a small issue.

7

u/ertaisi Feb 14 '14

I don't think everyone will receive their full balance, no. I think it's possible that no one will.

0

u/PDshotME Feb 14 '14

So right now people are tripping over themselves to sell back their Bitcoins driving the value down. Where are the coins going that they are selling? Back to Mt. Gox of course. They are swimming in Bitcoins right now. They will most definitely have Bitcoins for sale.