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In my opinion, Mt. Gox announcing insolvency would be a good thing for Bitcoin. Given that Mt. Gox froze trades and this document was released around the same t
by arasmussen 13y ago
In my opinion, Mt. Gox announcing insolvency would be a good thing for Bitcoin. Given that Mt. Gox froze trades and this document was released around the same time, this might actually be legitimate.
This is a good thing because right now Mt. Gox is giving Bitcoin a very bad name. Silk Road made Bitcoin seem shady. Mt. Gox makes Bitcoin seem like a joke, like you can lose it all because the exchanges are so immature compared to exchanges for USD or etc.
Better now than in a year when a much larger portion of the public has accepted Bitcoin. In the meantime, here comes sub-500 on Bitstamp. Buy the rumor, sell the news, folks.