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A comment on MtGox.com is offline. Parent comment

Re:MtGox.com is offline by pistle on Tuesday February 25, 2014 @10:42AM (#7298186)
No man. The blockchain man, the blockchain. It's out there. We got this. The question could be that once they find out the who or who's, and those people are riding pitchfork style, around Bittown, who's going to be in charge of liqudating assets and sending pennies on the dollar back to all those quasi-anonymous folks saying the fiat is theirs?

Oh, and what about when we find out that suspect 1 might not actually be the culprit? Oops. YOLO.

Is there not an interesting question in, assuming coins could be recovered, what laws, in what countries, will cover them, and what value would they have if the 'currency' has no value? Do people want their BC back?

Looks like a bunch of people are praying to get out of bitcoin at 550 right now. If that aspiration thinking fails and people eat through the standing buys around 400, the next stop is 400, where panic will kick in and, maybe there's a pause at 100.

Pins, needles, popcorn... Black Tuesday 2014?

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Re:MtGox.com is offline by pistle on Wednesday February 26, 2014 @04:06PM (#7307810)
I should totally invest all my savings into speculative stocks. A first wave of gried ate through 550 and accelerated into 500 which ran to 400, where a wall of buying kicked in. That triggered a run-up. Not enough selling to breach the support point there. Fare thee well bitcoiners. Fare thee well.
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