22 Feb '14, 1pm

reddit thread shows "proof" that mtgox is initiating some withdrawals. btc climbing on all exchanges.

Well if "insider" trading is happening, they will eventually start allowing bitcoin transfers again. This will drive the price right back up to $500-$600 and will put them on par with other exchanges (most likely). This will effectively give a 5x ROI for anyone who bought at $100 in the past week or so. I assume the people who work at Gox sold their bitcoins on the way down and will buy right before transfers are allowed. This is what I would do if I knew some inside info. I had some money tied up on Gox and decided to gamble and hope they will eventually allow btc xfers again. If not, well I am prepared to lose that money. It was on Gox so I just considered it forfeit when all of this shit started.

Full article: http://www.reddit.com/r/Bitcoin/comments/1ymb4r/some_ligh...

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