Please form two orderly lines. People who are shocked, appalled, and surprised form to the left. People who are just itching to say "I told you so!" please form to the right. I hear refreshments and snack cakes are to be served and a bar will begin selling liquor soon (cash only).
There is some speculation of insider trading, too.<p><a href="http://i.imgur.com/qLYhzR3.jpg" rel="nofollow">http://i.imgur.com/qLYhzR3.jpg</a>
It's worth noting that Mt Gox's new offices as listed on their support website appear to be in a hotel. Hmmm.<p><a href="https://www.google.com/maps/@35.656428,139.698518,3a,75y,117.7h,90.44t/data=!3m4!1e1!3m2!1sc9xN3tl5Of6eQOLVNjs4Pw!2e0!6m1!1e1" rel="nofollow">https://www.google.com/maps/@35.656428,139.698518,3a,75y,117...</a>
Does anyone know how much of the total BTC are still held within Mt Gox? If MG does indeed implode or go bankrupt, what happens to the BTC it still holds? I feel sorry for those who trusted MG with their BTC, but the writing was on the wall a while ago.
ELI5. How can a bitcoin on Mt.Gox be going for one price and the "general" bitcoing market be going for another? I feel like I'm missing something.