hmmmstrange
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February 27, 2014, 08:24:25 AM

Why are mtgox developments still this big subject here? I thought we were just going to let mtgox die already and recover without it.

I also see that some people have trouble burying their head in sand. It's weird, because usually everyone are doing it so well.
I think that someone should post a detailed guide how to do it, so we could all just deny that mtgox ever existed and continue to chant choo choo without interruptions.
I'm not saying we need to pretend like gox doesn't exist, but rather we need to acknowledge that we've moved on from gox. When I saw the price make a strong rebound from 400 during the gox crash and start recovering on its own, I was incredibly bullish. I thought "here we are, the worst has happened, and the whales are still buying. this the bottom, even with all the bad news about gox priced in and with gox completely gone. now we can move on into a new era of recovery and a new rally. bitstamp is now leading, using entirely strength from bitstamp". The price was doing perfectly fine on it's own. A slow, steady, and strong recovery would have been perfect. We don't need to add accessories like "gox might recover" and pump the price to ridiculous levels right away. All this does is add more drama and uncertaintly, and now the neverending story continues. It is a de-evolution. Now I am back in the same situation I was in for the previous 4 weeks when I was bearish instead of bullish.

You are welcome to start a topic and prune the posts to support your position.