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REPORT: Bitcoin exchange MTGOX insolvent - Business Insider

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Decatur Deb2/25/2014 3:14:33 am PST

re: #5 wheat-dogghazi

Many people are, betting that the price won’t drop further. Me, I’m not so sanguine, not yet anyway.

I watch the Dow and, recently, Bitcoin as bootleg metrics on social psychology. It is fascinating to see the Bitcoin faithful holding on to their beliefs even while they watched Mt. GOX writhe like a decapitated snake. Classically, they should have paniced some weeks ago.