but if mt gox fails it will send a message across the industry that bitcoins are not safe to have
No, I disagree. 1. Mt.Gox probaly stole the coins and ran off with them. 2. They would have noticed the problem if they had done any audits or any other normal security check ups 3. In the past after these events: first bubble to 30$, Cyprus, Silk Road, the ammount of users went up dramaticly with the help of positive and negative media coverage.
If you are a media outlet and declared bitcoin for dead on Feb 26th 2014 then you wil go down in history, as being wrong and helping to promote bitcoin.
About 55 BILLION of them.
.
YEa "many coinz" they say.
If it goes up by 1000% it goes up by 1000% no matter is there is one or one billion coins
Doge is quite popular however I am not sure of the long term future for it. I forgot the site but it had a good anaylsis of how much needs to be bought of a coin in order to maintain the current price. To support the current Doge price a whole hellva lot needs to be bought, that is a sign that it could crash at any moment, but hey anything can happen at this point.
I would stay away from that place. The creator is known for scams in the past, they also sold fee shares( a share that is traded on the site, you would get something like 0.001% of all the fees, which are 0.02% of each trade) these were paid out every 6 hours, then mcxnow basicly said that they were going to shut down, all the people that bought shares at 1 btc 0.5 btc ect lost tons becuase the fee share went to the basement, what happened next........ they didnt close.
haha , yea "Many Coin" they say
