Mt gox assets will be bought out and btc price will surge _ Bitcoin bitcoin price going up

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No, they wont. It looks like gox raided the customer’s funds and accounts. Otherwise, it’s not really possible for them to loose 700,000+ bitcoins. That’s probably 10% of the entire tradeable market (as we should remove satoshi’s untouched coins along with all other lost ones).Bitcoin price going up gox didn’t have that as their private stash, those were customer coins.

It’s all gone. Everything connected with gox is gone. The coins, cash deposits, everything. That’s how a failure like this works.

Now MAYBE they didn’t raid all the customer coins and the accounts could be incorporated into one of the other exchanges, but that is unlikely. Given how gox acted over the past two weeks, they probably were the ones placing massive sell orders across the other exchanges. Otherwise, they would have announced that all the coins are safe but the company is not, and created a simple system for people to move their coins to other wallets.

There are only two questions left: when and where did all the coins go? And how much longer will karpeles be alive?

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