RE:RE:RE:RE:RE:RE:Trade ResumptionYa most were right to sell thursday, it was impossible to know of this goldmoney news. i never did sell but was about to take a serious hit. This news is not only going to push this back up to its highs it should raise the floor as it will scare a lot of the shorters cause you will never know when more news is coming.
About the 1.5 billion assets, this cannot be classified as an asset for bitgold as the Gold is "Allocated" and Gold money does not own it rather store and deliver for a fee. they wouldnt of been taken over for 51 million dollars if they had 1.5 billion in assets. I am not taking anything away or talking down the stock i just want to clarify to those who do not know. Maybe someone here could explain this a bit more.
I am with everyone else. this will be worth a lot more in the future, but how it gets there and how fast i do not know. Its been a violent ride thus far. big risk to sell, big risk to buy.