Originally Posted by nexcom28

My

I agree that MTGox shutting down would be good for Bitcoin long term however I am pretty sure the media and governments will have a field day and it's bound to shake confidence in the market.

MTG have dragged bitcoin through the dirt for ages. Shitty exchange that doesn't deserve to stay in business.

For me, it beggars belief that so many got stung keeping bitcoin or usd on the exchange. Personally, every transaction I would ensure my account was cleared. Were you people not taught to keep your btc online.

Bottom line, MTG going belly up doesn't change anything for bitcoins long term future. It's still an amazing piece of technology with many advantages despite what ADG and his ilk will spout.