What's the current value of BitCoin against USD relative to the price Mt Gox went under? (I do not know where to go to conveniently answer that question and I'm sure there are many who will read this who will.)
BTC was priced at ~$825 on 2/1/2014 when Mt Gox disabled transactions, and is around $6,150 now. Provided they're able to pay out ~13% of each claim, claimants will at least be able to "break even" on the freeze (ignoring, of course, BTC's astronomical gains in the last 4 years).
You forget that on Mt Gox, the price dropped to something like $125 before they shut off trading... I know because I bought some at that price just before they went dark
Same here. Everyone was fleeing from BTC like rats from a ship. Luckily I managed to sell everything I had when it was close to $1000 and buy all the BTC I could when the price dropped to two hundred something.
One Bitcoin is currently worth about $6000. The spike that killed MtGox topped out around $1200 before falling back down below $400 a month later and then as low as $150 over the following year. On the day that they officially filed for bankruptcy in Japan, it was somewhere around $600.
