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If MtGox Closure Plays Out Like Silk Road

Posted on by Corey CoinCrack

Do you remember what happened the 2 months following Silk Road’s closure? We had the 2nd biggest run in Bitcoin’s history. Now, obviously Silk Road and MtGox are completely different situations, but seems to me like the market rewards the removal of bad actors from the Bitcoin economy.

Here’s an exact overlay of Bitcoin’s future price if Silk Road happened today.

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