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Topic: 600 taken out at Mt. Gox! (Read 2479 times)

sr. member
Activity: 434
Merit: 250
November 18, 2013, 12:45:18 PM
#25
Are we going to have problems selling our bitcoins at Coinbase if the bubble pops and they can't process things quickly enough?
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
November 18, 2013, 12:07:16 PM
#24
Who would have thought we would have seen 500 AND 600 both exceeded within one day? The day started out at 485. When will we see 1000?

We live in interesting times.

unfortunately Gox is losing or has lost it's reputation due to withdrawal delays (some have been waiting 4 months) , and now according to their FB page they started delaying BTC withdrawals, that ain't good at all!

FUD!

Quote
MtGox shared a link.
5 August

BTC withdrawals are fine and no surprise the USD withdraws are tricky.
sr. member
Activity: 308
Merit: 251
Giga
November 18, 2013, 11:59:23 AM
#23
Who would have thought we would have seen 500 AND 600 both exceeded within one day? The day started out at 485. When will we see 1000?

We live in interesting times.

unfortunately Gox is losing or has lost it's reputation due to withdrawal delays (some have been waiting 4 months) , and now according to their FB page they started delaying BTC withdrawals, that ain't good at all!
full member
Activity: 236
Merit: 100
www.bitcoingem.com
November 18, 2013, 11:47:15 AM
#22
Unfortunately its looking more and more like a bubble..
sr. member
Activity: 274
Merit: 250
November 18, 2013, 11:43:18 AM
#21
no worries, its normal for financial instruments to rise over 30% in a single weekend. Amazing.

The fast price rise doesnt smell right, seems we will see correction very soon. But how low, that is a question.

That's what I thought when the price went from $20-$50.

Maybe we'll see it pause for a few days, rocket up to $2600, then crash to $1300 then settle toward $1000 for a few months before increasing tenfold again. Hah. Cheesy
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
November 18, 2013, 11:32:15 AM
#20
BTC China FTW!  Grin
legendary
Activity: 1400
Merit: 1005
November 18, 2013, 11:21:45 AM
#19
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.

or gox is artificially & fraudulently manipulating the exchange rate way above what it should be to sketchy and profit.

now @BTCChina: $652.21/ ¥3977
Now $710 at BTCChina.

I'd still say China is driving this rally, and it really doesn't have much to do with Gox.
full member
Activity: 183
Merit: 101
November 18, 2013, 04:02:04 AM
#18
time to drop the bomb fella's


it dropped.. .. time to buy !! again
sr. member
Activity: 448
Merit: 250
November 18, 2013, 04:00:47 AM
#17
no worries, its normal for financial instruments to rise over 30% in a single weekend. Amazing.

The fast price rise doesnt smell right, seems we will see correction very soon. But how low, that is a question.

grab an metatrader4 demo account from btc-e: shows some nice price bounce points. the current ones are at $500, then 480, 450, 440 and the biggest one at 320 (all btc-e prices). i started it last week with some basic fx graph templates; going over previous drops in price, it bounced off them very nicely. ill try post a pic...


edit: as i wrote this, the price literally just bounced off 480 on btc-e: the 'previous day low/prev week high' bounce point L0L!
legendary
Activity: 1260
Merit: 1008
November 18, 2013, 03:54:40 AM
#16
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.

or gox is artificially & fraudulently manipulating the exchange rate way above what it should be to sketchy and profit.

now @BTCChina: $652.21/ ¥3977

and more to the point the arbitrage between btc-e and gox is a lot smaller than the one between bitstamp and gox. maybe it's just a bstamp problem.  
hero member
Activity: 759
Merit: 502
November 18, 2013, 03:47:46 AM
#15
no worries, its normal for financial instruments to rise over 30% in a single weekend. Amazing.

The fast price rise doesnt smell right, seems we will see correction very soon. But how low, that is a question.
full member
Activity: 182
Merit: 100
November 18, 2013, 03:46:59 AM
#14
It's climbing too fast, there has to be a correction soon...
legendary
Activity: 1260
Merit: 1008
November 18, 2013, 03:43:10 AM
#13
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.

or gox is artificially & fraudulently manipulating the exchange rate way above what it should be to sketchy and profit.

now @BTCChina: $652.21/ ¥3977
legendary
Activity: 1260
Merit: 1008
November 18, 2013, 03:41:58 AM
#12
why does it have to go up so fast? i cannot sleep, please stop a while and rest

place a stop loss order and go to bed Tongue

sr. member
Activity: 448
Merit: 250
November 18, 2013, 03:40:52 AM
#11
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.

hope so, or the big financial players are using gox and they have a heads up on the hearings today!
last thing i want to see is waking up to a bitstamp hack or similar.
also...if i just move my coins to gox ill get 70$ profit per coin. shame the withdraw time is slow Tongue
hero member
Activity: 630
Merit: 500
November 18, 2013, 03:40:28 AM
#10
why does it have to go up so fast? i cannot sleep, please stop a while and rest
legendary
Activity: 2212
Merit: 1008
November 18, 2013, 03:38:48 AM
#9
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.

or gox is artificially & fraudulently manipulating the exchange rate way above what it should be to sketchy and profit.
legendary
Activity: 1400
Merit: 1005
November 18, 2013, 03:22:57 AM
#8
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.
sr. member
Activity: 448
Merit: 250
November 18, 2013, 03:21:17 AM
#7
But why isnt bitstamp rising as high...?
$70 difference is too suspicious
hero member
Activity: 784
Merit: 1000
November 18, 2013, 03:11:40 AM
#6
What the hell is going on?  Somebody is manipulating the hell out of this.
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