... who cares ?If I were Rampion I would also be insulted by your attitudes.
Can we let The Master's new thread return to chart analysis now please ?
Topic: Analysis - page 333. (Read 941563 times)
Can anyone join in ? I would like to bet that Rampion is telling the truth. IMO he has been consistently honest and open about his personal experience with Gox over the last few months - he has not changed his story once. I really don't know what all the fuss is about - you doubters are arguing about his withdrawals PRIOR to the Gox announcemement and 'stoppage'. Why ... who cares ?
If I were Rampion I would also be insulted by your attitudes.
Can we let The Master's new thread return to chart analysis now please ?
... who cares ?If I were Rampion I would also be insulted by your attitudes.
Can we let The Master's new thread return to chart analysis now please ?
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
I don't believe you.
If it was true what you said, then arbitrage would work, and the price gap would not be widening.
Are you willing to back up your statement with a screenshot?
I could, but this is not a court room and I don't see why I should prove nothing to you. If you believe I would lie on this matter because of some twisted reason or hidden agenda, so be it and just don't take into consideration what I wrote, for me you can f*ck off (EDIT: unless you are willing to put your money where your mouth is, betting against me on the fact that I received those withdrawals very fast).
BTW: last withdrawal I requested was on late June. I did not request any withdrawal in July or August, I just share my experience because in that period (end of June) people was already whining a lot about delayed withdrawals, so I was pretty nervous because I needed a biggish amount fast. Money arrived within the same week.
Regarding USD, check the post history of mrbigg and epsiking, they have biggish volumes (trusted status, etc.) and they reported about receiving their money in the last weeks/months.
So when asked to backup your claim you start swearing at me
Betting based on your screenshots, that can easily be faked?
I can give you any proof you want through John K or another trusted mod if you are willing to put real money where your mouth is, for example official bank statements and access to my Gox account via team viewer or similar. So, willing to bet 100BTC that I told the truth, or you believe me now?
Is it possible to really do any analysis on MtGox "fake" numbers? I mean the MtGox price is reflecting a risk premium that didn't exist (or existed to a lesser extent) in the past so any trends drawn from it are based on a false assumption that the "risk premium" has been consistent. It hasn't, it has been rising over time. As an example I wouldn't see MtGox price rising >$120 to have any trend validity if the price on other exchanges remains <$100. That certainly could happen if the spread widens further as confidence declines. On the other hand if MtGox resolves their issues I could see the MtGox price fall dramatically as the risk premium shrinks but that says nothing about the overall exchange rate trend if the price doesn't fall on other exchanges.
Another way to put it. Each % that MtGox trades over bitstamp (or the average of all other exchanges if you want) reflects the risk that one will never get their USD. That risk premium can trade independently of the Bitcoin exchange rate trend. In theory you could have overall prices trending down but MtGox prices trending up at the same time. Unless you normalize for that you are essentially charting the product of two independent variables and assuming the output reflect the change in one of those variables.
Another way to put it. Each % that MtGox trades over bitstamp (or the average of all other exchanges if you want) reflects the risk that one will never get their USD. That risk premium can trade independently of the Bitcoin exchange rate trend. In theory you could have overall prices trending down but MtGox prices trending up at the same time. Unless you normalize for that you are essentially charting the product of two independent variables and assuming the output reflect the change in one of those variables.
This ^.
Gox's numbers are bogus.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
I don't believe you.
If it was true what you said, then arbitrage would work, and the price gap would not be widening.
Are you willing to back up your statement with a screenshot?
I could, but this is not a court room and I don't see why I should prove nothing to you. If you believe I would lie on this matter because of some twisted reason or hidden agenda, so be it and just don't take into consideration what I wrote, for me you can f*ck off (EDIT: unless you are willing to put your money where your mouth is, betting against me on the fact that I received those withdrawals very fast).
BTW: last withdrawal I requested was on late June. I did not request any withdrawal in July or August, I just share my experience because in that period (end of June) people was already whining a lot about delayed withdrawals, so I was pretty nervous because I needed a biggish amount fast. Money arrived within the same week.
Regarding USD, check the post history of mrbigg and epsiking, they have biggish volumes (trusted status, etc.) and they reported about receiving their money in the last weeks/months.
So when asked to backup your claim you start swearing at me
Betting based on your screenshots, that can easily be faked?
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
I don't believe you.
If it was true what you said, then arbitrage would work, and the price gap would not be widening.
Are you willing to back up your statement with a screenshot?
If this were true there would be no price gap. People would wire in multiple tens of thousands into the other exchanges, buy the shit out of btc, transfer it to Gox and sell the shit out of it, cash out, rinse and repeat. The two prices would converge in a matter of days.
Bet on it, multiple end of June SEPA withdrawals that cleared in less than 10 business days, escrow john K.
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
I don't believe you.
If it was true what you said, then arbitrage would work, and the price gap would not be widening.
Are you willing to back up your statement with a screenshot?
If this were true there would be no price gap. People would wire in multiple tens of thousands into the other exchanges, buy the shit out of btc, transfer it to Gox and sell the shit out of it, cash out, rinse and repeat. The two prices would converge in a matter of days.
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
I don't believe you.
If it was true what you said, then arbitrage would work, and the price gap would not be widening.
Are you willing to back up your statement with a screenshot?
I could, but this is not a court room and I don't see why I should prove nothing to you. If you believe I would lie on this matter because of some twisted reason or hidden agenda, so be it and just don't take into consideration what I wrote, for me you can f*ck off (EDIT: unless you are willing to put your money where your mouth is, betting against me on the fact that I received those withdrawals very fast).
BTW: last withdrawal I requested was on late June. I did not request any withdrawal in July or August, I just share my experience because in that period (end of June) people was already whining a lot about delayed withdrawals, so I was pretty nervous because I needed a biggish amount fast. Money arrived within the same week.
Regarding USD, check the post history of mrbigg and epsiking, they have biggish volumes (trusted status, etc.) and they reported about receiving their money in the last weeks/months.
These pictures above says nothing. Waiting result of consolidation.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
I don't believe you.
If it was true what you said, then arbitrage would work, and the price gap would not be widening.
Are you willing to back up your statement with a screenshot?
The main reason I stay unsure is price failing to exit from negative BB zone during two months.
What about your envelope, "Master"? :p
The main reason I stay unsure is price failing to exit from negative BB zone during two months.
Is it possible to really do any analysis on MtGox "fake" numbers? I mean the MtGox price is reflecting a risk premium that didn't exist (or existed to a lesser extent) in the past so any trends drawn from it are based on a false assumption that the "risk premium" has been consistent. It hasn't, it has been rising over time. As an example I wouldn't see MtGox price rising >$120 to have any trend validity if the price on other exchanges remains <$100.
It's not that simple. If price at Mtgox rises while the others are still, it might have been. But prices rise and fall everywhere pretty much simultaneously, it just rises more at Mtgox.
Or, it is prices elsewhere that are artificially kept _down_ because Mtgox users cash out there?
Boths views are equally valid in my opinion. One has to look at how volumes in/out changes at each exchange to know more.
I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.
We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.
$108 has been holding for 3 days on Gox right now, will it continue to hold ?
People have been talking about potential bearish reversal patterns in IRC.
I guess it's upto a whale.
People have been talking about potential bearish reversal patterns in IRC.
I guess it's upto a whale.
Here we see huge volume bottom and top. Might trade around in this range?
Bye lucif, hi masterluc.
I find it very tempting to take a long position at $105 or wherever my 6-hour indicators tell me of an intermediate bottom. However, if it is not an intermediate bottom but worse I would be toasted.
Choices, choices.
Actually, the hardest part of trading is waiting for the right moment.
I find it very tempting to take a long position at $105 or wherever my 6-hour indicators tell me of an intermediate bottom. However, if it is not an intermediate bottom but worse I would be toasted.
Choices, choices.
Actually, the hardest part of trading is waiting for the right moment.
so its all over pretty much? I should get the gold now
Bye lucif, hi masterluc.
I find it very tempting to take a long position at $105 or wherever my 6-hour indicators tell me of an intermediate bottom. However, if it is not an intermediate bottom but worse I would be toasted.
Choices, choices.
Actually, the hardest part of trading is waiting for the right moment.
I find it very tempting to take a long position at $105 or wherever my 6-hour indicators tell me of an intermediate bottom. However, if it is not an intermediate bottom but worse I would be toasted.
Choices, choices.
Actually, the hardest part of trading is waiting for the right moment.
/sub
i <3 lucif
i <3 lucif
One speculation thread to rule them all 
August 13, 2013
2011
August 13, 2013
2011
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