Author

Topic: further indicator: bitmit final price (Read 1261 times)

legendary
Activity: 1540
Merit: 1029
October 21, 2012, 11:27:38 PM
#8
Well let's hope for stability. Glad that bitmit is staying open.
hero member
Activity: 756
Merit: 522
October 21, 2012, 10:40:23 PM
#7
Good news. We have figured out a solution for this problem. Bitmit is not going to be sold. Business as usual.
We are sorry for the insecurity this may have caused.

It's great to see even more well run companies behaving responsibly and predictably instead of randomly and erratically as if 17 year old kids with ADD were at the helm. Onward and upward!
legendary
Activity: 1792
Merit: 1087
October 21, 2012, 09:17:55 PM
#6
Great! I wonder if they simply misinterpreted new laws coming into effect in Hong Kong.



Are you from Hong Kong? I can't see any regulation changes here
sr. member
Activity: 373
Merit: 250
October 21, 2012, 12:50:49 PM
#5
Great! I wonder if they simply misinterpreted new laws coming into effect in Hong Kong.

legendary
Activity: 1932
Merit: 1004
October 21, 2012, 09:26:22 AM
#4

Selling stopped by seller

Good news. We have figured out a solution for this problem. Bitmit is not going to be sold. Business as usual.
We are sorry for the insecurity this may have caused.
legendary
Activity: 2506
Merit: 1010
October 21, 2012, 04:51:05 AM
#3
Is the final price a long-term-bitcoin-indicator?

Currently:
  5,000.10 USD (= 427.359 BTC) (75 Bids)
with 5 days to go.

I suppose if the amount gets to relatively frothy levels (just guessing here, let's say a hundred thousand or more?) that would be a bullish sign.  But auction sites have a very difficult time overcoming the chicken and egg problem so if the value of an online auction site doesn't get to a frothy level, that doesn't say much either way about Bitcoin itself, I wouldn't think.

zby
legendary
Activity: 1592
Merit: 1001
October 21, 2012, 04:44:48 AM
#2

Bitmit are selling themself due to upcoming legal restrictions in their jurisdiction (Hongkong).

https://www.bitmit.net/en/trade/i/8175-bitmit-net


Is the final price a long-term-bitcoin-indicator?

discuss

The final price of what?  The bitmit company?  $5000?
legendary
Activity: 1932
Merit: 1004
October 21, 2012, 04:23:06 AM
#1

Bitmit are selling themself due to upcoming legal restrictions in their jurisdiction (Hongkong).

https://www.bitmit.net/en/trade/i/8175-bitmit-net


Is the final price a long-term-bitcoin-indicator?

discuss



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