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Topic: Mt. Gox reopens in 1 hour. Predictions? - page 2. (Read 3760 times)

legendary
Activity: 1414
Merit: 1000
HODL OR DIE
April 11, 2013, 08:58:33 PM
#51
CaVirtex and btce in mid-90s....
full member
Activity: 122
Merit: 100
April 11, 2013, 08:57:40 PM
#50
1 minute!!!!
full member
Activity: 122
Merit: 100
April 11, 2013, 08:56:53 PM
#49
I seriously so excited to watch the continuation of the crash in real time.

What a rare opportunity... very exciting.

Hope to many people haven't over leveraged tho it may be brutal.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
April 11, 2013, 08:56:09 PM
#48
has gox said anything about reopening? 3 mins left....
newbie
Activity: 56
Merit: 0
April 11, 2013, 08:55:11 PM
#47
I think people will buy and it will be back up to around $150
hero member
Activity: 504
Merit: 500
April 11, 2013, 08:53:28 PM
#46
I think we're in for a bumpy ride. I predict we'll end up back where we were soon though.
legendary
Activity: 2198
Merit: 1311
April 11, 2013, 08:52:23 PM
#45
I seriously so excited to watch the continuation of the crash in real time.
member
Activity: 85
Merit: 10
April 11, 2013, 08:51:47 PM
#44
What's the opportunity here for a team from some NASDAQ or Forex trading house to clone their server /orderbook system and spawn a competitor to mtGox that is already hardened and instantly a stable, fast exchange with acceptable order-entry and trading tools?

newbie
Activity: 42
Merit: 0
April 11, 2013, 08:51:25 PM
#43

Quote from the article:
"Bitcoin is now officially a failed experiment."

Funny. Let them think what they want.
newbie
Activity: 56
Merit: 0
April 11, 2013, 08:50:10 PM
#42

How did you get a picture of the new trading engine being put in place?  Grin
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
April 11, 2013, 08:50:00 PM
#41
Quote from the article:
"Bitcoin is now officially a failed experiment."

Natural News is not MSM.  It's usually better than them.  Bitcoin is outside of their area of expertise, so I'll forgive them for this:

sr. member
Activity: 364
Merit: 250
April 11, 2013, 08:49:27 PM
#40
...and reconfiguring various monolithic components to be setup for failover/replication.

Failover?!?!  Redundancy!?!?  Dude this is GOX we're talking about.  The company that sits there and opens up thousands of accounts without knowing whether their platform can even handle it!
full member
Activity: 134
Merit: 100
April 11, 2013, 08:49:20 PM
#39
my prediction is that they will get soo much traffic, so many refreshes, they won't be able to handle it...
legendary
Activity: 2198
Merit: 1311
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
April 11, 2013, 08:47:11 PM
#37
Whomever has been running the DDOs in the past has their botnet on a clockwatch.
hero member
Activity: 784
Merit: 506
April 11, 2013, 08:46:14 PM
#36
It will probably crash well below $100, probably in the range of $20-50.

This is how the mainstream press is viewing this event:
http://www.naturalnews.com/039880_bitcoin_bubble_panic_selling_accounts_frozen.html

Quote from the article:
"Bitcoin is now officially a failed experiment."

naturalnews is mainstream media? humph... news to me.
I was thinking that.  Some mainstream might have the same overall message but that reads like amateur journalism.  The 'officially a failed experiment' bit illustrates more than anything the writer's thinking if a statement is made emphatically enough it makes it true  Grin
legendary
Activity: 1400
Merit: 1013
April 11, 2013, 08:43:48 PM
#35
One would hope they had improvements ready to go for a while, but were just waiting for a chance to halt trading in order to make changes which could not easily be done while operating, like moving the trading engine to a separate machine from the web server and reconfiguring various monolithic components to be setup for failover/replication.

That's just hope though. My current expectation is that it will be a clusterfuck but I'd like to be pleasantly surprised.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
April 11, 2013, 08:43:32 PM
#34
chaos is my only prediction.
^ ^ ^

newbie
Activity: 54
Merit: 0
April 11, 2013, 08:42:45 PM
#33
price will rise
price will fall

rinse and repeat
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
April 11, 2013, 08:42:14 PM
#32
the forum lags the heck out so we can't keep each other company.
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