How about we bet on percentage growth over the next three months?
lies all lies btc > 1$ each
i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume
Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.
and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS
I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow. Even money.
Regardless, that doesn't change the fact that their current volume is zero.
Let's compare weekly volume, shall we?
I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.
How much you wanna bet?
PS. Your particular flavor of "follow the volume" is damaging to the bitcoin economy.
your PS is not really correct at all. bringing more volume to the exchange that already has the most volume effectively stabilizes prices more. in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).
as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50
i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.
lies all lies btc > 1$ each
i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume
Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.
and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS
I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow. Even money.
Regardless, that doesn't change the fact that their current volume is zero.
Let's compare weekly volume, shall we?
I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.
How much you wanna bet?
PS. Your particular flavor of "follow the volume" is damaging to the bitcoin economy.
your PS is not really correct at all. bringing more volume to the exchange that already has the most volume effectively stabilizes prices more. in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).
as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50
i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.
