Topic: PSA : 17,000 coins until $500 (Read 1190 times)
the last coin will sell for $9999999999999999 on gox
The ask sums on gox are just dying, honestly. Sooner or later you're going to have to realize that gox is effectively a dry well and look for coins elsewhere.
Take a second look at the chart, the ask sums aren't drying. Only the coins.
http://blockchained.com/depth_mtgox.png
2nd chart
Green line -> Ask sums in dollars
Yellow line -> Bitcoins
Does this mean GOX has no coins there?
The line is still above 0
Obviously they still have coins, just not many. If they didn't have any their price would become arbitrarily high.
Does this mean GOX has no coins there?
No coins isn't the right wording, there are still more than on Bitstamp or Btcchina. But there are significantly less than before.
The amount dropped from 200k for sale to about 20k, while fiat did only drop from ~22 mio to 15 mio.
If this trend continues prices will rise like crazy there.
Where can we get such graphs for the other exchanges?
I only know the one for Gox :/
Would be interesting to see.
Where can we get such graphs for the other exchanges?
The ask sums on gox are just dying, honestly. Sooner or later you're going to have to realize that gox is effectively a dry well and look for coins elsewhere.
Take a second look at the chart, the ask sums aren't drying. Only the coins.
http://blockchained.com/depth_mtgox.png
2nd chart
Green line -> Ask sums in dollars
Yellow line -> Bitcoins
Does this mean GOX has no coins there?
The ask sums on gox are just dying, honestly. Sooner or later you're going to have to realize that gox is effectively a dry well and look for coins elsewhere.
Take a second look at the chart, the ask sums aren't drying. Only the coins.
The coins are what matter.
The ask sums on gox are just dying, honestly. Sooner or later you're going to have to realize that gox is effectively a dry well and look for coins elsewhere.
Take a second look at the chart, the ask sums aren't drying. Only the coins.
http://blockchained.com/depth_mtgox.png
2nd chart
Green line -> Ask sums in dollars
Yellow line -> Bitcoins
The ask sums on gox are just dying, honestly. Sooner or later you're going to have to realize that gox is effectively a dry well and look for coins elsewhere.
Yeah, this is just Gox right? At some point, they will have to be discounted entirely. I think ask sums will skyrocket long before $500, though.
Bitstamp still has like 10,000 coins for sale.
Yeah, just gox
Is that on all the exchanges or just on one of them?
This is Gox only.
China is getting more Bitcoins for sale, don't know about Bitstamp.
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It's all fun and games until somebody loses an eye
Is that on all the exchanges or just on one of them?
And not all of them are for sale. Some of them are just showing off their boobs. You can't touch them.
Waiting for someone to pull the rug out from underneath this beast.. until then... game on
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