read the Tea Leaves. whats with the gox swings? and the reluctant stamp?

notme

legendary

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Quote from: XXthetimeisnowXX on November 29, 2013, 05:15:25 AM

Quote from: Carra23 on November 29, 2013, 05:02:38 AM

With 0% fees, Gox will keep swinging a lot.

not on gox, so i did not know this. did they just start offering this or has this been going on since that last crash they had? interesting though. how are they making money though now?

It is only from yesterday until Monday.

However, IMO, lowering fees should make price discovery more efficient.

XXthetimeisnowXX

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a wolf in sheeps clothing. suckerfish

Quote from: Carra23 on November 29, 2013, 05:02:38 AM

With 0% fees, Gox will keep swinging a lot.

not on gox, so i did not know this. did they just start offering this or has this been going on since that last crash they had? interesting though. how are they making money though now?

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: Kleptoid on November 29, 2013, 04:44:50 AM

Someone with lots and lots of coins is selling into a rising market, and doesn't want to take more than 10% slippage. This seems to have worried the market a bit, and has increased the chances of a moderate correction in the coming days. If there are more big dumps in the next 12-24 hours then we could see a big drop. Or not, chicken entrails are more reliable than tea leaves, the Gods are a bloodthirsty lot.

hah gods and there chicken entrails. who knew?!?!? lol

good comment though i would have to agree sir

Carra23

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With 0% fees, Gox will keep swinging a lot.

Kleptoid

newbie

Activity: 35

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Someone with lots and lots of coins is selling into a rising market, and doesn't want to take more than 10% slippage. This seems to have worried the market a bit, and has increased the chances of a moderate correction in the coming days. If there are more big dumps in the next 12-24 hours then we could see a big drop. Or not, chicken entrails are more reliable than tea leaves, the Gods are a bloodthirsty lot.

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

I think I am intuitive but that does not count when it comes to bitcoins because nobody and mean nobody can tell what the hell old papa bitcoin is gunna do. that said whats with the swings? sure you can make some change on the buy sell orders but besides that i have a strange itch in my right little toe that tells me something is gonna happen. could be just an itch but why would stamp be holding 200+ off of gox? and gox is holding off of BTC China. soooo is it all just a few growing jitters or is that big ass rock about to come loose and rake havoc on the town of bit-village built on hopes and dreams and a shit tones of peoples money. thoughts. bulls? bears? where are you on this?

hey lets speculate on the speculation forum Grin

Topic: read the Tea Leaves. whats with the gox swings? and the reluctant stamp? (Read 670 times)