U clearly have no idea how good you guys have it there compared to just about everywhere else.
I know it's much worse in the US right now but it seems we've been taken over as well, our countries assets are being liquidated, politicians are corrupt, judges corrupt - they're talking about restricting peoples right to protest (with 2 years jail if you disobey a move on notice), one guy who lives in my city just finished a 3 year jail term for little more than calling Jews racist a youtube video (Brendon O'Connell), we've agreed to bail ins, the news like in the US is just freaking infotainment, no real news.. Yes when you look at the usual options, Australia may be better than most - but I want to be where reality and perception are the same, it may have to be a small freaking island community or something, I don't care, I'm just tired of the lies and corruption.
There is NO one place that is going to bring ALL. What's your budget? What's your activities? What's your income? Some people say to earn enough in the 1st world to be able to thereafter retire in a place that is less expense so that your earnings will go further.
Volume, what volume? 24 hour stamp volme: 20K... clearly a trap. There are all kinds of resistances in the 600s based on longer charts. Do you really thing we're ready to break through them all just because gox and on this low volume?
LOL. Wouldn't want those sheep who bought at $585 to get slaughtered, right? Go play in your giant triangle. No bull trap frightens you. Bull trap frightens you. Making money frightens you because you might lose it. Were you the hall monitor in middle school?
I am anticipating that we are going to linger between $580 and $620... for a while, then maybe we will dip down to $520... and then depending on GOX news and resolution... we may go UP or DOWN from there... but ultimately, we are going UP with GOX or without GOX... but if GOX screws this around a lot, we may linger in the $300 and $400s for a month or two before getting back into the $1,000 price ranges and above... ... where we are likely to go to $2k at some point during 2014
What you are missing is the bigger picture inferred by this testing.
a) Markets don't like uncertainty, don't like seeing exchanges go under because what can happen to one can happen to another. Gox testing reduces uncertainty.
b) Gox testing indicates that they are trying to fix things, not escape with people's money.
c) Gox testing indicates that they might finish said testing and actually resume limited or full service.
The individual price ticks are meaningless, however, collectively, they are meaningful and sentiment might be changing.
Er.... from the comments in that reddit thread, I understood that the transaction attempted by MtGOX was not a test after all, just one of many small transactions that they have been doing since the lock-in. Did I understand wrong?
Perhaps the news "MtGOX is testing!" spread further and farther than the "Oops, soory"?
of course MT Gox gotta be testing and making some efforts to make an appearance of trying to correct their situation
I once worked out that it would cost US$750,000 for one tank of fuel for Greg Norman's yacht.
That sounds impossible.
