Put a buy in a $4 as its all the gox bux I have. Lets see if it gets filled.
However with these prices and residing in Japan with access to a "faster" deposit I am seriously considering injecting a little fiat.
Talk me out of it?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29643. (Read 26709440 times)
February 16, 2014, 05:45:22 AM
February 16, 2014, 05:44:08 AM
Anyone used bitcoinbuilder.com in the past 24 hours or so...?
Is it fast and legit?
Is it fast and legit?
February 16, 2014, 05:29:03 AM
Look at the http://bitcoincharts.com/markets/ daily volume. May be all other markets are complete joke?
I'm pretty sure most of that is Willy(?) selling into their own walls...
It's bots on Mt. Gox or something of the sort, trading back and forth. The volume is abnormally inflated compared to recent trends. It's not like Gox has THAT many slumbering patrons who haven't been touching the market for the past few years, and are only now waking up.
February 16, 2014, 05:27:10 AM
This is something we can speculate on freely.
1. Who would put buys at <10$ and just leave them there?
2. Who would put buys below 1M coins in the orderbook? Below 10M? Are there ("Should there be") 1M coins on Gox?
And while on the subject, is there any reason why Gox could not trade on itself with a virtual account? Any reason that account could not be unlimited? While Gox are separated from reality they could literally move the price anywhere with no cost. That conjecture is consistent with Willy's behaviour. Also traderCJ noted that bid book sometimes thins to 100-500 coins. That happened a few minutes ago and someone took a deep dump then put the bid walls there again.
My opinion is the majority of activity we've seen in the 300 to 270 range has been the result of just one player. It's a charade.
February 16, 2014, 05:26:29 AM
The cheapest coin I can buy in Britain right now at localbitcoins.com is £407.
I go to Gox and it is showing £187.
Utter madness.
I go to Gox and it is showing £187.
Utter madness.
Now £178 on Gox.
February 16, 2014, 05:19:37 AM
This is something we can speculate on freely.
1. Who would put buys at <10$ and just leave them there?
2. Who would put buys below 1M coins in the orderbook? Below 10M? Are there ("Should there be") 1M coins on Gox?
And while on the subject, is there any reason why Gox could not trade on itself with a virtual account? Any reason that account could not be unlimited? While Gox are separated from reality they could literally move the price anywhere with no cost. That conjecture is consistent with Willy's behaviour. Also traderCJ noted that bid book sometimes thins to 100-500 coins. That happened a few minutes ago and someone took a deep dump then put the bid walls there again.
Something very odd is going on at gox - i just cannot understand the logic for selling at these prices - it makes no sense, i usually have no need for my tinfoil hat, but i think im going to get it out the cupboard just to be safe. Karpeles is up to no good i just have this nagging feeling that the excrement is about to hit the fans.
February 16, 2014, 05:17:07 AM
The cheapest coin I can buy in Britain right now at localbitcoins.com is £407.
I go to Gox and it is showing £187.
Utter madness.
I go to Gox and it is showing £187.
Utter madness.
February 16, 2014, 05:15:06 AM
Who knows what will happen tomorrow.
take part in some quantitative research ie new poll
https://bitcointalksearch.org/topic/poll-mtgoxs-monday-announcement-pt2-468837
take part in some quantitative research ie new poll
https://bitcointalksearch.org/topic/poll-mtgoxs-monday-announcement-pt2-468837
February 16, 2014, 05:04:42 AM
This is something we can speculate on freely.
1. Who would put buys at <10$ and just leave them there?
2. Who would put buys below 1M coins in the orderbook? Below 10M? Are there ("Should there be") 1M coins on Gox?
And while on the subject, is there any reason why Gox could not trade on itself with a virtual account? Any reason that account could not be unlimited? While Gox are separated from reality they could literally move the price anywhere with no cost. That conjecture is consistent with Willy's behaviour. Also traderCJ noted that bid book sometimes thins to 100-500 coins. That happened a few minutes ago and someone took a deep dump then put the bid walls there again.
February 16, 2014, 04:58:44 AM
If mtgox opens for btc withdrawals, I think the price will plummet.
why?
why would anyone pay 650 $ to someone who bought for 300 goxbux?
its not like we are in the bull market, expecting 1000 $ tomorrow.
February 16, 2014, 04:56:40 AM
Look at the http://bitcoincharts.com/markets/ daily volume. May be all other markets are complete joke?
I'm pretty sure most of that is Willy(?) selling into their own walls...
February 16, 2014, 04:55:55 AM
If mtgox opens for btc withdrawals, I think the price will plummet.
if they dont open for btc withdrawals, I think the price will plummet.
if they dont open for btc withdrawals, I think the price will plummet.
Yes, we got goxxed. Again.
February 16, 2014, 04:55:41 AM
If mtgox opens for btc withdrawals, I think the price will plummet.
why?
February 16, 2014, 04:55:20 AM
Announcement from gox tomorrow:
"We are very sorry to inform you that we have no BTC - so we will recredit your account with dollars at the current gox btc/usd market price - then take 4 months to process your withdrawal"
"We are very sorry to inform you that we have no BTC - so we will recredit your account with dollars at the current gox btc/usd market price - then take 4 months to process your withdrawal"
hahaha.
like in the paper gold market
February 16, 2014, 04:54:40 AM
Coins util .... 0
February 16, 2014, 04:53:22 AM
If mtgox opens for btc withdrawals, I think the price will plummet.
if they dont open for btc withdrawals, I think the price will plummet.
if they dont open for btc withdrawals, I think the price will plummet.
February 16, 2014, 04:50:15 AM
Announcement from gox tomorrow:
"We are very sorry to inform you that we have no BTC - so we will recredit your account with dollars at the current gox btc/usd market price - then take 4 months to process your withdrawal"
"We are very sorry to inform you that we have no BTC - so we will recredit your account with dollars at the current gox btc/usd market price - then take 4 months to process your withdrawal"
February 16, 2014, 04:50:03 AM
gox is on the move up and goxBTC/realBTC rates on bitcoinbuilder.com are also going up.
any news?
any news?
February 16, 2014, 04:39:23 AM
Look at the http://bitcoincharts.com/markets/ daily volume. May be all other markets are complete joke?
February 16, 2014, 04:38:44 AM
What is really bizarre in all this is that holders of GoxBTC can currently exchange them for realBTC at 0.78 at bitconbuilder.com, yet they are selling them at < .5 of stamp price. They could sell their goxbtc for realbtc, sell those on a reliable exchange, and get more $ than selling one gox, and not have to worry about insolbvency or waiting months for withdrawals.
How does this site work?
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