Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30163.

UnDerDoG81

legendary

Activity: 2186

Merit: 1213

Quote from: Erdogan on January 26, 2014, 11:15:48 AM

Quote from: outofservice on January 26, 2014, 10:15:41 AM

Can anyone explain the $200 difference with Gox?

1. gox has something, god knows what, that make some people prefer it.

2. The fiat transfer system is ineffective, so ineffective that arbitrage in sufficient volume is not possible. This is a bullish pressure.

I also started @MtGox because I heared later from stamp and the others.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: outofservice on January 26, 2014, 10:15:41 AM

Can anyone explain the $200 difference with Gox?

1. gox has something, god knows what, that make some people prefer it.

2. The fiat transfer system is ineffective, so ineffective that arbitrage in sufficient volume is not possible. This is a bullish pressure.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Vigil on January 26, 2014, 11:13:40 AM

Did the IRS or whatever return Gox's money yet? Didn't they seize accounts?

I'd expect to hear about somthing like that

and i havnt heard anything...

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: samson on January 26, 2014, 11:12:22 AM

Quote from: GaliX on January 26, 2014, 10:37:33 AM

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

But will be fixed soon, right after Midas get´s online and Fiat withdrawls and LTC and you know. SOOOOON

Vigil

sr. member

Activity: 378

Merit: 250

Did the IRS or whatever return Gox's money yet? Didn't they seize accounts?

samson

legendary

Activity: 2097

Merit: 1070

Quote from: GaliX on January 26, 2014, 10:37:33 AM

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Okay, which guys used up all the Jergens^® I left here last night after yous read the following?: http://www.coindesk.com/wells-fargo-host-bitcoin-event-following-private-summit/

TERA

hero member

Activity: 728

Merit: 500

Quote from: seleme on January 26, 2014, 10:54:56 AM

Quote from: TERA on January 26, 2014, 10:50:01 AM

Quote from: seleme on January 26, 2014, 10:40:12 AM

TERA's girlfriend:

Honey, could we do some chuppa-chuppa?

No sweet, I'm looking at MACD right now. It's important.

I really need a bot Sad

Bots were not that great recently, I was mainly losing money with them in this sideways market. But keep some of them live as a hedge if some flash crash happens when I'm not around.

If there is a flashcrash then I want to be there to trade it. But during the sideways market I'd like to have a bot playing the 1H and 4H MACDs for me, so I don't have to do the labor of checking the MACD every hour and I can sleep normally and lead a normal life.

podyx

legendary

Activity: 2338

Merit: 1035

just some profit taking

thats all

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: TERA on January 26, 2014, 10:50:01 AM

Quote from: seleme on January 26, 2014, 10:40:12 AM

TERA's girlfriend:

Honey, could we do some chuppa-chuppa?

No sweet, I'm looking at MACD right now. It's important.

I really need a bot Sad

Bots were not that great recently, I was mainly losing money with them in this sideways market. But keep some of them live as a hedge if some flash crash happens when I'm not around.

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: TERA on January 26, 2014, 10:50:01 AM

Quote from: seleme on January 26, 2014, 10:40:12 AM

TERA's girlfriend:

Honey, could we do some chuppa-chuppa?

No sweet, I'm looking at MACD right now. It's important.

I really need a bot Sad

For the MACDs or for your girlfriend?

TERA

hero member

Activity: 728

Merit: 500

Quote from: seleme on January 26, 2014, 10:40:12 AM

TERA's girlfriend:

Honey, could we do some chuppa-chuppa?

No sweet, I'm looking at MACD right now. It's important.

I really need a bot Sad

pietje

full member

Activity: 224

Merit: 100

Quote from: proudhon on January 26, 2014, 10:39:59 AM

Looks like the crash is starting.

We are going up again. Looks like the rally is starting Roll Eyes

GaliX

hero member

Activity: 504

Merit: 500

1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6

Quote from: tolega on January 26, 2014, 10:38:45 AM

Gox can go to $5000, so what? The money will never get into your account.

Stop quoting a monopoly like money website.

when it reaches 5000$ Gox ist most likely offline and the people with FIAT on gox are screwed.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

TERA's girlfriend:

Honey, could we do some chuppa-chuppa?

No sweet, I'm looking at MACD right now. It's important.

proudhon

legendary

Activity: 2198

Merit: 1311

Looks like the crash is starting.

DieJohnny

legendary

Activity: 1639

Merit: 1006

Quote from: GaliX on January 26, 2014, 10:37:33 AM

Quote from: TERA on January 26, 2014, 10:29:55 AM

Quote from: hd060053 on January 26, 2014, 10:25:18 AM

i am sure some of the whales have insider informations. Also, look at the huobi move, which has not a situation as gox.

This is exactly the sentiment that causes these panics. Everyone thinks there is some insider information and the more people that participate, the strong the feeling becomes. But in reality there is no information. More likely what happened is MtGox's 1D MACD crossed and all the heavy duty bots started buying, and then this massive movement caused all of the other markets to panic. I was watching - Huobi was following mtgox.

people can't withdraw from MtGox / it takes for ever till they get the money. Looks like MtGox has big financial problem.
So what is happening? The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

counter argument, total ask for btc has stayed steady around 5000 btc for last two months.....

If there were less btc to be had, then less would be offered for sale...

tolega

full member

Activity: 196

Merit: 100

Gox can go to $5000, so what? The money will never get into your account.

Stop quoting a monopoly like money website.

DieJohnny

legendary

Activity: 1639

Merit: 1006

Quote from: ?? on ??

Hodl your horses, until 845 is broken, the trend is not clear at all.. it just looks like 19-20 January for now.

super exponential says it has to break 900 today. So I am going with up!

GaliX

hero member

Activity: 504

Merit: 500

1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6

Quote from: TERA on January 26, 2014, 10:29:55 AM

Quote from: hd060053 on January 26, 2014, 10:25:18 AM

i am sure some of the whales have insider informations. Also, look at the huobi move, which has not a situation as gox.

This is exactly the sentiment that causes these panics. Everyone thinks there is some insider information and the more people that participate, the strong the feeling becomes. But in reality there is no information. More likely what happened is MtGox's 1D MACD crossed and all the heavy duty bots started buying, and then this massive movement caused all of the other markets to panic. I was watching - Huobi was following mtgox.

people can't withdraw from MtGox / it takes for ever till they get the money. Looks like MtGox has big financial problem.
So what is happening? The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30163. (Read 26712892 times)