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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 82. (Read 1811564 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

What options would I, theoretically, have?
- take a loan and buy as many bitcoins as I can get
- make a huge bet with some bear

I'd never go into debt to trade. Hope for the best, plan for the worst.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Lol, imagine if you tried to sell bitcoin idea today to someone and he see the main exchange going down each  minutes.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
holding fine so far at 70
legendary
Activity: 2126
Merit: 1001
Btfinex. 2.5:1 leverage.

..only good if I had a substantial amount of cash, and could get it there in time?
Or am I totally off here..

edit:
So I would:
- send bitcoins to bitfinex
- lend USD there
- create a long position on bitcoin
- hope I got it right and have more bitcoins in one month
- pay pack my lenders with some interest

amidoingitright?

Ente
sr. member
Activity: 280
Merit: 250
Bull traps all over the place. If you want to buy just put in bids and wait, jeeze.

legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
legendary
Activity: 2126
Merit: 1001
I am all in, basically, and holding on to my bitcoins. Super-bull.
No fiat available anywhere.

Any hints how to still be able to get more bitcoins out of this?
I am sure we won't go much deeper and will recover to 200$ in May.

What options would I, theoretically, have?
- take a loan and buy as many bitcoins as I can get
- make a huge bet with some bear

Both have their own obvious problems..

Queen - I'm Going Slightly Mad.mp3

Ente
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
Turn the BTC/USD graph upside-down.

That's the 'rate-of-nastiness on this thread' graph right there.
legendary
Activity: 1428
Merit: 1000
Oh down here we go down  Cheesy ,after the artificial PUMP, the real DUMP is back..
hero member
Activity: 700
Merit: 500
There are still a lot of people here using Gox, and I'm not sure why.

Need liquidity? Use multiple exchanges. Pain in the butt, but what good is liquidity if you can't access it and it all goes down the drain when lag exceeds 400 seconds?

There is no excuse. Get out of Gox, y'all.

They stayed after the 2011 hack.

They stayed when their hashed passwords were leaked.

And they will stay after every other monumental fuckup until Gox is shut down by the authorities for criminal negligence.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
this is really pathetic now - exchange to have so screwed api in moments like this is something you'll see only with gox.
legendary
Activity: 896
Merit: 1001
quite a few hyper bulls do not seem to be posting in this thread as much as they were last week.
did i miss something? :-P

I might qualify as being a "hyper bull". Watching intently, waiting to inject more money. Not participating in forum panic or conspiracies. Feeling just fine.
legendary
Activity: 2072
Merit: 1001
quite a few hyper bulls do not seem to be posting in this thread as much as they were last week.
did i miss something? :-P
sr. member
Activity: 448
Merit: 250
There are still a lot of people here using Gox, and I'm not sure why.

Need liquidity? Use multiple exchanges. Pain in the butt, but what good is liquidity if you can't access it and it all goes down the drain when lag exceeds 400 seconds?

There is no excuse. Get out of Gox, y'all.
sr. member
Activity: 398
Merit: 250
donator
Activity: 2772
Merit: 1019
MtGox has effectively disabled these spam bots.

There's a 6 order per minute limit, if that is reached there's a 120 second timeout.

Once they did this things started moving.

I read it in IRC as it went live.

It took them two years to figure this out...

hehe. This is just temporary so they have a decade or two to fix the engine.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I don't trade at gox at all
newbie
Activity: 56
Merit: 0
I never did feel comfortable putting my money in the Magic the Gathering Trading Card website to buy BTC and I'm glad I have it all back out.  Looks like my scepticism was right again.  We need a campaign to move money around to more exchanges.  This decentralized currency is currently centralized.  The only fix is to stop using them.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME

This. The higher they manage to keep the price and volume the more they make money by skimming from the top.

True or not, it is a sign we need more exchanges that are solid. The biggest problem seems to be getting fiat in in a reliable manner. Perhaps an exchange could work on having local agents who can accept cash on an in-person basis (that's a lot of cash though).

Thats a lot of agents.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

This. The higher they manage to keep the price and volume the more they make money by skimming from the top.

True or not, it is a sign we need more exchanges that are solid. The biggest problem seems to be getting fiat in in a reliable manner. Perhaps an exchange could work on having local agents who can accept cash on an in-person basis (that's a lot of cash though).
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