Bitcoin Forum

Economy => Speculation => Topic started by: banaltcoin on January 26, 2014, 03:23:44 PM



Title: Mtgox just hit $1037
Post by: banaltcoin on January 26, 2014, 03:23:44 PM
Mtgox just hit $1037!

Its time to raise! do you think we are going to $2000 this time?


Title: Re: Mtgox just hit $1037
Post by: podyx on January 26, 2014, 03:24:21 PM
penthouse man what a view

jk  ;D


Title: Re: Mtgox just hit $1037
Post by: proudhon on January 26, 2014, 03:25:16 PM
Thank you for the bad news update, but please don't spam the forum with threads devoted merely to the latest price.  Your post should go here (https://bitcointalk.org/index.php?topic=412280.0).


Title: Re: Mtgox just hit $1037
Post by: Dalmar on January 26, 2014, 03:25:44 PM
1037 Gox Bux = 837 real USD


Title: Re: Mtgox just hit $1037
Post by: DubFX on January 26, 2014, 03:32:23 PM
Would be nice if it would rise to 2k


Title: Re: Mtgox just hit $1037
Post by: Ibian on January 26, 2014, 03:33:59 PM
People are not afraid the price is going to fall... they are afraid it is going to rise. Which it probably will this time.


Title: Re: Mtgox just hit $1037
Post by: TERA on January 26, 2014, 03:35:35 PM
Yes gox will be at $2K while bitstamp is still $830.


Title: Re: Mtgox just hit $1037
Post by: Hyena on January 26, 2014, 03:44:46 PM
For a Sunday it's quite a boost!


Title: Re: Mtgox just hit $1037
Post by: Philj on January 26, 2014, 03:46:13 PM
For a Sunday it's quite a boost!

I have a theory that the manipulator(s) take the weekend off, which is why the price has risen the past three weekends.


Title: Re: Mtgox just hit $1037
Post by: banaltcoin on January 26, 2014, 03:48:04 PM
Yes gox will be at $2K while bitstamp is still $830.

MtGox will eventually fix it's transmission problem, BTCE and Bitstamp will follow MtGox's price soon


Title: Re: Mtgox just hit $1037
Post by: TERA on January 26, 2014, 03:49:22 PM
Yes gox will be at $2K while bitstamp is still $830.

MtGox will eventually fix it's transmission problem, BTCE and Bitstamp will follow MtGox's price soon
If mtgox fixes its problem, it will result in a massive crash and THEN the other exchanges will be following it.


Title: Re: Mtgox just hit $1037
Post by: UnDerDoG81 on January 26, 2014, 04:16:35 PM
For a Sunday it's quite a boost!

I have a theory that the manipulator(s) take the weekend off, which is why the price has risen the past three weekends.

They change their tactics every time so no one can adapt. We´ve seen different scenarios where we had big weekend crashes and big weekend highs. The Bitcoin in theory is good but in fact it is nothing else than FIAT. Instead of banks are manipulating, @BTC whales are manipulating the market.


Title: Re: Mtgox just hit $1037
Post by: Oshitsa Kamanoto on January 26, 2014, 04:26:48 PM
Does anybody have data showing the disparity between Gox and the other exchanges? I can't remember a time when the price disparity was this great.


Title: Re: Mtgox just hit $1037
Post by: BreathOfZen on January 26, 2014, 04:38:48 PM
Mtgox just hit $1037!

Its time to raise! do you think we are going to $2000 this time?
I was just going to post that the MtGox-Bitstamp differential is up to over $190, when it has usually been steady at the $120 range, sometimes going up to $160.  Is the final exodus here when everyone trades their Gox Dollars for BTC at any price just for the chance to get out in time?


Title: Re: Mtgox just hit $1037
Post by: banaltcoin on January 26, 2014, 04:47:55 PM
Mtgox just hit $1037!

Its time to raise! do you think we are going to $2000 this time?
I was just going to post that the MtGox-Bitstamp differential is up to over $190, when it has usually been steady at the $120 range, sometimes going up to $160.  Is the final exodus here when everyone trades their Gox Dollars for BTC at any price just for the chance to get out in time?

nope, btce and bitstamp will follow gox slowly, you just need to wait a little bit. the reason for this delay is because there are more "pros" and "corps" in MTGOX than btce and bitstamp, so it's always MtGox who makes/creates the trend, and others exchangers follow later


Title: Re: Mtgox just hit $1037
Post by: Tzupy on January 26, 2014, 04:58:23 PM
Yes gox will be at $2K while bitstamp is still $830.

MtGox will eventually fix it's transmission problem, BTCE and Bitstamp will follow MtGox's price soon
If mtgox fixes its problem, it will result in a massive crash and THEN the other exchanges will be following it.

Correct, but let me clarify for the n00bs: if Gox would sort out it's fiat withdrawal problems, speculators
wouldn't have to move out of Gox via bitcoins and push the price up as a consequence.
Instead Gox's bid side would see a large decrease which would encourage panic selling.


Title: Re: Mtgox just hit $1037
Post by: TTBit on January 26, 2014, 05:13:25 PM
Its about time we stop putting the dollar sign in front of mtgox quotes. It hit 1037, but certainly not $1037