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Title: verification queue is NOT a good indicator Post by: wopwop on April 11, 2013, 02:04:04 PM verification queue # also contains people that want to sell out and leave... (withdraw their real money to bank accounts)
this is a bad indicator people saying that it's new people are liars that want to sell you their last coins Title: Re: verification queue is NOT a good indicator Post by: yokosan on April 11, 2013, 02:05:38 PM Fine.
They also claim 20k new users a day. Does this mean that there are hundreds of thousands of people out there that already had bitcoins? They are only now making accounts to sell them on MtGox? Doesn't add up if you ask me. Title: Re: verification queue is NOT a good indicator Post by: wopwop on April 11, 2013, 02:06:38 PM Fine. uhm there are alot of people that had bitcoins but not an MtGox account that now want to get outThey also clam 20k new users a day. Does this mean that there are hundreds of thousands of people out there that already had bitcoins and are only now making accounts to sell them on MtGox. Doesn't add up if you ask me. plenty of people didnt even buy bitcoins with real money you know... like miners... or bought on other exchanges years ago also it seems that old MtGox users have to get verified again or something... just saying: dont cry when you lose because you use this wrong indicator to buy Title: Re: verification queue is NOT a good indicator Post by: GeoRW on April 11, 2013, 02:07:06 PM and after recent sell-offs most of people willing to buy will think twice before sending any money to MtGox after they are verified
Title: Re: verification queue is NOT a good indicator Post by: herzmeister on April 11, 2013, 02:12:41 PM After verification, they'll just follow the trend, or whatever they'll think is best to do.
It's true it's not a good indicator, but it for sure as hell is a great amplifier. |