Even if 750k is true, where do you see that it belongs to one person? The exploit was used by multiple people. I saw a tutorial on how to do it on youtube.

I'm personally much more bullish if gox dies and stamp price continues to go up. It means the worst has happened yet stamp continues to be bullish despite that and it's able to support the price on it its own.  If I find that there is a rally due to something at gox then it is like a false rally and the neverending drama with gox continues.

Where is that guy who said "the recovery can't just happen with a flash and a bang". Because this looks REALLY flashy and bangy to me. I cannot imagine that an entire 30% range is seen for 12 hours and then permanently abandoned. There should be some retest of something down there. 470 at least. Right?

Even IF bottom was reached, there is still a lot of work to do

The facebook page is 55 minutes old.

Who is Mantrid? He's not an OP in irc.

The 750K coins have been stolen from gox over the course of 3 years. It didn't just suddenly happen now. There is not a pile of 750k coins waiting to be dumped. It is likely dumped already.

stamp

Thankfully there are things I can OBJECTIVELY look at. Either this was bottom or we are 1 step away from it.

It's like santa claus, and magic, and religion. It will only work if you believe in it, and spread the good the word. Also maybe people don't believe it but are spreading the information to pump and dump their bitcoins and especially goxcoins.

Yes hence it is going to be my buy signal. Hopefully it doesn't go up too much before I get the chance to buy. Sometimes it doesn't go up right away, leaving me a good chance to buy, or even goes down a bit.

Also, there's a chance the next MACD upcross will not be 4H but will be 1H. This will happen if we see a 1H downcross before the next 4H upcross - the 1H will have to upcross first.  If I judge that the chart is strong enough and the momentum of the 1H upcross enough to cause a chain reaction in which the 4H upcrosses also, then I will buy the 1H. This gives more profit than waiting for the 4H.

When there is high volume and high volatily, you can use the smaller charts and are cheating yourself out of profits by not doing so. If all I was doing was trading 4 hour charts, I wouldn't currently be sitting on a 40% profit for the day.

During volatily, smaller charts offer more than enough volatility to make a profit. Also, Bitfinex fee is only 0.1%.

I've only been in bitcoin for almost a year and I started with a VERY small deposit. It was supposed to be just for fun and to experiment with arbitrage (which never happened).

I did buy. I bought $400, but just sold $520. I will rebuy on 4 hour macd.

Cold storage was originally my plan but the sale at $520 for a 30% profit at a sudden and obviously overbought level, assisted with some speculation about a comment line on a source code on mtgox, was too good to pass up. Once I rebuy on the next MACD cross THEN I will go cold storage.

Yes it was @op sorry

Ok guys I understand the number might not be exact to the dollar and that there are different exchanges which trade at differnet price. I will simplify this for you:  The resistance I am referring to is the 4 hour ema (blue line on wisdom). The price typically does not pass this line until 4 hour MACD goes up. Right now MACD is far from going up. Everyone thinks I pull these numbers out of my ass and they're "random" but actually I have a scientific method for each one...

You can't both reject the "stages of a bubble" chart and refer to its stages in your analysis at the same time...

The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.

What would be the motivation for the acquiring company to take on a crapload of debt/liabilities instead of just writing their own exchange and starting new?

That would SUCK big time. I was so bullish when I thought that btc was finally recovering without gox and moving on into a new phase of independence but if this is false it just means the bullshit is continuing and I would not be bullish anymore.