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It's a bull trap. This will go down below $500. (on stamp)
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By now, with a near 50% dip in the price, they would have almost certainly resumed withdrawals even with huge restrictions. They haven't even done this! It's now very apparent that they are very insolvent.
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Finally a positive mtgox thread.
The unwarranted hate speech is only necessary AFTER incidences are confirmed.
When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.
That is one scenario, yes. |
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What time is it on the moon? (totally joking)  |
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Yup. Bitstamp is eerily quiet, low volume, pretty much static.
-> something is about to happen
dump coming ! TACTICAL DUMP INCOMING! TAKE COVER! They will do it before GOX opens. My guess. |
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You guys are missing the point of the OP... If you travel back in time, Everything MUST go exactly the same otherwise you effectively "fork" the space time continuum. Once that is done, all else changes in a sort of "butterfly effect". So you are back to not knowing what is coming next. For instance, $1242 would not have happened in the same order of events. It may have taken years longer to get there IF it happened at all. I get ya, Obi-won  Bitcoin BEAR knows where it's at! |
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I'm just trying to lighten it up in here |
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Even if you could travel back in time...you would still only be able to make 1 single trade before not knowing where the market is going again. Your one trade would set into motion a chain of events which is impossible to predict Have fun over the next couple of days! |
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Tired of people complaining about bots. There are people running them, and real money behind it. They are part of a free market.
It wasn't a complaint...however, not knowing was annoying me. Thanks  |
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Is it possible that bots are keeping the price at $625 right now? Is that even possible? It just seems so fake ...all the 0.001 bids all day long. Enlighten me with your knowledge and experience! |
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Anyone who pumps more money into GOX is an idiot. It's not even a matter of taking a chance...it's just dumb.
They are the longest running exchange. They've always fixed issues and come back online. Putting your money in gox is just as risky putting your money in all the other exchanges. The people running Gox are demonstrably shady. The same cannot be said for the other exchanges. Exactly, they are SO shady! If the others are shady as well, at least they have hidden it! haha |
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All exchanges to about $400. Then slow grind down for a while.
Why don't you give a reason for this, or are you just being sarcastic and giving bears a bad name? I agree with him except I think it will come back up from $400-450 sooner than later. People will withdrawal their coins (from GOX) and the other exchanges will get a surplus driving the price down. Basically, there are a bunch of bitcoins tied up and they are going to be released soon. Basic supply/demand would mean the price will go down a bit. Maybe I'm wrong? Take me to school! |
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Anyone who pumps more money into GOX is an idiot. It's not even a matter of taking a chance...it's just dumb.
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You should not regret that you didn't placed buy order. You never know if crash will be flash and won't end up at $0.01.
Which actually brings up another good question. If I took a margin position at $100, it crashed to $1 and wen't back up to $500...would I be force liquidated if it all happened within a minute or 2? |
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It's strategy.
$155 is a nice even number. That means other people will pick that number. If other people pick that number first, their orders will be filled first.
If you want to set a bid at $155, but there are 2000 buy orders at that number, then you can place your bid at 155.00001 and your order will be filled in front of all the $155.0000 bids.
Thanks |
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100% if someone matches your buy/sell amount
So it would probably make more sense to choose an even number like $155 rather than $155.98 right? Also, I'm new at this...and all I needed was knowledge that a flash crash could even happen and I'd have my house paid off  Hindsight is 20/20! |
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Last week when that flash crash happened and the price went down to $100, I was kicking myself for not having a low buy order in. My question is...what are the chances of an order even being filled when the price rises so quickly?
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