Yo creo que cuando abra, el lag se va a medir en horas y será la misma mierda de siempre.
Eso seguro. A ver qué pesa más: si el pánico inducido por el lag (los primeros minutos Gox va a soportar un volumen como jamás en su historia) o la cantidad ingente de fiat que espera en Gox, tanto de novatos como de daytraders armados de bots que han vendido entre $160 y $200ypico. |
|
|
|
You mean flash crash and then immediately back to +$200? Or you are saying that those who sold at 160btc will be queing up to buy like crazy at $123.40 (Gox last price)?
Why would anyone queue to buy at $123.40 when they can buy at $88 right now on another exchange? No they CANNOT. Explain to me how I can buy 10,000 USD of bitcoin RIGHT NOW on any other exchange? You would have to have an account open with them AND have USD sitting in that account. +1 If I could quickly get money anywhere selling, especially BTC-E etc, I would be on that like a fat kid on a cup cake. Well that's pretty bullish, if there are a lot like you then as soon as Gox opens price goes up |
|
|
|
IMO situation is quite clear at the moment: very easy to move coins from exchange to exchange, not so easy to prompt move fiat, therefore price is likely to go down while Gox is closed.
How do you think the market react when Gox opens again?
Super deep flash crash and then recovery?
Bear market with long and continued decline like in 2011?
Fast recovery?
Where are you seeing support and resistance short and mid term?
Place your bets gentlemen.
Simple. MtGox will prove itself why its the leading exchange. It hold the largest (by far margin) fiat pool. Coins from other exchange will pour in and increase MtGox trade volume to record high. Other exchange? shoot themself in the head. You said this in the Wall observer thread as well, however I'm not sure if you're saying that the price will drop or increase. I only hear talks about volume, and it's obvious that the volume will reach record high, especially with the 48 hours of no fee.. I'm wondering íf Gox can even handle the amount of trades that will cause.. Guess where those fiats are from selling btc at 200? 160?.... You mean flash crash and then immediately back to +$200? Or you are saying that those who sold at $160 will be queing up to buy like crazy at $123.40 (Gox last price)? |
|
|
|
....and its gone.  ROI on batch3 not looking so hot right now. considering some 'investors' purchased coin at 100+ It depends at how you look at it. I want an Avalon to mine BTC, and I would like to have my 75btc back + more BTC. If prices go down a lot, GPU miners will turn off their machines and ROI could be easier for an Avalon. Obviously I don't give a f*** about the exchange rate. |
|
|
|
you people really need to start learning how to use other exchanges. virwox.com has always been solid for me. yea, its an extra step converting USD to SLL, but they've always been solid. there's also localbitcoins.com if you want to circumvent exchanges altogether.
Are you joking? Virwox has CRAZY fees and you can just convert WHOLE Bitcoins from SSL, so you always have stuck SSL in the account. Virwox just good to buy your first BTC's fast, not to seriously trade. |
|
|
|
IMO situation is quite clear at the moment: very easy to move coins from exchange to exchange, not so easy to prompt move fiat, therefore price is likely to go down while Gox is closed.
How do you think the market react when Gox opens again?
Super deep flash crash and then recovery?
Bear market with long and continued decline like in 2011?
Fast recovery?
Where are you seeing support and resistance short and mid term?
Place your bets gentlemen.
Simple. MtGox will prove itself why its the leading exchange. It hold the largest (by far margin) fiat pool. Coins from other exchange will pour in and increase MtGox trade volume to record high. Other exchange? shoot themself in the head. Yeah, but you did not answer my question. How will the market price react? |
|
|
|
You are not helping.. I was not an early adapter like you were, i mined my btc from 0.01 btc daily and i didn't exactly have that kind of money to waste 30000$ on an asic, and i am so glad i didn't.
Most of it gone anyway, i'm just stuck with an electricity bill that's all
You're still an early adopter, this is a game that will be played in the long run, Bitcoin is still a newborn and its economy is like a peanut... And what we were having was clearly a crazy speculative bubble in its purest form, which means that it's GREAT that it popped. Don't be silly, is fiat which is not to be trusted. Just remember to make your investments wisely and do not invest what you cannot afford to loose. |
|
|
|
|
IMO situation is quite clear at the moment: very easy to move coins from exchange to exchange, not so easy to promptly move fiat, therefore price is likely to go down while Gox is closed.
How do you think the market react when Gox opens again?
Super deep flash crash and then recovery?
Bear market with long and continued decline like in 2011?
Fast recovery?
Where are you seeing support and resistance short and mid term?
Place your bets gentlemen.
|
|
|
|
The largest shakedown in history? Really?
The whole bitcoin market - at $266 - wasn't a fart in the Cyprus hurricane. And Cyprus is tiny.
Cultivate perspective.
This. God bless the wise people among us. |
|
|
|
Well i didn't lose much Just 30 ltc. But it still means a lot to me, I feel scammed and it was not because of my own mistake. I'm lucky i have stashed the rest of my coins in a safe place. But i totally lots faith in crypto currencies  How is it possible to say something so silly? If a thief robs your cash on the street, will you totally loose your faith in "money"? No but if my money worths 1/3 of it's yesterday's price, i WILL lose faith in my money. Specially if i see thieves stealing mine and others' moneys Well, so it is very easy for the FED to eliminate any cryptocurrency: they just have to pump and dump it. Stop thinking in terms of fiat money, cryptocurrencies are about freedom, just use them to buy goods and services and just invest them what you can afford to loose. |
|
|
|
Ongoing panic sell
I expect a bunch of merchants are still setting their prices based on the now-frozen Mt Gox rate and are going to get the shock of their life. Good point. |
|
|
|
Well i didn't lose much Just 30 ltc. But it still means a lot to me, I feel scammed and it was not because of my own mistake. I'm lucky i have stashed the rest of my coins in a safe place. But i totally lots faith in crypto currencies How is it possible to say something so silly? If a thief robs your cash on the street, will you totally loose your faith in "money"? |
|
|
|
Im not usually very fond of conspiracy theories but doesn't this look like somebody wanted to destroy Bitcoin and succeeded?  How can a price swing DESTROY bitcoin? |
|
|
|
ooh yeah! I have my stop loss script working - a day late.
mofos gotta stop selling, seems there's too many coins in the hands of people that bought in at < $30, others are holding.
Of course there are A LOT of coins in the hands of people that bought in at < $30, that was just one month ago and to be verified at Gox takes 10 days  |
|
|
|
The irony of this situation is that if it were easier to move fiat to the various exchanges through the legacy banking system, there wouldn't be any problem at all.
Well - you think the FED doesn't now that? |
|
|
|
I hope it hits $1.00.
I will buy for $1 too, if it drops that far. I can guarantee you that I will buy A LOT if it goes that far. |
|
|
|
What part is the fail? or everything I guess? To others and to you maybe.
I also use Deep Freeze. Turns my whole computer into it's own sandboxed VM, so any malware disappears on reboot.
Not having 2 Factor Auth when dealing with MONEY is FAIL. You have very long random passwords? There's many other ways to compromise a system, both server or client side. Only truly secure way is 2FA You use Deep Freeze? Not secure at all. Did you read the OP? Deep Freeze will do nothing to protect you from certain attack vectors. |
|
|
|
The market doesn't need saving, it needs to be left to its own devices and those who get burned get burned. If it falls to low it will recover.
By doing this they are creating a panic not about bitcoin itself but about their own willingness to allow their customers to use their own money.
Exactly. Other exchanges will crash today now. And tonight so will Gox. Their attempt to cooldown will make it worse. Idiots! I think it's the opposite. If people do not sell coins then the price go up. On 12 hours, when MTGOx open again you will see a lot of people trying to buy cheap fast before it recover the "before shock" prices. Well, I will be ready to buy cheap, but I'm afraid that we will also have a downwards effect: sellers executing market orders to benefit from the higher Gox closing price and buyers panicking in order to cancel bids... You can bet that MtGox will suffer THE HUGEST TRANSACTION VOLUME it EVER HAD when it reopens trading tonight. THAT will be a spontaneous crowd DDoS. |
|
|
|
Until Gox opens is obvious that price will crash -> there's no easy and immediate way to send fiat to exchanges, while it is very easy to send BTC. How do you think the market will react when Gox open? Slow and bumpy recovery or super deep flash-crash? I have to admit that I could use some below $10 BTC |
|
|
|
La que se está liando, cuando abra Gox será la fiesta de los BTC baratos  |
|
|
|
|
Show Posts
