If the coins are truly in Mt Gox then they aren't hitting the market for a couple years.

I've only been around since 5 December and I already feel like I've been through the wars.  

BFX has more volume on all days bar 3 and then only slightly less.

I think BTCE is falling behind the pack a bit.  Look at the weakness of arbitrage between BSP and BTCE.

Notable that BFX now bigger than BTCE.

I have fresh fiat and it's just sitting there.  Waiting for someone much bigger than me to move.

Until we bust through say $620 convincingly and stay there we are still in a sharp decline.

This Gox business is such a mess it will take several years at least to fully resolve.  And it will bring a taint to  bitcoin the whole time.  We will need pretty powerful good news to balance that out and we don't have it yet.

Mark spent $700 million on failed kick starter projects.

Cheap coins ahead.  Lots of accusations of Ponzi schemes to come.

Not sure how you count 500 as solid support when we tested 400 pretty convincingly 2 days ago.

My purchase at $602 that I thought I might regret I regretted so I sodl at $597.  Now to wait.

So he once lived with Mark and we are going to hit him with a billboard?  Is that pretty much the sum of it?

Nothing really new in there.

Peak stuck transmissions from Gox: 70,000 BTC

http://coinsight.org/mtgox.html

Go to Mt Gox stuck transmission outputs, select all and look at 7 February.


That's where the coins went.  TX malleability.  You only needs to lose 70,000 coins ten times to lose everything.

I think most people have already figured out that MK is a kook but looks like we are going to have a crash to prove it.

If people without Gox accounts receiving suggests it's not a Gox database hack.

My work colleague emailed me a Mt Gox article saying I better sleep with my bitcoins under my pillow. 

Which isn't bad advice really even though he would have nfi.

I had to gently point out to him that I was up 28% yesterday and 15% today. 

I feel bad for buying at $602 ! But I know where the price was 5 days ago.

Ok this is getting stupid. Bought some more just over 600. May regret that.  

599.  This is way too fast. I hodl.

5800 coins to 500.  Up from about 2100 coins 6 hours ago. It's filling in fast.