N12
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Activity: 1610
Merit: 1010
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August 23, 2013, 05:36:49 PM |
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Arbitrage channels from MtGox are finally opening up. Now that MtGox can no longer serve to distort this market, we can all imagine what's about to unfold.
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N12
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Activity: 1610
Merit: 1010
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August 23, 2013, 05:41:52 PM |
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There's no question that 2-3 months of inability to withdraw from MtGox have had an impact on market forces.
Panic is the strongest of emotions.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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August 23, 2013, 05:49:02 PM |
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I still think 125 is the top here, mid-term. I can see a small bounce at 100-105 support before staying sub-100 (Gox) for a while. I think 88-89, maybe 78-80 will be where I try to catch a bounce, but it's too early to tell. (I also think that there is a good chance we'll revisit sub-65 levels eventually.)
I think the same, but this market just won't fall down easily. After all, it's Bitcoin we're talking about  So contrary to my feeling, I'm already long  |
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JimboToronto
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Activity: 4004
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You're never too old to think young.
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August 23, 2013, 05:56:26 PM |
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Meanwhile, Virtex hit 105, up from 89 less than 3 days ago.
Looks like all the great arbitrage opportunities are closing up.
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ShroomsKit
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August 23, 2013, 05:59:30 PM |
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I wish someone would buy that 125 wall. So tired of seeing it.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 23, 2013, 06:02:45 PM |
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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August 23, 2013, 06:12:34 PM |
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Gox stable and Bitstamp rising, it looks like arbitrage is working
▲ mtgoxUSD 120.7000 108.097 +11.659% 595952
▲ bitstampUSD 109.6100 98.044 +11.797% 305108
expect dumping soon ?  Nah. Expecting Bitstamp to catch right up to Gox prior to 140. Coinbase will help lift it right up  Nice find! Not expecting to see that |
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JimboToronto
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Activity: 4004
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You're never too old to think young.
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August 23, 2013, 06:16:57 PM |
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I wish someone would buy that 125 wall. So tired of seeing it.
Should have done that 2 days ago when it was only 300 coins away. It'll take a concerted bull whale attack, like last weekend, to bite through it now. Meanwhile, the bull whales are resting, letting the plankton grow. |
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FNG
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August 23, 2013, 06:28:18 PM |
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Nice find! Not expecting to see that
Yup. If you monitor Reddit you can see that coinbase is getting a huge influx of users with all of the complaints Bitstamp swinging up as well  |
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ChartBuddy
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Activity: 2170
Merit: 1776
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August 23, 2013, 07:02:39 PM |
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ChartBuddy
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Activity: 2170
Merit: 1776
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August 23, 2013, 08:02:46 PM |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 23, 2013, 09:02:39 PM |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 23, 2013, 10:02:44 PM |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 23, 2013, 11:02:40 PM |
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spooderman
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Activity: 1638
Merit: 1022
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August 23, 2013, 11:58:35 PM |
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zzzzzzz
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xxjs
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August 24, 2013, 12:01:24 AM |
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zzzzzzz
While you sleep, the dollar coins collect dust in a vault somewhere, the dollar bills fade, and the gold coins rust (oops that was in another empire sometimes somewhere). |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 24, 2013, 12:02:45 AM |
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Jozzaboy
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Activity: 98
Merit: 10
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August 24, 2013, 12:12:10 AM |
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C'mon guys, we almost had 6 Chartbuddies in a row.
New 1d and the candle is green. About to challenge the 119 wall that has been pushing us down.
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Cablez
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Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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August 24, 2013, 12:14:20 AM |
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If you base trading decisions on past trends then now is a good entry point and tomorrow could be to late.
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Jozzaboy
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Activity: 98
Merit: 10
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August 24, 2013, 12:30:25 AM |
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If you base trading decisions on past trends then now is a good entry point and tomorrow could be to late.
I've been in since all in since 70 but thanks. I'm just looking at slightly decreased profit |
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