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hyphymikey
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February 10, 2014, 03:25:03 AM |
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Should we start calling it Ft. Gox now that it is a fractional reserve bitcoin exchange that doesn't have enough funds to cover everyone?
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 10, 2014, 03:26:28 AM |
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btc-e 717
stamps 695
interesting...
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el_rlee
Legendary
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Activity: 1600
Merit: 1014
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February 10, 2014, 03:27:49 AM |
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Should we start calling it Ft. Gox now that it is a fractional reserve bitcoin exchange that doesn't have enough funds to cover everyone?
Any sources? Did Mt.Gox already make their update? Would be about time... |
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Davyd05
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February 10, 2014, 03:32:31 AM |
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btc-e 717
stamps 695
interesting...
Gox was ahead of stamp for a moment, or its so close right now ... le weird, these movements. Stamp is so pre cautionary to gox now I love it. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 10, 2014, 03:40:06 AM |
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12:42PM in Tokyo Japan Mtgox headquarters. Mark found some coins!!! but will it be enough???!!!
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MANofthePEOPLE
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February 10, 2014, 03:40:18 AM |
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btc-e 717
stamps 695
interesting...
Btc-e probably gonna reach 750 before stamp tears down the walls at 720 |
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Davyd05
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February 10, 2014, 03:41:30 AM |
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btc-e 717
stamps 695
interesting...
Btc-e probably gonna reach 750 before stamp tears down the walls at 720 walls dissolve when the markets direction changes, |
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hyphymikey
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February 10, 2014, 03:46:30 AM |
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btc-e 717
stamps 695
interesting...
Btc-e probably gonna reach 750 before stamp tears down the walls at 720 LOL…. When? In March? Maybe! If Gox starts withdrawals, every Gox user should transfer coins to other exchanges and sell immediately (to lock in profit), driving all other exchanges downward. If Gox doesn't start withdrawals, fear will multiply, driving all other exchanges downward. It is currently a lose lose situation if you are bull…. for now. |
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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February 10, 2014, 03:47:02 AM
Last edit: February 10, 2014, 04:09:22 AM by PoolMinor |
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~60 hours till we hit touch 800's.
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pjviitas
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February 10, 2014, 03:47:48 AM |
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12:42PM in Tokyo Japan Mtgox headquarters.Mark found some coins!!! but will it be enough???!!! this guy made a crap load of money...what does he care. |
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hyphymikey
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February 10, 2014, 03:53:46 AM |
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~60 hours till we hit 800's.
Does this not contradict all your recent predictions? Or are you still expecting a drop before that? With your every 35 days we crash scenario. |
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Davyd05
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February 10, 2014, 03:55:59 AM |
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12:42PM in Tokyo Japan Mtgox headquarters.Mark found some coins!!! but will it be enough???!!! this guy made a crap load of money...what does he care. he like most business men, wants to make more. I also don't get why people don't see that the full fiat accounts on gox are going to neeeddddddddd to buy back in and then transfer off to another exchange where they may or may not be previously verified. |
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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February 10, 2014, 03:58:38 AM |
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Does this not contradict all your recent predictions?
Or are you still expecting a drop before that? With your every 35 days we crash scenario.
I believe you have mis-quoted me on this. Or misunderstood what my posts are about. Particularly this one |
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hyphymikey
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February 10, 2014, 04:01:24 AM |
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Does this not contradict all your recent predictions?
Or are you still expecting a drop before that? With your every 35 days we crash scenario.
I believe you have mis-quoted me on this. Or misunderstood what my posts are about. Particularly this oneHere: 10 Days Remain!!!
10 days till??? And don't say 11 of February. Simply the 37 day cycle ends in 10 days, draw your own conclusions to what may occur. October 23 -► November 29 -► January 5 -► February 11 Price tanked those days…. So what am I missing? |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 10, 2014, 04:02:16 AM |
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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February 10, 2014, 04:04:06 AM
Last edit: February 10, 2014, 04:16:57 AM by PoolMinor |
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10 Days Remain!!!
10 days till??? And don't say 11 of February. Simply the 37 day cycle ends in 10 days, draw your own conclusions to what may occur. October 23 -► November 29 -► January 5 -► February 11 Price tanked those days…. So what am I missing? Actually if you look at the data, they reached the peak on those days before faltering downward. Instead of focusing on the crash I was focusing on the peak. I guess I was trying to let people come to their own conclusions, perhaps I should just be a lurker instead. |
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hyphymikey
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February 10, 2014, 04:08:42 AM |
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Do we have a word for the opposite of FUD? Im more inclined to believe the second post in that threat. |
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hyphymikey
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February 10, 2014, 04:37:26 AM |
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Everyone is watching Gox so closely, I suspect someone is trading with themselves on Gox to swing the other exchanges in their favor, where their fiat and BTC are actually worth something. Watching the walls on Gox, the bid side will rise at the exact moment the ask side falls, some trading happens, then it reverses. All the bid/asks in a $100 range shift back and forth. Seconds later, Stamp and BFX follow. Also, someone puts a big wall at say 700 on Stamp, then Gox asks will fall and price will rise until the wall at Stamp gets eaten. Then seconds later the ask wall on Gox comes back keeping the price from going further up. Rinse and repeat. This can't be someone taking advantage of bots can it? Who would keep that much ammo (+500btc) for their bots?
Another BTC500 ask wall on stamp at $700, followed by a price increase on Gox. Hmmm I wonder what happens next? |
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