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niothor
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February 16, 2014, 11:08:50 PM |
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8:07 AM
Monday, February 17, 2014 (JST)
Time in Tokyo, Japan
Situation: Mtgox staff still in bed dreaming about what to write in the press release. |
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Odalv
Legendary
 Offline
Activity: 1414
Merit: 1000
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February 16, 2014, 11:10:34 PM |
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8:07 AM
Monday, February 17, 2014 (JST)
Time in Tokyo, Japan
Situation: Mtgox staff still in bed dreaming about what to write in the press release. I go to sleep ... |
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kurious
Legendary
Offline
Activity: 2618
Merit: 1749
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February 16, 2014, 11:13:34 PM |
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The Great Wave off Kanagawa.... Nice reference. Poetry, art... this place has become rather sophisticated of late. |
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niothor
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February 16, 2014, 11:18:47 PM |
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The Great Wave off Kanagawa.... Nice reference. Poetry, art... this place has become rather sophisticated of late. Meanwhile at Mtgox:  |
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medialab101
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February 16, 2014, 11:22:14 PM |
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There is some choochoo-ing going on, something's up?
Monday morning 8:20 AM... probably some new fiat hitting Gox. |
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hyphymikey
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February 16, 2014, 11:22:15 PM |
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Who has some USD on Gox they want to sell me?
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dreamspark
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February 16, 2014, 11:22:51 PM |
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If gox goes choo choo and the other exchanges follow theres a hell of a lot of shorts that are going to get squeezed
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JimboToronto
Legendary
Offline
Activity: 4522
Merit: 5845
You're never too old to think young.
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February 16, 2014, 11:24:46 PM |
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That' why everybody should come here only full of beer.
Besides , if you watch this thread and trade based on what is written here , you're way better trading while drunk.
+1 |
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ChrisML
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February 16, 2014, 11:24:50 PM |
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The idiot who has shortend from $280,- is an idiot.
He called that upon himself.
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BitChick
Legendary
Offline
Activity: 1148
Merit: 1001
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February 16, 2014, 11:25:09 PM |
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The Great Wave off Kanagawa.... Nice reference. Poetry, art... this place has become rather sophisticated of late. Right!? The forum is becoming cultured and refined. What does it mean? Out of depression are we resorting to the arts for therapy and solace? |
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niothor
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February 16, 2014, 11:25:45 PM |
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There is some choochoo-ing going on, something's up?
Monday morning 8:20 AM... probably some new fiat hitting Gox. And the other exchangers are responding , or is gox following them?? It seems like some small cho choos everywhere... |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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February 16, 2014, 11:26:14 PM |
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Right!? The forum is becoming cultured and refined. What does it mean? Out of depression are we resorting to the arts for therapy and solace?
It means that corrections and bear markets cleanse us of the stupidity and light-headedness that will be about to ensue once more in the coming days. I have said this many times: 2012 was probably the most productive year for Bitcoin, even though it saw the least gains. |
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mzp
Newbie
Offline
Activity: 10
Merit: 0
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February 16, 2014, 11:27:02 PM |
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If Gox goes up now would it not only be because they are prepping to withdrawl coins and sell anywhere else? Everybody else better be prepping some dollars to exploit this non-Gox dump coming up here soon.
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YoYa
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February 16, 2014, 11:28:40 PM |
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Meanwhile at Mtgox:  |
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delphic
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February 16, 2014, 11:29:29 PM |
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The Great Wave off Kanagawa.... Nice reference. Poetry, art... this place has become rather sophisticated of late. Right!? The forum is becoming cultured and refined. What does it mean? Out of depression are we resorting to the arts for therapy and solace? Many a true word spoken in jest... |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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February 16, 2014, 11:30:24 PM |
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It appears that even though MtGox and Bitstamp have nearly decoupled, they are still very weakly correlated in directional bias. I believe the initial state of what is a reasonable gox premium, negative or positive, tends to spiral out of control in a positive feedback loop until it breaks. This is not the first time, but it is the most extreme time in history. And, should they re-enable withdrawals, I presume 30% positive premium would be a conservative estimate.
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molecular
Donator
Legendary
Offline
Activity: 2800
Merit: 1023
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February 16, 2014, 11:31:18 PM |
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That' why everybody should come here only full of beer.
Besides , if you watch this thread and trade based on what is written here , you're way better trading while drunk.
I'm at it. went long on leverage (don't usually have fiat, sold some BTC 1 hour ago to be able to borrow more) |
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medialab101
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February 16, 2014, 11:32:49 PM |
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If Gox goes up now would it not only be because they are prepping to withdrawl coins and sell anywhere else? Everybody else better be prepping some dollars to exploit this non-Gox dump coming up here soon.
The uptick is indicative of new fiat hitting Gox on Monday morning. I just sent $3,000 not 15 minutes ago and it is now sitting in my account.  |
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niothor
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February 16, 2014, 11:33:19 PM |
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It appears that even though MtGox and Bitstamp have nearly decoupled, they are still very weakly correlated in directional bias.
This is the time ShroomsKit comes and yells "sheeeeeep"  ))) But seriously I don't see any damn reason for them to go up or down by the same %. If there is a real reason for the gox price to go up , it should go up to the bitstamp price with a 10% minus or plus , not dwell in the 300 range |
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kurious
Legendary
Offline
Activity: 2618
Merit: 1749
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February 16, 2014, 11:34:47 PM |
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Meanwhile at Mtgox: Ahh...'Seppuku'... it's the Japanese Starbucks big death-by-chocolate drink. |
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