Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[kurious]

Meanwhile at Mtgox:

Ahh...'Seppuku'...

it's the Japanese Starbucks big death-by-chocolate drink.

[BitChick]

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.  

So what are you waiting for!?  BUY!!!    

[Arcas]

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.  

http://www.youtube.com/watch?v=DeUVxqPU-No

[kurious]

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.  

Fortune favours the brave... Good luck!

[N12]

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. 

Pretty funny, indeed I'm seeing people trying to get in money. New money comes in, and the premium game continues as this money will not be able to get out (regardless of who holds it).

MtGox is a volatility perpetuum mobile.

[medialab101]

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.  

So what are you waiting for!?  BUY!!!    

I am... did... Saving half because I think there is going to be negative news on Gox today... bring it even lower maybe.

[Arcas]

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.  

Fortune favours the brave... Good luck!

Stupidity is often mistaken for bravery.

[seleme]

To sleep or not to sleep? 

When is Gox coming out with news?

[medialab101]

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.  

Fortune favours the brave... Good luck!

Stupidity is often mistaken for bravery.

I've been following this Gox drama closely for the last few months... I think the odds are on my side.

[niothor]

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.  

Fortune favours the brave... Good luck!

Stupidity is often mistaken for bravery.

True heroes die in battle

[niothor]

To sleep or not to sleep? 

When is Gox coming out with news?

I'm willing to bet that today is not the day for a press release.

[roslinpl]

People should stop worry about MtGox and use another exchange..

MtGox is not good.

[TERA]

tick tock tick tock. 3 day ema going down soon.  i guess this wasn't the recovery after all.

[kurious]

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.  

Fortune favours the brave... Good luck!

Stupidity is often mistaken for bravery.

I've been following this Gox drama closely for the last few months... I think the odds are on my side.

I am afraid I wished you good luck as I really don't think the odds are on your side, but you are making a fantastically contrarian move.  

I wouldn't do it, but I am in awe that someone has put cash IN right now!

[Miz4r]

It appears that even though MtGox and Bitstamp have nearly decoupled, they are still very weakly correlated in directional bias.

I think it's quite obvious that MtGox is the main price driver at this point. The other exchanges may have decoupled but the state of MtGox and the question whether it will survive and withdrawals will be restored is still very important for the price at this moment. A higher Gox price will be associated with a higher chance of good news coming out of MtGox and this will cause other exchanges to rise as well with it.

[Arcas]

To sleep or not to sleep? 

When is Gox coming out with news?

I'm willing to bet that today is not the day for a press release.

I'm guessing that they will say something.

It won't be very informative, but it will be something.

[UnDerDoG81]

Yay we going up... For no fucking reason... again... So stupid...

[kurious]

To sleep or not to sleep? 

When is Gox coming out with news?

I'm willing to bet that today is not the day for a press release.

I'm guessing that they will say something.

It won't be very informative, but it will be something.

I doubt there is anything worth waiting up for coming from Gox, somehow.

Deadlines have never meant much there, let's face it.

[N12]

It appears that even though MtGox and Bitstamp have nearly decoupled, they are still very weakly correlated in directional bias.

I think it's quite obvious that MtGox is the main price driver at this point. The other exchanges may have decoupled but the state of MtGox and the question whether it will survive and withdrawals will be restored is still very important for the price at this moment. A higher Gox price will be associated with a higher chance of good news coming out of MtGox and this will cause other exchanges to rise as well with it.

What I have been pondering is whether this directional bias will also be the case if they reinstate withdrawals, or whether the surplus of BTC would drag down the other exchanges. I don't think this can be found out any other way than empirically, so I'm going to be watching very closely, because this will likely decide whether or not we have a longer term bear market. So far, Bitstamp looks strong to me.

[niothor]

Yay we going up... For no fucking reason... again... So stupid...

Get used to , we've gone up so many times with no reason , and downside also it's nothing that special anymore.