$3 jump

[marcus_of_augustus]

MtGOX said they were "cooperating with the authorities" ... is tantamount to them saying "MtGOX was a honeypot for people searching for privacy"

... I think the privacy-conscious money has decided MtGOX is a risk that is not worth it right now ....

anybody got a clue on why both MtGOX and TradeHill have US bank accounts in Delaware? what is special about that state?

[bodhipraxis]

anybody got a clue on why both MtGOX and TradeHill have US bank accounts in Delaware? what is special about that state?

Delaware is a major tax and bank haven, right in the mouth of the lion. See, for instance:

http://www.guardian.co.uk/business/2009/nov/01/delaware-leading-tax-haven

Delaware allows you to obscure accountholder names.

 

[DonnyCMU]

Actually... I think I know why.

3PM PST, Dwolla e-mail me (and probably many people) that the bank deposit has finally been cleared.
I have been waiting for this since Monday.

And it would take only 10-15 min. to deposit that into Mt.Gox today.

Short moment afterwards.... $3 spike

Sadly, I'm not monitoring my mail, and miss the mini-rally.

[marcus_of_augustus]

anybody got a clue on why both MtGOX and TradeHill have US bank accounts in Delaware? what is special about that state?

Delaware is a major tax and bank haven, right in the mouth of the lion. See, for instance:

http://www.guardian.co.uk/business/2009/nov/01/delaware-leading-tax-haven

Delaware allows you to obscure accountholder names.

 

Ha! So the new meme is;

"Oh. so you've got "DELAWARE BANK ACCOUNT" ... nudge, nudge, wink, wink.

... what hypocrits, after trashing Swiss banking privacy laws that are 250 years old and worked just fine, as designed, for protecting customers from predator banks, the US has got the biggest tax shelter on the planet next door to Washington and NY ... US is seriously messed-up in the head.

[hazek]

and yet were still rising. The insanity that is bitcoin.

You do realize mtgox shows 27% of bids from spot down and 73% of asks from spot up, do you?

[Steve]

Actually... I think I know why.

3PM PST, Dwolla e-mail me (and probably many people) that the bank deposit has finally been cleared.
I have been waiting for this since Monday.

And it would take only 10-15 min. to deposit that into Mt.Gox today.

Short moment afterwards.... $3 spike

Sadly, I'm not monitoring my mail, and miss the mini-rally.

Bingo!  With all the talk that the weekend brings a drop in prices due to ACH transfers not being processed, my thesis is that everyone has staged money for the weekend in order to take advantage of the drop.  Therefore, I bought today, just ahead of this weekend's surge.      ...only time will tell if my thesis is correct.

[niemivh]

anybody got a clue on why both MtGOX and TradeHill have US bank accounts in Delaware? what is special about that state?

Delaware is a major tax and bank haven, right in the mouth of the lion. See, for instance:

http://www.guardian.co.uk/business/2009/nov/01/delaware-leading-tax-haven

Delaware allows you to obscure accountholder names.

 

+1

Delaware is actually the biggest tax haven in the world according to the guy who wrote the book on tax havens. 
http://www.amazon.com/Treasure-Islands-Uncovering-Offshore-Banking/dp/0230105017/ref=sr_1_1?ie=UTF8&qid=1308361230&sr=8-1