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Author Topic: 0400hrs GMT - Odd Time To Start Trading @ MT Gox  (Read 2054 times)
Chucksta
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June 24, 2011, 08:22:14 PM
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They should have set that to a time when more people are up and about. Worldwide, that is.
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Bit_Happy
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June 24, 2011, 08:58:19 PM
 #2

Not that bad ~9pm on the West Coast USA (I think)

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MoonShadow
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June 24, 2011, 09:01:10 PM
 #3

They are local to Japan.  Why would they have to be concerned about when you are awake?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Chucksta
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June 24, 2011, 09:11:01 PM
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Not that bad ~9pm on the West Coast USA (I think)

Ah, that's not so bad. For some reason I thought that time would have been an unsociable time for the USA.
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June 24, 2011, 10:03:52 PM
 #5

It's 12 AM EST, which is late for some I guess, but most nerds go to bed around 12 AM most nights anyway
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June 24, 2011, 10:30:38 PM
 #6

Midnight EST in New York, but if people have funds frozen that they really care about and want to trade or whatever, I'm sure they can stay up the extra few hours. Still weird that Mt. Gox is making it only one hour, because of course there are time zones where it's hugely inconvenient.

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June 24, 2011, 11:13:23 PM
 #7

Also it's Friday night, which means that for some it's easier to do because no work in the morning, but for others there are parties or drinking or whatever they want to do... maybe if they get drunk enough before trying to trade *evil laugh*
bitcoin.monger
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June 25, 2011, 01:28:30 AM
 #8

Friday around midnight  Smiley What a party!
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June 25, 2011, 04:40:15 AM
 #9

Well, we don't have to worry anymore about the hour. The go-live was delayed again  Grin
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June 25, 2011, 04:45:35 AM
 #10

They should have set that to a time when more people are up and about. Worldwide, that is.

Yea. Strange. Why on earth would a Japanese business start trading at 9am in Japan?



TSE opens at 9:00 AM in Japan, which would be around 5:00 PM here. One market closes, the other opens.

(had to double check, lol)
Code:
09:00:00 a.m. Saturday June 25, 2011 in Japan converts to
05:00:00 p.m. Friday June 24, 2011 in PST8PDT

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June 25, 2011, 04:46:41 AM
 #11

They are local to Japan.  Why would they have to be concerned about when you are awake?
Seriously, how many Japanese bitcoin traders are there? any estimate?
Japanese language subforum doesn't even exist here.
bitcoin.monger
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June 25, 2011, 04:49:25 AM
 #12

true, probably not too many Japanese users, but Mark does live in Japan  Smiley
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June 25, 2011, 04:50:36 AM
 #13

There's only one thread in Japanese:
http://forum.bitcoin.org/index.php?topic=877.0
I'd guess half of them used Google Translate before they post  Lips sealed
bitcoin.monger
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June 25, 2011, 04:55:06 AM
 #14

isn't Satoshi Japanese as well?  Cheesy
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June 25, 2011, 08:00:48 AM
 #15

Probably to prevent a mass flood of users DOSing the site.

Tronlet
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June 25, 2011, 01:24:38 PM
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isn't Satoshi Japanese as well?  Cheesy
This is actually unlikely, it is more probable that he is European due to a very good knowledge of the English language, the usage of British English spellings, and a couple other things I can't recall at the moment but a Google would probably get you there.

bitcoin.monger
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June 26, 2011, 05:57:27 AM
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or maybe Satoshi is Gavin? new englanders speak decent bringlish  Grin
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June 26, 2011, 02:11:24 PM
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Quote
This is actually unlikely, it is more probable that he is European due to a very good knowledge of the English language, the usage of British English spellings, and a couple other things I can't recall at the moment but a Google would probably get you there.

Ever considered that most schools teach british english? Also being "good at english" doesn't mean that guy is from anywhere. I'v heard indian people speaking perfect english too...

@topic, I seriously hope they reconfirm all the accounts before Gox opens again. filed my account claim as soon as it was possible, still haven't heard from them, the email I sent them is still unanswered.
Jack of Diamonds
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June 26, 2011, 02:14:41 PM
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isn't Satoshi Japanese as well?  Cheesy
This is actually unlikely, it is more probable that he is European due to a very good knowledge of the English language, the usage of British English spellings, and a couple other things I can't recall at the moment but a Google would probably get you there.

That doesn't mean anything. There are millions of A+ Chinese students who write perfect British English online. I've done business & talked with plenty of them on forums. Their word usage, grammar and spelling is top notch.

You could never tell they are Chinese unless they used nicknames indicating their place of origin.

I don't see how that's any different for Japan or any other country. English is my 3rd language but I'm 100% fluent in it, maybe more so than in my native language which I've already forgotten partially.

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MoonShadow
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June 26, 2011, 08:04:53 PM
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I don't see how that's any different for Japan or any other country. English is my 3rd language but I'm 100% fluent in it, maybe more so than in my native language which I've already forgotten partially.

It's different for Japan, at least for most people.  Some parents send their children to after school classes for English with a native English teacher, but nearly every Japanese student attends publicly funded schools, which are prohibited from hiring foreign nationals as teachers due to union rules.  The result being that a Japanese born native speaker of English is a rare teacher, and one who is in very high demand; while the vast majority of English students (which is all children in public schools in Japan) get a teacher who's native language is Japanese.  This causes distortions in the grammer that is detectable by native English speakers that is commonly called "Japlish".  Although they can be understood, they are also easily identified.  It really is different for native Chinese.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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