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Author Topic: MtGox OPEN  (Read 2310 times)
dumb_mother
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June 25, 2011, 07:43:58 PM
 #21

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS
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marvinmartian
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June 25, 2011, 08:19:40 PM
 #22

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

"... and the geeks shall inherit the earth."
dumb_mother
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June 25, 2011, 09:53:58 PM
 #23

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

your PS is not really correct at all.  bringing more volume to the exchange that already has the most volume effectively stabilizes prices more.  in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).  

as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50

i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.
marvinmartian
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June 25, 2011, 10:18:40 PM
 #24

How about we bet on percentage growth over the next three months?

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

your PS is not really correct at all.  bringing more volume to the exchange that already has the most volume effectively stabilizes prices more.  in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).  

as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50

i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.

"... and the geeks shall inherit the earth."
TurboK
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June 25, 2011, 10:36:38 PM
 #25

The site seems slow, but works. Just waiting for trading to open.

So, while we're all waiting for MtGox to open trading: What are you planning to do once the exchange opens?

For me: I still have some money in MtGox, and I hope that the price will initially go down; grab some cheap bitcoins.
What about the rest of you?
The same thing we do every night, Pinky. Try to take over the world!

Also, buy at low, sell at high.

12zJNWtM2HknS2EPLkT9QPSuSq1576aKx7

Tradehill viral bullshit code: TH-R114411
dumb_mother
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June 26, 2011, 04:41:17 AM
 #26

so you'd like to bet on effectively the market share of volume that mtgox has pre-event vs 3 months post event, well if this is the bet you'd like lmk i'll think about the numbers and get back to you- i do feel like things are clearly weighted against mtgox because along with this incident they have to swallow the fact that other sites (th comes to mind) have lower fees... but then again that only will be the case for 2 out of the 3 months to come because for the next month mtgox is free or .3%.... verify that this is the bet you are interested in, and if you can lay odds otherwise i'll think about it and come back at you with odds- i just have to make sure we both are talking the same bet.

How about we bet on percentage growth over the next three months?

i just successfully sent 1000 BTC over to http://tradehill.com from http://mtgox.com

lies all lies btc > 1$ each

i'm trading wherever volume is i don't care what site it is on or the fees really- i follow volume

Well, volume at Mt. Gox right now is zero to arguably slightly negative ... just so you have a reference for your financial GPS.

and i'm sure tomorrow even only being open for 1/2 a day it will have 10x the volume of tradehill for your GPS

I'm willing to put a wagers on whether or not mtgox will in fact open for trading tomorrow.  Even money.

Regardless, that doesn't change the fact that their current volume is zero.

Let's compare weekly volume, shall we?

I suspect there will be a volume spike on gox, but I also think that their relative size (in volume) compared to other trading sites is about to go way down.

How much you wanna bet?

PS.  Your particular flavor of "follow the volume" is damaging to the bitcoin economy.

your PS is not really correct at all.  bringing more volume to the exchange that already has the most volume effectively stabilizes prices more.  in the simplest form i buy low and sell higher, which means the overall lows are higher (because i buy some increasing prices as they fall) and the highs are lower (because i sell some depressing the prices as they rise)- effectively reducing overall volatility (that's what volume does).  

as for the bet, i wouldn't take any bets on whether or not we can trade tomorrow because they've already delayed enough that it wouldn't be reasonable to make that at 50/50

i'll bet you mtgox has more volume over the next 3 months if you want though, that's one i'd surely bet you.
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