Prediction for MtGox exchange for tomorrow

[flok]

Hi,

Here's my prediction for the exchange rate at mtgox tomorrow.
Time is localtime of Europe/Amsterdam.

http://vanheusden.com/images/prediction-mtgox-20110717.png

[BMFX]

Mind if i ask where you get the idea, that it's going to jump up roughly 15% in the next 24 hours?

[nmat]

Well, 2PM and we're still at 13.6...

[flok]

Mind if i ask where you get the idea, that it's going to jump up roughly 15% in the next 24 hours?

It's not an idea, it is what I predicted using some algorithm which I'm not going to elaborate on.

[The00Dustin]

It's not an idea, it is what I predicted using some algorithm which I'm not going to elaborate on.

Back to the drawing board, then?

[flok]

It's not an idea, it is what I predicted using some algorithm which I'm not going to elaborate on.

Back to the drawing board, then?

Well, it predicts the 17th and it is still the 16th, so you don't know yet if any drawing board is needed.

[The00Dustin]

It's not an idea, it is what I predicted using some algorithm which I'm not going to elaborate on.

Back to the drawing board, then?

Well, it predicts the 17th and it is still the 16th, so you don't know yet if any drawing board is needed.

Fair enough, I simply inferred that it was behind schedule (at the very least) from nmat's post.  I kinda hope it's right, up is good, but it would be a little creepy if it was TOO right, and that is a pretty big gain.

[joulesbeef]

I dont see how, you'd need about .5 million to enter the system in 24hrs as things stand right now.

It's possible that people change their asks and people deciding to not sell but it would take enmass cooperation and that people would buy at those prices without the .5 million but I cant see that happen unless you are sitting on some massive news story we dont know about. Like some major site deciding to take bitcoins.