Mtgox just hit $1037

[banaltcoin]

Mtgox just hit $1037!

Its time to raise! do you think we are going to $2000 this time?

[podyx]

penthouse man what a view

jk 

[proudhon]

Thank you for the bad news update, but please don't spam the forum with threads devoted merely to the latest price.  Your post should go here.

[Dalmar]

1037 Gox Bux = 837 real USD

[DubFX]

Would be nice if it would rise to 2k

[Ibian]

People are not afraid the price is going to fall... they are afraid it is going to rise. Which it probably will this time.

[TERA]

Yes gox will be at $2K while bitstamp is still $830.

[Hyena]

For a Sunday it's quite a boost!

[Philj]

For a Sunday it's quite a boost!

I have a theory that the manipulator(s) take the weekend off, which is why the price has risen the past three weekends.

[banaltcoin]

Yes gox will be at $2K while bitstamp is still $830.

MtGox will eventually fix it's transmission problem, BTCE and Bitstamp will follow MtGox's price soon

[TERA]

Yes gox will be at $2K while bitstamp is still $830.

MtGox will eventually fix it's transmission problem, BTCE and Bitstamp will follow MtGox's price soon

If mtgox fixes its problem, it will result in a massive crash and THEN the other exchanges will be following it.

[UnDerDoG81]

For a Sunday it's quite a boost!

I have a theory that the manipulator(s) take the weekend off, which is why the price has risen the past three weekends.

They change their tactics every time so no one can adapt. We´ve seen different scenarios where we had big weekend crashes and big weekend highs. The Bitcoin in theory is good but in fact it is nothing else than FIAT. Instead of banks are manipulating, @BTC whales are manipulating the market.

[Oshitsa Kamanoto]

Does anybody have data showing the disparity between Gox and the other exchanges? I can't remember a time when the price disparity was this great.

[BreathOfZen]

Mtgox just hit $1037!

Its time to raise! do you think we are going to $2000 this time?

I was just going to post that the MtGox-Bitstamp differential is up to over $190, when it has usually been steady at the $120 range, sometimes going up to $160.  Is the final exodus here when everyone trades their Gox Dollars for BTC at any price just for the chance to get out in time?

[banaltcoin]

Mtgox just hit $1037!

Its time to raise! do you think we are going to $2000 this time?

I was just going to post that the MtGox-Bitstamp differential is up to over $190, when it has usually been steady at the $120 range, sometimes going up to $160.  Is the final exodus here when everyone trades their Gox Dollars for BTC at any price just for the chance to get out in time?

nope, btce and bitstamp will follow gox slowly, you just need to wait a little bit. the reason for this delay is because there are more "pros" and "corps" in MTGOX than btce and bitstamp, so it's always MtGox who makes/creates the trend, and others exchangers follow later

[Tzupy]

Yes gox will be at $2K while bitstamp is still $830.

MtGox will eventually fix it's transmission problem, BTCE and Bitstamp will follow MtGox's price soon

If mtgox fixes its problem, it will result in a massive crash and THEN the other exchanges will be following it.

Correct, but let me clarify for the n00bs: if Gox would sort out it's fiat withdrawal problems, speculators
wouldn't have to move out of Gox via bitcoins and push the price up as a consequence.
Instead Gox's bid side would see a large decrease which would encourage panic selling.

[TTBit]

Its about time we stop putting the dollar sign in front of mtgox quotes. It hit 1037, but certainly not $1037