Price within the next few hours.

[yrtrnc]

Hi all

Mtgox's awaited announcement will come any minute and the price, depending on the news will go up or down.

Will the news be positive? Most likely not. Since Mtgox has taken this long to sort out its problems, there is clearly something dark going on.

Since the news looks bad, maybe something like we partially fixed the problem hang in there.

Given all these conditions, and considering that all the exchanges follow mtgox we will most probably see a bearish market within the next few hours.

Prices as low as 580 ( we are talking stamp prices).

[windjc]

Hi all

Mtgox's awaited announcement will come any minute and the price, depending on the news will go up or down.

Will the news be positive? Most likely not. Since Mtgox has taken this long to sort out its problems, there is clearly something dark going on.

Since the news looks bad, maybe something like we partially fixed the problem hang in there.

Given all these conditions, and considering that all the exchanges follow mtgox we will most probably see a bearish market within the next few hours.

Prices as low as 580 ( we are talking stamp prices).

Yeah, its probably going down.

[spiderbrain]

Part of me thinks that if gox is still keeping coins out of the economy, prices should go up... however, prices for gox non-coins will obviously go down, and the other exchanges seem to follow like sheep. The sensible thing to do at the moment might be to be sell some coins before gox's "we're sorry, we suck, gives a few more days" announcement, and buy back cheaper, but I think I'll just hodl.

[yrtrnc]

Part of me thinks that if gox is still keeping coins out of the economy, prices should go up... however, prices for gox non-coins will obviously go down, and the other exchanges seem to follow like sheep. The sensible thing to do at the moment might be to be sell some coins before gox's "we're sorry, we suck, gives a few more days" announcement, and buy back cheaper, but I think I'll just hodl.

Yes, this happens to me too. Even though the market is screaming that the price will go down, I generally hodl.

[nick32768]

In Tokyo it's now 19.37, no news for today, so the fear will continue di rise, taking the price slowly down.

Nick

[yrtrnc]

sharp rise on all exchanges.. Insider info perhaps!

[yrtrnc]

In Tokyo it's now 19.37, no news for today, so the fear will continue di rise, taking the price slowly down.

Nick

Strange indeed!