dedcoin (OP)
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Activity: 87
Merit: 10
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February 19, 2014, 12:25:52 PM |
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Mt Gox news will come up in few hours. My theory is that the price will go down in other markets.
Explanation:
The odds of MtGox being solvent are >50% in my opinion (~ 90%). Still it seems as the market is frozen and everyone is waiting for the price to go up. Which is ridiculous given the odds; everyone should be buying in the expectation of a crash up.
I believe that the good news (that might come up) are already priced in. I am strictly talking about non Gox.
We will see some manipulation to go up, followed by a crash to $500 and the downtrend will resume.
For those who are positive about gox but use stamp,btce etc. Are you buying like hell, and if not why?
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First bitcoin bought at $70
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hostmaster
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February 19, 2014, 12:26:28 PM |
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lets see
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TERA
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February 19, 2014, 12:29:39 PM |
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I thought Thursday was tomorrow.
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dedcoin (OP)
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Activity: 87
Merit: 10
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February 19, 2014, 12:32:14 PM |
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I thought Thursday was tomorrow.
yes, few hours in Japan  |
First bitcoin bought at $70
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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February 19, 2014, 12:34:32 PM |
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Still waiting to buy. Not sure what will happen and too much risk to lose my money. I think I get in at 550 on stamp if we go there...
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TERA
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February 19, 2014, 12:35:04 PM |
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It's being released at midnight?
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Dalmar
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February 19, 2014, 12:36:56 PM |
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yes, few hours in Japan All their previous majors announcements were released roughly around 12:00 GMT (evening in Japan - noon in Europe). |
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ONE | |
little | |
HELP CHANGES
EVERYTHING | | ➦ | |
..DONATE.. |
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dedcoin (OP)
Member
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Activity: 87
Merit: 10
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February 19, 2014, 12:40:59 PM |
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It's being released at midnight?
All their previous majors announcements were released roughly around 12:00 GMT (evening in Japan - noon in Europe).
I see, so you are holding off until the right moment. When the bell will ring you will place your order. Good strategy. I should have done that when bitstamp resumed. |
First bitcoin bought at $70
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AmazonStuff
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February 19, 2014, 12:42:42 PM |
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Currently it's 22:42, Wednesday, February 19, 2014 (JST) in Japan.
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dedcoin (OP)
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Activity: 87
Merit: 10
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February 19, 2014, 01:01:15 PM |
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.. and
How do you think time-to-announcement is affecting the price?
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First bitcoin bought at $70
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AmazonStuff
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February 19, 2014, 01:14:08 PM |
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.. and
How do you think time-to-announcement is affecting the price?
I just don't think announcement will happen in a few hours, MtGox team is probably preparing to sleep now. Announcement will happen probably tomorrow (tomorrow in terms of JST). |
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InCoinsITrust
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February 19, 2014, 02:31:59 PM |
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And what should be that announcment ? How will it affect price ?
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PirateHatForTea
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February 19, 2014, 02:35:05 PM |
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Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
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dedcoin (OP)
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Activity: 87
Merit: 10
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February 19, 2014, 02:35:57 PM |
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Simply a confirmation of their previous one. System is working again .. Price wise, you can say "farewell $260"
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First bitcoin bought at $70
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InCoinsITrust
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February 19, 2014, 02:53:52 PM |
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so when will announcment will be ?
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dedcoin (OP)
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Activity: 87
Merit: 10
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February 19, 2014, 03:00:43 PM |
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I don't know, they said on Thursday 20th (few hours)  |
First bitcoin bought at $70
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Luno
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February 19, 2014, 03:04:16 PM |
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Thursday it is in Tokyo since 3 minutes ago!
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CoinBrokers
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FreeCoins.org
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February 19, 2014, 03:05:43 PM |
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Well if anyone wants to dump bitcoin for cash, just shoot me a PM  |
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iBug
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February 19, 2014, 03:38:08 PM |
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We will update everyone again by Thursday at the latest. |
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mp420
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February 19, 2014, 03:44:58 PM |
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My guess is that they won't enable BTC withdrawals yet tomorrow. At the very best they might give a date for the reopening. Given Gox's track record, they'll probably miss that date too by a day or two.
So, if you feel adventurous, I'm predicting that there's time left to send more fiat to Gox. Not that I'm recommending doing that, though.
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