Upcoming MtGox Movement

[cbeast]

The only way empty box is going to see movement is if Tux gets more fiber. 

[dynodog]

With all the cheeseburgers Karpeles washes down with frappuccinos, my guess is the movement will be huge.  At least he will have the print out of tomorrow's announcement available to use for wiping his ass (bc that's all it will be good for).

[derpinheimer]

With all the cheeseburgers Karpeles washes down with frappuccinos, my guess is the movement will be huge.  At least he will have the print out of tomorrow's announcement available to use for wiping his ass (bc that's all it will be good for).

Am I understanding you correctly? Mr. Karpeles ate the bitcoins?

[dynodog]

With all the cheeseburgers Karpeles washes down with frappuccinos, my guess is the movement will be huge.  At least he will have the print out of tomorrow's announcement available to use for wiping his ass (bc that's all it will be good for).

Am I understanding you correctly? Mr. Karpeles ate the bitcoins?

LOL.  If Occam's razor is true, Karpeles eating all the mtgox bitcoins is the only hypothesis that makes any sense.

[smoothie]

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?

You do realize that SOLVENT means they have 100% of all customer funds right? Meaning they should allow full BTC withdrawals of any amount for all customers immediately.

If you agree this is the case then yes by that definition they are SOLVENT.

[Cluster2k]

The value of bitcoins will rocket up again once we cut loose the boat anchor that is MtGox.  Currently MtGox is still claiming the following:

"Trade with confidence on the world's largest Bitcoin exchange!"

That hasn't been true in quite a long time.


"MtGox is the world's most established Bitcoin exchange."

Lovely weasel words there.  As long as MtGox remains alive with one user they can still claim to be the 'most established'


"The only multi-currency Bitcoin trading platform where you can trade with the entire world in your local currency."

Now they've just being funny.  At least the stock clipart still inspires confidence.

[Hyena]

MyMt. Gox 185$ and falling as we speak. I think bad news are coming because why would they start selling TODAY when the news are about to hit.

[dedcoin]

Scary


I think either way, good or bad news, the price was deemed to fall on exchanges..

[dedcoin]

A possible theory is that MtGox is pushing its luck.

We are still thursday, so they can keep their promise while creating panic for last minute cheapo coins
This is not dumb at all for them, since they don't care about the reputation of BTC

[Oldminer]

I'll buy if Karpels accepts IOU's?

[exocytosis]

The announcement comes in 20 minutes, right?

[adam9317]

The announcement comes in 20 minutes, right?

I'm not sure, but what makes you think this?

[exocytosis]

The announcement comes in 20 minutes, right?

I'm not sure, but what makes you think this?

I heard it comes at 6 PM Japan time. And that's in 12 minutes, I think.

[mp420]

The announcement comes in 20 minutes, right?

I'm not sure, but what makes you think this?

I heard it comes at 6 PM Japan time. And that's in 12 minutes, I think.

Where did you hear that?

[exocytosis]

The announcement comes in 20 minutes, right?

I'm not sure, but what makes you think this?

I heard it comes at 6 PM Japan time. And that's in 12 minutes, I think.

Where did you hear that?

On these forums, approximately half an hour ago. In another of the popular Gox threads.

[dedcoin]

It's really taking them a long time.

[adam9317]

It's really taking them a long time.

Tick tock, tick tock. Time goes by so slowly!

[dazzling2865]

It's really taking them a long time.

Tick tock, tick tock. Time goes by so slowly!

I see a massive spike in volume on their website ticker/graph. No expert but does that mean a massive sell of BTC by MTgox/it's customers in last hour or so?

[dedcoin]

They spoke
- I was wrong with the good news.
- The price is still going down.

Where are we headed now?

[adam9317]

What they have said is absolute rubbish! Excuses after excuses!