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Author Topic: $5 Mt. Gox price contest! 2BTC  (Read 6938 times)
proudhon
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December 22, 2011, 07:29:25 PM
 #101

it takes about 200 $k to hit 5 $ at the moment. There are enough funds on MtGox already. If people decide to have fun holiday trading,and have BTC before masses add funds to MtGox in the new year, we may hit 5 $ soon:

Guess: Dec 29, 2011


That's true, but on the other hand, it would only take a dump of ~50kBTC to take the price down to $3.  We've seen at least a few people trade around that volume in the past month or so, so I don't think it's an unlikely possibility that somebody could cash out.  In fact, IIRC, somebody bought 40kBTC or so at $2.9.  That person could drop the price down to right around $3 and make a pretty nice profit right now.
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thegato
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December 22, 2011, 07:38:00 PM
 #102

it takes about 200 $k to hit 5 $ at the moment. There are enough funds on MtGox already. If people decide to have fun holiday trading,and have BTC before masses add funds to MtGox in the new year, we may hit 5 $ soon:

Guess: Dec 29, 2011


That's true, but on the other hand, it would only take a dump of ~50kBTC to take the price down to $3.  We've seen at least a few people trade around that volume in the past month or so, so I don't think it's an unlikely possibility that somebody could cash out.  In fact, IIRC, somebody bought 40kBTC or so at $2.9.  That person could drop the price down to right around $3 and make a pretty nice profit right now.

The 20k dumped today is likely to be the person who bought at $2.9.
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December 22, 2011, 08:09:07 PM
 #103


Now there's UNIX time?!  AHHHHHHHHHHHHHHHH

Not sure if you mean 'now' on earth, or 'now' on this thread.  If the former...

Unix epoch time has been around for about 40 years.  It is simply the number of seconds since midnight January 1st 1970 GMT.

Because it is simple and means the same thing regardless of timezone, daylight savings, etc, etc, it is very popular in computer related engineering.

It is also the case that there is only one way to format an integer which is hugely useful in avoiding problems...and math on integers is also very straightforward.

If this game (or the ones preceding it) specified to use of Unix epoch time and gave a link to a converter, I bet there would be 95% fewer issues.  And if a tag is used as I described, the entire forum thread could be scanned and results published with several seconds of effort.


proudhon
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December 22, 2011, 08:48:57 PM
 #104

it takes about 200 $k to hit 5 $ at the moment. There are enough funds on MtGox already. If people decide to have fun holiday trading,and have BTC before masses add funds to MtGox in the new year, we may hit 5 $ soon:

Guess: Dec 29, 2011


That's true, but on the other hand, it would only take a dump of ~50kBTC to take the price down to $3.  We've seen at least a few people trade around that volume in the past month or so, so I don't think it's an unlikely possibility that somebody could cash out.  In fact, IIRC, somebody bought 40kBTC or so at $2.9.  That person could drop the price down to right around $3 and make a pretty nice profit right now.

The 20k dumped today is likely to be the person who bought at $2.9.

Maybe. 
molecular
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December 23, 2011, 12:34:33 AM
 #105

jan 24

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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December 23, 2011, 05:32:42 AM
 #106

Quote
The 20k dumped today is likely to be the person who bought at $2.9

Nah, I suspect that was Zhoutong prepping for the massive holiday rally that's one the way. He just needed to liquidate a few of the weaker longs in the game or at least pull their stops  Grin

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December 25, 2011, 05:09:19 PM
 #107

Tonight!

cloon
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December 25, 2011, 09:09:52 PM
 #108

Dec 28. 2011

donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
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December 25, 2011, 09:13:39 PM
 #109

Dec 28. 2011

Already taken by me, see first page. Smiley

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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December 25, 2011, 10:01:30 PM
 #110

Dec 28. 2011

Already taken by me, see first page. Smiley
Hm...
so i'll take the 30. dec 2011
if already taken i'll take the afternoon of this day^^ (UTC)

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dree12
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December 25, 2011, 10:14:30 PM
 #111

Reserving 2012-01-12 (January 12, 2012)

Edit: Whoops, killed by the post above me. January 12 is my new guess.
AFAIK,
1/2/2012 is the 2nd of January, but
1.2.2012 is the 1st of February.
Can you bring an example of a country, where 1/2/2012 means the 1st of February?


1/2/2012 is 2 January in the United States and 1 February in Europe, Latin America, Middle East, though everyone should be confused.

1.2.2012 would be 1 February most everywhere, though North Americans might be confused.

I have never come across mm.dd.yyyy anywhere in the world. Generally it is only the United States (and its minor influence in Philippines, Saudi Arabia, and Canada) that uses a dyslexic (mixed endian) system, where the /-slash is near universally used.

Europe, Mid East, Latin America and some of Asia use little endian, with just about any delimiter (., /, -, 年, 月) though big endian is more common in Asia. Only a four digit year would clarify the order.

I've seen some mixed delimiters, such as 22/12-2011, in Germany and nordic countries, or roman numeral months in central Europe, but it is always little endian, unless the delimiter glyph represent the month, year, such as in Chinese 2011年12月22日.

Generally, the / is completely ambiguous and should be avoided. Both . and - denote little endian or big endian and should contain a four digit year. I personally suggest big endian, four digit year, and abbreviated month for least ambiguity and maximum clarity, such as 2011-DEC-22.
xx/xx/xxxx is DD/MM/YYYY format in Canada, though generally common usage is YYYY-MM-DD or MONTH DD, YYYY here. This is especially true when the xx/xx/xxxx format isn't obvious, because of US influence. 01/02/2011 is February 1 here though, and it can get confusing if you even get close to the states.

Unfortunately, there is also another very confusing format that is used by lazier people: DD/MM/YY (05/12/11 for example) and YY/DD/MM (11/05/12). Things can get very confusing if YY/MM/DD (rare - I haven't seen this) or MM/DD/YY (only in the US AFAIK) get mixed in.

These so-called "lazy date formats" primarily use slashes, which I perceive as being introduced from the states - even though our formats are incompatible with theirs.

Dates are confusing!

(on another note, I only realized the MM/DD/YYYY format existed a few years ago. That means I seem to meet the definition of the stereotypical ignorant American.)
netrin
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December 26, 2011, 06:38:50 AM
 #112

Canada must be thoroughly confused, and as you point out, they might not even know they are confused, which is a bit scary. The francophone areas of the east predominantly use a 24-hour clock with little-endian dates with dot or space delimiters and 12-hour and slash dates most everywhere else, and mixed-endian close to the US border. Canada adopted the big-endian hyphen delimited ISO 8601 format for all official documentation in 1989 (CSA Z234.5) but it doesn't seem to be common on the street.

Big-endian follows the numbers themselves: thousands, hundreds, tens, ones; Year, month, day, hour, minute, second; Dollars, cents... Aside from dates, it seems only names and geographical places are referenced little-indian or mixed: 5th Ave, New York City, New York, USA, Earth.

The only thing more confusing, I think are Danish, German and similar spoken number systems, for example: fem hundrede syvoghalvfems = 597 = five hundred seven and half-five (twenties)

Ja danskere, halvfems er i virkeligheden en forkortelse for halvfemsindstyve.

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neptop
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December 26, 2011, 11:22:39 PM
 #113

2012-01-07

BitCoin address: 1E25UJEbifEejpYh117APmjYSXdLiJUCAZ
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December 27, 2011, 03:15:50 PM
 #114

2012-01-07
... from the OP:
Guessing has been closed for a while now. Thanks all!

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LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
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