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TsuyokuNaritai
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April 10, 2013, 03:24:03 AM |
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 Today in bitcoin: $3 million appeared on the order book, and then $3 million went away. Seems like lots of people are cashing out. It's only a matter of time before USDs on MtGox are overwhelmed. *breathes sigh of relief* I was worried there for a second, until I noticed the author's name. |
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deepceleron
Legendary
 Offline
Activity: 1512
Merit: 1001
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April 10, 2013, 03:37:56 AM |
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i was 14,250 in gox queue on Saturday, now i'm 11,800
one day later and i'm only 11,620  Now i'm 10,360 so i've moved nearly 4k places while the queue has still gone up over 4k, so i guess that means about 8k new requests since Saturday? How many of those are signing up to cash out? 10% maybe? Maybe more, you only find out you need to be verified (again) when you want to get your USD out. |
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Coincrazy
Newbie
Offline
Activity: 28
Merit: 0
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April 10, 2013, 03:40:34 AM |
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New bie question What's this queue ? |
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Frost
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April 10, 2013, 03:41:04 AM |
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BORING... we need increase now  |
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mccorvic
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April 10, 2013, 03:45:16 AM |
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New bie question What's this queue ? It's how many people are waiting in line to use MtGox. |
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solex
Legendary
Offline
Activity: 1078
Merit: 1000
100 satoshis -> ISO code
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April 10, 2013, 03:51:26 AM |
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New bie question What's this queue ? It's how many people are waiting in line to use MtGox. To be clearer, it is the number of people who want to move >$5k per day into gox or >100 BTC per day out of it less the number of SEPA depositors, +/- all the fuzzy exceptions which gox only knows the full extent of. |
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oakpacific
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April 10, 2013, 03:52:23 AM |
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New bie question What's this queue ? It's how many people are waiting in line to use MtGox. To be clearer, it is the number of people who want to move >$5k per day into gox or >100 BTC per day out of it, less the number of SEPA depositors, +/- all the fuzzy exceptions which gox only knows the full extent of. Actually $10k, I asked them. |
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Elwar
Legendary
Offline
Activity: 3388
Merit: 2138
Viva Ut Vivas
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April 10, 2013, 03:54:03 AM |
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New bie question What's this queue ? It's how many people are waiting in line to use MtGox. To be clearer, it is the number of people who want to move >$5k per day into gox or >100 BTC per day out of it including ALL new SEPA depositors, +/- all the fuzzy exceptions which gox only knows the full extent of. My buddy just signed up for a MtGox account. He was put in the queue just to get a verified account. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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solex
Legendary
Offline
Activity: 1078
Merit: 1000
100 satoshis -> ISO code
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April 10, 2013, 03:57:01 AM |
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I know an unverified UK user who has a default limit of $1k.
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Elwar
Legendary
Offline
Activity: 3388
Merit: 2138
Viva Ut Vivas
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April 10, 2013, 03:58:02 AM |
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BORING... we need increase now I do not know charts very well but looking at the current price pattern I would say that it is one of those converging triangle things where once the lines meet anything can happen... I am sure someone else can probably explain it better. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Elwar
Legendary
Offline
Activity: 3388
Merit: 2138
Viva Ut Vivas
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April 10, 2013, 04:00:42 AM |
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Ahh, here is an example:  |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Rallye
Member
Offline
Activity: 94
Merit: 10
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April 10, 2013, 04:12:54 AM |
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Ahh, here is an example: I second this, exactly what I was thinking. Almost there. |
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Kazu
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April 10, 2013, 04:25:06 AM |
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Ahh, here is an example: Yes, according to this theory, which is usually correct, there will be another good-sized move... at about 5:00 PST. |
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LanYu
Member
Offline
Activity: 71
Merit: 10
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April 10, 2013, 04:25:33 AM |
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Some serious resistance today. Tomorrow will likely be red.
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Rallye
Member
Offline
Activity: 94
Merit: 10
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April 10, 2013, 04:29:24 AM |
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Some serious resistance today. Tomorrow will likely be red.
when have we not had resistance this time of day? I'm predicting we at least break 260 tomorrow. |
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zoinky
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April 10, 2013, 04:30:16 AM |
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Some serious resistance today. Tomorrow will likely be red.
when have we not had resistance this time of day? I'm predicting we at least break 260 tomorrow. BTCChina already at 255. |
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Frost
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April 10, 2013, 04:34:34 AM |
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panic starts slowly  |
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Rallye
Member
Offline
Activity: 94
Merit: 10
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April 10, 2013, 04:34:41 AM |
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Some serious resistance today. Tomorrow will likely be red.
when have we not had resistance this time of day? I'm predicting we at least break 260 tomorrow. BTCChina already at 255. While I think these kinds of gains will continue for a while longer, obviously this can't go on forever. At this rate, we would break 2000 in another week. There's got to be an inflection point coming up somewhere along the road. But who knows, maybe we wont even hit it until after 2000. |
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solex
Legendary
Offline
Activity: 1078
Merit: 1000
100 satoshis -> ISO code
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April 10, 2013, 04:40:13 AM |
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Some serious resistance today. Tomorrow will likely be red.
when have we not had resistance this time of day? I'm predicting we at least break 260 tomorrow. BTCChina already at 255. While I think these kinds of gains will continue for a while longer, obviously this can't go on forever. At this rate, we would break 2000 in another week. There's got to be an inflection point coming up somewhere along the road. But who knows, maybe we wont even hit it until after 2000. Inflection point seen in a crystal ball ?!  |
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Kazu
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April 10, 2013, 04:43:54 AM |
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panic starts slowly It just went up almost $50 in one day and dropping less than $10 is a slow panic? Feels more like a a slowing of a panic to me. A panic buy. |
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