Earthjade said:Go with the BTC-e price.
Yep I figured that but still fascinating
MtGox price used to be $150 more than the rest now it's $150 less !
Earthjade said:Go with the BTC-e price.
trew said:Down to $450 on MtGox !
RetardedMonkey said:Anyone trading on MtGox is a fool.
Consider it like using a demo account, sure you might go awesomely, but effectively you've gained nothing... Only difference is that you have lost everything.
Bullion Baron said:Another call was that it would hit US$150 on gox.
SilverSale said:I'm now looking for a drop to Approx US$150.... on gox.
He claims victory because some other exchange:
SilverSale said:BTC-e just hit my US$150 target![]()
It didn't drop under $500 on Mt Gox (well not yet), bit early to be claiming victory.
As usual SilverSale is just spinning his successes and failures.
Altima said:Seems like you single-handedly took down a bitcoin exchange.
I think that would be cooler!
RetardedMonkey said:That said, you can't actually profit from this, since the only place the price is now moving, is on Gox... And good luck getting funds/BTC in and out ! haha
Load of Bullion said:RetardedMonkey said:That said, you can't actually profit from this, since the only place the price is now moving, is on Gox... And good luck getting funds/BTC in and out ! haha
Ya, it's largely academic. Sure Mt.Gox is causing waves throughout the further ecosystem butin reality, if I can't buy at what ever price then it is irrelevant to me or other potential buyers.
The so-called "flash crash" to $102 on the BTC-e exchange did not reflect the general price of bitcoins at all. Someone possibly panicked and sold at a ridiculously low price of $102 rather than say $602. To say that the price of bitcoins dropped to that price is a fallacy. Only a few bitcoins may have from an idiot seller.
One or two buyers capitalising one someones stupidity on one exchange does not reflect the reality of the general market and the price of bitcoins.
In the real world, people can't readily buy bitcoins at current Mt.Gox prices without having some connection to the troubled exchange. I'm certainly willing to accept bitcoins current Mt.Gox prices as long as they are not kept by Mt.Gox.
Meanwhile, delusional idiots will continue to be delusional idiots.
RetardedMonkey said:That said, you can't actually profit from this, since the only place the price is now moving, is on Gox... And good luck getting funds/BTC in and out ! haha
Load of Bullion said:Ya, it's largely academic. Sure Mt.Gox is causing waves throughout the further ecosystem butin reality, if I can't buy at what ever price then it is irrelevant to me or other potential buyers.
The so-called "flash crash" to $102 on the BTC-e exchange did not reflect the general price of bitcoins at all. Someone possibly panicked and sold at a ridiculously low price of $102 rather than say $602. To say that the price of bitcoins dropped to that price is a fallacy.
Settlement At 20:00 UTC on the contract settlement day, the settlement price will be determined by the volume weighted average price ("VWAP") across the three operating exchanges with the most volume in BTC-USD over the previous 30 days (as per the information on Bitcoincharts in the column "30d Volume"). The weighting will be determined by the three exchanges' monthly volume in BTC-USD and the price by the three exchanges' 24HR average price (as per the information on Bitcoincharts in the column "24h Avg"). We reserve the right to use different data collection service if it can provide all the data required to fulfill same calculations.
Load of Bullion said:RetardedMonkey said:That said, you can't actually profit from this, since the only place the price is now moving, is on Gox... And good luck getting funds/BTC in and out ! haha
Ya, it's largely academic. Sure Mt.Gox is causing waves throughout the further ecosystem butin reality, if I can't buy at what ever price then it is irrelevant to me or other potential buyers.
The so-called "flash crash" to $102 on the BTC-e exchange did not reflect the general price of bitcoins at all. Someone possibly panicked and sold at a ridiculously low price of $102 rather than say $602. To say that the price of bitcoins dropped to that price is a fallacy. Only a few bitcoins may have from an idiot seller.
One or two buyers capitalising one someones stupidity on one exchange does not reflect the reality of the general market and the price of bitcoins.
In the real world, people can't readily buy bitcoins at current Mt.Gox prices without having some connection to the troubled exchange. I'm certainly willing to accept bitcoins current Mt.Gox prices as long as they are not kept by Mt.Gox.
Meanwhile, delusional idiots will continue to be delusional idiots.