What's special about May 6th?
Coinlab opens
Ok, remember, I'm admitting I'm the new guy so be gentle. But why is Coinlab opening, and thus in theory bringing more fiat currency to the market through supposed ease of use, bad for his play? It seems to me that he would want to acquire more and stay long in that case.
What am I missing or lacking in understanding?
J.
Perhaps it is the uncertainty of how smoothly the transfer will go.
Remember, MtGox drops $30 in a few minutes based on a bit of lag. If the transfer caused a few hour/days crash...good bye rally.