Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
giszmo
on 10/04/2013, 02:02:14 UTC
i was 14,250 in gox queue on Saturday, now i'm 11,800

one day later and i'm only 11,620 Sad

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 long does it take to perform a verification? 10 minutes max? Just hire 20 temp workers.. shit you still can only do 1k verifications a day. *scratches head*

If everyone get verified at the same time price might bubble up, we wouldn't want that  Tongue

I disagree. Sure all coming at once would leave no time for the coin holders to provide liquidity but at the same time the monsterous mtgox verification queue is taken far too much as an indicator that we are safe to hold our coins as long as more money is waiting at the gate.
What will happen when the queue gets shorter?
What will happen when all are verified?
You are all waiting to cash out on either of these dates and then you all try to front run the others. Sure thing. I prefer an honest market without such artificial delay.