Post
Topic
Board Speculation
Re: Alright, be totally honest: who saw this one coming?
by
solex
on 29/05/2013, 08:00:32 UTC
I mean of course the (mini?) rally of the past 2 days. Did you suspect this would happen?

Here from 4 days before the rally:

https://bitcointalk.org/index.php?topic=178336.msg2217116#msg2217116

Pretty good, but here's the real test: did you act on it, and with how much commitment?

Cause for example, I called yesterday's dip with high accuracy and well before it began, yet I didn't make any trades that took advantage of it, part out of laziness, part out of doubt about my own analysis.

Indeed. Everyone's situation is different. I have bought and sold and re-bought, so was "all-in" last time from 117, so I didn't buy more although a spike up seemed likely.  I have also decided to reduce my exposure to mtgox to a minimum until such time as the uncertainly over the Dwolla situation is resolved (even though I have never used Dwolla, and never intend to).

I find it inexplicable that mtgox have not released a proper official statement to reassure their customers that they a working to comply with the FinCen regulations and unfreeze that account. I mean, how can they ignore their own obligations when they make their customers go through the verification (KYC evidence supplying) process?