Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
virtualfaqs
on 28/01/2014, 23:50:45 UTC
Bank run = Buying BTC on Mtgox. As of yesterday, Mtgox had a 200 gap on other exchanges. Then it's dropped to 160 now. Why the sudden confidence in Mtgox if nothing's changed?

I'd get tired of paying $200 over market for btc pretty quickly.  I imagine whoever was taking the blockchain offramp either finished or got weary of having their pocket picked.

I am going to live in a world where it's like a countdown as gox and stamp come to a new origin point in which we set off for mercury from the moon.

That's why I left Mtgox. But in order to leave you have to increase the gap yourself or find a well-timed exit. Basically anyone who sold from 960 to 912 yesterday after the other 2 exchanges stopped dropping want to stay. But seeing as they orchestrated the dump, I can see why that is.