Starting to eat away at that $24K resistance. I think we might see a quick hop up to $30K, but I’m still under the belief that a retest of the lows is possible when the mtgox coins are distributed. I would say that will be the time to buy, but it’s quite possible everyone else is thinking the same thing, so we’re seeing big money trying to front run retail’s re-entry by buying all throughout this dip.
Nobody really expects anything out of MtGox this year - don't believe anything you've read anywhere that tells you some kind of distribution / payout is imminent - it's
definitely not.wooooooo - I am bothered by "definitely"
Extraordinary claims require extraordinary evidence (or at least some evidence, more than a mere assertion).
My memory was that distributions could end up as early as late August.. but probably the earliest possible date.. based on the last notice that I read would be early September.. so.. what is happening between September 1 and December 31? nothing?
The extreme of this statement is coming off as potentially bettable, since it is so extreme and pretty straight-forward to frame
- no distribution this year?...ok..
absolutely - no distribution this year?...ok..
Is it bettable?
samson are you there?
Are you there?