tarmi
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September 29, 2013, 06:30:45 PM


I see no panic at Gox.  It has 4x the 24hr volume now, and buyers have "eaten" through ~ 6000 bitcoins at a $145 ask price in the last 24hrs alone.  There's been a lot of resistance more recently on the way up ($145/$146 levels, for example), but the buyers have continued to push through.


panic would bring mtgox price to 200+ in no time.

people are smarter then that.

smartest among them (whales) bought bitcoins @ 68 $.