Interesting watching the numerous 0.1337 sales nibble away at the available bids. I assume that it is a bot. I cannot figure a motive. Its not frequent enough to cause lag. It is not even handled - so I rule out an arb bot. Why not just buy from the large bid at the top of the depth in one lot.

Is it a signal among a team of traders? Does anyone do such a thing?

why would anyone dump after such a bountiful amount of positive news?


I don't think it's going to happen... not on bitstamp or gox... it would be ridiculously stupid.


Bitstamp those selling at 119+ will not sell lower because they bought their coins on gox around that price, and there is not any easy way to market sell a lot of coins on bitstamp anyway... price matching is pretty shite (not sure if I'm using the right terminology but I'm sure you get my point). On top of that, the bids are too thin to handle enough of a dump.

Gox... well, it's become apparent that wires work and their other accounts are fine, and that DHS is not going to run in with a swat team and a minivan to take gox servers away from Japan.

I believe it's calm because everyone is playing wait and see... once people realise there is nothing really to see, and that the infrastructure is really truely being built now... the only way is up. I will assume the only question is whether there is enough new money to push it up very high, or if it's likely to be more stable and cautious (while possibly leaving bistamp behind until those with the biggest amount of coins staying unsold probably end up moving back to gox after they resolve their paranoia).


My limited opinion, but honestly I don't see any reason for anyone to be too shaky right now at all.

They will make it hard to get money into and out of Bitcoin.  This will affect the value of Bitcoin but its not a fundamental threat.

They can throttle/block bittorrent, why can't they do the same with bitcoin?

The US has reach all over the world... All they gotta do is say they're doing it in the name of stopping terrorism and they can do just about anything. They don't even need proof (eg Iraq).

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.

This thread is obsolete now. Good bye centralization around MtGoxUSD. This is good.