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by jellicle 4500 days ago
So, you made an assertion about what Mt. Gox is doing that is entirely unsupported by any knowledge on your part, I pointed out that you couldn't possibly know that, and your counter is that because Mt. Gox hasn't wiped out the entire order book in a particular direction, they must not be participating in the market at all.

Such brilliance.

1 comments

Sorry, there has been a misunderstanding. My first comment to which you replied could be rephrased as "There is a big arb opportunity which they are not exploiting, and it is interesting that they are not doing it." The continued existence of the arb opportunity is a public fact, which is why I was a bit baffled that it would be questioned. It was not clear to me at first that you believed I had claimed that Mt. Gox was not participating in the market at all.