The fact that there are no fees is precisely why games are being played.  Unless Gox is specifically trying to stress test their system upgrades, I can't imagine why they thought this would be a good idea.

Just for a few days i think. Black friday and such?
@crazy rabbit edit: HMM on the gox site news: 4) Bitcoin Black Friday through Cyber Monday – Trade with Zero Fees!

Gox is a Japanese company. And the owner is french. FYI.

Check the volumes in USD...

In any case, I was talking about this 0-fee business.

come on back to 1190!!!

You got me. Didn't even think to check. (Foot in mouth)

EDIT: this is actually a brilliant idea I think. Thanksgiving normally would be a really quiet time, and a perfect time for whales to come out to play, but with Zero fee's maybe everyone will be out to play and thus perhaps prevent a big crash while no one is looking.

Are you referring to my preferring to consider USD volume? If so, I'd like to hear your thinking there. It'd be pretty amazing to see both, BTC volumes from a year ago and today's prices right now. Yet today, selling enough to, say, buy a house compared to selling the same a year ago isn't a very big chunk of the daily trade volume.

Or maybe you take exception to my ribbing about the general idea here that speculation should increase liquidity, therefore decreasing volatility. I could have phrased that better to begin with, but my point was: if that's true, then given the barrier to speculate has now been significantly lowered, volatility should decrease. I guess we'll see!

I suck at predicting, but it looks like a test of the 1000 mark at gox.

Well, my 0.76 has become 0.71 - like I said, even with 0% fees, I'll still end up with squat. It always, without fail, goes the opposite to what I do.
Maybe I should get a bot and set up to Crazy Ivan....

Will someone explain me why at over 30% increase in price in the last 7 days at bitstamp and over 50% increase at mtgox people are still selling big time? What's the logic there? Why not hold?