When bitcoin goes back to 1000 I would say we recovered. This pump can also be related with the Ukranian situation, people looking for other investiments other than fiat. Gold also valued in last weeks.
1000 i guess we will have to wait few more weeks for that or may be Months. but we will eventually get there as i don't see any reason for that not happening if this goxx shock can't take it down to ground nothing else can.
Topic: Is it safe to say we survived the Goxxing? (Read 1977 times)
I still baffles my mind how people in their right mind would dare to store that much on an exchange..
The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
To my defence: I was uninformed, which is not the same as stupid.The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
It's nice to see the price climbing, time to buy!
It is not stupidity it is laziness, also 2 different things.
I am using BTC for less than a year now, so every bad News about MtGox was before that. People forget to easy, that not everyone is an early Adapter, even when they are not really early Adapters themselfes, just earlier than the People, they are judging. But sure, on the interweb, everybody finds someone, who is less informed on a field, than oneself -->People they can call stupid.
I still baffles my mind how people in their right mind would dare to store that much on an exchange..
The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
To my defence: I was uninformed, which is not the same as stupid.The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
It's nice to see the price climbing, time to buy!
It's too early. We still don't know what actually HAPPENED at Gox. If ~800K BTC were lost in cold storage as in, Mark fudged the private keys- then yes we are safe. Severely restricted supply, but still- we are safe. If some individual STOLE 800K of BTC then I'm not so sure.
Yeah,let's see how this whole thing stabilizes.
It's too early. We still don't know what actually HAPPENED at Gox. If ~800K BTC were lost in cold storage as in, Mark fudged the private keys- then yes we are safe. Severely restricted supply, but still- we are safe. If some individual STOLE 800K of BTC then I'm not so sure.
When bitcoin goes back to 1000 I would say we recovered. This pump can also be related with the Ukranian situation, people looking for other investiments other than fiat. Gold also valued in last weeks.
1000 i guess we will have to wait few more weeks for that or may be Months. but we will eventually get there as i don't see any reason for that not happening if this goxx shock can't take it down to ground nothing else can.
When bitcoin goes back to 1000 I would say we recovered. This pump can also be related with the Ukranian situation, people looking for other investiments other than fiat. Gold also valued in last weeks.
I still baffles my mind how people in their right mind would dare to store that much on an exchange..
The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
To my defence: I was uninformed, which is not the same as stupid. The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
I'm probably speaking too soon, but I love the signs!
Not even Warren Buffett denouncing Bitcoin as a currency can get me down.
Not even Warren Buffett denouncing Bitcoin as a currency can get me down.
I checked my pulse, looked in the mirror and saw myself, checked my blood pressure and petted the dog who responded, so I am fairly certain that I have survived.
My $.02.
I'm probably speaking too soon, but I love the signs!
Not even Warren Buffett denouncing Bitcoin as a currency can get me down.
Not even Warren Buffett denouncing Bitcoin as a currency can get me down.
I checked my pulse, looked in the mirror and saw myself, checked my blood pressure and petted the dog who responded, so I am fairly certain that I have survived.
My $.02.
we survived and bitcoin can only move forward from here
We all hope so too..! It is in between 650$-700$ today.. and maybe will touch 800$ mark on next monday..! We survived the gox and i'm sure this community will see many such hurdles in upcoming years , we can just hope btc will survive all of them and will emerge Victorious. Lets just walk along with btc and see where this thrilling journey head towards. being an optimistic I can only hope for the best, This community is strong and Have faith in it.
we survived and bitcoin can only move forward from here
I'm probably speaking too soon, but I love the signs!
Not even Warren Buffett denouncing Bitcoin as a currency can get me down.
Not even Warren Buffett denouncing Bitcoin as a currency can get me down.
I checked my pulse, looked in the mirror and saw myself, checked my blood pressure and petted the dog who responded, so I am fairly certain that I have survived.
My $.02.
I think,
Fake price, fake buy, fake wall
Everything is the same as the MtGox, thereafter Bitstamp will disappear !
History repeats itself
Fake price, fake buy, fake wall
Everything is the same as the MtGox, thereafter Bitstamp will disappear !
History repeats itself
Give it a rest Igorr, your FUD threads backfired.
Hope you're long now, if you're still short I feel bad for you right now.
It's still early days. It's been more resilient than I expected.
There may be some creepy revelations left. I guess the key is finding out if and when all the hundreds of thousands of coins went missing.
There may be some creepy revelations left. I guess the key is finding out if and when all the hundreds of thousands of coins went missing.
I think,
Fake price, fake buy, fake wall
Everything is the same as the MtGox, thereafter Bitstamp will disappear !
History repeats itself
Fake price, fake buy, fake wall
Everything is the same as the MtGox, thereafter Bitstamp will disappear !
History repeats itself
Hardly. Once goxxed, always goxxed.
I was expecting btc to cross 600$ mark after weekend and guess what it did now i'm expecting it to cross 650$ mark by the end of this week or maybe on next Monday lets see.!
You should check out my signature, you may enjoy futures trading
surviving to what ?
I was expecting btc to cross 600$ mark after weekend and guess what it did now i'm expecting it to cross 650$ mark by the end of this week or maybe on next Monday lets see.!
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