Just when we see a stable price... | Bitcointalksearch.org

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: dree12 on May 14, 2013, 07:22:40 PM

Quote from: Coinbuck @ BTCLot on May 14, 2013, 07:20:22 PM

Quote from: dree12 on May 14, 2013, 07:19:39 PM

BTC-E at 99. Given that Mt. Gox USD cannot be withdrawn easily right now, this is probably the best indicator of market price.

Edit: now 97.6

That is not true. Obviously you don't use Mt.Gox services.

If you live in the US, the only ways out of Mt. Gox are through Camp BX and through Coinbase, both expensive. Some find it cheaper to buy BTC and withdraw that way.

Wire transfer sonny. Cheesy

randrace

sr. member

Activity: 329

Merit: 250

LTC -> BTC -> Silver!

I'm bored.
Did I say I'm bored?
I meant I'm boring.

bobdude17

sr. member

Activity: 454

Merit: 250

I think the big money is trying to hold Bitcoin stable through this conference. It's right in Silicon Valley, too important to showcase a wildly fluctuating product to investors. I think they might let go of the reigns after and it'll shoot up quick as companies start making grabs.

Kaiji

full member

Activity: 140

Merit: 100

Hoist the Colours

Quote from: solidshotnosh on May 14, 2013, 07:39:53 PM

Strap me in baby, I'm here till we crash and burn into obscurity or until we skyrocket into our glorious final form

I agree with that sentiment. Either I'll make it or I'll die.

BitPirate

full member

Activity: 238

Merit: 100

RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: Beta-coiner1 on May 14, 2013, 11:03:12 PM

Now this is what I call a Bearapocalypse.....which is made up of a series of events that seem likely to de-value BTC.

The full effect shall not be happening until all this week.I think we can pretty much preclude there won't be any major USD flowing into Gox soon and I wonder if this has anything to do with the Coinlab/Gox lawsuit that made the authorities look into this further?

I think we can obviously expect quite a bit of selling over the next few days.

Obviously? Nonsense!

Remember this....?

Government cracks down on fiat payment method?

Bitcoin user not affected.

Furthermore the world is a lot bigger than the USA.

bitcl1234oinfever

newbie

Activity: 42

Merit: 0

Quote from: Beta-coiner1 on May 14, 2013, 11:03:12 PM

Now this is what I call a Bearapocalypse.....which is made up of a series of events that seem likely to de-value BTC.

The full effect shall not be happening until all this week.I think we can pretty much preclude there won't be any major USD flowing into Gox soon and I wonder if this has anything to do with the Coinlab/Gox lawsuit that made the authorities look into this further?

I think we can obviously expect quite a bit of selling over the next few days.

Hate to say it but I agree. I think this shit that happened here recently is going to have the people who were ready to pull the trigger wait now on the sidelines.

Interesting next few days.....

Beta-coiner1

hero member

Activity: 532

Merit: 500

Now this is what I call a Bearapocalypse.....which is made up of a series of events that seem likely to de-value BTC.

The full effect shall not be happening until all this week.I think we can pretty much preclude there won't be any major USD flowing into Gox soon and I wonder if this has anything to do with the Coinlab/Gox lawsuit that made the authorities look into this further?

I think we can obviously expect quite a bit of selling over the next few days.

mgio

hero member

Activity: 546

Merit: 500

F you W. and F you homeland security.

I'm beginning to think that the US's AML laws are as outdated as their copyright laws.

Napster and bittorrent destroyed the music business.

Bitcoin will destroy the dollar.

Stunna

legendary

Activity: 3192

Merit: 1279

Primedice.com, Stake.com

Yup, always an uphill fight :\

No 1

full member

Activity: 140

Merit: 100

Ad Infinitum Et Ultra

.... the price falls hard. come one guys when are you gonna learn? Tongue

solidshotnosh

sr. member

Activity: 307

Merit: 250

I see no reason to be anything but bullish in any endeavor. Ever.

All or nothing babeh.

dree12

legendary

Activity: 1246

Merit: 1077

Quote from: Coinbuck @ BTCLot on May 14, 2013, 07:39:24 PM

Quote from: dree12 on May 14, 2013, 07:37:50 PM

The crash has not started yet. That was the warmup.

Tell us more about your buy position Grin

I stopped being a permabull after the crash from $266. Bitcoin is at the cusp between over- and under-valued right now. Any small movement can elevate into a large one.

It's worked out well so far. I went short in the $125 zone down to $110 because of the CoinLab lawsuit. I'm shorting again now.

Disclaimer: I own bitcoins—the shorting is a hedge to my exposure. My net exposure remains positive.

solidshotnosh

sr. member

Activity: 307

Merit: 250

Strap me in baby, I'm here till we crash and burn into obscurity or until we skyrocket into our glorious final form

Coinbuck @ BTCLot

hero member

Activity: 540

Merit: 500

The future begins today

Quote from: dree12 on May 14, 2013, 07:37:50 PM

The crash has not started yet. That was the warmup.

Tell us more about your buy position Grin

dree12

legendary

Activity: 1246

Merit: 1077

Quote from: solidshotnosh on May 14, 2013, 07:34:55 PM

Well that crash lasted like 20 mins?

I'm glad that I obsessively watch the market, that was fun and educational

The crash has not started yet. That was the warmup.

solidshotnosh

sr. member

Activity: 307

Merit: 250

Well that crash lasted like 20 mins?

I'm glad that I obsessively watch the market, that was fun and educational

solidshotnosh

sr. member

Activity: 307

Merit: 250

Quote from: Coinbuck @ BTCLot on May 14, 2013, 07:27:39 PM

Quote from: dree12 on May 14, 2013, 07:22:40 PM

If you live in the US, the only ways out of Mt. Gox are through Camp BX and through Coinbase, both expensive. Some find it cheaper to buy BTC and withdraw that way.

I don't want to spend time explaining so I will just quote a post I saw.

Quote from: solidshotnosh on May 14, 2013, 07:14:16 PM

I don't understand the mass sell-off and panic.

You can still use Dwolla -> BitInstant -> MtGox

Or Dwolla -> CampBx

Or BitInstant Cash deposit -> Key -> MtGox

Or Bank Transfer ->MtGox

Or Dwolla ->Okpay -> MtGox

Should I go on?

O FUG THE GUVMENT TYIN TA SHUT DWN BITCOIN

Guise, srsly, our market cap is what it would probably cost to shut it down. We're such a small piece of the pie I can't see any major body (for the time being) giving a second thought to the power we attribute to bitcoin.

that's actually my post from another thread.

That's what inspired this thread

Coinbuck @ BTCLot

hero member

Activity: 540

Merit: 500

The future begins today

Quote from: dree12 on May 14, 2013, 07:28:39 PM

Yep. You can get fiat into Mt. Gox but not out. Therefore, Mt. Gox prices are unreliable.

Aurumxchange is still working.

dree12

legendary

Activity: 1246

Merit: 1077

Quote from: Coinbuck @ BTCLot on May 14, 2013, 07:27:39 PM

Quote from: dree12 on May 14, 2013, 07:22:40 PM

If you live in the US, the only ways out of Mt. Gox are through Camp BX and through Coinbase, both expensive. Some find it cheaper to buy BTC and withdraw that way.

I don't want to spend time explaining so I will just quote a post I saw.

Quote from: solidshotnosh on May 14, 2013, 07:14:16 PM

I don't understand the mass sell-off and panic.

You can still use Dwolla -> BitInstant -> MtGox

Or Dwolla -> CampBx

Or BitInstant Cash deposit -> Key -> MtGox

Or Bank Transfer ->MtGox

Or Dwolla ->Okpay -> MtGox

Should I go on?

O FUG THE GUVMENT TYIN TA SHUT DWN BITCOIN

Guise, srsly, our market cap is what it would probably cost to shut it down. We're such a small piece of the pie I can't see any major body (for the time being) giving a second thought to the power we attribute to bitcoin.

Yep. You can get fiat into Mt. Gox but not out. Therefore, Mt. Gox prices are unreliable.

Coinbuck @ BTCLot

hero member

Activity: 540

Merit: 500

The future begins today

Quote from: dree12 on May 14, 2013, 07:22:40 PM

If you live in the US, the only ways out of Mt. Gox are through Camp BX and through Coinbase, both expensive. Some find it cheaper to buy BTC and withdraw that way.

I don't want to spend time explaining so I will just quote a post I saw.

Quote from: solidshotnosh on May 14, 2013, 07:14:16 PM

I don't understand the mass sell-off and panic.

You can still use Dwolla -> BitInstant -> MtGox

Or Dwolla -> CampBx

Or BitInstant Cash deposit -> Key -> MtGox

Or Bank Transfer ->MtGox

Or Dwolla ->Okpay -> MtGox

Should I go on?

O FUG THE GUVMENT TYIN TA SHUT DWN BITCOIN

Guise, srsly, our market cap is what it would probably cost to shut it down. We're such a small piece of the pie I can't see any major body (for the time being) giving a second thought to the power we attribute to bitcoin.

Topic: Just when we see a stable price... (Read 1920 times)