Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29176. (Read 26711568 times)

copper member
Activity: 2898
Merit: 1465
Clueless!
Paul Buitink @paulbuitink · 2h

According to my source it was the leaking of the crisis doc that ultimately killed the rescue of Gox


no he was doomed when he told the bitcoin foundation that his wallet method or accounting lost the coins
assuming what he says is true...he is an idiot at the head of a corporation that was clueless for years..
so..it is either that or he is an evil genius and will keep his personal fortune via bankruptcy...(ie he really
was that stupid ...therefore blameless in the theft...therefore bankruptcy protection will protect all his
personal assets)

no way that the document circulating killed mtgox....because any document stating he was clueless
enought to lose millions of bitcoins either now or later would have just killed it dead

no one invests in stupid

the sad part is he may have actually been clueless on all this which means by going bankrupt he
will keep any $$$ he cashed out in bitcoin years ago...you can't go after personal assets in
bankruptcy for being stupid and lossing folks btc or $$$ only if your intent was to do harm

so yeah he could walk away in his own unicorn and rainbow universe in a year when this
whole escapade when the bankruptcy shakes out....he will be humilated but likely have
way more money then me yet

the ways of finance.....people at the bottom have no safety nets ...people at the top
have all sorts for the same stupid/destructive behaviors....

anyhow hope i'm wrong ...but likely if he truely was that dumb (likely) he will walk
away from this humilated but still well off

Searing
full member
Activity: 182
Merit: 100
Don't think we'll go much lower than this unless willy removes his 552 wall. For now at least
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
That's the point BTC won't work for me anymore. I dont trust it. I don't trust any exchanges anymore. But Bitcoin is based on trust only.

Bitcoin is based on not trusting.  Its primary value is as a cryptographic protocol providing cryptographic guarantees, so that you do not need to trust a counterparty.  If you give your bitcoins to someone else and they do not return them, it is not a failure of bitcoin.  It is a failure of your good sense.  Do not trust your good sense until you retrain it.  Bitcoin remains trustworthy.
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
Paul Buitink @paulbuitink · 2h

According to my source it was the leaking of the crisis doc that ultimately killed the rescue of Gox


The joint statement killed the rescue (if one ever was to be effected).
member
Activity: 70
Merit: 10
How could they possibly have lost 850,000 BTCs?  Huh

No cold wallet at all?



if it looks like an inside job, smells like an inside job and tastes like an inside job i guess it was an:


inside job.


it went on for a longer time. if it would have been an acute problem, mk would have been communicating with customers way more direct, authentic, shocked.  

he knew it. maybe did it.

He done it 99.99%

There must be legal action against Mt. Gox!!!

If this guy and other insiders will not be prosecuted, it states clearly to the protagonists, that any other exchange or virtual currency business can do such scam again and again and again.

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
2014/02/28(金)

仮想通貨 「ビットコイン」取引仲介サイト運営
株式会社MTGOX
民事再生法の適用を申請
負債65億100万円



TDB企業コード:378004485
 「東京」 (株)MTGOX(資本金500万円、渋谷区渋谷2-11-5、電話03-4588-3921、代表カルプレス・マルク・マリ・ロベート氏)は、2月28日に東京地裁へ民事再生法の適用を申請し、同日保全命令を受けた。
 
 監督委員兼調査委員に小林信明弁護士(千代田区紀尾井町3-12)が選任されている。

 (株)MTGOXは、2011年(平成23年)8月の設立。元々、ネット上で流通するデジタル通貨・ビットコインの取引仲介サイト『Mt.Gox(マウントゴックス)』の取引仲介業務を行っていた(株)TIBANNEの事業を2012年4月に引き継いだ。同社は、2009年(平成21年)10月の設立。その後、一部海外メディアでビットコインの記事が掲載されたことを契機として取扱高が急伸。当初想定を上回る取引量となったため、2012年4月から同業務を関係会社の(株)MTGOXに移管。(株)TIBANNEから事業を継承して以降は、当社が主体となってビットコイン取引プラットフォームのホスティングおよび運営を手がけ、2013年3月期の年収入高は約1億3500万円を上げていた。
 
 しかし、2013年5月頃から数回にわたってサーバに大量のデータが送りつけられるなどサイバー攻撃が頻繁に繰り返されていた。加えて、2014年2月上旬頃からはビットコインの引き出しができなくなる事態が発生。2月24日頃までにユーザーの取引履歴上のビットコイン保有高である約75万ビットコインおよび会社自身の取引履歴上の保有ビットコインである約10万ビットコインのほぼ全てがなくなっていることが判明。2月25日には同サイトにアクセスできなくなっていたが、26日未明に取引中止の声明が発表されるなど利用者の間で動向が注目されていた。
 
 負債は約65億100万円。

Google Translate:

2014/02/28 ( Gold )

In progress would like currency " BldgッToko Sui nn " take lead agency thermal LITE shipped Operating
Ltd. MTGOX
Civil regeneration method applicationをapplication
Liabilities 6,500,000,000 1,000,000 yen



TDB enterprise coード: 378,004,485
 "Tokyo" ( strain ) MTGOX ( capital of 5 million yen, Shibuya-ku, Shibuya 2-11-5 , phone 03-4588-3921 , on behalf of Cal plastic Ritz su · ma Hikaru ku · ma ri · ro beltーSuites 's B) Net February 28 ni Tokyo to cutへcivil regeneration method applicationをapplication expands on the same day Subjectedけta preservation orders .
 
Oversight and investigations committee members ni small Linxin Ming Bian nurse ( Chiyoda Kioicho 3-12 ) But electedされKei te ru .

( Strain ) MTGOXは, 2011 ( Heisei 23 years ) August Full establishment . Yuan 々 , NekoッSuites onでsu ru circulating currency terrestrial Tatari Hikaru Bldgッ· Full Toko Sui nn thermal LITE take lead agency " Mt. Gox ( maウnn Goreッku su ) " Full line to take lead agency businessをっta te Kei (strain ) TIBANNE Full careerをApril 2012 cited ki Ji Kei ni da . With socialは, 2009 ( Heisei 21 years ) October Full establishment . After the Other , a foreign and TelevisionでBldgッToko Sui nn Full Notepad But kei set octopusとをされとexpands the opportunity to take扱high te But anxious stretch . Originally wanted to beをtake lead on back ru naっta ta amountとrather , in April 2012 ka ra relationships with businessをclubs Full (strain ) MTGOX ni pipette . ( Strain ) TIBANNE ka ra careerを継Cheng expands te dynastiesは, when the club is it subjectとnaっte BldgッToko Sui nn take lead plasticッSuites gift Forward- one woods Fullホsu tea nn bagおyo shareholders' op Operatingをhand Butけ, in March 2013 on Forecast of annual revenues were ¥ approximately 100,000,000 35,000,000 of ¥げte Kei ta .
 
Expands ka expands , May 2013 are ka ra few back ni wa taっte thermalーperfect ni a lot of Full Performance Items But send ri zuけraれru naどthermal Sui butterーattack Ji But frequent ni kuri ri backされte Kei ta . Plus ~ te , in early February 2014 ha ka raはBldgッToko Sui nn Full cited a expands Butでki ki na ku na ru But the situation Development of Health . February 24 on ares maでni uniーザーFull take lead shoe Artworks Full BldgッToko Sui nn maintain highでthou ru about 750,000 BldgッToko Sui nnおyo shareholders' club itself Full take lead shoe Artworks on Full ownership BldgッToko Sui nnでthou ru about 100,000 BldgッToko Sui nn Full Mizuho bo full te But na ku naっte Kei ru koとBut ascertain . February 25 niはsame thermal LITE ni Ann ku Center suでki na ku naっte Kei ta But , on the 26th of unknown ni take lead abort Full Statement But Development trends amongでtableされru naどuse by Full But attentionされte Kei ta .
 
Liabilitiesはapproximately 6.5 billion 1,000,000 yen .
zyk
full member
Activity: 224
Merit: 101
How could they possibly have lost 850,000 BTCs?  Huh

No cold wallet at all?



if it looks like an inside job, smells like an inside job and tastes like an inside job i guess it was an:


inside job.


it went on for a longer time. if it would have been an acute problem, mk would have been communicating with customers way more direct, authentic, shocked.  

he knew it. maybe did it.


He done it 99.99%

The fall guy gets his share but the real money already went offshore as bitcoin-community is a bunch of

helpless lost speculator fucktards Wink
sr. member
Activity: 308
Merit: 250
your forgot the 1d MACD, which is turning green.
legendary
Activity: 1470
Merit: 1007
I'm afraid we have one more leg down, not mainly because of Gox bankruptcy news but overall, it didn't look last 2 days we're ready for new rally. Gox news could help a bit.

But since even I am finding myself thinking where it will stop than reversal probably isn't too far.

My thoughts as well. The "recovery" already seemed to get stuck yesterday night, and with further price development of today, it's starting to look like we're leaning towards downward breakout.

I will add some analyzes and feel free to discuss its validity:

[....]

Well, here's my comment on it: Your analysis makes sense, but except for the last one it's all based on momentum trading, which usually works, until it doesn't anymore... especially now that there is probably quite a few in here who think we're maybe still not rallying, but that the bottom is in... which can translate into "let's start buying in again, since we're near the bottom anyway" rather quickly. That said, I also see more evidence that we're going back into the lower half of the 500s again, since breaking 600 doesn't seem to be an option either right now, and the momentum is still downwards on any recent time scale bigger than 3 days.
hero member
Activity: 681
Merit: 507
i will wait exactly 10min before i will buy back in Cheesy get ready guys
hero member
Activity: 812
Merit: 1000
Paul Buitink @paulbuitink · 2h

According to my source it was the leaking of the crisis doc that ultimately killed the rescue of Gox
hero member
Activity: 605
Merit: 500
How could they possibly have lost 850,000 BTCs?  Huh

No cold wallet at all?



if it looks like an inside job, smells like an inside job and tastes like an inside job i guess it was an:


inside job.


it went on for a longer time. if it would have been an acute problem, mk would have been communicating with customers way more direct, authentic, shocked.  

he knew it. maybe did it.

He done it 99.99%
hero member
Activity: 728
Merit: 500
WHAT DID I tell you guys before lol. As soon as we get the overdue correction, everyone starts theorizing about the continuation of the bear market and how awful the gox situation is. Then miss their buying opportunity because they are waiting for some ridiculous 300 or whatever.
legendary
Activity: 2338
Merit: 2106
How could they possibly have lost 850,000 BTCs?  Huh

No cold wallet at all?



if it looks like an inside job, smells like an inside job and tastes like an inside job i guess it was an:


inside job.


it went on for a longer time. if it would have been an acute problem, mk would have been communicating with customers way more direct, authentic, shocked.  

he knew it. maybe did it.


edit:


copper member
Activity: 2898
Merit: 1465
Clueless!
The news say that MtGOX lost 750,000 BTC belonging to clients but has only 80 million USD in "liquid liabilities".  That means 1 BTC = 100 USD approximately.  Are they valuing each BTC deposit with the price at the time the deposit was made?  Or are they using the MtGOX price at closure? 


Probably the second one, I mentioned it on Gox bankruptcy thread. It makes me wonder if it would be good thing to buy some GoxBTC if price fails more.

There's of course that 1.5k wall at 552, so it'll be a question of whether enough momentum develops to break through or not.

heh...sorry guys btc is dropping not because of the mtgox declaring bankruptcy...it is cause i bought 0.83868613 of coin 2 hrs ago.....(it is always me...picking the wrong time to do stuff)

anyway i'll not do anything else less i break it down farther

Searing (fun hobby huh! all the fun of the aftermath of a tornado touchdown)
zyk
full member
Activity: 224
Merit: 101
How could they possibly have lost 850,000 BTCs?  Huh

No cold wallet at all?

Fuck..didn´t you get the memo...Gox was an insider outlay at the head of the chain - letter...sayonara !!
legendary
Activity: 1470
Merit: 1007
The news say that MtGOX lost 750,000 BTC belonging to clients but has only 80 million USD in "liquid liabilities".  That means 1 BTC = 100 USD approximately.  Are they valuing each BTC deposit with the price at the time the deposit was made?  Or are they using the MtGOX price at closure? 


Probably the second one, I mentioned it on Gox bankruptcy thread. It makes me wonder if it would be good thing to buy some GoxBTC if price fails more.

There's of course that 1.5k wall at 552, so it'll be a question of whether enough momentum develops to break through or not.
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
I don't think 400 will be the bottom this time IMHO

Gox's collapse will be a huge blow to bitcoin. Expect lots of ignorant merchants to simply withdrew from accepting bitcoins and expect potentially new merchants abandon their plans to start accepting bitcoins.

Bottom will be well below 400 and if btc ever recovers it might take years.
sr. member
Activity: 280
Merit: 250
How could they possibly have lost 850,000 BTCs?  Huh

No cold wallet at all?
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
I'm afraid we have one more leg down, not mainly because of Gox bankruptcy news but overall, it didn't look last 2 days we're ready for new rally. Gox news could help a bit.

But since even I am finding myself thinking where it will stop than reversal probably isn't too far.

My thoughts as well. The "recovery" already seemed to get stuck yesterday night, and with further price development of today, it's starting to look like we're leaning towards downward breakout.

I will add some analyzes and feel free to discuss its validity:

 looking to 4h charts the bear market just started : there is a periods crossove
r








looking to 6h charts the bear market will be starting (continueing from the 4h chart cycle) : there periods will crossover







looking to 12h charts the bear market will be starting (continueing from the 6h chart cycle ) : there periods will crossover







looking to 3d charts the bear market didn't even end and the down trend continue, and after few days from that 400 crash the bottom didn't even form and the indicators didn't even get close to crossing  (continueing from the 6h chart cycle ) :


Jump to: