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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23769. (Read 26714339 times)

legendary
Activity: 1260
Merit: 1002


Cheesy

besides, why would anyone transfert BTC to bitstamp when the price is crashing?? its time to transfert fiat ffs!
hero member
Activity: 656
Merit: 500

There were roports that some cashouts were delayed for 5-12 hours yesterday. So he was probably just reacting to that somehow?
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Market is being buoyed by Coinbase buyers switching to BFX and/or just somebody trying to put a floor under this. That said, the bottom is clearly about to fall out. Mining has accelerated so that miners can get new coins and sell them at this price before the price falls to the single digits. Then it dies. The end. Nothing else to say. The s--- has just died. Period. Death.

Enjoy the bloody sharts over the next few days.



... ?

That makes no sense whatsoever.


Yes, it makes sense in Newbie logic, which involves talking his book.    Wink Wink Cheesy Cheesy
member
Activity: 98
Merit: 10
I don't give a sh#@$t about Bitstamp, but I would prefer that their implosion doesn't send Bitcoin further down the drain.


Why not? Cheap coins Grin Grin
I mean, bitcoin won't die does it? Please,... tell me it won't die.
please
please
please!

Wink

Bitcoin won't die, but it will be a lot less useful. The infrastructure around it will probably die. And I respect you too much to tell you where you can shove your cheap coins.

Bitcoin will finally separate from fiat, will become much more useful, and its price in USD will have no significance.

Although I have said "TO DA MOON!!!" quite a lot myself as well, I don't actually live on the moon; yet. Until then, fiat matters.

sheesh thats one dumb ass comment after another...
member
Activity: 106
Merit: 10
sr. member
Activity: 364
Merit: 250

Not really. Indications that something was up started a few days ago it was just not headline news only trickles, dont read too much into it.
legendary
Activity: 1025
Merit: 1000
sorry for those who got MT.STAMP'd

Gox was so much cooler.
Getting Goxed rolls off the tongue.
Getting stamped just doesn't have the same effect.

Stamped on!
legendary
Activity: 1442
Merit: 1188
sorry for those who got MT.STAMP'd

Gox was so much cooler.
Getting Goxed rolls off the tongue.
Getting stamped just doesn't have the same effect.
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this

My guess is that this is because:

a) People are relieved that Stamp said they will honor their user's balance and eat the loss with reserves (first GOX-like event that is handled professionally)

b) Speculators are betting that Stamp will have to buy 18K in the market to cover the lost coins

c) Bitcoin is upside-down crazyland where up is down and left is right (though I have experienced this in other markets too)

legendary
Activity: 1025
Merit: 1000
Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this

This usually means someone knows something the rest of us of the great unwashed masses does not  Smiley
legendary
Activity: 1526
Merit: 1012
Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this

The pump of the last hope to fuckin get out of this mess maybe.

Either way pumping is crucial at this point to keep bitcoin afloat, investors know it i guess.
hero member
Activity: 767
Merit: 532
Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this
full member
Activity: 156
Merit: 100
sorry for those who got MT.STAMP'd
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue
sr. member
Activity: 280
Merit: 250
Someone just got aggressive on finex.
sr. member
Activity: 378
Merit: 254
Whoa, check out that bangin' green sex toy on BFX!
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
It seems like the $5M question is whether Stamp has spare BTC to cover the loss, or do they have to buy some of those 18K btcs in the market to return back to their users.

If they make everyone whole and swallow the loss, I wonder how Stamp users will feel? Do you switch because they were hacked, or do you stay loyal because they made everyone whole even after they fucked up. I mean shit happens, its nice to know that they are willing to take a hit to preserve their users' funds (like Blockchain did when some of their wallets were hacked).
sr. member
Activity: 378
Merit: 254
...
If you're having security issues you might want to wait till they are all plugged before you tell the world about them in full.

You might do the same if you're stalling for time Undecided
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