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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23787. (Read 26713875 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
should of got your bitcoins out of the swamp while you still had time ... sounds like the music just stopped.
hero member
Activity: 686
Merit: 500
Ultranode

Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.

If no one can send bitcoins into the exchange, they won't have any to sell.

True.

The deposit page shows this:




New deposit addresses forthcoming. The crash may continue.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
all the naked short selling will stop and shorts will got locked out of their profits when the bitswamp bellies up ... it's good for bitcoin when speculators get taught about the counterparty risk on those "oh-so-easy" selling what ya don't own profits
full member
Activity: 180
Merit: 102
dApps Development Automation Platform

Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.

If no one can send bitcoins into the exchange, they won't have any to sell.

True.
full member
Activity: 167
Merit: 100
i hope this is not GOX v2.0 because if it is then bitcorn will go 2 digit way

Oh cmon, lets just admit it, y'all a bunch of namby-pamby worry-warts who wet their pants over everything.
hero member
Activity: 686
Merit: 500
Ultranode
New poll: how long until Stamp freezes trading?
legendary
Activity: 1442
Merit: 1188

Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.

If no one can send bitcoins into the exchange, they won't have any to sell.
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
Maybe someone stole BitStamps hot wallet coins and dumped them all as quickly as they could - causing the latest price collapse?



Or this is Bitstamp's way of halting the crash. Or their hot wallet really is just temporarily buggered

Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.
legendary
Activity: 1260
Merit: 1116
Maybe someone stole BitStamps hot wallet coins and dumped them all as quickly as they could - causing the latest price collapse?



Or this is Bitstamp's way of halting the crash. Or their hot wallet really is just temporarily buggered
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
Maybe someone stole BitStamps hot wallet coins and dumped them all as quickly as they could - causing the latest price collapse?

hero member
Activity: 910
Merit: 1003
Crash was predictable/easy to time and started at china as always.
Nothing to do with this shit.
I don't believe there are many chinese traders on china's exchanges.  Wink Cheesy Grin
Probably a lot less than there were in November 2013.  But maybe still enough to set the price.

One reason I think so is that the price still does not react much to Western news (like "Microsoft accepts bitcoin" or "California makes bitcoin legal tender") but reacts to Chinese news ("A 3 G€ hedge fund will trade in OKCoin's platform", 2014-11-12).  By the way, the  Chinese stock market had a freak 20% rise in december; it may explain bitcoin's crash.
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
The BitStamp news is very interesting....

It's odd that the price has not reacted at all. There is even some light buy volume on BitStamp.

Crazy days.
full member
Activity: 167
Merit: 100
Don't Panic. Its only magic internet money.
legendary
Activity: 1456
Merit: 1000
I think we need a new poll:

Which exchange should chart buddy display once bitstamp shuts down?


 Grin  Grin   Wink

cryptsy
legendary
Activity: 1512
Merit: 1000
@theshmadz
I think we need a new poll:

Which exchange should chart buddy display once bitstamp shuts down?


 Grin  Grin   Wink
legendary
Activity: 1512
Merit: 1000
@theshmadz
i hope this is not GOX v2.0 because if it is then bitcorn will go 2 digit way

LOL!

At least it's been an exciting weekend!
legendary
Activity: 1148
Merit: 1001
Crash was predictable/easy to time and started at china as always.
Nothing to do with this shit.

I think any problems at one of the major exchanges is enough to cause a sell off.  I would think even more now after what happened with Gox.  People are even less trusting now, or should be.
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