Weekend dip?
probably. Bear trap?
its not a bull trap!Retracement?
not till at least 600Rally over?
lol! 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27628. (Read 26712929 times)
May 23, 2014, 09:09:56 PM
May 23, 2014, 09:09:17 PM
http://www.reddit.com/r/Ripple/comments/26ccz3/ripple_board_member_resigns/
Quote
Hey ya'll. Jesse from Kraken here.
Today I have submitted my resignation from the Board of Ripple Labs. While I care about the people who work there and I wish the company the best, I cannot personally continue to support the business.
I believe that the technology and the protocol hold great promise, and have since the beginning, which is why I was the company’s first investor. Since Jed's departure, the management of the company has taken a different direction. Sadly, the vision Jed and I had for the project in the early days has been lost. I’m no longer confident in the management nor the company’s ability to recover from the founders’ perplexing allocation to themselves of 20% of the XRP, which I had hoped until recently would be returned. Prior to Jed's departure from Ripple, I had asked the founders to return their XRP to the company. Jed agreed but Chris declined—leaving a stalemate. This afternoon, I revisited the allocation discussion with the pair and again, where Jed was open, Chris was hostile.
As an investor, of course, I hope that Ripple Labs will overcome its hurdles and prove my lack of confidence misplaced. Unfortunately, unlike the founders, I don’t have swathes of XRP to dump if I don't think it's working out.
Today I have submitted my resignation from the Board of Ripple Labs. While I care about the people who work there and I wish the company the best, I cannot personally continue to support the business.
I believe that the technology and the protocol hold great promise, and have since the beginning, which is why I was the company’s first investor. Since Jed's departure, the management of the company has taken a different direction. Sadly, the vision Jed and I had for the project in the early days has been lost. I’m no longer confident in the management nor the company’s ability to recover from the founders’ perplexing allocation to themselves of 20% of the XRP, which I had hoped until recently would be returned. Prior to Jed's departure from Ripple, I had asked the founders to return their XRP to the company. Jed agreed but Chris declined—leaving a stalemate. This afternoon, I revisited the allocation discussion with the pair and again, where Jed was open, Chris was hostile.
As an investor, of course, I hope that Ripple Labs will overcome its hurdles and prove my lack of confidence misplaced. Unfortunately, unlike the founders, I don’t have swathes of XRP to dump if I don't think it's working out.
May 23, 2014, 09:02:50 PM
Weekend dip?
Bear trap?
Retracement?
Rally over?
Bear trap?
Retracement?
Rally over?
May 23, 2014, 09:00:45 PM
May 23, 2014, 08:51:38 PM
Didn't they pass a solvency audit prior to the fall of Gox?
Yes and no. The audit was released in I think March or Feb but the actual audit was done in November. Besides you still have to trust the auditor. (Again Im not saying there are any solvency issues)
Wasn't it Andreas? Apologies, on phone with low battery so can't search to find the details.
What does who it was change to the fact you have to trust them?
I trust Andreas.
He was very open about the fact that his "audit" didn't really prove anything. Best thing about Andreas is he would never ask for my trust, and if he ever did, then I would probably mistrust him/
That's why I think the best thing about blockchain technology is the elimination of the need for trust.
May 23, 2014, 08:45:57 PM
According to another post, he plans to use the coins to create a memorial to... Tim McVeigh?
With friends like that, Bitcoin doesn't need me, does it?
With friends like that, Bitcoin doesn't need me, does it?
May 23, 2014, 08:34:22 PM
Not looking good :/
May 23, 2014, 08:08:06 PM
welcome to the very start of the never ending bull run.
yup!
May 23, 2014, 08:07:28 PM
i'm not saying it will happen in the 600's i'm saying its simply can't happen before then
support is too damn strong
and bears can't possibly be that retarded.
also look at this guy.
doesn't he look like he'll be buying in with 3 million at 18K/coin?
see what i'm saying though -- i could just say "resistance is too damn strong" and "bulls can't possibly be that retarded" and my argument would be just as strong as yours.... minus google glasses man
visual aids might help
May 23, 2014, 08:05:42 PM
Market Cap:$6,666,935,226.75 (bitstamp)
the mark of the beast
(666)
the mark of the beast
(666)
May 23, 2014, 08:00:45 PM
May 23, 2014, 07:56:58 PM
i'm not saying it will happen in the 600's i'm saying its simply can't happen before then
support is too damn strong
and bears can't possibly be that retarded.
also look at this guy.
doesn't he look like he'll be buying in with 3 million at 18K/coin?
see what i'm saying though -- i could just say "resistance is too damn strong" and "bulls can't possibly be that retarded" and my argument would be just as strong as yours.... minus google glasses man
May 23, 2014, 07:51:24 PM
also look at this guy.
doesn't he look like he'll be buying in with 3 million at 18K/coin?
That guy looks like he could shit on his plate while lunching when he wouldn´t wear his ugly glasses.
May 23, 2014, 07:48:24 PM
May 23, 2014, 07:40:11 PM
Why is bitcoin going backwards?? is just preparing for the big jump or it will be again at 450? 
just preparing.
big jump.
450, never again.
only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter....
fine buy later when its perfectly clear that bitcoin is about to bubble
i'm just saying that we could get a 61.8% or 78.6% retrace of the uptrend to 445-470 area. and if that happened we could still be in a bull trend. (if it stops there....)
planning on an uptrend never having a correction has never worked out in my book
still its not gana happen.
poeple waiting for a "fib retrace" really need to wake the fuck up, thats not going to happen till at least 600's
400's are gone.
all sold out.
finished.
welcome to the very start of the never ending bull run.
what makes you so sure? why would it happen in the 600s? show me a chart or something.
you just sounds like you want it to happen, but you got no reasons....i'm not saying it will happen in the 600's i'm saying its simply can't happen before then
support is too damn strong
and bears can't possibly be that retarded.
also look at this guy.
doesn't he look like he'll be buying in with 3 million at 18K/coin?
May 23, 2014, 07:38:47 PM
something feels odd about this picture, not sure what it is.
Nobody in the shot knows wtf he's talking about. "So it dispenses Pearls? Speak up young man!"
May 23, 2014, 07:32:07 PM
Why is bitcoin going backwards?? is just preparing for the big jump or it will be again at 450?
just preparing.
big jump.
450, never again.
only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter....
fine buy later when its perfectly clear that bitcoin is about to bubble
i'm just saying that we could get a 61.8% or 78.6% retrace of the uptrend to 445-470 area. and if that happened we could still be in a bull trend. (if it stops there....)
planning on an uptrend never having a correction has never worked out in my book
still its not gana happen.
poeple waiting for a "fib retrace" really need to wake the fuck up, thats not going to happen till at least 600's
400's are gone.
all sold out.
finished.
welcome to the very start of the never ending bull run.
what makes you so sure? why would it happen in the 600s? show me a chart or something.
you just sounds like you want it to happen, but you got no reasons.... May 23, 2014, 07:31:58 PM
No real broker will do this.
Broker? That's odd language. Are you old?
May 23, 2014, 07:31:09 PM
3) What could in principle be an actual problem of gox-ian proportions if they would require proof that users can't reasonably provide. So far, after having read mentions of the KYC procedure around 40 times (my ballpark guess) in the past months, I have /today/ heard the first time of unnecessary proof being required (in the reddit thread). That's 1 out of 40 cases (from my own perspective) and it doesn't exactly make me jump to the conclusion that Bitstamp asks for this regularly now.
Gox accomplished exactly what you're saying in this point also by repeatedly rejecting totally valid documents for verification until harassing customer service back and forth, then later on switching their verification procedure to involve actually mailing physical documents to their Tokyo offices.
May 23, 2014, 07:27:46 PM
Why is bitcoin going backwards?? is just preparing for the big jump or it will be again at 450?
just preparing.
big jump.
450, never again.
only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter....
fine buy later when its perfectly clear that bitcoin is about to bubble
i'm just saying that we could get a 61.8% or 78.6% retrace of the uptrend to 445-470 area. and if that happened we could still be in a bull trend. (if it stops there....)
planning on an uptrend never having a correction has never worked out in my book
still its not gana happen.
poeple waiting for a "fib retrace" really need to wake the fuck up, thats not going to happen till at least 600's
400's are gone.
all sold out.
finished.
welcome to the very start of the never ending bull run.
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