Will the bulls show up to save the day?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27846. (Read 26720447 times)
May 10, 2014, 07:25:55 AM
Looks like huobi wants to go down already
Will the bulls show up to save the day?
Will the bulls show up to save the day?
May 10, 2014, 07:00:54 AM
May 10, 2014, 06:43:59 AM
How MtGOX's depositors' claims would be computed under US liquidation laws:
https://bitcointalksearch.org/topic/m.6644323
If that holds for Japanese laws too, it has important implications for the MtGOX liquidation vs. ressurection issue. I can see that some clients would strongly want one way rather than the other.
https://bitcointalksearch.org/topic/m.6644323
If that holds for Japanese laws too, it has important implications for the MtGOX liquidation vs. ressurection issue. I can see that some clients would strongly want one way rather than the other.
Probably the best way to predict how the Japanese court would evaluate the value of the bitcoins would be to use some Japanese precedent, rather than American precedent.
Yet if the precedent is unclear, and the calculation of value would cause inequitable results, then stakeholders can propose other value calculating methodologies. Certainly a lot of stakeholders would like to receive their value from GOX in whatever asset that it was held. So if they had bitcoins in GOX, then they should get bitcoin back. If they held fiat in GOX, then they should get fiat back... and the ratio of how much they get back would depend upon the total solvency of GOX. A liquidation would likely get them less than 20% of their holdings; however, a rehabilitation would have the potential of recovering a higher percentage, over time (even though possibly the initial payoff amount may be low with a rehab).
Personally, to me, it does NOT make any sense to pay off stakeholders in any other currency (or asset) other than what they were holding or to attempt to value it in any way - b/c some stakeholders were choosing (on their own - maybe somewhat coerced on the circumstances) to trade btc and fiat.
It doesn't make much sense to me either, but this is the law in many countries.
May 10, 2014, 06:43:12 AM
Wasn't this deadline put in place for today? It seems the expectation of at least something happening was unreasonable...
Deadline on Saturday was really strange. Maybe in the coming days.
May 10, 2014, 06:40:45 AM
Wasn't this deadline put in place for today? It seems the expectation of at least something happening was unreasonable...
May 10, 2014, 06:00:54 AM
May 10, 2014, 05:59:56 AM
I have a good feeling for the coming weeks 
May 10, 2014, 05:21:41 AM
Is this the last time we are going to see 2830 for the next month or more?
Depends from where you're watching that line. Below or above ? =))))
I know who i'm teasing right now. I doubt that a guy who's shorting that much would even think of the scenario of never ever below 2830.
May 10, 2014, 05:17:30 AM
Is this the last time we are going to see 2830 for the next month or more?
Depends from where you're watching that line. Below or above ? =))))
May 10, 2014, 05:15:45 AM
Is this the last time we are going to see 2830 for the next month or more?
Depends from where you're watching that line. Below or above ? =))))
May 10, 2014, 05:01:29 AM
dump on huobi?
It's normal trading. You're noticing it more now because for some reason they refrained from doing it for 4 days. 
May 10, 2014, 05:01:18 AM
Bitcoin may indeed be the catalyst for the energetic and lasting political effort that I think we would all like to see.
rofl
May 10, 2014, 05:00:56 AM
May 10, 2014, 04:50:42 AM
dump on huobi?
May 10, 2014, 04:43:29 AM
How MtGOX's depositors' claims would be computed under US liquidation laws:
https://bitcointalksearch.org/topic/m.6644323
If that holds for Japanese laws too, it has important implications for the MtGOX liquidation vs. ressurection issue. I can see that some clients would strongly want one way rather than the other.
https://bitcointalksearch.org/topic/m.6644323
If that holds for Japanese laws too, it has important implications for the MtGOX liquidation vs. ressurection issue. I can see that some clients would strongly want one way rather than the other.
Probably the best way to predict how the Japanese court would evaluate the value of the bitcoins would be to use some Japanese precedent, rather than American precedent.
Yet if the precedent is unclear, and the calculation of value would cause inequitable results, then stakeholders can propose other value calculating methodologies. Certainly a lot of stakeholders would like to receive their value from GOX in whatever asset that it was held. So if they had bitcoins in GOX, then they should get bitcoin back. If they held fiat in GOX, then they should get fiat back... and the ratio of how much they get back would depend upon the total solvency of GOX. A liquidation would likely get them less than 20% of their holdings; however, a rehabilitation would have the potential of recovering a higher percentage, over time (even though possibly the initial payoff amount may be low with a rehab).
Personally, to me, it does NOT make any sense to pay off stakeholders in any other currency (or asset) other than what they were holding or to attempt to value it in any way - b/c some stakeholders were choosing (on their own - maybe somewhat coerced on the circumstances) to trade btc and fiat.
May 10, 2014, 04:33:27 AM
Is this the last time we are going to see 2830 for the next month or more?
May 10, 2014, 04:12:10 AM
Huobi and okcoin creeping along
BUT BTC-e having a pump - so who is behind the pump ??
it´s not China
http://www.coindesk.com/winklevoss-twins-plan-nasdaq-listing-for-bitcoin-etf-in-new-sec-filing/ BUT BTC-e having a pump - so who is behind the pump ??
it´s not China
May 10, 2014, 04:00:55 AM
May 10, 2014, 03:34:55 AM
Huobi and okcoin creeping along
BUT BTC-e having a pump - so who is behind the pump ??
it´s not China
BUT BTC-e having a pump - so who is behind the pump ??
it´s not China
Maybe they are everywhere
One day they 'll sell hamburger to americans... CHANG CHANG M F ! May 10, 2014, 03:16:26 AM
Huobi and okcoin creeping along
BUT BTC-e having a pump - so who is behind the pump ??
it´s not China
BUT BTC-e having a pump - so who is behind the pump ??
it´s not China
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