Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28046.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Found this on the Chinese language thread:

Quote

Beijing on April 25 morning news, Bitcoin Exchange Mt.Gox today on the official website announced that the Tokyo District Court has ordered the April 24, Mt.Gox formal insolvency proceedings and appointed a lawyer small 林信明 (Nobuaki Kobayashi) for the bankruptcy trustee.

Small 林信明 lawyer said he would Mt.Gox founder Mark Karpeles Bitcoin theft of responsibility in the investigation. In addition, the creditors' meeting will be held on July 23 this year.

Could this be the cause of the dump? Does not seem particularly earth-shaking...

ShroomsKit

hero member

Activity: 672

Merit: 500

China is dumping like it's the end of the world. China FUD incoming i guess.

jonoiv

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Activity: 966

Merit: 526

🐺Dogs for President🐺

it's the gox news (delayed hitting China)

ShroomsKit

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Activity: 672

Merit: 500

Quote from: y3804 on April 24, 2014, 10:22:09 PM

Gox dump

Nonsense.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: wachtwoord on April 24, 2014, 10:23:28 PM

Quote from: seleme on April 24, 2014, 09:58:14 PM

In the meantime, classic accumulation happening at Second Market. They have some 105 000 BTC already.

This thing is going to blow up our minds when it explodes. And it might be soon, this looks to me like 140s last summer.

While I agree SecondMarket it one of the better indicators we have, you do recall it took a while to take off last summer. Well, it can take much much longer still.

It's OK, I don't mind if it would take months to be honest. As long as it happens Grin

ShroomsKit

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Activity: 672

Merit: 500

Seriously, who is crazy enough to buy coins again next round? It will end in a big dump. Every.single.time

shmadz

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Activity: 1512

Merit: 1000

@theshmadz

Quote from: y3804 on April 24, 2014, 10:22:09 PM

Gox dump

Yeah, I was kinda surprised not seeing more discussion about that ruling that mtgox would be liquidated.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: seleme on April 24, 2014, 09:58:14 PM

In the meantime, classic accumulation happening at Second Market. They have some 105 000 BTC already.

This thing is going to blow up our minds when it explodes. And it might be soon, this looks to me like 140s last summer.

While I agree SecondMarket it one of the better indicators we have, you do recall it took a while to take off last summer. Well, it can take much much longer still.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

May all your bids be eaten Grin

Cannonballlllll!!!!!!!!!

y3804

sr. member

Activity: 406

Merit: 250

Gox dump

Raystonn

sr. member

Activity: 364

Merit: 250

This is a good long entry at 490.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

whenever I get bullish same shit happens last few weeks Grin

trc

full member

Activity: 164

Merit: 100

Quote from: seleme on April 24, 2014, 10:13:49 PM

This smells like some rumor/news.

Yes. So much so, like this: All bitcoin holders will be executed within 24 hours.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

This smells like some rumor/news.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: ShroomsKit on April 24, 2014, 10:11:35 PM

Well that was today's pump and dump. See you in a day or 2, 3.
I wonder how much longer this is gonna take.

Its not over yet!!! $490 still holding..

EDIT: Ok its over. Down we go.

ShroomsKit

hero member

Activity: 672

Merit: 500

Well that was today's pump and dump. See you in a day or 2, 3.
I wonder how much longer this is gonna take.

cee-euros

member

Activity: 88

Merit: 10

classic bitcoin

Bitcoin_is_here_to_stay

full member

Activity: 336

Merit: 100

Does not look rally part II to me Sad

- more like dump part II ...

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

selling started on btc-e that time.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: shmadz on April 24, 2014, 10:08:29 PM

Quote from: seleme on April 24, 2014, 09:58:14 PM

In the meantime, classic accumulation happening at Second Market. They have some 105 000 BTC already.

This thing is going to blow up our minds when it explodes. And it might be soon, this looks to me like 140s last summer.

You mean like before the 266 spike right?

I'm getting the same feeling.

It's the blockchain heartbeat, bublub bublub...

first spike june this year to 5000, fall back to 3000 until october, and then a moon ride to 20,000 starting in october, and possibly escape velocity and no looking back.

Yeah, it looks like that.

The only issue is that there is still a fear of what will happen with China and Gox coins.

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