Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29203.

raid_n

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Merit: 250

Quote from: Miz4r on February 26, 2014, 07:01:30 AM

Quote from: F-bernanke on February 26, 2014, 06:55:16 AM

Where did all that dirty FIAT come from? we were around 15million the whole time, now 20+?

Former MtGox users who want to get back into the market? Not sure whether deposits clear that fast though, there might be a LOT more coming.

I think that a lot of new users were waiting for the bubble to pop and if this trend reversal holds long enough to restore some confidence we could see a nice upwards trend

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Miz4r

legendary

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Quote from: F-bernanke on February 26, 2014, 06:55:16 AM

Where did all that dirty FIAT come from? we were around 15million the whole time, now 20+?

Former MtGox users who want to get back into the market? Not sure whether deposits clear that fast though, there might be a LOT more coming.

F-bernanke

sr. member

Activity: 308

Merit: 250

Where did all that dirty FIAT come from? we were around 15million the whole time, now 20+?

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: Miz4r on February 26, 2014, 06:48:34 AM

Over 21M USD on the bid side on Stamp right now, is that a new record? I feel like we could explode at any moment.

That could be true you know...

http://coinsight.org/bitstamp

Miz4r

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Over 21M USD on the bid side on Stamp right now, is that a new record? I feel like we could explode at any moment.

600watt

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Quote from: magicmexican on February 26, 2014, 06:22:17 AM

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

well, an easy way to keep customers from asking tons of questions would be to give some answers. for example, an easy start would be answering: wtf happened & where are the funds ?

modrobert

sr. member

Activity: 386

Merit: 334

-"When the going gets weird, the weird turn pro."

Quote from: thanksmark on February 26, 2014, 03:41:02 AM

Quote from: modrobert on February 26, 2014, 02:29:16 AM

Quote

le gouv. US veut pas qu'on disclose hein

So all professional GOX bashers from USA in here, STFU until you have a revolution and get rid of your own corrupt gov.

Still think GOX downfall is good for Bitcoin?

Think again. If USA can keep GOX under siege, close down the trade engine, and issue gag orders for people involved; it can happen to any exchange still operating out there.

Despite all the pressure from USA organized crime cell that you call "government", Gox's biggest foe was its management. Mark has to TALK, he chose to f**k with his customers instead - as he always did. It would take just a little bit of PR to resolve things in much better way than that blue ball catasrophe of a CEO did. He deserves anything that comes to him.

Good riddance, I say. Hope we all learn the lessons and also that there won't be "the biggest exchange" again, taking market to the bottom with every crisis.

Read again, as MagicalTux mentioned in French, it was a "gag order", that means no talking to customers.

EDIT (tinfoil edition):

To clarify, if you want a smear campaign to be successful it must be bad enough to make people accept change without questioning, in other words regulation. I think this operation was well executed, lots of people playing into their hands by bashing MtGox.

tarmi

legendary

Activity: 1232

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yes, but FBI and japan's authorities doing investigations on mtgox - > you can kiss your funds goodbye.

also, only god knows what they will find there.

I agree with rpietila - this aint over yet.

magicmexican

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Activity: 812

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Quote from: dreamspark on February 26, 2014, 06:24:27 AM

Quote from: magicmexican on February 26, 2014, 06:22:17 AM

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

Its a start I guess

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: bitcoinvest on February 26, 2014, 06:30:23 AM

don't forget bad advertisment is still advertisment....

Like Aristotelis Onnasis used to say:

"Say and write whatever you want for me BUT write my name correctly....

"

+1

bitcoinvest

legendary

Activity: 1124

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13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

don't forget bad advertisment is still advertisment....

Like Aristotelis Onnasis used to say:

"Say and write whatever you want for me BUT write my name correctly....

"

FierceRadish

member

Activity: 84

Merit: 10

Well, thank the stars he's still in Japan.

Wink

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

Quote from: dreamspark on February 26, 2014, 06:24:27 AM

Quote from: magicmexican on February 26, 2014, 06:22:17 AM

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

Its a start I guess

Yes that's indeed a turning point on PR

Let's see!!

JorgeStolfi

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Activity: 910

Merit: 1003

Quote from: kkaspar on February 26, 2014, 03:49:25 AM

You seem to be forgetting that there were also a lot of fiat afloat at mtgox that was meant for BTC. BTC will lose that fiat, and probably any new fiat that would of came from those who owned it.

It's fun to see how everyone are trying to downplay the gox situation and are trying to make this look good.

Exactly.

Between Feb/6 and Feb/11 the price had a permanent drop by some 50--60, almost certainly due to news of MtGOX's troubles. (Feb/10 was the first disappointing press release IIRC.)

I believe that the final demise of MtGOX did not have an immediate effect on price because speculators had been following the story and were expecting that event, so their reaction happened weeks ago (and it was negative).

However, the headlines in mainstream media are going to scare away potential investors who might otherwise have joined the market. As for the long-term investors (who own bitcoins but do not read the forums and may check the charts only now and then), some of them will decide to sell their coins and invest into something else.

dreamspark

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Activity: 798

Merit: 1000

Quote from: magicmexican on February 26, 2014, 06:22:17 AM

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

Its a start I guess

magicmexican

hero member

Activity: 812

Merit: 1000

Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Sincerely,
Mark Karpeles

fluidjax

hero member

Activity: 750

Merit: 601

Quote from: rpietila on February 26, 2014, 05:54:13 AM

Quote from: dreamspark on February 26, 2014, 05:23:35 AM

Nice buy on stamp. This train aint stopping for a day or so.

Generally it goes in so called "waves", which means that it will next hit 500. This enables the experienced traders to make money on the markets at the expense of the inexperienced.

Woot! RP's back , welcome

I know you came back briefly on the capitulation(?) but now I have time.

magicmexican

hero member

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Merit: 1000

apparently the last thing heard from Mark @irc was him saying "lol" about 6 hours ago

MANofthePEOPLE

full member

Activity: 182

Merit: 100

Someone playing around with a 500 wall that keeps getting smaller at stamp? Adding and removing it over and over

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