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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29204. (Read 26608435 times)

hero member
Activity: 910
Merit: 1003

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.
hero member
Activity: 798
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


Its a start I guess
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
hero member
Activity: 750
Merit: 601
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 Smiley
I know you came back briefly on the capitulation(?) but now I have time.
hero member
Activity: 812
Merit: 1000
apparently the last thing heard from Mark @irc was him saying "lol" about 6 hours ago
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
legendary
Activity: 2338
Merit: 1035
http://cyprus-mail.com/2014/02/26/central-bank-says-bitcoin-is-not-illegal/

I just love how central banks can't regulate Bitcoin without declaring it to be currency and thus giving it legitimacy in the eyes of the many who have been trained to trust in their authority  Grin splendid!

bitcoin isnt here to fit in, its here to get right in

it is a takeover, world economy needs a makeover
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 2604
Merit: 1748
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.

He's back  Grin

He came back when the price struck 400...

As he predicted, to be fair.    And as I am sure he will not be shy about reminding remind us Wink

Welcome back Risto.
sr. member
Activity: 308
Merit: 250
The "word I would not like to use anymore cause it's been used way too much the last few days, weeks" situation has just passed. It might not have passed all the way, and we might hear some more shit about it. But going up this much in a 24hr time frame is pretty impressive.

This shows what's waiting for us in the oncoming months! Smiley
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
http://cyprus-mail.com/2014/02/26/central-bank-says-bitcoin-is-not-illegal/

I just love how central banks can't regulate Bitcoin without declaring it to be currency and thus giving it legitimacy in the eyes of the many who have been trained to trust in their authority  Grin splendid!
hero member
Activity: 798
Merit: 1000
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.

He's back  Grin
donator
Activity: 1722
Merit: 1036
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.
hero member
Activity: 798
Merit: 1000
No fenix refferal codes then ? Someone must be using them?!
legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
Sentiment reversed. It's a waiting game now. Hold on tight.

Too soon to say. Still a a few bumps ahead.
hero member
Activity: 540
Merit: 500
COINDER
Nice buy on stamp. This train aint stopping for a day or so.

We just hit the breaks to get some more on board.. Cheesy …. !!!
hero member
Activity: 798
Merit: 1000
Nice buy on stamp. This train aint stopping for a day or so.
legendary
Activity: 1652
Merit: 1029
sr. member
Activity: 353
Merit: 250
"How early adopters feel right now after the price went from $400 to $600 in a matter of hours"



I sold some at $525 - thinking the price would go back into the upper $400s before going up....    mostly based on the lack of an announcement from GOX... and all those potential disappeared BTC... that are likely floating in the market... and also the other potential crap involved in the even that GOX customers are NOT made whole... financially......

 I have been considering whether to cut my losses and to buy back in, or just to wait it out, hopefully, for the BTC prices to go below $520, again... ... I hate taking a loss on any of my trading...... but I do NOT want to get left in the dust, either, with a portion of my BTC portfolio... haven been converted to $$$ at $525...


Why not hold. Look back at it in 2 months time. It's always sell sell sell.

Indeed.. I guess most here agree, that in two month this will look to be a very good buying spot. Maybe not the best, but very good nonetheless.
hero member
Activity: 798
Merit: 1000
Anybody got a refferal code for fenix?
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