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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29241. (Read 26609776 times)

hero member
Activity: 812
Merit: 1000
last hours increased the gox's chances to repay by 5%~ according to the market
full member
Activity: 140
Merit: 100
banned but not broken

I think that it could actually be a nice idea that rpietila is going for. Sadly I think that his personality will get in the way of that idea.
hero member
Activity: 531
Merit: 501
The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail.

Jeez, I can't believe people think this will actually kill Bitcoin. Have they not learned anything from the last 3 years.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Domain investor Andy Booth has confirmed the sale of www.gox.com to Mark Karpeles.

http://www.coindesk.com/mt-gox-loses-340-million-bitcoin-rumoured-insolvent/

PS. I haven't seen this posted anywhere though I was sleeping at the time so you might have read it already.

It's funny how Karpeles sees the bitcoin community as a mindless flock of emus. You can take their money and use it for your personal risky investments, and then, all you have to do is create a new exchange and say sorry and promise to pay everything back when you can. And.. everything goes smoothly, because emus tend to hide their heads in the sand and hope that no action needs to be taken and the free market will eventually sort everything out.
I think that bitcoin is heaven for those who lack ethics or morals.

He is selling out, that's how I see this. Buying Gox.com domain is adding a bit of rebranding for the buyer.
member
Activity: 70
Merit: 10
how can we be goxed any further? market assumes the worst now, anything they say (e.g. being acquired) now would be seen as a positive.

"We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties."

Okay, there has been one worst case left: Bitcoin itself is broken. That would be a turning point for the business.
sr. member
Activity: 400
Merit: 250
the sun is shining, but the ice is still slippery
The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail.
Sad but true.
"Haters gonna hate"
full member
Activity: 140
Merit: 100
banned but not broken
Domain investor Andy Booth has confirmed the sale of www.gox.com to Mark Karpeles.

http://www.coindesk.com/mt-gox-loses-340-million-bitcoin-rumoured-insolvent/

PS. I haven't seen this posted anywhere though I was sleeping at the time so you might have read it already.

It's funny how Karpeles sees the bitcoin community as a mindless flock of emus. You can take their money and use it for your personal risky investments, and then, all you have to do is create a new exchange and say sorry and promise to pay everything back when you can. And.. everything goes smoothly, because emus tend to hide their heads in the sand and hope that no action needs to be taken and the free market will eventually sort everything out.
I think that bitcoin is heaven for those who lack ethics or morals.
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally.




Large rally while we're on a stong downtrend? How?

trend reversal due to no more worries about being goxxed. But alas that doesn't seem likely

how can we be goxed any further? market assumes the worst now, anything they say (e.g. being acquired) now would be seen as a positive.
hero member
Activity: 574
Merit: 500
This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally.




Large rally while we're on a stong downtrend? How?

trend reversal due to no more worries about being goxxed. But alas that doesn't seem likely
legendary
Activity: 1064
Merit: 1001
This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally.




Large rally while we're on a stong downtrend? How?
hero member
Activity: 1011
Merit: 721
Decentralize everything
The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail.

Urgh, featuring such idiocy as this, in response to the question "why is bitcoin worth less than real estate, gold or bullets":

Quote
Because it is easier to flood the market with bitcoin. AND it is easier to counterfeit. You're welcome.

 Roll Eyes
hero member
Activity: 574
Merit: 500
Hearing rumors that gox has been bought out, can't confirm.

Well the rummors were in their html:



acq = acquisition

who would want to buy that crap.. i dont know

I hate to fuel rumors, but this is the speculation forum.  

Pure speculation, but in a logical world, the ONLY buyer would be someone whose reputation could dramatically overwhelm that of Gox.  this organization would suddenly benefit from hundreds of thousands (or whatever) of verified bitcoin accounts.  

An existing bitcoin player would seem undercapitalized.  It would have to be a financial services company.  But it all depends on how much Gox is under-capitalized.  Repairing a couple million dollar shortfall would be nothing to a large company -- in fact it could result in a massive profit if they've been buying Gox coins at the discount.

This would explain the activity on Gox and bitcoinbuilder -- it might be illegal and unethical for Gox to buy their own coins for 100 bucks, but I think that it would not be for agent X who (for example) buys 90% of the Gox coins trading at 5-20% of other exchanges, then turns around and buys the company for keep-me-out-of-jail prices.





I keep bringing this up.. YOU CAN'T BUY COINS THAT DON'T EXIST, If the balance in an account is but a mere placeholder no one has really bought any coins.. just the statement that says the would've if they existed Cheesy

I however subscribe to a world where they didn't lose nearly 10% of the markets coins by ignorant and negligent. However not going to be surprised if we get goxxed.
sr. member
Activity: 504
Merit: 254
This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally.


legendary
Activity: 2772
Merit: 1028
Duelbits.com
Domain investor Andy Booth has confirmed the sale of www.gox.com to Mark Karpeles.

http://www.coindesk.com/mt-gox-loses-340-million-bitcoin-rumoured-insolvent/

PS. I haven't seen this posted anywhere though I was sleeping at the time so you might have read it already.
legendary
Activity: 2184
Merit: 1213
If I would´ve bought at low 400´s, I would sell now. So I think we will see sub 500 again. At least I hope  Cheesy
hero member
Activity: 669
Merit: 500
The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail.
member
Activity: 117
Merit: 10
bitarchitect

Picture of that manor in a less modified state:
http://upload.wikimedia.org/wikipedia/commons/0/05/Malla_m%C3%B5isa_peahoone_2012.jpg
It's funny that rpietila actually deleted this link from his thread.
If he is able enough to restore that manor, then my respects. Always good to see historical manors restored in my country.
I don't consider bad photoshopping as proper restoration though.

I don't even consider that photoshopping  Roll Eyes
member
Activity: 60
Merit: 10
I know very little about TA, but I try to follow the threads here and learn what I can.  So, quick question: am I seeing a cup and handle on stamp (via bitcoin wisdom)?

Looks like a similar pattern although a cup and handle will usually have a more rounded bottom to the cup.

I don't trust the breakout above the "handle" yet though.

Thanks, appreciate the feedback.
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