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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29299. (Read 26706990 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Bringing 300 USD into BTC. When should I enter? Huh
member
Activity: 150
Merit: 10
http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

The owner of the PDF is listed as Ryan Selkis, so I googled him. Turns out he runs a company that aims to "reduce volatility for consumers while helping hedge funds invest in bitcoin". Way to go with the volatility reduction!

[/quote]

Apparently that crazy document was real.  Restructuring coming...

http://www.domaininvesting.com/andy-booth-sells-gox-com/
hero member
Activity: 784
Merit: 1000
The Bitcoin Foundation should audit, certify, rank, and give a seal of approval for each exchange. Keeping people like Mark and Gox from operating, with users under the false assumption that they will actually get btc or fiat. The exchange itself should pay for this service, and in return be listed as a trusted exchange. We should then point first time buyers to the Foundation page with up to date exchange info.
legendary
Activity: 1078
Merit: 1441
hero member
Activity: 560
Merit: 500
You should remember that this round of selling coincided with "Ryan 2bit" releasing his insider "info", after it hit here the price tanked.  Then the statement came round and it tanked again.
But Fonzie is long so its all good.

What if...
           ....if....
                     ....Fonzie *is* Selkis?!?
legendary
Activity: 2186
Merit: 1213
So is everybody waiting now that somebody else move first? Or why is there nothing happening on stamp anymore?!
hero member
Activity: 700
Merit: 500
I was actually buying BTC on BTC-E when I was refreshing this thread and saw that Mtgox was frozen. I had the price at a minimized window. lol Quickly market order sold all my BTC in BTC-E.. Hope that was the right decision.  Tongue
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i'm gana feel alot better buying more when i here that the Gox Fiat is safe.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
Chances of a silkroad takedown effect?
Gox was doing about as much damage to BTCs image as SR.

Difference is that SR take down happened during an uptrend, the Gox debacle started during a downtrend.
hero member
Activity: 686
Merit: 500
Ultranode
Who will Karpelas sue, and what will be the effect?

Sue him for what he doesn't have?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Makes no sense that the usd markets isn't moving. Basically nothing keeping it over 480 but no one is selling either. This if something lately should bring it down?

Whales usually don't sell into no support cause they'd get very poor value.  Instead, they wait for a big wall.  That's why I always laugh when people are like "oh hey, we have good support here... oh crap, someone just blew through it."

And regular folk moving a coin or two don't matter since they can't make the market move anyway.

here come the walls. 300 btc at 490.

I have nice amount of fiat still sitting on exchanges. Not sure what to make of this now, tbh. BTC-e fucked me a bit with not going below 500.
full member
Activity: 148
Merit: 100
Makes no sense that the usd markets isn't moving. Basically nothing keeping it over 480 but no one is selling either. This if something lately should bring it down?

Whales usually don't sell into no support cause they'd get very poor value.  Instead, they wait for a big wall.  That's why I always laugh when people are like "oh hey, we have good support here... oh crap, someone just blew through it."

And regular folk moving a coin or two don't matter since they can't make the market move anyway.

Chances of a silkroad takedown effect?
Gox was doing about as much damage to BTCs image as SR.
legendary
Activity: 1638
Merit: 1001
Who will Karpelas sue, and what will be the effect?
member
Activity: 107
Merit: 10
Makes no sense that the usd markets isn't moving. Basically nothing keeping it over 480 but no one is selling either. This if something lately should bring it down?

Whales usually don't sell into no support cause they'd get very poor value.  Instead, they wait for a big wall.  That's why I always laugh when people are like "oh hey, we have good support here... oh crap, someone just blew through it."

And regular folk moving a coin or two don't matter since they can't make the market move anyway.
sr. member
Activity: 294
Merit: 250
Makes no sense that the usd markets isn't moving. Basically nothing keeping it over 480 but no one is selling either. This if something lately should bring it down?
Hopefully its been priced in for the past 2 weeks.... no more big sells cause everyone already sold on the speculation. Also... they are waiting for the other exchanges to react... the spread is pretty decent right now.
hero member
Activity: 910
Merit: 1003
There are always going to be a core "club" of operators as well as others considered outsiders in any field of enterprise (including academia!!)

How true that is!

And I have no doubts which camp you are in Jorge Smiley

Depends on the field... I used to be sort of an "insider" in one or two, outsider in all the others...  Now I have lost my foot even in those.  I guess that being "outsider" in all fields makes me a "hermit".  Smiley

But, I do wonder if perhaps you haven't got a research grant (or at the very least compiling data for a paper or two) with your academic interest in crypto.

I had and have several research grants (in academia you are dead if you don't have one).  But not on cryptography.  I do not find the subject very exciting.  Partly because I am a "visual" kind of person and cannot "see" things there.  (I went into the Voynich Manuscript because I was convinced that it was not a  crypto problem, more likely a linguistic one.)
full member
Activity: 148
Merit: 100
Anyone else starting to suspect that the recent large sells on Stamp were by someone who knew about the statement in advance?

the leaked document suggests GOX was or was planning to arbitrage their own exchange.
member
Activity: 105
Merit: 11
1. select sum(btc) from customer.
2. Check if BTC is available.
hero member
Activity: 560
Merit: 500
Wait ... all is not lost.
I heard thru the grapevine that Mark Karpeles is going to try rebooting his laptop ... the original one not the loaner from blockchain.
Things might be okay after that.

and he's finally settling JPY withdrawals! he'll be back in business in no time. Just a wrinkle, that's all.
http://www.reddit.com/r/Bitcoin/comments/1yuozv/mtgox_just_proceeded_a_bunch_of_jpy_withdrawal/
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