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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29354. (Read 26623448 times)

full member
Activity: 182
Merit: 100
Good morning guys, what is up ? did I miss anything, I dont want to go through the last 20 pages so can anyone summarize what is happening ?

I have been up for 20 hours and still have no idea what's going on. Sure, some news this morning regarding gox, mark etc but the dump have been going on for a good 20 hours now. Would like some clarity as well
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Good morning guys, what is up ? did I miss anything, I dont want to go through the last 20 pages so can anyone summarize what is happening ?
hero member
Activity: 672
Merit: 500
"Awesome news! Mark resigned from the foundation. Something we have been asking for for weeks! Great, now what? Uhm we do what we always do: panic sell on Stamp!"
hero member
Activity: 560
Merit: 500
Atari, lol, those were the times..

yeah baby: [atari console]
should make a trading client for it.

Yars Revenge
Pitfall Harry
Tutankham
I once played a single game of Pacman (flipping the high score a number of times) on Atari from the time I got up until my parents got home. I was afraid they'd get mad I had played the whole day so I shut it off as they pulled in. My eyes still hurt.
legendary
Activity: 896
Merit: 1000
Something interesting is happening at the moment I think. Gox remove their tweets, relocate their office and that link few pages back saying "light at the end of the tunnel for gox customers". Maybe the exchange really is being sold to some more competent people? We'll see, we'll see.
If this is the case.... in my personal estimation that would be the best outcome of this entire debacle (assuming it really is taken over by competent people). You don't get the bad press of a major exchange completely failing, you get Karples and his cronies out of the picture, and hopefully true market forces can restore order to this circus. If the exchange becomes is compentent, solvent and transparent, would be a great thing for everyone.

seems like wishfull thinking

but hey, they made a site for it and everything, http://mtgoxtakeover.com/ not sure if this is some sort of elaborate scam tho...


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legendary
Activity: 1120
Merit: 1012

The fact that you can't withdraw fiat or bitcoins from a Bitcoin exchange was the first serious indication that there is foul play going on. Wink

Weren't there other signs:

* The price 10% over other exchanges

* The replaying of transactions during the December/2013 crash

The exchange rate being 10% over other exchanges was due to the fact that you couldn't withdraw fiat.

But yes, there were plenty of other signs. There were signs back in 2011.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Something interesting is happening at the moment I think. Gox remove their tweets, relocate their office and that link few pages back saying "light at the end of the tunnel for gox customers". Maybe the exchange really is being sold to some more competent people? We'll see, we'll see.
If this is the case.... in my personal estimation that would be the best outcome of this entire debacle (assuming it really is taken over by competent people). You don't get the bad press of a major exchange completely failing, you get Karples and his cronies out of the picture, and hopefully true market forces can restore order to this circus. If the exchange becomes is compentent, solvent and transparent, would be a great thing for everyone.

seems like wishfull thinking

but hey, they made a site for it and everything, http://mtgoxtakeover.com/ not sure if this is some sort of elaborate scam tho...
donator
Activity: 2772
Merit: 1019
Atari, lol, those were the times..

yeah baby:



should make a trading client for it.
legendary
Activity: 896
Merit: 1000
Stamp gonna blow down...

Oh gox, I have no idea what to do with my money in there....

Either some really good news or some really bad news is on the horizon...
donator
Activity: 2772
Merit: 1019
Gox twitter account just deleted all of their tweets  Wink

https://twitter.com/MtGox

wow, hiding stuff for lawsuits?

is that the gentle sound of paper shredders I hear thrumming in the distance?

I see smoke. There might be fire!
hero member
Activity: 910
Merit: 1003

The fact that you can't withdraw fiat or bitcoins from a Bitcoin exchange was the first serious indication that there is foul play going on. Wink

Weren't there other signs:

* The price 10% over other exchanges

* The replaying of transactions during the December/2013 crash

sr. member
Activity: 476
Merit: 250
Considering we are deflating from a bubble, I doubt Gox going away is going to bring up the price immediately to $1000+ like most of you are thinking.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Atari, lol, those were the times..
donator
Activity: 2772
Merit: 1019
To me it seems the same, as if people would have told that "Spacewar!" will be the computer game that will be played by everyone for several decades.

"Spacewar?"  ....perhaps Space Invaders or Asteroids.  Personally, I was all over Phoenix.

space invaders. still playing it on atari simulator.
hero member
Activity: 910
Merit: 1003
So Charlie Shrem is still the Gandalf of the bitcoin world?  Sad
sr. member
Activity: 294
Merit: 250
Something interesting is happening at the moment I think. Gox remove their tweets, relocate their office and that link few pages back saying "light at the end of the tunnel for gox customers". Maybe the exchange really is being sold to some more competent people? We'll see, we'll see.
If this is the case.... in my personal estimation that would be the best outcome of this entire debacle (assuming it really is taken over by competent people). You don't get the bad press of a major exchange completely failing, you get Karples and his cronies out of the picture, and hopefully true market forces can restore order to this circus. If the exchange becomes is compentent, solvent and transparent, would be a great thing for everyone.
hero member
Activity: 910
Merit: 1003
From http://www.reddit.com/r/Bitcoin/comments/1yre42/mt_gox_ceo_resigns_from_bitcoin_foundation/cfn38sq

Quote
@Bitcoin_Charlie (= Charlie Shrem) 93 points 2 hours ago
This is actually good news. I applaud Mark and the MtGox team for making the right decision as I had to do the same. Speaking very lengthy to Mark and the team over the weekend, I see good news on the horizon for people who have funds stuck in MtGox (I also have funds in MtGox stuck) - Charlie

@bitnub 1 point 1 hour ago
When you say funds... do you mean USD, BTC or both?
permalinksaveparent

@Bitcoin_Charlie 4 points 1 hour ago
A small amount of BTC.

legendary
Activity: 2772
Merit: 1028
Duelbits.com
Something interesting is happening at the moment I think. Gox remove their tweets, relocate their office and that link few pages back saying "light at the end of the tunnel for gox customers". Maybe the exchange really is being sold to some more competent people? We'll see, we'll see.

Indeed, lot of stuff happened in few hours. Resignation from Bitcoin FOundation, tweets deleted, something's going on.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Gox is so bad that for some reason they think I'm Romanian or something like that so "cancel" order link is now named "annuluy"  Grin


Same on my account. And I think it's in Polish. Perhaps related to their polish bank account ?

Might be.
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