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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29474. (Read 26652453 times)

newbie
Activity: 28
Merit: 0
Imagine the profit Bitcoin Builder is making right now with his website. Crazy Entrepreneurship! Shocked
hero member
Activity: 686
Merit: 500
Ultranode
Quote
First, let me compliment your screen name. Probably my favorite line from Dune.
Your questions are all good and I hope my previous answers mostly addressed them. Just a few additional notes: 1. We hope regulatory clarity will attract exchanges to the United States. I suspect that they are staying offshore right now because they don't know what the rules of the road here are or will be. 2. We do hope that regulation will create a level of certainty that could incentivize banks to promote not stifle these innovations. I also suspect there are banks who are quite interested in the technology but are being risk averse for now in the absence of regulatory clarity. 3. I think Secretary Lew was expressing that money laundering, in whatever form, needs to be dealt with seriously.

 Shocked
BULLISH AS FUCK!!!!!!!!

 Grin



Also:

Quote
I think Bitcoin or the underlying technology has a lot of potential on numerous levels. As Professor Athey said at our hearings, even the experts don't know today how the technology will evolve and what it will ultimately look like. But I do think it holds a lot of promise (if money laundering can be adequately addressed), both on its own and in terms of causing existing payments system technologies to up their game. I've personally evolved a lot on the issue the more I have learned. I wouldn't compare it to a Rocky-IV-final-scene about-face and it has taken time for all of us at DFS to get our minds around it, but certainly our views have changed.

http://www.reddit.com/r/IAmA/comments/1ygcil/as_requested_im_ben_lawsky_superintendent_of_the/cfkbfgo?context=3
hero member
Activity: 503
Merit: 500
Do you have any proof of sending 50k to mtgox? This is not speculation is throwing money off the window. You might win, but still it's stupid to do.


Did you make that deposit today and got it in instantly?
Yes I made this today and it should arrive tomorrow based on my previous transactions. It takes about 1 business day for money to arrive.

Well done. You will probably buy more than 500 BTC with that amount.. If Gox can pull their shit together you will be looking at a huge instant profit.

In other news: my concern is not Gox being insolvent "because they lost the coins". My concerns is they are in VERY deep shit for various reasons and funds might be stuck in there for very long.

EUR withdrawals still worked you say? Only smallish ones and VERY slowly. When it takes 6 weeks to process a fiat withdrawal, then something VERY bad is happening. I mean... If I tell to my bank to do a 300k transfer, they do it immediately, and in max. 2/3 days the money arrives to the account where I sent it. If they have to wait WEEKS to be able to send the money, then there is a serious problem somewhere. They won't tell us what is the problem and they make up BS excuses about their "huge volume" overwhelming the banks. In my book, that's very worrying.
From what I understand their bank account has limits of say 200k EUR per day. That means waiting queue. They may be incompetent dealing with the legal issues, (e.g 5m USD frozen in US) and are stuck with these low limit bank accounts. I can see mtgox slowly losing it's market share due to their inability to take care of these issues, but as long as they're not arrested (and I do realize this is a risk so I try to limit my exposure to any exchanges) they will keep pumping funds out slowly, but surely imo. Long story short I don't believe Mark has some evil masterplan to run off with all the btc, nor do I believe they are insolvent. They just can't deal with the "real world".

I am of this opinion as well.  I think incompetence is driving this situation more than anything else.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Quote
First, let me compliment your screen name. Probably my favorite line from Dune.
Your questions are all good and I hope my previous answers mostly addressed them. Just a few additional notes: 1. We hope regulatory clarity will attract exchanges to the United States. I suspect that they are staying offshore right now because they don't know what the rules of the road here are or will be. 2. We do hope that regulation will create a level of certainty that could incentivize banks to promote not stifle these innovations. I also suspect there are banks who are quite interested in the technology but are being risk averse for now in the absence of regulatory clarity. 3. I think Secretary Lew was expressing that money laundering, in whatever form, needs to be dealt with seriously.

 Shocked
BULLISH AS FUCK!!!!!!!!

 Grin

hero member
Activity: 672
Merit: 500
finally, stamp is following a bit

btc was overvalued anyway


Source?

how about stamp's two day price chart.. just took a downward direction..

Ah yes, you convinced me.
sr. member
Activity: 476
Merit: 250
Bitstamp is telling me my password is too old(I consider my password very safe, so do i really need to change it?? randomized with a couple big letters) and I need 2FA

What happens if I lose my phone?? Is the authentication key that they give me enough then?

my btc withdrawls work btw

Just telling you gently your password is maybe compromise on your side, so change it
donator
Activity: 2772
Merit: 1019
why is anyone still using GOX?  Just remove the coins and cash and let it crumble.

Because it's so hard to stop. There are withdrawal symptoms and all that.

(I haven't used gox since early last year and have no funds there)
hero member
Activity: 686
Merit: 500
Ultranode
http://www.reddit.com/r/IAmA/comments/1ygcil/as_requested_im_ben_lawsky_superintendent_of_the/cfkazmc?context=3

Quote
First, let me compliment your screen name. Probably my favorite line from Dune.
Your questions are all good and I hope my previous answers mostly addressed them. Just a few additional notes: 1. We hope regulatory clarity will attract exchanges to the United States. I suspect that they are staying offshore right now because they don't know what the rules of the road here are or will be. 2. We do hope that regulation will create a level of certainty that could incentivize banks to promote not stifle these innovations. I also suspect there are banks who are quite interested in the technology but are being risk averse for now in the absence of regulatory clarity. 3. I think Secretary Lew was expressing that money laundering, in whatever form, needs to be dealt with seriously.

Any other day and snesLaw's comments would be "bullish as fuck." Right, adam?
legendary
Activity: 1552
Merit: 1047
Do you have any proof of sending 50k to mtgox? This is not speculation is throwing money off the window. You might win, but still it's stupid to do.


Did you make that deposit today and got it in instantly?
Yes I made this today and it should arrive tomorrow based on my previous transactions. It takes about 1 business day for money to arrive.

Well done. You will probably buy more than 500 BTC with that amount.. If Gox can pull their shit together you will be looking at a huge instant profit.

In other news: my concern is not Gox being insolvent "because they lost the coins". My concerns is they are in VERY deep shit for various reasons and funds might be stuck in there for very long.

EUR withdrawals still worked you say? Only smallish ones and VERY slowly. When it takes 6 weeks to process a fiat withdrawal, then something VERY bad is happening. I mean... If I tell to my bank to do a 300k transfer, they do it immediately, and in max. 2/3 days the money arrives to the account where I sent it. If they have to wait WEEKS to be able to send the money, then there is a serious problem somewhere. They won't tell us what is the problem and they make up BS excuses about their "huge volume" overwhelming the banks. In my book, that's very worrying.
From what I understand their bank account has limits of say 200k EUR per day. That means waiting queue. They may be incompetent dealing with the legal issues, (e.g 5m USD frozen in US) and are stuck with these low limit bank accounts. I can see mtgox slowly losing it's market share due to their inability to take care of these issues, but as long as they're not arrested (and I do realize this is a risk so I try to limit my exposure to any exchanges) they will keep pumping funds out slowly, but surely imo. Long story short I don't believe Mark has some evil masterplan to run off with all the btc, nor do I believe they are insolvent. They just can't deal with the "real world".
member
Activity: 117
Merit: 10
bitarchitect
After getting this noon a message on BitStamp balance telling me to activate 2FA, now I get another one telling that my Password is too old. What's happening?

@podyx same here
legendary
Activity: 2338
Merit: 1035
Bitstamp is telling me my password is too old(I consider my password very safe, so do i really need to change it?? randomized with a couple big letters) and I need 2FA

What happens if I lose my phone?? Is the authentication key that they give me enough then?

my btc withdrawls work btw
hero member
Activity: 812
Merit: 1000
People still happily buying goxcoins for 0.4. Moronic or smart?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Wow. 50 Pages behind. WTF has been going on? Be there in a couple of hours...
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
you guys think we will see anywhere near $500 on Bitstamp/Coinbase today?   I want to get a few additional coins (I am holding all long), but am trying to get around $500...what are your thoughts?
hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
legendary
Activity: 1148
Merit: 1018
Do you have any proof of sending 50k to mtgox? This is not speculation is throwing money off the window. You might win, but still it's stupid to do.


Did you make that deposit today and got it in instantly?
Yes I made this today and it should arrive tomorrow based on my previous transactions. It takes about 1 business day for money to arrive.

Well done. You will probably buy more than 500 BTC with that amount.. If Gox can pull their shit together you will be looking at a huge instant profit.

In other news: my concern is not Gox being insolvent "because they lost the coins". My concerns is they are in VERY deep shit for various reasons and funds might be stuck in there for very long.

EUR withdrawals still worked you say? Only smallish ones and VERY slowly. When it takes 6 weeks to process a fiat withdrawal, then something VERY bad is happening. I mean... If I tell to my bank to do a 300k transfer, they do it immediately, and in max. 2/3 days the money arrives to the account where I sent it. If they have to wait WEEKS to be able to send the money, then there is a serious problem somewhere. They won't tell us what is the problem and they make up BS excuses about their "huge volume" overwhelming the banks. In my book, that's very worrying.
legendary
Activity: 2072
Merit: 1001
finally, stamp is following a bit

btc was overvalued anyway


Source?

how about stamp's two day price chart.. just took a downward direction..
hero member
Activity: 672
Merit: 500
finally, stamp is following a bit

btc was overvalued anyway


Source?
legendary
Activity: 1428
Merit: 1000

That's what Karpeles want you all to do. Attract fiat liquidity by luring cheap coins, He just inverted the blocking game.
Many SEPA transfers been received and i'm sure client's lawyers are pressing to release their funds.
So the 'Ninjas' who are depositing funds might go directly to a sinkhole.
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