Yeah, but the guy who first said that was a tit.
A rather clever tit, however. A piker at econ, but his treatise on probability was a masterwork at the time.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29532. (Read 26609131 times)
February 18, 2014, 02:12:06 PM
A rather clever tit, however. A piker at econ, but his treatise on probability was a masterwork at the time.
February 18, 2014, 02:11:31 PM
Still massive dumps of Goxcoins, seems like people think they are worthless after all
as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.
are poeple trading gox on superior information or emotion... that is the question.
Gox is dealing with a trojan horse and containing it for now after Bitcoin threatened gold parity the domain of the TPTB.
JP Morgan orchestrated a confidence attack, (with over 100 patent revisions to a Bitcoin competitor filed with the USPTO.) JPM knows Bitcoin inside out. They also trade aggressively to manipulate markets.
They dumped 8000 coins to crash Btc-e to $100 and dumped on Gox while exploiting withdrawal vulnerabilities, funded and published anti Bitcoin articles and studies. And publicly denounced Bitcoin after quizzing Bitcoins lead developer over at the CFR of how patches and development is done in regards to implication of the protocol.
Gox is in damage control containing the contagion, mainly because at the time the attack was planed (after they published an advertisement at the financial G8 conference) they were No.1 by a long shot.
February 18, 2014, 02:10:50 PM
yeah, the good ol´times...
Your posting was not a contribution to the discussion. It was an effort to thwart meaningful discussion.
As such it is not appreciated.
February 18, 2014, 02:10:10 PM
Even tho Gox slowly dipping, no reaction from stamp and co. yet
February 18, 2014, 02:07:10 PM
I don't currently have a stake in gox, neither usd nor bitcoin, but my assessment, based on everything, is that they will survive with all funds intact, with a probability of 10 to 1.
February 18, 2014, 02:06:37 PM
hyperdeflation is the inevitable outcome of bitcoin.
why? the money supply in btc is stable.
February 18, 2014, 02:05:14 PM
What do you think? Is Mt. Gox having "Supplier consolidation and failures"?
It seems to be spot on. Looks like we have much room downards left...
What would be your reasoning for "much room downwards left?"
Accordin to the chart we are somewhere between "Negative press begins" and "Supplier consolidation and failures"
February 18, 2014, 02:03:12 PM
February 18, 2014, 02:02:58 PM
What do you think? Is Mt. Gox having "Supplier consolidation and failures"?
It seems to be spot on. Looks like we have much room downards left...
What would be your reasoning for "much room downwards left?"
February 18, 2014, 02:01:41 PM
I don't understand why Bitcoin ATMs are such a big deal. It's almost like a kiosk for paying a credit card bill or something. Why would I pay a ridiculous premium for something I can do for so much cheaper at my own home?
Neither do I, but appearantly people like the instant transaction without the need to register and so on. Anyway it is a free market, and any project is a positive addition to the ecosystem. I hope they can make a profit from it.
February 18, 2014, 01:57:50 PM
the ones in Canada seemingly abide by the required laws as far as I have read.
I just saw that apparently Canadian banks have taken a turn for the worse...
http://www.reddit.com/r/Bitcoin/comments/1y7ln2/cointradernet_canadas_last_bitcoinfriendly_bank/
It doesn't sound like its as cut and dry as the article makes it sound. I haven't heard anything from cavirtex yet, and here's another version http://www.reddit.com/r/Bitcoin/comments/1y9dkq/rumour_bank_of_montreal_closing_bitcoinrelated/
interesting.
cavirtex has all the appropriate licensing i believe
Yes, cavirtex is fine.
I also spoke by email with Eric from Bylls.com in Montreal this morning [this is the bitcoin-to-bill-pay service that allows you to pay your electricity and cable bill with bitcoins!!]. He says they have secured multiple banking relationships, so they are not affected.
omg why wasn't i told about this
February 18, 2014, 01:57:33 PM
February 18, 2014, 01:50:00 PM
"In the email interview, Mr. Karpelès responded to questions about the company's solvency or protection for customers' funds by saying that the matter is confidential."
February 18, 2014, 01:47:43 PM
February 18, 2014, 01:44:33 PM
What do you think? Is Mt. Gox having "Supplier consolidation and failures"?
It seems to be spot on. Looks like we have much room downards left...
February 18, 2014, 01:44:20 PM
Just when you thought MK couldn't possibly be more obtuse:
http://www.reddit.com/r/Bitcoin/comments/1y8ot2/we_are_very_surprised_anyone_could_blame_mtgox/
This is Asperger syndrome level incompetence. Without believing, I fully understand the tinfoil hat crew's assumption that he's driving the price down on purpose. Hell, even the Silk Road 2 guy said "I failed you". It's a sad sad day when you have to look to criminals for lessons on leadership. The buck stops at the top. It happened on your watch, Mark. Own it.
http://www.reddit.com/r/Bitcoin/comments/1y8ot2/we_are_very_surprised_anyone_could_blame_mtgox/
This is Asperger syndrome level incompetence. Without believing, I fully understand the tinfoil hat crew's assumption that he's driving the price down on purpose. Hell, even the Silk Road 2 guy said "I failed you". It's a sad sad day when you have to look to criminals for lessons on leadership. The buck stops at the top. It happened on your watch, Mark. Own it.
http://www.reddit.com/r/Bitcoin/comments/1y9akl/mark_karpeles_petition_update/
February 18, 2014, 01:43:48 PM
shitty i live in canada.
you need to get rid of Harper.
Amen
February 18, 2014, 01:42:33 PM
the ones in Canada seemingly abide by the required laws as far as I have read.
I just saw that apparently Canadian banks have taken a turn for the worse...
http://www.reddit.com/r/Bitcoin/comments/1y7ln2/cointradernet_canadas_last_bitcoinfriendly_bank/
It doesn't sound like its as cut and dry as the article makes it sound. I haven't heard anything from cavirtex yet, and here's another version http://www.reddit.com/r/Bitcoin/comments/1y9dkq/rumour_bank_of_montreal_closing_bitcoinrelated/
interesting.
cavirtex has all the appropriate licensing i believe
Yes, cavirtex is fine.
I also spoke by email with Eric from Bylls.com in Montreal this morning [this is the bitcoin-to-bill-pay service that allows you to pay your electricity and cable bill with bitcoins!!]. He says they have secured multiple banking relationships, so they are not affected.
February 18, 2014, 01:41:41 PM
What if Gox is actually broke and all that selling is just them selling imaginary coins that they dont have to get the last bit of money they can get?
This is what worries me. If it was true, then I think they would also be motivated to keep the BTC price as low as they can so that people selling BTC would get less dollars for them.
Ye i dunno, maybe i am over-thinking things, but selling on Gox doesnt really look like people panic selling, it has some sort of a "control" feel to it.
Quote
Just when you thought MK couldn't possibly be more obtuse:
http://www.reddit.com/r/Bitcoin/comments/1y8ot2/we_are_very_surprised_anyone_could_blame_mtgox/
http://www.reddit.com/r/Bitcoin/comments/1y8ot2/we_are_very_surprised_anyone_could_blame_mtgox/
I dont know what to think, does he thinks that he is saving MtGox rep by doing these retarded interviews? I dont expect him to be that stupid.
February 18, 2014, 01:41:15 PM
Just when you thought MK couldn't possibly be more obtuse:
http://www.reddit.com/r/Bitcoin/comments/1y8ot2/we_are_very_surprised_anyone_could_blame_mtgox/
This is Asperger syndrome level incompetence. Without believing, I fully understand the tinfoil hat crew's assumption that he's driving the price down on purpose. Hell, even the Silk Road 2 guy said "I failed you". It's a sad sad day when you have to look to criminals for lessons on leadership. The buck stops at the top. It happened on your watch, Mark. Own it.
http://www.reddit.com/r/Bitcoin/comments/1y8ot2/we_are_very_surprised_anyone_could_blame_mtgox/
This is Asperger syndrome level incompetence. Without believing, I fully understand the tinfoil hat crew's assumption that he's driving the price down on purpose. Hell, even the Silk Road 2 guy said "I failed you". It's a sad sad day when you have to look to criminals for lessons on leadership. The buck stops at the top. It happened on your watch, Mark. Own it.
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