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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29564. (Read 26610656 times)

hero member
Activity: 826
Merit: 501
in defi we trust
For those thinking of wiring money to Gox to scoop cheap coins..It can be costly:

http://www.coindesk.com/mt-gox-may-headed-bankruptcy/




Lot's of FUDD in that article:

hero member
Activity: 798
Merit: 1000
Anybody noticed how slow bitcoinwisdom has been updating trades today? The price has been updating constantly but the actual completed trades with btc amount seem to be a minute or so behind ?
hero member
Activity: 504
Merit: 500
Moderator
Protocol broken. MtGox bankrupt. It doesn´t look very promising right now. Cheesy Cheesy Cheesy
I´m glad that coindesk put out that article. A lo of people were not aware of the things that are goin on over there.
Say no to scammers!
hero member
Activity: 798
Merit: 1000
For those thinking of wiring money to Gox to scoop cheap coins..It can be costly:

http://www.coindesk.com/mt-gox-may-headed-bankruptcy/



Once again, fucking hilarious.

Why did this "marketing manager in online gambling games" not publish this 4 days ago when Gox announced downtime.

What a shit dick. It's real easy to just go at something and scream and yell shit once something has happend.

Now that Gox put out a statement, people get new shit to bitch at. Lmao.

Care to address the points and explain why you beleive it to be so hilarious ?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
The more Coindesk I read the lower it goes in my estimation. Yet another branch of the ecosystem that needs some serious pros involved.
hero member
Activity: 826
Merit: 501
in defi we trust
sr. member
Activity: 308
Merit: 250
For those thinking of wiring money to Gox to scoop cheap coins..It can be costly:

http://www.coindesk.com/mt-gox-may-headed-bankruptcy/



Once again, fucking hilarious.

Why did this "marketing manager in online gambling games" not publish this 4 days ago when Gox announced downtime.

What a shit dick. It's real easy to just go at something and scream and yell shit once something has happend.

Now that Gox put out a statement, people get new shit to bitch at. Lmao.
full member
Activity: 152
Merit: 100
http://www.coindesk.com/mt-gox-may-headed-bankruptcy/

faster it will be gone is better, it is liability for the whole system.
sr. member
Activity: 448
Merit: 250
A so-called 'bank run' should not be a problem on MtGox in principle, as they do not operate a fractional reserve system.

I say 'should not be'......

According to my "insider" sources, they have operated the  most flagrant fractional reserve system of modern history.

I don't doubt it, but...

(1) What exactly are your sources
(2) what were they doing with the excess liquidity not held in reserve?
legendary
Activity: 1428
Merit: 1000
For those thinking of wiring money to Gox to scoop cheap coins..It can be costly:

http://www.coindesk.com/mt-gox-may-headed-bankruptcy/

hero member
Activity: 1036
Merit: 524
I'm more inclined to believe that MtGox isn't purposefully being criminal, it's just that they are criminally incompetent.
sr. member
Activity: 308
Merit: 250
Fucking hilarious article.

I laughed at it all the way through the end.

I bet the autor got fucked up the ass pretty good by some bad trades he made in the early days.
hero member
Activity: 798
Merit: 1000
Possible, but I doubt it. The shutdown had nothing to do with lack of funds, it was due to a cyber attack on a bug.

A cyber attack on a bug ? So how come the other exchanges are open and have dealt with the well known issue. More like they cant just open up withdrawals because they are insolvent, this is mirrored by the restricted withdrawals they are proposing when they do open. I experienced the poker problems that he is reffering to and trust me the way mtgox is communicating is exaclty how these companies were communicating back in 2011. They havent even said when they are opening withdrawals (if at all) they have just said update on thursday...
hero member
Activity: 504
Merit: 500
Moderator
Possible, but I doubt it. The shutdown had nothing to do with lack of funds, it was due to a cyber attack on a bug.

Check the 1 comment on the article. Well , you don't have to read the comment , just the username =)))))))

just a copycat
hero member
Activity: 826
Merit: 501
in defi we trust
Possible, but I doubt it. The shutdown had nothing to do with lack of funds, it was due to a cyber attack on a bug.

Check the 1 comment on the article. Well , you don't have to read the comment , just the username =)))))))
hero member
Activity: 504
Merit: 500
Moderator
hero member
Activity: 1036
Merit: 524
Possible, but I doubt it. The shutdown had nothing to do with lack of funds, it was due to a cyber attack on a bug.
legendary
Activity: 1470
Merit: 1007
Let's make it clear - nobody has no bloody idea where the heck it is heading right now, lol

Nothing that special , most of the times we are clueless about where the hell bitcoin is heading and why.
Just enjoy the spooky ride Smiley))

There is technical analysis creating bitcoin forecasts that work well

How many millions are you worth?


Wouldn't it make more sense to ask "how did your investment perform compared to buy & hold", to assess how well TA works in this market?
full member
Activity: 126
Merit: 100
In unrelated matters.

I found this article in the press section and I would strongly recommend it. 

It's quite long but very thorough (and for those who insist in such terminology, bullish).

http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency/1/

I'm proposing everyone who signs up should read it.   Smiley


Yeah, I loved this one-- came across the Flipboard feed (which I also heartily recommend). Cheers
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