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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29566. (Read 26610659 times)

hero member
Activity: 812
Merit: 1000
Good morning gentlemen. I see the market believed MtGox's slightly rephrased "2 weeks" message.

Its only +40$ increase on the Goxcoin price, cant really say that market believed MtGox all that much
hero member
Activity: 504
Merit: 500
Moderator
I turned Billy on again, enjoy Cool
hero member
Activity: 1036
Merit: 524
Good morning gentlemen. I see the market believed MtGox's slightly rephrased "2 weeks" message.
hero member
Activity: 826
Merit: 501
in defi we trust
I like gox's press release.

pretty much exactly what i was expecting

if you missed it : https://www.mtgox.com/img/pdf/20140217-Announcement.pdf

Quote
We will update everyone again by Thursday at the latest.

They do like to keep the suspense up , do they?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I like gox's press release.

pretty much exactly what i was expecting

if you missed it : https://www.mtgox.com/img/pdf/20140217-Announcement.pdf
hero member
Activity: 812
Merit: 1000
Kinda hard to predict this market, after reading the update i was sure it would react with a huge dump, but went on a mini-rally instead, but now it seems we are heading back to the "pre-update" levels
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Thursday update:  we have successfully downloaded half the block chain.  

But ran out of disk space. We have a new hard drive on order from Newegg.

...but apparently there's some snow over Russia so there might be some delay.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Actually - allowing limited withdrawals makes sense - they must fear a 'run' on BTC either crashing the exchange (with it's new software fix being untested, too) - or meaning they have so little liquidity that their business is finished.

Allowing 'some' withdrawals will mean people wish to hold BTC instead of Fiat, which will inflate the price on Gox, and at this point, some people might decide to stay.

If Gox is clever, it will still have a business left.   Don't get me wrong - I will be the first in the queue to get out, but it is a logical solution.

I did think this was their only logical way out (assuming they really do intend to stay in the game).


The thing is, it is not Gox's money to control. It belongs to the people whose accounts it is credited to. To maintain confidence, Gox should be doing everything they can to allow people to access their money. They're not.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Whoever is shorting now deserves an asskicking.

I stopped shorting when the ddos and malleation flood hit.
call me old fashioned but I refuse to help criminals steal coins, no matter how stupid their victims -- and even more certainly, not when it is harmful to bitcoin.

I will, however, profit by buying the dips, which I deem helpful to bitcoin, so long as price is below fundamental value.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Can everyone just remember there is a human being at the other end of these messages

I take exception to that!
hero member
Activity: 826
Merit: 501
in defi we trust
Thursday update:  we have successfully downloaded half the block chain.  

But ran out of disk space. We have a new hard drive on order from Newegg.

I'm pretty sure they bought one of these , it's a good match for their new trading engine.


hero member
Activity: 826
Merit: 501
in defi we trust
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))
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Thursday update:  we have successfully downloaded half the block chain.  

But ran out of disk space. We have a new hard drive on order from Newegg.
hero member
Activity: 728
Merit: 500

This week has demonstrated how one man, who owns a badly run Exchange but has a good PR team, can do massive damage to BTC.


Bill Gates?

 Cheesy
copper member
Activity: 2898
Merit: 1465
Clueless!
Let's make it clear - nobody has bloody idea where the heck it is heading right now, lol

i myself expect bitcoin to just sit where it is at......it always does what we don't expect and that is the only option
it will go sideways and we will go crazy with confusion....


it is what bitcoin does

Searing
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Let's make it clear - nobody has no bloody idea where the heck it is heading right now, lol
hero member
Activity: 826
Merit: 501
in defi we trust
There is a lack of locomotives in here.

We can only have 2 locomotives per day until Mtgox lifts their limits Smiley))))
hero member
Activity: 826
Merit: 501
in defi we trust
Karpeles did another interview with the media (wall street journal):

https://twitter.com/misssaxbys/status/435375058983198720

Is he going to blame bitcoin again?  Cheesy

Probably bitcoin , the bank of Japan , Obama and the Jamaican bobsled team.
hero member
Activity: 504
Merit: 500
Moderator
What if MtGox price doesn´t go up to to roughly meet with actual market prices, but Bitstamp goes down to Gox for the meeting.....
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