Again
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29598. (Read 26712315 times)
February 17, 2014, 04:58:33 PM
266$ choooooo chooooo we´re breaking it.
Again
Again
February 17, 2014, 04:58:19 PM
Guys, what if the crash at MtGox was caused by the Scottish government. They attacked MtGox so that they could gather a large reserve of bitcoins, and when they secede from the UK and drop the Pound, they will mint their new currency backed with their new bitcoin standard.
February 17, 2014, 04:54:11 PM
I had an epiphany at lunch. Gox will succeed in spite of all the crap they are pulling. Why do I think this? Because in a very weird way Gox has created the perfect gambling web site. People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.
February 17, 2014, 04:52:03 PM
I think your two goals are kind of at odds with each other...as soon as there is a hint that there is more stability and more "markets" lets say exchanges improved ecosystem and adoption growth and clearer regs etc.. as soon as the market gets (even more of) a whiff of that then , the price will go up to price it in, not down, unless "they" manipulate the exchanges to get a better price to buy in at...hmmm
Yes, that's the point. Investing into BTC is only attractive if there is a reason for the high price or the price would be low enough. When the price is high without a reason, other then desperation of fanatics, then it's not a good investment.
News I care about are:
a) Opening/Closing of markets
b) Changes in legislation
c) BTC code
Rest of the news don't mean much to me when speculating the price. During the previous period a,b and c have only been negative. So, to me, there is no rational reason for the price to be much over then it was before the China boom. It's not the first time when markets are not rational and hold the price up by fanatics or manipulators. And this kind of irrational market, that is held up by pillars that are on a verge of breaking, is a big no-no as an investment opportunity.
The price has to rest on a more solid base then on "will of the HODLERS", or it has to create real increase in demand. Either one has to happen to shock this 2 month old dead cat to life. It could of already have been in a slow and stable uptrend if the market would have been more rational and finished the "loss of China" crash without denial.
It's stupid because it only wastes time..
I agree with you mostly except for the price resting on pillars on the verge of breaking. There's been a major increase in adoption and the demand is growing rapidly.
I honestly think the bottom of this downtrend is $600; anything less will be bought either by new users or existing ones. In this market we have a catch-22 where a large number of the speculative traders are looking for a larger crash but the market has changed so dramatically in the last several months that the support level is higher than anticipated. The population is growing; even now in this time of FUD the market is flooding with new users...
I think as soon as the speculative investors start to realize that the bottom is already in they will contribute to the next rally by reinvesting...
February 17, 2014, 04:49:29 PM
I already reported him for spamming, i hope it helps if everybody reports him. Seriously fonzie, the first and last time i react to you, please do something useful with your life. 24/7 trolling a bitcoin forum isn't really a high quality life is it?
You should get used to this, there will be alot more people like fonzie when we are at $10k+
February 17, 2014, 04:49:02 PM
Well it was just a response to his post, that came out of nowhere. I haven´t talked to him before. He played the ball first.
Once a dumbass, always a dumbass. Asking for a explaination and once given, he shuts the fuck up. Probably doesnt know how to debate.
Doesnt really suprise me, thats normal when being braindead. If there's a mod on here, he should do his job by picking out the people with an IQ of below 60, and make them a "special" thread.
@windjc
i don´t need to post all the insults that you posted in the last weeks, do i? so plz stop crying
Once a dumbass, always a dumbass. Asking for a explaination and once given, he shuts the fuck up. Probably doesnt know how to debate.
Doesnt really suprise me, thats normal when being braindead. If there's a mod on here, he should do his job by picking out the people with an IQ of below 60, and make them a "special" thread.
@windjc
i don´t need to post all the insults that you posted in the last weeks, do i? so plz stop crying
February 17, 2014, 04:45:44 PM
I already reported him for spamming, i hope it helps if everybody reports him. Seriously fonzie, the first and last time i react to you, please do something useful with your life. 24/7 trolling a bitcoin forum isn't really a high quality life is it?
February 17, 2014, 04:39:46 PM
Quote
Hi,
how are u doin with all your coins and money stuck in Gox?
Much butthurt?
Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l
Best Wishes
Fonzie
how are u doin with all your coins and money stuck in Gox?
Much butthurt?
Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l
Best Wishes
Fonzie
I do not have Bitcoins in Gox. I do not have USD in Gox. Idiot.
Stop PM'ing me, it's a waste of my mailbox space.
But seriously Fonzie, you need professional psychiatric help. I'm not kidding. Seek help. For your own sake.
Fonzie is harassing people via Pm now?
That should be grounds for banning. Totally unacceptable. And completely desperate.
February 17, 2014, 04:37:59 PM
I think your two goals are kind of at odds with each other...as soon as there is a hint that there is more stability and more "markets" lets say exchanges improved ecosystem and adoption growth and clearer regs etc.. as soon as the market gets (even more of) a whiff of that then , the price will go up to price it in, not down, unless "they" manipulate the exchanges to get a better price to buy in at...hmmm
Yes, that's the point. Investing into BTC is only attractive if there is a reason for the high price or the price would be low enough. When the price is high without a reason, other then desperation of fanatics, then it's not a good investment.
News I care about are:
a) Opening/Closing of markets
b) Changes in legislation
c) BTC code
Rest of the news don't mean much to me when speculating the price. During the previous period a,b and c have only been negative. So, to me, there is no rational reason for the price to be much over then it was before the China boom. It's not the first time when markets are not rational and hold the price up by fanatics or manipulators. And this kind of irrational market, that is held up by pillars that are on a verge of breaking, is a big no-no as an investment opportunity.
The price has to rest on a more solid base then on "will of the HODLERS", or it has to create real increase in demand. Either one has to happen to shock this 2 month old dead cat to life. It could of already have been in a slow and stable uptrend if the market would have been more rational and finished the "loss of China" crash without denial.
It's stupid because it only wastes time..
February 17, 2014, 04:31:53 PM
Quote
Hi,
how are u doin with all your coins and money stuck in Gox?
Much butthurt?
Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l
Best Wishes
Fonzie
how are u doin with all your coins and money stuck in Gox?
Much butthurt?
Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l
Best Wishes
Fonzie
I do not have Bitcoins in Gox. I do not have USD in Gox. Idiot.
Stop PM'ing me, it's a waste of my mailbox space.
But seriously Fonzie, you need professional psychiatric help. I'm not kidding. Seek help. For your own sake.
February 17, 2014, 04:27:33 PM
MtGox about to open the Gates to sub 200.100 until thursday?
February 17, 2014, 04:26:26 PM
MtGox about to open the Gates to sub 200.100 until thursday?
February 17, 2014, 04:19:24 PM
Maybe we should all pitch in and offer to buy a years supply of Starbucks for the GOX staff if they can fix their crap by tomorrow?
Mark seems to really like his Frappuccinos.
Just trying to think outside the box!
(Fortunately, I have no coins there but hubby's friend still does even though he told him 7 times to get his coins off there. Sigh. What do you do?)
Mark seems to really like his Frappuccinos.
Just trying to think outside the box!
(Fortunately, I have no coins there but hubby's friend still does even though he told him 7 times to get his coins off there. Sigh. What do you do?)
February 17, 2014, 04:18:54 PM
Wouldnt it be hilarious if they just started fiat withdrawals as well.
It'd be even funnier if the announcement stated that there had been a huge misunderstanding: work is only being done on improve the fiat withdrawal system and that they were previously unaware of BTC withdrawal issues.
lulz
February 17, 2014, 04:02:08 PM
Wouldnt it be hilarious if they just started fiat withdrawals as well.
It'd be even funnier if the announcement stated that there had been a huge misunderstanding: work is only being done on improve the fiat withdrawal system and that they were previously unaware of BTC withdrawal issues.
February 17, 2014, 03:59:14 PM
Wouldnt it be hilarious if they just started fiat withdrawals as well.
February 17, 2014, 03:54:00 PM
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).
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.
Richy - I still have coins in there - I was just trying to look at it dispassionately. We are where we are.
I hate what Gox had and has wasted, it rankles, of course - but I want the damage to stop, so I am hoping they do something measured and sensible so they can get out of the hole they have dug for themselves.
February 17, 2014, 03:30:08 PM
Anyone explain to me why these guys will give me £400 right now for my bitcoin
https://localbitcoins.com/instant-bitcoins/
When they could be getting them for £173 at MtGox?
Serious question.
https://localbitcoins.com/instant-bitcoins/
When they could be getting them for £173 at MtGox?
Serious question.
I wonder how many bitcoin buyers have been lured by MtGOX's extremely low price, and discovered only too late that they cannot get their coins out nor their money back.
Mark Karpeles is a human being, sure. But there are several more specific terms for a human being that receives the property of other human beings for safekeeping, and refuses to give it back.
February 17, 2014, 03:29:48 PM
I'm gratified that BTC-e has not joined in on the mud crawl. Watching gox doing a fair imitation of the limbo is frightening enough.
February 17, 2014, 03:26:55 PM
Quote
Hi,
how are u doin with all your coins and money stuck in Gox?
Much butthurt?
Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l
Best Wishes
Fonzie
how are u doin with all your coins and money stuck in Gox?
Much butthurt?
Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l
Best Wishes
Fonzie
I do not have Bitcoins in Gox. I do not have USD in Gox. Idiot.
Stop PM'ing me, it's a waste of my mailbox space.
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