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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29633. (Read 26709787 times)

sr. member
Activity: 308
Merit: 250
So, I am guessing it's monday in China now.

Monday, we fucking love monday.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
wow wtf 256 GOX   VS  625 STAMPS

the market is saying there is a 245% chance mtgox will implode  Huh
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
Are you feeling bearish or bullish?  Huh I don't know how to feel  Undecided

Extremely bullish but not much fiat to back up those sentiments unfortunately.  Undecided
hero member
Activity: 560
Merit: 500
I'm not sure what to make of all the reports of MtGox accounts being hacked, but it's possible MtGox could be experiencing something like the June 2011 HackCrash.

Isn't this the time-honoured tradition of closing a Bitcoin business? Claim a hack and offer apologies that "someone" made off with all assets?
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Are you feeling bearish or bullish?  Huh I don't know how to feel  Undecided
hero member
Activity: 665
Merit: 500
So the people selling on Gox are most likely selling out of fear. They think it's going to 100, 10, 1 or zero. Have never been in the choo choo group but now is the time to HODL or even BYU if you have funds on Gox. This is crazy.
full member
Activity: 155
Merit: 100
Quote from: KeyserSoze
Next week we'll work on "cow." The cow goes mooooooo.

in which language the cow goes mooooo ? English ? hahahahaah

Yes, English (U.S.), sorry. This is actually interesting. Can folks in other countries maybe post what cow sounds are in their language/country. Kinda neat, I think.
How about this, in Finland cow says "Ammuuu". Interesting truly.
hero member
Activity: 560
Merit: 500
Mark is far too busy getting his new identity and fake documents sorted - so that he can start his new life on frappachino island.

Maybe his next venture to help out the Bit-o-sphere is to start a Libertarian paradise called Frappachino Island. No regulations. All trade is in GoxBux and GoxBTC. There will be an obligatory Filipino/French dwarf named Tattoo in white tuxedo to announce arrivals of planes to the island.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
I'm pretty out of the loop...What's causing the falling price now, another Mtgox meltdown?


Well Bitcoin actually istn´t worth more than 50 bucks. It was held artificially high all the time, that´s all.
It will now grind slowly down.

F off Fonz!  Smiley
hero member
Activity: 504
Merit: 500
Moderator
I'm pretty out of the loop...What's causing the falling price now, another Mtgox meltdown?


Well Bitcoin actually isn´t worth more than 50 bucks. It was held artificially high all the time, that´s all.
It will now grind slowly down.
sr. member
Activity: 434
Merit: 250
http://en.wikipedia.org/wiki/Bucket_shop_(stock_market)


As defined by the U.S. Supreme Court a bucket shop is "[a]n establishment, nominally for the transaction of a stock exchange business, or business of similar character, but really for the registration of bets, or wagers, usually for small amounts, on the rise or fall of the prices of stocks, grain, oil, etc., there being no transfer or delivery of the stock or commodities nominally dealt in."[1] People often mistakenly interchange the words bucket shop and boiler room, but there is actually a significant difference. A boiler room has been defined as a place where high-pressure salespeople use banks of telephones to call lists of potential investors (known as "sucker lists") in order to peddle speculative, even fraudulent, securities. However, with a bucket shop, it could be better thought of as a place where people go to make “side bets” – similar to a bookie.

The term Bucket Shop is a defined term under the criminal law of many states in the United States which make it a crime to operate a bucket shop.[2] Typically the criminal law definition refers to an operation in which the customer is sold what is supposed to be a derivative interest in a security or commodity future, but there is no transaction made on any exchange. The transaction goes 'in the bucket' and is never executed. Without an actual underlying transaction, the customer is betting against the bucket shop operator, not participating in the market. Alternatively, the bucket shop operator "literally 'plays the bank,' as in a gambling house, against the customer." [3] Operating a bucket shop in the United States would also likely involve violations of several provisions of federal securities or commodity futures laws.[4]

A person who engages in the practice is referred to as a bucketeer and the practice is sometimes referred to as bucketeering.
sr. member
Activity: 448
Merit: 250
Hello, I set my clock for 12AM JST, and woke up on the dot, jumped out of bed and loaded gox to see it crashing as expected, but with no news of downtime and none I can read on this thread, could some kind person from a different time zone or early waker or whatever PLZ EXPLAIN WHAT HAPPENED WITH GOX RE: DOWNTIME.
Anyone? No kind soul will inform me?
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
I'm pretty out of the loop...What's causing the falling price now, another Mtgox meltdown?


Another one  Roll Eyes
full member
Activity: 187
Merit: 100
I'm pretty out of the loop...What's causing the falling price now, another Mtgox meltdown?
hero member
Activity: 560
Merit: 500
Oh yeh, cows in the UK definitely go mooooo ... except the mad ones, which go like this http://www.youtube.com/watch?v=0gi5IEjeH6E

*snicker*
hero member
Activity: 560
Merit: 500
In Japanese dogs say "WAN" cats say "nya" cows say "mow" tigers say "gao" and elephants say "powan".

awesome, thx for sharing.
sr. member
Activity: 434
Merit: 250
Considering that Bitcoin  is basically a foreign currency that can be used anywhere in the world (if that makes any sense) I think this is relevant:

http://en.wikipedia.org/wiki/Foreign_exchange_fraud

"In a typical case, investors may be promised tens of thousands of dollars in profits in just a few weeks or months, with an initial investment of only $5,000. Often, the investor’s money is never actually placed in the market through a legitimate dealer, but simply diverted – stolen – for the personal benefit of the con artists."[6]

http://en.wikipedia.org/wiki/Churning_(finance)

Churning is the practice of executing trades for an investment account by a salesman or broker in order to generate commission from the account. It is a breach of securities law in many jurisdictions, and it is generally actionable by the account holder for the return of the commissions paid, and any losses occasioned by the broker's choice of stocks.
hero member
Activity: 560
Merit: 500
The varying onomatopoeia for animal noises across cultures is very interesting - for example while dogs in English go 'woof', in Korean (IRC) they go 'bow wow'.  The noise for pigs varies quite dramatically too.

Agreed. I wonder if in this case if size has anything to do with it. Dogs go "bow wow" in English in US too but it's usually the small noisy ones. Maybe this is my own bias since mine says "rowlf" when loud outside, and a low "woof" when she is inside saying "hey, i think i heard something..."
hero member
Activity: 910
Merit: 1003
Yes. His brain and his heart have both confirmed the findings.

Have you seen my reply to erdogan?
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