Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29901.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: giletto on February 08, 2014, 01:34:54 AM

Quote from: surfer43 on February 08, 2014, 01:27:00 AM

Quote from: ?? on ??

If anyone is still interested in mining BTC check out my CoinTerra auction thread. Grin

https://bitcointalksearch.org/topic/cointerra-unit-16-to-17-ths-in-hand-on-wednesday-3-units-454882

I would if I could afford it Cheesy

Why don't you mine with them? It looks like you can get a better return that way right now Wink

I guess to sale them with 100%++ profit is the better way then mining. Wink

break even at current difficulty is 59 days if you pay $11000

giletto

sr. member

Activity: 812

Merit: 250

Quote from: surfer43 on February 08, 2014, 01:27:00 AM

Quote from: ?? on ??

If anyone is still interested in mining BTC check out my CoinTerra auction thread. Grin

https://bitcointalksearch.org/topic/cointerra-unit-16-to-17-ths-in-hand-on-wednesday-3-units-454882

I would if I could afford it Cheesy

Why don't you mine with them? It looks like you can get a better return that way right now Wink

I guess to sale them with 100%++ profit is the better way then mining. Wink

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: ?? on ??

If anyone is still interested in mining BTC check out my CoinTerra auction thread. Grin

https://bitcointalksearch.org/topic/cointerra-unit-16-to-17-ths-in-hand-on-wednesday-3-units-454882

I would if I could afford it Cheesy

Why don't you mine with them? It looks like you can get a better return that way right now Wink

bassclef

hero member

Activity: 924

Merit: 1000

I hope Gox works itself out. They always have in the past, sort of like a Phoenix when everyone thinks they're dead, they rise back up.

Anyone else remember when their trading engine would lag beyond belief? Nobody could trade, and the market crashed at one point because of it. THE END IS NEAR people were shouting.

The end was not near. This is still the beginning.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Amechan on February 08, 2014, 01:05:39 AM

The sky is falling.

Not really. Although the market will crap itself when it finally works it out. Markets are pretty stupid.

Amechan

member

Activity: 105

Merit: 10

Spreading Bitcoin love

The sky is falling.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Richy_T on February 08, 2014, 12:56:26 AM

Quote from: windjc on February 08, 2014, 12:08:53 AM

Like for one they are still fully staffed and not letting people go left and right

As if no one has ever turned up for work one day and found the doors chained shut.

There is no reasonable explanation for what people are experiencing from Gox on the BTC side of thing (Fiat problems are a totally different issue) that should have lasted for more than 20-60 minutes, tops. Of course, people should have been getting off of there months ago but this is *BAD*.

Bitcoin will prevail but we're up for an interesting few days ahead.

I can believe USD problems. I can believe SEPA problems.

In isolation from the above, I can believe bitcoin client problems.

I am deeply troubled by JPY domestic withdrawal issues.

Put all 4 factors together at the same time and it is the exact behaviour of a company that is trading while insolvent. Especially since this pressure has been building for such a long time.

I think (for one reason or another) that they have probably been technically insolvent since June when they stopped the USD wires. That bought them some time.

It is only now that they have finally had a run on the bitcoin bank and exhausted their ability to string everyone along and the music has stopped. Everyone in the room caught without a chair is SOL.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: adamstgBit on February 08, 2014, 12:11:15 AM

http://www.youtube.com/watch?v=XHtzZukli3o

fuck ya!

this makes me want to kill i ipodtouch

Apple, like gox. If you know how to put your finger in the wind, you steer clear (Google is going that way too though).

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: windjc on February 08, 2014, 12:08:53 AM

Like for one they are still fully staffed and not letting people go left and right

As if no one has ever turned up for work one day and found the doors chained shut.

There is no reasonable explanation for what people are experiencing from Gox on the BTC side of thing (Fiat problems are a totally different issue) that should have lasted for more than 20-60 minutes, tops. Of course, people should have been getting off of there months ago but this is *BAD*.

Bitcoin will prevail but we're up for an interesting few days ahead.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Quote from: windjc on February 08, 2014, 12:32:00 AM

Quote from: SheHadMANHands on February 08, 2014, 12:23:51 AM

Mt Gox has just gone straight psycho.

Missed you around here. Your avatar always reminds me of happier forum days.

lol good to hear Cheesy

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: SheHadMANHands on February 08, 2014, 12:23:51 AM

Mt Gox has just gone straight psycho.

Missed you around here. Your avatar always reminds me of happier forum days.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: adamstgBit on February 08, 2014, 12:11:15 AM

http://www.youtube.com/watch?v=XHtzZukli3o

fuck ya!

this makes me want to kill i ipodtouch

Wow. ~~I know nothing about Bitcoin, but~~ that is extremely childish. They could've given those iPhones to me! What a waste of resources. Roll Eyes

They wasted $400 of imaginary value! Who cares that the iPhones were made in a sweatshop?!?! By destroying them they actually decreased supply driving the value up! The demand will not be impacted in any way! Principles do not matter! It is the stuff that matters! I mean 5 iPhones is such a big deal considering people starve to death every three seconds ~~and apple could prevent that with half their profits~~!

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

Thanks for the reddit link Adam, that's an insane little piece.

Trust an Aussie to front up...kinda makes me proud (and its not often that happens)...but then embarrassing he doesn't speak French (we are very insular with languages).

I imagine MK is going to 'fix' the withdrawal issue otherwise he's going to be looking at criminal proceedings at worst/bankruptcy courts at best. But from the sounds of that 'on the ground' journalism all our worst fears about Gox are true and a watershed moment is coming.

TERA

hero member

Activity: 728

Merit: 500

Quote from: keithers on February 08, 2014, 12:10:15 AM

I dont understand why everyone is panic selling on gox when you cant withdraw the cash either

USD is more likely to be recoverable in court than bitcoins. USD being a fiat currency is protecting by laws regarding when you hold an account with USD in it.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Mt Gox has just gone straight psycho.

KFR

hero member

Activity: 560

Merit: 500

Per ardua ad luna

Quote from: adamstgBit on February 08, 2014, 12:11:15 AM

http://www.youtube.com/watch?v=XHtzZukli3o

fuck ya!

this makes me want to kill i ipodtouch

+lots

The irony of Apple's evolution is beautifully summed up by using their own words against them. Bravo.

BitThink

legendary

Activity: 882

Merit: 1000

I've heard MtGox has changed their bank partner, and maybe now or soon the money withdrawn will be better? Then everyone is hurrying in selling their coins and try to get their cash back?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

http://www.youtube.com/watch?v=XHtzZukli3o

fuck ya!

this makes me want to kill i ipodtouch

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

I dont understand why everyone is panic selling on gox when you cant withdraw the cash either

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