If this happens to a well-established British bank
http://en.wikipedia.org/wiki/Barings_Bank#1995_collapse
why would it not happen in an unregulated, unaudited exchange?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30154. (Read 26713056 times)
January 26, 2014, 10:40:27 PM
January 26, 2014, 10:36:26 PM
I've seen the pictures. He's not running anywhere.
lol
Maybe a power walk at best
but i loledOh sh*t i just cracked his plan. So there was a reason for that ball after all!!
January 26, 2014, 10:32:00 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
Now, you know that I'm a nay-sayer on a lot of the topics that come up in this subforum, so to be consistent ... I don't think that bitcoin dies. It could get very sick and fall prey to panic so that it seems on the verge of death, but not complete oblivion.
There is value to the protocol and the blockchain. There has to be value for the miners to continue. Have more faith, but don't count on untold riches either.
I know that.... all i'm saying is i will be a bitcoin market participant forever, no matter what happens.
and on that note, i'm going to try and get some sleep!
good night everyone don't let the FUD get to you.
No way! I'LL be holding the bag. The one who dies with the most bitcoin wins!
January 26, 2014, 10:31:30 PM
I've seen the pictures. He's not running anywhere.
lol
Maybe a power walk at best
but i loled 
January 26, 2014, 10:26:52 PM
check the #mtgox IRC channel, current rumour is that Mark has done a runner. Sounds like FUD to me though.
I've seen the pictures. He's not running anywhere.
January 26, 2014, 10:23:03 PM
Speaking of stabbing people, which we weren't, what ever happened to the gazillion wall street bucks that were waiting to pour onto the exchanges after Jan 1?
You mean the ETFs? They are not set up yet.
Nah. Back in December all the rage was to talk about all the wall street money that was going into the exchanges.
January 26, 2014, 10:18:01 PM
check the #mtgox IRC channel, current rumour is that Mark has done a runner. Sounds like FUD to me though.
I've seen the pictures. He's not running anywhere.
January 26, 2014, 10:16:00 PM
I've seen the pictures. He's not running anywhere.
lol
January 26, 2014, 10:14:57 PM
check the #mtgox IRC channel, current rumour is that Mark has done a runner. Sounds like FUD to me though.
I've seen the pictures. He's not running anywhere.
January 26, 2014, 10:10:28 PM
Speaking of stabbing people, which we weren't, what ever happened to the gazillion wall street bucks that were waiting to pour onto the exchanges after Jan 1?
January 26, 2014, 09:53:30 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
just no intrinsic value
Bitcoin is based on Austrian economics and praxeology. In Austrian economics, there is no such thing as "intrinsic value." All value is derived from PERCEIVED use and future use.
If praxeology is valid, and the success of Bitcoin so far indicates that it is, intrinsic value will carry the same economic weight as "blessed" or "cursed".
January 26, 2014, 09:46:48 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
Now, you know that I'm a nay-sayer on a lot of the topics that come up in this subforum, so to be consistent ... I don't think that bitcoin dies. It could get very sick and fall prey to panic so that it seems on the verge of death, but not complete oblivion.
There is value to the protocol and the blockchain. There has to be value for the miners to continue. Have more faith, but don't count on untold riches either.
I know that.... all i'm saying is i will be a bitcoin market participant forever, no matter what happens.
and on that note, i'm going to try and get some sleep!
good night everyone don't let the FUD get to you.
January 26, 2014, 09:45:57 PM
Which 'most' you been listening to?
... chinese are just getting started. Thing about china is there is the 'official' china and there is the real china. Real china luvs bitcoin and they will get it one way or the other because that is in the design of bitcoin to route around even severe damage like the chinese communist state abomination ...
... chinese are just getting started. Thing about china is there is the 'official' china and there is the real china. Real china luvs bitcoin and they will get it one way or the other because that is in the design of bitcoin to route around even severe damage like the chinese communist state abomination ...
'Most' of the fud merchants who should know better, but continue to sound convincing.
I completely agree with your summation of the Real China.
January 26, 2014, 09:42:33 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
Now, you know that I'm a nay-sayer on a lot of the topics that come up in this subforum, so to be consistent ... I don't think that bitcoin dies. It could get very sick and fall prey to panic so that it seems on the verge of death, but not complete oblivion.
There is value to the protocol and the blockchain. There has to be value for the miners to continue. Have more faith, but don't count on untold riches either.
So you are saying that there will be no $1,000,000 btc this month? Shame...
we could see a new ATH on gox
January 26, 2014, 09:36:17 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
Now, you know that I'm a nay-sayer on a lot of the topics that come up in this subforum, so to be consistent ... I don't think that bitcoin dies. It could get very sick and fall prey to panic so that it seems on the verge of death, but not complete oblivion.
There is value to the protocol and the blockchain. There has to be value for the miners to continue. Have more faith, but don't count on untold riches either.
So you are saying that there will be no $1,000,000 btc this month? Shame...
January 26, 2014, 09:31:06 PM
Interesting that most seem to think that the Chinese are through with XBT.
January 26, 2014, 09:28:03 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
just no intrinsic value
i really don't care about material things. the things i really care about are intangible
if that's true, you should sell bitcoins now before everyone else does, so you can buy the intangible things you care about (bitcoins) back cheaper, so you have more of it
Bitcoin market cap before China: 2.5 billion
Bitcoin market cap when CHina enters: 10+ billion
Bitcoin market cap when China leaves: 2 - 4 billion
Price of bitcoin /4 -5 = around the $200 mark
$200 is a realistic value for bitcoin, over $1,000 is extremely outrageous.
Sell now, buy back later
. January 26, 2014, 09:20:01 PM
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me
Now, you know that I'm a nay-sayer on a lot of the topics that come up in this subforum, so to be consistent ... I don't think that bitcoin dies. It could get very sick and fall prey to panic so that it seems on the verge of death, but not complete oblivion.
There is value to the protocol and the blockchain. There has to be value for the miners to continue. Have more faith, but don't count on untold riches either.
January 26, 2014, 09:18:38 PM
MtGox problem would cause a flash crash just like SR one did. Nothing more, nothing else. I'm not worried in a slightest.
Maybe I'll finally get my bids on stamp filled
January 26, 2014, 09:17:24 PM
http://www.theverge.com/2013/8/23/4651926/us-government-seized-5-million-from-bitcoin-behemoth-mt-gox
Probably there are better and more complete accounts out there somewhere.
Probably there are better and more complete accounts out there somewhere.
surely they would have made that back by now, anyone done the calculations? I remember people saying they did 500k in one day a while back.
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