Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31757. (Read 26720873 times)

full member
Activity: 148
Merit: 100
Stamp seems to have been fine for me all day, but I'm over in Europe so I don't know...
legendary
Activity: 2186
Merit: 1213
Stamp goes up back again. So strange today... Or at least I never watched the price for 3 hrs a day before ^^
full member
Activity: 126
Merit: 100
Bitcoin has no "inherent value" (or what it does have contributes trivially) and is of limited supply. Thus there is nothing which provides a downward price pressure other than sentiment. What many claim as a weakness is actually a strength (As is the case with the many things that people often criticize about Bitcoin)



*I don't believe in inherent value but am using it here as a shorthand which I hope we all understand.
Also see the south sea bubble

While we wait...

+1 to the British comedy link ^^^^^^^   Grin Cheesy Cheesy Cheesy Roll Eyes Roll Eyes
sr. member
Activity: 448
Merit: 250
What happened on gox? Looked like a huge crash just before the shutdown.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Mark is probably sleeping so this can take some time to fix
hero member
Activity: 504
Merit: 500
It's funny though, why Gox doesn't do a rollback each time this happens. Doesn't seem fair to anyone. Oh well.
full member
Activity: 126
Merit: 100
Once Kraken and Coinsetter are compliant and connected to bank accounts, we will see the rapid and miserable demise of a business run in a haphazard manner. I like the volume on Gox, and the yubikey, but having no dd0s security and being down at terrible times is a deal breaker.

US money will flee Gox, and new adopters will have no reason to send their money there.

Course, they'll have to get coins out, cuz we all know that Gox bux are worth less than tulips... I digress.
full member
Activity: 126
Merit: 100
The last time Gox was down nothing much happened. Wouldn't get too excited.

Thanks.  Smiley
legendary
Activity: 2604
Merit: 1748
The last time Gox was down nothing much happened. Wouldn't get too excited.

Am not really excited - but Stamp is pulling back and I suspect people are selling there just in case.

Not great for market confidence, so it is understandable.

Cheap coins for the brave?

legendary
Activity: 2604
Merit: 1748
Clark Moody says Gox down 8 bux - red candles showing - but no trades moving - anyone seen this?

I believe the price is between 823 and 825 Gox. What are you seeing?

Bitcoinwisdom (usually more reliable) showing 826.

But trades list shows orders stuck at an 840 / 842 spread - I guess that was when it froze...

But if so, how come it moves down?

http://bitcoinwisdom.com/markets/mtgox/btcusd

newbie
Activity: 22
Merit: 0
The last time Gox was down nothing much happened. Wouldn't get too excited.
full member
Activity: 126
Merit: 100
Clark Moody says Gox down 8 bux - red candles showing - but no trades moving - anyone seen this?

I believe the price is between 823 and 825 Gox. What are you seeing?
full member
Activity: 126
Merit: 100
GOX tip!?  Sad

OK, so if you're in a tight position, (like I am) and need or want to get out (I hate talking this way, please don't flame me),
you might be able to queue a sell by spamming reload and then once you get a gox page, place your order over and over until it finally says 'queued for execution'. (I'm not talking about market sells btws)  Undecided  Grin
legendary
Activity: 2604
Merit: 1748
Clark Moody says Gox down 8 bux - red candles showing - but no trades moving - anyone seen this?
full member
Activity: 126
Merit: 100
Mt Gox website says:

"Reliable

We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform. "

We nearly had both Stamp and Gox down simultaneously - hmmm....



Are they not still down?

I am getting '502 Bad gateway'  

Have been for a few minutes - Stamp is on, though (am in UK, btw)

Still down. If you spam Reload, you can get through, but can't place orders, as you get 502 again (no surprise).

Bet's on price movement when it's back!??!?!??!?  Angry Grin Sad Cheesy Huh Tongue
hero member
Activity: 504
Merit: 500
This reeks of manipulation. The bears are gonna have a field day when Gox comes back online.
legendary
Activity: 2604
Merit: 1748
Mt Gox website says:

"Reliable

We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform. "

We nearly had both Stamp and Gox down simultaneously - hmmm....



Are they not still down?

I am getting '502 Bad gateway'  

Have been for a few minutes - Stamp is on, though (am in UK, btw)
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Look, I get that argument. But, it's worth expanding passed the ostensible case. The ledger of Bitcoin *does* have inherent value. Maybe it doesn't seem to, because no one is using it that way. But, as a securities ledger or track of ownership, those *books*, if you will, have inherent value, as data record of ownership-- or, once they start getting used, they will.

True. But I think that is weakly liked to the price. Which is why I used the word "trivially". Bitcoin's price is almost pure demand. It's almost Platonic in its nature.
sr. member
Activity: 378
Merit: 250
Mt Gox website says:

"Reliable

We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform. "

We nearly had both Stamp and Gox down simultaneously - hmmm....



Are they not still down?
legendary
Activity: 2604
Merit: 1748
Mt Gox website says:

"Reliable

We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform. "

We nearly had both Stamp and Gox down simultaneously - hmmm....


Jump to: