Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31841. (Read 26712668 times)

bitstamp just cost me a lot of money to cash out and now i find they're having problems.  I lose, big time.

I am butthurt right now fully admitted, however the recent events of the past few days do not help show this is not a ponzi scheme because the net effect will be the same.  Late comers spending almost 1000$ for ONE bitcoin will walk away burned publicity will be terrible. Who wants to deal with the stress of pump and dump.  Who will put what they can afford to lose when it is certain they will lose it if they're not quicker than exchanges f'ing up or dumpers dumping.

I'm leaving my profit in BTC (60%) and withdrawing my investment (assuming bitstamp doesnt go under tomorrow cause thats where my fiat is, i frankly wish i cashed out on gox and waited it out).  I'm not fully cashing out because (i'm probably an idiot) I do believe in the idea deep down and thats why this is so painful to watch and gets me so emotional.

Greedy apples doing DDOS and dumps on exchanges to serve their desires do not bode well for a system which relies on trusting the community to preserve value. Maybe long term this will smooth over but I can't see anyone buying like they were a few days ago anymore, Top was 900$

I'm not doing my part to crash it, just took my original money back and whatever happens to my BTC value so be it.  Very dissapointed, but not sure why any of us expected this time to be different

waiting a while for our wire to go through at Bitstamp. my deposit seems to have cancelled itself, which is odd. My wires are usually dead fast. Looking on China QQ, a bunch of people planned to arb the gap with profits too, but can't. Quite a few people complaining.

After speaking with Mtgox on irc, apparently my BTC withdraw is part of a 'technical issue' that they appear to have been having for nearly 2 weeks. Even though I only withdrew 3 hours ago. Just a warning to folk considering withdrawing at the moment, you could get stuck in limbo. (the real issue appears to be that they have double spent).

TBH they were great for the majority of the year.
I just don't know what's going on with their servers... Either scale up, or reduce api calls to your back-end.

i have no clue, only source is facebook site is exploding with bad comments
and their login takes nearly a minute two load (ergo i'm screwed with entering 2FAkey)
i assume ddos, but on the other side while i got error page, i saw some selloffs during this time on bitcoinity.
no way i'm gonna use that sinkhole again.
"trading with style"...

Great isn't it...basically play money at present.

Time for
http://www.youtube.com/watch?v=K2ku1A5Ox8U
with bitstamps instead of gox???

Maybe, but that trend did not break. Guys here think that crash is when we stay mostly above prices that were few days ago? Here's with daily candles:

Wow, just arrived at work, what happened over night? Where is the 1.1 million wall at 550? Cancelled or eaten through?

There's a lower underlying trend line. Expect to bounce off that.

FIXED

That trendline is faster than exponential. It is actually the tallest of three new trendlines that we have seen this year.

July trendline: Somewhat fast but reasonable continuation of march, leading to a breakout. This could be considered a hard support and representative of the actual growth happening with bitcoin.

October trendline: Once we broke out from $150, this became the new trendline, which seemed insanely fast at the time. We knew we were leading into a bubble at this point. This trendline is perhaps representative of the growth occuring with China/Bitstamp/etc, though it is pretty fast. It MIGHT become our support after this collapse and for 2014.

November trendline: Once $266 broke, the price went ballistic and started following this new trendline. It looks completely vertical on a logarithmic chart and cannot be sustained. This is the trendline in the picture you posted. We are definitely going to break it at some point. The question is is that happening now or somewhere down the line. If it holds, it will only serve to prolong the bubble further to $1400 or so before an even larger and more devestating collapse.

lol
i can't login at stamp, because loading time takes longer than the time my 2faAuth-key is valid.
what a joke. 

Nice. On Gox money goes in, money doesn't go out. On Stamp, money doesn't go in, money doesn't go out. The rest of the exchanges? A bad joke.

Nice ecosystem and infrastructure we have. So much for the singularity fans

Stick this in to your emotional head! =)

China futures are trading around Y3500, a full Y1500 lower than BTCChina price.

It's only a matter of time. As soon as bitstamp sort their banking out, the gap will crumble.

That wall on btcchina at 4000 keeps getting smaller and smaller and eclipsed by the sell orders. When it breaks who knows where itll go.

If this was a full-blown bubble collapse btcchina wouldn't be trading at $712 USD equivalent.

Nope, full blown bubble collapse is when we go below $200 again. Correction back to ~$400 on Gox would still preserve the uptrend, if we go lower things will become trickier and I may have to bring in some fresh fiat to buy.

Right now people are clinging for dear life onto the crazy november trendline. I guess when that breaks.. we go to the october trendline? That would be around $300.