Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32989. (Read 26498185 times)
June 28, 2013, 02:30:33 PM
Theres the panic! Woohoo, $92.5
June 28, 2013, 02:29:55 PM
i'd be really suprised for any of the 3 biggest exchanges to go out of business...the profitability of running a popular bitcoin exchange must be enormous considering the steep trading fees they charge.
You're assuming they maintain 100% capital reserves. All that money.... It's hard to imagine they would just leave it in customer accounts and not "invest" any of it in new servers, hosting, employees, software, security consulting, DDOS protection, legal services, physical security, or hell, even 30 day t-bills. The costs of running a major BTC exchange have skyrocketed along with the price & volume. High on their own success it's not hard to imagine they aren't thinking really big and trying to scale faster than their commissions can drive them. It's a race the top, after all. No one wants to trade on the #2 exchange. It would take an organization with considerable discipline and integrity to resist the temptation to borrow customer funds to scale the business when the alternative is failure. I mean hell, it's LEGAL for banks to do it - why shouldn't a BTC exchange, right? ...then boom, 50% price drop, and oops, customers try to pull out their USD/EUR, and hmm.... well, we're a little short on fiat today... Let's just put a hold on fiat transfers and let the market calm down for a couple weeks, and we'll pay everybody then. We're not bankrupt, we're just low on cash TODAY, after all. ...Then the volatility continues, some more bills come in, a few more customers cash out, and BAM liquidity crunch - Bankruptcy. ...and the first 21st century crypto-currency "run-on-the-bank" happens. Standard banks went through this in the 17/1800's and now they must PROVE their capital reserves every night to the Fed. With BTC, this is just waiting to happen.
June 28, 2013, 02:28:21 PM
Choo choo, everybody liquidate his dirty fiat millions now while the bids are juicy! 
June 28, 2013, 02:23:48 PM
I cant believe there is no panic after the walls were eaten.
But a 1.5k wall from 93 just got pulled :/
But a 1.5k wall from 93 just got pulled :/
No panic means that people take this fall as something normal.
Which might be even a scarier scenario for the 300k guys
Of course is normal. It's just following the current trend - > down.
June 28, 2013, 02:23:16 PM
I cant believe there is no panic after the walls were eaten.
But a 1.5k wall from 93 just got pulled :/
But a 1.5k wall from 93 just got pulled :/
EURO:
19:16:38 73.00000 1505.50000000
June 28, 2013, 02:22:07 PM
I cant believe there is no panic after the walls were eaten.
But a 1.5k wall from 93 just got pulled :/
But a 1.5k wall from 93 just got pulled :/
No panic means that people take this fall as something normal.
Which might be even a scarier scenario for the 300k guys
June 28, 2013, 02:19:56 PM
I cant believe there is no panic after the walls were eaten.
But a 1.5k wall from 93 just got pulled :/
But a 1.5k wall from 93 just got pulled :/
June 28, 2013, 02:14:29 PM
i'd be really suprised for any of the 3 biggest exchanges to go out of business...the profitability of running a popular bitcoin exchange must be enormous considering the steep trading fees they charge.
June 28, 2013, 02:13:33 PM
http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
is this for real? it's on cnn...
Dont intent to be an ass, but l2internet
BLOGS.cnn.com
Not a real article. Its fake.
Yeah, but fun though. lol
It is obviously not written by a native English speaker. There's no way it's real. But question, how did it get up on CNN Blogs? Is there spyware also on the page?
June 28, 2013, 02:13:08 PM
http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
is this for real? it's on cnn...
BTCe is not in California, not even close. Yikes what people try to pull.
June 28, 2013, 02:10:34 PM
http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
is this for real? it's on cnn...
Dont intent to be an ass, but l2internet
BLOGS.cnn.com
Not a real article. Its fake.
Yeah, but fun though. lol
June 28, 2013, 02:08:37 PM
http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
is this for real? it's on cnn...
Dont intent to be an ass, but l2internet
BLOGS.cnn.com
Not a real article. Its fake.
June 28, 2013, 02:05:17 PM
http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
is this for real? it's on cnn...
June 28, 2013, 02:05:06 PM
http://politicalticker.blogs.cnn.com/2013/06/22/anonymous-bitcoin-operator/
If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
remember seeing some fake bitcoin news in cnn ireporter or something.If no one has published it.
https://bitcointalksearch.org/topic/m.2605938
We have to wait for their response, perhaps stuffing Journalists (lie).
The Full Story links at he end of the article goes to Snowdens extradition request story. No court order image.
June 28, 2013, 02:04:49 PM
Look at all those juicy bids.
Someone just did. Juicy juicy. Time for some music to go along with it: https://www.youtube.com/watch?v=A7TuFy0fcuw&hd=1
I don't know why but that avatar of yours changed you into a bear
a despicable one June 28, 2013, 02:04:11 PM
https://forum.litecoin.net/index.php?topic=4544.0 this was discussed before
June 28, 2013, 02:01:58 PM
June 28, 2013, 02:00:24 PM
Cheap USD. Only 0.0105 BTC per USD. Time to buy Dollars.
June 28, 2013, 01:59:01 PM
Hello, 94!
June 28, 2013, 01:58:15 PM
its time to make shitstorm, dumping in progress
shitstorm in(at) the initial stage, will take at least a year that would be bull back on the market now. History repeats itself. Jump to: