Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 33069. (Read 26497080 times)

Quote from: sacko on June 20, 2013, 04:13:53 AM

Bad news ad infinitum, be prepared for the coming weekend dip.

Mmm... I sense a replay of the Dwolla-news-effect is coming - just an order of magnitude bigger this time.
Prepare to see price going up on Gox and down on other exchanges.

Nothing but wishful thinking Roll Eyes

LOL, I spent about $60k when word of this delay started to emerge last week. This is money I've been sitting on for over a month waiting for lower prices.

I suspect this is the only reason why the price went up to $113 recently - people who were paying attention knew something was wrong and decided to get out of Gox.

I expect to see lots of big BTC purchases very soon.

If gox are being truthful about this only lasting for 2 weeks, this won't be so drastic, as waiting for 2 weeks for gox priced bitcoins might work out better than selling them off cheaper in other exchanges. That is IF it really only lasts for 2 weeks

EuroTrash

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Quote from: EuroTrash on June 20, 2013, 04:09:04 AM

Mmm... I sense a replay of the Dwolla-news-effect is coming - just an order of magnitude bigger this time.
Prepare to see price going up on Gox and down on other exchanges.

Nothing but wishful thinking Roll Eyes

Well the news is out and it's not like I am seeing mega dump... yet. Actually we are up to 109.8 while I am writing.
In regards to what I wish personally nope I don't give a heck about the price on Gox

I don't have a single cent / BTC there since last SEPA troubles in April.

samson

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Quote from: ?? on ??

Quote from: EuroTrash on June 20, 2013, 04:09:04 AM

Quote from: EuroTrash on June 20, 2013, 04:11:38 AM

Bad news ad infinitum, be prepared for the coming weekend dip.

Mmm... I sense a replay of the Dwolla-news-effect is coming - just an order of magnitude bigger this time.
Prepare to see price going up on Gox and down on other exchanges.

Nothing but wishful thinking Roll Eyes

LOL, I spent about $60k when word of this delay started to emerge last week. This is money I've been sitting on for over a month waiting for lower prices.

I suspect this is the only reason why the price went up to $113 recently - people who were paying attention knew something was wrong and decided to get out of Gox.

I expect to see lots of big BTC purchases very soon.

ShroomsKit

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Quote from: ShroomsKit on June 20, 2013, 04:07:32 AM

Quote from: EuroTrash on June 20, 2013, 04:03:21 AM

Quote from: adamstgBit on June 19, 2013, 07:03:39 PM

Quote from: EuroTrash on June 20, 2013, 04:09:04 AM

MtGox aren't sending international wires out since last week.

Call it a hunch but I'm going to say this might put some people off making deposits.

BS pics or it didn't happen

It's worse than I initially thought - USD withdrawals suspended for 2 weeks !

https://mtgox.com/press_release_20130620.html

As usual their communication is amateur BS.
Maybe behind the curtains their Japan bank account has been frozen for 30 days pending review.
Inside our hearts we all know that sooner or later it was going to happen. Maybe it is about time to shed a tear and discover what happens to bitcoin without Gox.
Maybe.

Then deposits wouldn't arrive either.

Damn good point. I got to a stupid conclusion Embarrassed

thanks for spotting it straightaway.
Ah well I blame it on this morning's hangover. Need more coffee.

sacko

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Mmm... I sense a replay of the Dwolla-news-effect is coming - just an order of magnitude bigger this time.
Prepare to see price going up on Gox and down on other exchanges.

Nothing but wishful thinking Roll Eyes

samson

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Quote from: EuroTrash on June 20, 2013, 04:09:04 AM

Quote from: ShroomsKit on June 20, 2013, 04:07:32 AM

Bad news ad infinitum, be prepared for the coming weekend dip.

Mmm... I sense a replay of the Dwolla-news-effect is coming - just an order of magnitude bigger this time.
Prepare to see price going up on Gox and down on other exchanges.

Where we go from there is uncharted territory. Make your bets gentlemen Cool

Yes, the Dwolla incident is going to look like small change when compared with the coming exodus of USD from MtGox.

Wire transfers are how the big money moves. There's going to be some pissed off people with USD on the exchange. Even if they weren't planning on making a withdrawal I suspect they might buy BTC just to move it due to this.

I moved all of my remaining funds already when one of my withdrawals wasn't processed last week.

EuroTrash

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Quote from: EuroTrash on June 20, 2013, 04:03:21 AM

Quote from: adamstgBit on June 19, 2013, 07:03:39 PM

Quote from: EuroTrash on June 20, 2013, 04:03:21 AM

MtGox aren't sending international wires out since last week.

Call it a hunch but I'm going to say this might put some people off making deposits.

BS pics or it didn't happen

It's worse than I initially thought - USD withdrawals suspended for 2 weeks !

https://mtgox.com/press_release_20130620.html

As usual their communication is amateur BS.
Maybe behind the curtains their Japan bank account has been frozen for 30 days pending review.
Inside our hearts we all know that sooner or later it was going to happen. Maybe it is about time to shed a tear and discover what happens to bitcoin without Gox.
Maybe.

Then deposits wouldn't arrive either.

Damn good point. I got to a stupid conclusion Embarrassed

thanks for spotting it straightaway.
Ah well I blame it on this morning's hangover. Need more coffee.

samson

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Activity: 2097

Merit: 1070

As usual their communication is amateur BS.
Maybe behind the curtains their Japan bank account has been frozen for 30 days pending review.
Inside our hearts we all know that sooner or later it was going to happen. Maybe it is about time to shed a tear and discover what happens to bitcoin without Gox.
Maybe.

Not quite - I did a $10k withdrawal last Wednesday and it arrived in my Bank on Thursday.

I did another one on Thursday and it did not get sent.

Whatever happened happened either late last Wednesday or sometime on Thursday.

Many people have been complaining about missing transfers since Thursday 13th over on the service discussion forum.

EuroTrash

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Quote from: EuroTrash on June 20, 2013, 04:03:21 AM

Bad news ad infinitum, be prepared for the coming weekend dip.

Mmm... I sense a replay of the Dwolla-news-effect is coming - just an order of magnitude bigger this time.
Prepare to see price going up on Gox and down on other exchanges.

Where we go from there is uncharted territory. Make your bets gentlemen Cool

ShroomsKit

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Quote from: adamstgBit on June 19, 2013, 07:03:39 PM

MtGox aren't sending international wires out since last week.

Call it a hunch but I'm going to say this might put some people off making deposits.

BS pics or it didn't happen

It's worse than I initially thought - USD withdrawals suspended for 2 weeks !

https://mtgox.com/press_release_20130620.html

As usual their communication is amateur BS.
Maybe behind the curtains their Japan bank account has been frozen for 30 days pending review.
Inside our hearts we all know that sooner or later it was going to happen. Maybe it is about time to shed a tear and discover what happens to bitcoin without Gox.
Maybe.

Then deposits wouldn't arrive either.

EuroTrash

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Activity: 728

Merit: 500

Quote from: adamstgBit on June 19, 2013, 07:03:39 PM

Quote from: gizmoh on June 20, 2013, 03:40:03 AM

MtGox aren't sending international wires out since last week.

Call it a hunch but I'm going to say this might put some people off making deposits.

BS pics or it didn't happen

It's worse than I initially thought - USD withdrawals suspended for 2 weeks !

https://mtgox.com/press_release_20130620.html

As usual their communication is amateur BS.
Maybe behind the curtains their Japan bank account has been frozen for 30 days pending review.
Inside our hearts we all know that sooner or later it was going to happen. Maybe it is about time to shed a tear and discover what happens to bitcoin without Gox.
Maybe.

sacko

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Bad news ad infinitum, be prepared for the coming weekend dip.

ChartBuddy

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bangersdad

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Quote from: adamstgBit on June 19, 2013, 07:03:39 PM

Quote from: adamstgBit on June 19, 2013, 06:03:33 PM

good stuff

now just wait till the money from the gold sell off gets here Grin

MtGox aren't sending international wires out since last week.

Call it a hunch but I'm going to say this might put some people off making deposits.

BS pics or it didn't happen

It's worse than I initially thought - USD withdrawals suspended for 2 weeks !

https://mtgox.com/press_release_20130620.html

Damn, their statement makes no sense, if there is rising volumes why only withdrawals are affected..meaning higher rate of cash out..more money out of Bitcoin 'economy' than in. Or they have cash flow issues, funds stuck somewhere like in the USA bank seizure in dwolla affair..

Has this got anything to do with the DHS?....are they able to access the gox details for accounts withdrawals are being made to? i do not believe that higher demand would cause a 2 week delay.

gizmoh

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Quote from: adamstgBit on June 19, 2013, 07:03:39 PM

Quote from: adamstgBit on June 19, 2013, 06:03:33 PM

good stuff

now just wait till the money from the gold sell off gets here Grin

MtGox aren't sending international wires out since last week.

Call it a hunch but I'm going to say this might put some people off making deposits.

BS pics or it didn't happen

It's worse than I initially thought - USD withdrawals suspended for 2 weeks !

https://mtgox.com/press_release_20130620.html

Damn, their statement makes no sense, if there is rising volumes why only withdrawals are affected..meaning higher rate of cash out..more money out of Bitcoin 'economy' than in. Or they have cash flow issues, funds stuck somewhere like in the USA bank seizure in dwolla affair..

samson

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Quote from: adamstgBit on June 19, 2013, 07:03:39 PM