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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33677. (Read 26712985 times)

sr. member
Activity: 350
Merit: 250
This account was recently hacked
This entire line of conversation is a stark reminder that it does not matter what currency dominates the world.  At the end of the day, rich people still will look down on poor people so nothing will ever change in that capacity.  Rich people will be dorkier than they are today, but just as hateful and oppressive as rich people have ever been.

Really sad and depressing way to start the morning.   Cry

+1

Their manipulation of the BTC market is annoying too.  That is on topic, after all isn't this the wall movement tracker thread?  It's their walls that are messing everything up.  If more money does come into BTC then even they won't be able to afford to do that any more, which will let BTC reflect its true value and can only be a good thing.  That is of course until the scumbag banks join in with even bigger walls of course.
sr. member
Activity: 252
Merit: 250
This entire line of conversation is a stark reminder that it does not matter what currency dominates the world.  At the end of the day, rich people still will look down on poor people so nothing will ever change in that capacity.  Rich people will be dorkier than they are today, but just as hateful and oppressive as rich people have ever been.

Really sad and depressing way to start the morning.   Cry
legendary
Activity: 1246
Merit: 1000

These people who have pulled out may or may not have used Dwolla in the past and probably don't realise that it's mainly used by pennyless noobs gambling with their day to day living expenses instead of well funded traders.

Yes, damn those poor people trying to get off of the bottom rung of life, it shouldn't be allowed! Tongue

Stopping Dwolla is a good way of oppressing the poor and maintaining the status quo.

*puts on tinfoil hat, salutes Che Guevara poster, and goes to work at breadline wage job*

I don't understand what people without a lot of capital are doing on MtGox anyway. There are cheaper and better ways for the 'poor' to acquire bitcoins, Bitstamp for instance offers bitcoins at a nice discount right now. Tongue
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100

These people who have pulled out may or may not have used Dwolla in the past and probably don't realise that it's mainly used by pennyless noobs gambling with their day to day living expenses instead of well funded traders.


Yes, damn those poor people trying to get off of the bottom rung of life, it shouldn't be allowed! Tongue

Stopping Dwolla is a good way of oppressing the poor and maintaining the status quo.

*puts on tinfoil hat, salutes Che Guevara poster, and goes to work at breadline wage job*

legendary
Activity: 2097
Merit: 1070
This "Get-out-of-Gox" yankee-rally won't last long Cheesy [emphasis added by Pzi4nk]

Is this a baseball thing?

It's more of an idiot thing.

A few vocal people who trade with 'pocket change' amounts of money can't make a withdrawal for 25 cents any more and this is creating a big problem for them.

They think it's causing a 'bank run' on MtGox - it's hilarious.

Dwolla = Dust transactions.

Indeed. The theory is that dwolla users (which is USA customers only) are converting their fiat on gox into btc in order to shift it elsewhere, hence artificially driving up the price, towing bitstamp and other markets upward.

However, major dollar buyers would use wire transfers and remain unaffected, so probably the theory is lame, and BTC was headed up anyway,



hmmm, ok I didn't understand dwolla completely, but there are some massive ask walls getting in the way on bitstamp at this time... they are relatively new. I for one will cash out via bitstamp if/when I need to purely for convenience... I guess maybe that's what the other guys are thinking

I'm getting the impression that some people are 'running for their lives' to save their money before everything is closed down all based on rumour and innuendo which has been spread around by people like d5000 and jaroslaw.

These people who have pulled out may or may not have used Dwolla in the past and probably don't realise that it's mainly used by pennyless noobs gambling with their day to day living expenses instead of well funded traders.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
This "Get-out-of-Gox" yankee-rally won't last long Cheesy [emphasis added by Pzi4nk]

Is this a baseball thing?

It's more of an idiot thing.

A few vocal people who trade with 'pocket change' amounts of money can't make a withdrawal for 25 cents any more and this is creating a big problem for them.

They think it's causing a 'bank run' on MtGox - it's hilarious.

Dwolla = Dust transactions.

Indeed. The theory is that dwolla users (which is USA customers only) are converting their fiat on gox into btc in order to shift it elsewhere, hence artificially driving up the price, towing bitstamp and other markets upward.

However, major dollar buyers would use wire transfers and remain unaffected, so probably the theory is lame, and BTC was headed up anyway,



hmmm, ok I didn't understand dwolla completely, but there are some massive ask walls getting in the way on bitstamp at this time... they are relatively new. I for one will cash out via bitstamp if/when I need to purely for convenience... I guess maybe that's what the other guys are thinking
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Solex, that's a great signature.

"Got a new wallet? Here's a test address to practice sending to: 18acC6avzFy495oQWbRtr2Z7hirYW4u8DD"

Do you get many takers?

ha, thanks. 4 donations in 4 months, but each time getting smaller....  will be a long while to get to 1 BTC at this rate tho.
Don't forget you can check any address this way:
https://blockchain.info/address/18acC6avzFy495oQWbRtr2Z7hirYW4u8DD
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 70
Merit: 10
Move over clarinets, I'm getting on the band wagon
Solex, that's a great signature.

"Got a new wallet? Here's a test address to practice sending to: 18acC6avzFy495oQWbRtr2Z7hirYW4u8DD"

Do you get many takers?
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
This "Get-out-of-Gox" yankee-rally won't last long Cheesy [emphasis added by Pzi4nk]

Is this a baseball thing?

It's more of an idiot thing.

A few vocal people who trade with 'pocket change' amounts of money can't make a withdrawal for 25 cents any more and this is creating a big problem for them.

They think it's causing a 'bank run' on MtGox - it's hilarious.

Dwolla = Dust transactions.

Indeed. The theory is that dwolla users (which is USA customers only) are converting their fiat on gox into btc in order to shift it elsewhere, hence artificially driving up the price, towing bitstamp and other markets upward.

However, major dollar buyers would use wire transfers and remain unaffected, so probably the theory is lame, and BTC was headed up anyway,
legendary
Activity: 2097
Merit: 1070
This "Get-out-of-Gox" yankee-rally won't last long Cheesy [emphasis added by Pzi4nk]

Is this a baseball thing?

It's more of an idiot thing.

A few vocal people who trade with 'pocket change' amounts of money can't make a withdrawal for 25 cents any more and this is creating a big problem for them.

They think it's causing a 'bank run' on MtGox - it's hilarious.

Dwolla = Dust transactions.
member
Activity: 70
Merit: 10
Move over clarinets, I'm getting on the band wagon
This "Get-out-of-Gox" yankee-rally won't last long Cheesy [emphasis added by Pzi4nk]

Is this a baseball thing?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
The cool thing about this conference is that I got to chat with Brian Armstrong before he went on to Free Talk Live, and I learned why they had so many problems with low daily limits on the number of BTC they could sell. It was because of limitations placed on them by their bank, not anything inherent to their processes or backend capability. Apparently the bank has removed this limit as a result of their success in raising $5 million in additional capital.

Once awareness of this increased capability spreads, I expect it to have the same effect on the price in the medium term that their initial unveiling of ACH purchases had back at the end of January.

Great inside info JR. Interesting.
legendary
Activity: 2097
Merit: 1070
This "Get-out-of-Gox" yankee-rally won't last long Cheesy

I don't see the volume for that

From what I understand the Dwolla users transfer a few hundred dollars at a time so there's no surprise there.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1600
Merit: 1014
This "Get-out-of-Gox" yankee-rally won't last long Cheesy

I don't see the volume for that
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