Bitstamp! Don't tell me your down now...
y u do this
edit: well that was quick. Man, are we really going to rally now?
y u do this
edit: well that was quick. Man, are we really going to rally now?
Yes we are, fasten your seatbelts please.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33701. (Read 26712305 times)
May 16, 2013, 05:06:28 PM
Yes we are, fasten your seatbelts please.
May 16, 2013, 05:05:44 PM
Warning!
Bitcoin recently made mainstream news across the globe, with this news comes a record amount of capital getting ready to be allocated in the bitcoin space. But at the same time bitcoin has had a rough couple of weeks, DDOS, hacks, government seizures, the works!, this has temporally scared the newcomers and their massives amounts of capital. Once the news spreads of bitcoins epic triumphs over insurmountable odds, Mass panic buying will once again take the market by storm
We are sitting on a ticking time bomb! The market may blow the fuck up at any moment.
proceed to the nearest exchange and go crazy
This is not a drill, I repeat this is not a drill!
TIME IS NOW
Bitcoin recently made mainstream news across the globe, with this news comes a record amount of capital getting ready to be allocated in the bitcoin space. But at the same time bitcoin has had a rough couple of weeks, DDOS, hacks, government seizures, the works!, this has temporally scared the newcomers and their massives amounts of capital. Once the news spreads of bitcoins epic triumphs over insurmountable odds, Mass panic buying will once again take the market by storm
We are sitting on a ticking time bomb! The market may blow the fuck up at any moment.
proceed to the nearest exchange and go crazy
This is not a drill, I repeat this is not a drill!
TIME IS NOW
May 16, 2013, 05:05:33 PM
Don't forget about bears between us
May 16, 2013, 05:05:18 PM
Bitstamp! Don't tell me your down now...
y u do this
y u do this
Up 4 me
May 16, 2013, 05:04:28 PM
It's pure Gox-comedy that this was ever possible in the first place 
...
"Until now you could just pretend you had money or coins and place orders ..."
Bitstamp (rightly) won't let you do this. I'd be surprised if there are many exchanges on which this was ever possible. OK ... you can list something on Ebay that you don't have, but that's a bit different ...
..."Until now you could just pretend you had money or coins and place orders ..."
Bitstamp (rightly) won't let you do this. I'd be surprised if there are many exchanges on which this was ever possible. OK ... you can list something on Ebay that you don't have, but that's a bit different ...
May 16, 2013, 05:03:47 PM
Bitstamp! Don't tell me your down now...
y u do this
edit: well that was quick. Man, are we really going to rally now?
y u do this
edit: well that was quick. Man, are we really going to rally now?
May 16, 2013, 05:02:40 PM
May 16, 2013, 04:59:12 PM
to think i wanted to sell below 116 this morning.. oh boy.. am i happy i didnt 
May 16, 2013, 04:58:42 PM
I strongly agree with Risto's opinion about $300k coins, but perhaps not before the end of the year. Before the end of the decade? That's very much possible.
I do think we will see $1k-$5k coins this year.
Going below $100 again? Possible, but not very likely for a prolonged period of time.
I do think we will see $1k-$5k coins this year.
Going below $100 again? Possible, but not very likely for a prolonged period of time.
May 16, 2013, 04:56:06 PM
I have heard before that bids can be put in without sufficient funds in the account
I'm not sure if those orders appeared in the order book or if it was something account internal, but I think you refer to this:
Quote
TOKYO - JAPAN - April 09, 2013
Orders will only be accepted when there are enough funds available in your wallet!
Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.
Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.
Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.
While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
Regards
Mt.Gox Co. Ltd Team.
Mt.Gox Contact [email protected]
Orders will only be accepted when there are enough funds available in your wallet!
Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.
Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.
Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.
While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
Regards
Mt.Gox Co. Ltd Team.
Mt.Gox Contact [email protected]
https://mtgox.com/press_release_20130409.html
The truth, as always when Gox something published. :-)
May 16, 2013, 04:52:18 PM
Either Bitcoin will die or the Dollar will die.
This probably isn't the place for an in depth philosophical discussion, so I'll just say that I don't at all believe those are the only two possibilities. Party on.
May 16, 2013, 04:47:48 PM
Looks like it broke through this time.
May 16, 2013, 04:46:46 PM
I was actually referring to comments about lag being caused by the trading engine having to check funds. I don't know at which stage of the process this was occurring and am not trying to spread any FUD. It was discussed here and someone probably knows the answer better than me
Yeah, I think that's what the announcement dexX7 posted is saying.
If I'm reading it right, prior to April 17th you could place an order without the funds to clear it in your account, and Gox would queue the order and check the funds later, just prior to execution, I'm guessing. Now, they are checking funds on order submission, which they they say will help with system performance.
Edit: crazy spelling
May 16, 2013, 04:45:05 PM
2,3k buy some seconds ago. New daily high: 117.10 USD.
May 16, 2013, 04:42:03 PM
I'm not sure your maths are solid there.
Government issued currencies can not survive competition with free market alternatives.Either Bitcoin will die or the Dollar will die.
May 16, 2013, 04:37:08 PM
If he's right about never seeing sub $100 again then he's also right about seeing $300k.
I'm not sure your maths are solid there.
May 16, 2013, 04:36:42 PM
I have heard before that bids can be put in without sufficient funds in the account
I'm not sure if those orders appeared in the order book or if it was something account internal, but I think you refer to this:
I was actually referring to comments about lag being caused by the trading engine having to check funds. I don't know at which stage of the process this was occurring and am not trying to spread any FUD. It was discussed here and someone probably knows the answer better than me
May 16, 2013, 04:34:02 PM
OANDA adds Bitcoin to their Currency Converter
http://www.oanda.com/corp/forex-lab-notes/2013/apr/22/why-we-added-bitcoin-oanda-currency-converter-1920/
http://www.oanda.com/corp/forex-lab-notes/2013/apr/22/why-we-added-bitcoin-oanda-currency-converter-1920/
April 22nd? Isn't that old news already?
Laughs. I'm awful.
May 16, 2013, 04:30:58 PM
I am speculating, I know, but it seems like a pretty rational strategy for anyone who is at all concerned about their fiat (and to a lesser extent their BTC) on Gox
I think you're right. Gox hasn't exactly been communicative about these recent events, and anytime a company's name appears on a seizure warrant it takes uncertainty to a whole new level. It's a bit reckless to leave money there until things become clearer.
I'm relieved that Bitfinex is reducing their Gox exposure as I have funds with them, but it's been killing me that I can't trade these spreads.
May 16, 2013, 04:30:54 PM
I have heard before that bids can be put in without sufficient funds in the account
I'm not sure if those orders appeared in the order book or if it was something account internal, but I think you refer to this:
Quote
TOKYO - JAPAN - April 09, 2013
Orders will only be accepted when there are enough funds available in your wallet!
Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.
Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.
Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.
While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
Regards
Mt.Gox Co. Ltd Team.
Mt.Gox Contact [email protected]
Orders will only be accepted when there are enough funds available in your wallet!
Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.
Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.
Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.
While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
Regards
Mt.Gox Co. Ltd Team.
Mt.Gox Contact [email protected]
https://mtgox.com/press_release_20130409.html
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