Topic: Wall Observer - MtGoxUSD wall movement tracker - page 138. (Read 1811599 times)

worst place to sell, 74 atm ... and very low bids, one could tank it there close to 0 I reckon ...

Last time I checked, the network was up. Blocks were being generated at about 6 per hour.

Yesterday during the crash, I withdrew BTC2000 from Mt.Gox in about 2 minutes. Everything worked perfectly. (Do not assume this was my funds as I do have a lot corporate accounts also.)

My business currently generates about 0.15% return on capital daily. Annualized, that is a mind-boggling 72%. As I keep all my funds in silver and bitcoins, the value appreciation comes on top of that. Very seldom can I generate such a return, my average over 10+ years is 15%.

I can still both buy and sell bitcoins for cash, and not long time ago I made a 26% spread on two €1000+ OTC transactions in 1 hour.

Silvervault opened bitcoin accounts for all its customers. Today's price was 40% lower than yesterday, giving a rather low-risk entry point for 800 investors currently 100,000 ounces long in silver. Silvervault can trade your physical silver for bitcoin for a click of a mouse in 190 countries.

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I think this has been a great week.

I may as well have a weekend effective immediately. If BTCitcoin price somewhere goes to $1 over the weekend so that I can actually buy it (could care less about exchanges that lag or do not allow trading), I will be the first to buy for my entire business income.

If every day I increase my bitcoin holdings by 0.15%, it will take less than 20 years for me to own all the bitcoins.

Sounds like a plan.

Fascinating how the LTC price is "pegged" to BTC after all. Who'd have thunk...

Because they were making more money in fees than ever before. People really, really should stop using MtGox.

Whilst trading on gox is suspended, you are still able to transfer your bitcoins to other sites like https://btc-e.com/ (which has been up during this whole crisis) to buy and sell. I would do it sooner rather than later, the price is plummeting.

Gentlemen,

posting in this thread is suspended until 02:00 zulu when "movement" will resume

Guys: WTF "market cooldown" means?

They are not saying: "system maintenance", or "server upgrade"...

They say market cooldown?

MtGox: market clowndown!

It seems like a catch-22 to me. The lag was already starting to pile up again, and the price accelerated towards 100$. So i guess no matter what they do, they take the risk of inducing another big drop.

I wonder what the guys from MTGOX were doing during the last 20 hours? Were they asleep? Were they sitting there waiting for the problem to fix itself? And why did they only now decide to take action? Puzzling...

Can we identify people DDOSing MtGox and kick their ass?

hmm , you're saying i can buy coins for $20 in couple of hours at bistamp?

LOL, you left it too long.

btc china still at 1000 cny - 160 usd

Was about to post the Twitter update but I see many already sent it out on the forums. 

Well, too late to stop the volatility but let's hope once they resume that the engine copes better.

If the break was for nothing more than the amount of time it takes to reduce/remove the lag, I don't think it would be a problem. But 12 hours it huge. They may just be upgrading their systems as they announced last night. But the 'cooldown' message conflicts with that.

Right ... so all it really takes is for one of this opportunists to flood Bitstamp with bitcoins, sell them all while GOX is offline driving the price down to $20, and BOOM! You have massive panic when GOX opens.

This will only drive the price FURTHER DOWN when the fucking trading resumes... Mark, you are an idiot....

10 PM EST, if they're actually coming back at 0200 UTC

trading goes on at the other exchanges ...

EXACTLY! Mark Karpeles is useless... I have been saying this for months now. He will drive MtGox to the ground, and BTC with it. NOW people are going to even panic more when trading resumes!!

HE IS SUCH AN IDIOT. This should have been done 36 hours ago... sigh... HE SHOULD BE SUED.

LOL

I started looking at the top, found it interesting...  until I scrolled down