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Topic: Where is GOX going? - page 2. (Read 2870 times)

sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
February 13, 2014, 04:09:23 AM
#29
Quote
Gox do not have the realcoins and realcash to match everyone's goxcoins and goxcash.


Who does the trading fees go to?
This person

hero member
Activity: 616
Merit: 500
February 13, 2014, 04:05:04 AM
#28
Quote
Gox do not have the realcoins and realcash to match everyone's goxcoins and goxcash.


Who does the trading fees go to?
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
February 13, 2014, 03:49:01 AM
#27
Dang it. I was going to short at 500 but my bitcoin is stuck at blockchain reaction.  Angry

BTC to 480 and falling  Sad
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 13, 2014, 03:39:54 AM
#26
Disappearing BTC is not new, and not a single person has ever been arrested for pilfering BTC and never will.

Yeah... That's never ever happened...

http://mugshots.com/US-Counties/Texas/Collin-County-TX/Trendon-Shavers.66013789.html
hero member
Activity: 728
Merit: 500
February 13, 2014, 03:37:30 AM
#25
guys, this is all a giant con.

Gox is broke. Gox is a relic of early adopters' Far West.
Gox do not have the realcoins and realcash to match everyone's goxcoins and goxcash.
They got fucked by seizures, hackers and their own incompetence (and they are possibly not the only ones btw).
The latter they are blaming on the protocol in a calculated attempt to bring the price down so they can reduce the weight of their own obligations.
By now goxcoins and goxdollars are like credit default swaps, and are traded accordingly, mostly by insiders.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
February 13, 2014, 03:13:15 AM
#24
Hold
Do you mean hodl? Huh

If so, I have an answer:

Code:
printf ("no");

 Tongue
member
Activity: 60
Merit: 10
February 13, 2014, 03:02:03 AM
#23
Hold
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
February 13, 2014, 02:45:13 AM
#22
SELL ALL YOUR COINS ON GOX NOW
Their EURO, AUD, YEN and most currencies i think now are fine for withdrawals - it might take you 4 weeks to get your money - but you will get it.
SELL THEM NOW
I would if this wasn't true  Roll Eyes
all my bitcoins are stuck in blockchain-reaction.com  Roll Eyes

please hold the 500 price for me so I can short on margin later Smiley
sr. member
Activity: 339
Merit: 250
February 13, 2014, 02:43:14 AM
#21
SELL ALL YOUR COINS ON GOX NOW
Their EURO, AUD, YEN and most currencies i think now are fine for withdrawals - it might take you 4 weeks to get your money - but you will get it.
SELL THEM NOW
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
February 13, 2014, 02:36:50 AM
#20
all my bitcoins are stuck in blockchain-reaction.com  Roll Eyes

please hold the 500 price for me so I can short on margin later Smiley
legendary
Activity: 2114
Merit: 1015
February 13, 2014, 02:31:12 AM
#19
sr. member
Activity: 280
Merit: 250
February 13, 2014, 02:21:42 AM
#18
Gox is currently in the process of running batch programs to transfer all BTC within there domain outside. They are not currently allowing transactions from a MtGox bitcoin wallet to an external bitcoin address. This is so that users can continue to see false information as to their balances while they pilfer the loot. They will be posting shortly that due to a technical problem beyond their control all is lost. They are currently allowing transfers of BTC between Gox addresses, as those are fake and within their control. They are also allowing currency withdrawals (Yen, Euro, etc.) as those are government backed currencies and stealing those will get you jailed. Disappearing BTC is not new, and not a single person has ever been arrested for pilfering BTC and never will. So where is BTC going, I'll tell you, it is going, going, gone baby, and the MTGox people are already on a plane to someplace nice and warm Wink

In countries where Bitcoin is considered a commodity, its theft most certainly can and will be prosecuted.  Successfully prosecuted is another story.

I think the real question is whether bitcoins can actually be owned.  A private key just gives you access to a particular wallet, and not even exclusive access (for instance, who owns the "password" brain wallet?).
hero member
Activity: 686
Merit: 500
Ultranode
February 12, 2014, 11:43:52 PM
#17
You are generalizing from historical data. My point still stands. Your strategy will work until it doesn't and is generally bad advice, unless you are from the future or have inside information.

Every strategy will work until it doesn't and is generally bad advice.

That's why I initially said, "This is not advice".

Yes to the first part, but not every strategy is bad advice.

Anyway, I give up on you. You are a stupid, stupid person.
legendary
Activity: 1120
Merit: 1012
February 12, 2014, 11:38:34 PM
#16
You are generalizing from historical data. My point still stands. Your strategy will work until it doesn't and is generally bad advice, unless you are from the future or have inside information.

Every strategy will work until it doesn't and is generally bad advice.

That's why I initially said, "This is not advice".
hero member
Activity: 686
Merit: 500
Ultranode
February 12, 2014, 11:36:31 PM
#15
You are generalizing from historical data. My point still stands. Your strategy will work until it doesn't and is generally bad advice, unless you are from the future or have inside information.
newbie
Activity: 6
Merit: 1
February 12, 2014, 11:35:42 PM
#14
Gox is currently in the process of running batch programs to transfer all BTC within there domain outside. They are not currently allowing transactions from a MtGox bitcoin wallet to an external bitcoin address. This is so that users can continue to see false information as to their balances while they pilfer the loot. They will be posting shortly that due to a technical problem beyond their control all is lost. They are currently allowing transfers of BTC between Gox addresses, as those are fake and within their control. They are also allowing currency withdrawals (Yen, Euro, etc.) as those are government backed currencies and stealing those will get you jailed. Disappearing BTC is not new, and not a single person has ever been arrested for pilfering BTC and never will. So where is BTC going, I'll tell you, it is going, going, gone baby, and the MTGox people are already on a plane to someplace nice and warm Wink
legendary
Activity: 1120
Merit: 1012
February 12, 2014, 11:27:23 PM
#13
I'm afraid if I short it will go back up.   Undecided

In this market you make money by doing the opposite of what everyone else is doing.

Disclaimer: This is not advice, just an observation of mine.

Generally, that only works if you can predict the future.

Generally, that's what speculation is all about.

Generally, speculation is about making wild guesses. I.e., not knowing of the future.

If you do the opposite of everyone else, most of the time you will lose along with everyone else, usually even faster.

When you see weeks of giant green candles, you should be selling, not buying. When you see weeks of giant red candles, you should be buying, not selling.

If you do that, you are probably going to make money.
hero member
Activity: 686
Merit: 500
Ultranode
February 12, 2014, 11:23:17 PM
#12
I'm afraid if I short it will go back up.   Undecided

In this market you make money by doing the opposite of what everyone else is doing.

Disclaimer: This is not advice, just an observation of mine.

Generally, that only works if you can predict the future.

Generally, that's what speculation is all about.

Generally, speculation is about making wild guesses. I.e., not knowing of the future.

If you do the opposite of everyone else, most of the time you will lose along with everyone else, usually even faster.

*edit*

Kindly stfu. I am right, you are wrong.
legendary
Activity: 1120
Merit: 1012
February 12, 2014, 11:20:41 PM
#11
I'm afraid if I short it will go back up.   Undecided

In this market you make money by doing the opposite of what everyone else is doing.

Disclaimer: This is not advice, just an observation of mine.

Generally, that only works if you can predict the future.

Generally, that's what speculation is all about.
hero member
Activity: 686
Merit: 500
Ultranode
February 12, 2014, 11:16:40 PM
#10
I'm afraid if I short it will go back up.   Undecided

In this market you make money by doing the opposite of what everyone else is doing.

Disclaimer: This is not advice, just an observation of mine.

Generally, that only works if you can predict the future.
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