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Title: Today, We all saw how weak bitcoin is Post by: banaltcoin on February 10, 2014, 06:15:48 PM A single exchanger effected & played & scammed all bitcoin exchangers, all bitcoin users so much within one single day, how much money on bitcoin has been lost in 24 hours?
Imagine what will happen when BTC-E run away or crashed for whatever reasons? Imagine what will happen when Bitstamp run away or crashed for whatever reasons? I am sure these are all going to happen sooner or later,BTC-E & BITSTAMP get caught for Money Laundering is just a time question A private company so called Bitcoin Foundation, having such a evil man Mark Karpeles being a board member, does control Bitcoin Client QT, Bitcoind still advertising MTGOX, allowing Transaction malleability Bug exist which has been known about since 2011 - https://bitcoinfoundation.org/blog/ Do you still think Bitcoin will be the world currency? In case you don't know yet, Mark Karpeles is the ceo of Mtgox and This isn't the first time he hurt us Quote The Bitcoin Foundation pays Gavin to maintain the reference Bitcoin client. Peter Vessenes is the Chairman of the Bitcoin Foundation, and the Founder of CoinLab. MtGox (Mark Karpeles) is also a member of the Bitcoin Foundation. Over the past 18 months or so, Gavin made a lot of changes to the Bitcoin protocol in a relatively short amount of time, including forcing a hard fork. Many observers noted at the time that this was unwise. CoinLab and MtGox are involved in some sort of lawsuit involving an agreement to transfer customers from MtGox to CoinLab. MtGox appears to have been unable to keep up with the changes to the Bitcoin protocol. Anything inaccurate about this assessment? I'm trying to maintain a relatively neutral view of the facts, but that's difficult as a Foundation non-member, since the Foundation does everything in secret. So if anything is mistaken please let me know. But, beyond just the obvious facts, would anyone like to discuss the obvious clusterfuck of interests going on here? Should I even mention BitInstant? https://bitcointalk.org/index.php?topic=458575.msg5059553#msg5059553 Title: Re: Today, We all saw how weak bitcoin is Post by: silenstorm on February 10, 2014, 06:16:59 PM Imagine China refusing to use the US dollar. How much will it collapse?
Title: Re: Today, We all saw how weak bitcoin is Post by: rat on February 10, 2014, 06:17:23 PM you new? Title: Re: Today, We all saw how weak bitcoin is Post by: Lauda on February 10, 2014, 06:18:15 PM Imagine China refusing to use the US dollar. How much will it collapse? It would probably crash.@OP Enough with the FUD spreading already. Title: Re: Today, We all saw how weak bitcoin is Post by: smoothie on February 10, 2014, 06:19:08 PM I disagree with your TITLE of this thread.
BITCOIN =/= MTGOX BITCOIN > MTGOX Title: Re: Today, We all saw how weak bitcoin is Post by: gentlemand on February 10, 2014, 06:19:48 PM Bitcoin is fine. It's the minority of squealing pussies who hold it and the scum who inhabit the ecosystem who are the weak players. They'll get shaken out eventually.
Title: Re: Today, We all saw how weak bitcoin is Post by: Caiapfas on February 10, 2014, 06:21:25 PM A single exchanger played & scammed all bitcoin exchangers, all bitcoin users within one single day, how much money on bitcoin has been lost in 24 hours? Imagine what will happen when BTC-E run away or crashed for whatever reasons? Imagine what will happen when Bitstamp run away or crashed for whatever reasons? I am sure these are all going to happen sooner or later just like TradeHill and Mtgox A private company so called Bitcoin Foundation, having such a evil man Mark Karpeles being a board member, does control Bitcoin Client QT, Bitcoind.exe still advertising MTGOX, allowing Transaction malleability Bug exist which has been known about since 2011 - https://bitcoinfoundation.org/blog/ Do you still think Bitcoin will be the world currency? In case you don't know yet, Mark Karpeles is the ceo of Mtgox Quote The Bitcoin Foundation pays Gavin to maintain the reference Bitcoin client. Peter Vessenes is the Chairman of the Bitcoin Foundation, and the Founder of CoinLab. MtGox (Mark Karpeles) is also a member of the Bitcoin Foundation. Over the past 18 months or so, Gavin made a lot of changes to the Bitcoin protocol in a relatively short amount of time, including forcing a hard fork. Many observers noted at the time that this was unwise. CoinLab and MtGox are involved in some sort of lawsuit involving an agreement to transfer customers from MtGox to CoinLab. MtGox appears to have been unable to keep up with the changes to the Bitcoin protocol. Anything inaccurate about this assessment? I'm trying to maintain a relatively neutral view of the facts, but that's difficult as a Foundation non-member, since the Foundation does everything in secret. So if anything is mistaken please let me know. But, beyond just the obvious facts, would anyone like to discuss the obvious clusterfuck of interests going on here? Should I even mention BitInstant? https://bitcointalk.org/index.php?topic=458575.msg5059553#msg5059553 Never thought bitcoin or any crypto will be a world currency until the day it offers the same protection as the USD Title: Re: Today, We all saw how weak bitcoin is Post by: Lauda on February 10, 2014, 06:21:51 PM I disagree with your TITLE of this thread. Random people spreading FUD --> 'sheep' population starts panicking. We don't need FUD, and above all we don't need Gox.BITCOIN =/= MTGOX BITCOIN > MTGOX Title: Re: Today, We all saw how weak bitcoin is Post by: rat on February 10, 2014, 06:24:20 PM FUD makes me money. be quiet. Title: Re: Today, We all saw how weak bitcoin is Post by: Meuh6879 on February 10, 2014, 07:45:54 PM Title: Re: Today, We all saw how weak bitcoin is Post by: BitcoinSniper on February 10, 2014, 07:49:56 PM Title: Re: Today, We all saw how weak bitcoin is Post by: franky1 on February 10, 2014, 07:50:38 PM OP spreading propaganda
bitcoin has not lost anything............. for every panic seller there is a buyer who gets cheap coins. it all balances itself out. if anyone feels a crash is bad, that is purely because they sold at a loss and panicked. never sell at a loss. when a crash happens. you dont sell... you buy, and youbuy as much as you can (without risk) so that you can sell later for profit. why would any normal person sell at a loss. i do not have a glass half empty mindset i do not have a glass half full mindset i do have a glass with something always inside mindset Title: Re: Today, We all saw how weak bitcoin is Post by: BitcoinSniper on February 10, 2014, 07:51:46 PM I disagree with your TITLE of this thread. Random people spreading FUD --> 'sheep' population starts panicking. We don't need FUD, and above all we don't need Gox.BITCOIN =/= MTGOX BITCOIN > MTGOX Title: Re: Today, We all saw how weak bitcoin is Post by: Minefield4 on February 10, 2014, 07:55:14 PM OP spreading propaganda Probably people who invested more then they could 'afford' to lose. So rather then lose everything, they choose to just loose most of it...bitcoin has not lost anything............. for every panic seller there is a buyer who gets cheap coins. it all balances itself out. if anyone feels a crash is bad, that is purely because they sold at a loss and panicked. never sell at a loss. when a crash happens. you dont sell... you buy, and youbuy as much as you can (without risk) so that you can sell later for profit. why would any normal person sell at a loss. I expect that is their logic. Ah well, for some to rise others must fall. Title: Re: Today, We all saw how weak bitcoin is Post by: franky1 on February 10, 2014, 07:59:11 PM Ah well, for some to rise others must fall. but if everyone sold at profit, then those buying in would keep the price going up by eating up the sell wall.. thats my logic. but the logic of sheep people infuriates me, its like they have all been taught the false rules of trading that banks like to teach. EG when a bank tells you to buy, its because they already have and they want you to buy their sells. EG when gold speculators tell you to buy gold, its because their ready to sell Title: Re: Today, We all saw how weak bitcoin is Post by: corebob on February 10, 2014, 08:01:49 PM I disagree.
Its one of bitcoins strength that the price reflects the market immidiately, and nobody can change it happening. In fact, this particular property of bitcoin is the closest you will ever get to devine intervention Title: Re: Today, We all saw how weak bitcoin is Post by: Newmine on February 10, 2014, 08:14:40 PM I disagree. Its one of bitcoins strength that the price reflects the market immidiately, and nobody can change it happening. In fact, this particular property of bitcoin is the closest you will ever get to devine intervention The stock markets do this as well. At least in today's age. Title: Re: Today, We all saw how weak bitcoin is Post by: banaltcoin on February 11, 2014, 12:13:04 AM things like this will happen again and again until every one gone
Title: Re: Today, We all saw how weak bitcoin is Post by: DeathAndTaxes on February 11, 2014, 12:15:21 AM I disagree. Its one of bitcoins strength that the price reflects the market immidiately, and nobody can change it happening. In fact, this particular property of bitcoin is the closest you will ever get to devine intervention The stock markets do this as well. At least in today's age. Not always. News after hours isn't reflected immediately. "Circuit breakers" will halt trading for a "cool off period". Exchange regulators will often freeze trading if there are unsubstantiated rumors. Bitcoin markets are probably the closest thing to a "free" market in the world. That might not last long though but you can tell your grandkids about how you traded when the exchange rate was set solely by supply and demand. Title: Re: Today, We all saw how weak bitcoin is Post by: Tripjammer on February 11, 2014, 12:38:10 AM It looks like bitcoin survived today. It could have been much worse. I feel good for tomorrow. Mt GOX needs to go the way of the dinosaurs though.
Bitcoin will be back up over $1200 by summer...if not earlier. Title: Re: Today, We all saw how weak bitcoin is Post by: MicroGuy on February 11, 2014, 01:26:36 AM Do you still think Bitcoin will be the world currency? Bitcoin by its ingenious design is like a runaway train. If we all stepped away the train would continue to build steam. Title: Re: Today, We all saw how weak bitcoin is Post by: p2pbucks on February 11, 2014, 01:28:52 AM Stupid wall street FUDers show time ? ;D
Title: Re: Today, We all saw how weak bitcoin is Post by: Sage on February 11, 2014, 02:48:31 AM All this gets solved permanently once we have a decentralized exchange.
Those projects are already in the pipes. It's only a matter of time. We will have a decentralized exchange that cannot get taken down, co-opted, or subject to any 3rd party trust. Unfortunately we have to deal with the centralized exchanges in the meantime. But, bad news for the lemmings like this is good news for investors with vision. Title: Re: Today, We all saw how weak bitcoin is Post by: Honeypot on February 11, 2014, 02:59:38 AM Correction.
Today, We all saw how weak PEOPLE who use bitcoins are. Title: Re: Today, We all saw how weak bitcoin is Post by: EchoingUprise on February 11, 2014, 03:18:13 AM Correction. Today, We all saw how weak PEOPLE who use bitcoins are. True, but some people just have a tendency to overreact and trust news outlets too much. I cannot even count anymore how often the news gets something about bitcoin incorrect. Title: Re: Today, We all saw how weak bitcoin is Post by: BittBurger on February 11, 2014, 03:28:23 AM A single exchanger effected & played & scammed all bitcoin exchangers, all bitcoin users so much within one single day, how much money on bitcoin has been lost in 24 hours? Absolutely none. Because it will recover, and surpass the last high. This is almost a guaranteed fact. The real question is, why do so many people, like you, put blinders on when the price drops and forget that this is part of the overall process? It goes up. It goes down. Its both fascinating and infuriating seeing such simple minded nonsense come from higher life forms. Does it really require an IQ over 120 to remember that? Money wasn't lost today. The price dropped. The only people who lost money, are the weak hands who sold on the way down. -B- Title: Re: Today, We all saw how weak bitcoin is Post by: mdotstrange on February 11, 2014, 06:12:50 AM Correction. Today, We all saw how weak PEOPLE who use bitcoins are. True Dat! Bitcoin is SOLID- human beings can be all wimpy and squishy though :) Title: Re: Today, We all saw how weak bitcoin is Post by: banaltcoin on February 12, 2014, 05:40:33 PM bitcoin bubble burst !
30% money is gone, want to lose more? keep buying then :D Title: Re: Today, We all saw how weak bitcoin is Post by: igorr on February 12, 2014, 05:43:26 PM Title: Re: Today, We all saw how weak bitcoin is Post by: BTCisthefuture on February 12, 2014, 05:55:53 PM Imagine if any sort of exchange not related to bitcoin had issues and stopp withdraw temporarily. Think what would happen if the new york stock exchange had problems. That doesn't mean stocks are weak as they crash because of an exchange messing up.
It's not that bitcoin is "weak" it's that the foundation around bitcoin is still immature and in many ways amateurish. This should improve as time goes on and customers demand better services and companies pop up willing and able meet that demand. It's still a young industry, give it some more time for more legitimate and well ran companies to move into the scene. Title: Re: Today, We all saw how weak bitcoin is Post by: lm2f on February 12, 2014, 05:56:44 PM It's OK folks! The software programmers are just skimming a little off the top. Bitchcoin will be back and running smoothly until its time for the next skimming.
Title: Re: Today, We all saw how weak bitcoin is Post by: Newmine on February 14, 2014, 12:50:12 AM I disagree. Its one of bitcoins strength that the price reflects the market immidiately, and nobody can change it happening. In fact, this particular property of bitcoin is the closest you will ever get to devine intervention The stock markets do this as well. At least in today's age. Not always. News after hours isn't reflected immediately. "Circuit breakers" will halt trading for a "cool off period". Exchange regulators will often freeze trading if there are unsubstantiated rumors. Bitcoin markets are probably the closest thing to a "free" market in the world. That might not last long though but you can tell your grandkids about how you traded when the exchange rate was set solely by supply and demand. Title: Re: Today, We all saw how weak bitcoin is Post by: igorr on February 14, 2014, 12:52:30 AM Gox 444 usd !
Title: Re: Today, We all saw how weak bitcoin is Post by: mzp on February 14, 2014, 12:58:21 AM Gox will continue to crumble to zero. Why should stamp and others follow it? Makes no sense. I am watching for the moment Gox keeps falling and all the others wake up and pull away the other direction. That would be good drama.
Title: Re: Today, We all saw how weak bitcoin is Post by: igorr on February 14, 2014, 01:01:16 AM Gox will continue to crumble to zero. Why should stamp and others follow it? Makes no sense. I am watching for the moment Gox keeps falling and all the others wake up and pull away the other direction. That would be good drama. All falling, 585 usd btc-e Title: Re: Today, We all saw how weak bitcoin is Post by: cbeast on February 14, 2014, 01:05:43 AM Correction. Today, We all saw how weak PEOPLE who use bitcoins are. True Dat! Bitcoin is SOLID- human beings can be all wimpy and squishy though :) Title: Re: Today, We all saw how weak bitcoin is Post by: igorr on February 14, 2014, 01:06:55 AM 424usd at gox !
Title: Re: Today, We all saw how weak bitcoin is Post by: Jeezy911 on February 14, 2014, 01:08:36 AM This is great! Everything is lining up for April again.
Title: Re: Today, We all saw how weak bitcoin is Post by: igorr on February 14, 2014, 01:10:49 AM This is great! Everything is lining up for April again. Difference is, now go to 10 usd Title: Re: Today, We all saw how weak bitcoin is Post by: Jeezy911 on February 14, 2014, 01:13:53 AM If we go down to 10USD bitcoin will no longer be the Worlds crypto, something else will step in. Please don't be Doge lol.
Title: Re: Today, We all saw how weak bitcoin is Post by: igorr on February 14, 2014, 01:17:44 AM Check China, also fall the same as gox !
Title: Re: Today, We all saw how weak bitcoin is Post by: imbladednow on February 14, 2014, 01:20:46 AM If we go down to 10USD bitcoin will no longer be the Worlds crypto, something else will step in. Please don't be Doge lol. If Bitcoins will go to 10 USD, Litecoin will go to cents, lol Bitcoin will still have highest market cap obviously Title: Re: Today, We all saw how weak bitcoin is Post by: Littleshop on February 14, 2014, 01:25:45 AM If we go down to 10USD bitcoin will no longer be the Worlds crypto, something else will step in. Please don't be Doge lol. If Bitcoin goes to $10 it will still work. Same at $5000. Bitcoin has by several orders of magnitude the most merchants accepting it. None of the others have any real volume of merchant acceptance. Title: Re: Today, We all saw how weak bitcoin is Post by: cbeast on February 14, 2014, 02:11:59 AM Check China, also fall the same as gox ! Noob. We are playing people like you. Big fish eat little fish. Bigger fish eat them. If you're smart you either become a very big fish or a successful parasite.Title: Re: Today, We all saw how weak bitcoin is Post by: JamesOng on February 14, 2014, 10:12:12 AM If we go down to 10USD bitcoin will no longer be the Worlds crypto, something else will step in. Please don't be Doge lol. If Bitcoins will go to 10 USD, Litecoin will go to cents, lol Bitcoin will still have highest market cap obviously and quark base coins rise! lol Title: Re: Today, We all saw how weak bitcoin is Post by: bitmadaboutcoin on February 14, 2014, 10:50:35 AM bitcoin may fall but he the fool that doesnt catch the nxt train to paradise is the so called fool! nxt & nem will take over from where bitcoin & alts left off! :D
Title: Re: Today, We all saw how weak bitcoin is Post by: anti-scam on February 14, 2014, 12:26:08 PM I think we saw the opposite. Bitcoin has been absolutely hammered by bad news and has still managed to maintain a value much higher than its pre-bubble state. Bitcoin is strong. Humans are not.
Title: Re: Today, We all saw how weak bitcoin is Post by: Lauda on February 14, 2014, 03:42:37 PM I think we saw the opposite. Bitcoin has been absolutely hammered by bad news and has still managed to maintain a value much higher than its pre-bubble state. Bitcoin is strong. Humans are not. Finally, +1 for this post.When good news hit us, the price will reach another high. Title: Re: Today, We all saw how weak bitcoin is Post by: freebit13 on February 14, 2014, 05:48:23 PM I think we saw the opposite. Bitcoin has been absolutely hammered by bad news and has still managed to maintain a value much higher than its pre-bubble state. Bitcoin is strong. Humans are not. Finally, +1 for this post.When good news hit us, the price will reach another high. http://thegenesisblock.com/markets/ (http://thegenesisblock.com/markets/) Title: Re: Today, We all saw how weak bitcoin is Post by: Hanzie on February 14, 2014, 05:57:44 PM The last couple of weeks has seen Russia out, Apple out, Paypal out, withdrawal problems on exchanges, technical issues with bitcoin and large scale DDOS attacks. The price has only dropped ~17%. Anyone who sees this as weakness needs to have a rethink.
Title: Re: Today, We all saw how weak bitcoin is Post by: nobbynobbynoob on February 14, 2014, 06:03:46 PM The last couple of weeks has seen Russia out, Apple out, Paypal out, withdrawal problems on exchanges, technical issues with bitcoin and large scale DDOS attacks. The price has only dropped ~17%. Anyone who sees this as weakness needs to have a rethink. And Russia still has more bitcoind nodes than most other countries. A "ban" is almost meaningless, especially in Russia where almost everything is illegal. Title: Re: Today, We all saw how weak bitcoin is Post by: bitluryz on February 14, 2014, 06:30:50 PM The real title of this Topic shoud be: " Today, We all saw how weak a few people are"
Weak brain sell Smart and stronger brain Hold/Buy and will sell @950$ and a lot more ... Title: Re: Today, We all saw how weak bitcoin is Post by: guybrushthreepwood on February 14, 2014, 07:03:37 PM The real title of this Topic shoud be: " Today, We all saw how weak a few people are" Weak brain sell Smart and stronger brain Hold/Buy and will sell @950$ and a lot more ... Unfortunately's there's far too many people in Bitcoin who think like this. Title: Re: Today, We all saw how weak bitcoin is Post by: keithers on February 14, 2014, 07:33:19 PM I think that this has proven the polar opposite. The fact that bitcoin has come right back (almost back to where we started before all this bad news), proves how resilient bitcoin has become. Bad economic news will shift anything in the financial world. If you monitored mortgage interest rates, you would see how much something like the jobs report can affect interest rates.
Title: Re: Today, We all saw how weak bitcoin is Post by: banaltcoin on February 25, 2014, 10:50:47 AM now it's too late, sorry for all of you
Title: Re: Today, We all saw how weak bitcoin is Post by: ethought on February 25, 2014, 11:11:14 AM Bitcoin is fine. It's the minority of squealing pussies who hold it and the scum who inhabit the ecosystem who are the weak players. They'll get shaken out eventually. +1 |
