Bitcoin Forum

I'm probably speaking too soon, but I love the signs!

http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=10&i=5-min&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

Not even Warren Buffett denouncing Bitcoin as a currency can get me down.   ;D

Well you have to think 800k coins were stolen meaning demand just went up, and the coins keeping the prices where they are are still on those exchanges.

Considering all the other exchanges "crashed" to about $500-600 levels, I'd say that is a sign of the strength of BTC.  But I dont think 800k coins being stolen is raising demand.  They will eventually make their way back into circulation, unless you think the thieves were stealing them to specifically take them out of circulation.

Survived as a collective but the individual sacrifices were great.
The people who gambled and lost knew the risks. They'll come back stronger.

I still baffles my mind how people in their right mind would dare to store that much on an exchange..
The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.

To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..

How is that not screaming red flags?

People are stupid.

Not to take them out, but that much money you would not want to spend them for a while, a lot of moving around would be smart. 480 million, spending 5 million spinning and hiding its trace would be smart.

You have to think they were not all just storing their coins, they were buying low, selling high, rinse and repeat.

I guess they're selling real low now

I was expecting btc to cross 600$ mark after weekend and guess what it did now i'm expecting it to cross 650$ mark by the end of this week or maybe on next Monday lets see.! 

surviving to what ?

http://imageshack.com/a/img23/1199/9mk9.jpg

You should check out my signature, you may enjoy futures trading :)

Hardly. Once goxxed, always goxxed.

I think,
Fake price, fake buy, fake wall
Everything is the same as the MtGox, thereafter Bitstamp will disappear !
History repeats itself

It's still early days. It's been more resilient than I expected.

There may be some creepy revelations left. I guess the key is finding out if and when all the hundreds of thousands of coins went missing.

Give it a rest Igorr, your FUD threads backfired.

Hope you're long now, if you're still short I feel bad for you right now.

I checked my pulse, looked in the mirror and saw myself, checked my blood pressure and petted the dog who responded, so I am fairly certain that I have survived.

My $.02.

;)

we survived and bitcoin can only move forward from here  ;D

We all hope so too..! It is in between 650$-700$ today.. and maybe will touch 800$ mark on next monday..! We survived the gox and i'm sure this community will see many such hurdles in upcoming years , we can just hope btc will survive all of them and will emerge Victorious.  Lets just walk along with btc and see where this thrilling journey head towards. being an optimistic I can only hope for the best, This community is strong and Have faith in it.

Just out of curiosity what is My $.02  in most of your post is it some kind of signature . Or something else..?

Errr every heard of the phrase 'my two cents worth'

To my defence: I was uninformed, which is not the same as stupid.

When bitcoin goes back to 1000 I would say we recovered. This pump can also be related with the Ukranian situation, people looking for other investiments other than fiat. Gold also valued in last weeks.

1000 i guess we will have to wait few more weeks for that or may be Months. but we will eventually get there as i don't see any reason for that not happening if this goxx shock can't take it down to ground nothing else can.

It's too early. We still don't know what actually HAPPENED at Gox. If ~800K BTC were lost in cold storage as in, Mark fudged the private keys- then yes we are safe. Severely restricted supply, but still- we are safe. If some individual STOLE 800K of BTC then I'm not so sure.

Yeah,let's see how this whole thing stabilizes.

No offence, but many won't understand that because in today's world of the interweb it's very easy to inform yourself. Many might see that not informing yourself when it's so easy to do, is a form of stupidity... especially when investing such large amounts as some have... again: no offense intended.

It's nice to see the price climbing, time to buy!

Never start a sentence with "No offence, but", same to "I am not a racist, but" ;)
It is not stupidity it is laziness, also 2 different things.

I am using BTC for less than a year now, so every bad News about MtGox was before that. People forget to easy, that not everyone is an early Adapter, even when they are not really early Adapters themselfes, just earlier than the People, they are judging. But sure, on the interweb, everybody finds someone, who is less informed on a field, than oneself -->People they can call stupid.

Why 1000? There was a normal correction from $1000 to ~800, which was the stable price for almost a month, until the Gox situation. We'd probably be somewhere between $800 and December high if Gox didn't turn out to be the biggest scam in the history of bitcoin.