Clarkmoody lagged on me... was the wall bought, or removed?
Bought, bit by bit across a period of 60 seconds or so, which is puzzling. Even more puzzling perhaps, is that these seemingly multiple buyers bought up such a massive wall in a matter of 60 seconds, yet, now that the wall is gone, the buying pressure that ate 7k in one minute seemed to have vanished. Leads me to believe this was mostly one person. |
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It was bought in rapid, multiple chunks. Kind of looked like someone buying their own wall, mixed with a few panic buyers and bots. Either that, or there where a lot of buyers ready to buy.... if it was one buyer it would have made sense to just buy it all in one go.
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Clarkmoody lagged on me... was the wall bought, or removed?
Bought, all of it... |
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and up we go   |
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Wow look how the wall is being eaten!!
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^^ haha looks like it turned out just like that |
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Who when to bet if we going back to 132 this 5k wall disappears..
Yes painting the tape I say, lesson learnt, i'm holding. What if it paints it lower? Say the 5k wall moves to $130? that will be bought, i cant imagine people are that fool.. well i guess (or hope=))  |
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Who when to bet if we going back to 132 this 5k wall disappears..
Yes painting the tape I say, lesson learnt, i'm holding.What if it paints it lower? Say the 5k wall moves to $130? Then he will be like:  |
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If you're a capitalist coinseeker, you should welcome the revolutionary aspect of bitcoin, as it can help us to enable true capitalism instead of what we have today, which is not capitalism, but corporatism. Ready for next week.  |
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Yeah, I will haunt your dreams.   |
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The question now is, how much money did mtgox lose? bitinstant? aurumexchange? btc-e? There must be some significant losses here, who are the bag holders and what are they gonna do? Personally I transfered most of my LR into BTC-E only some weeks back, so I doubt I lost much.
I'm not sure I agree that people will start dumping BTC for fiat after LR was just closed, mark could be arrested for money laundering too. If anything, it seems more reasonable that people will buy BTC to secure themselves against such attacks.
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The obvious question now: what are LR users going to transact with instead? And how many people had money sitting on LR. Seems like a fairly big deal. Without Dwolla, I'd imagine LR was a fairly big chunk of Gox deposits. Surprised no one is talking about this, they were down all day Friday. Maybe not that many people used LR. Wow this is HUGE big shitz, LR is a gigantic washing machine with millions transiting, many exchange business that deals with LR also do bitcoin, like Aurumxchange. Expect big Losses due to this shutdown for whole digital currency community. Well BTC is Monopoly now , heck i'm turning ubber bull, i'm holding btc for long, to hell with short term trading. Very sad news, USA just can't stay out of anything can they? But at the same time, this is probably quite bullish for bitcoin. LR was the new e-gold, every HYIP, autosurf and similar business was using LR...It was quite massive, tons of people where using it. Now those people can go to perfect money, hdmoney etc, but the same thing could happen there... Perhaps people will start looking for real alternatives that can't be shutdown, otherwise this trend will continue. Money laundering = transfering money outside of the banking system. Such BS charges. edit: just checked a few of those forums, there is desperation... half of all topics on first page was about liberty reserve. |
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it will trend at best sideways for half a year. Likely it will hit 30/50 in that time. Summer is going to be dull.
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Cash out or not ?
Sure, if you think it's gonna crash to 120 then i would cash out. I think that it will , but people here are not thinking so :/ but you cant trust anyone here ? I dont know ho to trust and who not to trust  Just trust your won analysis. In these forums you will see a lot of fun trolling and FUD-spreading, some hilarious gif, and a little useful insights that should just complement your very own analysis. I am trusting my sealf but i also want to know wichusefull insights i can trust to make my own decision If you don't understand that most posters where want you to act on what they post so that THEY will profit, not YOU, then I'm very worried. Your decision needs to be YOUR OWN. Yes but if no one that is writing here is writing anething of value there is no idea to read at al, only to se some funny gis and pic. Now you understand! This is all trolling and funny gifs. Also a quick measurement of market sentiment, nothing more. Awww that so boring :p i want to read and learn in a fun way like this topic . I havnt made judgement on my buy and sell of this topic , and i will probebly never do . But some of my enjoying of this thred just died Just buy and never sell. When it drops, buy more   |
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Well, my first choice is https://www.bitaddress.org, but from what I can tell you won't be able to use that, so my second vote goes to mt.gox. |
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Disclaimer : I did not have a wager with MNW.
MNW set up a wagering scheme last year. This scheme was set up in such a way where it was impossible for him to lose and impossible for anyone else to win. He took in wagers knowing that there was the escape clause of calling the wager a "joke" or a "lesson" or whatever if he lost. There was many opportunities for him to stop the wager and come clean - he didn't. It wasn't really setup in such way, it went more like this:  If the wager went in his favor, do you think the outcome of calling it a "prank" would have occurred? In my mind, absolutely not. I agree. |
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As this is our own FUD-spreading thread, let me quote you the email that the Blockchain.info operator got from Twilio, regarding a possible action against Bitcoin in China: Hi Ben,
We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.
As the provider of the phone number, Twilio is responsible for assuring the carriers that no more traffic related to bitcoin will be sent to China. Therefore, I have removed your international SMS permission to China. Please do not turn this on or try sending SMS messages to mobile numbers in China. Doing so will very likely lead to immediate account suspension.
Again I'm sorry for the convenience. Please let me know if you have any additional questions.
Thanks,
Twilio Customer Support Source: https://bitcointalk.org/index.php?topic=40264.msg2243603#msg2243603That's pretty big news. I don't like the sound of it one bit. The media could dine out on that.Oh, they have been going on and on for a while already, I'm not too worried: http://www.youtube.com/watch?v=J7GFfJVo_KY |
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They are working on a new trading engine atm, when it's released perhaps you will finally get your ultra fast trading fantasy fulfilled. The only thing they have done so far is to upgrade their servers. And if they never manage to improve their engine, well, then it's reasonable to assume they will eventually lose their market share isn't it? and when they do you'll still get your trading fantasy fulfilled. It's a win-win situation.  Patience... patience my friend... and if you can't wait for someone else to do all the dirty work, you know what you're free to do. |
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