I'm not sure If you guys are now trolling me pretending you don't understand contrarian indicators and sarcasm.  |
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Wall street will likely take over the exchange business, it's just a matter of time until either an ETF is approved or a US based bitcoin exchange goes through all the legal crap. And then, finally, will we be able to trade on professional platforms (be it regular broker or a special exchange) that don't rip you off for shit service, and that are unlikely to lose your money.
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Excerpt LA Times: The suspensions may be only growing pains, but if they're seen to be serious enough, bitcoin growth may end. And if other flaws in the system become equally troublesome obstructions, bitcoins will be over. |
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Mark Karpeles – because he's the hero Bitcoin deserves!
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the network will come out MUCH stronger after this issue is solved.
My thoughts exactly. What doesn't kill you makes you stronger. I digress. What if it actually comes out weaker because merchants get turned off and decide not to adopt it. Who cares about merchants? They only serve to increase liquidity and depress prices. Bitcoin's true value is in its enforced scarcity bound to a digital asset with 0 counterparty risk. On Rampion: I do remember him laughing at me and going "this time is different" back in the quadruple digits … Nobody's perfect. |
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Bought some more. God bless MtGox! |
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This place cracks me up. In november, I tried to serve as a reality check for the community when we were getting three or four "to the moon!" threads a day, and I'd get abused by all corners everytime I countered the absurd projections. Now, we go into a bear market and it's all gloom and doom. This is bitcoin! We always go through boom and bust cycles, only to rise again from the ashes shortly after. There is no reason why this year will be any different. Sometimes I feel like I'm the only person around here with a memory longer than two weeks.
And MY memory is long enough to remember that bitcoin has gone up 10x every year. Almost 100x last year. So despite the current doom and gloom, I still would not be surprised to see $10,000 by the end of the year. I take it you haven't been here in 2011-2012. |
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Even gold is malleable. It's a feature. |
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You really think MtGox's statement was actually correct and not a way to cover up their own incompetence? Or is this just your own automatic anti-dogmatic knee jerk reaction at work?
I do know that today, btc-e and bitstamp have halted withdrawals. Evidence enough for me. Plus, before that, gmaxwell, a core developer, delivered an explanation of the matter that I have posted here before: http://www.reddit.com/r/Bitcoin/comments/1x93tf/some_irc_chatter_about_what_is_going_on_at_mtgox/cf99yacOf course MtGox were largely incompetent no matter how you look at it, from multiple standpoints, but that doesn't mean they were lying on the underlying issue. Holliday, I think there is a severe lack of synergy in the Bitcoin world. I would have thought the Bitcoin Foundation would address this, but I stand corrected. |
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I'll report directly to you when there is an exchange that I trust sending any form of money to, until then avoid them all.  A Holliday seal of approval? I'll opt in for that, but I am afraid I will possibly not never get to hear back on this matter. I forgot to accuse one particular shill and downplayer of problems: Andreas Antonopoulos. Only yesterday had I realized he was the same Andreas I always liked to listen to long ago on Let's Talk Bitcoin. Shame what a Bitcoin cultist he bcame, even if he is no less intelligent today. |
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I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.
So, you call Bitcoin shit because of a bug that affects appearance, not function? Don't you think that's a bit of a dishonest proposition? It just amazes me how it affects all major exchanges. Actually didn't expect that. So yes, from a practical world view, I would say that something has gone wrong that this was not noticed before by any of them. It amazes you? From my experience, I expect the exchanges to do as little as possible to continue to function. Again, this has everything to do with the exchanges, not Bitcoin. The day we have a robust Bitcoin exchange... It does, maybe I am just too naive and have been afflicted by the prevailing wisdom that MtGox is just particularly incompetent (though I don't mean to say they aren't). |
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Too bad we live in a practical and not a technical world. That's the thing you'd expect from a lawyer.
what? blitz, u are against btc? I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin. Who are the dogmatic and dishonest people you are referring to here? Blind anti-dogmatism can also be a form of dogmatism. The ones with the knee-jerk reaction that this is not at all an issue, known for years, MtGox is just trying to shift blame, blah blah The ones who will issue any statement distorting its truth just so much that it passes in order to protect their financial, ideological and personal stakes. |
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I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.
So, you call Bitcoin shit because of a bug that affects appearance, not function? Don't you think that's a bit of a dishonest proposition? It just amazes me how it affects all major exchanges. Actually didn't expect that. So yes, from a practical world view, I would say that something has gone wrong that this was not noticed before by any of them. |
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Too bad we live in a practical and not a technical world. That's the thing you'd expect from a lawyer.
what? blitz, u are against btc? I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin. |
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Word of 2014: Malleability Hey Shroom, how's the crying going? All your postings can be summped up with "sheep" and "panic". You sure must feel like a sitting duck now. Personally, I'm buying. |
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Too bad we live in a practical and not a technical world. That's the thing you'd expect from a lawyer.
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We will see how quickly the exchanges will manage to implement a fix now that Bitcoin cultists are afraid of losing their entire wealth. |
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You mad, MtGox haters? It's Bitcoin that is shit. Gavin Andresen and Jeff Garzik have been exposed as Bitcoin marketeers "There is absolutely no problem here guys".
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I would think fair market for my account would be 200 BTC or so.
BWAHAHAHAHAHAHAHAHAHAHA AHAHAHAHAHA |
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