I agree with you. Gaving and other guys (with knowledge and resources) should be on the plane to Tokyo curious to find out about what happened. Isn't science about curiosity? All I can get from the smarty guys are hypothesis on their blogs. Also take into account that Peter Vessenes is on the foundation board, he is the very same dude that sued MtGox for breach of contract for 75million dollars in the coinlab case. It is very likely that he will try block any attempt to help MtGox or at least not actively try to help them. It's highly likely that he puts his own business interests above the interest of helping normal people, unfortunately. My impression is that the Foundation mostly looks after big business interests, and does not care so much about the average user. While there probably is no legal obligation for them to help, from a moral point of view, it would be a very good thing to do, and would bring them a lot of goodwill. You īll see that this mighty completly corrupted TBF (The big fail ) if not entirely then at least a lot of Mark cronies were in on the scam and participated in the cover- up until now, as were they selling out at Gox from 980 bucks downward. Nobody will ever get to see the names of those trading accounts and they wonīt give a shit about us at the bottom of the broken Ponzi !
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People often joke that "America has the worst form of government on the planet except for all the others." It ain't perfect.
And it certainly isn't better than all the others. It has strengths and weaknesses in comparison to other large nation-states, and those are a matter of taste. There are small nation-states which have systems which are vastly preferable to the U.S. system, in my opinion, but they are generally special cases. Iceland is not too bad. Norway is fairly tolerable. I could almost stand Scotland. Singapore is rather decent. Chile, quite nice. Conceivably Paraguay. But then I've not lived there long enough to see the worst aspects, to judge how deeply they disturb me. We should get together and buy an island with bitcoins, call it Satoshi Island and have the currency as BTC of course, use the bitcoin protocol to vote trade etc.. and live happily ever after. +1 Lets use Litecoin as BTC would give the foundation to much a hold on the nascent state of the free ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And BTC is already bought up by the ukraniens ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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The #1 newspaper in Germany for securities, stock exchange etc. Mt. gox is in the headlines. An American citizen sues Mt. Gox http://www.handelsblatt.com/I would say Bitcoin never got such a media attention. That's fine. I hope it prevents newbies entering the market at these conditions. Yep as there is still no real world demand for its use..only for crooks fucking themselves over (which trading it at exchanges certainly is as well)..the price will crater.....but every time an abuse led to a loss for the delinquent it gained trust in mainstream and in the community as I can recall......prices rose ! be it pirateQ40 caught ,butterfly labs hosed, the silkroad closed and soon Therefore it is absolutely necessary that Mt.Gox get scrutinized and those involved tared and feathered... As I can see that this wonīt happen as the early crooks are selling....bitcoin will be out till something to this aim is accomplished..
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Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS? People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again. We would need to most amazing super positive news ever to stop this and i don't see this coming.
So give me one reason why we could go up again. I can't find any. I really can't.
Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?
Maybe someone has been quietly liquidating 750k coins I AM also thinking that the liquidating of BTC has been going on for months... Last hope for Bitcoin: fake buywalls
THEY WON`T PROTECT YOU!!
Their only purpose is to lure suckers in to place their bids above them, when enough bids have been built, we will get a level lower. slow and painful
There is no such thing as "fake" walls. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Aren't walls always fake? If I've learned anything from my years in bitcoins, it's that all walls everywhere are fake.
Walls are simultaneously fake and real, until observed. Then they become one or the other, depending on the testing conditions. This is called Quantum Speculation. It's science, bro. No its game - theory or called common sense...you are either with us or against us ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think that it is called leveraging what you have to your best advantage (to the advantage of yourself personally... and damn the rest) There is no brotherhood... unless you form some kind of team/pool to accomplish an objective for the members on the team as a unit. No..if the aim of bitcoincommunity is to collude to fuck the newbies and each other over...then BTC is no alternative as a currency its a chain-letter....if there is not the revolutionary common aim to enthrone the powers that be by forming a money-supply that is guarded by trust then we are dealing in sour lemons and and the dollar kills on!
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one can only hope that the dollar ponzi dies even faster as the thiefs there as well are walking scott free...
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Well, it better go down now. I've turned to fiat almost all I could.
What price are you banking on? $520-ish? or some other amount? Frrom Bitcoinbuilder FAQ As it got bigger though, I decided the only use I should have is to convert all the "real" BTC fees I earn into GOXBTC. The reasoning behind this is two-fold.. 1. I do think gox will be fine and it's a good investment, but also 2. if somehow they're not, I want to be in the same (sinking) boat with everybody else. That is FUCKED up... he had NO hedging... apparently? And, his business plan seem a bit, lacking? Anyhow... So how can you keep such a business going in the event that GOX is truly and totally insolvent in terms of the reimbursement of the investors' BTCs? This doesn't make a lot of sense to me. Why would he want to go down with the ship when he was offering a fair service? He was giving people the opportunity to buy/sell the risk of Gox imploding where both sides knew what they were getting into. Wants to show a loss for tax purposes maybe? The ONLY explanation that I can think of is that HE was trying to appear as a GOOD and honest business man... in order that he would inspire investors to have confidence in him and that he was NOT just being a sheister..... ... seems 530 to 600 is the new vol band. probably be trading that range for a while
I predict 4-5 days at most in this range... then we are going to bust out... and be in the $750 to $850 range... ... My prediction is based on pent-up demand for BTC... and also based on the fact that we have largely found out enough facts about GOX in order to adequately understand the range of ramifications... No you havenīt....who sold those 750000 BTC at Gox under 300 dollars and to which account were the money withdrawn.....who was the 10 k wall 3 hours before bitidiot came out ? Can you even fathom the ramnifications of this selling? Come on ...we are here to speculate! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Surely we are here to speculate... MY MAIN point is that we have been made A LOT more aware of what is going on... than we were one day ago... At least NOW we have a bankrupcy filing and an outline of facts and a general direction... before that, we were totally speculating on all kinds of scenarios...... surely, there can still be quite a few scenarios... but at least we are Narrowed down a little bit in the range of possibilities, no? No ! The plug is pulled....no fresh flesh is coming when a ponzi dies......and if the crooks at the top come out scot free of it...BTC dies as well !
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I bet Mark Karpeles is in jail by the end of the year. The Gox stolen coins was an inside job. Filing bankruptcy will only get people looking at this closer. He should have just ran with the coins to a country with no extradition.
He and cronies have gotten away with half a billion dollars.....when I tried to find a laywer in Japan in January already they declined cause of a conflict of interest....the work out of this heist is planed for some time already...he only need off-shore accounts but need not even move his ass with that much money to bribe the system . how much you loose in that Gox s**t hole? sry for you pal, i guess you have learned the lesson the hard way ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) No sorry I sold them on BB to some another Pal who still believed in those "guarding" poeple at bitcoinfoundation....but still BTC is worthless in the hand of crooks...youīll see soon enough bottom 74 dollars !
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Hmmm and I got flamed a few pages back for saying I think someones holding the price up and dumping at intervals...
Who can it beeeee noooaauuw? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I bet Mark Karpeles is in jail by the end of the year. The Gox stolen coins was an inside job. Filing bankruptcy will only get people looking at this closer. He should have just ran with the coins to a country with no extradition.
He and cronies have gotten away with half a billion dollars.....when I tried to find a laywer in Japan in January already they declined cause of a conflict of interest....the work out of this heist is planed for some time already...he only need off-shore accounts but need not even move his ass with that much money to bribe the system .
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money withdrawn..... who was the 10 k wall 3 hours before bitidiot came out ?Can you even fathom the ramnifications of this selling? Come on ...we are here to speculate! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I'll bite and go with Peter Vessenes, my money says he is the first bitwhale to cash out. Why would it be only him doing this?
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You know the market is bearish when...
so true. i just wish there were more honest bears, worthy of respect. so often the "theses" of "bears" is fabricated, predicated on disinformation, or pure FUD. it makes it very hard to find actual, useful, bearish analysis. in fact, i have developed an unfortunate bullish myopia by being innoculated against strong bearish cases by the myriad of weak bearish cases. i have to constantly correct for my own bull blinders. Just ask yourself who sold all those Goxxies when you got your bulls horns on buying them on BB... Who might have had the better information and who still has it now and is selling to you...? I know thats not an easy bearish cause to fathom or even want to think about cause it means BTC is completly fucked 1 But just put me on ignore and dream on ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Last hope for Bitcoin: fake buywalls
THEY WON`T PROTECT YOU!!
Their only purpose is to lure suckers in to place their bids above them, when enough bids have been built, we will get a level lower. slow and painful
There is no such thing as "fake" walls. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Aren't walls always fake? If I've learned anything from my years in bitcoins, it's that all walls everywhere are fake.
Walls are simultaneously fake and real, until observed. Then they become one or the other, depending on the testing conditions. This is called Quantum Speculation. It's science, bro. No its game - theory or called common sense...you are either with us or against us ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Last hope for Bitcoin: fake buywalls
THEY WON`T PROTECT YOU!!
Their only purpose is to lure suckers in to place their bids above them, when enough bids have been built, we will get a level lower. slow and painful
Why do they do this to us? ...our bags are so heavy already ...am feeling like Mark being let down by the brotherhood....OMG
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Someones messing around with ~3000btc adding and removing walls here and there...
Who can it be ..noooooow ?
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Looks like craptofuck is completly worthless if those early-birds just decided to stop covering up the fall-guy
and to GTFO ?? Ever thought about that?
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Nothing is ever lost at bitcoinworld only the money you throw at the "early-adopters" which have proven
to be the head of a ponzi exploiting the Stockholm -syndrom.....GTFO or get the fuck them in jail!
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I think it is ludicrous to argue with that nym. No one could be so stupid/ignorant as to honestly hold such positions, and still manage to post here. Much much better to ignore.
Yet it would have been civilized and polite to tell me exactly in what i was lying or being stupid/ignorant about. so GFY ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That you put up your wealth with the insider brotherhood who is selling life - long seats at a foundation which interest is to hold humpty- dumpty as long together as possible to sell the community out to Goldman Fucks you all ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS? People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again. We would need to most amazing super positive news ever to stop this and i don't see this coming.
So give me one reason why we could go up again. I can't find any. I really can't.
Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?
Maybe someone has been quietly liquidating 750k coins No that was not quietly...that was with brute force at Gox right when withdrawls were halted ! You can find a part of those goxxies at bb now...go and get you some before the "real ones" at stamp are commanding the same price ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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NOTE: An advantage of a flat prediction is that is irritates the bulls and the bears, equally.
No one can complain they have been unfairly treated then. No ..really fair...and the hodlers eat all the risk to have money or btc at the exchanges...so GTFO ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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As there is the possibility that Bitcoin were withdrawen illegally via unauthorized access, filing of a criminal complaint is under consideration.
That is a standard practice but bigger issue is when and why they did not disclose that soon. Cause he and cronies still wanted to sell those BTC and withdraw to the caymans....so he unluckily couldnīt halt trading just yet.....may I remind you modestly...I told ya so ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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