I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here. Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool. It seems you are the greedy one now. My views are about a pure bitcoin system, banks aren't in that. Remember this is only been 5 years we have plenty of time for adoption. Just cause you want your 0.000001 BTCs to be worth $40K tomorrow isn't going to happen this takes time. Go live in a la la land if you think ..... pooft everyone gonna use strictly bitcoin as medium of exchange. Its never gonna be like that. Without gateways for fiat coming in and out, whos gonna use bitcoin? Right now those gateways are exchanges..... unregulated/nontransparent exchanges. They're worse than banksters..... infact many of them are straight thieves.
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Meanwhile, the people that DO cause these reductions in price are exactly the people that don't hold a lot of bitcoins because they immediately panic and sell when they hear one of these news stories.
Well, remember that you also always have those who are going to sell off when something happens that looks like it will depress the price with the intent of taking a round of profits and then buying back in at the bottom. To make money, the speculators have to be right while others are being fools. Its a zero-sum game. Everybody should know that. However, its not a free market and heavily manipulated. Who has the most upper hands right now at Gox? I bet you its Marks mom. ..... you think she would have fiat withdrawal "delays" ? LOL
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Hmm...post was deleted and you didn't even copy/paste the message.
Who cares? this is not a press anyway, Reported.
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I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here. Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool.
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You guys should really take Marks words lightly....by fixing he will fuck it even further. Its a hack job.
Hes gonna test it on his exchange? How great is that!
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I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
The bank already said the pilot ended and they are not gonna proceed further. You should start reading the newsfeed of ZeroBlock more often. Didnt that just prove my point?
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So in watching Bitcoinwisdom; it's apparent to me that the other exchanges are following the trading activity on MtGox.
I don't know if it's mostly bot trading or if there are actually people stupid enough to follow this trend...
In any case, it looks like a $200 spread is about all we will see. If Gox goes down to $1 then it looks like Stamp, BTC-e, and Huobi will slit their own throats...
This is a sad day indeed. The hearts of man have failed; a foul darkness spreads...
(I sold 1/3 of my BTC at $796 after the BitcoinSteve prediction just as a safe hedge... I'm still saddened by this series of events even when I stand to profit greatly from it.)
Well, yes its sad to see other exchanges following Gox but its particularly hard not to while being manipulated.... I say most of those large dumps on other exchanges are made by Mark and his friends: https://bitcointalk.org/index.php?topic=464465.0These exchanges are rat poison. They are anything but transparent and are susceptible to complete corruption. An incredible amount of money can be made by trading based solely private exchange data, let alone directly monkeying around with the books. Couldnt agree more. Without proper regulatory for exchanges, we're not gonna see any real investors. Those "whales" on the exchanges are either 1) very early adopters gambling or 2) manipulators( exchanges themselves)
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http://theblogchain.com/2014/02/14/breaking-mark-karpeles-posts-to-say-mtgox-is-implementing-a-solution/Mark Karpeles just posted on GitHub at approximately midnight EST. Here’s the full quote: Just to update this thread, it seems that this discussion is mostly stale now. We (at MtGox) will implement this new hash index in our transactions database and start working with it (we will announce a maintenance as we will have to stop bitcoin deposits too during the database schema update) and will start providing this new hash when customers are withdrawing bitcoins, litecoins, or any other coin based on Bitcoin we may support in the future.
We will also provide an API that will allow our customers to use this hash to retrieve the transaction hash as seen in the blockchain once the transaction is confirmed, and will hope others (blockchain.info?) will index this value one day.
We also invite other exchanges and businesses which may need to keep track of bitcoins they send to use this same method, since dealing with multiple variations of the same thing wouldn’t be very productive.
If nobody does it, we will also post some test vectors for regular (in=>out) transactions in the near future.
And here’s a link to the full thread on GitHub. https://github.com/bitcoin/bitcoin/pull/3656#issuecomment-35055553 Great.... Mark is hacking thro a fix .... again until it blows up. is he actually gonna test on his exchange? How many failed attempts we need to make him stop facking around and refund ppl's money?
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So in watching Bitcoinwisdom; it's apparent to me that the other exchanges are following the trading activity on MtGox.
I don't know if it's mostly bot trading or if there are actually people stupid enough to follow this trend...
In any case, it looks like a $200 spread is about all we will see. If Gox goes down to $1 then it looks like Stamp, BTC-e, and Huobi will slit their own throats...
This is a sad day indeed. The hearts of man have failed; a foul darkness spreads...
(I sold 1/3 of my BTC at $796 after the BitcoinSteve prediction just as a safe hedge... I'm still saddened by this series of events even when I stand to profit greatly from it.)
Well, yes its sad to see other exchanges following Gox but its particularly hard not to while being manipulated.... I say most of those large dumps on other exchanges are made by Mark and his friends: https://bitcointalk.org/index.php?topic=464465.0
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As I lost fund on bitcoin because my data on blockchain was modified and this issue can not be fixed, I think bitcoin price will be reach at below $100.
lol what a loser. Keep telling lies for your own agenda huh?
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I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
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Bitcoin price is falling every minute.It was $642 20 hours back and now its $595.It seems it will fall more.What do you suggest?Should we buy some ALT currency with our BTC that doesn't seem to fall steeply and then buy bitcoin later with it when it stabilizes.Which currency do you suggest? I considered Litecoin but its falling in price as well!
I suggest USD for you. You're clearly just a pig getting slaughtered. You either understand the issue thats happening or you dont: https://bitcointalk.org/index.php?topic=464465.0
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this is why i have removed mtgox from cryptocoincharts.info ! the price on mtgox is not a bitcoin price. its something completely different. nobody should bother about the prices on mtgox. but i guess pigs are stupid and all exchanges follow the downtrend
While I am glad more and more sites are doing this, I have been perturbed for some time that the bogus prices on Gox have been taken seriously. I hope more care is taken in the future as to which exchanges are included in indices. Nobody seemed to have any problem with Gox's fictional prices when they were bringing up the average. Because pigs are greedy. And greed destroy great things. I'm sure these pigs think they can beat the manipulated market by riding the waves. Just look at all the cheering for lower price in this section...... while forgetting its a zero sum game and who has a upper hand? Well our mighty Mark, of course.
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It was 900 like 2 weeks ago
Stop making thread without reading you lazy ass.
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Why would the creator of Silk Road 2.0 sabotage his business like that by stealing all the money from the marketplace? Wouldn't he have made more money from the business long term instead of just taking the money and running, if he even took it in the first place?
Because he can just make another site after this. His identity is unknown who said he got any "reputation" Ppl still find it hard to believe that mallebility doesnt simply mean stealing your coins ? Stupid as stupid does. ... No its not possible to steal your coins... you're an idiot for believing the story.
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The answer is way to obvious.... OP....
That someone is a fat fuck that slaughtered all the greedy pigs.
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Interesting. Is there any exchange that hasn't suspended withdrawals?
lots of newer exchanges, ie built from the ground up by pros, are withdrawing just fine. unfortunately they tend to have tiny volumes for now Simply just a matter of time, when funding and investors with banking connection come in. Meanwhile, the pigs are still getting slaughtered by Marks. They however insist on making threads with subject " This is the end" " Bitcoin is done"
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I simply dont buy the "delay" in fiat withdrawal at all... never did. I think its simply so they can attract noobs who want to sell btc at higher imaginary price. I also believe Marks friends and associates have no problem doing arbitrage trading while moving fiat in and out of the exchange without any delays. This BTC withdrawal issue is an easy way for Marks to reverse the market and continue the same inside trading. Yes we have issues with tx mutability but most of the invalid tx from Gox is due to their incompetent system made DER tx which is nonstandard to most nodes. Hence open an easy way for the attacker
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people do not be fooled by mtgox. do not deposit any funds with them hoping to ride the waves.. you wont be able to withdraw them
The fact that they still allow BTC deposit just harden my "theory" : https://bitcointalk.org/index.php?topic=464465.new#newI really hope the community is alot smarter and not falling for it.
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