Gavin owns alot of coins, he's doing what he thinks is necessary for the survival of bitcoin
Haven't you heard that he was selling his bitcoins and buying stocks? In article from January: While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead. https://i.imgur.com/OEC7s6Y.jpg |
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There haven't been much comments about this news: http://www.bbc.com/news/technology-33816664Does this really mean we get nothing back? Or just that we can't sue them directly but we still get a fraction of bitcoins back? By my understanding he tried to bypass bankruptcy and get a full refund. Judge said "Haha, you idiot" - more politely: "You gave your bitcoins and money there voluntarily. Now suffer with the rest. No special treatment for you!" Bankruptcy is proceeding with a full speed ahead. If there will be any change you will find it published and signed by Bankruptcy trustee on MtGox. |
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Last night I had a quite profitable short going when I decided to close my position. So then I hit "close" and nothing seemed to happen, so then I hit "close" again, then a while later I see myself as having a long, so I hit "close" again, then I had a short again and so on (I can't remember the details now).
I heard this too many times and I don't believe it's coincedence. BFX is well aware of this issue for more than a year (maybe even longer) and it's still happening on a regular basis. This is trivial fix in their code. I wonder why they don't fix this  Sorry for your loss. |
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I think we have a pattern here. Market makers decided to start a series of flash crashes one exchange at time. First it was btc-e, now bfx. There are other exchanges that offer leverage that will become their next targets. Just my speculation.
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I guess the XT issue wasnt priced in. WOW.  It was more like an attack on ~30 mil leverage positions on bfx. Many people lost, one guy earned millions. |
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I wonder how people will try to close their longs with this massively dwindling support.
Like always, without any problem. |
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Interesting. Never boring. |
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I have a feeling cryptsy are kicking themselves for not adding XMR sooner.
cryptsy fell asleep, now it's too late. They are stuck with their outdated exchange and they'll be dead soon, they just don't realize that. |
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compare standard price versus their price; check screenshot attached to tweets. (there was a previsible stop run above the short term highs everywhere except on tradersway)
that + orders not going through when favorable.
this morning trade + 500 pips audusd markets.com
this morning trade + 750 pips aud usd avatrade.com
this morning trade on tradersway - not filled. one week of trading here; one week of bad quotes and shenanigans with orders (that i can't prove; just witnessed 2 times where my orders where simply cancelled when I was afk; obv good calls.)
whatever i send $1500 to try it out because it was quite cheap. result avatrade last week about 22% result markets.com about 15% result tradersway.com about -5%; obv that's not a proof of anything but whatever. I'm cashing out; thought i'd share so nobody gets fucked simply because they accept bitcoins.
cheers.
Check their trading hours. On Friday they close one hour before the rest of the FX market. This is nothing unusual. Maybe that's why your orders didn't get filled? |
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Hm, and what's the problem? |
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Monero is so very strong. 200 new redditors joined Monero subreddit in last 30 days, biggest monthly increase since September last year. I hope we'll never see prices below 0.002 again.
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is there any hope for refund BTCs ?
Sure, if you filed the claim you will most likely get some %. |
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Green daily dildo.  |
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Interesting:
Not really. Many btc was donated to Cryptsy for XMR and they did nothing. Fuck Cryptsy. Frankly, I don't even wish to see XMR on their exchange. |
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so what that means for the missing coins / money now ? do you think we will get something back ?
I believe the most possible scenario is to get a portion of the 200K that are reported as "found". I'm not sure what will happen with the other 650K "missing" not to mention the fiat money that people had into MtGox's bank accounts. I'm confident that the best we can expect is a 1/4 of the coins, not sure we will get them though... We will soon see how many people did file bankruptcy claims and for how much. Then we will have very good estimate. |
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I'm bearish on BTC right now so that makes me bearish on XMR. Too many rejections at $300/btc. Coinbase lunar rejection. March/April rejection. Summer rejection.
It's funny how we see same things in different color. I don't see this current rejection as very strong one. More times we will test $300 less likely it is to hold. The bounce from 300 is each time slower and shallower. It doesn't seem like bears are in full control anymore. |
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But he said he was sorry. |
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the question for me is, are we starting a new (exponential?) uptrend or not.
It's really hard to tell, because this breakout was very weak. Maybe it was a false move or we are going to see a few weeks of low volatility before exponential uptrend. But based on reddit new users are coming at a little faster rate than in the past months. |
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Armstrong will be wrong again. Nothing special will happen Oct 2015.
Even Armstrong said this. Don't expect some market to crash on that day, but it will be important turning point that indicates years of misery ahead (countries going bankrupt, companies going bankrupt, more civil unrests, wars, migrations, viruses). Not really. Only a little bit of misery ahead; and then, acccording to his model: Roaring Twenties reloaded: http://i1.wp.com/armstrongeconomics.com/wp-content/uploads/2012/08/ecconf-maa-clr.jpg?resize=584%2C449Well I guess it depends where you live, since every country/region has it's own cycle. There are multiple cycles that converge this time and it will be scary. For example look at the Middle East & North Africa - total chaos and destruction in the past years. They are effectively in the Dark Ages and will stay there for decades. Then you can look at EU where around 50% of the economy is governments spending (debt + taxation). Debt in most EURO countries is at 100% of GDP or more. Taxation is very high - in some countries 50% of you paycheck goes directly to your government + VAT is at 20-30%. Can you imagine how even small economic downturn can tear apart thin social justice bullshit when you are starving or cannot pay your bills. Remember that EURO countries cannot manage their level of debts via inflation as they used to do with their own currencies. |
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Armstrong will be wrong again. Nothing special will happen Oct 2015.
Even Armstrong said this. Don't expect some market to crash on that day, but it will be important turning point that indicates years of misery ahead (countries going bankrupt, companies going bankrupt, more civil unrests, wars, migrations, viruses). |
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