I hope everyone is set up in such a way that he can continue on without Emptygox.
I am. It is called wallet.dat backed up on a 5.25in floppy disk among other places.  My floppy also survived the collapse of First Pirate Savings and Trust, later called Bitcoin Savings and Trust and the collapse of Bitcoinica among other interesting events. If this 700K+ BTC loss turns out to be true, the bears will first have a say, then when the market figures out that those BTC are gone and consequently cannot be sold expect the "short squeeze" to drive price of Bitcoin in terms of USD to new highs in the 4-5 figures. Gox BTC can't be sold... but Gox USD exits the equation as well. No coins lost. There is no change in supply. Where does this idea come from? Because the market has already priced with a non zero probability there are some real bitcoins in MTGox. Check for example https://bitcoinbuilder.com/. The same phenomenon occurred with pirateat40. People were selling in fear that pirateat40 would pay resulting in a flood of bitcoins hitting the exchanges. This was in the fall of 2012 and we all know what the market did after. but this time its not a little bitcoinworld ponzi....its real worldwideponzi which will be exposed to mainstream.....those prices could have merit only when being adopted by mainstream...now there won´t be new suckers to find in mainstream for bitcoinponzi...GTFO |
|
|
|
I hope everyone is set up in such a way that he can continue on without Emptygox.
I am. It is called allet.dat backed up on a 5.25in floppy disk among other places. My floppy also survived the collapse of First Pirate Savings and Trust, later called Bitcoin Savings and Trust and the collapse of Bitcoinica among other interesting events. If this 700K+ BTC loss turns out to be true, the bears will first have a say, then when the market figures out that those BTC are gone and consequently cannot be sold expect the "short squeeze" to drive price of Bitcoin in terms of USD to new highs in the 4-5 figures. poeple get real....take your money out of stamp, btc-e and bfx before its too late...BTC is a nice idea but not going to be used if only suckers are holding it  Mark and everybody who sold at GOX beforehand under 300 dollar should be in cuffs right now and not just "resignibg" from the bitcoinfoundation!! |
|
|
|
I had Stamp buy set up at 512.51 and it went down to 512.52.
It was hardly a wall, ffs! Damn.
no you got em AND CAN HAVE PLENTY MORE ! no LTC no chance to recover anything...sorry Dude |
|
|
|
Whoa Gox. Almost 3k coins in the last 5 minutes.  you haven't see the two bit idiot post have you? The 750k coin thing? Anything to it? it reakes of FUD, claims to have an internal gox document where he quotes things like setting bitcoin back 5-10 years and being bankrupt at any moment lol thats common sense....bitcoiners obviously don´t have ! OMG the crap won´t command 90 dollars on stamp give it 3 days.... |
|
|
|
Gox is freaking out for some reason.
cause they are bankrupt perhaps?   |
|
|
|
|
Gox has been made bankrupt intentionally....open your eyes....and watch LTC/BTC
thats the only thing going higher for a while in craptofuckland!!!!
|
|
|
|
2-bit did call the fortress announcement early, and he was flamed to hell on reddit... Thats actually good news if it were true....they still are able to blame something.....and the community stays blindsighted that they ran a fractional reserve for bitcoinfoundation-members from the getgo.....when all is said and done please people remember to ask for the identity of the accountowners who sold nearly a million BTC from 300 down to 100 dollars.....and poff the scam gets legs  |
|
|
|
auch o2 dann...ham doch Alice gekauft... |
|
|
|
Zyk if you think the Japanese and Slovenians together form an axis of evil then that's the best one I have heard yet.
its laywers buiseness and of course they make Jamie Dimons walk scott free when bribed enough.... and central exchanges have enough bucks already to buy their law as well.....just watch the show...you´ll se that am right |
|
|
|
anybody having bitcoinwisdom blocked by their internet provider in Germany? it's been blocked for me many days now by O2! me too...by Alice...WTF is Alivce ? |
|
|
|
Do you think the API has been cut again?
My bet is that Bitfinex wants to break off and be an exchange in its own right. I'm sure that was always the plan. According to bitcoinwisdom charts, BFX has more than half as much volume as BTSP. BFX yesterday ~16,000 BSTP yesterday ~ 21,000 they are breaking away from stamp cause we are in reverse ponzi.......they won´t send any liquidity to Slowenia as nobody cares if its credited or not....havn´t you hear the japanese authorities....protest not allowed...running with everybodies money endorsed...cause those subversive bitcoin suckers need to learn some lessons and their laywers told them....please don´t intervene we will plunder them ! |
|
|
|
Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
they were at 0.18 this morning....yes of course everybody knows it, even the early whales at bitcoinfoundation told you that its time to cash out, cause BTC is sucked dry still no amount of reality in front of your eyes can convince you that craptofuck was hijacked by the sytem ! It is ! GTFO |
|
|
|
How about Karples just makes a clear statement already. Even if the worst thing possible... they lost/stole everyone's money.... couldn't be worse than leaving everyone in the dark to speculate on what is happening, and what they think the market will do because of what they think is happening and reacting to ghosts and shadows.... or twitter post deletions.... I guess this is just bitcoin though.
no its about real -world laywers which want to be paid by everybodys gains in bitcoins cause they would never dare to risk their own efforts for getting anything accomplished.....you got to wait until they are paid beforhand before you will hear anything official -- get used to it and in bitstamps queue please |
|
|
|
To an extent I agree I do not think this is a Higlander scenario
There can be more than one
Money is the ultimate network effect. How is any other crytpcoin supposed to have less volatility than the one with the largest market cap? If volatility slows adoption, and I think we all agree that it does, then it's a huge hurdle to overcome. Money is the ultimate network effect. I hear you and I am a true beliver in the power of the network effect if a company/coin is lucky enough to ride that wave (after wave, after wave, eeek Tsunami) But A coin that was more evenly distributed with no huge holders, that traded on an exchange with high liquidity or a decentralised peer to peer exchange between wallet holders, with a baked in exchange into the client.... may have less volatility. Also I think that volatility is what caught a lot of peoples attention to Bitcoin... so it is a double edged sword. Also something great may come along, I am already diversified, I like Bitcoin but I also like some other cryptos that are popping up, dare I mention them here but like Nxt and Mastercoin, Protoshares that I think may have some potential , especially with the DAC's and colour coins etc... there is the potential to create some stable currencies using those protocols, as well as peer to peer exchange, and also like it or not as a concept, as a business the forging aspect of Nxt, if they can continue to grow and develop, is quite interesting, especially if you have a large number of Nxt, so there is reason to invest in the network and "forge" from there if the platform develops into something of use, which people can build onto , which is the idea, and if the community can reach out and encourage adoption because it provides solutions and profitable opportunites, then yes I can see another crypto doing quite well... does that mean it will dwarf Bitcoin, no... infact I am more inclined to think that the next "big and useful" coin we see will not get its next leg up, until Bitcoin has its next leg up... ie if Bitcoin jumps to $5000 and drags the marketcap up to 60 billionish then I can see coins like Litecoin, Nxt ** etc catching a ride on the coattails and increasing their marketcaps potentially by several billion+ ......which then would have a knock on effect, money is the ultimate network effect... and those development bounties that are out there would all suddenly have a lot more bang for their respective crypto buck, which means they can spend more on developing more , more marketing etc... Also as Bitcoin becomes more mainstream it is carving the path, and in doing so , doing a lot of the grunt work.. if people do get comfortable with Bitcoin, they are more likely to give another crypto a go that goes for traders/merchants and individuals even the media. I am playing devils advocate here ! and I do think that Bitcoin remains the mothership for now, and most likely for sometime, the network headstart is huge, and so is the headstart for adoption rates, ecosystem, investment rates, public awareness, vested interests, regulations, users, marketcap, etc but never say never is my moto. The other thing is that some Goliath of a corporation could try to give it a go.. one with a huge market share already in a symbotic industry that could evolve a concept and role it out to the masses with their already in place marketing machine and vast funds to throw at it and the masses would lap it up, and not care that it was not decentralised and not care that it was funded by "the usual suspects" that is also possible.. **Yes even dare I say it Ripple and fcking Dogecoin because wow Watch LTC/BTC and you know how your theory works before you will get ignored right away |
|
|
|
To an extent I agree I do not think this is a Higlander scenario
There can be more than one
Money is the ultimate network effect. How is any other crytpcoin supposed to have less volatility than the one with the largest market cap? If volatility slows adoption, and I think we all agree that it does, then it's a huge hurdle to overcome. Not volatility slows adoption...as majorly fucktards of speculators are using any coin first...its even appreciated for first adoption... But when you can be sure that the owner of any high cap exchange can insider trade and will run when the heist is big enough to pay out cronies and laywers, then you may be more inclined to use something that works even faster for transfering value from one point in the world to another ----- for buy and hold no craptofuck is suited which is more expenvive than their creation cost ! So LITECOIN is overvalued as well,sorry, but bitcoin 10 times more ! GTFO |
|
|
|
We are in a downtrend. The question is, how long will it last?
Until the gox situation is clear. The Gox situation is clear for anybody with a grain of common sense left......you have been had...BTC is dead...GTFO! |
|
|
|
But Bitcoin is a protocol and therefore it is more sensible to compare it to the history of other protocols rather than computer games?
To an extent I agree I do not think this is a Higlander scenario
There can be more than one
Bitcoin is different from protocols because it does have a very specific unit price. Imagine if e-mail would have been created in a way that later adopters have to fill the pockets of early adopters, so they can also send an e-mail. People wouldn't accept this and would create an alternative where everyone has a fair chance with using this protocol. So, in my idea, bitcoin is not neutral enough to be called an protocol. Gaming suits better to it, especially with the amount of gambling that's happening at the markets. Bitcoin is in reverse ponzi where the insiders are cashing out at Gox even as nobody here want to believe whats happenig in front of their very eyes. GTFO and over to LITCOIN |
|
|
|
no they're building bitcoin infrastructure not googlecoin infrastructure..( some of this is proprietary). It has nothing do with being to big to fail.. its just we're strengthening it by making use of it in business.
It doesn't matter that they are building bitcoin infrastucture, because if "googlecoin" would be created, and it would be of better code quality, then they can easily just take in "googlecoin" aswell. What I am telling you is that the support services are not dependent on bitcoin. So, it does not mean that the funds invested into the industry will guarantee the success of bitcoin. Bitcoin is like the worlds first computer game. The entire industry won't concentrate in developing this single game. The industry will build many games with increasing levels of complexity and depth. The industry is not dependent of this one first game. But Bitcoin is a protocol and therefore it is more sensible to compare it to the history of other protocols rather than computer games? To an extent I agree I do not think this is a Higlander scenario There can be more than oneThere are more than one.....BTC and LTC....the first one 10 times more expensive and 4 times slowlier with a fucked up reputation of plundering widows and orphans, vehicel of drug lords and moneylaundering... and me is the public relations departement of LITCOIN |
|
|
|
Gox just admitted insolvency...
You are not a Fudster normally? Gox is insolvent for quite some time already.......but ponzis run as long as idiots sending their money there... and BB keeps the scam going until the Gox accounts get frozen and all bids are withdrawn...and then the run will drown the other "ecosystem -exchanges" as well...GTFO as the whale at 579 cause you´ll need time to get your Fiat back from there as long as there are no queues....Cheers |
|
|
|
1800 BTC until 580 on Stamp and also a 1000 BTC ask wall@580 on BTC-E. It´s getting cheaper every day Its worth 60 bucks not a cent more compared to LTC...Gox will tell you soon enough |
|
|
|
|
Show Posts
