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2721  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 11:23:25 PM
I think, and am hoping, that this is the sound of the last straw landing on the camel's back.

I've just signed up to the Bitcoin Foundation myself so I can at least help people to try and change it from within.  I would suggest others join me.  

If that fails then the Bitcoin community might as well reject the Bitcoin Foundation wholesale.  And that might not be a bad thing.



Bitcoin does need a voice - a focus as an advocate.

However, the foundation has little has little if any credibility - so if it is possible for fresh faces (and respected ones) to move in and push for change, it can't do any harm.

You would have my vote, take Jorge with you? Wink
2722  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 08:34:34 PM
3800 transactions waiting to be confirmed, is that normal?
https://blockchain.info/unconfirmed-transactions

Lets not panic over everything , only 2700 right now.

I look occasionally and under 2000 in active times is pretty normal but it does fluctuate a lot at busy times.

There is a lot of dust clogging things up a bit and with exchange DDOS going on and attempts by all and sundry to double spend, 2700, or even 4000 is not excessive.  If you watch on the blockchain, you will see transactions being dealt with, a rise or fall (general fluctuation) is to be expected.

Bitcoin is a honey badger, the protocol is fine.





2723  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 12:58:43 AM
You *can* double your BTC into goxBTC

worth a shot?

you decide  Wink

https://bitcointalk.org/index.php?topic=455243.180

looks like the best rate is 25% more BTC converting into GOXBTC

also...
Offering 400 at 90%, or PM me your bid.
this made me lol

Yep - then he offered me 60% a few posts later - made me laugh too Smiley

Even plays the spread on GoxBTC like a demon - he had a fair few in there... Not sure if he sold any.
2724  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 12:38:32 AM
its has occurred to me i could offer to sell 1BTC for 2GOXBTC

assuming GOX BTC CODE things still work...

you send me a GOX BTC CODE with 2BTC i send you a real BTC

any takers?

 Cheesy



Just transfered 20k to GOX. CCMF!
Love that cheap coins everywhere.

btw:
Bitcoin is a gamble. Satoshi Dice is a gamble.
GOX has a better return rate. No pain, no gain.


Quote
[Press Release - MtGox] New security features mean that MtGox is worlds most secure exchange.
Tokyo - Tuesday February 10th 2014.
START
Today MtGox(Tibanne ltd.) announced industry beating security features meaning that MtGox is now the worlds most secure Bitcoin exchange. Featuring security measures utilised by National reserves, MtGox now holds Bitcoins in the same fashion as most world central banks. This means that while you can trade on the exchange itself, the newly employed unswerving model of trust means that Bitcoins are held in a secure depository alongside cash reserves so secure that no unauthorised persons may gain access.
Speaking on the matter, MtGox's CEO Mark Karpeles stated that he had been inspired by PHP and central banking: "We knew that PHP could do anything, our wallet software had proven this beyond a doubt, so we started to ask if PHP could implement a central banking reserve type system. We were delighted with the results. This means that no-one can ever steal our customers money."
MtGox is delighted to announce that all customers will now receive this feature free of charge. This will mean that all funds will be secure in their permanent position meeting both Chinese and US regulatory requirements. MtGox expects that the US Treasury will release a statement later today in support of MtGox's new security technology. Customers should remain assured that MtGox will still accept deposits despite the new security features.
END

CCMF!!! Gox is best!
Erm, if that's a genuine gox statement, it seems odd that they got the date wrong.

Source please?

Are you joking? That's clearly a fake. And it's hilarious Smiley

Yep - just wish it was true!
2725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 12:33:30 AM
its has occurred to me i could offer to sell 1BTC for 2GOXBTC

assuming GOX BTC CODE things still work...

you send me a GOX BTC CODE with 2BTC i send you a real BTC

any takers?

 Cheesy



Just transfered 20k to GOX. CCMF!
Love that cheap coins everywhere.

btw:
Bitcoin is a gamble. Satoshi Dice is a gamble.
GOX has a better return rate. No pain, no gain.


Quote
[Press Release - MtGox] New security features mean that MtGox is worlds most secure exchange.
Tokyo - Tuesday February 10th 2014.
START
Today MtGox(Tibanne ltd.) announced industry beating security features meaning that MtGox is now the worlds most secure Bitcoin exchange. Featuring security measures utilised by National reserves, MtGox now holds Bitcoins in the same fashion as most world central banks. This means that while you can trade on the exchange itself, the newly employed unswerving model of trust means that Bitcoins are held in a secure depository alongside cash reserves so secure that no unauthorised persons may gain access.
Speaking on the matter, MtGox's CEO Mark Karpeles stated that he had been inspired by PHP and central banking: "We knew that PHP could do anything, our wallet software had proven this beyond a doubt, so we started to ask if PHP could implement a central banking reserve type system. We were delighted with the results. This means that no-one can ever steal our customers money."
MtGox is delighted to announce that all customers will now receive this feature free of charge. This will mean that all funds will be secure in their permanent position meeting both Chinese and US regulatory requirements. MtGox expects that the US Treasury will release a statement later today in support of MtGox's new security technology. Customers should remain assured that MtGox will still accept deposits despite the new security features.
END

CCMF!!! Gox is best!
Erm, if that's a genuine gox statement, it seems odd that they got the date wrong.

Source please?
2726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 12:27:08 AM
its has occurred to me i could offer to sell 1BTC for 2GOXBTC

assuming GOX BTC CODE things still work...

you send me a GOX BTC CODE with 2BTC i send you a real BTC

any takers?

 Cheesy



Just transfered 20k to GOX. CCMF!
Love that cheap coins everywhere.

btw:
Bitcoin is a gamble. Satoshi Dice is a gamble.
GOX has a better return rate. No pain, no gain.

Noooooooo!

2727  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2014, 12:09:51 AM
the market is saying that there is an ~84% chance that GOXERS will be able to withdraw bitcoin soon

It's a little lower than that - and it depends how you quantify 'soon'.

I was looking for about 82.5% on Sunday and couldn't sell mine at that.

I was offered 60% and some were publicly offering 70% 'real BTC' for 'GoxBTC' - which was too low for me.  

Anyway - I never thought they would open the doors on Monday.

Firstly, because their track record of keeping promises on things like this is woeful.

Secondly, because it would have meant a huge flight out of GoxBTC, likely to be rather damaging to the reserves.

I think it can't be soon, and would require balls of steel to say 'ok you can all withdraw now'.   Does that man look like he has them?

Maybe a zero fee offer, and of course a rising price as GoxBTC rises in price when people buy to get out would save them, but it's a big gamble.
2728  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 11:00:43 PM
Inoffensive, low-brow, but mildly interesting Huobi CEO interview:

http://forexmagnates.com/exclusive-interview-ceo-of-largest-bitcoin-exchange-in-the-world-huobi-responds-to-mt-gox-situation



2729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 10:52:07 PM
Overall i am amazed how Gox managed to fail so much over the years from the top1 exchange to a complete shithole.
How do you even ruin a business like that, it looks hard to do even if you try.

Greed, arrogance and incompetence.
2730  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2014, 01:33:24 PM
Quick one - am having a problem with a transaction sending from wallet to Stamp.

It's taken 2 and a half hours, still no confirmations.

Anyone help with an explanation?  It's showing there as 'incoming' but with no conf's and same in my wallet - 54 nodes, but still unconfirmed?!!

Advice will be most welcome.

Wrong thread. My advice is hold out for a better price.

Actually it's not to sell, just to maintain a balance across the exchanges, and not have too much in my hot wallet.

But thanks Wink
2731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2014, 01:17:12 PM
Quick one - am having a problem with a transaction sending from wallet to Stamp.

It's taken 2 and a half hours, still no confirmations.

Anyone help with an explanation?  It's showing there as 'incoming' but with no conf's and same in my wallet - 54 nodes, but still unconfirmed?!!

Advice will be most welcome.
2732  Economy / Currency exchange / Re: MTGOX <-> BTC BID/ASK on: February 09, 2014, 11:10:45 AM
Simple. Just "withdraw" BTC to another Gox wallet address. It works instantly. Just dont select "open transaction".

Thanks.


just use bitcoin withdrawal and unclick "open transaction", transfer will be facilitated off the block-chain(route through internal system), be on your own risks on counterparty risks though.

Thanks, and we are taking various levels of risk at all times in Bitcoin, with Gox it's a balance between leaving it in and getting it out.

I think it won't collapse, but I also think it will be a while until it sorts itself out.

I would put (immediate) collapse risk at around 10-15%, but short term 'total fix' at only 40%, if withdrawals of BTC are functioning on Monday, I will be goxsmacked.
2733  Economy / Currency exchange / Re: MTGOX <-> BTC BID/ASK on: February 09, 2014, 10:53:09 AM
I can buy goxBTC at 0.6 BTC

I have very little left on there - I will wait for a little better, Risto - I don't mind riding it out if I have to.

My last 'exit' transaction was kindly put back in my account by Gox, so it's just the crumbs.

Best regards of course.

2734  Economy / Currency exchange / Re: MTGOX <-> BTC BID/ASK on: February 09, 2014, 10:50:37 AM
still 7 real btc left! Who wants tham??? 80%!
small tradesteps Smiley but you go first.

PM'd you.
2735  Economy / Currency exchange / Re: MTGOX <-> BTC BID/ASK on: February 09, 2014, 10:34:18 AM
How does one go about actually receiving gox-btc in this transaction?

Voucher

No. Internal transfers of goxBTC still work perfectly fine.

Forgive me for being dumb - but how do you do an internal transfer of BTC.

Thinking of selling mine...
2736  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2014, 02:49:30 PM
Any russian speaking individual here who can translate? Has something to do with RUR inputs/outputs to btc-e. Thanks

https://btc-e.com/news/195  (switch to russian language)

Google translate says:

Information on inputs and outputs of RUR

07/02/14 00:00 from admin
Dear participants of the project BTC-e.com!

In connection with decision-making in relation to the crypto-currency in Russia working with Qiwi suspended indefinitely, as well as with other payment systems in Russia.

All financial obligations are met in full means available without commission.

Recommend that you use the system okpay (USD, EUR), interest on the conclusion on it is reduced to zero.

We apologize for any inconvenience.

Sincerely support btc-e.com
2737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2014, 01:46:58 PM
All the bulls are stupid. This is going BELOW 400$ ! Probably 200$ and below!

and maybe ripple to 1000 right ?

Well no we will have to wait they get out of beta first ^^ 0.5$ for ripple would be already a fucking bubble (it touched 0,1$ 2months ago)

Damn I would have sold the ones I had if I had known - it's usually over 50 to the dollar.

Currently over 55 XRP to buy 1 USD.

I think that is roughly 5.5 times worse than the figure you quote.

But hey, to be fair most of the hundreds of cryptos out there have one good day to look back on.
2738  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2014, 11:02:23 AM
Cryptsy down - does that mean they added 'MaxCoin' and were overwhelmed..? Wink
2739  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2014, 10:26:27 AM
Mt.GOX was 666.66 USD just now. 

The Number of the Beast plus a 0.1% transaction fee.   Smiley

+1

Maths and mysticism all in one Jorge! 

Well spotted - that ticks the boxes of most camps here...
2740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2014, 08:52:42 AM
wowowowowwww WTF is going on?   Huh Shocked Shocked Shocked Shocked

(just woke up)

Russians banned btc

Countries that don't like Bitcoin - China, Russia, Thailand, partially India and Iceland.

WTF is wrong with Iceland?

Iceland is a great place, I spend a lot of time there and I can't recommend it enough - but after its currency collapsed in the crash - it is very wary of wealth flight.  It's only 300,000 people - not a huge market for BTC - they don't even have an Ebay site.
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