But each to their own, I guess - maybe I spent too long liking music, rather than gear
Amen. I spent decades as a professional musician. The music always comes first. Aaaand... back to Bitcoin before we get flamed, eh?
If it wasn't so grindingly dull right now I wouldn't have replied - we are in danger of trolls and chartbuddy being the only posts here!
Right on. The only reason I replied to the original speaker post was to point out the fact that it was off-topic. Cheers. I know - no worries  |
|
|
|
I see the spread is decreasing, .. lol are people willing to hold dem gox bux again?>
It's not that Gox bucks are getting any better... it's just Gox BTC becoming progressively worse. So the price of shitty Gox coins is decreasing when measured in shitty Gox dollars. Ironic, isn't it? Correct. When the gox price falls to stamp price then the market will have priced in equal (snowball in hell) chance of extracting fiat or btc. Yeah - but the run for the door will not be pretty - this will not be a small story if Gox melts down. Pray for a takeover - or watch a little carnage, this is not good for Bitcoin - it's not going to be like Silk Road, it will cast doubts on the whole system and the bitcoin doomsters will love piling in to celebrate the stench of disrepute. Krapeles is on the (already discredited) Bitcoin Foundation. It's bad. Takeover soon - or the spotlight we have on BTC might no longer see the sparkling future of Bitcoin for a long time to come. It may turn and focus on the 'burst bubble' story and the 'seedy and unregulated' line, if it isn't sorted - it won't be pretty. I hope some investors are in there trying to lever Mark out. This WOULD be good news - I wonder where Loaded and his pals are right now... |
|
|
|
I see the spread is decreasing, .. lol are people willing to hold dem gox bux again?>
I think no new money is coming in to buy and anyone with coins is trying to get them out, who is buying from this man...?  'The world's leading Bitcoin exchange' with a stupid 'magic' name and messages that give out-of-date excuses. I bet the even toilets there have an excuse on the wall for the lack of toilet paper, due to the Japanese new year. |
|
|
|
This  +1 |
|
|
|
That's a bit better.... Maybe in appearance (depending on taste), but I'd imagine the JBLs sound much better. Those things look like the kind of low-quality designed-for-appearance crap you'd expect from Apple Corp. So this is what we're doing now... talking about speakers until the Chinese come back Or until Gox folds... whichever comes first Unless they pull it together, it might well meltdown - they aren't anywhere near getting on top of it. Krapeles has lost it, he should sell before all is lost. |
|
|
|
That's a bit better.... Maybe in appearance (depending on taste), but I'd imagine the JBLs sound much better. Those things look like the kind of low-quality designed-for-appearance crap you'd expect from Apple Corp. Maybe - but after 20 years of running a pro studios I am no longer impressed with size. And ugly is not good either! And listening to those huge, out of date JBLs on a Youtube video was frankly painful - sounded awful to me. Sorry, but I value my ears and size is just not impressive - especially if it takes up half the room. You wouldn't find them in any real pro studio, clients would die laughing. But each to their own, I guess - maybe I spent too long liking music, rather than gear....  Aaaand... back to Bitcoin before we get flamed, eh? If it wasn't so grindingly dull right now I wouldn't have replied - we are in danger of trolls and chartbuddy being the only posts here! |
|
|
|
Nice looking speakers but what exactly do they have to do with Bitcoin speculation? Not much and they are not nice looking at all! Who the hell would want those in their house? I have a pretty large studios - and I would not have them in it - ridiculous, ugly things! boom  That's a bit better.... |
|
|
|
Nice looking speakers but what exactly do they have to do with Bitcoin speculation? Not much and they are not nice looking at all! Who the hell would want those in their house? I have a pretty large studios - and I would not have them in it - ridiculous, ugly things! |
|
|
|
I sent a mail to Gox support about 45mins ago asking to get the funds that were stuck in limbo put back in my account... and now they're back there! I'd asked the support guy on irc to do it a few days back and he said not possible. Not sure, maybe I was a lot more polite this time Not really sure what to make of this, I know everyone is sick of hearing gox sux stories but this was a nano step in the right direction. I hope (although not kidding myself on) this is a sign of them actually seriously trying to get their act together.. which begs the question... if Gox somehow got everything sorted (lets for argument sake say midnight tomorrow), everybody got their BTC back in their wallets, month old fiat transfers appeared into our bank accounts everything was the way it should... would that restore faith in the magic exchange? or is the blemish too big now? can they ever regain trust of those who have left? Maybe. But I can't see fiat withdrawals ever being anything like acceptable. As long as coins could go in and out, it was not so bad - but they need to fix this AND fiat now - if they are to regain trust. It would take a lot for trust to be rebuilt after so much leeway has been extended to them. Put it ALL right and sure, yes. But can you see that happening? |
|
|
|
This CoinDesk article http://www.coindesk.com/poll-mt-gox-withdrawal-issues/says that (Mt.GOX) then posted an update saying that large bitcoin withdrawals may have been “stuck”, but that it had resolved the problem by refunding the affected accounts. Isn't that the same as saying "we did not send those BTC, and we have no plans to do so"? They have refunded mine for 10.89 BTC withdrawal that was nowhere for 8 days, I just tried to withdraw half of that, it was some 10 minutes ago and it's still not in blockchain. Looks like another period of waiting for my BTC is in front of me. Did another one for 1 BTC and still none in Blockchain. So it looks that they refund meant f'all for me. Try a ticket - they get around to them in 3-5 days at the moment. Maybe my withdrawals were smaller - but they all went through once the ticket was 'allocated'. But I never got refund - I think smaller withdrawals (which is all I dare to risk) just get stuck until someone digs them out. I went down to pulling 0.5 BTC at a time, but one of those got lost too (then found when I posted a support ticket). Went for it with 1.4 today - as I am nearly all out now - but sure enough, lost again. It's pretty bad.... |
|
|
|
Er... Actually it's not FUD, it's actually true - and Gox admit there are problems, this is what the site itself says: "Update - Statement Regarding BTC Withdrawal Delays Dear MtGox Customers, As noted recently, we are currently experiencing a problem where some bitcoin withdrawals are not being transferred correctly, affecting a limited number of users. Currently the problem is being fixed, but many previous transactions did not go through over the past days. Those transactions have now been returned to customer accounts in full, so any transactions that appeared to be "stuck" should now be refunded. This problem applies primarily to larger transactions, so we appreciate your patience as we fix the issue. Smaller transactions should be fine in the meantime, and we will update you on the status as soon as possible. Thank you for your patience. Best Regards, MtGox Team" But the above is not true, I understand Seleme on here is still waiting - and of four withdrawals (which I wouldn't call large) which I have made in the past two weeks, three were a week late and one today (1.4 BTC) is yet again stuck and not on the blockchain. There is a problem and it is getting worse. Late withdrawals are not being refunded they are (finally, so far) turning up where they were sent. It is not good for market confidence and is at least 2 weeks old and not improving. My own experience is that 100% of my last three withdrawals disappeared when they were listed as 'sent' by Gox and removed from my account. The BTC-e thing was pretty obviously malicious FUD, but the Gox issue is live and frankly, worrying to a nervous market. |
|
|
|
its not gona break 1k tomorow lol
Hmmm.... Gox has 2500 coins up to 1000 and 5500 down to 900.... I think we will see 1000 again pretty soon (I am guessing within days). Crash fear is dissipating, confidence in price seems good. As long as Gox sorts out its BTC withdrawal issues over the next few days, I think things look more solidly bullish than they have done for some time. Gox doesn't count. You are probably right - but I assumed he was referring to Gox rather than Stamp or BTC-e... 1000 at those exchanges is indeed unlikely. |
|
|
|
its not gona break 1k tomorow lol
Hmmm.... Gox has 2500 coins up to 1000 and 5500 down to 900.... I think we will see 1000 again pretty soon (I am guessing within days). Crash fear is dissipating, confidence in price seems good. As long as Gox sorts out its BTC withdrawal issues over the next few days, I think things look more solidly bullish than they have done for some time. |
|
|
|
4 days here, still no sight of my munie  Mine was 6 days.... hang in there I got one through after 5 days and thought ' ok - great' then made another one and it immediately got lost again. So waiting on ticket response for that one now. The annoying thing is I want to transfer more, but while this stuff is going on, I am waiting to be sure the last one goes through before I make the next. I want out of Gox, needless to say... |
|
|
|
 the great wall of china? Looks like a heart monitor in ER that has just flatlined. I am imagining hearing a long continuous tone... |
|
|
|
what? did mark make a runner?
Not yet - just speculation. |
|
|
|
|
I know it's only January but Proudhon's stunning coup with his troll parody making the news definitely makes him worthy of a nomination for the Wall Observer thread 'personality of the year' 2014.
I was just flying back from Edinburgh tonight and was checking the thread on my phone and drinking a cup of average tea. When I saw the article I burst out laughing and sprayed tea everywhere.
Made my day.
EDIT: Punctuation (tough on a phone!)
|
|
|
|
It's been some 55 hours since my 10.8 BTC withdrawal from Gox disappeared. I have no idea should I contact them or not.
Raise a ticket. Definitely - last time I got the transfer soon after it was allocated. I have just raised another for my second lost transaction, today... Jeez, Gox is bad - and it will crash it all if it pops  |
|
|
|
I think you may have it backwards. The government, any government, is essentially an engine for driving money to the special interests. They do that through taxation and regulation to get distributed costs and concentrated benefits. Bankers may be a special interest group, but we are a more concentrated and therefore more special group. For bankers, it is far more cost effective to hedge against a bitcoin takeover by buying a small stake in it than it is to fight us with largely ineffective prohibitions and regulations. Most bankers who even know about bitcoin think it is a joke or a fad. The banksters who see it as a threat are not numerous enough to fight it and don't want to do it if their fellow bankers are going to free ride on their efforts. So they hedge and join us. The other bankers won't realize what a disruptive technology it is until it's too late. they are the Tower records and blockbuster video owners of the financial world.
I used to work in the music business - it was unreal how it resisted downloads, until it was too late and sank their entire business model. After fighting and slagging off Napster et al, Steve Jobs came along and took over 25% of the entire music business at a stroke - and it was game over. They never saw it coming, refused to. Their business model is going to change regardless of whatever else they do. You can't uninvent new technology. If I was a bankster, I would try to pull a Steve Jobs (Steve Job?) using my existing market leverage while I still had it. The first bankster to break from the pack wins. Or they all lose and someone else just takes over their entire market. Bitcoin is coming. My bank closed today because of the weather. WTF?? the weather? seriously? Bitcoin today is like the Internet before the World Wide Web. We don't even have our mass adoption app yet. We have email where we can message a few thousand other nerds. Overstock, Coinbase and Bitfinex are like Usenet, telnet and gopher. Official approval is like when America Online, Compuserve and Prodigy opened their internet portals. Still waiting for our Mozilla Browser. Agreed, to paraphrase a certain cigar-loving American politician... "It's the network, stupid" I was once told an old story that the mayor of Chicago was being shown one of the first telephones in action. He boldly announced "One day, every big city will have one of these" I believe in the network of exchange being created - value and real tangible transactions of wealth being transferred effortlessly and for little cost. It is massive, and Wall Street cannot buy shares in it - so it confuses them, perhaps that is why they are not 'in' like it has been expected. Or maybe they don't even see what is happening.... My hunch is the big financial industry is full of dinosaurs - too big and cumbersome to be nimble. It would take them six months to even realise they had an erection. |
|
|
|
 This is the way I see it. Support for hodl policy. I think you may have it backwards. The government, any government, is essentially an engine for driving money to the special interests. They do that through taxation and regulation to get distributed costs and concentrated benefits. Bankers may be a special interest group, but we are a more concentrated and therefore more special group. For bankers, it is far more cost effective to hedge against a bitcoin takeover by buying a small stake in it than it is to fight us with largely ineffective prohibitions and regulations. Most bankers who even know about bitcoin think it is a joke or a fad. The banksters who see it as a threat are not numerous enough to fight it and don't want to do it if their fellow bankers are going to free ride on their efforts. So they hedge and join us. The other bankers won't realize what a disruptive technology it is until it's too late. they are the Tower records and blockbuster video owners of the financial world. I used to work in the music business - it was unreal how it resisted downloads, until it was too late and sank their entire business model. After fighting and slagging off Napster et al, Steve Jobs came along and took over 25% of the entire music business at a stroke - and it was game over. They never saw it coming, refused to. |
|
|
|
|
Show Posts
