Stamp seems to have forgotten that it has reached the same level where it started and keeps going up...

Also, yesterday I was transferring my money from btce to stamp at a $10 loss (btce was $10 above stamp), and now btce is $30 BELOW stamp. wtf.

No. If Gox withdrawal issues are resolved it can result in these two things
1. Fiat leaving the market.
2. Coins entering the market.
Both are bad.


Update:

It looks like another leg down has been completed on chinese charts. 4 more to go.

I can imagine btce attempting to a trading rollback and Dalmar has already run with his $250 coins.

It is a passing thought. I may end up just withdrawing  a substantial amount of fiat to ease my concerns but keep enough here to still be involved. Protocol issues are serious business. You all act so confident. You are confident because all of the issues have worked out in the past (4 years), and you can be confident because the issue worked out today. You can even all be condescending to me after, of course, you have already won. However, the fact still remains that you cannot predict the future.

Maybe because the issue has been resolved now as fixable and not as serious as mtgox presented it to be. But you never know when one of these will be it. When prices hit $100 on btce and bitfinex it was kind of convincing.

I am again thinking of leaving the markets alltogether. I have never felt so much fear.  Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.

It was not upwards - it was sideways at best and kept failing to gain momentum after a multitude of positive news events, showing a tremendous weakness, forming a triangle, and then slowly evolving into a downtrend. It was so early into the consolidation after the last rally that we were nowhere near ready to break into a rally, final capitulation still hadn't happened, and a drop was destiny.

There's no reason for a rally tomorrow. The silk road crash interfered during an uptrend which is why a rally continued afterwards. Now there is a downtrend and prices were already slumping into a decline before this even began.

Silk road crash happened during an uptrend. This is happening amidst a downtrend. Thus it is too risky to even trade.

Looks like I cannot trade this. Bitfinex is halted, I only have a tiny a tiny amount of fiat on btce (after cyprus news), and my funds in Bitstamp I don't really want to touch but it's likely to be the only exchange that I can get fiat returned if the market collapses.

Edit: finex back up? Did they roll back the trades?

Imagine if bitcoin actually "dominated fiat currency" and became a global finance leader for banks etc. like the bulls dream of, and then shit like this happens. No way...

I think all of bitfinex just got liquidated. I pulled all my orders minutes before. Holy shit.

Guys... whats the realistic chances we get our fiat back from exchanges if the market collapses and there is bank run.

If Bitcoin is actually broken then it good news for none of us. The exchanges might even run with our money. Do we have a word from the dev team yet?

Can proudhon please confirm?

I have not heard good things about OKPay. It seems as bad as storing on an exchange.

In order to do this, I would have to make some type of bank transfer from my bank account to bitstamp.
- This might take too long to process for me to be able to act in time to trade.
- The transfer might be over some limit and too high.
- The large amount of the transfer will be viewed as suspicous by my bank and by authorities. (especially if done multiple times)
- The fees may be large.

I do not trust the international exchanges with my fiat for a prolonged amount of time anymore. I would like somewhere else to store my fiat during Bitcoin bear markets. I want a safe place to store the fiat where I don't have to have any worries about it at all, but also have the ability to instantly (or quickly) transfer the fiat back to a bitcoin exchange or buy bitcoins when the bull market starts. Ideally the account has:

-Legal establishment with a bank regulated by the united states.
-Some some of FDIC, SPIC, etc. insurance.
-Legal channels that will be able to receive my funds if something wrong happens
-The ability to instantly (or quickly) send the funds to a bitcoin exchange, or the ability to buy bitcoins.
-The ability to transfer very large amounts of cash (no limit)
-Non-ridiculous transfer fees for doing the above.

If you know of something similar to this (it doesn't have to meet every single one of my ideal requirements), please let me know.

I drew the conclusion of June-July also. I did it by drawing a line on the log chart aligning with the bull trend that ran from July into August and which stretches all the way back to the inception of Bitcoin. So this is the most likely trend to follow and the most likely breakout date. However, it will only hold if the United States embraces bitcoin and officially recognizes it as a legal enterprise.

The magnitude of the breakout ("bubble") might turn out being less than your predictions, however, as the market matures and enters into a more stable uptrend with less volatility and no subsequent crash as it becomes dominated by professional firms and market makers. There might not be a bubble, but simply a slow uptrend.

While it may not necessarily be Google's coin, I do forsee that another crpytocurrency or "digital money" comes out which solves the shortcomings of Bitcoin - including the blockchain scalability issues and the ability to update to stronger encryption algorithms once the existing ones (SHA256, EC) are broken. Then Bitcoin becomes known as only "the first digital money there was back in the day". I do not see serious worldwide banking adoption trusting billions and trillions of dollars into something that has a built in death sentence. Don't forget that Bitcoin is BETA software.