Stamp goes up back again. So strange today... Or at least I never watched the price for 3 hrs a day before ^^
Gox back on, it dropped when Gox was down, then went up when it reappeared... |
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The last time Gox was down nothing much happened. Wouldn't get too excited.
Am not really excited - but Stamp is pulling back and I suspect people are selling there just in case. Not great for market confidence, so it is understandable. Cheap coins for the brave? |
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Clark Moody says Gox down 8 bux - red candles showing - but no trades moving - anyone seen this?
I believe the price is between 823 and 825 Gox. What are you seeing? Bitcoinwisdom (usually more reliable) showing 826. But trades list shows orders stuck at an 840 / 842 spread - I guess that was when it froze... But if so, how come it moves down? http://bitcoinwisdom.com/markets/mtgox/btcusd |
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Clark Moody says Gox down 8 bux - red candles showing - but no trades moving - anyone seen this?
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Mt Gox website says:
"Reliable
We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform. "
We nearly had both Stamp and Gox down simultaneously - hmmm....
Are they not still down? I am getting '502 Bad gateway' Have been for a few minutes - Stamp is on, though (am in UK, btw) |
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Mt Gox website says:
"Reliable
We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform. "
We nearly had both Stamp and Gox down simultaneously - hmmm....
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OMG not fcking tulip analogy again. Are noobs always brainless? Can they think for a second?
Thats why they're pigs right?
Agreed. It's the "but its not *worth* anything, argument", every time. REALLY!!!??? This technology is not worth anything!!? A trustless, decentralized, psuedynonymous account ledger, money receiver, money transmitter, with deflationary design, and low friction is worth nothing!!!??? GTFO But tulips have all those things AND they look good in your garden. Hehe... Tulips fight? Well, Gox is down, I'm bored - c'mon you guys go for it |
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Really frustrated too - I was on Bitstamp before I was on Mt Gox, as I am based in Europe.
I had to fight to find an easy way to fund my account, fight to give you my custom... and I have been reasonably loyal.
However, just when we need credible and stable exchanges in a relatively new and exciting marketplace, it all goes to pot.
Awfully slow running, ages trying to log in... Trapped in trades, unable to log on to adjust - I am sure my own pain has been worse for others, but it is still enough to make me wish there was somewhere else to go.
Looking after the customers who can (and will) soon be able to go elsewhere must surely be the number one priority for you.
At least make it look like it is?
If things go wrong - communicate somehow, let your customers know - you would make us all feel a little like you actually cared.
Which would be a start if you wanted to repair your tattered reputation.
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Bitstamp down once again, when there will be an exchange that cares about their long-time brand? Maybe bitcoin is shown us now that it has power to stay here awhile, maybe that will courage entrepreneurs to really make an exchange that doesn't fuck things up, at least nearly ever.
EDIT. I'm not trading these little dips and I don't think this will bring us more down, but it still isn't acceptable to go to your knees every time someone sells few coins...
Shameless plug for my 'Let Bitstamp know they're starting to suck as bad as mtgox' thread.Unsatisfied Bitstamp users, add your opinion, if you can spare a minute. Will do - thoroughly tired of the erratic exchange access - it's a 24 hour volatile market and have been for a long time, surely right now they ought to be able to cope. |
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All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.
Don't overcomplicate things. Tulips are useless. Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you You keep tulips, by all means - however, I am not much of a gardener, I will stick with BTC  |
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We are a shade short of the magical 900....
Where has all our irrational exuberance gone - everyone asleep?
I haven't seen a choo choo for ages.
No market prediction comment, just a mood one, are we blasé now...?
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The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy Just sprayed coffee all over the keyboard laughing.... Hilarious, wish I had that solution in my problem solving box! |
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The rise in price is not what is bothering me. What IS bothering me is that people seem to think the rise in price is a sign of it going mainstream. BUT IT'S NOT. It's just a hype brewing right now. Speculators wanting in on a quick profit.
The rise in price wouldn't bother me at all if the bitcoin economy/ecosphere/trading platforms/regulation were ready for it. BUT IT'S NOT. And when people realize this it's gonna come crashing down, only to rise again in the future, once all the stuff I mentioned above is in order and in place. Wel...Maybe this is the way it works.
I don't think anyone seriously thinks it is going mainstream yet - it's the fact it might be a lot bigger than it is. Sentiment, old chap - sentiment.... |
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Stamp down...? Can't log in...  |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. I'm always reading your posts... When you get bully I always sell. It's always the best thing to do... (no meaning to offend btw) Don't get me wrong - I just sold a couple myself, it's a fucking yo yo, but the steps are up - buy back in the upper sevens aand then sit tight til the 900s...! |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. |
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HOLD!!! 800 is not profit time, it's too early.
Wait, people, wait and watch.
The new money is coming in and they know about as much as we do, so they won't cash out yet - they will buy on the rise in case they miss out.
They have been hovering - now emotion takes over, with 30 million bux behind it.
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I have lovely bull avatar I have been trying to upload for two days...
But I can't - forum disabled new avatars.
Choo choo...!
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0
Was that all Ok. Good night everybody... I would stay up a little if I were you.... |
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Right now it is its perceived potential.
It's price is sentiment - if you believe in it, you are a buyer / holder, if not - the opposite.
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