|
wohohoo, now I smell real fear and a touch of desperation!
|
|
|
|
Wow... volume nearly non-existent
Bearish  |
|
|
|
Great time to be lending BTC on bitfinex - it is sitting at an incredible 0.35% daily right now! That is around 127% APR - compounded daily which would make it an effective annual rate of over 255%!! Why are more people not lending BTC over there??
The same reason we didn't store bitcoins at Gox. How big of a threat are wallet stealers? Curious. I keep almost all my coins on exchanges, because i'm paranoid about them. Unless you are trading 100% of your coins regularly, why don't you keep a portion cold? I will lose anything physical. Almost guaranteed. I have to replace my flash drives monthly because I always lose them... Make two encrypted copies of everything and leave one copy with trusted people who live far away. |
|
|
|
In reality I just transferred the overmajority of my trading capital to cold wallets.
Same here. My biggest bid filled exactly at 400. All the unfilled bids below 400 I cancelled and bought back at 510-515. Thanks to you and a few others that made excellent calls. Those ones and my own instinct allowed me to be right more often than I was wrong. Since I started dumping it's been intense weeks of crashes, rumours, late nights, TA, retracements, downswings and upswings to play. Now it's time for me to bring those old and new hard earned coins away from the exchange. They make a huge % of my net worth and I have enough of trading for a while. Enjoy your party!  |
|
|
|
... and the real 2k wall at 550. Since a few hours every time we drop close to 560, big buys happen. I speculate that the owner of the 2k wall at 550 is in fact the buyer by classic by-the-book wall manipulation. Let's see how long it will last ad what happens when he's done... the result is not certain at all: depending how much dry powder he has, he could as well create enough momentum for an uptrend that he'll later want to play downwards.  Thoughts? |
|
|
|
Lot of money to spent on that yet.
Work is cheap in Estonia. It's a country with European taste, good infrastructure, cheap prices and beautiful women. If only the weather was not so cold. The last one not being a problem for a Finnish chap anyway.  |
|
|
|
You know whats funny. The people that didn't buy gox, seem more desperate for gox to fail, than the people that did buy feel about them surviving. Why anyone who doesn't have coins/cash in gox would feel so strongly is a strange thing. Desperately hoping they didn't miss the chance of a lifetime perhaps Personally I have bad blood with Gox since the time I ran for the door with my coins last May (and paid a fiat premium for it) because withdrawal issues already back then. I thought they had gone shady and dishonest the least. I can brag about having said in person to Jon Matonis "I believe MtGox MUST DIE" some time at a meetup last year. |
|
|
|
|
Yes. Once in kind and once in kindness
|
|
|
|
|
This statement that says nothing and admits to nothing was written badly on purpose, and it is accomplishing its goal.
Longest con ever.
|
|
|
|
|
Brace yourselves. Here comes wave two.
|
|
|
|
Europeans gonna have a rude awakening today  More like I'm calling sick for work. |
|
|
|
lol, Voorhees just admitted he lost 550 BTC on Gox.
FFS.
I really hope that is his pocket money, I like the guy. He sold SD for peanuts and in a hurry and fled US for a nice tax heaven country, didn't he? I think many cougars in this community are impacted, just because they used Gox from the start and couldn't be arsed with securing their coins. |
|
|
|
STAMP BREAKS 460!  I think we need more cowbells |
|
|
|
|
Agreed downward move is irrational but think of bad publicity ponzi blablabla... The market could stay irrational for weeks before stabilizing then turning irrational upwards.
(some Europeans like me are wide awake on a eventful night like this one, and will no doubt have a pretty f*cked day at work)
|
|
|
|
287623 moved > 10k BTC. Interesting....
Noted, thanks |
|
|
|
I bought pi goxcoins for 1/pi bitcoins each, just for fun.
I yearn for a complex wallet.
Great idea. It could hodl in the form (Bitcoins + i Goxcoins) |
|
|
|
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.
http://en.wikipedia.org/wiki/K%C3%BCbler-Ross_modelI think your post is at stage 3: Bargaining. |
|
|
|
my guess:
mtgox and karpeles are under criminal investigation ...
whatever the case let's not forget Gox is the victim here. They are the victim of their own success! I can see how a fat overconfident nerd with low social skills, who happened to have stepped on this very powerful "bitcoin" toy, could end up isolating himself while digging his own paranoid prison. Now someone please turn my monitors off and get me out of here! |
|
|
|
So the question is how many people are gonna wake up and see their limit orders filled and want to cash out vs. how many are gonna turn bullish?
A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.
Dude. "Rich" and "dumb" are enemies. One can be both things only for a short period of time. And this one is surely rich. On whether he is soon to be poor, that has to be proven. So far all we know is that he had 5.5 million to spend, and he burned 150k in the process. |
|
|
|
Thanks for your generosity, Mr. Whale. This single move of yours just made me earn the salary equivalent of one week and half work. I know for you it must be peanuts, but I'm fairly happy feeding off your crumbles.  |
|
|
|
|
Show Posts
