the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon
If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins. not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence if this is proven to be false then price is low for no good reason.  |
|
|
|
The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!
I'm still in, but I see a long road ahead.
Yeah I would agree if it was not for the speed at which things are happening... from 2012-2013 was one thing, then the past year another all together.. and now this year we are not even 45 days in and it has been quite eventful...and you can bet your hat that the smart money, the big money, in the game is not faffing around... and the events of the last few days cannot be a surprise to them surely? The coming investment and the coming ecosystem that will be built from that money , is not faffing around.. Outstock and all of the other players that are on the way, did not spend the past x amount of time, understanding the market, working out ways to use Bitcoin , and NOT expect any more volatility, heck I didn't and I fail to see how a well organised business could... One of the very hallmarks of Bitcoin is volatility, and whilst things have been moving fast and it has not happened yet I do expect it to get less volatile when there is more adoption and liquidity..but we are not there yet... anyanyone in Bitcoin should be more than aware of that at THIS point in time...other than that anyone expecting no price volatility has not been paying attention over the past 5 years. We are witnessing the changing of the guard in some respects, the market will demand efficent exchanges, and the market will get them and the crappy ones will die... this is already starting to happen now... the same goes for the entire ecosystem, what is there already is going to grow and get stronger, and what is not there yet but is needed will be born into reality..... there will be volatility for a while longer, but over the next few years we are going to see the price go parabolic.. even the media and th guberments are starting to slowly get onboard... nothing and I mean nothing has changed... MtGox needed to go, or sort their act out months ago, and hopefully now they will do one or the other.. and the market can move on... Also depending on how you use Bitcoin you do not at this stage need to take on any currency risk at all to accept Bitcoin (by using Bitpay for example) Seriously not much has changed in the past week, nothing that will matter in a years time, probably even less. |
|
|
|
There was once a troll named Fonzie
God , with that , you fed him for a hundred years!!!! Ha thats alright... most have him on ignore anyways, and you cannot keep something like that inside.. I had to let it out... |
|
|
|
|
Thats alright Fonz.... you make me laugh on a regular basis : )
enjoy you mad box of frogs you...
|
|
|
|
|
There was once a troll named Fonzie
of which no one was very fond see..
Because every word he spoke, was a terrible joke
and everywhere he looked there waz a ponzi.
There once was a troll named Fonzi..
a little little fish in a big pond see.
Because every meme played, seemed trite and homemade
not the sharpest knife in the box he.
There once was a troll named Fonz
took his name, from Happy Days long gonz
but to all of our despair and with no class or flair
The Fonz liked to share share share share
Has anyone seen dear Fonzie ?
No!
Not I! Not me!
Not us!
I see!
Excuse me mr Columbo but maybe he is dead?
" but for a troll he seemed really well fed?"
Perhaphs he fell somewhere and banged his stupid head…
Ok Bitcoiners fair enough, that was well said…
but, oh ,ah ,one more question before I go blondie.
Maybe he drowned whilst swimming in the pondie?
Ok ok you got me ! I confess, I really have to get it off my chest
what happened to the dear old lamented Al Fonzi.
He was a float, when I threw him from the boat
but with my boot to his head
I kept him down till he was dead
and now there is no more ol Fonzi.
You see there is no bubble down there I screamed and cried
and then slowly, thankfuly Fonzie died.
So…..
There once was a troll named Fonzie
but now we can hear him no more
Maybe a note
or the odd quote..
despite your f'kin ignore
Once long ago there was a troll named Fonz
or maybe it was Al-fonso, or Al Fonzie
I cannot remember ,or quite care...
just a mere flash of memory as I stare
at the Bitcoin price up in the sky
Now Proudon... what a guy...
...and now… well….really what can I say?
I guess in the words of the real Fonzie "Hey hey hey"
Where shall we go a sailing today?
|
|
|
|
Can somebody explain this bears and bulls talk? I´m here for a few months now but never understood what it meant.
bears want think the price to will go down and bulls want think the price to will go up FIFY There is one more - pigs - so called because they are greedy pigs... but, pigs are intelligent creatures, and they do not just thinkthe price may go down or think the price may go up, but they know it will do both... which is a grat thing to know only problem is pigs think that they are more intlligent than both the Bulls and the bears... but in reality how often do you see a Bull or a Bear on a dinner plate? pigs on the other hand nearly alway get slaughtered. Quite a lot of the people claiming to be bears are in fact pigs dressed up as bears. |
|
|
|
I was just admiring the shape of Fonzie's skull! There are bats everywhere! need my "gox" shoes!  Did you see what GOOOOOX just did to us man?? ftfy  ha ha good one !! |
|
|
|
 I mention no names |
|
|
|
I was just admiring the shape of Fonzie's skull! There are bats everywhere! need my "gox" shoes! Did you see what god just did to us?? |
|
|
|
I was just admiring the shape of Fonzie's skull! There are bats everywhere! |
|
|
|
 Once again, feebo levels are pretty hax for predicting bottoms, altho this time it missed the bottom for like 10$ or so (on stamp). My shortterm prediction - it wouldnt be too hard for the market to get back to 50% 688$ level Indeed. Fib levels really are great tools... not always accurate for sure, but great for spotting entry and exit points, I have used it and seen it work again and again and again over many years in many markets... quite something... be it the underlying observation that the fibbonanci sequence can be found in all organic systems, and there is actually a fractionalisation of the Bitcoin price or it is caused by a self fulfilling phenomenon. |
|
|
|
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.
wow... really? 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. I am confident in the people and the community and the tech, though who can tell what will happen for sure. The protocol issues raised by MTgox are old old news , and by now the fact that MtX is a mess is also old news.. I am not being condesending in the slightest, and each onto their own and each of us has our own goals and risk aversion and plans etc etc.. so if you have cash you need to protect then so be it.. do what you have to do of course! and I respect that..for anyone that is dealing in a serious amount of cash, for them, then this is a serious business... I guess for me I have chosen my path a long while ago, and for me it is a one way path with a binary outcome. I am not predicting the future, I am predicting we will reach one of two outcomes over the next 5 years, and have invested accordingly...that much I am happy with... (though I do think we are going to the moon, one of Saturns moons at that) I guess though from your posts that you are a trader first, so I can see why you would want to get into fiat and wait out the storm.. I guess from your postings in the past I was just shocked you said you are considering getting out all together... for me days like today are one of the things I love about being involved in and trading this relatively new technology, plus I do love to have fiat sitting around on exchanges with ready set and old buy orders just waiting to buy dips... talking of which I was expecting more of a flutter from the alts in a Bitcoin flashcrash than we actually got... though I did notic something quite interesting... I am also invested quite heavily in Nxt, and as the Bitcoin had a mini flash crash on protocol news, Nxt which it not a Bitcoin fork in anyway and uses totally different language/protocol - had an aggressive mini price spike, which was interesting... |
|
|
|
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.
wow... really? |
|
|
|
This could be the biggest dip on the pure fud that we had yet. Maybe it could be avoided if Gox worded it better, but who knows, maybe it was intentional?
Now , you're starting to say some interesting things. Who could have wished for a crash , and who could have profited from it the most , probably the ones who could create one and who are in so much shit to actually need a flash crash. gox? I wondered the same thing.. |
|
|
|
Another fine day to be alive... Business as usual - with more fun and games ahead no doubt....my general reaction to all of the drama of the past few days Gox included=  I salute you!  I literally cannot wait for the next 6 months... Happy Sunday... |
|
|
|
Fonz Fancy a trip to Spain this year?  |
|
|
|
Yes, soon the price will go up or down
Nice catch
It might also go sideways all weekend!  Bitcoin is going down to 100$ When? SMOON TM |
|
|
|
I do wish "Ignore" applied to quotes as well as original articles. sorry my bad.... I know I should not feed the trolls... I am in a cranky mood , hangover from hell |
|
|
|
ENDGAME  Is that a bull shitting out the brains of all of the bears as it pins you to the wall ? |
|
|
|
Yes, soon the price will go up or down
Nice catch
It might also go sideways all weekend! Bitcoin is going down to 100$ Your mumma goes down for less... so I hear... |
|
|
|
|
Show Posts
