Stories of everyone cashing out in the wall observer thread -- pretty bullish signal if every there was one.
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^This. It's a free market.
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Glad it's not just me.
I've been trying to use the API for my new application, and get the above error (in a malformed json-rpc response) more than 50% of the time. Looks like a plain mysql error being passed through.
I hope it will pass....
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the coins I had "parked" on BTC24 on the deposit address were moved on 2013-04-14 22:10:02 (blockchain time)
Once you send those coins, they are in a shared wallet. They are not "your" coins any more. When you withdraw, your coins will be different ones.
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I don't think there will be any big effect. Seems to me like the volume currently is not driven by free trading.
It should have the net effect of stabilising te price.
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drivel
Yes, processing more than 1 order per second on an orderbook of 11k is truly beyond our technological limits. /sarcasm off Bear in mind that the processing complexity goes up pretty much with the square of the new order volume, as for each buy/sell you scan through the others looking for matches. Then for each match, you have to start a transaction, move balances, update the order book etc, before closing the transaction. It's quite hard (but not impossible) to parallelise this. While gox figure out how to parallelise that though... We can help... Use other exchanges to spread the load.
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What's the point in even attempting in doing TA on the market in the current situation? Can we get charts down to the millisecond so we can ponder market psychology 30 minutes ago when orders were placed?
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You bitches think you can shake off the hands of millionaire investors?
Dont fucking cry about ..... hoarding, and fairness again.
^This
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Here we go.....
all-in again....!!!
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You seriously think that people holding Bitcoin won't have noticed what has been going on the last few days? And *then* panic sell?
What planet do you live on sir?
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Proudhon has spoken! $80 is the new floor then!
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So much for "cooling down the market". Open the flood gates a little, let the price drop with next to no volume, clam up again... Works quite well. Thanks Gox for dictating the floor for everyone...
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Anyone worried yet?
No, these dips are a great chance to buy more!
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You forgot to add "in the next 5 minutes"
... oh, and "probably".
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Here we go... looks like trading is back ON...
Hang on to your hats -- great opportunity to buy low on other exchanges if the Gox price holds up
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The price was held artifically low for too long at under $100. Now it is finding it's true value.
Similar thing happened under $50 -- we cut through up to $70 in no time.
This time, there's more buying pressure and the absolute values are larger.
I think this can still go on for some time yet. Sure there will be a small dip at the weekend, but long term it looks like BTC is "melting" up -- just what many have predicted.
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Do we have to have this same conversation every week?
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Wow, there are some nice BTC profits to be made in this swing.
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Millions of people are going to hate bitcoin after the coming crash. It's going to be far worse than 2011.
+1 If a major crash happens at this point, it will be WAY more damaging then last time. Like the countless stock market crashes throughout history have permanently damaged the stock market? Bitcoin could cease to exist tomorrow. I can't say the same about the stock market. Point proven. Yes you can: The stock market could cease to exist tomorrow. See, I just said it. Point proven.
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So are the bulls all in or do you have ammo to dampen the weekly dump?
Look at the bid wall :-) There is your answer... $110 looks like an absolute minimum floor right now. The dumps keep getting bigger and bigger. We had a dump of 40k last week, that would put us in the high $80s today. That would put us at... what... a 100% increase month-on-month. Not much to get nervous about! Then factor in the increased buying pressure at $80.
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