And another one... Bulls are like - Where the fuck did my fiat go ?
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LMFAO...wtf is this ? The countdown to bitcoin's mass adoption ? I find it funny that people rely on some exchange news in order to get a lousy pump
Sssssh, sssssh... the only thing I enjoy more than being a bear is counting my money... right now I'm about to stack that s--- by being long. Don't jinx it! ROTFLMFAO
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LMFAO...wtf is this ? The countdown to bitcoin's mass adoption ? I find it funny that people rely on some exchange news in order to get a lousy pump
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Yep... Time for some movement. Probably up? If Bitstamp still intends to reopen for business today, as stated by Reuters, they only have five hours left (Slovenian time). Could make for an interesting Friday evening.
As far as I know they are in San Francisco right now... So local time there Their twitter feed says otherwise
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The bitcoin tribe is filled with people that live on short memory. Once Stamp will (if) reopen their whorehouse, people will be like " Uhhhh, it was not so bad. " and they will continue to trade there. I remember this happening with Mintpal and other exchanges. They will stay until the website will be hacked again and closed forever and that will be the moment they learned a lesson.
But of course, things could go differently.
that is amazing that you think the same thing that i think and we are both right that either bitstamp goes to complete hell eventually or things could go differently. it's just like bitcoin prediction for january that we think it will stay sideways although it might go up or there is a possibility it could go down. if you want you all can subscribe to my newsletter where i send out predictions like these weekly . Nah, the last part was me trying to avoid looking arrogant. You can remove this " But of course, things could go differently. " . The past events always confirmed me the "short term memory" problem. I'm ready to look like a dick if the opposite happens in the case of StampGox.
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Or maybe they don't want the price to fall and that's why they wait until the banks are closed. People who want to withdraw their funds from the exchange fast will buy bitcoin because fiat wouldn't get transferred until Monday. That is assuming people have lost faith in them. If not, we've had a week where nobody has transferred fiat to Bitstamp and dumpers are probably standing ready to send that mofo to the ground. When Bitstamp reopens, I'm not convinced that anyone will be eager to immediately exchange BTC for fiat on an exchange which will yet to have proven whether users can quickly withdraw fiat from their Bitstamp accounts. I think it's far more likely that those with BTC on the exchange will withdraw them to their own wallets; those with fiat on the exchange will immediately buy BTC and then withdraw them to their wallets - since it's the quickest and easiest way to withdraw. I may be wrong, but that seems the most likely scenario which, if true, would lead to an immediate demand for BTC and a price-rising rally. Who knows how strong the rally would be though... Ironically, this would mean that the less faith people have in Bitstamp once it reopens, the greater the price increase. The bitcoin tribe is filled with people that live on short memory. Once Stamp will (if) reopen their whorehouse, people will be like " Uhhhh, it was not so bad. " and they will continue to trade there. I remember this happening with Mintpal and other exchanges. They will stay until the website will be hacked again and closed forever and that will be the moment they learned a lesson. But of course, things could go differently.
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Oh my, these posts are going to be so funny to read when Bitcoin is $100k. People arguing over 10's of dollars lol !!!!
In a few years $10 will be worth nothing assuming the dollar fails to be the world reserve currency and people lose faith in it. Fiat paper is simply....toilet paper with ink on it. I believe that a lot of Fiat currencies are in for trouble in 2015 - Russia, The Euro, Turkey, Argentina, Russia's satellite states (such as Belarus) and even some Asian currencies mixed up in the devaluation currency war between China and Japan. But of all the currencies out there, I think the USD has the biggest chance of thriving. The US has the biggest economy, it has the most advanced military, it has the rule of lawit has a crap ton of foodand it has a strong, dynamic and growing economyThink about this - where would you want to keep a couple million dollars for 5 years? In China it can get confiscated, Japan is a QE freakshow with a declining population, in Russia your fate is tied to Putin and Oil, the Eurozone is about to go through some serious shit with Greece again, and most other places (except for the tiny nation of Switzerland) are a complete gamble. I don't get all these "US dollar will be worthless" people. The USD is the safe place to keep big pools of $ long term - bearing any major unexpected political or social black swan that knocks America down a peg or two. The people who need BTC aren't Americans, its those poor bastards buying toasters and flatscreens to try to save their quickly depreciating savings. Just my 2 cents. Just my 20 Beanie Babies
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What was the price of BTC at the time of this?
Somewhere around $800k at the time. (October 2013)... and you know what happened later haha
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I have waited 2 fucking years for this bullrun
If I miss the party just cuz I deposited my funds right before bitstamp got closed down, I will be fucking pissed.
Definately will be taking some more loans if bitstamp don't open up soon
Seriously, This is not trolling , no bullbearwhale crap talk... You need help. If you're seriously thinking about getting MORE loans you're right now worse that a bet addict. And I know what I'm talking about. Go on.. A guy taking more loans .. so he is already in debt He needs money and he only has a loan as a solution , it means he has no money outside his bitcoins and bitstampmoney And yet he wants to take it and invest it (aka smartsuit gambling) And you don't see a problem with it Kinda reminds me of that guy that bet "double or nothing" on his stash of ~50 BTC with a single dice roll. Btw, he lost. Link please! Fuck that 50 Beanie Babies bet. This one buried the fucker for eternity
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Again, i don't want to jump to conclusions but.. "Nejc Kodrič We are fully rebuilding our systems from the ground up so that customers can use @Bitstamp with full confidence and trust." - Cough Cough! We are not opening in 24 hours"Our temporary website didn't feel quite like home - so we gave it a little refresh while we work on restoring full services." - Ugh, we fucked up. Pantera Capital left our asses. Let's feed these peasants some irrelevant updates to boost their confidence.LMFAO... these messages look almost copy-pasted from Moolah's twitter " https://twitter.com/moolah_io" (the comments from 25 september till november are hilarious)... and you know what happened with that fat fuck Ryan Gentle, aka Ryan Kennedy, aka Alex Green. He/They were posting twitter updates every 2-6 hours with bullshit countdowns and fake platform migration stories till everyone accepted their losses peacefully.
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i call 300 before friday
Wait till StampGox finishes buying the lost coins and reopens the shack. You will see a bear STAMPede just minutes after.
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This movement on the market is not irrational at all. It's just Stamp buying back the lost bitcoins so they can fill the accounts of their customers. You will get to see another flash dump as soon as they finish.
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"I really did missed some of that good ole bear fucking" signed "TheBigNuttedBull"
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Bend over bears and take it deep in the punannyStampGox, aka BullStamp is doing some shopping right now.
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I'm waiting for StampGox to pump grandpa Bitcoin and then i'm getting the fuck out of crypto for a while...
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Market is being buoyed by Coinbase buyers switching to BFX and/or just somebody trying to put a floor under this. That said, the bottom is clearly about to fall out. Mining has accelerated so that miners can get new coins and sell them at this price before the price falls to the single digits. Then it dies. The end. Nothing else to say. The s--- has just died. Period. Death.
Enjoy the bloody sharts over the next few days.
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