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13981  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: February 10, 2014, 01:17:46 PM
In other words their release is basically saying mt gox is a thief and has stolen all our bitcoins if i read that correctly and i believe i did.

No , they are saying that the bitcoin protocol is broken and that it's not their fault for "losing" the customers coins.
Isn't this a nice way to say "we fucked up really good this time" ?  Smiley
13982  Economy / Speculation / Re: I want to invest everything I have in bitcoin this year ($12,300). 2014 specs? on: February 10, 2014, 01:13:19 PM
iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more

Problem is:
You didn't gain 30%. Doge was stable (measured in fiat) and btc dropped.
It's the same with people which hope btc will be 100 million per coin. Problem is: 100 million usd will be worth nothing at that time (hyperinflation).

You need the compare the value of a cryptocoin with real world goods not with other coins.

And unfortunately you can't to for the alts coins as their ties with the real world and commerce are so thin and consist mainly out of gambling and t-shirt sellers.
13983  Economy / Speculation / Re: BTC = $500 in February on: February 10, 2014, 01:10:54 PM
I was promised cheap coins Sad Where are they ?

here you go...... $102 cheap enough?

Too bad , just like gas at 0.02$ in available only in Venezuela , so were those coins available for a few seconds and only to people having buy orders at btc-e.
13984  Economy / Speculation / Re: BTC = $500 in February on: February 10, 2014, 01:09:42 PM
I'm gonna invest for the $500 drop, I believe in your data.

Wait for it , wait for it , go , go buy .
13985  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 01:06:58 PM
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.

Serious question, how long are you in this game/forum?

Sometimes , knowledge does not come with aging  , but other things certainly do.
13986  Other / Off-topic / Re: Karpeles - What will his fate be? on: February 10, 2014, 01:05:06 PM
My brain might have suffered some critical damage trying to understand the options for this vote ...
13987  Economy / Speculation / Re: I want to invest everything I have in bitcoin this year ($12,300). 2014 specs? on: February 10, 2014, 01:02:09 PM
iF you invested in doge coin just few days ago like me now you would have 30% more now..block halfving is just in few days so price jump was so obvius ..i bought at 145 satoshi just few days ago and now is 200 and i bet it will rise more

My chart is saying 190 , so  it's going after the btc prices in the pond.
13988  Economy / Speculation / Re: Where are we going now?? on: February 10, 2014, 01:00:20 PM
Lets talk about consolidation from here onwards.

I would have expected this to play out over a few days, but after that spike..... the bulls came out to play.

what is the price range now? 400? 500?

Is it ridiculous to suggest it's upwards from here?

This must be at least partly planned out.

I thinkn Gox decided to buy back the coins they got hustled out of by breaking the market and there is a good chance we storm to new highs here.

I am not betting that way, kind of meh as far as what happens next but since we didn't go to zero, if there is any goldrush mindset still in the air round coins then yeah we could go a lot higher now that the weak hands are flushed.

Wall Street is not here yet, etf's and winklevii and Fortress all in the wings so... ain;t over yet.

Could be wrong though so grain of salt.


It's time to get over this "weak hands" thingy. Most of the people that sold when hearing the news have already bought back with a small % gain.
Not all people who sell during a crash are always weak hands. Some of them have some very strong ones to play with.

13989  Economy / Speculation / Re: Mt.GOX is FINE, BTC HAS NOT 'CRASHED' on: February 10, 2014, 12:57:06 PM
It is amazing to me that anyone has been using Gox, in the last 9 months. When i hear these complaints and anger I am truly shocked at the victim mentality. Take some responsibility for your choices.

It was clear during last April that those guys were technical jokers (possibly well intentioned). It did not take much knowledge or research to figure that out. Definitely not up to real world challenges of running the largest exchange in the world. Anyone who ignored those signs and stayed deserves any losses and frustration they experience. I cleared out completely as soon as things stabilized last summer and have not looked back. There are plenty of options today and for the last 6 months.

If you still have money in Gox, you blatantly ignored dozens of warning signs to make that decision. Be honest with yourself. It will help your future investment decisions. Or just stay in denial and keep blaming everyone else for your situation. Your choice.

Respectfully. Grow up.

Gox's current collapse has been a long time coming, and was inevitable given the maturing of the broader ecosystem. It will not have any significant impact on bitcoin price (except as a temporary excuse for market movers to extract more cash from easy to scare newbies)



Amazing things happen in the crypto world and this is no singular example.

This , just like the others thing you raised in your post show that the myth about bitcoin being used by smarter than average persons is going to be busted.
13990  Economy / Speculation / Re: Mt.GOX is FINE, BTC HAS NOT 'CRASHED' on: February 10, 2014, 12:54:23 PM
It's fucking crashing right now, lucky I put all my BTC on DOGE, already up x50%

Of course you did , and of course you have gained 50%.
Too bad doge is going back down 15% in the last hours , and the price of doge is in btc.

So if doge is failing , is failing much more than btc currently.
13991  Other / Politics & Society / Re: Meanwhile in Ukraine... Revolution. on: February 10, 2014, 12:37:09 PM
What's the current situation in Ukraine? Have things gotten more stable or is it still raging in there?

Not even close to stable.
But also I don't think it will escalate to something worse.

It's currently a standstill and those with more perseverance will probably win.
13992  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:31:31 PM
mtgox wont die easily!

they will blame bitcoin protocol for their own failures.

prepare your FIAT for the last epic battle against Sauron.

Fortunately enough , it's not them who decide if they die or not.
Now , if we get a new influx of neurons in the community people might start avoiding it and don't trade there ever again..

Might be helpful not even mentioning it's name again.

13993  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:28:54 PM
Headlines: Bitcoin loses 84% of it's value in 15 minutes as a critical bug is discovered.
Fuck you gox!

Common , where did you get that 84%?
BTC-e 15 minute chart. The candle that went from 666 to 102.

Common , that was just an idiot dumping without looking at the order book first.
That could have happened in any other day.

And the way it got back is actually more positive.
13994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:24:57 PM
The proportions of the impact still feel very suspicious, Gox basically took some old and well known (to devs) things, and "turned" them into "news" about btc protocol. I dont want to believe that the whole crypto market is that retarded to panic so hard based on such "news"

There should be something more to it.

Well , sometimes the market acts like being retarded.
Also there were lots of people who took their chances with the drop in order to make a few btc on the dip , knowing that it will go back up.
13995  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:22:23 PM
And again:

Blame it on Mt. Gox:

http://www.youtube.com/watch?v=K2ku1A5Ox8U

How many crashes have they caused again? How many more will follow?

Hopefully this will be the last one.
After this I doubt they will have more than 5% of the market for a few weeks and then > 0.
13996  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:20:27 PM
Headlines: Bitcoin loses 84% of it's value in 15 minutes as a critical bug is discovered.
Fuck you gox!

Common , where did you get that 84%?
13997  Economy / Investor-based games / Re: Ponzi.io - Fast, Guaranteed 120% Payouts on: February 10, 2014, 12:16:33 PM
So you, a sr. member , did send 0.5 btc worth approximately 350$ to a ponzi games website?

I do what I want with my money.
I don't comment on how you use your money so don't comment on me please.
Like I said many times, I am ready to loose. We are in gambling section.

I think that the world economy is a ponzi : infinite FIAT, dept on future generations, infinite growing economy propaganda. Why aren't you shocked by this instead ?


I was surprised that you risked that amount on a true ponzi scheme , which was going to end the way it did just like many hundreds scheme on this website.
And with you activity , unlike others , you should have known than after two days the scheme is dangerous to play in.

But , as you said , it's your money , but I don't like scammers getting richer this way.

About the fiat printing , I can't stop using fiat and I can't stop them from printing anymore. About ponzi scheme, I can stay away from them.
13998  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:08:01 PM
Second wave of  dumping on stamp?
13999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2014, 12:07:10 PM
Imagine if bitcoin actually "dominated fiat currency" and became a global finance leader for banks etc. like the bulls dream of, and then shit like this happens. No way...

If bitcoin was a global finance leader as you say , do you think people like the clowns at mtgox would still be in charge of 20% of the trade?
14000  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: February 10, 2014, 12:04:50 PM
now it is time to buy litecoin !
 Grin

If the BTC foundation is not able to fix the maleability issue found by MtGox today within 1y, well it is a big opportunity for the LTC as it appears that the LTC dev team fixed plenty of bugs for bitcoin last year.

How about you name a few?
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