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7801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 07:52:45 AM
What is really bizarre in all this is that holders of GoxBTC can currently exchange them for realBTC at 0.78 at bitconbuilder.com, yet they are selling them at < .5 of stamp price. They could sell their goxbtc for realbtc, sell those on a reliable exchange, and get more $ than selling one gox, and not have to worry about insolbvency or waiting months for withdrawals.

I do wonder whether those bids are still being honoured.

bitcoinbuilder is escrowing. Why wouldn't the bids in the book be honored?


Do the coins have to be in escrow before bidding or before closing the trade?
7802  Economy / Service Discussion / Re: Coinjar trading status and coins failure to send. on: February 16, 2014, 07:29:31 AM
I sent mine 4 hours later and system says confirmed but still not on blockchain. Sounds like you got lucky.
7803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 07:24:41 AM
What is really bizarre in all this is that holders of GoxBTC can currently exchange them for realBTC at 0.78 at bitconbuilder.com, yet they are selling them at < .5 of stamp price. They could sell their goxbtc for realbtc, sell those on a reliable exchange, and get more $ than selling one gox, and not have to worry about insolbvency or waiting months for withdrawals.

I do wonder whether those bids are still being honoured.
7804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 06:46:55 AM
Zero.
7805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 06:40:03 AM
wow gox ho lee fuk sum ting wong wii tu lo

I'll pay attention when the Gox price starts with a '2'.  

And even then,not much. 

Ok I paid attention.  Now going back to ignoring the Gox price.  
7806  Economy / Service Discussion / Re: Coinjar trading status and coins failure to send. on: February 16, 2014, 06:16:30 AM
It's Sunday afternoon (3:30pm) here in Australia and I believe CoinJar do not provide customer service outside of business hours.

I hope it is as simple as that.  But I just sent another transaction 4 blocks ago to test and it is showing as "sent" from the Coinjar end but does not yet appear on the blockchain.

You cannot walk away from an exchange with a broken / empty hot wallet and remain publicly silent just because it is the weekend. 
7807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 05:15:30 AM
If it results in the loss of hundreds of millions in market value I'm going with "bug".

It is fair to say that several exchanges - most notably Gox of course - were tracking transactions in a way that was inherently unsafe.  That, in combination with poor communication about a complex situation to the market, is what resulted in the losses. Smiley





I am aware of the distinction.  However from a consumer point of view it matters not whether the fault lies in the protocol or the wallet implementation.  The consumer lost their investment due to exchange insolvency due to something happening which should not have happened.  That's a bug.
7808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 05:01:17 AM
I wonder how all those people who bought gox btc at 70% of face value using real btc are feeling.
7809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 04:48:36 AM
wow gox ho lee fuk sum ting wong wii tu lo

I'll pay attention when the Gox price starts with a '2'.  

And even then,not much. 
7810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 04:22:49 AM
If it results in the loss of hundreds of millions in market value I'm going with "bug".
7811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2014, 03:37:44 AM
In spite of the epic fails of the last two predictions, let me try again for tomorrow.

We now have two apparently reliable Slumber Points on Huobi's chart (feb/14 = 4008 CNY, feb/15 = 3961 CNY); let's call that a trend.  Smiley

Extrapolating in a straight line gives ~3915 CNY for Huobi. Dividing by R = 6.12 we get ~640 USD for Bitstamp.

Therefore:

Prediction valid for: 2014-02-16 19:00 to 19:59 (not before, not after)
Huobi: 3885 -- 3945 CNY (3915 plus or minus 30)
Bitstamp: 630 -- 650 USD (640 plus or minus 10)

Defective predictions will be replaced or repaired, at our discrection, if mailed back to the factory in the original container.


Jorge

May I respectfully suggest your prediction will be right (but for the wrong reason).

The market is currently balanced and awaiting Monday's Mt Gox announcement which will likely occur at 7pm Japan time.  Your prediction occurs before then accordingly it is reasonable to anticipate that the market will continue to walk the current tightrope until an announcement is made at which point it will go ballistic depending on how the market takes the announcement.  Please note I do not refer to what the announcement says as its content and the market reaction are quite often two different things.
7812  Economy / Service Discussion / Re: Coinjar trading status and coins failure to send. on: February 16, 2014, 03:08:09 AM
Has anyone had a response to a ticket after 6pm on Friday?
7813  Economy / Service Discussion / Coinjar trading status and coins failure to send. on: February 16, 2014, 02:02:02 AM
This is the thread for discussion about Coinjar of Australia trading status and coins not appearing on the block chain. 

I have a relatively small exposure. 1.2 btc stated to be sent 48 hours ago but never hit the blockchain. 
Plus approx $290 Australian dollars.


No responses to tickets. 

No public statements from Coinjar since Thursday which said "everything is fine we are not affected by transaction malleability". 
7814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 09:32:13 PM
Stamp and BTC-e flatlined.  Something in the wind?

Balanced market.  Waiting for Gox Monday combined with reduced weekend volume.
7815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 09:23:57 PM
Is it just me or is the forum being ddosed again.

Yep, was expecting a huge dump

Yes I generally take ddos as a buy signal (or get ready to buy).
7816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 09:14:16 PM
There's only 4000 SR 2 coins.  Even if it's true market an easily absorb it.
7817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 08:46:40 PM
Is it just me or is the forum being ddosed again.
7818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 12:47:33 PM
Will Willy dream of electric sheep?
7819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 12:38:19 PM
This is highly appropriate at this time:

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

7820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2014, 12:12:28 PM
Gox wants to break out, but keeps getting slammed by +100 BTC sells, lol.

there people must be really cheesed, and scared. Think about it, first to announce the problem last to fix it lol.

Stopping USD, SEPA and JPY withdrawals wasn't enough of a hint I guess.  
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