With how slow Bitcoin deposits / withdrawls are on Gox right now I don't know if arbitrage would be effective.
I withdrew some BTC over 12 hours ago and it hasn't even showed up on Blockchain yet. Not sure if it's a glitch in their system or what, still waiting on support...
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Everything this guy posts is extremely shady.
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Based on the details of the recent Homeland Security actions, it appears that EVERY entity that associates or has associated with MtGox is subject to seizure of their money.
With that said.. Why hasn't the price of BTC's crashed today?
People are buying BTC in MtGox and transferring to wallets and other exchanges. Note the large price gap between Gox and Bitstamp. On that note, has anyone withdrawled recently? Sent BTC to my wallet address from Gox and it's not even showing on Blockchain.info, hour has passed since.
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Seems like MtGox's bitcoin daemon could be down... a withdrawl I processed an hour ago hasn't even showed up on blockchain.info yet
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Dying? No. Looks like it's just returning to its previous norm. I expect we'll see it fall to 0.022 BTC/LTC soon. The price over the last few weeks was inflated due to the MtGox news.
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Pushpool = P2Pool or not? No. P2Pool is different. I don't think I've seen a P2Pool for YAC, then again might've missed it...
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Stop crying...it's no different than any other coin launch here. Some people get lucky, others not so lucky.
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Not bitstamp related but on CampBX someone sold off like 30 coins for around $100 earlier. They must've wanted to get out pretty bad lol
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I still don't understand why Gox smashed the deal with coinlab, knowing that without an MSB they are in violation of the law. No matter how bad the terms were for gox this can't be better. Or did they think that FinCen was not serious?
I suspect a lawyer filled in the bank forms long before FinCen came out with their rules and then mtgox was blindsided. FinCEN came out with their updated guidance over two months ago. I mean lets no pretend the rules cam out on Friday evening and by Monday morning they had a warrant. Two months is a long time to either a) stop doing business with US customers or b) register as a MSB. Seems like Mt Gox was banking on the deal with Coinlab to go through so they didn't have to bother registering as an MSB. Stupid on their part.
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OMG Google is now an unlicensed money transfer thingy and must be stopped! Where is the DHS? They need to seize google's offshore bank account(s) ASAP. Because tehorrism and for the childrens. Well, I know you're trolling, but Google is registered as an MSB.
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Actually, they can since it's a .com domain, doesn't matter where it was registered.
Only ccTLDs are safe from the US government.
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It is a lucrative investment, I must say. On a related note... how the hell did we not pass below $100? $102.96 is a little... anticlimatic. It's possible we'll go down lower still. Depends on the scope of this seizure - if it will also affect direct ACH transfers to and from Mt. Gox that's going to be bad news. Dwolla -> Mt. Gox doesn't really affect the big players. Going by the post on Mt. Gox's Facebook they have NO idea what is being asked of them yet.
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How do we not have an explanation yet?
Surely when either Gox or Dwolla got the message they asked "why", so has the DHS just said "lol its a secret"?
From their Facebook page: Like many who have contacted us, MtGox has read on the Internet that the United States Department of Homeland Security had a court order and/or warrant issued from the United States District Court in Maryland which it served upon the Dwolla mobile payment service with respect to accounts used for trading with MtGox. We take this information seriously. However, as of this time we have not been provided with a copy of the court order and/or warrant, and do not know its scope and/or the reasons for its issuance. MtGox is investigating and will provide further reports when additional information becomes known.
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Ridiculous. BTER didn't kill anything, people are just losing faith in these altcoins.
Also, look at the market today:
- LTC took a major hit - BTC is down due to Gox/Dwolla news
Why would YAC be on the rise, given all of this?
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Maybe is just a continuation of the limitations in United States against online gambling
I thought the more interesting line was "confirmed to CNET that the feds had initiated legal action to halt Dwolla processing Bitcoin transactions". Which should include campbx? Are they trying to halt Bitcoin or MtGox? Hopefully the latter. Dwolla said it had nothing to do with them, just Gox. As of 12:13 PM on 5/14/2013, the U.S. District Court for the District of Maryland issued a "Seizure Warrant" for the funds associated with Mutum Sigillum's Dwolla account (a.k.a. Mt. Gox). In light of the court order, procured by the Department of Homeland Security, Dwolla has seized account activities with Dwolla services for Mutum Sigillum.
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I heard dwolla has also stopped working with campbx?
Wrong, just issued a withdrawl and it went through instantly.
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Wait, I'm confused....
People are still using Mt.Gox?
Who else are you going to use? Everyone else has lax security or no US-customer options. CampBX is in the US. Do they have lax security? They also use Dwolla. CampBX is solid, they just don't cope with load that well (site is very sluggish right now). By the way Dwolla transfers on CampBX are working just fine, I withdrawed some $ just now and received it in Dwolla instantly.
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CampBX too? Meh.
So we've got some little 5-10k sells going on. Not really that big a deal.
But... watch for the insider trading, like a month ago. We start seeing 25-50k dumps, then there really is a war on the exchanges - we just haven't been told about it yet. But the insiders will know amongst themselves.
I'll set some buy orders around $55-65 if the big dumps come - and maybe a flyer in the 40s.
I don't mind doubling my coinage. This too shall pass...
I don't think CampBX was affected, that was due to an unrelated outage on May 9, if you check the site the Dwolla option is still available.
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That was posted May 9... I don't think they are still having troubles, anyone know for sure?
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For what I'm seeing the market is still kinda stable. The big moves can be traced back to two huge dumps (if I remember correctly). After the dumps there were bounces and relative stability. This is no real panic selloff, where many people chase the price. Also bullish breakout of triangle on 5 minute chart while writing. Still: without more information I'm staying on the sideline. Anything else is driven by emotion and not because of a gain of knowledge.
Couldn't people be busy moving their coins around? It takes time. No one that wants to cash out in fiat is going to dump at Mt. Gox obviously.
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