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481  Economy / Speculation / Re: MtGox <-> BitStamp price divergence? on: February 16, 2014, 11:21:56 AM
I can't believe that in mid Feb 2014 there still are people coming to this forum and asking the same fucking questions over and over and over again.
482  Economy / Speculation / Re: (Poll) Will BTC break 266 on MtGox ? on: February 16, 2014, 11:10:49 AM
270 walls have been partially eaten.... It is back to 272 but 266 could be broken any time now
483  Economy / Speculation / Re: Why is bitcoin falling down? on: February 15, 2014, 07:45:11 PM
Thank you for answers.

There is a whole forum and you are asking for a summary, and you want it now.
Here it is:







You're welcome. Sorry for delay.
484  Economy / Speculation / Re: Transferring 25k into Gox to buy at current prices on: February 15, 2014, 07:29:53 PM
http://www.coindesk.com/mt-gox-users-awaiting-funds-survey-reveals/

(Sorry for repeat posting)
485  Economy / Speculation / Re: What if I bought gox coins right now? There like $330 on: February 15, 2014, 07:28:17 PM
http://www.coindesk.com/mt-gox-users-awaiting-funds-survey-reveals/
486  Economy / Speculation / Re: Is it my imagination or does Bitcoin tend to gravitate towards $666 on: February 15, 2014, 12:31:17 PM
487  Economy / Speculation / Re: Transferring 25k into Gox to buy at current prices on: February 15, 2014, 10:41:36 AM
also hire a hitman, just in case Wink

Yes, rumour has it there are some hitmen offering their services on Silk Road Grin

Think of it like a double or nothing gamble. If gox support fixes the withdrawals, then he doubles his money. If they don't, then he gets nothing. However, it's possible that even if they never fix btc withdrawal, he may be able to get the fiat back so it's actually better than double or nothing.

I like that line of thinking. Basically he is buying CDS denominated in Goxdollars, which he'll exchange on Gox for CDS denominated in GoxBTC. Actually all money on any exchange (or either in a bank account) can be thought of as if it were a CDS - in the sense that it is a gamble on whether the exchange will honour their obligation to you. Am I correct here?

And 25k USD are pocket money for some of us (not me).

You can check your money, but you can't check it out.

"Welcome to Hotel California" singing in my head  Cheesy

488  Economy / Speculation / Re: Good news! MtGox might enable BTC withdrawals again soon! on: February 15, 2014, 09:52:41 AM
In Gox-ese the word "soon" is redefined as "any point in time in the range from two weeks to never"
489  Economy / Speculation / Re: Transferring 25k into Gox to buy at current prices on: February 14, 2014, 10:50:19 PM
$300 BTC is mighty appealing............................................ hmmmmmmm

Just today a friend of mine who's not into bitcoin saw a graph with the Gox price  and decided to get involved.
His first question was what is the quickest way to get money into MtGox and which currency should he use on MtGox.

Of course I told him to stay away from MtGox.

But if you think you know what you're doing, then suit yourself.
490  Economy / Speculation / Re: $713, stamp is batshit insane. Bull trap or bear trap? on: February 14, 2014, 10:23:38 PM
Hmmm

Most posts in the Speculation forum are bearish by now.

Hmmm

I've seen that before

Hmmm
491  Economy / Speculation / Re: MtGox is the Flagship on: February 14, 2014, 08:10:07 PM
the fragship you mean

492  Economy / Speculation / Re: My forecast of bitcoin on: February 14, 2014, 07:58:31 PM
These kind of posts are a contrarian indicator and as such give me hope. (or not, depending on my malleable position)
493  Economy / Speculation / Re: Temporary rise due to Bitstamp? on: February 14, 2014, 07:55:13 PM
1. Your coins are not hostage of the exchange anymore. Effect: releases selling pressure. Price stops falling sharply.
2. You might want to withdraw your coins. Effect: reduces supply of coins. Increases volatility. Price rises short term.

As for the medium term trend, no one knows whether today's punch up was strong enough to cause a reversal or not. Stay tuned.
494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2014, 03:13:30 PM
Why havent gox prices begun recovery if its true withdrawals are coming back???

Not everyone reads this forum and checks prices every day.
See threads like: "I was away, what happened with GOX"?

495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2014, 01:36:29 PM
This has probably been posted but just in case:

http://theblogchain.com/2014/02/14/breaking-mark-karpeles-posts-to-say-mtgox-is-implementing-a-solution/

They are going to shut down while they implement the 'solution'
I hope they test their 'solution' on an isolated, air-gapped testbed first. If they have an isolated, air-gapped testbed yet.

They apparently didn't before....

Here is your testbed, right under Mark's ass. It is air-gapped indeed Grin

496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2014, 01:13:31 PM
How much does membership cost? Surely a refund won't "break the bank"?

1.8 BTC I paid  Angry
497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2014, 01:12:39 PM
He paid for membership, not for the board seat.

You'd think the other board members could have silently replaced the seat with an electric chair by now.

They're quite a bunch anyway. I speculate that Karpeles still holds the seat only because he knows uncomfortable secrets about each one of them but Jon Matonis and Gavin.
498  Economy / Speculation / Re: I tried to help... on: February 14, 2014, 01:02:22 PM
Most of you ridiculed me, many laughed, now you see, just like the plummet thread, I was right..  100$ and below by tomorrow....watch, wait..its too late...  I must retreat now... prepare.

If it happens then I'll have regrets.
Emotions will fuck my psyche up a bit.
I'll feel ashamed and lonely.
At the very worst I'll get into porn, takeaway pizzas and drugs... oh wait, I can use coins for them.

 Smiley
499  Economy / Speculation / Re: I see an upward trend.. @$600 - Did we hit bottom? on: February 13, 2014, 11:30:10 PM
Nope, too much hope here too quick. The emotional cycle is not complete.
500  Economy / Speculation / Re: Where is GOX going? on: February 13, 2014, 09:55:34 AM
Let me expand (my speculation):

After purposely generating the FUD, Gox is using "liquidators" to trade goxcoins for realcoins.
So that they can shit on everyone and yet come out clean later.
In the Far West every rich man has dirty hands. See some of the characters in the board of the bitcoin foundation.
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