We all know Mugabe is mad but you'd have to be even madder to believe this!
Is it your handiwork OP?
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Must say I'm impressed. This is a kick in the teeth for the perma-bears and detractors.
Profit-taking seems to be moderate - too much of a risk of missing out on the continued rise.
A bottom of 5x the value from the start of the year - not quite zero eh?!
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I think you guys fail to understand the gravity of the situation.
WU literally could, with extremely little effort, turn every single WU place into the equivalent of a Bitcoin ATM.
This.
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Yeah. Your choice of analogy doesn't really help your case.
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Not going to happen.
BTC will only take off once there is a killer use for it. Either mobile payments or electronic payment on the Internet. Before that, it will remain somewhat of a curiosity.
Admittedly I'm answering a 5 month old question but: My business is using it right now. Tens of thousands of others are too. From an investment point of view if you wait until the killer app appears you've waited too long. But good call
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Today's attack was largely ineffectual as it seemed to be aimed at denying trades hence the 502 errors.
We can't rule out new tactics by the angry ickle script kiddies.
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What was the open price on 18th (today)?
There's no such thing as an open price with bitcoin; it's traded 24/7. We count the close as 00:00 UTC and it's useful though arbitrary.
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What was the open price on 18th (today)?
Around $93 so barring an unlikely slip back below $100, 2nd green in a row today. I was very impressed by this move over $100 and actually failed to make the most of it. Holding level overnight will again be a great sign.
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Just over half the volume traded of the previous day but a clear, massive bullish sign.
low volume == bulltrap The currency volume was low as the price is low. Coin volume however was massive.
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Nice times to rake some profit daytrading. Never did that actively, but its very profitable indeed Been daytrading for over 15 years and I have to say I have yet to see anyone get rich at it. Lot's of guys who made a quick million and then lost it all though. You can't predict a panic sell off and can easily lose weeks of profit in one day. Anyone who replies claiming to be getting rich on Bitcoin daytrading please show us your statemtents and continue to show them from now on. I doubt you will see this. Doing well enough thank you kindly.
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I used to be a huge bull up until the crash.
That sounds like you lost money. Fastest way to become a bear is to lose money.
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volatility is a daytrader's wet dream
Exactly why it is the vital life blood of a Bitcoin economy. Traders can not leave it alone, and provide much of the liquidity the ecosystem needs to thrive. Spot on. And what you say makes sense OP.
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Yep. Gox interface not accessible. And I'm not sure if this is bearish or bullish sign.
The attackers can only gain trade-wise when the price moves. With no trading ability how are people supposed to panic-sell? Another growing pain Mt Gox.
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https://www.facebook.com/MtGox/posts/458663370884742"UPDATE: We are waiting for technical confirmation, but it appears to be another strong DDos attack. We are attacked daily, but very soon we will be transitioning to a better service that will be a major improvement. Just getting ready for implementation." I know nothing of the server architecture but it must be that the front-end handles the trade requests and pipes them to the trade server with no external IP. So with the DDoSers (that's an appropriate name in my flavour of English) unable to lag trades, they are now attempting to deny access to trading for most people. I did get a trade in earlier but it was incredibly slow whole Mt Gox showed no lag officially. New week, new tactics.
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Oops. Implementing the unfunded orders update?
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Just thought I'd thank you in the main thread - I will be making a sizeable donation shortly - your site has been worth every (bit) penny and I really appreciate the constant improvements!
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This is great, thanks so much, I'll include the medium-sized one at tonycoleby.com/bitcoinI will be making a decent-sized donation very soon - your services have been invaluable
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It was always like that. Otherwise you could too easily manipulate the depth charts.
It means that MtGox has not yet run the update.
Right, OK. Never really tested it before - makes sense
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I guess there is so much fiat in Gox's order book ATM because of the difficulty of withdrawing big quantities of FIAT from MtGox.
Everybody is speaking about the newborn BTC millionaires - well, I wonder how many of our fellow forum members have tried to withdraw something like $1M from MtGox, I can bet it is a pain in the ass
I wouldn't try to sell that amount on an exchange even if I could.
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Lag at >2 minutes, no volume - hold on tight.
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