The guy makes $200k+ per year while working at the NSA, he probably don't need money right now.
Actually, he lied about that, too. Actually, it wasn't a lie. 200k was his career high. He worked in many areas, that is why he knows so much. The government (via the NSA - our new Govt) is really scrambling to quiet the Shit Storm. Here is another whistleblower going into a bit more. http://www.corbettreport.com/interview-685-russ-tice-reveals-the-truth-about-nsa-spying/Long live freedom (of choice)... How anyone can side with a government that has lied (e.g. Iraq weapons of mass destruction, Afghanistan, etc) is beyond me. |
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Can't you just stop posting if you have nothing serious to contribute? You're not speculating, you're just trolling.
You must be new. You're going to have a bad time here if you don't assume 90% of the forum members are trollish fucktards like our mentally challenged Coinseeker friend. Would be nice, in addition to the ignore button being darkened (like Coinseeker), if it also kept track of the number of ignores. I bet he's #1 on here. Every so often he spews some truth though. That is why I have yet to ignore anyone - there is always a chance of "the truth in the false". Regarding the thread title, I do think MtGox is going to continue to see an exodus of customers. The healthiest thing is for us to have many medium sized exchanges, sharing the load. Gox really helped the last big crash to happen and now just started another downward movement. BTC was going against resistance anyway, but the timing of GOX, as well as the reason, is a bit suspicious. I think the easiest way to manipulate BTC, outside of just having lots of money, is to be an exchange. I don't know that we crash in the next two weeks, but I would not be shocked to see prices in the $60-$80 range, before going even lower... (More importantly, I don't think it will be from what happened on Gox, but I do think that will hasten or trigger things.) |
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This is great, really, it's like the red pill of perspective.
It is an argument of semantics to say there are 11 million (or 21 million) BTC's when each one is (currently) divisible by 8 decimal places.
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Now, why would anyone want to advertise that they potentially have lots of money on them?  |
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Goes to show you that you can't trust the market depth on Gox. Still going down and yet the depth (buy side) doesn't look terrible (like on Bitstamp) |
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How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. Didn't they lose everyone's password hashes recently? My friend had everything stolen. If your "friend" did not use 2 step authentication he deserved it. He did not deserve it. We all make mistakes. I only found out about the password hashes from a post on here. All gox had to do was send out and email informing customers what had happened and to advise them to change their password. I'm not just gox bashing for the hell of it, they are not that bad, but this could have been avoided. I missed that one, wow! That is really too bad, sorry to hear that. Again, there will just be a movement from Gox - that is healthy. |
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How the fuk would gox become insolvent... They're sitting on a goldmine of trading fees alone. You guys really need to stop thinking the worst possible scenarios, I personally think Gox isn't as bad as you guys make it seem. Yes, they have problems, but that's to be expected of an online exchange operating in a novelty area like bitcoin...
GOX is doomed. The sob stories are going to be classic, as millions evaporate to fund the retirement of Gox executives. I wouldn't go that far but they certainly have lost a lot of customers and they were partly responsible for the big correction a few months ago. You reap what you sow, so I think Gox will just lose market share. That is needed. They have done a lot for BTC, being a leader is very difficult. At least they have been great with security. It will be nice when the exchanges are more evenly distributed, % wise. |
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This is the perfect time to dump thousands of coins. Expect a continued drop.
I've actually been agreeing a bit with you lately. Free for coffee later?  Volume already at 28,000 and most of you guys in the US are not even awake yet.  |
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Thinking that for the moment this withdrawl issue is temporary. I don't know how many people are going to need fiat so urgently that they are willing to dump for $80. I could be wrong though.
It becomes a game of who will blink first though. As that 2 week date approaches some people might actually start selling as they think they will be able to then get their money out and buy elsewhere for less. As long as the arbitrage remains between exchanges this remains a possibility. The next few hours... days will be key...  |
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Bitcoin´s Horoscope for Friday, 21 June 2013
The story of the Solstice, for you, is a story of the need to comply and co-operate with a series of requests and requirements that are now being made of you. It is, to some extent, a story of sacrifice; of giving ground and accepting a small shift in a balance of power. Yet it is also the story of how you become the beneficiary of a significant, positive, process that has the potential to improve your future vastly. That can't happen unless you let go of some outmoded ideas about how things need to happen in your life.
Interesting timing Otoh, regarding the Solstice and what was announced at Gox yesterday (regarding no wires off the exchange for 2 weeks). Now there is a huge disparity in prices between Gox (high price) and most of the other exchanges (much much lower price, like 10 bucks). So, the sacrifice, is now (perhaps once again) GOX. The balance of power is leaving there and that is good for a decentralized currency. The outmoded ideas must be let go of. Great interpretation... And we have a "supermoon" full moon on Sunday. That is a peak and then the air has to release afterwards... A supermoon basically means it is at it's closest to earth. If you know what full moons in general can do to tides, you can only imagine what a supermoon does (earthquakes, volcanic activity, etc.) ""Some of the biggest natural disasters in recent history have taken place during supermoons, such as the 2011 Japanese Earthquake, the 2005 Indonesian Tsunami and the 1992 and 1993 Midwest floods, superstorm and blizzard," the company said." Think symbolically here too. Deep transformation and renewal (a bit Scorpionic and note - THE FULL MOON IS ON BITCOINS PLUTO!) Little tidbit on Full Moons and astrology: The full Moon appears when the Sun and the Moon are on opposite sides of the Earth. Emotions tend to be at a high. Social time is at a high. This is a time of increased creativity and intuition is heightened as well. Great time for business and sales. Purchasers have to be aware of the impulsive spend when the Moon is full. Read more from original site. http://www.urban-astrologer.com/moon-cycle.html#ixzz2WqA4dv00 |
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Wow, this is interesting. Looks like MtGox is really learning how to F themselves (not to mention a lot of their customers). Looks like Gox is going to lose a lot more market share after this one, rightfully so and good for us. I'm gonna sit this one out until things clarify themselves. Did I get my shooting star?  Predictions from this fellas?  Look at that same chart, zoomed out. To get as many bids as asks at 108, you have go right down to 80! Ranging from 90-100 looks easily possible. Less than 90 doesn't look off the table either. I currently have speculative orders in at 91 and 81, while I monitor the action from a distance. Ahhh, I didn't realize there was a fuller chart available - Thx. Be really really careful with your placements. You might very well make a profit but if the volume there is so low that it will slice through and won't bounce off the bottom till it hits resistance (which may be at $60 - $70). Looking at the chart last weekend I came up with these key support levels: $90, $82, $60, low $50's and possibly 20's. Nothing really new with my numbers but I did verify some of the patterns with the past bubble correction. |
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CampBX is now on par with Bitstamp.
Only Btc-e remains higher...
BTC.de is at $112 (The Germans are very resistant ;-) |
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CampBX is now on par with Bitstamp.
Only Btc-e remains higher...
What the heck is going to happen once people can withdraw their money from Gox? If you can sell higher and move the money out, many will do that. Wait 13 days? 10 days? 5 days? Which larger seller is gonna blink first on Gox? |
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Wow, this is interesting. Looks like MtGox is really learning how to F themselves (not to mention a lot of their customers). Looks like Gox is going to lose a lot more market share after this one, rightfully so and good for us. I'm gonna sit this one out until things clarify themselves. Did I get my shooting star? Predictions from this fellas?  |
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You just keep trying with your shooting stars won't you? This one won't form either, I can asure you. Just panic buy already, you're not getting your crash.   |
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Does what your getting at rhyme with Brash but sort of have the opposite outcome? My guess is everyone bought thinking the price would go up and now they are all looking at each other thinking "Oh... It didn't happen... Uh oh..." Looks like things just turned. I say 4 days of red candles ahead. This theory would fit the volume and price movement. It would also accurately reflect my mentality, when I intentionally throw logic out the window and try to observe what I feel/think as a purely emotion-driven investor. Full disclosure, I've been positioned for downturn for over a week. But today's actions are causing me to move my rebuy targets lower. Look at my post above. I am talking about todays candle formation. If we close at around 110 or below, we have a shooting star candle (reversal pattern). We have nice volume and it is right below support/resistance as well. There is emotion there as well though.  |
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Sorry to newb it up here, but could you explain what you're talking about here?  I think he means that these guys were heavily margined (and long) and when the price dropped enough, they were "called" and automatically released from there postion. That is an automatic sell for them. |
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Looks like things just turned. I say 4 days of red candles ahead.
price drops a few $, prophets immediately predict long term drops price rises a few $, prophets immediately predict long term raises bitcoin never changes No, not exactly. We had what looked like a shooting star candle (upside down hammer basically) 2 days ago but it didn't form. Then yesterday it was just long wicked one with a decent body. Today is a bit key due to the resistance area(s). Now we are forming that shooting star with good volume (52k), just below resistance.  |
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Bitfinex (Bitstamp) now @ $103.50 and people are still leveraged long up to their ears. Good luck unloading. Does what your getting at rhyme with Brash but sort of have the opposite outcome? Me? NooOOOOOooo, I would never...  I've been asking all day to see who's leaving MtGox, as many people are saying is happening... I've got a single answer (with limited BTCs). My guess is everyone bought thinking the price would go up and now they are all looking at each other thinking "Oh... It didn't happen... Uh oh..." Also, Bitifinex isn't very liquid. With more than 2k BTC leveraged long, that could take a long time to sell. Looks like things just turned. I say 4 days of red candles ahead. I noticed you mentioned Bitifinex and I looked it up - wasn't aware of them. Very very interesting considering... Funny about "Oh... It didn't happen... Uh oh..." At least my sell point is now above the current Bitstamp price, I felt bad after passing on the 100 bounce I felt... |
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