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dontek (OP)
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April 11, 2013, 03:02:08 PM |
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Trading is halted until 2013-04-12 02:00am UTC to allow the market to cooldown following the drop in price. Read more details on the support. https://support.mtgox.com/entries/21519569-Market-Cooldown-for-12-hoursWTF. And I just did a BitInstant transaction to scoop some more up. |
Send me your Bitcoin and I will make sure to HODL it safe for you!
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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April 11, 2013, 03:19:48 PM |
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"cooldown" ... "rollback" ... goxxed again!
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Nagan
Member
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Activity: 100
Merit: 10
Bitcoin is physical
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April 11, 2013, 03:28:20 PM |
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They are decentralizing - moving users to other exchanges, consciously. For the better good.
...or they are using the precious dowtime for the inevitable system upgrade.
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Bitcoin is physical.
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bozak
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April 11, 2013, 03:44:51 PM |
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What time does it reopen is US CST?
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nikkisnowe
Member
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Activity: 105
Merit: 10
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April 11, 2013, 03:47:16 PM |
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9 p.m.
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WikileaksDude
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April 11, 2013, 03:52:10 PM |
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9 p.m.
how many hours until..? |
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jojo69
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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April 11, 2013, 03:54:33 PM |
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9 p.m.
how many hours until..? 10 2AM UK time |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Malawi
Full Member
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Activity: 224
Merit: 100
One bitcoin to rule them all!
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April 11, 2013, 03:55:33 PM |
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UTC = GMT
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BitCoin is NOT a pyramid - it's a pagoda.
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dontek (OP)
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April 11, 2013, 03:57:25 PM |
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Guess what pisses me off the most about it is that this morning I used BitInstant to fund to MtGox (usually I would just fund to my bitcoin addy) but I figured I'd give MtGox a shot to try and swipe up some at a lower price. By the time I went sent the Moneygram and came back to the office, it was suspended. Still haven't gotten a coupon code yet for MtGox to fund it. Guessing it will take a while if they're taking it offline at the moment. It mentions trading but doesn't mention about funding lags. All I know is Imma be pissed if the moneygram I did earlier magically "disappears" into the CyberWorld.
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Send me your Bitcoin and I will make sure to HODL it safe for you!
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dontek (OP)
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April 11, 2013, 04:00:44 PM |
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aaaaand as soon as I hit POST I get the email confirmation and MtGox is funded. LMAO. Now I just get to sit here and stare at my money on their site until it opens back up. blah blah blah blah blah.
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Send me your Bitcoin and I will make sure to HODL it safe for you!
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nebulus
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April 11, 2013, 04:02:22 PM |
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Good to see this happen...
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MashRinx
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April 11, 2013, 04:08:03 PM |
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Good to see this happen...
I completely disagree. Although I do appreciate that Mt Gox sees they have major systems issues (web and db all on one server - who'd have seen THAT coming?), the idea that one Bitcoin service can decide out of the blue and publically communicate that "we're going to let the market cool down for 1/2 of a day" is a horrible message. "Our systems can not take the load again today, sorry", maybe, but "lets just all chill out for a while is just insane. What's going to happen now when the markets do open back up? I hope one of the other exchanges proves themselves as competent and up to this challenge soon, and Mt Gox becomes an also ran. Right now they look like the Magic the Gathering card trading platform they were, and obviously still are. ...and this is from someone sitting on the sidelines right now, not interested in buying or selling currently. |
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Maged
Legendary
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Activity: 1204
Merit: 1015
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April 11, 2013, 04:22:52 PM |
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"cooldown", with emphasis on down. When you are in a bubble, the absolute last thing you want to do (if you want the price to continue to bubble) is to prevent the market from providing 10% gains every few minutes. Much like how a company can have absolutely obscene profits, but because the profits were only up 10% instead of 15% for the quarter the stock takes a nosedive, the same applies here.
That being said, I see this as a good thing because it will kill the bull's hope faster, allowing us to return to the mean and start the cycle all over again pretty soon instead of having to wait half a year for the slow decline to hit the bottom.
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Malawi
Full Member
Offline
Activity: 224
Merit: 100
One bitcoin to rule them all!
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April 11, 2013, 04:28:14 PM |
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"cooldown", with emphasis on down. When you are in a bubble, the absolute last thing you want to do (if you want the price to continue to bubble) is to prevent the market from providing 10% gains every few minutes. Much like how a company can have absolutely obscene profits, but because the profits were only up 10% instead of 15% for the quarter the stock takes a nosedive, the same applies here.
That being said, I see this as a good thing because it will kill the bull's hope faster, allowing us to return to the mean and start the cycle all over again pretty soon instead of having to wait half a year for the slow decline to hit the bottom.
Yeah, better with a fast crash then the endless trickeling. |
BitCoin is NOT a pyramid - it's a pagoda.
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ventrabit
Newbie
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Activity: 22
Merit: 0
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April 11, 2013, 11:44:26 PM |
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Is there a good alternative to MtGox that isn't BTC-e?
There must be a more professional and reliable service. If there isn't then we need some competition in this arena quickly.
I like the BTC-e UI but I don't trust them. I have a bitcoin withdrawal with BTC-e that's been in limbo for 24 hours. Poor support. Also many accounts were hacked over the past few days.
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