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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26387707 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
TheKoziTwo
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June 19, 2013, 07:39:36 PM
 #17521

Hmm.. Clark Moody is disconnecting quite often, btct.co shows CloudFlare information..

http://www.youtube.com/watch?v=K2ku1A5Ox8U

Kozitwo is a chick?
Nope, I paid a vocalist to sing it.
adamstgBit
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June 19, 2013, 07:47:13 PM
 #17522

holy crap gold is really falling  Shocked

now testing its all time recent low of 1350...


expect Major BTC rally soon
adamstgBit
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June 19, 2013, 07:48:49 PM
 #17523

Hmm.. Clark Moody is disconnecting quite often, btct.co shows CloudFlare information..

http://www.youtube.com/watch?v=K2ku1A5Ox8U

Kozitwo is a chick?
Nope, I paid a vocalist to sing it.

did you pay her in BTC?
Jozzaboy
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June 19, 2013, 07:55:26 PM
 #17524

holy crap gold is really falling  Shocked

now testing its all time recent low of 1350...


expect Major BTC rally soon

Jozzaboy
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June 19, 2013, 07:56:15 PM
 #17525

Hmm.. Clark Moody is disconnecting quite often, btct.co shows CloudFlare information..

http://www.youtube.com/watch?v=K2ku1A5Ox8U

Kozitwo is a chick?
Nope, I paid a vocalist to sing it.

did you pay her in BTC?

I hope he didn't. The microphone sucked or the vocalist does  Grin
dexX7
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June 19, 2013, 07:57:03 PM
 #17526

Bitspend's bank accounts were shut down.

Quote
[Update/News] Why we have been slow and taking longer than usual to process orders. Hint, banks don't like Bitcoins.

[Update 3: Chase says "Your account will be reviewed to decide whether the source of deposits(exchanges) is legitimate and we will decide within 30 days if we will be returning any or all of your money" - quote from actual Chase employee. So because we have money coming in from Bitcoin Exchanges, we are now a criminal and have had all our money seized...]
[Update 2: We will be shutting down temporarily and not processing orders. Your order will be placed ASAP when we gain access to one of our accounts, or open an new one.]
[Update 1: Chase has also decided they needed to close my personal accounts and our main account as well and now all money is frozen and can take up to 30 days to get back. This means that we cannot even pay our credit bills with the money being deposited from Exchanges.]
There are a couple important things I must get to here, but I am also not going to be posting a wall of text, so I will keep it short and sweet.
Chase bank and another bank, have both decided that we as a Bitcoin based business are "Too High Risk" of clients, and have frozen/shut down our accounts. We were NOT given notice, and we were simply told "your funds will be sent to you by check within 10 days". This is not something we were ever warned about, given notice of, or even received the courtesy of a phone call from the bank beforehand.
The actions taken by the banks make zero sense because:
  • We spend a lot of money on their credit cards, which is how they make money.
  • We made multiple payments monthly, and always exceeded our owed amount and had "credit" on our credit cards.
We were the ideal customers, not in any way "High Risk" customers.
Due to this, we cannot for the time being, place international orders, as there is a hefty fee for those orders via the credit card companies and both cards we used which did not have those fees were shut down.
This does not effect any orders, they are still being placed with other accounts and will all be processed.
I apologize to anyone whose order has been delayed at all because of this situation. We are doing our best to fight through this, and to figure out a way to keep our legitimate business from being wiped out simply because banks don't like Bitcoins.
I will update this if and when we get more information.
Thanks,
Justin W.

http://www.reddit.com/r/BitSpend/comments/1go95b/updatenews_why_we_have_been_slow_and_taking/
ChartBuddy
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June 19, 2013, 08:00:32 PM
 #17527

bangersdad
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June 19, 2013, 08:10:37 PM
 #17528

oh ya their will be a rally tonight  no question.

gold & silver just took a hit.

lowest gold price for 2 years, could be interesting....this may change things in the short term - think i am going to buy a few coins tonight - should have bought more sub100, but got a good few.... there could be some good short term gains even if it does correct afterwards.
stereotype
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June 19, 2013, 08:11:58 PM
 #17529

holy crap gold is really falling  Shocked

now testing its all time recent low of 1350...


expect Major BTC rally soon

Max Keiser finally gives up on his gold crusade.
adamstgBit
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June 19, 2013, 08:18:21 PM
 #17530

Bitspend's bank accounts were shut down.

Quote
[Update/News] Why we have been slow and taking longer than usual to process orders. Hint, banks don't like Bitcoins.

[Update 3: Chase says "Your account will be reviewed to decide whether the source of deposits(exchanges) is legitimate and we will decide within 30 days if we will be returning any or all of your money" - quote from actual Chase employee. So because we have money coming in from Bitcoin Exchanges, we are now a criminal and have had all our money seized...]
[Update 2: We will be shutting down temporarily and not processing orders. Your order will be placed ASAP when we gain access to one of our accounts, or open an new one.]
[Update 1: Chase has also decided they needed to close my personal accounts and our main account as well and now all money is frozen and can take up to 30 days to get back. This means that we cannot even pay our credit bills with the money being deposited from Exchanges.]
There are a couple important things I must get to here, but I am also not going to be posting a wall of text, so I will keep it short and sweet.
Chase bank and another bank, have both decided that we as a Bitcoin based business are "Too High Risk" of clients, and have frozen/shut down our accounts. We were NOT given notice, and we were simply told "your funds will be sent to you by check within 10 days". This is not something we were ever warned about, given notice of, or even received the courtesy of a phone call from the bank beforehand.
The actions taken by the banks make zero sense because:
  • We spend a lot of money on their credit cards, which is how they make money.
  • We made multiple payments monthly, and always exceeded our owed amount and had "credit" on our credit cards.
We were the ideal customers, not in any way "High Risk" customers.
Due to this, we cannot for the time being, place international orders, as there is a hefty fee for those orders via the credit card companies and both cards we used which did not have those fees were shut down.
This does not effect any orders, they are still being placed with other accounts and will all be processed.
I apologize to anyone whose order has been delayed at all because of this situation. We are doing our best to fight through this, and to figure out a way to keep our legitimate business from being wiped out simply because banks don't like Bitcoins.
I will update this if and when we get more information.
Thanks,
Justin W.

http://www.reddit.com/r/BitSpend/comments/1go95b/updatenews_why_we_have_been_slow_and_taking/

this blows,

I wonder what reason they will come up with to not give them their money back.

" you used the bank to process small payments frequently,   we must seize your funds! "
420
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June 19, 2013, 08:20:43 PM
 #17531

where the fuck is proudho(r)n ?

He clearly stated he left us and that he never really meant a thing he said... I think he'll come back if it ever goes above 250 again.

damn, want to see that post Smiley
TheKoziTwo
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June 19, 2013, 08:25:31 PM
 #17532

Hmm.. Clark Moody is disconnecting quite often, btct.co shows CloudFlare information..

http://www.youtube.com/watch?v=K2ku1A5Ox8U

Kozitwo is a chick?
Nope, I paid a vocalist to sing it.

did you pay her in BTC?

I hope he didn't. The microphone sucked or the vocalist does  Grin
Nope, and let's just say it wasn't very costly, but better than me trying to sing it lol
Kupsi
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9.9.2012: I predict that single digits... <- FAIL


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June 19, 2013, 08:25:50 PM
 #17533

where the fuck is proudho(r)n ?

He clearly stated he left us and that he never really meant a thing he said... I think he'll come back if it ever goes above 250 again.

damn, want to see that post Smiley

Here you go...

https://bitcointalk.org/index.php?topic=191410.0

PS: Adam also tried to leave speculation one time  Cheesy

https://bitcointalk.org/index.php?topic=88993.0
420
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June 19, 2013, 08:32:18 PM
 #17534

yeah I don't announce my 'leaves' i just stop posting and come back like nothing happened and see a ton of n00bs commenting
Ivanhoe
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June 19, 2013, 08:33:54 PM
 #17535

Time for a warming up ladies.
fr33d0miz3r
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June 19, 2013, 08:42:26 PM
 #17536

No. Time for:

ChartBuddy
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June 19, 2013, 09:00:45 PM
 #17537

lucas.sev
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June 19, 2013, 09:45:04 PM
 #17538

Was there a big wall at 105 today that disappeared or am I imagining stuff?
ChartBuddy
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June 19, 2013, 10:00:30 PM
 #17539

Odalv
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June 19, 2013, 10:02:38 PM
Last edit: June 19, 2013, 10:14:33 PM by Odalv
 #17540

Was there a big wall at 105 today that disappeared or am I imagining stuff?
$19k to 100 USD/BTC
$42k to  90 USD/BTC
$64k to  80 USD/BTC  (yesterday $53k, $37 few days ago)

Edit: as you can see @ http://blockchained.com/  (bid sum [kUSD])
Edit2: growing and fast :-) (but who knows)
Edit3: "chooo chooo" :-)
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