empowering
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Activity: 1078
Merit: 1441
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December 03, 2014, 09:54:43 AM |
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Why is ChartBuddy going bald? Male pixel baldness? |
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LFC_Bitcoin
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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December 03, 2014, 09:55:17 AM |
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ChartBuddy
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 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 03, 2014, 10:00:56 AM |
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lay785
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December 03, 2014, 10:03:05 AM |
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bidders stand to benefit from lowering the prices.
Seems like they are finally getting to it.
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JorgeStolfi
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December 03, 2014, 10:22:37 AM |
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PS, about the distribution of MtGOX spoils: They supposedly recovered 200 000 coins, 650 000 coins are missing. So unless you for some reason are very high up on the list of creditors, them coins are gone. Kraken is not going to empty their stash for Gox customers.
There is no queue, except that defaulted employee salaries are to be paid first, then suppliers etc., then the clients, and the managers last. The first two have been paid already, and there will be nothing left for the managers anyway. Among the clients, Kobayashi will first gather and validate all the claims, then he will divide the remaining assets proportional to the claims. So everybody should receive around 20% of their claims. However, it is not clear yet how the claims will be defined. Okay, sounds good. I've got a little under 20 goxbtc, where can I file a claim? Sorry to be degenerate but the mtgox site with all it's legal lingo is confusing as fuck, and I've found nowhere that explains it easily. IIRC the plan is to collect the claims by May 2015, and validate them by September 2015. But Kobayashi still doesn't know how the claims will be filed. Instructions on how to file your claim will be posted on that site, once he figures it out. The victims seem to be assuming that what they are owed is their final balance as stated in MtGOX's database. That is not the rule in such cases: the balance is ignored, claim is defined as deposits minus withdrawals. But, again, wishful thinking dominates... |
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JorgeStolfi
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December 03, 2014, 10:28:22 AM |
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People seem to have forgotten how badly bitcoin tanked last time there was an auction. It was only shortly after the auction completed that the bitcoin price went up a bit.
Last time, the price had a sudden drop right after the auction was announced (June 12) then recovered when it was known that a single bidder won all the lots (June 30). This time there was no drop when the auction was announced. Has the outcome been posted yet? |
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JorgeStolfi
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December 03, 2014, 10:30:42 AM |
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How much of VC's $ was injected in BTC related companies at a time of the first auction and how much is there now
I don't think the market cares about that number. News of VC investments in this or that firm did not seem to have any effect on the price. |
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Omikifuse
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Activity: 1750
Merit: 1009
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December 03, 2014, 10:34:34 AM |
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People seem to have forgotten how badly bitcoin tanked last time there was an auction. It was only shortly after the auction completed that the bitcoin price went up a bit.
Last time, the price had a sudden drop right after the auction was announced (June 12) then recovered when it was known that a single bidder won all the lots (June 30). This time there was no drop when the auction was announced. Has the outcome been posted yet? The drop was before the auction, when the coins suddenly moved and no one knew what was happening. When the auction was announced prices recovered |
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gkv9
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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December 03, 2014, 10:49:49 AM |
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People seem to have forgotten how badly bitcoin tanked last time there was an auction. It was only shortly after the auction completed that the bitcoin price went up a bit.
Last time, the price had a sudden drop right after the auction was announced (June 12) then recovered when it was known that a single bidder won all the lots (June 30). This time there was no drop when the auction was announced. Has the outcome been posted yet? The drop was before the auction, when the coins suddenly moved and no one knew what was happening. When the auction was announced prices recovered Agreed... And this time too, it seems that for the same bidder to make his bids at the lowest rates possible and to make him recover his previous losses of up to $10 million, big dogs are going to dump this BTC hard and the guy seems to be so much interested and have so much faith in Bitcoins that he is again going to invest up to $19 million that he invested previously making a bid of $600 per coin, and so to make himself to recover his money back, he needs to get the price to nearly $250 and then again need a pump till $600 to get everything recovered and a small profit... The sky will be the limit then... |
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bobboooiie
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December 03, 2014, 11:00:16 AM |
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Agreed... And this time too, it seems that for the same bidder to make his bids at the lowest rates possible and to make him recover his previous losses of up to $10 million, big dogs are going to dump this BTC hard and the guy seems to be so much interested and have so much faith in Bitcoins that he is again going to invest up to $19 million that he invested previously making a bid of $600 per coin, and so to make himself to recover his money back, he needs to get the price to nearly $250 and then again need a pump till $600 to get everything recovered and a small profit... The sky will be the limit then...
What the fuck? no more moon ? Is this confirmed ? |
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alexeft
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Activity: 854
Merit: 1000
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December 03, 2014, 11:00:55 AM |
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And, after a VERY long time, difficulty decreased!!!! I guess bitcoin is dead!!!  |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 03, 2014, 11:00:56 AM |
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podyx
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Activity: 2338
Merit: 1035
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December 03, 2014, 11:07:11 AM |
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Bear flag??
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Tzupy
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Activity: 2128
Merit: 1074
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December 03, 2014, 11:14:41 AM |
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Time for more China dumps?
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JorgeStolfi
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December 03, 2014, 11:15:40 AM |
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Last time, the price had a sudden drop right after the auction was announced (June 12) then recovered when it was known that a single bidder won all the lots (June 30).
This time there was no drop when the auction was announced. Has the outcome been posted yet?
The drop was before the auction, when the coins suddenly moved and no one knew what was happening. When the auction was announced prices recovered Indeed, blockchain gawkers noticed the movement of the coins shortly before the USMS announced the opening of the auction. But the USMS announcement came out on June 11, and the Bitstamp price dropped by 25$ on that same day. The announcement was all over the news the next day, June 12, and the price dropped another 25$. The auction took place on June 27, and the fact that it had a single winner (but not his identity) was revealed on June 30; the price recovered on that same day. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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December 03, 2014, 11:20:29 AM |
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I closed my long
We will probably go up in less then 10 minutes
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Omikifuse
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Activity: 1750
Merit: 1009
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December 03, 2014, 11:27:07 AM |
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Bear flag??
Where and why? |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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December 03, 2014, 11:29:26 AM |
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Bear flag??
Where and why? OKCoin 3m charts |
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bitcoinmining
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December 03, 2014, 11:35:27 AM |
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It seems like before the auction we'll see dumping phase, after that rally is coming. Difficulty decreased and miners are selling those Bitcoins so fast, also traders are waiting for the auction day. There is nothing to pump as I see...
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