Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Searing]

the poll i set up on this is a bit more complex

https://bitcointalk.org/index.php?topic=1573661.msg15797288#msg15797288

my choice is they won't cover and be slimy and still not fold

[DaRude]

!!!!!DO NOT LEAVE YOUR COINZ ON EXCHANGES YOU FUCKING MORONS!!!!!

This.

Very naive, asset needs to be liquid to have value. To be liquid we need a place to exchange it for other assets, and that exchange place needs to be able to handle needed volume, and to do that someone needs to hold a lot of cash and assets on said exchange

imho we need decentralized exchanges.

Still not 100% how those would work??? Still need cash on ramps and some third party holding it

[noobtrader]

 

what  is wrong with bitcoin  

i lost like 20% of my btc value even without losing a single bitcoin on bfx hax    

[adamstgBit]

what  is wrong with bitcoin  

i lost like 20% of my btc value even without losing a single bitcoin on bfx hax    

better sell now to lock in that loss permanently. lol sorry

tell me about it... i was buying all of last night.

[Unacceptable]

This is fuckin AWESOME!!!!! 

 Hope it drops to $300 for 4 months or longer,that'll kill off the farm miners 

[Karartma1]

Holy crap what a drop! What the hell happened to Bitfinex?
Really tired of all these exchanges imploding every now and then.

Lost my chance to exit at 600$.

Ok, I mean... we start again. As usual

This is fuckin AWESOME!!!!! 

 Hope it drops to $300 for 4 months or longer,that'll kill off the farm miners 

Back to CPU/GPU for a better decentralization 

[savetherainforest]

Holy crap what a drop! What the hell happened to Bitfinex?
Really tired of all these exchanges imploding every now and then.

Lost my chance to exit at 600$.

Ok, I mean... we start again. As usual

This is fuckin AWESOME!!!!!  

 Hope it drops to $300 for 4 months or longer,that'll kill off the farm miners  

Back to CPU/GPU for a better decentralization  

Pfff ... Condolence, if you had coins there.    

[Karartma1]

Holy crap what a drop! What the hell happened to Bitfinex?
Really tired of all these exchanges imploding every now and then.

Lost my chance to exit at 600$.

Ok, I mean... we start again. As usual

This is fuckin AWESOME!!!!!  

 Hope it drops to $300 for 4 months or longer,that'll kill off the farm miners  

Back to CPU/GPU for a better decentralization  

Pfff ... Condolence, if you had coins there.    

No man don't worry. I'd have to rephrase. I did not have any coins there. I left finex a month ago (lucky one apparently)
I did not expect such a huge drop but I simply wanted to sell some at 600$ which is probably not going to happen now.

[DaRude]

http://www.wsj.com/articles/bitcoin-sinks-after-exchange-reports-hack-1470195727
http://www.bloomberg.com/news/articles/2016-08-03/bitcoin-plunges-after-hackers-breach-h-k-exchange-steal-coins

Major news media are starting to pick up on it

[savetherainforest]

Hahahaha... this is just atrocious!!! ... Pop that bubble asap!!! ... Don't let it breath! ... Kill it quick with fire!!!  

[Searing]

http://www.wsj.com/articles/bitcoin-sinks-after-exchange-reports-hack-1470195727
http://www.bloomberg.com/news/articles/2016-08-03/bitcoin-plunges-after-hackers-breach-h-k-exchange-steal-coins

Major news media are starting to pick up on it

yep they are gonna sell a lot of papers and web eyeballs....and wait for it at the end of the week when the miners say they are gonna say FU to bitcoin core
and fork

then we will have a pity party of epic proportions (the other shoe to drop)

FML

[beastmodeBiscuitGravy]

http://www.wsj.com/articles/bitcoin-sinks-after-exchange-reports-hack-1470195727
http://www.bloomberg.com/news/articles/2016-08-03/bitcoin-plunges-after-hackers-breach-h-k-exchange-steal-coins

Major news media are starting to pick up on it

yep they are gonna sell a lot of papers and web eyeballs....and wait for it at the end of the week when the miners say they are gonna say FU to bitcoin core
and fork

then we will have a pity party of epic proportions (the other shoe to drop)

FML

I would be buying that like a mofo, if it's any consolation.   

[savetherainforest]

Holy crap what a drop! What the hell happened to Bitfinex?
Really tired of all these exchanges imploding every now and then.

Lost my chance to exit at 600$.

Ok, I mean... we start again. As usual

This is fuckin AWESOME!!!!!  

 Hope it drops to $300 for 4 months or longer,that'll kill off the farm miners  

Back to CPU/GPU for a better decentralization  

Pfff ... Condolence, if you had coins there.    

No man don't worry. I'd have to rephrase. I did not have any coins there. I left finex a month ago (lucky one apparently)
I did not expect such a huge drop but I simply wanted to sell some at 600$ which is probably not going to happen now.

Your good fortune pleases me!   ... Maybe we will drink some day to it when we are billionairs and trillionairs..

[Xiaoxiao]

Is there a bitfinex replacement out there that offers leveraged trading to North American customers?

[savetherainforest]

Is there a bitfinex replacement out there that offers leveraged trading to North American customers?

Dunno... But I recommend exchanges that require you a ton of personal information and that don't keep the coins or fiat on the exchange... and need like 10 security verification protocols. At least those are safe if you are not afraid of the government, and if those countries have permissive laws towards bitcoin... Try to find a country that actually plans to encourage BTCitcoin.

(*Edit: This if you want to be a trader... if you want to just buy for your personal stash&hold, you can just buy from one of the mainstream exchanges I guess.)

[Elwar]

I had 31 BTC on Bitfinex. It was likely one of the hacked addresses.

I hope they compensate all of the stolen coins. Though to do that they probably lose more money than they have which requires that they go fractional reserve which also means they eventually become Mt Gox 2.0.

 

[Gyrsur]

I had 31 BTC on Bitfinex. It was likely one of the hacked addresses.

I hope they compensate all of the stolen coins. Though to do that they probably lose more money than they have which requires that they go fractional reserve which also means they eventually become Mt Gox 2.0.

 

sorry for your loss!!

i guess the same. Mt.Gox 2.0 120k bitcoins stolen. maybe an inside job?

BitFinex is done!

[Unacceptable]

I had 31 BTC on Bitfinex. It was likely one of the hacked addresses.

I hope they compensate all of the stolen coins. Though to do that they probably lose more money than they have which requires that they go fractional reserve which also means they eventually become Mt Gox 2.0.

 

Sorry for your loss,but why keep ANY coins on an exchange for any length of time,cept long enough to trade with ??

Big no no most of us learned from Mt Gox implosion  

BTW 

[Gyrsur]

I had 31 BTC on Bitfinex. It was likely one of the hacked addresses.

I hope they compensate all of the stolen coins. Though to do that they probably lose more money than they have which requires that they go fractional reserve which also means they eventually become Mt Gox 2.0.

 

Sorry for your loss,but why keep ANY coins on an exchange for any length of time,cept long enough to trade with ??

Big no no most of us learned from Mt Gox implosion 

huh, maybe to lend others for margin trading? thought about the same but was to lazy/busy to realize it.

[savetherainforest]

I had 31 BTC on Bitfinex. It was likely one of the hacked addresses.

I hope they compensate all of the stolen coins. Though to do that they probably lose more money than they have which requires that they go fractional reserve which also means they eventually become Mt Gox 2.0.

 

They probably need to act fast on buying back the coins then... Since the price seems to be heading towards a new pump and a new bubble.  

My condolences!