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Question: When New ATH?
Apr. 11 - 2 (2.9%)
Apr. 12 - 4 (5.7%)
Apr. 13 - 15 (21.4%)
Apr. 14 - 9 (12.9%)
Apr. 15 - 8 (11.4%)
Apr. 16 - 2 (2.9%)
Apr. 17 - 7 (10%)
After Apr. 17 - 23 (32.9%)
Total Voters: 70

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25257028 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. (157 posts by 13 users deleted.)
fonzie
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January 26, 2014, 04:15:02 PM
 #79781

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

But will be fixed soon, right after Midas get´s online and Fiat withdrawls and LTC and you know. SOOOOON
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adamstgBit
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January 26, 2014, 04:15:36 PM
 #79782

Did the IRS or whatever return Gox's money yet? Didn't they seize accounts?

I'd expect to hear about somthing like that

and i havnt heard anything...
Erdogan
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January 26, 2014, 04:15:48 PM
 #79783

Can anyone explain the $200 difference with Gox?

1. gox has something, god knows what, that make some people prefer it.

2. The fiat transfer system is ineffective, so ineffective that arbitrage in sufficient volume is not possible. This is a bullish pressure.
UnDerDoG81
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January 26, 2014, 04:19:05 PM
 #79784

Can anyone explain the $200 difference with Gox?

1. gox has something, god knows what, that make some people prefer it.

2. The fiat transfer system is ineffective, so ineffective that arbitrage in sufficient volume is not possible. This is a bullish pressure.

I also started @MtGox because I heared later from stamp and the others.
seleme
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January 26, 2014, 04:19:12 PM
Last edit: July 28, 2017, 07:56:31 PM by seleme
 #79785

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Bullshit.
Aggrophobia
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January 26, 2014, 04:22:38 PM
 #79786

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Bullshit. Withdrawal made 2 minutes ago:

https://blockchain.info/address/15WYt7RanygXEXB3UpBJiC2n8vyYzf9jLg

Waiting now 50 minutes, withdrawal of 100BTC, transaction is still not in the blockchain...
samson
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January 26, 2014, 04:23:15 PM
 #79787

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Bullshit. Withdrawal made 2 minutes ago:

https://blockchain.info/address/15WYt7RanygXEXB3UpBJiC2n8vyYzf9jLg

I did several withdrawals, here's the first one I tried :

Just over 1 hour ago txid : 5bd711d500bb7aeb53e897e13a9a1768688afa46ebd51bf40e866f4a7cb05b22

Not on blockchain

I wonder if it's something to do with the amount of Bitcoin, I withdrew 10 BTC on my first test and 11 on my second test.

Neither have been sent.
seleme
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January 26, 2014, 04:23:58 PM
 #79788

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Bullshit. Withdrawal made 2 minutes ago:

https://blockchain.info/address/15WYt7RanygXEXB3UpBJiC2n8vyYzf9jLg

Waiting now 50 minutes, withdrawal of 100BTC, transaction is still not in the blockchain...

You're withdrawing too much Tongue

Things like that happen with all exchanges from time to time.
adamstgBit
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January 26, 2014, 04:26:12 PM
 #79789

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Bullshit. Withdrawal made 2 minutes ago:

https://blockchain.info/address/15WYt7RanygXEXB3UpBJiC2n8vyYzf9jLg

Waiting now 50 minutes, withdrawal of 100BTC, transaction is still not in the blockchain...

You're withdrawing too much Tongue

Things like that happen with all exchanges from time to time.

ya they keep the bare min. on the hot wallet... probably let these bigger withdraw hang and pile up and then process them at the end of the day in a batch.

being entrusted with people's bitcoins is serious shit.
samson
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January 26, 2014, 04:26:24 PM
 #79790

The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.

You can't withdraw BTC from MtGox at the moment, it's broken.

Bullshit. Withdrawal made 2 minutes ago:

https://blockchain.info/address/15WYt7RanygXEXB3UpBJiC2n8vyYzf9jLg

Waiting now 50 minutes, withdrawal of 100BTC, transaction is still not in the blockchain...

I heard there were issues with the withdrawals lately in IRC which is why I only made a couple of smaller tests, I'm waiting to move the rest but I won't do it until it's fixed.

FYI, here's a couple of links about withdraw problems at MtGox which have been going on for about a week now :

http://thegoxreport.com/

Transactions which haven't been processed : http://skanner.net/MtGox/mtgox_tx.php

They are not updated instantly and I believe they work off the MtGox feed of unprocessed transactions which is itself at least 2 hours behind.
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January 26, 2014, 04:27:13 PM
 #79791

If you have a failed BTC withdrawal from gox check here
http://skanner.net/MtGox/mtgox_tx.php

There are a number of reasons for the delays.
 I had a 6 day delay on a farily large withdrawal just after christmas, but in the end the transaction gets deliberately double spent and a new transaction is created.

Apparently it works more reliably if you keep withdrawals below 50btc.
Very annoying but BTC withdrawals do eventually get completed.
Erdogan
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January 26, 2014, 04:27:18 PM
 #79792

Can anyone explain the $200 difference with Gox?

Market analysis based on Elliot Wave Particle Duality Theory suggests that deltas over 10% typically are indicative of coming market failures.  I'm running calculations now in my Google spreadsheet to confirm.

wtf ....

This appears to be a benevolent form of trolling, but it is not. I know something that is going to happen on feb 14 that will prove it. Can't say, but it is called The Thing. Additionally, Proudhon was recommended self inflicted lobotomy, and he is considering it in this hour.
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January 26, 2014, 04:28:11 PM
 #79793

I had 8.5 BTC withdrawal from Gox 4-5 days ago, it went smooth too.
bassclef
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January 26, 2014, 04:29:07 PM
 #79794

Guys, Gox was "going under" six months ago, and six months before that.

Guess what? They're still here.
Erdogan
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January 26, 2014, 04:32:44 PM
 #79795

The fed total balance 4,097,914,  up 1,086,21 since last year. (millions of dollars)

http://www.federalreserve.gov/releases/h41/Current/

Chapter 8.




samson
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January 26, 2014, 04:33:00 PM
 #79796

Guys, Gox was "going under" six months ago, and six months before that.

Guess what? They're still here.

Yes they are but now you can only withdraw tiny amounts of Bitcoin
Erdogan
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January 26, 2014, 04:34:18 PM
 #79797

i am sure some of the whales have insider informations. Also, look at the huobi move, which has not a situation as gox.
This is exactly the sentiment that causes these panics. Everyone thinks there is some insider information and the more people that participate, the strong the feeling becomes. But in reality there is no information. More likely what happened is MtGox's 1D MACD crossed and all the heavy duty bots started buying, and then this massive movement caused all of the other markets to panic. I was watching - Huobi was following mtgox.

I am the only one with insider information. Can't say it all, but price is going up.
adamstgBit
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January 26, 2014, 04:34:29 PM
 #79798

Guys, Gox was "going under" six months ago, and six months before that.

Guess what? They're still here.

as much as we like to hate on gox, they still get the job done.  Everyone wishes they could do everything they do lightning speed ( which is possible, you don't hear so much BS coming from stamps ), and we all wish they had had there USD paperwork in order from the start, but they work like that, and nothing is going to change that.
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January 26, 2014, 04:37:37 PM
 #79799

I had 8.5 BTC withdrawal from Gox 4-5 days ago, it went smooth too.

I've withdrawn BTC from Gox as well and it went smooth.  Not sure anyone is arguing or disagreeing with that point.

When was the last time you've tired a USD or EURO / SEPA withdrawal from them over $1k and it's gone through?
adamstgBit
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January 26, 2014, 04:45:56 PM
 #79800

I had 8.5 BTC withdrawal from Gox 4-5 days ago, it went smooth too.

I've withdrawn BTC from Gox as well and it went smooth.  Not sure anyone is arguing or disagreeing with that point.

When was the last time you've tired a USD or EURO / SEPA withdrawal from them over $1k and it's gone through?


have you ever been GOXXED!  Tongue


MtGox is confident they will eventually sort out the mess thats holding up the USD withdrawal, or they wouldn't even give the option on the site.

meanwhile the huge % differance is there because every once in a while poeple lose faith they ever will fix up their shit.
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