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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26380846 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.)
keithers
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February 07, 2014, 10:52:27 PM
 #84381

Bitstamp is doing more volume than I have seen in a long time.   The value on Gox is going to be below BTC-E, which is rare too...
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cdooer
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February 07, 2014, 10:57:10 PM
 #84382



BS, go do more research again.


Same to you. I'm not really bothered, I have nothing in Gox, forgot how emotional everyone is around here. No facts just FUD and who can shout loudest.

DON'T YOU GET IT Huh?? IT'S CRASHING !! BITCOIN IS THE FIRST VIRTUAL CURRENCY AND WILL FAIL !!

DO YOU HEAR ME Huh

FAIL !!

Fuck off and stop yelling, it's very impolite.
fonzie
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February 07, 2014, 10:58:16 PM
 #84383

New FUD on the line: FBI got the Gox BTC while investigating their connection to the Silk Road.

I can confirm the source:

"Dear CustomersRecently published media accounts are inferring a link between MtGox and the former online Silk Road marketplace and other illegal services and activities. MtGox denies that it has ever knowingly assisted, agreed to assist, or willingly cooperated with anyone to use Bitcoin to engage in illegal or illicit transactions."


FBI seized most of the coins/money....
medialab101
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February 07, 2014, 10:59:07 PM
 #84384

The stars have aligned... BTC-e, Gox, and Stamps all sitting at $721... get ready for the inter-dimensional portal to open up, or the rapture maybe?
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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February 07, 2014, 11:02:23 PM
 #84385


Explanation
JorgeStolfi
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February 07, 2014, 11:25:24 PM
 #84386

Hm, from what I have been reading, I would think that MtGOX maintained that 10% premium over market price to (a) encourage people to deposit BTC there, and (b) discourage clients who had USD balance from converting it to BTC and moving these out.

Since they have now stopped all BTC withdrawals, pure and simple, those two reasons do not apply any more...
billyjoeallen
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February 07, 2014, 11:30:59 PM
 #84387

This is not the Gox observer thread. People just keep saying the same things over and over again.
medialab101
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February 07, 2014, 11:40:20 PM
 #84388

This is not the Gox observer thread. People just keep saying the same things over and over again.


We've all been Goxxed, give us time to grieve...  and work through our issues (with Gox).
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February 07, 2014, 11:40:36 PM
Last edit: February 14, 2014, 12:47:07 AM by JorgeStolfi
 #84389

It's 8:00 07:00 am in China. Huobi's Bears suddenly poured out of their dens, angry and hungry.
hyphymikey
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February 07, 2014, 11:42:09 PM
 #84390

Hm, from what I have been reading, I would think that MtGOX maintained that 10% premium over market price to (a) encourage people to deposit BTC there, and (b) discourage clients who had USD balance from converting it to BTC and moving these out.

Since they have now stopped all BTC withdrawals, pure and simple, those two reasons do not apply any more...


+1

And lets add to the fact that without BTC withdrawals, you would be better to convert to fiat.

Also, I'm pretty sure Mt.Gox is letting some coins out to their VIP customers, which are dumping on the other exchanges.
JorgeStolfi
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February 07, 2014, 11:45:09 PM
 #84391

The easiest explanation is that while BTC withdrawals were possible and fiat withdrawals not, people bought themselves out of gox by bying BTC. Thus, the higher price.

Perhaps... but they had a 10% premium at leat since Sep/2013 (I did not check earlier than that).  Did they already have USD withdrawal problems back then?
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February 07, 2014, 11:46:11 PM
 #84392

Timber!  Stamp wall about to fall
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February 07, 2014, 11:47:19 PM
 #84393

CHOOOOOOOOOOO CHOOOOOOOOOOOOOOOO

MANofthePEOPLE
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February 07, 2014, 11:47:40 PM
 #84394

Timber!  Stamp wall about to fall

TERA
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February 07, 2014, 11:51:03 PM
 #84395

Silly walls crumble under the weight of actual selling pressure.
MatTheCat
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February 07, 2014, 11:51:08 PM
 #84396

Some whale's 941 Bid wall currently being rapidly nibbled away by dozens of 10-30 BTC sell-offs.

From 941 to 617 and counting. Not much beneath it to hold up the price when/if this wall gets devoured.

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February 07, 2014, 11:57:10 PM
 #84397

WHOA GOX WHOA! SIMMER DOWN NOW
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February 07, 2014, 11:57:32 PM
 #84398

Holy Smiley

Did i just see a 1k coin sell @ gox?

*Edit says stamp wall gone in 3...2...1...
hyphymikey
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February 07, 2014, 11:58:31 PM
 #84399

Holy Smiley

Did i just see a 1k coin sell @ gox?

I think our whale hit 1K sell on the wrong exchange lol
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February 07, 2014, 11:59:41 PM
 #84400

HOOOOOOOOOOOOOOODDDDDDDDLLLLLLLLLL!
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