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Question: Is this the last time we see sub-$10K?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21529291 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. (142 posts by 32 users deleted.)
2017orso
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May 15, 2013, 06:46:02 PM
 #8461

positive little bitcoin segment on cnbc, positive in that it wasn't negative at least, win I'd say.
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NamelessOne
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May 15, 2013, 06:46:26 PM
 #8462

I don't know why everyone is hoping for a DDOS. That's only going to hurt Bitcoins reputation even more, so nobody will take it seriously anymore. It's gonna hurt Bitcoins value in the long run...
Hasn't hurt its reputation yet, they happen so often no one cares. Really isn't an issue.
fr33d0miz3r
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May 15, 2013, 06:47:53 PM
 #8463

I don't know why everyone is hoping for a DDOS. That's only going to hurt Bitcoins reputation even more, so nobody will take it seriously anymore. It's gonna hurt Bitcoins value in the long run...

I thnik that people will have more immunity to bad news, so it's very good. More crashes, more immunity, more stability in the long run
adamstgBit
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May 15, 2013, 06:48:46 PM
 #8464

UltimateReaper
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May 15, 2013, 06:52:27 PM
 #8465


I think its beautiful. (I'm actually talking about rain here.)

http://24.media.tumblr.com/tumblr_m9czr1Koad1rutbklo1_500.gif
crumbcake
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May 15, 2013, 06:54:06 PM
 #8466

 502 503 502 503 502 503  and page loads with  Last price:$112.89923
MAbtc
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May 15, 2013, 06:55:10 PM
 #8467

Of course! Just as I thought this wedge was going to break down....



..... now it's probably going to break upwards! Good old gox lag.
Frozenlock
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May 15, 2013, 06:55:16 PM
 #8468

Rain makes everything better.
telemaco
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May 15, 2013, 06:59:23 PM
 #8469

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an incompetence. How many millions have been lost due to this guy inability to run this company.

He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money. Just one catastrophic failure after the other and never learn.

Frozenlock
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May 15, 2013, 07:00:49 PM
 #8470

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an imcompetence. How many millions have been lost due to this guy inability to run this company.

He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money.



Why don't you open an exchange?

Let's see if you can do better.

To date, no one has done better.
ShroomsKit
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May 15, 2013, 07:02:39 PM
 #8471

I don't know why everyone is hoping for a DDOS. That's only going to hurt Bitcoins reputation even more, so nobody will take it seriously anymore. It's gonna hurt Bitcoins value in the long run...

Yup, that's what the people want here.
They get extremely excited every time something bad happens to Bitcoin. The more bad the better.
Then they start screaming about cheap coins while high fiving each other.
The lower Bitcoin crashes the more excited the get.
They actually would love to see Bitcoin go completely kaput. Then they can buy 1000's of coins that are worth 10 cents each. They would just love it!

Cheap coins people! Cheap coins!
telemaco
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May 15, 2013, 07:04:20 PM
 #8472

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an imcompetence. How many millions have been lost due to this guy inability to run this company.

He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money.



Why don't you open an exchange?

Let's see if you can do better.

To date, no one has done better.


What argument is that? I am good at my own profession. I run and administer some services 24x7 and i have some Service level agreements to comply with. If i don't comply i have to pay absolutely severe fines. Why is MtGox going unharmed for all their incompetence?

If i go to ear a concert and nobody plays music i cannot complain?? If i go to a restaurant and instead of food i get chlodric acid i cannot complain? They get fined. MtGox goes unharmed always and i cannot even complain?

That reasoning you just posted (why don't you do it yourself) would end job specialization. If i am a dentist i can do well my job but i require a good service from some other ...


So let me see, should i also study law to be my own judge and study politics and be my own senator or if not i cannot complain ...? Don't understand your argument really


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May 15, 2013, 07:05:27 PM
 #8473

I should probably post this in the tech/dev section, but since MtGox is down, here's my proposal for a true P2P Bitcoin network independent of DARPA-tainted interwebz:
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May 15, 2013, 07:05:44 PM
 #8474

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an imcompetence. How many millions have been lost due to this guy inability to run this company.

He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money.



Why don't you open an exchange?

Let's see if you can do better.

To date, no one has done better.

Times have changed and it's clear things are getting to big for Mark. I don't understand how you can't see it? There are a lot of people who can do a better job. Now i'm not talking about teenagers running exchanges in their mum's basement but real professionals need to enter the Bitcoin world. The position that needs a professional the most right now is the CEO of MtGox. And it has been like that for some time now.
MickeyT2008
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May 15, 2013, 07:08:16 PM
 #8475

It wouldn't surprise me if these ddos attacks were being set up by the US government or the banks, who are much the same thing anyway

Tin foil hat on standby....
fitty
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May 15, 2013, 07:09:58 PM
 #8476

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an imcompetence. How many millions have been lost due to this guy inability to run this company.

He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money.



Why don't you open an exchange?

Let's see if you can do better.

To date, no one has done better.

Lots have done better.

That's like saying, go make your own Facebook. Well FB has 400 million members, even if your site is better that doesn't mean you'll overtake a monopoly. By most definitions MtGox did/does have a monopoly. When liquidity matters, it's hard to overcome that starting out.

Over time better exchanges will come, and MtGox will lose it's market share. It's an awful POS trade engine, limited features, poorly run, unreliable and insecure.
TheKoziTwo
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May 15, 2013, 07:10:16 PM
 #8477

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an incompetence. How many millions have been lost due to this guy inability to run this company.
Your are free to start your own and better exchange.
He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money. Just one catastrophic failure after the other and never learn.
Mark didn't start mt.gox, it was the previous owner whom this magic the gathering card plan originated from.
telemaco
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May 15, 2013, 07:11:59 PM
 #8478

What a piece of shit Mt Gox is. I really hope this guy goes to jail. In my life i have seen such an incompetence. How many millions have been lost due to this guy inability to run this company.
Your are free to start your own and better exchange.
He got the best Magic the Gathering cards, he just found one day that he was running a billion dollar company (or exchange to a billion dollar market). So instead of playing with mages and trolls cards he just started to play businessman being absolutely horrible at it and making thousands of savers lose their hard earned money. Just one catastrophic failure after the other and never learn.
Mark didn't start mt.gox, it was the previous owner whom this magic the gathering card plan originated from.


Again...


What argument is that? I am good at my own profession. I run and administer some services 24x7 and i have some Service level agreements to comply with. If i don't comply i have to pay absolutely severe fines. Why is MtGox going unharmed for all their incompetence?

If i go to ear a concert and nobody plays music i cannot complain?? If i go to a restaurant and instead of food i get chlodric acid i cannot complain? They get fined. MtGox goes unharmed always and i cannot even complain?

That reasoning you just posted (why don't you do it yourself) would end job specialization. If i am a dentist i can do well my job but i require a good service from some other ...


So let me see, should i also study law to be my own judge and study politics and be my own senator or if not i cannot complain ...? Don't understand your argument really
hmmmstrange
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May 15, 2013, 07:15:38 PM
 #8479

Not familiar with any laws (or how to read them lawyer speak) so might a dumb question...but does the USD being legal tender in the US mean that other currencies are illegal? Or the other currencies can still be be used but just not legally obliged to be accepted?

From my limited understanding as well (so nothing dumb about it, my friend) a business can not accept a foriegn currency.  It can only deal in US legal tender.  It's not illegal to possess them, but to spend them in the US, on US goods and services is a clear violation of US policy.

So by that thinking, and as one stated earlier, owning Bitcoins is not illegal.  Using them is or at least technically.

Every single gas station and grocery store in the USA along the Canadian border accept Canadian dollars.
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May 15, 2013, 07:16:17 PM
 #8480

...I really hope this guy goes to jail. In my life i have seen such an incompetence....
savers lose their hard earned money. Just one catastrophic failure after the other and never learn.
Please.  You're on *speculation forum*  bitching about an overseas currency exchange.  You are not a saver.  You're a speculator -- chin up, bud!  
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