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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (9.3%)
Early 2020 - 33 (21.9%)
Late 2020 - 44 (29.1%)
Early 2021 - 13 (8.6%)
Late 2021 - 24 (15.9%)
2022 - 4 (2.6%)
2023 - 0 (0%)
2024 - 4 (2.6%)
After 2024 - 3 (2%)
Never - 12 (7.9%)
Total Voters: 151

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21429518 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. (128 posts by 22 users deleted.)
pinky
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February 12, 2014, 11:09:23 AM
 #86941

So many bad news and btc is holding so well.
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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February 12, 2014, 11:11:03 AM
 #86942

received more "insight" on that february 2014 "event" from those nutjobs (?) at the farsight institute.

just dropping here for -- I don't know -- entertainment?:

Quote
_Implications Posting #4:_

_Above all else, those who govern seek to control what the masses accept as true, and there is nothing that they will not do in order to achieve this since it is the sole source of their power. The belief that those who govern would not brazenly manipulate knowledge simply for their own benefit is the single most important belief that supports their continued reign. This belief always leads to confusion, despair, and relentless cynicism from within the ranks of those who are controlled. Once this belief is abandoned, free will returns absolutely, and great change is inevitable._

_Notes:_
_1. This is one of a series of “Implications Postings” that refer to an announcement that will be made during the month of February 2014. Once made, news of this announcement will be available at www.farsight.org and elsewhere._
_2. These postings are designed to encourage broad public discussion of the February 2014 announcement. They do not directly address the specific content of the announcement._

Strange. You seem to have found the single paragraph on that site that is in fact sensible.
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February 12, 2014, 11:19:17 AM
 #86943

So many bad news and btc is holding so well.

 Smiley
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February 12, 2014, 11:23:24 AM
 #86944

Bought some more. God bless MtGox! Cheesy
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February 12, 2014, 11:25:37 AM
 #86945

Guess Bitcoin is not mainstream enough yet  Grin

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How did it get so late, so soon?


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February 12, 2014, 11:27:58 AM
 #86946

Guess Bitcoin is not mainstream enough yet  Grin



rofl
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February 12, 2014, 11:31:05 AM
 #86947

Mt.Gox seems to be ready to

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February 12, 2014, 11:32:14 AM
 #86948

Mark Karpeles – because he's the hero Bitcoin deserves!
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February 12, 2014, 11:34:53 AM
 #86949

Mark Karpeles – because he's the hero Bitcoin deserves!

Karpeles for President, the true saviour  Grin
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February 12, 2014, 11:36:29 AM
 #86950

Going to 450$ in 1hour
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February 12, 2014, 11:38:13 AM
 #86951

Looks like Goxcoin is not doing well
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February 12, 2014, 11:39:22 AM
 #86952

Looks like Goxcoin is not doing well

Bitstamp will follow
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February 12, 2014, 11:41:44 AM
 #86953

Looks like Goxcoin is not doing well

Bitstamp will follow


Bitstamp halts withdraws

www.wired.com/wiredenterprise/2014/02/bitcoin-ddos

touch.latimes.com/#section/-1/article/p2p-79263375/
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February 12, 2014, 11:42:46 AM
 #86954

Bitcoin Fail as a payment system. Money sent never arrives.. Hey Mark your were right, kudos!
Fonzie do relay this to all media..

https://bitcoinfoundation.org/blog/?p=422

Update on Transaction Malleability
Gavin Andresen    Feb 11 2014

You may have noticed that some exchanges have temporarily suspended withdrawals and wondering what’s going on or more importantly, what’s being done about it. You can be rest assured that we have identified the issue and are collectively and collaboratively working on a solution.
 
Somebody (or several somebodies) is taking advantage of the transaction malleability issue and relaying mutated versions of transactions. This is exposing bugs in both the reference implementation and some exchange’s software.
 
We (core dev team, developers at the exchanges, and even big mining pools) are creating workarounds and fixes right now. This is a denial-of-service attack; whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds.
 
Users of the reference implementation who are bitten by this bug may see their bitcoins “tied up” in unconfirmed transactions; we need to update the software to fix that bug, so when they upgrade those coins are returned to the wallet and are available to spend again. Only users who make multiple transactions in a short period of time will be affected.
 
As a result, exchanges are temporarily suspending withdrawals to protect customer funds and prevent funds from being misdirected.
 
Thanks for your patience. Follow us @BTCFoundation for updates as we learn more and make progress.

So the bitcoin protocol is robust, the malleability flaw is not causing bitcoins to be lost or misdirected, the problem is known and being ironed out, correctly implemented wallets are not vulnerable to malleabilty, the developer community is tidying the protocol up, and my bitcoins, which I bought last year, are still worth much more than what I paid for them.

I'm in tears. Honestly, I am devastated.
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February 12, 2014, 11:45:24 AM
 #86955

Looks like Goxcoin is not doing well

Bitstamp will follow


Bitstamp halts withdraws

www.wired.com/wiredenterprise/2014/02/bitcoin-ddos

touch.latimes.com/#section/-1/article/p2p-79263375/

As Bitstamp battles against these attacks, it’s also worth noting that the Slovenian exchange is not listed as a money services business with FINCEN, the U.S. agency that registers money transmitters — even though it accepts US customers.

Frankly, i'm more worried about this issue highlighted above.  Where to store fiat when coins becomes cheap..?
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February 12, 2014, 11:51:54 AM
 #86956


So the bitcoin protocol is robust, the malleability flaw is not causing bitcoins to be lost or misdirected, the problem is known and being ironed out, correctly implemented wallets are not vulnerable to malleabilty, the developer community is tidying the protocol up, and my bitcoins, which I bought last year, are still worth much more than what I paid for them.

I'm in tears. Honestly, I am devastated.

Bitcoin-QT latest client is vulnerable see: https://bitcointalk.org/index.php?topic=460944.0

Of course it only "damage the perception of Bitcoin as a credible payment network".



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February 12, 2014, 11:52:56 AM
 #86957

@gizmoh

Thanks for the update, you´re work is really appreciated.
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February 12, 2014, 11:53:33 AM
 #86958

After reading post after post with gox cursing, and then bitstamp go and do the same thing.  Roll Eyes  Grin
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February 12, 2014, 11:58:17 AM
 #86959


As Bitstamp battles against these attacks, it’s also worth noting that the Slovenian exchange is not listed as a money services business with FINCEN, the U.S. agency that registers money transmitters — even though it accepts US customers.

Frankly, i'm more worried about this issue highlighted above.  Where to store fiat when coins becomes cheap..?

I wouldn't called it Slovenian anymore, because they moved their head office to London where are registered as LTD.

But you are very correct about not being registered with FINCEN - I predict that this will be huge problems in the future as FBI might want to arrest CEO of Bitstamp, I am pretty sure they will find connections to money laundering.
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February 12, 2014, 12:02:59 PM
 #86960

Done with Gox
Explanation
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