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

[Holliday]

Some would call me a troll, but here you go

No coins at all. Fail.

No coins on an exchange. I would call that a win!

Good point. I retract and apologize.  mmitech, You may want to keep your coincount to yourself. It's not worth exposing your total stash just to win a pecker-flexing contest.

Looks like you're in this game since 2011. If you have less than 4 digits of coins to your name, somewhere down the road you screwed up.

A lot of people made the mistake of not holding during those early years! A lot of coins were lost on shady exchanges and obvious scams.

Although, I still think Bitcoin is extremely undervalued, but I try to avoid talking about the exchange rate (I'm biased). A fucking messaging app sold for $19 billion... I know it's apples and oranges, but Bitcoin provides far, far more utility than a messaging app.

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[JayJuanGee]

Ok, I found the thread, and I stopped reading at #7, after kicking myself for not stopping at #1.

Then you resumed reading this thread at page 5006...   Your description makes almost NO sense, unless just by coincidence.... but then again,  coincidentally, you are likely NOT going to see this post which is my response (on page 5011) to your post on page 5006.. since you claim NOT to be reading this thread.

[pjviitas]

Hey do any of the old timers on this board know how long this gox shit will go on?

days, weeks, months or years?

[Luno]

If you hope Gox going away will make things better on the other exchanges, you're in for a surprise!

[Holliday]

Hey do any of the old timers on this board know how long this gox shit will go on?

days, weeks, months or years?

Well... this Gox bullshit has been going on for four years now... so, take from that what you will.

[JayJuanGee]

Gox is making a huge amount of fees during the manic trading that has been going on since the BTC withdrawal issue.

Especially in BTC. Karpeles is smiling.

Pigs are being slaughtered very hard this time. GoxBTC at $100ish was a HUGE deal. I really cannot understand those who sold near double digits.

I thought that GOX was NOT charging fees during the withdrawal freeze period?

The only reason

Please see my thread "problems besides mtgox" to learn about the 20 other things going on besides mtgox.

read it and agree with most of it.  Bitcoins not finished, but people paying + $600, are just clinging on to their dream in my opinion..

I might come back when BTC is back around $100.  feel very sorry for those that brought and held at + $900

regulation issues
legal issues
technical issues
community trust issues

where would serious new investment come from under these conditions?

You appear to have a very incomplete picture of BTC and the network effect..... Ultimately there is quite a variety of investments into BTC, and they are NOT just speculators... and ultimately, if BTC were to take on just a fraction of the work of gold which has a 6.5 trillion dollar market cap, or a fraction of the dollar which has about a 15 trillion dollar market cap, BTC's value is going to skyrocket.... all the items you listed as barriers are NOT sufficient to undermine the value of BTC and the potential for it to take over some of the functions of gold, the dollar or other assets.

[Ivanhoe]

If you hope Gox going away will make things better on the other exchanges, you're in for a surprise!

Safer exchanges are being build as we speak.

http://www.coindesk.com/itbit-raises-3-25m-build-finance-grade-bitcoin-trading-platform/

[billyjoeallen]

Yes, less than a thousand. I lost some on bitoption, bitmarket.eu and tradehill when they closed.

[magicmexican]

Goxcoin is on the nonstop slow pump to 400

[empowering]

Some would call me a troll, but here you go

No coins at all. Fail.

No coins on an exchange. I would call that a win!

Good point. I retract and apologize.  mmitech, You may want to keep your coincount to yourself. It's not worth exposing your total stash just to win a pecker-flexing contest.

Looks like you're in this game since 2011. If you have less than 4 digits of coins to your name, somewhere down the road you screwed up.

A lot of people made the mistake of not holding during those early years! A lot of coins were lost on shady exchanges and obvious scams.

Although, I still think Bitcoin is extremely undervalued, but I try to avoid talking about the exchange rate (I'm biased). A fucking messaging app sold for $19 billion... I know it's apples and oranges, but Bitcoin provides far, far more utility than a messaging app.

+1

[mmitech]

I forgot to mention something before, basing trades only and purely on indicators and charts is plain ridicules, market sentiments, news and rumours, insider trading and some other things can ruin your plans (and there I fucked up many times), also the waves of adoption rate can make a difference.

I shared my TAs on this thread only few times, and I found it hard to understand people who base their predictions only on news or only on TAs, as you can recall my arguments with Risto, he based his calls on pure TA ( and the Ego involved wasn't acceptable for me, maybe his ego stepped on my ego which I totally admit).


but from this Gox mess, I feel more confident about not just bottoming yet, nevertheless the TA could show a bottom forming but Mtgox BS could effect that, we will see in which way.


this is only my opinion (no financial advise).

[Luno]

Goxcoin is on the nonstop slow pump to 400

It's a gauge of sentiment up to Monday morning as usual on the assumption that there are either news from Mark or fiat deposits rolling in Monday.

[molecular]

Goxcoin is on the nonstop slow pump to 400

It's a gauge of sentiment up to Monday morning as usual on the assumption that there are either news from Mark or fiat deposits rolling in Monday.

sounds like a setup for continuation of the rally no matter what magicaltux pulls out of his magical tuxedo.

[Holliday]

Goxcoin is on the nonstop slow pump to 400

It's a gauge of sentiment up to Monday morning as usual on the assumption that there are either news from Mark or fiat deposits rolling in Monday.

I fully expect Gox to drop the ball... again...

At least I'll be pleasantly surprised if they actually allow their victims customers to get their funds (bitcoins) out.

[T.Stuart]

Some would call me a troll, but here you go

No coins at all. Fail.

No coins on an exchange. I would call that a win!

Good point. I retract and apologize.  mmitech, You may want to keep your coincount to yourself. It's not worth exposing your total stash just to win a pecker-flexing contest.

Looks like you're in this game since 2011. If you have less than 4 digits of coins to your name, somewhere down the road you screwed up.

A lot of people made the mistake of not holding during those early years! A lot of coins were lost on shady exchanges and obvious scams.

Although, I still think Bitcoin is extremely undervalued, but I try to avoid talking about the exchange rate (I'm biased). A fucking messaging app sold for $19 billion... I know it's apples and oranges, but Bitcoin provides far, far more utility than a messaging app.

Like that comparison. Hadn't thought of that one.

[Luno]

Goxcoin is on the nonstop slow pump to 400

It's a gauge of sentiment up to Monday morning as usual on the assumption that there are either news from Mark or fiat deposits rolling in Monday.

I fully expect Gox to drop the ball... again...

At least I'll be pleasantly surprised if they actually allow their victims customers to get their funds (bitcoins) out.

Funny, being in a Japanese POV camp now for 10 months actually makes me a better earning trader, Its just all funny money.

[magicmexican]

Goxcoin is on the nonstop slow pump to 400

It's a gauge of sentiment up to Monday morning as usual on the assumption that there are either news from Mark or fiat deposits rolling in Monday.

I fully expect Gox to drop the ball... again...

At least I'll be pleasantly surprised if they actually allow their victims customers to get their funds (bitcoins) out.

I think the chances of that are pretty high, but that doesnt mean that the next news will be good. They could come out with another "coming soon" update and market would overdump, you never know.

[Holliday]

Although, I still think Bitcoin is extremely undervalued, but I try to avoid talking about the exchange rate (I'm biased). A fucking messaging app sold for $19 billion... I know it's apples and oranges, but Bitcoin provides far, far more utility than a messaging app.

Like that comparison. Hadn't thought of that one.

The more I think about it, the more interesting it becomes (in my mind).

Bitcoin can be seen as free speech, from the right perspective. Transactions are shouted to the world, and the world decides to write them in stone. If you want to stop bitcoin, you are infringing on the freedom of speech. (I can no longer share this information with the network.) Everything is open and available for the world to audit. The servers are decentralized.

Now this messaging app is also a form of speech, but it's proprietary. There is nothing free about it. The source is closed. The servers are centralized. (I'm making some assumptions here, I didn't bother to do any research. If I'm wrong, my bad.)

WTF is wrong with the world when this messaging app is worth billions of dollars? Fuck it, Bitcoin will probably fail because people are ignorant assholes!

[Ivanhoe]

Although, I still think Bitcoin is extremely undervalued, but I try to avoid talking about the exchange rate (I'm biased). A fucking messaging app sold for $19 billion... I know it's apples and oranges, but Bitcoin provides far, far more utility than a messaging app.

Like that comparison. Hadn't thought of that one.

The more I think about it, the more interesting it becomes (in my mind).

Bitcoin can be seen as free speech, from the right perspective. Transactions are shouted to the world, and the world decides to write them in stone. If you want to stop bitcoin, you are infringing on the freedom of speech. (I can no longer share this information with the network.) Every thing is open and available for the world to audit. The servers are decentralized.

Now this messaging app is also a form of speech, but it's proprietary. There is nothing free about it. The source is closed. The servers are centralized. (I'm making some assumptions here, I didn't bother to do any research. If I'm wrong, my bad.)

WTF is wrong with the world when this messaging app is worth billions of dollars? Fuck it, Bitcoin will probably fail because people are ignorant assholes!

Because they are being held dumb by their governments, our task is to teach them.

[fonzie]

http://www.mtgoxtakeover.com/?q=msg