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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9%)
8/4 - 16 (13.1%)
8/11 - 7 (5.7%)
8/18 - 6 (4.9%)
8/25 - 8 (6.6%)
After August - 73 (59.8%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486519 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.)
JCviggen
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Age Of Mars | GameFI Virtual colonization of Mars


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February 23, 2014, 07:46:52 PM
 #94621

Can't even keep up with the appearing, disappearing, reappearing, moving walls on Gox. Some people have a lot of coins to push around. So far it's not working very well though, they almost immediately get eaten into a couple of coins and then they pull 'em.
delphic
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February 23, 2014, 07:48:33 PM
 #94622

(edit.. it is all a little bit death threaty huh)
 
Shocked  a little bit......
MoreFun
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February 23, 2014, 07:48:53 PM
 #94623

Wall observer... nobody say something about these big ask walls?

Yea, manipulation to buy even more cheap coins. Nothing more, these coins really are not for sale.

I believe they've been sold...

Volume doesn't say so. Pulled.
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February 23, 2014, 07:49:09 PM
 #94624

Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalk.org/index.php?topic=483416.msg5322347#msg5322347

Aww... that's too bad. I would love to hear these supposed "hacked phone calls"!
adamstgBit
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February 23, 2014, 07:49:23 PM
 #94625

Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalk.org/index.php?topic=483416.msg5322347#msg5322347
Can't confirm with any links. Got this information from an Xbox Live game channel, from Japanese Members.
LOL!
JCviggen
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February 23, 2014, 07:49:51 PM
 #94626

(edit.. it is all a little bit death threaty huh)
 
Shocked  a little bit......

Special at Starbucks: ricin frappucino
Holliday
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February 23, 2014, 07:49:58 PM
 #94627

Wall observer... nobody say something about these big ask walls?

Yea, manipulation to buy even more cheap coins. Nothing more, these coins really are not for sale.

I believe they've been sold...

Volume doesn't say so. Pulled.

Yeah, partially eaten and partially pulled. It's hard to glean information from some of these exchange tracking sites... even when they are working properly.
T.Stuart
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One Token to Move Anything Anywhere


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February 23, 2014, 07:50:32 PM
 #94628

Looks like a bit of FUD elsewhere on this forum might have sparked this mini Gox flash-crash.

https://bitcointalk.org/index.php?topic=483416.msg5322347#msg5322347

Aww... that's too bad. I would love to hear these supposed "hacked phone calls"!

Don't give anyone ideas!  Wink
JorgeStolfi
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February 23, 2014, 07:52:17 PM
 #94629


Good luck to them.

However, "1-2 million BTC" is an estimate for what MtGOX owes its clients, not of MtGOX's assets. 

MtGOX's assets are the real BTC it has in its orporate wallets (and whose keys are not lost  Wink) and the money it has in its corporate bank accounts. From those assets one must subtract that 1-2 million BTC of account balances (ie. ~1 billion dollars), in order to get the company's net worth.

Mark's personal wallets and bank accounts are not MtGOX assets.  To get hold of them, I suppose one must convince Mark to invest in the New MtGOX, or sue him; and only the creditors (including his clients) can do the latter.
 
So, MtGOX's net worth may be anywhere between plus a few million dollars and minus a billion dollars or more, with several lawsuits for dessert.

Moreover, who knows how many of those "1 million accounts" are active and/or have positive balance.  My guess is less than 10,000.

If that project succeeds, it may go down in history as the, ahem, weirdest company takeover ever...
jojo69
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February 23, 2014, 07:52:28 PM
 #94630


Sorry but you don't get indicators this clear every day



now THAT is the funniest thing I have seen in some time
CryptStorm
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February 23, 2014, 08:01:59 PM
 #94631


I guess we need to ask this guy


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


 Who we are ?

For many good reasons, the members of our Team will not show up for the moment.

Our Team BTC Account is: 1GaVv4WvWgHPaRCS7MHeQJv3tF8sXqRR46

You can contact us support@mtgoxtakeover.com

 

Who am I ?

I am Lehner Franz, 39 years old, Cybercrime Specialist, 2 Children

...

(edit.. it is all a little bit death threaty huh)
 

A little bit?
"If this situation will be handled down in a serious way, nobody will kill you." --from the Msg to Mark page.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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February 23, 2014, 08:02:56 PM
 #94632


Explanation
JorgeStolfi
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February 23, 2014, 08:10:19 PM
 #94633

From http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/
(According to an earlier post on that thread, user @nullc is Gregory Maxwell, one of the core developers)

Quote
@nullc 114 points 21 hours ago

I haven't seen any evidence that they're testing anything— just the regular dust sweeping transactions that they've had going on continually.

Initially when MTGox suspended withdraws I was fairly confident that all would be fixed soon (and said so as much on Reddit)— their technical issues were simple, and with proper controls in place could not have resulted in especially large losses. I especially expected losses to be small considering that they were reported by users and not discovered by MTGox themselves.

Considering MTGox's subsequent behavior— the extended outage, talk of withdraw limits, etc, I'm no longer confident of anything. Sad

Are there any news newer than this one, about the "MtGOX is testing" rumor?

Holliday
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February 23, 2014, 08:10:48 PM
 #94634

Bitcoin in trouble, world governments introduce anonymous payment system which some are calling "Cash". Wink

http://www.coindesk.com/cash-invented-seen-media-today/
Ivanhoe
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February 23, 2014, 08:13:24 PM
 #94635

Bitcoin in trouble, world governments introduce anonymous payment system which some are calling "Cash". Wink

https://bitcointalk.org/index.php?topic=483651.0
Brilliant article! Shows the hypocrisy of the mainstream media.
kurious
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February 23, 2014, 08:21:16 PM
 #94636

From http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/
(According to an earlier post on that thread, user @nullc is Gregory Maxwell, one of the core developers)

Quote
@nullc 114 points 21 hours ago

I haven't seen any evidence that they're testing anything— just the regular dust sweeping transactions that they've had going on continually.

Initially when MTGox suspended withdraws I was fairly confident that all would be fixed soon (and said so as much on Reddit)— their technical issues were simple, and with proper controls in place could not have resulted in especially large losses. I especially expected losses to be small considering that they were reported by users and not discovered by MTGox themselves.

Considering MTGox's subsequent behavior— the extended outage, talk of withdraw limits, etc, I'm no longer confident of anything. Sad

Are there any news newer than this one, about the "MtGOX is testing" rumor?



Not that I have seen since - saw that yesterday - and I am pretty convinced from having read that thread it is indeed Greg Maxwell - he basically said they still haven't fixed it, and he wasn't at all convinced they were even close to doing it.

Holliday
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February 23, 2014, 08:25:08 PM
 #94637

From http://www.reddit.com/r/Bitcoin/comments/1ymwzj/mtgox_still_authoring_invalid_transactions/
(According to an earlier post on that thread, user @nullc is Gregory Maxwell, one of the core developers)

Quote
@nullc 114 points 21 hours ago

I haven't seen any evidence that they're testing anything— just the regular dust sweeping transactions that they've had going on continually.

Initially when MTGox suspended withdraws I was fairly confident that all would be fixed soon (and said so as much on Reddit)— their technical issues were simple, and with proper controls in place could not have resulted in especially large losses. I especially expected losses to be small considering that they were reported by users and not discovered by MTGox themselves.

Considering MTGox's subsequent behavior— the extended outage, talk of withdraw limits, etc, I'm no longer confident of anything. Sad

Are there any news newer than this one, about the "MtGOX is testing" rumor?



Not that I have seen since - saw that yesterday - and I am pretty convinced from having read that thread it is indeed Greg Maxwell - he basically said they still haven't fixed it, and he wasn't at all convinced they were even close to doing it.

Creating transactions out of immature coins is a separate problem from transaction malleability. Gox is guilty of handling both situations poorly.

The fact that they haven't fixed creating transactions out of immature coins doesn't necessarily mean they also haven't fixed internal accounting problems stemming from transaction malleability.

I certainly don't expect them to go above and beyond and fix multiple problems at once!
kurious
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February 23, 2014, 08:25:32 PM
 #94638

Bitcoin in trouble, world governments introduce anonymous payment system which some are calling "Cash". Wink

https://bitcointalk.org/index.php?topic=483651.0
Brilliant article! Shows the hypocrisy of the mainstream media.

Fantastic - says it all.

EDIT: and also a lift from Coindesk....  who published the original.
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February 23, 2014, 08:29:40 PM
 #94639

I'm observing a fairly large wall at stamp at $620ish.
Ivanhoe
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February 23, 2014, 08:29:44 PM
 #94640

1200 ask wall at Bitstamp, things are getting interesting now Smiley
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