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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26383482 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.)
koryu
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February 28, 2014, 10:46:12 AM
 #99141

http://headlines.yahoo.co.jp/videonews/fnn?a=20140228-00000938-fnn-bus_all

GOOGLE TRANSLATE IS FUNNY

Marc Karupuresu representative of Mount Ngoc vinegar said, "having fallen over the inconvenience, really sorry" he said.

^^

google translation also says:  
Quote
approximately 85 million bits coins disappeared

what about the rest?
hdbuck
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February 28, 2014, 10:46:19 AM
 #99142

Yeah did anyone see that geek week video of him and all the stuff saying how he had previous experience coding and integrating banking systems and accounting systems etc. Theres no way he just let all those coins get stolen like that.

yup that right..

Plus, may i add THIS:

Quote from: Coindesk Shrem's article
The company has also hired a lot of developers, but any developer code that’s created has to be looked over and checked by Karpeles, creating a bottleneck that has severely hampered progress.


source:
http://www.coindesk.com/exclusive-charlie-shrem-speaks-mt-gox-arrest-bitcoin-bromance/

LMAO if anyone used the maleability issue to steal the coins.. its him...  Roll Eyes
Flatulenters
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February 28, 2014, 10:46:28 AM
 #99143

No more dumping ?

But can you see price picking up on this.
It maybe be a slow grind down, especially with weekend coming..


hmm, china wants coins badly now i guess...
http://www.zerohedge.com/news/2014-02-27/chinese-currency-plunges-most-over-5-years-biggest-weekly-loss-ever-yuan-carry-trade

Bitcoin has gone down almost 50-60% in three months. You serious think Chinese investors what to move their currency from one volatile currency to another one just for shits and giggles.  



As i read it bitcoin could become the switzerland for currencies for a chinese investor. But i don't claim to understand the situation completly

http://www.zerohedge.com/news/2014-02-25/welcome-currency-wars-china-yuan-devalues-most-20-years
ShroomsKit
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February 28, 2014, 10:47:18 AM
 #99144

No more dumping ?

But can you see price picking up on this.
It maybe be a slow grind down, especially with weekend coming..


hmm, china wants coins badly now i guess...
http://www.zerohedge.com/news/2014-02-27/chinese-currency-plunges-most-over-5-years-biggest-weekly-loss-ever-yuan-carry-trade

Yeah, who wouldn't want to invest in something that lost 50% of it's value and keeps dropping every single day.
mmitech
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February 28, 2014, 10:47:43 AM
 #99145

Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.

So give me one reason why we could go up again. I can't find any. I really can't.

Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?

it is really simple, bitcoin went from 80 to 1240 in one month and a half, this also doesn't seem healthy, people seem to think about "take some profit while they can", the down trend will continue till we discover the next adoption wave and we will see what the market will decide a fair price is.
Hunyadi
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February 28, 2014, 10:50:48 AM
 #99146

http://headlines.yahoo.co.jp/videonews/fnn?a=20140228-00000938-fnn-bus_all

GOOGLE TRANSLATE IS FUNNY

Marc Karupuresu representative of Mount Ngoc vinegar said, "having fallen over the inconvenience, really sorry" he said.

^^

google translation also says:  
Quote
approximately 85 million bits coins disappeared

what about the rest?

Hahhahahha! 85 million bitcoins!
billyjoeallen
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February 28, 2014, 10:51:19 AM
 #99147

http://headlines.yahoo.co.jp/videonews/fnn?a=20140228-00000938-fnn-bus_all

GOOGLE TRANSLATE IS FUNNY

Marc Karupuresu representative of Mount Ngoc vinegar said, "having fallen over the inconvenience, really sorry" he said.

hilarious!
TERA
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February 28, 2014, 10:51:55 AM
 #99148

Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.

So give me one reason why we could go up again. I can't find any. I really can't.

Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?

it is really simple, bitcoin went from 80 to 1240 in one month and a half, this also doesn't seem healthy, people seem to think about "take some profit while they can", the down trend will continue till we discover the next adoption wave and we will see what the market will decide a fair price is.
The good news came at the wrong time before capitulation had occured. btc is not really news-driven. it follows a boom/bust cycle of rallying and profit taking every 9 months and it follows a logarithmic trendline.
Flatulenters
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February 28, 2014, 10:54:28 AM
 #99149

No more dumping ?

But can you see price picking up on this.
It maybe be a slow grind down, especially with weekend coming..


hmm, china wants coins badly now i guess...
http://www.zerohedge.com/news/2014-02-27/chinese-currency-plunges-most-over-5-years-biggest-weekly-loss-ever-yuan-carry-trade

Yeah, who wouldn't want to invest in something that lost 50% of it's value and keeps dropping every single day.

A long term bull perhaps Roll Eyes
soullyG
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February 28, 2014, 10:55:19 AM
 #99150

"I'm sorry"

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February 28, 2014, 10:55:27 AM
 #99151

http://headlines.yahoo.co.jp/videonews/fnn?a=20140228-00000938-fnn-bus_all

GOOGLE TRANSLATE IS FUNNY

Marc Karupuresu representative of Mount Ngoc vinegar said, "having fallen over the inconvenience, really sorry" he said.


Cheesy

now he is talking like that credit suisse guy. or goldman sachs.


http://www.mediaite.com/tv/stewart-if-bitcoin-wants-to-avoid-feds-they-should-normalize-fraud-like-the-big-boys/
billyjoeallen
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February 28, 2014, 10:59:37 AM
 #99152

Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.

So give me one reason why we could go up again. I can't find any. I really can't.

Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?

it is really simple, bitcoin went from 80 to 1240 in one month and a half, this also doesn't seem healthy, people seem to think about "take some profit while they can", the down trend will continue till we discover the next adoption wave and we will see what the market will decide a fair price is.

Dude, we went from $400 to ~$566 now %41 up. This is officially a bull market. I'm not saying we can't go down from here, but there is twice as much fiat defending the bottom now as there was when we hit it the first time. Check the order books.
macsga
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February 28, 2014, 11:01:00 AM
 #99153

Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.

So give me one reason why we could go up again. I can't find any. I really can't.

Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?

it is really simple, bitcoin went from 80 to 1240 in one month and a half, this also doesn't seem healthy, people seem to think about "take some profit while they can", the down trend will continue till we discover the next adoption wave and we will see what the market will decide a fair price is.

Dude, we went from $400 to ~$566 now %41 up. This is officially a bull market. I'm not saying we can't go down from here, but there is twice as much fiat defending the bottom now as there was when we hit it the first time. Check the order books.


Don't be angry; he wants CHEAP COINZ!!!! Tongue
seldon
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February 28, 2014, 11:02:14 AM
 #99154

Do we know if they will hand him a tanto for seppuku now?
gizmoh
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February 28, 2014, 11:03:34 AM
 #99155

MK facial look: smiling internally

Video:
http://headlines.yahoo.co.jp/videonews/fnn?a=20140228-00000938-fnn-bus_all
raid_n
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February 28, 2014, 11:04:47 AM
 #99156

I think Mark Karpeles deserves a dictionary entry for "incompetence"

no he deserves an Oscar for making the whole world believe he is incompetent. Genius.

Occam's razor would suggest incompetence. Think about it. Karpeles will be under the public's scrutiny for the rest of his life because there will always be some that think he ran off with the cash. Effectively his career is over and probably most of his freedom gone.
If he indeed were such an evil mastermind he'd have found a fall guy to blame.

I really feel with those that lost bitcoin through gox.
Naturally you'd want to believe you got robbed by an evil genius rather than have lost your money through negligence
that could have been avoided easily
mmitech
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February 28, 2014, 11:05:13 AM
 #99157

Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.

So give me one reason why we could go up again. I can't find any. I really can't.

Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?

it is really simple, bitcoin went from 80 to 1240 in one month and a half, this also doesn't seem healthy, people seem to think about "take some profit while they can", the down trend will continue till we discover the next adoption wave and we will see what the market will decide a fair price is.

Dude, we went from $400 to ~$566 now %41 up. This is officially a bull market. I'm not saying we can't go down from here, but there is twice as much fiat defending the bottom now as there was when we hit it the first time. Check the order books.


there is a 50K BTC bids to 200 and there is a 12 million Bitcoin in existence, many people will think about taking some profits while they can and that 50K BTC order book wont handle the dumps, think about it, it is really simple.

I was collecting and cashing out some of my profits as well, and many others are doing the same Wink


if you want me to prove it with TA I will do it without a problem, but most of you here hates the technical analyzes and base their calls on only hopes...
Richard Branson
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February 28, 2014, 11:05:47 AM
 #99158



Dude, we went from $400 to ~$566 now %41 up. This is officially a bull market. I'm not saying we can't go down from here, but there is twice as much fiat defending the bottom now as there was when we hit it the first time. Check the order books.


Best time to get out of bitcoin with a heafty profit.
mmitech
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February 28, 2014, 11:06:35 AM
 #99159

Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.

So give me one reason why we could go up again. I can't find any. I really can't.

Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?

it is really simple, bitcoin went from 80 to 1240 in one month and a half, this also doesn't seem healthy, people seem to think about "take some profit while they can", the down trend will continue till we discover the next adoption wave and we will see what the market will decide a fair price is.

Dude, we went from $400 to ~$566 now %41 up. This is officially a bull market. I'm not saying we can't go down from here, but there is twice as much fiat defending the bottom now as there was when we hit it the first time. Check the order books.


Don't be angry; he wants CHEAP COINZ!!!! Tongue

and I will get them Wink
billyjoeallen
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February 28, 2014, 11:07:01 AM
 #99160

Do we know if they will hand him a tanto for seppuku now?

We can only hope. I never really understood that tradition until now.
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