YourMother
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Merit: 1046
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January 09, 2015, 06:29:11 PM |
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Yep... Time for some movement. Probably up? If Bitstamp still intends to reopen for business today, as stated by Reuters, they only have five hours left (Slovenian time). Could make for an interesting Friday evening.
As far as I know they are in San Francisco right now... So local time there Their twitter feed says otherwise
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BitChick
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Activity: 1148
Merit: 1001
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January 09, 2015, 06:30:00 PM |
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Shit.
Something is happening.
I can feel it.
I think we're going up.
I like reading your posts, you always say what I want to hear. While we are waiting we can just listen to this https://www.youtube.com/watch?v=YkADj0TPrJA
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elasticband
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Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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January 09, 2015, 06:36:27 PM |
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stamp chart jumped to $300
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prophetx
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Merit: 1010
he who has the gold makes the rules
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January 09, 2015, 06:37:22 PM |
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Or maybe they don't want the price to fall and that's why they wait until the banks are closed. People who want to withdraw their funds from the exchange fast will buy bitcoin because fiat wouldn't get transferred until Monday. That is assuming people have lost faith in them. If not, we've had a week where nobody has transferred fiat to Bitstamp and dumpers are probably standing ready to send that mofo to the ground. When Bitstamp reopens, I'm not convinced that anyone will be eager to immediately exchange BTC for fiat on an exchange which will yet to have proven whether users can quickly withdraw fiat from their Bitstamp accounts. I think it's far more likely that those with BTC on the exchange will withdraw them to their own wallets; those with fiat on the exchange will immediately buy BTC and then withdraw them to their wallets - since it's the quickest and easiest way to withdraw. I may be wrong, but that seems the most likely scenario which, if true, would lead to an immediate demand for BTC and a price-rising rally. Who knows how strong the rally would be though... Ironically, this would mean that the less faith people have in Bitstamp once it reopens, the greater the price increase. The bitcoin tribe is filled with people that live on short memory. Once Stamp will (if) reopen their whorehouse, people will be like " Uhhhh, it was not so bad. " and they will continue to trade there. I remember this happening with Mintpal and other exchanges. They will stay until the website will be hacked again and closed forever and that will be the moment they learned a lesson. But of course, things could go differently. i have fiat on bitstamp still i will likely do the following: buy btc move the btc to bitfinex if the btc price is looking like it may rally a bit hodl it for a few days and then dump it if it looks like it is a non-event, i will dump the btc immediately in any case bitcoin is done, even an exchange funded by Draper gets hacked for $5 milli, bitcoin is way too slow to use as "cash", we have a some blog from Gavin getting all excited about 20 MB blocks which some people will bitch and whine about centralization.... woopty dooo... parties over go buy some maidsafe or ethereum Translated: sell your bitcoins cheap so I can buy them cheap. well that would assume i am holding btc, which i am not. i only use it as a means of transferring value. the funny thing is... the stuff like maidsafe that i bought earlier this year have made me more bitcoins.... i mean if i were to trade them in...
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elasticband
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Activity: 1036
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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January 09, 2015, 06:38:16 PM |
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stamp chart jumped to $300 and dropped too $200 on the buy side
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Tzupy
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January 09, 2015, 06:39:12 PM |
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stamp chart jumped to $300 Not true, stuck at 277$.
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kryptopojken
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January 09, 2015, 06:39:36 PM |
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stamp chart jumped to $300 and dropped too $200 on the buy side where? EDIT: api is still down too
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elasticband
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Activity: 1036
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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January 09, 2015, 06:41:57 PM |
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btccharts
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elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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January 09, 2015, 06:43:51 PM |
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elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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January 09, 2015, 06:47:11 PM |
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Just because they have moved does not mean they have been sold
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caga
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www.secondstrade.com - 190% return Binary option
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January 09, 2015, 06:49:51 PM |
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Just because they have moved does not mean they have been sold Maybe all of the exchanges would keep following the coins until it ends up on their site, and then maybe able to give more information about the person selling those.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 09, 2015, 07:00:01 PM |
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diabLEEca
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January 09, 2015, 07:03:15 PM |
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Meanwhile, some serious bid walls have been built. Wonder if they all disappear if stamp doesn't go online in the next 4 hours or so...
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NotLambchop
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January 09, 2015, 07:12:04 PM |
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The hax0rs have been caught, video proof!
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idecable
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January 09, 2015, 07:20:22 PM |
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Meanwhile, some serious bid walls have been built. Wonder if they all disappear if stamp doesn't go online in the next 4 hours or so... Even with a large team of experienced developers, It's a lot of work to rebuild an entire financial system in under a week. But hey, they are the ones who gave their own ETA! This is going to be an interesting day. Coffee machines must be cranking hard at Bitstamp's office.
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Brewins
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January 09, 2015, 07:21:21 PM |
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Just because they have moved does not mean they have been sold Maybe all of the exchanges would keep following the coins until it ends up on their site, and then maybe able to give more information about the person selling those. If I were a bitcoin-accepting site owner I would flag the stole coin addresses to auto block deposits coming from the hack address. Good chance to get free coins and maybe some publicity
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Fatman3001
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Make Bitcoin glow with ENIAC
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January 09, 2015, 07:28:59 PM |
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Meanwhile, some serious bid walls have been built. Wonder if they all disappear if stamp doesn't go online in the next 4 hours or so... Even with a large team of experienced developers, It's a lot of work to rebuild an entire financial system in under a week. But hey, they are the ones who gave their own ETA! This is going to be an interesting day. Coffee machines must be cranking hard at Bitstamp's office. Yes, they should probably have bit the bullet and told straight away that this would take some time. People need to sleep, people make mistakes. It is sort of important that they've done it right when they are online again.
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Fatman3001
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Make Bitcoin glow with ENIAC
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January 09, 2015, 07:30:20 PM |
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Just because they have moved does not mean they have been sold Maybe all of the exchanges would keep following the coins until it ends up on their site, and then maybe able to give more information about the person selling those. If I were a bitcoin-accepting site owner I would flag the stole coin addresses to auto block deposits coming from the hack address. Good chance to get free coins and maybe some publicity I don't know how effective that would be if they go through a tumbler.
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idecable
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January 09, 2015, 07:33:07 PM |
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Just because they have moved does not mean they have been sold Maybe all of the exchanges would keep following the coins until it ends up on their site, and then maybe able to give more information about the person selling those. If I were a bitcoin-accepting site owner I would flag the stole coin addresses to auto block deposits coming from the hack address. Good chance to get free coins and maybe some publicity Very clever.
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