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micalith
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February 17, 2015, 04:15:00 PM |
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hopium in deed! tl;dr the author might have bought some coin at what he hopes is the bottom, and so tries to tell us that stability is coming. Assuming bitcoin survives (I think so), volatility will surely decrease as liquidity increases, but I reckon the kind of stability needed for big business to hold bitcoin is not yet on the horizon. |
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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silverfuture
Legendary
 Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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February 17, 2015, 04:16:49 PM |
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We still at the same rate for a month is this a good point or we can see at big dump next days ?
We're up 14% over the last 30 days and 8% for the week. |
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silverfuture
Legendary
Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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February 17, 2015, 04:19:38 PM |
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hopium in deed! tl;dr the author might have bought some coin at what he hopes is the bottom, and so tries to tell us that stability is coming. Assuming bitcoin survives (I think so), volatility will surely decrease as liquidity increases, but I reckon the kind of stability needed for big business to hold bitcoin is not yet on the horizon. Yes, for sure. What he is saying though is that he sees evidence that traders and speculators are increasingly getting us to that point. |
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JorgeStolfi
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February 17, 2015, 04:25:27 PM |
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i don't want to jinx it...but it is so dead around here these days...are there holidays or what?
Chinese Kwanzaa ("2015 Spring Festival (Lunar Chinese New Year) falls on Feb. 19 and the holiday starts from Feb. 18 to Feb. 25, 2015.") Bitcoin don't dare move without Chian! Do their banks shut for extended periods over the holiday? Yes, last year they were closed for 7 days. This year they are said to close from 2015-02-18 to 2015-02-24 inclusive, give or take a couple of days: http://www.123newyear.com/bank-holidays-2015/china.html |
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NotLambchop
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February 17, 2015, 04:33:38 PM |
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It's gone up at least 10× every year so far. Don't see any reason why 2014 will be slower. Based on the adoption curve and where we are on it, it should be FASTER.  LATE EDIT: Forgot to guess: $45,000  |
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bad trader
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February 17, 2015, 04:38:55 PM |
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my reading of TA is showing me a bear flag to a max of 265... positioning accordingly Maybe it's just me sucking at TA, but I don't trust the flags. The smallest ones act predictably. The larger ones do whatever. |
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JorgeStolfi
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February 17, 2015, 04:52:03 PM |
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Cavirtex decided to close its bitcoin exchange and get out of the bitcoin business: https://cavirtex.com/newsFeb. 17, 2015, 12:12 p.m. - CAVIRTEX shutting down
Effective immediately, CAVIRTEX intends to cease carrying on an active Bitcoin business and will be winding down its operations in an orderly manner. As a result, effective immediately, no new deposits will be accepted by CAVIRTEX. Trading on CAVIRTEX will be halted effective March 20, 2015. Effective March 25th, 2015, no withdrawals will be processed. CAVIRTEX will communicate with any account holders that continue to hold balances after March 25, 2015.
We have maintained 100% reserves. CAVIRTEX is solvent and remains in a position to accommodate all customer withdrawal requests received prior to March 25, 2015. However, On February 15, 2015 we found reason to believe that an older version of our database, including 2FA secrets and hashed passwords, may have been compromised. This database did not include identification documents.
Because security and the safety of customer funds are paramount to our mission and the success of Bitcoin in general, CAVIRTEX has determined to cease active operations in the Bitcoin business and to return all customer funds. We believe that the damage to the company's reputation caused by the potential compromise will significantly harm our ability to continue to operate successfully.
[ ... ]
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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February 17, 2015, 04:52:06 PM |
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CCMF  |
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Newar
Legendary
Offline
Activity: 1358
Merit: 1000
https://gliph.me/hUF
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February 17, 2015, 04:54:15 PM |
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Cavirtex decided to close its bitcoin exchange and get out of the bitcoin business:
Ok, bye! |
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micalith
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February 17, 2015, 04:56:18 PM |
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hopium in deed! tl;dr the author might have bought some coin at what he hopes is the bottom, and so tries to tell us that stability is coming. Assuming bitcoin survives (I think so), volatility will surely decrease as liquidity increases, but I reckon the kind of stability needed for big business to hold bitcoin is not yet on the horizon. Yes, for sure. What he is saying though is that he sees evidence that traders and speculators are increasingly getting us to that point. yup, and the 'smaller' traders and speculators specifically. Although an effective buffer for whale movements, and maybe even increasingly effective, I'm not so sure that the small traders effect is really going to be the major force to bring stability. I guess that the increasing involvement of bigger business would have the more significant and necessary greater stabilising force to attract bigger business... chicken-egg! |
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WeltMaster
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February 17, 2015, 04:56:47 PM |
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Way oversold and everyone too bearish, Going long at $230  I do love me some bottom catching |
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jeffhuys
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February 17, 2015, 04:57:46 PM |
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just done something really stupid  Got an email from support@localbitcoin.com saying my account had been flagged for fraudulent activity. checked my account and nothing, opened up electru grabbed an address and then send my funds to the wallet. incoming transaction. check the support desk no ticket. check back at email and obviously the link contains a hidden phishing address, phew close call but all is safe. Go to electrum to send my funds back over to LBTC, need them to have online adverts active, upon entering the password all i get is invalid. Turns out i sent them to a wallet that was generated on the 6th of December on my run around laptop and i don't appear to know the password at the moment  tried several combinations but nope..... must have been feeling smart that day and NO i did not right down the seed as i was actually generating the wallet whilst giving my friend a step by step run down on how to setup electrum, why i didn't follow my own instructions of remembering password and keeping a copy of the seed safe i will probably never live down  who's the local brute force expert? Thank you very much to those who pointed me in the right direction! big thanks to the devs of btcrecover, great little tool! Did you recover your coins?  If so, I'm happy for you! |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
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February 17, 2015, 04:59:23 PM |
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Good morning Bitcoinland. Edging back up I see. Are we done with the cellphone debates nor now? |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 17, 2015, 04:59:44 PM |
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camolist
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February 17, 2015, 04:59:48 PM |
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132.79585631 btc (margin) position is in the positive again
dont ask how i arrived at that number i dont even know (see jameson infused post from other night)
debating how long to keep in this
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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February 17, 2015, 05:00:43 PM |
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 some solid buys |
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gotmilk_
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February 17, 2015, 05:00:47 PM |
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Fair enough. But they are probably closing because of the low volume... CAVIRTEX News
Feb. 17, 2015, 12:12 p.m. - CAVIRTEX shutting down
Effective immediately, CAVIRTEX intends to cease carrying on an active Bitcoin business and will be winding down its operations in an orderly manner. As a result, effective immediately, no new deposits will be accepted by CAVIRTEX. Trading on CAVIRTEX will be halted effective March 20, 2015. Effective March 25th, 2015, no withdrawals will be processed. CAVIRTEX will communicate with any account holders that continue to hold balances after March 25, 2015.
We have maintained 100% reserves. CAVIRTEX is solvent and remains in a position to accommodate all customer withdrawal requests received prior to March 25, 2015. However, On February 15, 2015 we found reason to believe that an older version of our database, including 2FA secrets and hashed passwords, may have been compromised. This database did not include identification documents.
Because security and the safety of customer funds are paramount to our mission and the success of Bitcoin in general, CAVIRTEX has determined to cease active operations in the Bitcoin business and to return all customer funds. We believe that the damage to the company's reputation caused by the potential compromise will significantly harm our ability to continue to operate successfully.
As a result of the potential compromise of our database we cannot be certain of the confidentiality of account credentials. Please log into your account and change your password immediately. Please also clear your CAVIRTEX browser cookies. BTC and LTC withdrawal will remain temporarily disabled.
We ask that customers please fill in their Bitcoin and Litecoin return addresses on their user preferences. These fields have been cleared for all users and will need to be filled in once again. This page is accessible under Settings then User Preferences. Your BTC and LTC will be sent to that address. CAD withdrawals remain enabled.
CAVIRTEX continues to believe, as we have over the last three and a half years of operation, that cryptocurrency is here to stay. We appreciate all the support from our amazing customers who have been on this journey with us. You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience.
Even with this latest development, we are proud to say that we have never lost customer funds. To our knowledge, our production environment has never been breached.
CAVIRTEX intends to communicate with its loyal shareholders regarding this announcement in the near future.
Thank you to our loyal customers and all of our supporters who believed in us but more importantly trusted us.
Sincerely,
The CAVIRTEX Team |
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Newar
Legendary
Offline
Activity: 1358
Merit: 1000
https://gliph.me/hUF
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February 17, 2015, 05:02:30 PM |
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Good morning Bitcoinland. Edging back up I see. Are we done with the cellphone debates nor now? No, https://en.wikipedia.org/wiki/Nokia_6650 |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
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February 17, 2015, 05:02:46 PM |
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The only chance to get rid of me faster is for a comet to come out of the skies and blow the heads of all the bulltards in existence. That should solve the problem
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mavericklm
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February 17, 2015, 05:03:05 PM |
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we got lift off!!! |
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