MickeyT2008
Sr. Member
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Activity: 350
Merit: 250
This account was recently hacked
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May 14, 2013, 08:53:28 PM |
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At least it's not boring any more!
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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May 14, 2013, 08:54:03 PM |
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Heh, one little bit of bad news amongst all the good news lately and the bears jump on it like sharks. This is just too funny to watch.  |
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Abandon
Member
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Activity: 112
Merit: 10
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May 14, 2013, 08:54:50 PM |
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Isn't the one minute bar chart kind of starting to look like a miniature scale of the one day bar chart? Probably seeing things. . it no longer looks much like it, for it is even more bullish.
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drdanishkhan
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May 14, 2013, 08:55:15 PM |
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A more distributed exchange system would definitely help in the long run and contribute signifigantly to the stability of bitcoin..
however now i think a fair share of mtgoxs volume will get distributed to other exchanges even though they are shit..
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glendall
Legendary
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Activity: 2100
Merit: 1018
Sugars.zone | DatingFi - Earn for Posting
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May 14, 2013, 08:57:22 PM |
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At least it's not boring any more!
+1 for sure man, good to see some movement in any direction. I almost took up pottery. |
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samurai1200
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May 14, 2013, 09:00:59 PM |
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...
CampBX
...
In the interest of competition, I can't endorse CampBX any longer. Even at their super low trade volumes, they have issues with lag and page loads. I personally recommend BTC-e for the moment. Decent liquidity for us small fish (100 BTC accounts and under), and zero issue with lag. |
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deathcode
Copper Member
Sr. Member
Offline
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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May 14, 2013, 09:01:56 PM |
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The train is leaving guys. Next stop: Zerooooooo!
LMAO... this is a proudhon wannabe! : |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 14, 2013, 09:01:57 PM |
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DougTanner
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May 14, 2013, 09:03:23 PM |
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Looks to be stabilizing.  |
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notme
Legendary
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Activity: 1904
Merit: 1002
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May 14, 2013, 09:05:20 PM |
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some bears are going to get burned ...severley
The odd thing is, if you think MtGox is about to get owned by the US Govt, you need to BUY bitcoins and move them off the exchange. This was my thought too. This also leads to the theory that it's really just a couple guys trying to manipulate and buy back more coinage then they started with. well lets wait how this ones playing out... I am holding this one for now MtGox is a cancer on the Bitcoin ecosystem, it would be great long term news if people left there in droves. Like I said, buy bitcoins, move them off the site if you're actually scared. The last thing I'd go is have them wire me money, DHS could have told every bank in the US to freeze any incoming wires from them. This all still seems a little iffy. I'm surprised Dwolla would mention lawsuits no one can find record of, and MtGox would have no idea (they still list Dwolla as a withdrawal method). Seems like poor taste by Dwolla (who's CEO has blogged his support of Bitcoin) to say it's now "illegal to deal with MtGox". A lawsuit doesn't make it illegal, the DHS orders if they exist also sound questionable. If it's not a hoax it's a poorly worded notification from Dwolla. Regardless if MtGox worries you, move *coins* off the exchange, not fiat. This is a dramatic development to say the least. My first thought is that it is due to the Coinbase lawsuit against GOX. Is this a move by the DOJ due to the court case, or is this a move by Homeland Security in relation to a money laundering investigation? Wow. I hope its due to the lawsuit. I am very glad I trade with CampBX. This could actually be great news if it is due to the lawsuit, as MT Gox having a monopoly over the bitcoin market is detrimental to bitcoins core philosophy of decentralization. If you haven't yet, US residents should consider opening a CampBX account and transfer out of MT Gox. If you wish you can use my referral link to get a 10% lifetime discount of trading fees (disclosure: I get a 10% discount as well): https://CampBX.com/register.php?r=X8IT0iRWMOACoinbase != Coinlab |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 14, 2013, 09:05:41 PM |
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Wow, the buying is just relentless. The interest is much higher than I would have thought. There is true demand at these levels.
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Frozenlock
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May 14, 2013, 09:06:18 PM |
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Looks to be stabilizing.
Just before the next dive. |
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EuroTrash
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May 14, 2013, 09:06:25 PM |
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Interesting battle ahead.
The Dwolla/DHS news is still not on any major news site. It is likely to be a big hit on tomorrow's news channels.
The Google Ventures news is also fresh although it applies to OpenCoin not much bitcoin.
Meanwhile on Gox: bottom catchers saw chances for cheap coins and are keeping the price above 115 right now.
We'll see soon if and how much the market cares about the Dwolla news...
On a personal drama note, I tried to ride the wave of dumps by short selling BTC and instead ended up having to buy back at same price while losing a coin in fees. Bummer.
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sve9mark
Newbie
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Activity: 39
Merit: 0
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May 14, 2013, 09:06:42 PM |
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A more distributed exchange system would definitely help in the long run and contribute signifigantly to the stability of bitcoin..
however now i think a fair share of mtgoxs volume will get distributed to other exchanges even though they are shit..
The end of the MT Gox monopoly would be a great win-fall for bitcoin IMO |
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Frozenlock
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May 14, 2013, 09:06:46 PM |
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The train is leaving guys. Next stop: Zerooooooo!
LMAO... this is a proudhon wannabe! : Amidoingitrite? |
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Brushan
Member
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Activity: 224
Merit: 10
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May 14, 2013, 09:08:34 PM |
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Wow, the buying is just relentless. The interest is much higher than I would have thought. There is true demand at these levels.
What if people who have fiat on Mt.Gox are buying coins to sell them at another exchange? |
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Ultraviolet
Member
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Activity: 84
Merit: 10
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May 14, 2013, 09:08:56 PM |
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It's really not the Coinlab lawsuit. For that to be the case, Mt. Gox would have had to have:
1. Been served;
2. Replied to the complaint (If you don't reply to the complaint before the deadline you'll lose automatically when Plaintiff files a motion for default judgment, nothing happens until you reply); and
3. Coinlab's attorneys would have to have made an ex parte motion for an injunction (if it was a motion on notice it would be scheduled weeks in advance), and won.
Furthermore, I highly doubt DHS would be serving an injunction in a civil action.
You could see huge news about Gox's US operations being targeted by a DOJ complaint this week.
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phantastisch
Legendary
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Activity: 2270
Merit: 1363
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May 14, 2013, 09:09:03 PM |
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The train is leaving guys. Next stop: Zerooooooo!
LMAO... this is a proudhon wannabe! : Amidoingitrite? Worst Proudhon ever. No Lama, no bold predictions of steel with bitcoin bets , not enough emphasis on single digits.... I want my money back. |
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DougTanner
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May 14, 2013, 09:09:08 PM |
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Back to where we were 24 hours ago. *yawn*  |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 14, 2013, 09:09:31 PM |
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Looks to be stabilizing.
Just before the next dive. Can you at least speak in facts? We are witnessing bad news just get eaten up by buys. Amazing, and that is all you can say? How about we just try to be realists and not Bulls or Bears? This is interesting lab work right now.  |
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