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impulse
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May 15, 2013, 09:44:43 PM |
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They can't predict the future. VCs have dropped virtually nil into bitcoin. Complete drop-in-the-bucket, easy exit shit. I don't understand why people think "all this money" is being invested. It isn't. Investing 6 figures, or a few million, is a cheap price to pay if the future turns sour.
5 Mega into Coinbase wasn't too shabby honestly. Agreed, even with the large pools of money that VC's have access to, any investment measured in millions is a big investment, make no mistake. |
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impulse
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May 15, 2013, 09:46:44 PM |
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They can't predict the future. VCs have dropped virtually nil into bitcoin. Complete drop-in-the-bucket, easy exit shit. I don't understand why people think "all this money" is being invested. It isn't. Investing 6 figures, or a few million, is a cheap price to pay if the future turns sour.
5 Mega into Coinbase wasn't too shabby honestly. Agreed, even with the large pools of money that VC's have access to, any investment measured in millions is a big investment, make no mistake. It also probably means that they expect a return of $100 million or more if things work out. |
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ChartBuddy
Legendary
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Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 15, 2013, 10:02:17 PM |
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SlipperySlope
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May 15, 2013, 10:12:34 PM |
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Here is a mostly sideways trend bumping along mild resistance at $116. If surpassed, stronger resistance is at $120, and beyond that $125.  |
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Frozenlock
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May 15, 2013, 10:17:00 PM |
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Any official statement from MtGox for this down time?
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Quantum_Negatum
Member
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Activity: 84
Merit: 10
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May 15, 2013, 10:17:51 PM |
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My open orders just appeared. I bet we see some movement soon.
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samson
Legendary
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Activity: 2097
Merit: 1070
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May 15, 2013, 10:21:24 PM |
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Any official statement from MtGox for this down time?
It's a DDOS, someone said it on IRC. Prolexic are handling it but not very well ! |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 15, 2013, 10:32:47 PM |
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There's quite a 'no man's land' between 112 and 115, is this because of the DDoS or are people trying to buy 'cheap' coins so they can move them to other exchanges and cash out there?
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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May 15, 2013, 10:54:33 PM |
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The best way to act in crisis  : "Frankly my dear, I don't give a shit" |
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Coinseeker
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May 15, 2013, 11:36:38 PM
Last edit: May 15, 2013, 11:47:24 PM by Coinseeker |
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SMH. "Can Bitcoin Be Saved?" http://nymag.com/daily/intelligencer/2013/05/can-bitcoin-be-saved.html?mid=googleThe Bitcoin community is losing the image battle. Somehow, not surprising. Additionally, I'm starting to have serious doubts that this is a random DDoS attack on Gox. Hopefully it will come back up but I sure hope you didn't leave your money over there. You might just be financing some new drones and new teams of regulators, for the USG. |
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Ultraviolet
Member
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Activity: 84
Merit: 10
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May 15, 2013, 11:47:15 PM |
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Not hard to lose the image battle when you get targeted by shithouse journalism. In BTC's case though, press coverage is press coverage right now. They can say what they want, but the fundamentals of the Bitcoin system are sound, and that's what will prevail.
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vortex1878
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May 15, 2013, 11:48:10 PM |
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Eventually on donkey-ignore. If someone might quote when he reveals his real age (must be 17 or below) I will read it. |
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Abandon
Member
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Activity: 112
Merit: 10
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May 15, 2013, 11:49:59 PM
Last edit: May 16, 2013, 12:00:36 AM by Abandon |
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I'll wager you something that in a month the price will be at least $125 and that you won't see it touch a $100 ever again. The investors of bitcoin do not care much if the US exchanges are regulated or not. It will never be entirely regulated, even with a global government. And bitcoin has many other selling points. |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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May 15, 2013, 11:50:08 PM |
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I made a btc withdrawal from gox but it never posted to the network. Anyone else have any luck with withdrawals?
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samson
Legendary
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Activity: 2097
Merit: 1070
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May 15, 2013, 11:54:06 PM |
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I made a btc withdrawal from gox but it never posted to the network. Anyone else have any luck with withdrawals?
Panic ? On IRC they are saying they are showing up but it takes a little time. |
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MickeyT2008
Sr. Member
Offline
Activity: 350
Merit: 250
This account was recently hacked
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May 15, 2013, 11:55:43 PM |
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I made a btc withdrawal from gox but it never posted to the network. Anyone else have any luck with withdrawals?
I've had it take a couple of hours to transfer BTC from Mt.Gox (to another MtGox account) before now, and that's when nobody was attacking their servers |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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May 15, 2013, 11:58:18 PM |
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I made a btc withdrawal from gox but it never posted to the network. Anyone else have any luck with withdrawals?
Panic ? On IRC they are saying they are showing up but it takes a little time. Yup there it is...came through. Panic? lol panic is for noobs. |
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FCTaiChi
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May 16, 2013, 12:06:21 AM |
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Oh come now, if people don't panic fairly consistently how can day traders make any money?
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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May 16, 2013, 12:11:47 AM |
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Oh come now, if people don't panic fairly consistently how can day traders make any money?
Just the big players do. Dont hold your breath. |
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UltimateReaper
Newbie
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Activity: 56
Merit: 0
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May 16, 2013, 12:12:54 AM |
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Oh come now, if people don't panic fairly consistently how can day traders make any money?
I've already made some money, the real trick is not being greedy |
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