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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373303 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.)
Rampion
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May 28, 2013, 04:36:35 PM
 #11501


LOL, check this shit, it's hilarious:

Quote
Mt. Gox wishes the best to OKPay, and we look forward to working together more closely
in the future. The Bitcoin economy is going through many changes recently, and we are
positive that they will ultimately work themselves out in the best interests of the
community and the World.

Source: https://mtgox.com/pdf/20130528_okpay_statement.pdf
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Geist
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May 28, 2013, 04:37:39 PM
 #11502

So, downhill from here I guess?
adamstgBit
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May 28, 2013, 04:42:15 PM
 #11503

bitcoin needs to make it own Okpay like service... and stop using these 3rd party systems.



MelMan2002
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May 28, 2013, 04:42:56 PM
 #11504

So does Gox have any plans to be a ripple gateway?
italeffect
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May 28, 2013, 04:44:25 PM
 #11505

Is there still no official comment from Gox on Dwolla?
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May 28, 2013, 04:45:56 PM
 #11506


adamstgBit
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May 28, 2013, 04:50:46 PM
 #11507


i think the market is smart enough to realize things will get worse b4 it they get better... but they will get better.

because cavitrex is based in canada, for me sending money to the exchange is free, and as easy as paying my electric bill online.

the same can be true for a USD based exchange...  not sure what's taking so long?? coinlab stop jerking off and do something!
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May 28, 2013, 04:55:23 PM
 #11508


I requote, just to be sure nobody gets that wrong:

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Bitcoin processing temporarily suspended
5/27/2013
Dear customers, we are currently suspending bitcoin processing.

https://www.okpay.com/en/company/news/bitcoin-okpay-terms-of-use.html

It's not the first time they done this, but the question remains: what is the reason and how is it linked to Gox?
Geist
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May 28, 2013, 05:01:56 PM
 #11509


i think the market is smart enough to realize things will get worse b4 it they get better... but they will get better.

because cavitrex is based in canada, for me sending money to the exchange is free, and as easy as paying my electric bill online.

the same can be true for a USD based exchange...  not sure what's taking so long?? coinlab stop jerking off and do something!

I'm talking short-term of course. It's only up from here long-term, but after the drop to $124 yesterday, any bad news has the potential to drop it lower.
ElectricMucus
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May 28, 2013, 05:02:05 PM
 #11510


I requote, just to be sure nobody gets that wrong:

Quote
Bitcoin processing temporarily suspended
5/27/2013
Dear customers, we are currently suspending bitcoin processing.

https://www.okpay.com/en/company/news/bitcoin-okpay-terms-of-use.html

It's not the first time they done this, but the question remains: what is the reason and how is it linked to Gox?

My guess is they are waiting to see what happens with the dwolla account. They are in a similar situation, not necessarily affected themselves but the exchanges would be.
It's a precaution, for them it's better to lose a little business for the time than have to risk a mass of disgruntled consumers with frozen funds.
ChartBuddy
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May 28, 2013, 05:04:46 PM
 #11511

IG0BR0KE
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May 28, 2013, 05:08:55 PM
 #11512


i think the market is smart enough to realize things will get worse b4 it they get better... but they will get better.

because cavitrex is based in canada, for me sending money to the exchange is free, and as easy as paying my electric bill online.

the same can be true for a USD based exchange...  not sure what's taking so long?? coinlab stop jerking off and do something!

I'm talking short-term of course. It's only up from here long-term, but after the drop to $124 yesterday, any bad news has the potential to drop it lower.

 this is maybe just the reason why we get down yesterday. most of the time big boys have the news way before everyones.
wilfried
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May 28, 2013, 05:14:33 PM
 #11513

what is it with those dwolla, okpay and so on, why do u.s. citizen need such enterprises?
dont you have wire transfer as in europe: you give your bank a account number, the sum to transfer and 1day to 10 days after its done. the whole thing works with webinterfaces of the banks too. why take a third party for that???
Kazu
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May 28, 2013, 05:18:07 PM
 #11514

The issue is that the US government quickly dismantles any business that allows such a thing. Literally every single US based service ever that has enabled irreversible fast payments has been shut down. I'm not joking.
ardana123
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May 28, 2013, 05:22:13 PM
 #11515

It's their paranoia toward funding terrorism. This is why we can almost be certain bitcoin will be hit hard (in the near future) by the US gov. Even though they can't destroy it and it will only come back stronger of course.
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May 28, 2013, 05:23:28 PM
 #11516

The issue is that the US government quickly dismantles any business that allows such a thing. Literally every single US based service ever that has enabled irreversible fast payments has been shut down. I'm not joking.

Good luck with "shutting down" Bitcoin.

I'm really hoping the US is so blind and short-sighted to officially outlaw Bitcoin, so a) Coinseeker and his likes stop using it because of that mental illness named "patriotism", and b) they learn in the very hard way that Bitcoin was designed to be resilient to both bans and regulation.

Anyhow, I guess all the financial institutions and their sockpuppets (AKA the three-letter agencies) have looked into it and realized they cannot just ban it, so they will play their cards differently.
ardana123
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May 28, 2013, 05:30:49 PM
 #11517

Since bitcoin is p2p, can't the US gov just make isp's block that specific protocol?
Rampion
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May 28, 2013, 05:32:21 PM
 #11518

Since bitcoin is p2p, can't the US gov just make isp's block that specific protocol?

You simply do not block p2p. You have to take down the internet to do that.

EDIT: p2p means that I connect to you directly, without going through a central server. You cannot block that, unless you block the internet.
Coinseeker
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May 28, 2013, 05:33:40 PM
 #11519

The issue is that the US government quickly dismantles any business that allows such a thing. Literally every single US based service ever that has enabled irreversible fast payments has been shut down. I'm not joking.

Good luck with "shutting down" Bitcoin.

I'm really hoping the US is so blind and short-sighted to officially outlaw Bitcoin, so a) Coinseeker and his likes stop using it because of that mental illness named "patriotism", and b) they learn in the very hard way that Bitcoin was designed to be resilient to both bans and regulation.

Anyhow, I guess all the financial institutions and their sockpuppets (AKA the three-letter agencies) have looked into it and realized they cannot just ban it, so they will play their cards differently.

Well, so far Bitcoin or should I say the infastructure Bitcoin needs to be anything more than a speculative and black market sideshow, is losing that battle.  And DHS only served ONE warrant.  Talk all the big guy trash you want but people with actual businesses, fear the USG and FinCEN regulations are preventing any real launch of Bitcoin.  So Bitcoin's "resilience" is only in your own mind.

Look at the ATM's.  There could be thousands by now...but these people aren't going to jail for it.  Businesses are voluntarily closing or rejecting US users because they know the truth. All while you simply sit on your computer and pretend to be "hardcore", living in a delusional world that only sees Bitcoin increasing in value, even if no one in America can legally access it.  Grin   And please don't give me that, "the US isn't the whole world" nonsense either.  If there rest of the world was even remotely close to the volume of the US, the markets wouldn't be dead all night while you wait for us to wake up and of course...lead the world.   Wink
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May 28, 2013, 05:34:53 PM
 #11520

The issue is that the US government quickly dismantles any business that allows such a thing. Literally every single US based service ever that has enabled irreversible fast payments has been shut down. I'm not joking.

Good luck with "shutting down" Bitcoin.

I'm really hoping the US is so blind and short-sighted to officially outlaw Bitcoin, so a) Coinseeker and his likes stop using it because of that mental illness named "patriotism", and b) they learn in the very hard way that Bitcoin was designed to be resilient to both bans and regulation.

Anyhow, I guess all the financial institutions and their sockpuppets (AKA the three-letter agencies) have looked into it and realized they cannot just ban it, so they will play their cards differently.

They will make it hard to get money into and out of Bitcoin.  This will affect the value of Bitcoin but its not a fundamental threat.
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