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DougTanner
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November 07, 2013, 04:01:13 PM |
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Dat wall.  |
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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November 07, 2013, 04:01:56 PM |
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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November 07, 2013, 04:02:00 PM |
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It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ? a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable. BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells. This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good. |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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November 07, 2013, 04:03:57 PM |
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It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ? a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable. BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells. This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good. This |
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mccorvic
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November 07, 2013, 04:04:27 PM |
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Or is it fiat AND BTC?
Fiat is old news. Something's wrong with BTC withdrawals too, some kind of input selection / transaction fee problem in their backend. Gox really does go out of its way to just completely embarrass itself at every opportunity. |
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maz
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November 07, 2013, 04:06:27 PM |
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It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ? a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable. BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells. This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good. That ^ |
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justusranvier
Legendary
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Activity: 1400
Merit: 1013
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November 07, 2013, 04:07:37 PM |
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Gox really does go out of its way to just completely embarrass itself at every opportunity.
95% of their customer relations problems could be solved if Mark would take 5 minutes every once in a while to actually explain what is going on so that his customers would understand the problems, instead of hiring people to just endlessly apologize to them. |
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gambitv
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November 07, 2013, 04:10:19 PM |
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The technical support meltdown in #mtgox right now is quite a spectacle to behold.
Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC? yes it is both. gox is fucking lol. cant get fiat OR BTC hahahaha It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins... |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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November 07, 2013, 04:10:44 PM |
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tbcoin
Legendary
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Activity: 1022
Merit: 1000
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November 07, 2013, 04:15:48 PM |
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DougTanner
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November 07, 2013, 04:17:53 PM |
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Stamp is surging up again. I'm still waiting on that correction...  |
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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November 07, 2013, 04:18:33 PM |
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Bitstamp on its way to $300, new ATH $294.76.  |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 07, 2013, 04:20:57 PM |
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The technical support meltdown in #mtgox right now is quite a spectacle to behold.
Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC? yes it is both. gox is fucking lol. cant get fiat OR BTC hahahaha It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins... Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes. EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!) So anyway, seems like FUD to me unless the amount makes any difference (which I doubt). |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 04:21:24 PM |
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Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 04:26:47 PM |
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So does the bubble break at $366 or $532?
more like 1337 |
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DougTanner
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November 07, 2013, 04:27:01 PM |
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Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.
During the last bubble Virtex was consistently $10 ahead of Gox (and that was when we had parity). Any idea why it's falling behind this time? I would have expected the opposite with all the ATM news. |
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klee
Legendary
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Activity: 1498
Merit: 1000
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November 07, 2013, 04:27:34 PM |
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Some guy (I know I know..) told me that the BRICS are gonna issue their own SDR version - it will include Bitcoin too!
Thoughts?
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justusranvier
Legendary
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Activity: 1400
Merit: 1013
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November 07, 2013, 04:28:53 PM |
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So does the bubble break at $366 or $532?
If history rhymes, $2217. |
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