macsga
Legendary
 Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 08, 2013, 08:59:30 AM |
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 - So, tell me that you DIDN'T panic sell your BTCs the last two days... DID you?
- Urgh... brmrmrmr... Murh... |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 08, 2013, 09:00:25 AM |
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Sorry to turn this into the troll box, but I feel this is the last opportunity to buy this low. China's news wasn't actually bad news, and we had to correct anyway. Now that we have, I'm hearing the people I know that have been following btc without buying any see this as their chance to get in. Well done bears, but it's time to become a bull again.
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beaconpcguru
Full Member
Offline
Activity: 189
Merit: 100
Hello
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December 08, 2013, 09:00:30 AM |
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Okay. I'm officially sick of Gox. This last few days have been awful. I'm thinking of moving to BTC-e. Anything in particular I should watch out for?
Are you depositing USD? BTC-e is not accepting USD wire transfers. No. Depositing BTC. Maybe I'm lucky but I've never had anything disappear from any of the exchanges.. I have 2-FA on all accounts at Stamp, Gox and BTC-E and never had any issues. Though I have never been unable to login to BTC-E I can't say the same about Gox and Stamp. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 08, 2013, 09:01:38 AM |
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Parazyd
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December 08, 2013, 09:02:14 AM |
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Page 3000 closing in  |
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capsqrl
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December 08, 2013, 09:02:44 AM |
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Lots of people seem to be predicting buy-backs tomorrow when new money arrives at exchanges. If this is really a common belief, we should see this rally start already today, because people with lots of fiat already on exchanges after the sell-off will want to get in early. The day has started off well in this regard I think, but it will be very interesting to watch it develop.
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 08, 2013, 09:06:05 AM |
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Yeah. If the Sunday sell-off doesn't happen on schedule, this might be a modest rebound.
Note to Spooderman: Sorry for the trolling, but I respect the judgement of the regulars on this sub forum more than most of the others. Hence my request for info and opinion.
More opinion. We prolly ain't done with the dropping prices. How far is down? I dunno.
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 08, 2013, 09:06:27 AM |
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Page 3000 closing in I think it'll go a little past that and then drop to like 1500. I'm a thread bear. |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 08, 2013, 09:08:50 AM |
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Yeah. If the Sunday sell-off doesn't happen on schedule, this might be a modest rebound.
Note to Spooderman: Sorry for the trolling, but I respect the judgement of the regulars on this sub forum more than most of the others. Hence my request for info and opinion.
More opinion. We prolly ain't done with the dropping prices. How far is down? I dunno.
You were trolling? Did you request my info at some point? edit: sorry for so many posts people. |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4468
You're never too old to think young.
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December 08, 2013, 09:09:58 AM |
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I was hoping I could stay up to see 800 but I'm fading fast. Gotta go back to bed and get the second half of my night's sleep.
Goodnight all.
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 08, 2013, 09:11:10 AM |
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 Definitely a cup and a handle people... Prepare for choo choo. |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 08, 2013, 09:12:36 AM |
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Sorry to turn this into the troll box, but I feel this is the last opportunity to buy this low. China's news wasn't actually bad news, and we had to correct anyway. Now that we have, I'm hearing the people I know that have been following btc without buying any see this as their chance to get in. Well done bears, but it's time to become a bull again.
Thought this was aimed at me. |
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beetcoin
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December 08, 2013, 09:13:10 AM |
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if the price on mtgox is about the same as bitstamp, wouldn't it be a better idea to transfer your BTC account to bitstamp, coinbase, or any other exchange, and then cash to fiat?
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micalith
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December 08, 2013, 09:14:50 AM |
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I'm going to go out on a limb and say that's it folks. It's recovery time
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capsqrl
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December 08, 2013, 09:15:29 AM |
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China is back over 5000.
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DaRude
Legendary
Offline
Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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December 08, 2013, 09:20:07 AM |
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Okay. I'm officially sick of Gox. This last few days have been awful. I'm thinking of moving to BTC-e. Anything in particular I should watch out for?
Just the Russians closing their doors and leaving with your BTC a la Sheep Marketplace style. Or someone closing their bank account etc... with the same results, without any known person or company to follow. People bitch about Gox (and for good cause) but there's a reason that it's the only place where all of the big whales play at and every other exchange follows. Even after stopping all USD withdrawals, and a month SEPA withdrawals they're still like #1 (or so) exchange, think about it Do you know if there have been any accounts of this sort of thing (people's money being stolen by the exchange), or is the concern that btc-e will just up and leave some day? I'm not calling DaRude an idiot, but Derp... Umm i'm an idiot for not wanting to trust my money to some unknown entity with zero liability? Ok i'll take that. At least if Gox decides to do something stupid we all know that Mark will end up in jail that's a good incentive not to get hacked. With btc-e ...? Not saying that they're defrauding now, and that they're Russian have little to do with anything, i like to know who i hand my money to. With that said i do trade there now and then but withdraw often and try not to accumulate any significant amounts there which is a PITA |
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DaRude
Legendary
Offline
Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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December 08, 2013, 09:21:09 AM |
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if the price on mtgox is about the same as bitstamp, wouldn't it be a better idea to transfer your BTC account to bitstamp, coinbase, or any other exchange, and then cash to fiat?
If you want USD that's the ONLY way to get it out of Gox |
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MicroFi
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December 08, 2013, 09:30:15 AM |
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Looking good.
China is over the 5000 mark and at the same time the 800 mark is being attacked at Gox.
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beaconpcguru
Full Member
Offline
Activity: 189
Merit: 100
Hello
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December 08, 2013, 09:41:56 AM |
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Tallie hoe on we go, every time we have gone through 700 it has taken 24 hours ^^
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micalith
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December 08, 2013, 09:45:28 AM |
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Tallie hoe on we go, every time we have gone through 700 it has taken 24 hours ^^
I'd guess this time it's just Europeans waking up and taking some profits |
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