|
gandhibt
|
 |
December 08, 2013, 03:54:48 PM |
|
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
I'm with you on this. Here, take more money then I've ever had in my life and please don't make it disappear ok? ok?ok?ok?ok?ok?ok?Yep. It's really an absurd risk, on top of the risk of merely being involved in bitcoin in the first place. You can trade only with a slice. Ofc risk is higher, but so is possible gain also. Without risk, there's no win. Gox and Stamp has not directly stolen anyones money (if goxxing doesn't count). |
|
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
ardana123
|
|
December 08, 2013, 03:56:21 PM |
|
Last chance to sell at 700+ guys, better go for it...
|
|
|
|
|
|
oroboras
|
|
December 08, 2013, 03:57:57 PM |
|
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
I'm with you on this. Here, take more money then I've ever had in my life and please don't make it disappear ok? ok?ok?ok?ok?ok?ok?Yep. It's really an absurd risk, on top of the risk of merely being involved in bitcoin in the first place. You can trade only with a slice. Ofc risk is higher, but so is possible gain also. Without risk, there's no win. Gox and Stamp has not directly stolen anyones money (if goxxing doesn't count). I don't think Goxxing counts. Most people who are 'goxxed' are people who keep forgetting that Market Orders go in order of placement, and that the special MtGox LagEngine (TM) comes into effect when many people place orders at once. Also, bye bye 700 |
|
|
|
|
spooderman
Legendary
 Offline
Activity: 1638
Merit: 1022
|
|
December 08, 2013, 03:58:05 PM |
|
And there goes 700
|
|
|
|
|
|
humanitee
|
|
December 08, 2013, 03:59:25 PM |
|
China still not giving a fuck and up over 10%. You guys go ahead and sell.
|
|
|
|
|
|
tutkarz
|
|
December 08, 2013, 03:59:49 PM |
|
Last chance to sell at 700+ guys, better go for it...
stop spreading FUD, if there would be any reason for bear market, then gox would still have highest price but it is actually lowest. |
|
|
|
|
|
octaft
|
|
December 08, 2013, 04:01:33 PM |
|
China still not giving a fuck and up over 10%. You guys go ahead and sell.
They were ahead by 10% for almost the entire rally. I don't think it means anything either way. What I do think means something is the huge walls near $650. Gonna be tough to break through those, assuming they don't retreat. |
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
December 08, 2013, 04:01:49 PM |
|
|
|
|
|
|
|
humanitee
|
|
December 08, 2013, 04:04:20 PM |
|
China still not giving a fuck and up over 10%. You guys go ahead and sell.
They were ahead by 10% for almost the entire rally. I don't think it means anything either way. What I do think means something is the huge walls near $650. Gonna be tough to break through those, assuming they don't retreat. They have way higher volume and are still 10% higher, that means nothing to you? It means a lot to me. They are anchoring the market. |
|
|
|
|
|
tutkarz
|
|
December 08, 2013, 04:07:39 PM |
|
China still not giving a fuck and up over 10%. You guys go ahead and sell.
They were ahead by 10% for almost the entire rally. I don't think it means anything either way. What I do think means something is the huge walls near $650. Gonna be tough to break through those, assuming they don't retreat. They have way higher volume and are still 10% higher, that means nothing to you? It means a lot to me. They are anchoring the market. I hope they will ignore gox sooner or later and take their own way. |
|
|
|
|
|
cfrm
|
|
December 08, 2013, 04:10:55 PM |
|
Someone posting 700 coin wall at 711 @ stamp, but they don't want to go below 700. Fight!
edit: Now he moved it to 706.
|
|
|
|
|
MasterJumanji
Newbie
Offline
Activity: 15
Merit: 0
|
|
December 08, 2013, 04:11:37 PM |
|
Someone wanted 700ish so badly for a margin on the chinese exchange...  |
|
|
|
|
|
|
Nemo1024
Legendary
Offline
Activity: 1680
Merit: 1014
|
|
December 08, 2013, 04:14:07 PM |
|
700 sell wall on stamp from nowhere You call that a wall?  |
|
|
|
|
tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
|
|
December 08, 2013, 04:15:32 PM |
|
700 sell wall on stamp from nowhere You call that a wall? to me, it looks like the great wall of china. we will be sub 700 in no time. I have a strange feeling that someone is distributing his FIAT profits to multiple exchanges and accounts. |
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4468
You're never too old to think young.
|
|
December 08, 2013, 04:17:09 PM |
|
And there goes 700
And Bitcoin bounces back.  |
|
|
|
|
|
Davyd05
|
|
December 08, 2013, 04:18:01 PM |
|
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
I'm with you on this. Here, take more money then I've ever had in my life and please don't make it disappear ok? ok?ok?ok?ok?ok?ok?Yep. It's really an absurd risk, on top of the risk of merely being involved in bitcoin in the first place. You can trade only with a slice. Ofc risk is higher, but so is possible gain also. Without risk, there's no win. Gox and Stamp has not directly stolen anyones money (if goxxing doesn't count). I don't think Goxxing counts. Most people who are 'goxxed' are people who keep forgetting that Market Orders go in order of placement, and that the special MtGox LagEngine (TM) comes into effect when many people place orders at once. Also, bye bye 700 hello 715 |
|
|
|
|
Nemo1024
Legendary
Offline
Activity: 1680
Merit: 1014
|
|
December 08, 2013, 04:18:08 PM |
|
Placing my bid limit orders, accidentally switched price in BTCand $, bidding $10 for BTC620. Those were the days...  |
|
|
|
|
|
capsqrl
|
|
December 08, 2013, 04:21:44 PM |
|
Last chance, goodbye, bla bla bla, you guys are so edgy.
|
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
December 08, 2013, 04:22:28 PM |
|
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
I'm with you on this. Here, take more money then I've ever had in my life and please don't make it disappear ok? ok?ok?ok?ok?ok?ok?Yep. It's really an absurd risk, on top of the risk of merely being involved in bitcoin in the first place. You can trade only with a slice. Ofc risk is higher, but so is possible gain also. Without risk, there's no win. Gox and Stamp has not directly stolen anyones money (if goxxing doesn't count). The value I'd be willing to risk trading around on an exchange probably isn't worth the possible gain, and exposes me to, at least, losses from making bad guesses about the short term market, but potential problems with the exchange itself, or worse. I took a pretty substantial risk in early 2011 that has paid off in an incredible way. I think it'd be foolish to compound the risk that still exists merely holding bitcoin at all by allowing a 3rd party control over even a portion of my bitcoins. Just isn't worth it. As to Gox having not directly stolen anyone's money, that's maybe only technically true in a very narrow sense. They are, as a matter of fact, sitting on over 150BTCs of mine that were transferred via a MTGOX code to bitcoinica's MtGox account in early 2012. Those bitcoins were never actually used in any positions on bitcoinica. MtGox, so far, has refused to cooperate in helping to get those bitcoins back to me...and those are just the ones that belong to me. They're sitting on many tens of thousands of bitcoinica bitcoins. They may not have technically stolen them, but it sure feels like it. |
|
|
|
|
|
Poll
