SantaMuerte
Newbie
 Offline
Activity: 42
Merit: 0
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January 27, 2014, 05:43:54 PM |
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Resistance at 750-760 @ stamp
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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January 27, 2014, 05:43:56 PM |
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Um, he is not just owner of an exchange, but a founding member of the Bitcoin Foundation? and Marc Karpeles is another? Whatever one thinks about the morality or legality of the arrest, I expect it will be very bad for Bitcoin's image. Many common people will probably stay away from any X when they learn that a top honcho of the "X Foundation" was charged with criminal use of X. Most of people will forget he is arrested in a week  Bitcoin had much bigger shit happening and haven't give a flying one for more time  |
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meanig
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January 27, 2014, 05:44:01 PM |
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Um, he is not just owner of an exchange, but a founding member of the Bitcoin Foundation? and Marc Karpeles is another? Whatever one thinks about the morality or legality of the arrest, I expect it will be very bad for Bitcoin's image. Many common people will probably stay away from any X when they learn that a top honcho of the "X Foundation" was charged with criminal use of X. Most people outside of the bumfuck bible belt dislike laws criminalizing drugs. The general public won't be shocked. |
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mellowyellow
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Activity: 112
Merit: 10
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January 27, 2014, 05:44:44 PM |
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Guys, I know we hear a lot of 'bad news', but this REALLY IS BAD NEWS, I urge you to consider selling now to buy back later at a lower price when the market has absorbed this. I'm 100% fiat as of 5 mins ago.
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Vigil
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January 27, 2014, 05:44:47 PM |
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Of course, Gox barely moves.
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meanig
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January 27, 2014, 05:45:57 PM |
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A flash crash is always fun to watch.
Also, why is china barely gives a fuck?
China doesn't give a fuck because Charlie's arrest isn't a big deal (except for him and his family). Bitinstant hasn't been around for a year and Bitcoin has got on fine without it. |
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biafore
Newbie
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Activity: 42
Merit: 0
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January 27, 2014, 05:47:47 PM |
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This I predict will turn out far worse than the previous china ban fud incident, as prices did not start fall this quickly or soon. This news is only hrs old and were already near $75 drop. Imagine when china and russia wake up. and when U.S. start getting of work. As most bitcoin investors have day jobs.
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magicmexican
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January 27, 2014, 05:48:04 PM |
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Well, this feels very similiar to the SR takedown. I holded back then. I hope this will result the same I dont think it can be compared... Back then, a lot of people thought that the "high" price of bitcoin is only a result of existance of the SilkRoad |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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January 27, 2014, 05:48:18 PM |
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Guys, I know we hear a lot of 'bad news', but this REALLY IS BAD NEWS, I urge you to consider selling now to buy back later at a lower price when the market has absorbed this. I'm 100% fiat as of 5 mins ago.
Well, good luck then. If you need to convince people like this, the news can't be that bad  Panic sell fast, it's 5% down, that never ever happened to Bitcoin even without news. Never. Ever |
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mah87
Donator
Hero Member
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Activity: 756
Merit: 500
-Bitcoin & Ripple-
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January 27, 2014, 05:48:44 PM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 27, 2014, 05:48:54 PM |
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Guys, I know we hear a lot of 'bad news', but this REALLY IS BAD NEWS, I urge you to consider selling now to buy back later at a lower price when the market has absorbed this. I'm 100% fiat as of 5 mins ago.
Well, good luck then. If you need to convince people like this, the news can't be that bad Panic sell fast, it's 5% down, that never ever happened to Bitcoin even without news. Never. Ever lol never ever |
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GaliX
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January 27, 2014, 05:49:08 PM |
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Didn't somebody said that we need a bigger drop under 750$ before we can start the next >1000$ rocket?
Looks like that to me. Anybody can confirm these situation to get to new highs?
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magicmexican
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January 27, 2014, 05:49:23 PM |
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As usual the 1-10 posts people with 0 activity come up to advise what to do with our coins |
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meanig
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January 27, 2014, 05:49:39 PM |
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Huge dumps happening on Stamp. Who are these morons |
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mellowyellow
Member
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Activity: 112
Merit: 10
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January 27, 2014, 05:50:13 PM |
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Guys, I know we hear a lot of 'bad news', but this REALLY IS BAD NEWS, I urge you to consider selling now to buy back later at a lower price when the market has absorbed this. I'm 100% fiat as of 5 mins ago.
Well, good luck then. If you need to convince people like this, the news can't be that bad I don't mind what people do really, I'm not trying to convince people, no-one here who would listen to me has enough btc to make a difference but http://www.marketwatch.com/story/ceo-of-winklevoss-backed-bitcoin-company-arrested-2014-01-27?link=MW_latest_newsisn't going to go away quickly. Especially with Jan 31st around the corner. I may be wrong ofc, everyone has to make their own mind up. |
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mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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January 27, 2014, 05:50:30 PM |
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As usual the 1-10 posts people with 0 activity come up to advise what to do with our coins You better should listen this time |
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fotosonics
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January 27, 2014, 05:50:40 PM |
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Charlie Shrem, Charlie Sheen...  Is there a connection? |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 27, 2014, 05:51:08 PM |
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lol oh boy. i wonder if he will be found guilty such intergie much suspense very amusing |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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January 27, 2014, 05:51:54 PM |
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As usual, price drops as a result of something that has nothing to do with bitcoin.
"Some kid eats a dollar bill and chokes to death, dollar plummets against Euro."
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