Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[fonzie]

Source?

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[ShroomsKit]

Can someone explain to me what's so special about that 920 number on Gox. No matter what it just has to go back to 920. Every single time. If we go up people will start selling till we are back at 920. Why?

[pjviitas]

15 Days Remain!!

for what?

The 37 day cycle on Stamp

whats that?

October 23 -► November 29 -► January 5 -► ?

what is the 37 day cycle?

[pjviitas]

Can someone explain to me what's so special about that 920 number on Gox. No matter what it just has to go back to 920. Every single time. If we go up people will start selling till we are back at 920. Why?

Japanese version of 420?

[nanobrain]

(Warning - Extreme bearish FUD)

Ahahahah just found this:

http://imgur.com/CPgpqt8

It all fits together.

 ... is about to leave the building

Post on reddit that is claiming Mt. Gox let go of a bunch of staff today- especially on the support side. Timing seems interesting if true. Can anyone confirm this?

/db

I can confirm that i received regular updates on my open issue up until last thursday, I have not heard a word from support since then

Everything you are posting is contrary to our recent experiences:

BTC transaction took less than 30mins

Support has actually got better in the last week...after two weeks of endless, mindless emails we are actually being dealt with by someone who seems to have both a brain and some initiative.  

Perhaps Mark has actually hired some competent people?

[fonzie]

It´s really great that things work out well for you. But dozens of other people have problems, go and check the service discussion forum.
Or do you think i own 100 other accounts.

[virtualfaqs]

There are people who can get fiat out of Gox - Japanese. But it's not consistent enough to do any major arbitrage unless yesterday was what was happening.

really? Name one. One fucking person who has had a successful fiat withdrawal this year. Cuz that bastard's got my money.

Here are some, but even JPY is way backed up (which is not normal):
 

I am a Japan resident. Posted a withdrawal on the 5th of January, was in my account 9 business days later.

You can find me in the epic bitching thread saying as much.

Requested 1/7 withdraw processed today 1/28.   Waiting on a 1/10.

Thank you. That's informative. Perhaps it's the Japanese government who is facilitating this theft for the benefit of its citizens. If so, they are killing a golden goose.

And this guy.

I have decided to stop wasting time here, and let you all feed the panic instead.  It is much more profitable.  I managed more than 18% on my last round of arbitrage, all fees included.  I wonder if I'll be able to get 25% on the next.  

Please keep panicing!  Never search for the true answers; make up your own!  Don't ever believe it is possible to withdraw anything!  Don't believe arbitrage is possible.  Please keep spreading rumours that MtGox are broke, etc.  I've never made this much money with no risk and almost no work!  I'm in my last week of full time employment.  From now on I will make a living out of the price difference between Panicstamp and MtGox, and my bot of course.  You guys!  I love you all for making this possible!

For all the other arbitragers who are making good money on spreading FUD here: I think you are a bit dishonest, and there is no need to.  The clueless people here are fully capable of creating a panic for themselves.

OK, I can't resist revealing some information about JPY withdrawals.  Last known processed is from January 5th.  Reason for the delay is 9 days of closed banks (Mizuho) and this:

07:19 <@MagicalTux> jpy withdrawal delays come from the fact there are more withdrawals than deposit, so we need to convert usd/etc to jpy, then send it to our japanese bank, which takes time and has limits much stricter than other transfer methods

The daily limit is 100 million JPY, btw.

For everything else there is not much new.  You will find the answers on previous pages in this thread.

[nanobrain]

It´s really great that things work out well for you. But dozens of other people have problems, go and check the service discussion forum.
Or do you think i own 100 other accounts.

I think you should be a bit less paranoid and you should read my post more carefully...you think we've exchanged 20+ emails with support for fun.  We've had enough issues with Gox to fill the forum believe me.

[Walsoraj]

07:19 <@MagicalTux> jpy withdrawal delays come from the fact there are more withdrawals than deposit, so we need to convert usd/etc to jpy, then send it to our japanese bank, which takes time and has limits much stricter than other transfer methods

 

[nanobrain]

Can someone explain to me what's so special about that 920 number on Gox. No matter what it just has to go back to 920. Every single time. If we go up people will start selling till we are back at 920. Why?

SHROOMSY!  How are you and your disturbing little dog?
Good to see you...still keep the bastards real?

[fonzie]

07:19 <@MagicalTux> jpy withdrawal delays come from the fact there are more withdrawals than deposit, so we need to convert usd/etc to jpy, then send it to our japanese bank, which takes time and has limits much stricter than other transfer methods

 

Definitely bullish as fuck!

[virtualfaqs]

Would have been hilarious if Shrem paid his $1 million bail in BTC 
http://www.coindesk.com/charlie-shrem-bail-silk-road-money-laundering-arrest/

[nanobrain]

It´s really great that things work out well for you. But dozens of other people have problems, go and check the service discussion forum.
Or do you think i own 100 other accounts.

I think you should be a bit less paranoid and you should read my post more carefully...you think we've exchanged 20+ emails with support for fun.  We've had enough issues with Gox to fill the forum believe me.

I´m sorry if i should have overreacted, i´m a bit drunk  

No worries.  Just HODL and wait to sober up

[hmmmstrange]

Would have been hilarious if Shrem paid his $1 million bail in BTC 
http://www.coindesk.com/charlie-shrem-bail-silk-road-money-laundering-arrest/

Are there any bail bondsmen that take bitcoin?

[fotosonics]

Would have been hilarious if Shrem paid his $1 million bail in BTC 
http://www.coindesk.com/charlie-shrem-bail-silk-road-money-laundering-arrest/

Are there any bail bondsmen that take bitcoin?

http://www.theonion.com/articles/man-smoking-ecigarette-must-be-futuristic-bounty-h,34531/

[shmadz]

Why can't we put somebody like Andreas M. Antonopoulos into that hearing? The comments and opinions of these people are not so well elaborate, as far what I heared.

Andreas would probably refuse the invitation. If he actually did go, here is how I imagine it would go down.........






Douchebag #1: "What do you think about the arrests yesterday?" <- actually was the first question he asked!!?!?

Andreas: "If you can't buy drugs with your currency, then what good is your currency?"

D#1: "blah blah blah money laundering"

Andreas: "Silk Road was doing maybe $100,000 dollars worth, tops. HSBC does like 100 billion and you give them a 2% haircut."

D#1: "but what about 9-11?" <-maybe not the exact question, but he went there pretty quick.

Andreas: "you know what? FUCK YOU GUYS! WE DON'T NEED YOUR PERMISSION!"

<mic drop>

[fotosonics]

Why can't we put somebody like Andreas M. Antonopoulos into that hearing? The comments and opinions of these people are not so well elaborate, as far what I heared.

D#1: "but what about 9-11?" <-maybe not the exact question, but he went there pretty quick.

Andreas: "you know what? FUCK YOU GUYS! WE DON'T NEED YOUR PERMISSION!"

<mic drop>

One of the ladies in the second panel said basically the same thing about not needing permission. Something along the lines of innovation will happen anyway, whether or not people choose to submit to regulation. It was when she was talking about the "safe harbor" option for innovators.

But yeah these are all major points, especially the HSBC one. This needs to be brought up. Hopefully the Overstock guy will nail it tmr.

[shmadz]

Why can't we put somebody like Andreas M. Antonopoulos into that hearing? The comments and opinions of these people are not so well elaborate, as far what I heared.

Andreas would probably refuse the invitation. If he actually did go, here is how I imagine it would go down.........






Douchebag #1: "What do you think about the arrests yesterday?" <- actually was the first question he asked!!?!?

Andreas: "If you can't buy drugs with your currency, then what good is your currency?"

D#1: "blah blah blah money laundering"

Andreas: "Silk Road was doing maybe $100,000 dollars worth, tops. HSBC does like 100 billion and you give them a 2% haircut."

D#1: "but what about 9-11?" <-maybe not the exact question, but he went there pretty quick.

Andreas: "you know what? FUCK YOU GUYS! WE DON'T NEED YOUR PERMISSION!"

<mic drop>

One of the ladies in the second panel said basically the same thing about not needing permission. Something along the lines of innovation will happen anyway, whether or not people choose to submit to regulation. It was when she was talking about the "safe harbor" option for innovators.

hmm, I'm still trying to get through the second panel, Charlie Lee is not the most eloquent proponent of cryptocurrencies, but I thought the "safe harbour" stuff was covered in the first panel?

[fotosonics]

Why can't we put somebody like Andreas M. Antonopoulos into that hearing? The comments and opinions of these people are not so well elaborate, as far what I heared.

Andreas: "you know what? FUCK YOU GUYS! WE DON'T NEED YOUR PERMISSION!"

<mic drop>

One of the ladies in the second panel said basically the same thing about not needing permission. Something along the lines of innovation will happen anyway, whether or not people choose to submit to regulation. It was when she was talking about the "safe harbor" option for innovators.

hmm, I'm still trying to get through the second panel, Charlie Lee is not the most eloquent proponent of cryptocurrencies, but I thought the "safe harbour" stuff was covered in the first panel?

Yes, you're right... I do remember it being said by one of the ladies though. But it was not strong enough IMO

[jojo69]

Andreas would probably refuse the invitation. If he actually did go, here is how I imagine it would go down.........
"you know what? FUCK YOU GUYS! WE DON'T NEED YOUR PERMISSION!"

<mic drop>

gold