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

[dgarcia]

Gox is bullish, BTC-E is bullish, FUD is bullish, Putin & Medwedew are bullish!

[ChartBuddy]

Explanation

[fonzie]

@dgarcia 

[Vigil]

Which exchanges besides CampBX allow margin? There was one being mentioned on here during the last run-up and can't remember what it was.

[Vigil]

Which exchanges besides CampBX allow margin? There was one being mentioned on here during the last run-up and can't remember what it was.

Bitfinex?

No. Maybe it was something "io".

[wilfried]

?
https://btc.sx/
still i dont trust that thing

[Erdogan]

That's what we used to call in Naval Nuclear Power School a GCE (gross conceptual error). Trade requires two parties. Few will want to trade something that's scarce for something that isn't.

“Thank you. Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich. [...]

"But we have also," continued the management consultant, "run into a small inflation problem on account of the high level of leaf availability, which means that, I gather, the current going rate has something like three deciduous forests buying one ship's peanut." [...]

"So in order to obviate this problem," he continued, "and effectively revalue the leaf, we are about to embark on a massive defoliation campaign, and...er, burn down all the forests. I think you'll all agree that's a sensible move under the circumstances.”
― Douglas Adams, The Ultimate Hitchhiker's Guide to the Galaxy

Wait, I've just had a great idea for a new alt-coin.

Quick someone buy all the 42coin

Yellen: We need to plant more trees!

[DaRude]

no significant movement on btc-e, so our russian+bulgarian+cypriotic friends not impressed of that fud

they understand all things correctly. It's normal and pretty usual for Russian businesses to be legally registered outside of fucking Pootie's house.

 There is not much difference about company jurisdiction. It`s not a big secret that btc-e owners/operators are russians, guess why russian LE are first one to pay attention to them with real legal case? Because they know it.
 Those news are really bad for btc-e. The case was started by prosecutors of Volgograd city where 2 terror acts taken place before the NY. Right after that we see pushing the law for limiting of anonymous payments which immediately caused huge losses to payment companies like QIWI (NASDAQ:QIWI) stock dropped 20%. Next we have a letter from russian central bank calling bitcoin a money surrogate and basically outlawing any kind of it`s exchange, noting that this might be suspected as financing of terrorism. The new legal case just take those words as a rule and now we have it. In Russia any mention of terror is being taken very seriously, so i have no doubt the idea is clear - they have to shutdown btc-e. I give alot of respect to those guys who operate this exchange that they are still keep working and didnt shutdown like metabank.ru did, but they are playing very dangerous games. If owners are captured, there is no guarantee that anyone will see their funds because the way they do business is illegal and there`s a big chance of seized coins/funds are being "lost" as it usually happens in Russia. I'm not about a spreading FUD here but those are all facts and country specific things you can confirm with anyone who did business in this country. I personally feel very disappointed about such actions taken place but this all gives a clear message that there`s no bright bitcoin story in Russia at least in nearest time.

Show me where it says that owners are Russian? Then even if they're Russian, show me that they're located/operate out of Russia? Stop spreading FUD or on ignore list you go.

Did all the trolls from btc-e got scared that their trollbox will close so they're running to here?

[Praeconium]

y'all been warned about gox repeatedly.  y'all saw the signals.  y'all been pointed at the signals over and over again.  very little sympathy will be obtained when you get wiped out.

The orders on the exchange are working perfectly, I just tried.

What do You suggest?

Confirmed withdraw transaction of 11.2BTC just now to my wallet from Gox. Gox is not a church but please don't spread FUD. Kthxbye.

Gox
2014/02/03 21:44:39   Withdraw      0.16800000 BTC   X BTC
Bitcoin withdraw to 1KfQuNtYYe6SB13VMEPF6Y7iKwzgMbhiWT
Transaction hash

https://blockchain.info/address/1KfQuNtYYe6SB13VMEPF6Y7iKwzgMbhiWT

Transactions
No. Transactions   0   
Total Received   $ 0.00   
Final Balance   $ 0.00   

I can do SS as well if You still think its FUD. It never happened to me before either, but this is sick..

[keithers]

Which exchanges besides CampBX allow margin? There was one being mentioned on here during the last run-up and can't remember what it was.

I believe that new service coinsetter allows this...

[monger]

no significant movement on btc-e, so our russian+bulgarian+cypriotic friends not impressed of that fud

they understand all things correctly. It's normal and pretty usual for Russian businesses to be legally registered outside of fucking Pootie's house.

 There is not much difference about company jurisdiction. It`s not a big secret that btc-e owners/operators are russians, guess why russian LE are first one to pay attention to them with real legal case? Because they know it.
 Those news are really bad for btc-e. The case was started by prosecutors of Volgograd city where 2 terror acts taken place before the NY. Right after that we see pushing the law for limiting of anonymous payments which immediately caused huge losses to payment companies like QIWI (NASDAQ:QIWI) stock dropped 20%. Next we have a letter from russian central bank calling bitcoin a money surrogate and basically outlawing any kind of it`s exchange, noting that this might be suspected as financing of terrorism. The new legal case just take those words as a rule and now we have it. In Russia any mention of terror is being taken very seriously, so i have no doubt the idea is clear - they have to shutdown btc-e. I give alot of respect to those guys who operate this exchange that they are still keep working and didnt shutdown like metabank.ru did, but they are playing very dangerous games. If owners are captured, there is no guarantee that anyone will see their funds because the way they do business is illegal and there`s a big chance of seized coins/funds are being "lost" as it usually happens in Russia. I'm not about a spreading FUD here but those are all facts and country specific things you can confirm with anyone who did business in this country. I personally feel very disappointed about such actions taken place but this all gives a clear message that there`s no bright bitcoin story in Russia at least in nearest time.

Show me where it says that owners are Russian? Then even if they're Russian, show me that they're located/operate out of Russia? Stop spreading FUD or on ignore list you go.

Did all the trolls from btc-e got scared that their trollbox will close so they're running to here?

Exactly thats why you wont read it anywhere, you just cannot run such type of business and dont keep anonymous. But you might believe they run a legal cypriout/bulgarian business with all AML/KYC taken place. The truth is if they would be outside of Russia - they`d be already captured by FBI or Interpol for money laundering.

[Denton]

I hope something happens soon...

[adamstgBit]

you know the fact that poeple aren't dumping on the bad news from Russia, is very telling.
we've seen a overload of FUD this past month, and price is holding its own.
bitcoin is not some house of cards, that could topple over at any moment, thats for sure.
it use to feel like that, but now it feel likes bitcoin has passed the test, nothing can stop us now!

[Praeconium]

I've received coins on campBX platform :S weird but they do go out of gox.

Although my old transactions have not arrived.

[solex]

nothing can stop us now!

[billyjoeallen]

you know the fact that poeple aren't dumping on the bad news from Russia, is very telling.
we've seen a overload of FUD this past month, and price is holding its own.
bitcoin is not some house of cards, that could topple over at any moment, thats for sure.
it use to feel like that, but now it feel likes bitcoin has passed the test, nothing can stop us now!
[/quote

Yeah, it's even holding on days when the stock market has serious sell-offs, alt coins crash, Japanese yen slips back into deflation, etc. Honey badger don't care!

[Richy_T]

I am trying to pull out small amounts from Gox, and it seems to be impossible either to CoinBase or to Blockchain wallet, any has a clue what is going on?

I would suggest you take some Gox-Lax.

[dgarcia]

http://www.reddit.com/r/Bitcoin/comments/1wwtp8/new_bad_news_from_russia_and_btcecom_perhaps/

Oh shit. End of BTCe confirmed. Goodbye alt pumps.

Yeah man it's game over. Putin is going to invade a sovereign EU and NATO member state to shut down BTC-e and enforce Russian law because Russian law is the only law.

Tanks rolling through the streets of Sofia as they zero in on the building hosting BTC-e servers is going to be box office gold.

The article is probably bs, but where is the proof that btc-e is located in bulgaria?  

nope, this is real, from official page of Volgograd prosecutor.

http://volgoproc.ru/newversion/cgi-bin/run.pl?mod=news.mod&dirmod=mod&func=view&id=2331

Really strange thing that this comes from Volgograd...

...maybe virtual currencies were envolved with the terror attacks there.

[surfer43]

you know the fact that poeple aren't dumping on the bad news from Russia, is very telling.
we've seen a overload of FUD this past month, and price is holding its own.
bitcoin is not some house of cards, that could topple over at any moment, thats for sure.
it use to feel like that, but now it feel likes bitcoin has passed the test, nothing can stop us now!

800 is bitcoin's ocean floor 

[biafore]

First time Mt. Gox has broke under 935 sense February 1st.