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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370583 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
magicmexican
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February 10, 2014, 11:44:54 PM
 #85901

the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out from there with the coins.
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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.
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February 10, 2014, 11:47:24 PM
 #85902

the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence

if this is proven to be false then price is low for no good reason.
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February 10, 2014, 11:49:29 PM
 #85903

so... we're back to where we were 24 hours ago  Roll Eyes
magicmexican
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February 10, 2014, 11:54:25 PM
 #85904

so... we're back to where we were 24 hours ago  Roll Eyes

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February 10, 2014, 11:54:59 PM
 #85905

If I woke up and saw this with no context:


Ohhhhh daddy...
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February 10, 2014, 11:55:03 PM
 #85906

the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence

if this is proven to be false then price is low for no good reason.
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February 10, 2014, 11:55:59 PM
 #85907

the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence

if this is proven to be false then price is low for no good reason.

Plus it will show what the true "bottom" really is and that will give more confidence to investors.  I am actually a little shocked that will all the bad news lately, Gox, Apple, Russia banning BTC we are still hovering around $700!  Shocked  That shows some serious support.

Choo Choo!  Grin
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February 10, 2014, 11:56:43 PM
 #85908

No, nothing has changed much in the last week, but I think this year will see under $200

Check. All done. Seen that.

and over $1300 (actually I think $3-5k but that's a little optimistic I know) and this is just one of those bumps on along the way.

Waiting now  Smiley


magicmexican
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February 10, 2014, 11:57:04 PM
 #85909

Looks like gox is not participating in this little rally :[
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February 10, 2014, 11:59:12 PM
 #85910



Hey I made that! YAY! Someone reads my posts sometimes.
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February 11, 2014, 12:00:59 AM
 #85911

Looks like gox is not participating in this little rally :[

Noone wants emptygoxBTC. They're pretty much worthless now that everybody knows that they have been losing coins because of their shitty accounting and amateurish set up.
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February 11, 2014, 12:01:59 AM
 #85912

$550 wall (3k) at gox will fall within 12h. Grin
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February 11, 2014, 12:05:03 AM
 #85913

Done with Gox
Explanation


Even ChartBuddy knows what time it is  Wink
adamstgBit
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February 11, 2014, 12:07:20 AM
 #85914

its has occurred to me i could offer to sell 1BTC for 2GOXBTC

assuming GOX BTC CODE things still work...

you send me a GOX BTC CODE with 2BTC i send you a real BTC

any takers?

 Cheesy

magicmexican
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February 11, 2014, 12:08:04 AM
 #85915

its has occurred to me i could offer to sell 1BTC for 2GOXBTC

any takers?

 Cheesy



Goxcoin is a pump&dump premine scam.
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February 11, 2014, 12:09:51 AM
 #85916

the market is saying that there is an ~84% chance that GOXERS will be able to withdraw bitcoin soon

It's a little lower than that - and it depends how you quantify 'soon'.

I was looking for about 82.5% on Sunday and couldn't sell mine at that.

I was offered 60% and some were publicly offering 70% 'real BTC' for 'GoxBTC' - which was too low for me.  

Anyway - I never thought they would open the doors on Monday.

Firstly, because their track record of keeping promises on things like this is woeful.

Secondly, because it would have meant a huge flight out of GoxBTC, likely to be rather damaging to the reserves.

I think it can't be soon, and would require balls of steel to say 'ok you can all withdraw now'.   Does that man look like he has them?

Maybe a zero fee offer, and of course a rising price as GoxBTC rises in price when people buy to get out would save them, but it's a big gamble.
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February 11, 2014, 12:11:57 AM
 #85917

its has occurred to me i could offer to sell 1BTC for 2GOXBTC

assuming GOX BTC CODE things still work...

you send me a GOX BTC CODE with 2BTC i send you a real BTC

any takers?

 Cheesy



Just transfered 20k to GOX. CCMF!
Love that cheap coins everywhere.

btw:
Bitcoin is a gamble. Satoshi Dice is a gamble.
GOX has a better return rate. No pain, no gain.
Dragonkiller
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February 11, 2014, 12:13:54 AM
 #85918

its has occurred to me i could offer to sell 1BTC for 2GOXBTC

assuming GOX BTC CODE things still work...

you send me a GOX BTC CODE with 2BTC i send you a real BTC

any takers?

 Cheesy



Just transfered 20k to GOX. CCMF!
Love that cheap coins everywhere.

btw:
Bitcoin is a gamble. Satoshi Dice is a gamble.
GOX has a better return rate. No pain, no gain.

crazy  Huh Shocked
JorgeStolfi
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February 11, 2014, 12:14:04 AM
 #85919


Some interesting bits:
* Finally an article that admits Huobi exists, and even that it is the largest exchange in the world.
* They plan to trade on Litecoin, and are keeping an eye on the unmentionable one too.
* They have "over ten thousand" active clients.
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February 11, 2014, 12:14:18 AM
 #85920

Gox does have some uncanny ability of staying alive
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