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

[fonzie]

Hey i just woke up and theres 20 new pages in this thread, can someone update me on the news/ is there a news-related reason why the exchanges are dropping or was yesterday just a bull-trap

It was one huge bull-trap again.

Here´s the news.

http://www.talkmarkets.com/content/currenciesforex/another-bitcoin-flash-crash-imminent-second-major-exchange-follows-mtgox-in-suspending-withdrawals?post=40447

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[fotosonics]

Pardon me.

Ahem.

Could anyone contribute something insightful to this?

http://finance.yahoo.com/news/lots-major-bitcoin-exchanges-under-181949995.html

I am unable to find anything in previous comments.

This story appeared 3 hours ago.

Yes, there is a full-blown war going on right now.

As to who's behind it, Russia? NSA? The Fed? Anyone who feels threatened by Bitcoin?

And here comes the conspiracy theory. The whole world is battling over bitcoin. I would advise every miner to seek refuge in a nuclear shelter as they are already the new targets for intercontinental missiles.

I'm already planning to flee in the mountains with my Jupiter.

And your theory that bitcoin is not under attack is supported by...?

Oh, you were finished?

Well allow me to retort.

You see that? <--

That is this thing called a question mark. As in, question. As in, not a statement. As in, there is no theory but your own, that bitcoin is not under attack.

I said I was looking for someone with INSIGHT. Not IDIOCY.

Welcome to the cold world of ignore.

[Vigil]

Hey i just woke up and theres 20 new pages in this thread, can someone update me on the news/ is there a news-related reason why the exchanges are dropping or was yesterday just a bull-trap

Its over. This is final capitulation. Move your assets to Dogecoin.

[fotosonics]

Hey i just woke up and theres 20 new pages in this thread, can someone update me on the news/ is there a news-related reason why the exchanges are dropping or was yesterday just a bull-trap

Its over. This is final capitulation. Move your assets to Dogecoin.

Don't fall for it. According to this http://finance.yahoo.com/news/lots-major-bitcoin-exchanges-under-181949995.html things will get better after a few days.

[fonzie]

Hey i just woke up and theres 20 new pages in this thread, can someone update me on the news/ is there a news-related reason why the exchanges are dropping or was yesterday just a bull-trap

Its over. This is final capitulation. Move your assets to Dogecoin.

When i buy back BTC@ around 97-154$ i will move 100% of it into DOGE. Promised.

[aminorex]

As to who's behind it, Russia? NSA? The Fed? Anyone who feels threatened by Bitcoin?

People who want to take your coins, if you are foolish enough to give them up.

[meanig]

Hey i just woke up and theres 20 new pages in this thread, can someone update me on the news/ is there a news-related reason why the exchanges are dropping or was yesterday just a bull-trap

Its over. This is final capitulation. Move your assets to Dogecoin.

No, move into Nyancoins

[aminorex]

No, they are doing this to gain more BTC.  They will control the future.  Your children will be their slaves.  

They can try but the cat's out of the bag, capitalism is long past its sell by date and crypto's will out evolve it. Money has become a religion and its a dying one, there are far more important things in life and once its stranglehold on peoples lives starts to weaken they will rebel against it. Competing currencies are here to stay and they will be a digital representation of real world things, there's no free ride in that but there's also no artificial shortage, Bitcoin's just a stepping stone.

And who controls that stepping stone will control which way the path turns.  There is little inevitability in history.

[stompix]

Hey i just woke up and theres 20 new pages in this thread, can someone update me on the news/ is there a news-related reason why the exchanges are dropping or was yesterday just a bull-trap

Its over. This is final capitulation. Move your assets to Dogecoin.

No, move into Nyancoins

We could all invest in visacoin.

[fonzie]

BTC-e Tweet: "Due DDOS on Bitcoin network there is a delay possible with crediting of transactions madden between 10-11 February. Be patient please"

BUG + DDOS confirmed. Well let´s see how this works out.

[Ivanhoe]

As to who's behind it, Russia? NSA? The Fed? Anyone who feels threatened by Bitcoin?

People who want to take your coins, if you are foolish enough to give them up.

And there are a lot of people willing to give them up. The same people who bought in the euphoria after $800,- and thought they were going to be a millionaire because they own 0,29834 BTC

[popopipi]

OK, i´m about to dump a few thousand more. I´m glad i transferred everything before the bug.  

Read like I am waiting for a lower price.

[Kramerc]

5th attempt @ 4060 on Huobi. Major support, if it breaks it's going to be a long way down to 3600.

[stompix]

As to who's behind it, Russia? NSA? The Fed? Anyone who feels threatened by Bitcoin?

People who want to take your coins, if you are foolish enough to give them up.

And there are a lot of people willing to give them up. The same people who bought in the euphoria after $800,- and thought they were going to be a millionaire because they own 0,29834 BTC

In those times you're better checking the top 100-500 addresses and see how many people are really panicking on that level.

[HairyMaclairy]

As to who's behind it, Russia? NSA? The Fed? Anyone who feels threatened by Bitcoin?

People who want to take your coins, if you are foolish enough to give them up.

Russia.  



More specifically a couple of Russian script kiddies.  

[fonzie]

AAAAAND Coinbase is out.! Does this affect retailers(Overstock.com) also right now?


http://support.coinbase.com/customer/portal/articles/1445308-2-10-2014-pending-transaction-balance-issues

BTC RxIxP 2014

[KFR]

Journalists are bad.  They don't understand technical problems and don't know when to STFU about same.

There are two things going on:

1) Due to an old and well known potential problem in one possible implementation of a Bitcoin wallet, some people are able to create 'fake' transactions that will not ever be processed but might fool someone into thinking a transaction has taken place if their wallet is crap and they don't wait for confirmations.  Mt. Gox had not kept their wallet up to date and was particularly vulnerable to this problem due to the way they tracked transactions, which incidentally was the wrong way.  Some other exchanges have also identified that their wallets needed updating and are doing so/have done so.  Kraken, for example, didn't need to update their wallet because they were treating transaction ID's appropriately all along as per the above-mentioned known problem.  There is no risk to the protocol or the coins themselves at all and of course there never was.

2) The Internets are being squeezed today by DDoS troublemakers - as are some of the exchanges.

http://www.digitalattackmap.com/

Journalists are conflating these issues and presenting them as one - and some of them are exacerbating the first point by completely failing to understand the nature of the problem and how/why it only affected a few custom wallet implementations.

[Vigil]

Any of you unfortunate souls trading on Gox experience your bids being canceled without your consent? I placed a bid about 30 min ago and when I saw it should have been hit, I noticed it was not. It was no longer in my order book.

[fonzie]

5th attempt @ 4060 on Huobi. Major support, if it breaks it's going to be a long way down to 3600.

China has yet to wake up.. oh boy.

Byebye support 

[stompix]

Read the ticket support first :

http://support.coinbase.com/customer/portal/articles/1445308-2-10-2014-pending-transaction-balance-issues

And don't believe a word the troll is saying.