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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489656 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.)
FierceRadish
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February 11, 2014, 10:47:16 PM
 #86561

As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.

As I wrote before, I can't understand why the bitcoin community still puts its trust on a Foundation

Answer: we don't.
hd060053
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February 11, 2014, 10:47:19 PM
 #86562

Meh whatever I still trust in BTC and if we go under 600 I go full FIAT in BTC. I think when these problems get solved we will be @900´s in no time.

yes, when gox releases btc withdrawals there will be a huge green candle (maybe the biggest we ever saw). There is huge buying power there. And it will have an effect on other exchanges as the crash had too.
aminorex
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February 11, 2014, 10:48:35 PM
 #86563

By the way, someone here mentioned the Bitcoinica affair.  I tried to read about it, but the least news I found on the net, from mid-2013 perhaps, said that the Bitcoinica liquidators were unsucessfully trying to get from Mark Karpeles the number of BTC remaining in Bitcoinica's account at MtGox.  How did that affair end?  (From the original post I understood that those coins may be still at MtGOX.)

The coins have not been recovered from Karpeles.  Some regard him as a thief for this reason.  Others consider him a hero for making them whole after Mt.Gox was hacked.  The recent behaviour of Mt.Gox definitely puts it firmly on the side of evil, from my POV.
HairyMaclairy
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February 11, 2014, 10:48:53 PM
 #86564

Bitstamp seriously slow for me right now.

It's still trading as is BFX.
c0dex
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February 11, 2014, 10:49:34 PM
 #86565

Bitstamp seriously slow for me right now.

It's still trading as is BFX.

Briefly giving me an error page, but Bitstamp seems to be back.
stompix
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February 11, 2014, 10:50:01 PM
 #86566

Bitstamp's down ATM.

Not here.
KFR
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February 11, 2014, 10:50:12 PM
 #86567

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

Since fonzie didn't bother to answer, maybe you can.

How have Dogecoin creators addressed the transaction malleability issue?

As far as I can none of the Bitcoin descendants have.



aminorex
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February 11, 2014, 10:50:19 PM
 #86568

As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.

As I wrote before, I can't understand why the bitcoin community still puts its trust on a Foundation

Answer: we don't.

After the acts of war conducted today, it doesn't need a foundation, it needs a team of assassins with swabs of ricin and silenced 5.7s.
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February 11, 2014, 10:51:17 PM
 #86569

By the way, someone here mentioned the Bitcoinica affair.  I tried to read about it, but the least news I found on the net, from mid-2013 perhaps, said that the Bitcoinica liquidators were unsucessfully trying to get from Mark Karpeles the number of BTC remaining in Bitcoinica's account at MtGox.  How did that affair end?  (From the original post I understood that those coins may be still at MtGOX.)

The coins have not been recovered from Karpeles.  Some regard him as a thief for this reason.  Others consider him a hero for making them whole after Mt.Gox was hacked.  The recent behaviour of Mt.Gox definitely puts it firmly on the side of evil, from my POV.

Well , his actions seems sometimes as being influenced by the amount of *** he smoked the day before making decisions.
JorgeStolfi
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February 11, 2014, 10:51:24 PM
 #86570

Wut is this?  Shocked


I don't know if I understand the question. Is it about the current price (large green number)  being above the lowest ask?

This may look wrong, but the current price is the price of the last transaction that was executed.  Since that time, a new sell offer was added to the order book, below that current price.
HairyMaclairy
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February 11, 2014, 10:52:21 PM
 #86571

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

Since fonzie didn't bother to answer, maybe you can.

How have Dogecoin creators addressed the transaction malleability issue?

As far as I can none of the Bitcoin descendants have.





Devs have repeatedly said it is a simple fix but not high priority especially if you are running a properly configured wallet.
KFR
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February 11, 2014, 10:53:00 PM
 #86572

I think, and am hoping, that this is the sound of the last straw landing on the camel's back.

I've just signed up to the Bitcoin Foundation myself so I can at least help people to try and change it from within.  I would suggest others join me.  

If that fails then the Bitcoin community might as well reject the Bitcoin Foundation wholesale.  And that might not be a bad thing.

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February 11, 2014, 10:53:11 PM
 #86573


As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.



https://bitcoinfoundation.org/about/board

See the guy in the number two spot?
fonzie
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February 11, 2014, 10:53:56 PM
 #86574

I hired 17 monkeys that press F5 on bitstamp.net 24/7. They´re quite fast btw.

fonzie
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February 11, 2014, 10:55:14 PM
 #86575

I think, and am hoping, that this is the sound of the last straw landing on the camel's back.

I've just signed up to the Bitcoin Foundation myself so I can at least help people to try and change it from within.  I would suggest others join me.  

If that fails then the Bitcoin community might as well reject the Bitcoin Foundation wholesale.  And that might not be a bad thing.



What a coincidence, i signed up to the Foundation two days ago.

Let´s work together on this one.
HairyMaclairy
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February 11, 2014, 10:57:26 PM
 #86576


As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.



https://bitcoinfoundation.org/about/board

See the guy in the number two spot?

So join the foundation and remove him.  Be part of the solution. 
podyx
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February 11, 2014, 10:57:30 PM
 #86577

I hired 17 monkeys that press F5 on bitstamp.net 24/7. They´re quite fast btw.



LOL

dgarcia
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February 11, 2014, 10:58:25 PM
 #86578

Wut is this?  Shocked


I don't know if I understand the question. Is it about the current price (large green number)  being above the lowest ask?

This may look wrong, but the current price is the price of the last transaction that was executed.  Since that time, a new sell offer was added to the order book, below that current price.

76 Coins trading between 4000 - 4100?!

It was not wrong. Orders were executed equal to bid and ask.

Seems they have still problems on Huobi.
KFR
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February 11, 2014, 10:58:27 PM
 #86579


As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.



https://bitcoinfoundation.org/about/board

See the guy in the number two spot?

As per my previous posts on the subject, the current Board composition is a joke.  One's had to resign, one's running a disgraced exchange and two of them are arguing in public by issuing conflicting statements.  And meanwhile Bitcoin's developers are focussing on esoteric edge case problems rather than addressing the community's immediate and more pressing needs.  It's an embarrassment.

Nemo1024
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February 11, 2014, 11:00:09 PM
 #86580

Don't know about you, guys, but I am going to have some fresh fiat on Stamp tomorrow, or the day after. This is too good an opportunity to miss out on! Smiley
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