JorgeStolfi
|
|
February 12, 2014, 08:55:08 AM |
|
received more "insight" on that february 2014 "event" from those nutjobs (?) at the farsight institute.
An event that would change the way we view the world? Are they referring to MtGOX's press release?
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
|
February 12, 2014, 08:59:36 AM |
|
we should make the dude the new foundation chair. and let him run mtgox also.
|
|
|
|
nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
|
|
February 12, 2014, 09:26:04 AM |
|
Think we are going to be testing the December lows at some point soon
|
|
|
|
Davyd05
|
|
February 12, 2014, 09:27:01 AM |
|
Think we are going to be testing the December lows at some point soon
FUD will do that but whatever, people with money are going to absorb all those coins, good riddance to those who are afraid.
|
|
|
|
creekbore
Full Member
Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
|
|
February 12, 2014, 09:29:31 AM |
|
Think we are going to be testing the December lows at some point soon
FUD will do that but whatever, people with money are going to absorb all those coins, good riddance to those who are afraid. Can't have the highs without the lows.
|
|
|
|
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
|
|
February 12, 2014, 09:34:00 AM |
|
The market is reacting VERY maturely to a "major" issue: despite of devs trying to underestimate the transaction malleability thing, the hard cold fact is that this "limitation" is being exploited right now to launch a DoS attack to the network which is slowing down (if not outright halting) the bitcoin economy. I've been sending coins to quite a few services for testing purposes (Bitstamp, Dgex, etc.) and all of my transfer were "mutated" and thus the coins were sent to the correct destination but they weren't credited to the corresponding accounts. Most transactions are delayed and big players such as Bitstamp, Gox or Coinbase are having problems tracking correctly the transactions.
Still BTC is trading well above $600 everywhere but Gox. This is a sign of strength in my book. Be prepared to buy, guys, because the network will come out MUCH stronger after this issue is solved.
|
|
|
|
creekbore
Full Member
Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
|
|
February 12, 2014, 09:39:46 AM Last edit: February 12, 2014, 10:43:32 AM by creekbore |
|
Still BTC is trading well above $600 everywhere but Gox. This is a sign of strength in my book. Be prepared to buy, guys, because the network will come out MUCH stronger after this issue is solved.
Absolutely agree. Saw an interview with Greg Maxwell shortly after the malleability issue broke and he (to paraphrase) said he had known of the issue for some time and wouldn't have put it in the top ten of issues facing BTC from a technical PoV. Which begs the question: what are those top ten issues? EDIT: Thread to discuss this issue started here https://bitcointalk.org/index.php?topic=461631.msg5096642#msg5096642
|
|
|
|
solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
|
|
February 12, 2014, 09:40:07 AM |
|
I get the feeling the market won't bounce until stamp restarts withdrawals, also that China is still watching gox thinking that it means something.
|
|
|
|
synthesis
Newbie
Offline
Activity: 8
Merit: 0
|
|
February 12, 2014, 09:43:54 AM |
|
I've turned bullish to be honest. The cheap coins were already had by many. At some point in the not so far distance gox will sort their shit out. With all the negative PR the coins will remain low and it will find the cooler heads who realize that Gox will has fucking cheap coins. Gox will get an influx of capital which will drive the price up quickly. This will in turn drive the price up on stamp because they'll have resumed coin withdrawals also. The bulls will come in full force and we'll see fast growth. It'll bubble to 850 and then correct to 700-750.
We don't know what new bad news may come. But we sure as hell know there is good news coming because although there is alot of derision, there are people at Gox who are ok at their job.
|
|
|
|
fonzie
|
|
February 12, 2014, 09:49:08 AM |
|
When 600$ falls for more than a day the gates of hell will be opened.
|
|
|
|
fonzie
|
|
February 12, 2014, 09:52:42 AM |
|
|
|
|
|
fonzie
|
|
February 12, 2014, 09:55:10 AM |
|
Mt.Gox about to break 500$.
|
|
|
|
magicmexican
|
|
February 12, 2014, 09:57:59 AM |
|
I still want to see 200$ difference between Gox and everyone else
|
|
|
|
ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
|
|
February 12, 2014, 09:59:17 AM |
|
The market is reacting VERY maturely to a "major" issue: despite of devs trying to underestimate the transaction malleability thing, the hard cold fact is that this "limitation" is being exploited right now to launch a DoS attack to the network which is slowing down (if not outright halting) the bitcoin economy. I've been sending coins to quite a few services for testing purposes (Bitstamp, Dgex, etc.) and all of my transfer were "mutated" and thus the coins were sent to the correct destination but they weren't credited to the corresponding accounts. Most transactions are delayed and big players such as Bitstamp, Gox or Coinbase are having problems tracking correctly the transactions.
Still BTC is trading well above $600 everywhere but Gox. This is a sign of strength in my book. Be prepared to buy, guys, because the network will come out MUCH stronger after this issue is solved.
Glad to see you posting in this thread, haven't seen you around for a while. I enjoy the insight in your posts. The bolded part sums up how I feel about this issue. The network is showing its resilience and most involved actors (exchchanges, devs, hodlers) seem to be behaving with calmness and intelligence. I agree that this will make the network stronger once again and I like it!
|
|
|
|
|
creekbore
Full Member
Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
|
|
February 12, 2014, 10:01:12 AM |
|
And Fonzie is awake.
Here comes the FUD
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
February 12, 2014, 10:02:53 AM |
|
Done with Gox Explanation
|
|
|
|
Davyd05
|
|
February 12, 2014, 10:04:56 AM |
|
I think the real rush is when exchanges say yup wallets are good to go, people do a couple withdrawals, miners get some fees. If gox can get their problem sorted as well we choo choo.
|
|
|
|
gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
|
|
February 12, 2014, 10:16:25 AM |
|
I vote Fonzie for BEST FUD Award of the forum Bitcoin client and services are currently seriously messed up with the malleability attack: http://blog.bitbargain.com/post/76337403346/bitcoin-malleability-issueIts having difficulty performing its role as a robust payment system.Price is currently over-valued..
|
|
|
|
Mythul
|
|
February 12, 2014, 10:23:13 AM |
|
Fonzie is by far the best FUD prophet & king troll. I have to admit he never quits and I bet you he will trolls us even if we reach $1 or $1.000.000.
|
|
|
|
|