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

[MANofthePEOPLE]

its really crashing hard today

Any chance we could break 600? Huge resistance on stamp

[njcarlos]

its really crashing hard today

Any chance we could break 600? Huge resistance on stamp

I'm willing to wager it does

[JorgeStolfi]

I just learned about GBL, the Chinese exhange created may/2013 that vanished in early november together with 4 million US$ of customer deposits.

Is there a list of all such bitcoin scams/thefts somewhere? 

A colleague teased me at lunch, "have you already opened your bitcoin exchange?".  Now I am tempted, it seems to be the best get-rich-quick system in the world.  No need to make or sell anything; just set up the site, wait until people deposit a fortune in coins and cash, then close the site an say "sorry folks". (This last step is entirely optional.)

If past history is any guide, my clients will never call the police; who knows what they will have used bitcoins for.  I can even open another exchange; some of my victims may even defend me on the forums, "let's give the man another chance, eh?"

[mah87]

Missed this mornings activities - what's the reason for the drop this morning?

just another wave of panic, the FUD buildup is high.

STILL BULLISSH DEAR DAM ?

[Drabla]

SR 2.0 Hacked?

http://www.reddit.com/r/DarkNetMarkets/comments/1xtqty/sr_has_been_hacked/

Our initial investigations indicate that a vendor exploited a recently discovered vulnerability in the Bitcoin protocol known as "transaction malleability" to repeatedly withdraw coins from our system until it was completely empty.

Hmmm. It's making its rounds through chats but i would take this with a grain of salt

[njcarlos]

SR2.0? Sup feds

[pietje]

its really crashing hard today

Any chance we could break 600? Huge resistance on stamp

Yea 3500 btc. Dont think we will break it easily. Might be a turning point.

[dgarcia]

You want to trade the swings? Maximize your coin stash? Then probably wait a bit longer I'd be seriously surprised if we don't at least properly test 600, if not 500 again (stamp prices). If not tonight, then soon.

Regarding Logcharts the Real Bottom should be between 300 - 400. But I think it could be very risky waiting for so much blood.

...400 - 580 is a good buying area.

[stompix]

I just learned about GBL, the Chinese exhange created may/2013 that vanished in early november together with 4 million US$ of customer deposits.

Is there a list of all such bitcoin scams/thefts somewhere? 

A colleague teased me at lunch, "have you already opened your bitcoin exchange?".  Now I am tempted, it seems to be the best get-rich-quick system in the world.  No need to make or sell anything; just set up the site, wait until people deposit a fortune in coins and cash, then close the site an say "sorry folks". (This last step is entirely optional.)

If past history is any guide, my clients will never call the police; who knows what they will have used bitcoins for.  I can even open another exchange; some of my victims may even defend me on the forums, "let's give the man another chance, eh?"

https://bitcointalk.org/index.php?topic=83794.0

[FierceRadish]

Is there a list of all such bitcoin scams/thefts somewhere? 

 https://bitcointalk.org/index.php?topic=83794.0

EDIT: Oops, Stompix already in with the link...

[adamstgBit]

Missed this mornings activities - what's the reason for the drop this morning?

just another wave of panic, the FUD buildup is high.

STILL BULLISSH DEAR DAM ?

is there any good reason not to be?

[JimboToronto]

Hello, my fellow Bitcoiners. How is Bitcoin doing so far?
Are you still busy maxin out your credit cards to buy up all the dirt cheap coins?

Bitcoin's doing just fine, up over 2000% in the last year alone. Its longer term growth has been even more impressive.

Credit cards? I don't use 'em.

WHERE ARE THE BULLS WHERE ARE THEY ?? CRYING ALONE IN THE DARK ??

Nope. Sitting back watching and laughing at the teddy bear picnic.



"See them gaily gad about.
They love to play and shout,
They never have any care"

Actually describes the bulls/hoarders more than the teddy bears themselves.

Why is it that even during downtrends, the bears always seem so stressed and serious?

[Erdogan]

Oh look, Bitcoin cultists actually don't have any money they could use to buy with. They are merely hoping for others to do it for them.

 

Yep. New adopters... get it?

[dgarcia]

Missed this mornings activities - what's the reason for the drop this morning?

just another wave of panic, the FUD buildup is high.

STILL BULLISSH DEAR DAM ?

is there any good reason not to be?

Yet? No!

Buy!

[mah87]

Missed this mornings activities - what's the reason for the drop this morning?

just another wave of panic, the FUD buildup is high.

STILL BULLISSH DEAR DAM ?

is there any good reason not to be?

Bitcoin protocol failure ? Mtgox bankruptcy ? Bitstamp illegal activity inside EU ? Sure;;; bitcoin will go far.... FAR CLOSE TO 10$

[njcarlos]

Bitstamp illegal activity inside EU ?

Que?

[podyx]

Why is it that even during downtrends, the bears always seem so stressed and serious?

so true

[Spaceman_Spiff]

Bitcoin protocol failure ? Mtgox bankruptcy ? Bitstamp illegal activity inside EU ? Sure;;; bitcoin will go far.... FAR CLOSE TO 10$

What Bitstamp stuff are you talking about?

[plasticAiredale]

[stompix]

SR 2.0 Hacked?

http://www.reddit.com/r/DarkNetMarkets/comments/1xtqty/sr_has_been_hacked/

Our initial investigations indicate that a vendor exploited a recently discovered vulnerability in the Bitcoin protocol known as "transaction malleability" to repeatedly withdraw coins from our system until it was completely empty.

Hmmm. It's making its rounds through chats but i would take this with a grain of salt

Hmmm , sheepmarket ...?