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

[fonzie]

Bitcoin seems to be mainly used for criminal activities, black markets or to support terrorism and money laundering the other part is for gambling and speculation.
Kinda sad for a grassroots currency , that was made to save the masses.

[dgarcia]

Bitcoin seems to be mainly used for criminal activities, black markets or to support terrorism and money laundering the other part is for gambling and speculation.
Kinda sad for a grassroots currency , that was made to save the masses.

And porn, dude! Porn!

Don't forget this!

 

[fonzie]

Bitcoin seems to be mainly used for criminal activities, black markets or to support terrorism and money laundering the other part is for gambling and speculation.
Kinda sad for a grassroots currency , that was made to save the masses.

And porn, dude! Porn!

Don't forget this!

 

GOD HATES PRON!

[derpinheimer]

i herd al kayduh is funded with bitcon, is it true???

and that every time u mine a bitcoin u are directly funding al kayduh?

this means im terrorist

[creekbore]

You think I'm 19!!! 
That's fantastic (when you get to my age any hint of youth, however misplaced, is always welcome).

How did you fair in last week's high school football game? Are you going to the prom this year?

LOL...imagine I'm old enough to be your father.

Interesting that you thought I was young based on the fact I care for the environment, its sad that younger people are so cynical about caring for the Earth.  I don't know if you saw my post with regard to the oil 'fact' I quoted but I'm sorry, being up to date on the US oil export figures isn't my biggest priority.

[TooDumbForBitcoin]

Lol, Fonzie is the new proudhon eh?

Proudhon craps bigger than Fonzie

[ChartBuddy]

Explanation

[creekbore]

Bitcoin seems to be mainly used for criminal activities, black markets or to support terrorism and money laundering the other part is for gambling and speculation.
Kinda sad for a grassroots currency , that was made to save the masses.

And porn, dude! Porn!

Don't forget this!

 

GOD HATES PRON!

PRON...as an ex-English teacher I take that to mean pronunciation.  Everyone hates pron.

[fonzie]

Gox just keeps on sliding.. there's no end in sight.

It might stop @ 0$, also i´m not very sure about this.

[fonzie]

History in the making. Watch the biggest ponzi, bubble , pyramid, whatever deflate to sub zero.

[fonzie]

Gox is just steadily moving downwards.

I had an idea: is it possible that Mark K is pissed and it's him that's selling all his coins, price be damned?  I've heard that he has a lot.

At least there is one sane person left in the Bitcoin foundation. That´s kinda bullish 

[magicmexican]

Looks like Gox going full retard

[Denton]

This situation is damaging Bitcoins reputation for nothing.

[magicmexican]

By the way, wouldn't it be better if Gox would suspend all trading until further notice when he made the initial announcement?

[fonzie]

https://www.tradingview.com/v/iiib6q6q/

 


 

[Richy_T]

Much better Something else there, I've no idea how much competition there is between the worlds banks, the consensus is China wants to take the US's position as world trade currency but there's likely other players there too and any one of them could put the dollars world reserve status under serious threat by putting big money into bitcoin now. That would leave no one with total control over the worlds money but if they stand no chance of achieving that they have little to lose, the enemy of my enemy is my friend.

Totally. I think China's looking likely for it. The EU is just not in a decent state these days.

Perhaps Opec should produce its own alt-coin.

[bassclef]

By the way, wouldn't it be better if Gox would suspend all trading until further notice when he made the initial announcement?

You'd think, but no. I wonder if the rats are jumping ship yet.

[kkaspar]

Chin up guys! when everything goes to hell, then you can always work for money!
I'm starting to feel bad for the guys who are holding coins. They have showed great determination, but sadly with this situation, it won't pay off.
Just remember, when the price goes around 200$ then do not sell. There are 1-2 bubbles left in the bitcoin life-cylce, so this won't be the end of the journey.

[AngusCanine]

Who gave you the picture of my ex

[KeyserSoze]

Pretty sure gox will be dead within a month or two

If I only had a bitcoin for every time I've heard this...

Normally I agree with you. This time is different. Mark is blaming his failures at operating a business on the reason he has a business in the first place. It's just bad marketing.

You have no argument from me that Gox doesn't provide good PR or that Mark may not be best suited as the public face of Gox however he bought an unwanted exchange (from a person who went on to build another one which failed) and turned it into an honest money gushing enterprise. It very simply was the economic backbone of the Bitcoin universe for a number of years. Gox helped make the Bitcoin economy what it is today.

Mark had challenges that caused him to close his doors for days/weeks but he always re-opened. He was (and may still be) a beacon of trustworthiness in a community nearly bereft of it.

He's guilty of the sin of being nerdy in a world that loves to point and laugh. He may have been quick to rush to judgment against some in order to protect his business. And now he's earned the ire of the ADHD children of the Bitcoin community by blaming his bad judgement on the protocol's weakness. Yet how many exchanges have now "adjusted their software" since Mark spoke out?

I haven't quite counted him out yet. If he manages to guide Gox back from the brink he will have *the* exchange to trust. If he absconds with the treasure it would surprise me, and I'm pretty jaded.