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

[MoreFun]

With regard to Gox implementing withdrawals it seems there are developments and counter arguments in progress (if you're too lazy to leave this thread):

https://bitcointalk.org/index.php?topic=464835.0

http://theblogchain.com/2014/02/14/breaking-mark-karpeles-posts-to-say-mtgox-is-implementing-a-solution/

I won't pretend to be a technical genius but the gist I'm getting from this is Gox are implementing a 'fix' which gmaxwell (I imagine speaking for the BTCdev team?) seems to think won't work.

Interesting Mark mentions LTC...perhaps he's hoping for a new revenue stream

What a scumbag move to suddenly mention ltc.

Here I can confirm your statement!!!

[ShroomsKit_Disgrace]

With regard to Gox implementing withdrawals it seems there are developments and counter arguments in progress (if you're too lazy to leave this thread):

https://bitcointalk.org/index.php?topic=464835.0

http://theblogchain.com/2014/02/14/breaking-mark-karpeles-posts-to-say-mtgox-is-implementing-a-solution/

I won't pretend to be a technical genius but the gist I'm getting from this is Gox are implementing a 'fix' which gmaxwell (I imagine speaking for the BTCdev team?) seems to think won't work.

Interesting Mark mentions LTC...perhaps he's hoping for a new revenue stream

What a scumbag move to suddenly mention ltc.

Here I can confirm your statement!!!

THIS probably is the first comment of the criying machine aka ShroomsKit that a normal person could see as senseful

[barbs]

i hope mark chokes on a frappachino.

[surfer43]

I hope Mark fixes withdrawals asap.

CCMF!

[yrtrnc]

Looks like gox has run out of coins.

[Mythul]

Confirmed: Mark Karpeles is on drugs !

[surfer43]

holy shit stop dumping on GOX  

[Mythul]

holy shit stop dumping on GOX  

$200 spread. :O I think finally the other exchanges are decoupling from Mt.Gox.

[surfer43]

  another 400 dumped

I'm glad we are getting rid of you dumpers  

[600watt]

holy shit stop dumping on GOX  

live & full color: the death of a legend

 

edit: i don´t get it: who is trading bitcoins he cannot move for dollars he cannnot move ?

[surfer43]

  another 200

[dreamspark]

another 400 dumped

I'm glad we are getting rid of you dumpers  

Do you think they instantly withdraw their money or do you think they buy back lower ? 

[GaliX]

another 200

another 380+150 bye bye gox

[surfer43]

another 200

another 380+150 bye bye gox

hurry up mark   

[Mythul]

"Wish I withdrawdl 3 months ago from Gox" - Gox trader, February 2014

[billyjoeallen]

another 400 dumped

I'm glad we are getting rid of you dumpers  

Do you think they instantly withdraw their money or do you think they buy back lower ? 

Hmmmm. The great Doyle Brunson once said "You can shear a sheep many times, but you can skin him only once."

Somehow I think that applies.

[ShroomsKit_Disgrace]

"Wish I withdrawdl 3 months ago from Gox" - Gox trader, February 2014

"Wish I have some fresh fiat at Gox right now" - Venture Capitalist, February 2014

[Nemo1024]

I've asked for a refund of Neptune last week, and got the money back today. Quick and professional customer service.
My main concern was that according to this calculator http://btcinvest.net/en/bitcoin-mining-profit-calculator.php, the miner would need to come on line end of March at the latest to break even. I'll be watching KnC's foray into cloudhashing with interest, and maybe buy shares from them if they would appear to be at least a little profitable.

In the meantime, the fiat money that I got refunded got redirected strait back to Bitstamp, and if the price on Monday/Tuesday stays about the same as today, I will have made BTC6 of pure profit.

...and pity that I won't have fresh fiat on the exchange for the week-end, as I expect we'll be re-testing the lows.

I call bullshit. If you really thought that, sell your coins there and buy back in cheaper.  

Here comes the FUD brigade, wanting cheap coins before the Big Fix. Sorry you missed the bottom, Guys, but it's in the rear view mirror.

Please, choose your accusations more carefully.

I am in the mode, where I play with 3-4 BTC, the rest gets moved to cold storage or waits for a spike in preset high sell orders. In January I decided that I will not sell a single coin at lower than what I bought it for, so more and more coins got locked out from trading by that decision, on the other hand, I had 0 losses and a few BTC gains. And another part of my strategy is to remove a fraction of BTC to cold storage each week.

On the other hand, I've been transferring fresh fiat to the exchange and buying each week on the way down, and I am almost, but not entirely out of fiat on the exchange. If you read my message correctly, I said that it was a pity that refund money didn't come earlier, because I am fully aware that we are near or at a bottom. The refund money will be converted back to BTC next week whatever the price (another of my decisions was to buy for at least 80% of fresh fiat immediately upon deposit), but you should agree that it's always a nice bonus when it's done at a bottom.

I am also of the opinion that this week-end will see a flash-crash, as we are still in the down-trend, so my remaining fiat is locked accordingly in the preset buy limit orders.

[surfer43]

and another 600  

 
 

[gngrbeb2000]

dumps like a truck.