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

[billyjoeallen]

Bitstamp to resume withdrawals later today:

Dear Bitstamp clients,

A denial-of-service attack caused us to suspend the processing of Bitcoin withdrawals. Bitstamp, with help from the Bitcoin core developers, has implemented a solution that passes our preliminary tests and audits.

After additional testing, we plan to enable Bitcoin withdraws later today.

Thank you for your understanding!

Best regards,

The Bitstamp team

Finally, this is what the market needed!

It sets up some pretty big expectations. If they don't deliver and we go into another Chinese day of trading, I will be wrong about calling the bottom. But if they do deliver, CCMF!!!

what do you think this initial new shock does to the east coast. I'm think we head for 700 and hit a wall of bear... the buying is starting it seems

It won't be bears, but profit takers who slow the momentum. I doubt we will immediately rise above the level of $755 on Feb Ninth before the MtGox announcement, regardless of whether or not Gox also fixes the problem. 800s on Monday at the absolute highest. and if this patch fizzles...look out below.

[maximum]

rebound after bitstamp announcement, price rise will stop soon and go sideways, then after mtgox announcement it will go up again

[surfer43]

$360
buy orders on GOX

[600watt]

stamp can do it.
they are tough in slovenia.

[MANofthePEOPLE]

First train in a month?

[surfer43]

100 BTC of $370 buy orders on gox  

[TERA]

oh my god what did I just tell you guys earlier. A little bit of green and all the sudden there are pictures of trains on the board.

[billyjoeallen]

$100 swing down and back up in 14 hours!  

[surfer43]

GOX
$380
^^^^^^^^^^^^^  

[Notanon]

Stamp is holding up well. Lets just hope there won't be a whale going in panic mode. It takes very little for a massive sell off to occur on stamp atm.

I hope not. Quietly hoping this is the end for Mt.Gox, their behaviour is beyond a joke.

I mean a whale selling on Stamp. Gox can burn in hell as far as i'm concerned.

Definitely agree on both counts there.

[MoreFun]

GOX
$380
^^^^^^^^^^^^^  

The dumper is still on his job.

[surfer43]

GOX
$380
^^^^^^^^^^^^^  

The dumper is still on his job.

yeah but he is almost finished 

[HairyMaclairy]

wtf BSP has teleported up 20 dollars on bitcoinwisdom 1 min chart.  There isn't even a candle.


I would say time to sell but the candle hit my limit order anyway  

[HairyMaclairy]

Just checked the Gox website no new press release.

[threecats]

oh my god what did I just tell you guys earlier. A little bit of green and all the sudden there are pictures of trains on the board.

beats all those coal miners with hairy  backs! : - )

[koryu]

i hope that bitstamp really enables btc withdrawals later today and it leads to a weekend rally

[surfer43]

gox just blew off a 300 BTC dump 
Is the dumper finished yet?

[Davyd05]

Just checked the Gox website no new press release.

magicaltux on the github related posting discussed how it seemed stale, what I took as agreed this is the best current solution available. Then suggested that it was being implemented already, and all deposits would have to be halted to get the updates working properly. However just look for the reddit or post he made in the github

[HairyMaclairy]

Coinjar the Australian market maker is out of coins.

Orders are queued. Australia is buying.

[threecats]

well, sure is nice to be able to walk away from the screen a few minutes with some small feeling of safety : -)