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

[Davyd05]

If Gox enables bitcoin withdraws are we going to see the first btc-related suicide ? Mt.Gox did so much harm to the community this year is unbelievable .

people chose to panic. should be a crazy day still

[windjc]

Not the sharpest tool in the shed. But, I do think he may have been arbitraging at one time from there. Still, not the sharpest tool in the shed.

So, you're a really happy bunny, you just like abusing people here?

A couple of weeks back you were moaning about the dwindling standards of debate and took refuge in Risto's thread of maths and charts and hi-fallutin theories (which I really enjoy I must add)....but now he's a sandwich short of a picnic?

Shall we dance?

Risto is smart. But smart people do dumb things from time to time. And in this case he trusted Gox which I would have never done. Risto will be ok. He will get his btc out when they reopen withdrawals. But he has been stressing about it and yelling at people in the service discussions threads for the last few days. Risto is prone to paranoia and "worst case" beliefs.

[creekbore]

stop quoting fonzie you n00b

Sometimes someone's entire point of existing is to serve as an example to others how not to exist ... you do not want to be that person.

Sort of a destructive approach to character building? Wouldn't it be better if we could aspire to be like the people who impress us, rather than try to NOT be like the people who don't?

You life might not be a complete waste if it can serve as a warning to others.

That is fonzie. You do not want to be like him, step back.

How does it come that you libertarian anarchists, all power the people guys... are most of the time the biggest narrow minded fascists and tend to describe yourself as outstanding smart and noble?
I even received death threats via PM in here already... Unlike you i never insult other people, i´m just trollin Bitcoin..

If true I'm sorry to hear that Fonzie.

Irregardless of what your beliefs are or even what nonsense you post here, there is no need for personal abuse or threats.

[Vycid]

To anyone that's used Gox recently - how long did it take your international wire to deposit?

The prices are too good to ignore right now.

[windjc]

To anyone that's used Gox recently - how long did it take your international wire to deposit?

The prices are too good to ignore right now.

I would actually also like to know this.

[ChrisML]

I am just wondering what the hell will happen next.

These prices are insane. If it enables withdrawles, than what?

I assume they have bought shitloads of cheap coins in themselves, will they rise the price back too $500 plus?

People will start taking out their Bitcoins, but some smart guys have bought in right now and are waiting for this price to double again.

But eh yeah, will this happen. Fuck knows.

[Vycid]

I am just wondering what the hell will happen next.

These prices are insane. If it enables withdrawles, than what?

I assume they have bought shitloads of cheap coins in themselves, will they rise the price back too $500 plus?

People will start taking out their Bitcoins, but some smart guys have bought in right now and are waiting for this price to double again.

But eh yeah, will this happen. Fuck knows.

The instant Gox opens withdrawals, every single coin in that fucking place will shoot out of there and prices will spike. Anyone still holding GoxBux will be unhappy. The GoxBux at MtGox have not disappeared, because nobody can get fiat out of there either.

This is the conundrum for me: can I get my USD into GoxCoins before they reopen withdrawals, or will I be left with GoxBux and an inflated price?

[Davyd05]

I am just wondering what the hell will happen next.

These prices are insane. If it enables withdrawles, than what?

I assume they have bought shitloads of cheap coins in themselves, will they rise the price back too $500 plus?

People will start taking out their Bitcoins, but some smart guys have bought in right now and are waiting for this price to double again.

But eh yeah, will this happen. Fuck knows.

The instant Gox opens withdrawals, every single coin in that fucking place will shoot out of there and prices will spike. Anyone still holding GoxBux will be unhappy.

This is the conundrum for me: can I get my USD into GoxCoins before they reopen withdrawals, or will I be left with GoxBux and an inflated price?

this is why many are buying now, I am sure' they're just sitting there refreshing the gox homepage.

[creekbore]

Risto is smart. But smart people do dumb things from time to time.

Indeed, like post hurtful comments about people without actually thinking.  
This is the second time we've had this conversation; you do seem to let fly first, think later.

And in this case he trusted Gox which I would have never done. Risto will be ok. He will get his btc out when they reopen withdrawals. But he has been stressing about it and yelling at people in the service discussions threads for the last few days. Risto is prone to paranoia and "worst case" beliefs.

I don't know what Risto's situation is and have not been keeping abreast, so can't comment.  However, risk assessment means addressing 'worst' case' scenarios, so I imagine he has to explore these possibilities.  

One thing is certain - no-one knows what will happen - this is Bitcoin and anything can, and often does, happen.  Last week no-one fore saw that Gox would blame the Bitcoin protocol - I didn't and if you did you kept it to yourself.

Being strident about your point of view doesn't make it accurate.

[windjc]

Risto is smart. But smart people do dumb things from time to time.

Indeed, like post hurtful comments about people without actually thinking.  
This is the second time we've had this conversation; you do seem to let fly first, think later.

And in this case he trusted Gox which I would have never done. Risto will be ok. He will get his btc out when they reopen withdrawals. But he has been stressing about it and yelling at people in the service discussions threads for the last few days. Risto is prone to paranoia and "worst case" beliefs.

I don't know what Risto's situation is and have not been keeping abreast, so can't comment.  However, risk assessment means addressing 'worst' case' scenarios, so I imagine he has to explore these possibilities.  

One thing is certain - no-one knows what will happen - this is Bitcoin and anything can, and often does, happen.  Last week no-one fore saw that Gox would blame the Bitcoin protocol - I didn't and if you did you kept it to yourself.

Being strident about your point of view doesn't make it accurate.

I like you Creekbore.

[ShroomsKit]

Wth are these people on Gox doing!

[xulescu]

watching gox 1m on wisdom is like watching eurosport, but slowed down alot

[creekbore]

Risto is smart. But smart people do dumb things from time to time.

Indeed, like post hurtful comments about people without actually thinking.  
This is the second time we've had this conversation; you do seem to let fly first, think later.

And in this case he trusted Gox which I would have never done. Risto will be ok. He will get his btc out when they reopen withdrawals. But he has been stressing about it and yelling at people in the service discussions threads for the last few days. Risto is prone to paranoia and "worst case" beliefs.

I don't know what Risto's situation is and have not been keeping abreast, so can't comment.  However, risk assessment means addressing 'worst' case' scenarios, so I imagine he has to explore these possibilities.  

One thing is certain - no-one knows what will happen - this is Bitcoin and anything can, and often does, happen.  Last week no-one fore saw that Gox would blame the Bitcoin protocol - I didn't and if you did you kept it to yourself.

Being strident about your point of view doesn't make it accurate.

I like you Creekbore.

 
Likewise.

And I like keeping you in check 

[virtualfaqs]

What is really bizarre in all this is that holders of GoxBTC can currently exchange them for realBTC at 0.78 at bitconbuilder.com, yet they are selling them at < .5 of stamp price. They could sell their goxbtc for realbtc, sell those on a reliable exchange, and get more $ than selling one gox, and not have to worry about insolbvency or waiting months for withdrawals.

How does this site work?

[dmiceman]

Look at the http://bitcoincharts.com/markets/ daily volume. May be all other markets are complete joke?

[molecular]

gox is on the move up and goxBTC/realBTC rates on bitcoinbuilder.com are also going up.

any news?

[bangersdad]

Announcement from gox tomorrow:

"We are very sorry to inform you that we have no BTC - so we will recredit your account with dollars at the current gox btc/usd market price - then take 4 months to process your withdrawal"

[tarmi]

If mtgox opens for btc withdrawals, I think the price will plummet.

if they dont open for btc withdrawals, I think the price will plummet.

[Mythul]

Coins util .... 0

[molecular]

Announcement from gox tomorrow:

"We are very sorry to inform you that we have no BTC - so we will recredit your account with dollars at the current gox btc/usd market price - then take 4 months to process your withdrawal"

hahaha.

like in the paper gold market