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November 12, 2024, 02:59:04 PM *
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Question: Price Target for Nov. 30, 2024:
<$75K - 2 (3.9%)
$75K to $80K - 1 (2%)
$80K to $85K - 2 (3.9%)
$85K to $90K - 7 (13.7%)
$90K to $95K - 12 (23.5%)
$95K to $100K - 7 (13.7%)
>$100K - 20 (39.2%)
Total Voters: 51

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26492800 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
gizmoh
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February 16, 2014, 10:59:39 AM
 #89681

Why would you buy goxBTC at .7 when its closer to .45 atm  Huh

Cause Its still a profit in btc, until you convert it to FIAT. Its a great deal ( big margin) if currently you have FIAT on Gox.
medialab101
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February 16, 2014, 11:00:11 AM
 #89682

Put a buy in a $4 as its all the gox bux I have. Lets see if it gets filled.
However with these prices and residing in Japan with access to a "faster" deposit I am seriously considering injecting a little fiat.

Talk me out of it?

Having the same thought...

So talk us both out of it.

Sounds like the plan at Gox is working.

I believe it is probably likely that Gox will not open withdrawals tomorrow. And, if they do come back with a reply that is vague (likely) it will cause even more dumping driving the price lower or at least keeping it in the 200s. So if I could get money there by Tuesday morning there may still be a shot at cheap coins.

On the flip side, if withdrawal opens on Monday then (best scenario) I've tied up my money for 3-4 weeks trying to repatriate it to my account, or, (worst scenario) Gox is insolvent and I've thrown good money after bad. Decisions... decisions...
Amechan
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February 16, 2014, 11:01:16 AM
 #89683

Checking my account info thought...

I got an email on Feb 3 that said:

We are pleased to announce that you are now able to enjoy our new and improved Japanese Domestic Transfer method to fund your MtGox account.

Starting from today onward please use the following banking information to start funding your account.

If you lost this email do not worry as this information is also available on the Funding option > Add Funds > Japanese Domestic transfer tab.

However I can not find any "domestic transfer" option in the funding.
Even if I wanted to it seems I can't. Probably for the best.

Can anyone else in Japan confirm that they have a "domestic transfer" tab?
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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February 16, 2014, 11:03:47 AM
 #89684


Explanation
JorgeStolfi
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February 16, 2014, 11:04:30 AM
 #89685

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

I like the looks of Bitcoincharts plots, but apparently they have some ideological grudge against Huobi and OKCoin, and will not even mention them.  Their volume piecharts are meaningless (and do not say what time interval they cover)
gizmoh
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February 16, 2014, 11:06:26 AM
 #89686

Checking my account info thought...

I got an email on Feb 3 that said:

We are pleased to announce that you are now able to enjoy our new and improved Japanese Domestic Transfer method to fund your MtGox account.

Starting from today onward please use the following banking information to start funding your account.

If you lost this email do not worry as this information is also available on the Funding option > Add Funds > Japanese Domestic transfer tab.

However I can not find any "domestic transfer" option in the funding.
Even if I wanted to it seems I can't. Probably for the best.

Can anyone else in Japan confirm that they have a "domestic transfer" tab?

Gox is very keen to offer Funding options, deposit through Moneypolo , Astropay etc. But no new options for 'Withdrawals'

Does it ring a bell ?
medialab101
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February 16, 2014, 11:07:53 AM
 #89687

Checking my account info thought...

I got an email on Feb 3 that said:

We are pleased to announce that you are now able to enjoy our new and improved Japanese Domestic Transfer method to fund your MtGox account.

Starting from today onward please use the following banking information to start funding your account.

If you lost this email do not worry as this information is also available on the Funding option > Add Funds > Japanese Domestic transfer tab.

However I can not find any "domestic transfer" option in the funding.
Even if I wanted to it seems I can't. Probably for the best.

Can anyone else in Japan confirm that they have a "domestic transfer" tab?


Yeah, I do
Amechan
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February 16, 2014, 11:11:13 AM
 #89688

Checking my account info thought...

I got an email on Feb 3 that said:

We are pleased to announce that you are now able to enjoy our new and improved Japanese Domestic Transfer method to fund your MtGox account.

Starting from today onward please use the following banking information to start funding your account.

If you lost this email do not worry as this information is also available on the Funding option > Add Funds > Japanese Domestic transfer tab.

However I can not find any "domestic transfer" option in the funding.
Even if I wanted to it seems I can't. Probably for the best.

Can anyone else in Japan confirm that they have a "domestic transfer" tab?


Yeah, I do

Strange. I see nothing.
Under add funds I have:
Bitcoin
AstroPay
Euro Bank Transfer
Bank Transfer
MoneyPolo
OkPay
Redeem Mt gox Code
Redeem Private Key

JorgeStolfi
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February 16, 2014, 11:11:44 AM
 #89689

What is really bizarre in all this is that holders of GoxBTC can currently exchange them for realBTC at 0.78 at bitconbuilder.com,

Perhaps MtGOX clients are not aware of that possibility.

Perhaps there is some snag or limitation.  Can they reallly do that with any amount of goxBTC?
Vycid
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February 16, 2014, 11:11:48 AM
 #89690

Put a buy in a $4 as its all the gox bux I have. Lets see if it gets filled.
However with these prices and residing in Japan with access to a "faster" deposit I am seriously considering injecting a little fiat.

Talk me out of it?

Having the same thought...

So talk us both out of it.

I'm very jealous of both of you. I would've deposited last week, sold the GoxBTC into real BTC and come around for round 2 by now.

Instead I'm waffling around trying to decide if it makes any sense to do an international wire.
ardana123
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February 16, 2014, 11:12:16 AM
 #89691

lol @ anyone thinking the Gox staff is going to "cut and run". Have people become that stupid? I guess the current price is a reflection of massive herd mentality and stupidity. Oh well, more profit for me.
Bitsinmyhead
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February 16, 2014, 11:14:15 AM
 #89692

If anyone still have fiat stuck on Gox, please PM me and I will get it out for you at 100%. I can only do this for fiat.
JorgeStolfi
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February 16, 2014, 11:21:38 AM
 #89693

I can't find the reply that first posted this, but it deserves to be re-posted IMHO:

http://trilema.com/2014/mtgox-and-ancient-bitcoin-history-the-straight-dope/
Krabby
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February 16, 2014, 11:25:28 AM
 #89694

Someone does not want to see 266 again.
MikeH
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February 16, 2014, 11:25:57 AM
 #89695

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.

mine took 13 days in November.
JorgeStolfi
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February 16, 2014, 11:29:42 AM
 #89696

So you trade GoxBTC for GoxUSD? How is that going to help in a bankruptcy?

Well, I think that "he owes me 10,000 dollars" sounds more serious to a prosecutor or judge than "he owes me 50 bitcoins".

On the other hand, once a MtGOX client sells his 1 goxBTC for 200 goxUSD, he forfeits his right to the 1 realBTC that he was owed before, and can sue them for only 200 realUSD.
ChrisML
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February 16, 2014, 11:39:26 AM
 #89697

I find it stupid to believe that mtgox, a trader this big will got bust just like that.

It would be like Apple going broke next week. I just refuse to believe.
ShroomsKit
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February 16, 2014, 11:43:53 AM
 #89698

There must be many Gox sellers reading this forum. Can at least one of you explain to us why you are selling at these prices?
ThatBitcoinGuy
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February 16, 2014, 11:44:37 AM
 #89699

Gox's API just went into Cecil Turtle mode again on Bitcoinwisdom...

EDIT:  Oops-- back to normal again.
creekbore
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February 16, 2014, 11:45:53 AM
 #89700

lol @ anyone thinking the Gox staff is going to "cut and run". Have people become that stupid? I guess the current price is a reflection of massive herd mentality and stupidity. Oh well, more profit for me.

It's not the staff who are the problem, rather the management.

Stranger things have happened in the 'real' world, so I don't know why anyone is making such determinisms about crypto where anything can happen.
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