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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26384479 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.)
T.Stuart
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February 16, 2014, 03:53:47 PM
 #89901

I'm pretty out of the loop...What's causing the falling price now, another Mtgox meltdown?


Well Bitcoin actually istn´t worth more than 50 bucks. It was held artificially high all the time, that´s all.
It will now grind slowly down.

F off Fonz!  Smiley
KeyserSoze
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February 16, 2014, 03:54:37 PM
 #89902

Mark is far too busy getting his new identity and fake documents sorted - so that he can start his new life on frappachino island.

Maybe his next venture to help out the Bit-o-sphere is to start a Libertarian paradise called Frappachino Island. No regulations. All trade is in GoxBux and GoxBTC. There will be an obligatory Filipino/French dwarf named Tattoo in white tuxedo to announce arrivals of planes to the island.
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February 16, 2014, 03:55:17 PM
 #89903

Quote from: KeyserSoze
Next week we'll work on "cow." The cow goes mooooooo.

in which language the cow goes mooooo ? English ? hahahahaah

Yes, English (U.S.), sorry. This is actually interesting. Can folks in other countries maybe post what cow sounds are in their language/country. Kinda neat, I think.
How about this, in Finland cow says "Ammuuu". Interesting truly.
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February 16, 2014, 03:55:33 PM
 #89904

So the people selling on Gox are most likely selling out of fear. They think it's going to 100, 10, 1 or zero. Have never been in the choo choo group but now is the time to HODL or even BYU if you have funds on Gox. This is crazy.
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February 16, 2014, 03:56:32 PM
 #89905

Are you feeling bearish or bullish?  Huh I don't know how to feel  Undecided
KeyserSoze
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February 16, 2014, 03:57:00 PM
 #89906

I'm not sure what to make of all the reports of MtGox accounts being hacked, but it's possible MtGox could be experiencing something like the June 2011 HackCrash.

Isn't this the time-honoured tradition of closing a Bitcoin business? Claim a hack and offer apologies that "someone" made off with all assets?
T.Stuart
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February 16, 2014, 03:57:13 PM
 #89907

Are you feeling bearish or bullish?  Huh I don't know how to feel  Undecided

Extremely bullish but not much fiat to back up those sentiments unfortunately.  Undecided
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February 16, 2014, 03:58:18 PM
 #89908

wow wtf 256 GOX   VS  625 STAMPS

the market is saying there is a 245% chance mtgox will implode  Huh
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February 16, 2014, 04:00:07 PM
 #89909

So, I am guessing it's monday in China now.

Monday, we fucking love monday.
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February 16, 2014, 04:00:24 PM
 #89910

wow wtf 256 GOX   VS  625 STAMPS

the market is saying there is a 245% chance mtgox will implode  Huh
You would think it wouldn't have any effect. Aren't goxUSD just as impossible or more impossible to withdraw than goxBTC?  Huh
Irrational market  Roll Eyes
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February 16, 2014, 04:01:24 PM
 #89911

The varying onomatopoeia for animal noises across cultures is very interesting - for example while dogs in English go 'woof', in Korean (IRC) they go 'bow wow'.  The noise for pigs varies quite dramatically too.

Agreed. I wonder if in this case if size has anything to do with it. Dogs go "bow wow" in English in US too but it's usually the small noisy ones. Maybe this is my own bias since mine says "rowlf" when loud outside, and a low "woof" when she is inside saying "hey, i think i heard something..."

Polish dogs go "how how"

Icelandic dogs go 'voff voff'

T.Stuart
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February 16, 2014, 04:01:36 PM
 #89912

wow wtf 256 GOX   VS  625 STAMPS

the market is saying there is a 245% chance mtgox will implode  Huh
You would think it wouldn't have any effect. Aren't goxUSD just as impossible or more impossible to withdraw than goxBTC?  Huh
Irrational market  Roll Eyes

Gox Bitcoin charts should be on a separate site under the title "Gox Shares"

Honestly that's a far more realistic way of putting it.
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February 16, 2014, 04:02:11 PM
 #89913

wow wtf 256 GOX   VS  625 STAMPS

the market is saying there is a 245% chance mtgox will implode  Huh

Though it is hardly the markets choice as the bot selling 300btc every 5-10 minutes has done the majority of the drop. It has been eating through all support and pushing lower and lower for like a week now. It is pretty much the "Kill Bitcoin/MtGox" death bot.
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February 16, 2014, 04:02:49 PM
 #89914


Explanation
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February 16, 2014, 04:04:41 PM
 #89915

wow wtf 256 GOX   VS  625 STAMPS

the market is saying there is a 245% chance mtgox will implode  Huh

Though it is hardly the markets choice as the bot selling 300btc every 5-10 minutes has done the majority of the drop. It has been eating through all support and pushing lower and lower for like a week now. It is pretty much the "Kill Bitcoin/MtGox" death bot.
I'm sure he will find the mtgoxUSD very useful in the coming weeks. Cheesy Cheesy Cheesy
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February 16, 2014, 04:05:31 PM
 #89916

Everybody will agree that the chance of snake eyes at dice is 1/36, for example.  While diferent people will assign different probabilities to "a whale will fall from the sky into the Grand Canyon",  most will pick a very small number.
This recent BBC article may interest you.

'Scientists count whales from space' http://www.bbc.co.uk/news/science-environment-26075274

And I didn't even know that whales came from space.  Wink
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February 16, 2014, 04:05:45 PM
 #89917

So the people selling on Gox are most likely selling out of fear. They think it's going to 100, 10, 1 or zero. Have never been in the choo choo group but now is the time to HODL or even BYU if you have funds on Gox. This is crazy.

I'm hoddling big time. I'd have 24 btc vs the 6 if i didnt buy back in at 200$ premium a few weeks ago - and now lol i can sell at a 400 discount.

amazing.
KeyserSoze
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February 16, 2014, 04:06:38 PM
 #89918

How are you feeling right now? Just out of interest.  Grin

I feel fine. I realized my investment last year. My interest leans more toward the protocol not price, which growth I find fascinating to watch.

I'm in spec thread for entertainment. It also occasionally in the past was good for early trading news. Now things break on Reddit it seems.
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February 16, 2014, 04:06:54 PM
 #89919

Everybody will agree that the chance of snake eyes at dice is 1/36, for example.  While diferent people will assign different probabilities to "a whale will fall from the sky into the Grand Canyon",  most will pick a very small number.
This recent BBC article may interest you.

'Scientists count whales from space' http://www.bbc.co.uk/news/science-environment-26075274

And I didn't even know that whales came from space.  Wink
Depends on whether or not the whale observer is a hitchhiker....

http://www.youtube.com/watch?v=YCsfHVM5x_I
T.Stuart
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February 16, 2014, 04:07:58 PM
 #89920

How are you feeling right now? Just out of interest.  Grin

I feel fine. I realized my investment last year. My interest leans more toward the protocol not price, which growth I find fascinating to watch.

I'm in spec thread for entertainment. It also occasionally in the past was good for early trading news. Now things break on Reddit it seems.

OK. So we can probably keep you out of the emotional turning point equation!  Smiley
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