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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26407876 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.)
UnDerDoG81
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February 25, 2014, 03:23:07 AM
 #96141

WTF everybody is in panic mode. The end of gox does not mean the end of stamp. Im almost full Fiat in BTC now and think we will see 4 digits without gox too... just relax...
KeyserSoze
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February 25, 2014, 03:23:12 AM
 #96142

this is the best show on the internet
hands down

I wonder if Coinbase put this article up about "weeding out bad actors" because windjc just took his toys and left this thread?
7thKingdom
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February 25, 2014, 03:23:15 AM
 #96143

blockchain.info just removed the word insolvent now too.  Bunch of teases
mestar
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February 25, 2014, 03:23:29 AM
 #96144

Gox still relying on blockchain for that temp fix (whatever it was they did)?  Cause blockchain is currently down for maintenance.  Would explain the stoppage on gox.

How the fuck...

:-O

...can the blockchain be down?



blockchain.info

the site not the actual blockchain


I guess it would be funny if there is an actual Picard picture.
HairyMaclairy
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February 25, 2014, 03:23:56 AM
 #96145

Coinbase Bought Gox and are going to cover all Gox costumer accounts! that's really great news,

Not in the statement. You have other news?

Bull FUD.
spooderman
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February 25, 2014, 03:23:58 AM
 #96146

wow. major shit. since april 2013, no one should have continued to use gox. I am heartbroken for you if you did and (against all good reason) had the majority of your btc stored there. That is not to say they are insolvent, but it is starting to look quite probable now.

My friend did this, and against my advice left his btc in gox. In August his account was drained. He only had 1 factor auth, and they took all 100 of them. I am beginning to suspect foul play on the part of gox.
pungopete468
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February 25, 2014, 03:24:04 AM
 #96147

derpinheimer
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February 25, 2014, 03:24:27 AM
 #96148

blockchain.info just removed the word insolvent now too.  Bunch of teases

Correct, still remains on "circle"
jojo69
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February 25, 2014, 03:24:41 AM
 #96149

blockchain.info just removed the word insolvent now too.  Bunch of teases

Mark's lawyers quick on the trigger?
KeyserSoze
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February 25, 2014, 03:24:52 AM
 #96150

EVERYONE... they just changed it from "Joint statement regarding mtgox insolvency" to "Joint statement regarding mtgox"
anybody have a screencap of the original?

I like how they talk about how professional they are and then release a blog post to the world how Gox is insolvent, either without actually knowing or ahead of schedule perhaps.
HairyMaclairy
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February 25, 2014, 03:25:29 AM
 #96151

Bit coin builder 0.112
JorgeStolfi
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February 25, 2014, 03:25:36 AM
 #96152

Hey,
thanks Charlie Shrem, thanks andreas antonopoulos for assuring everyone that Gox will be ok, lol. [ ... ]
Outstanding work Bitcoin community

confirmed
adamstgBit
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February 25, 2014, 03:25:45 AM
 #96153

Gox server down


its not down

but they appear to have delete all there pages

https://www.mtgox.com/login/
Quote
The requested page was not found on this server
gmannn
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February 25, 2014, 03:25:50 AM
 #96154

The incompetency is criminal.  Financial services are held to a higher level of accounting, and to be drained clean before finding out assets are gone should never happen.  Checking and auditing BTC balances is one of the easiest and most transparent feature of bitcoin itself.

Karpeles and his accomplices should be getting what they deserve.
marcus_of_augustus
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Eadem mutata resurgo


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February 25, 2014, 03:26:16 AM
 #96155

GOXXXXXXXXXXXXXXXED!

... you idiots fall for this crap every time guys. Stay away from the exchanges, they are the old new.
surfer43
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February 25, 2014, 03:27:05 AM
 #96156



Fixed That For Them.

So funny I'm not even laughing  Smiley
Vigil
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February 25, 2014, 03:27:27 AM
 #96157

I lost my investment of $620 made before the run-up back in Nov. The coins I got from that were on Gox.
surfer43
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February 25, 2014, 03:29:00 AM
 #96158

Holy f**k  Shocked
I told you guys the twitter thing was the beginning of the end

Gox twitter account just deleted all of their tweets  Wink

https://twitter.com/MtGox
This is the first serious indication there is foul play going on... (not saying there is any, it's just strange...)
FullLife
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February 25, 2014, 03:29:28 AM
 #96159

I'm still not convinced.  I need to see hard proof, not some blog post.
7thKingdom
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February 25, 2014, 03:29:31 AM
 #96160

Yes can we please talk about flash crashes. I want to hear more from those with experience.

Bitstamp (Starts at CST 20:00)

Price($USD)    527.44          505(-4.3%)   483(-4.4%)       504(+4.3%)        520.91(+3.3%)    472.8 (-9.3%)
Time(m)                0            20                      31                     40                  60                 78

980 coins sold at minute 27. Anyone care to weigh in here?

God I love flash crashes and bounce backs.  Ridiculously easy 5-10% ROI everytime.

Not much to say.  If you happen to be paying attention at the right time, you can "feel" them building up.  The fud kicks up, posting picks up, the IRC chat starts getting more and more interesting.  People start posting updates here and on reddit lighting fast, etc.

It's all about paying attention, because you can see the panic building up as someone sets up a mass dump.  The dump comes, thousands of coins hit the market in chunks of hundreds in a matter of 10-30 minutes, with smaller players following along.  Then it quickly reverses direction when people realize they might have acted a little early, and it all gets quickly bought back up to where it was before (or close to it) because there's been no time for the selling pressure to build up behind the crash.

It's very easy to see coming and profit off of, it's just a matter of being around paying attention when it happens and being ready to sit tight for an hour and act quick.  Cause neither the dip or quick rise back up will last very long.
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