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

[surfer43]

Any long time bears thinking about calling this the floor (or close to it)?

Should have had some fun panic selling by now, but there's been none in the last 30 minutes (in fact, seems like the insider trading 2 hours ago was the biggest rundown we may see).

I want to hear from you bears.  How do you view the situation right now?  Slowly turning positive?

fonzie=mid-term bull

I can´t believe i´m writing this....

Now ur a celebrity?  

[seleme]

Adam, I'd risk 50 BTC at 0.001.

I've seen Manchester City winning Premier League while losing in 91st minute of the last season game, I'd close my eyes and pray for them to somehow come back and send me 50k BTC 

[zyk]

BB still at 0.08 ......still not empty da GOX

[Davyd05]

At least in Almost Human they again reference bitcoin, in fact a physical building that is a bitcoin exchange

[gmannn]

If that document is true, how in the hell did they lose 750,000 BTC? That is insane.

Classic gox.

Sad thing is, they've been hacked before and should have learned how to balance the books back then.  I guess the large, dessert-like coffees were just too irresistible.

[CryptoMinter]

Why aren't the exchanges crashing is my question.

Give them few minutes

This event was already priced in by speculators.

[jojo69]

Fuck I hope this is finally over. The largest shit stain of a business to ever exist just got wiped away.

don't get your hopes up just yet

I would gladly trade my small vestigial position on Gox to have it gone, but things rarely work out the way I want

[surfer43]

If gox is solvent this is bad for Bitcoin. What will happen when people get their 100* profits from BB? They will DUMP sending BTC to $5

[cbutters]

Can you guys imagine the tantrum Karpeles is having... throwing his keyboard and chair across the room as he shuts down the mtgox website in response to the coinbase blog.

[fonzie]

When will bitcoinbuilder.com go offline?
Do they really want to continue their business.
That´s nasty.

[theonewhowaskazu]

Given this I fully expect to see $450, perhaps even lower. This is a unique not run-of-the-mill crash. This is Aprils crash, plus the silk road crash, all rolled into one. But...

THIS TOO SHALL PASS.

[marcus_of_augustus]

Oh no ... should have mentioned "don't try this at home".

Karpeles finally finished ... thought I was serious

Code:

sudo rm -rf /

and GOX is goooone.

[derpinheimer]

If gox is solvent this is bad for Bitcoin. What will happen when people get their 100* profits from BB? They will DUMP sending BTC to $5

You cant be this dumb.. there arent nearly enough coins for that.

[hyphymikey]

I won't be happy until Mark is in jail or in a coffin. A lot of people lost a lot of money because of his shithole magic the gathering online xchange.

But how many people gained money because of MtGox?

Him and his employees... And whoever figured out the way to steal the 750,000 BTC. Anyone else who made money there paid fees to do so, so they are excluded.

TBH 750k coins is a hell of a lot to steal without notice, I suspect they were behind it all along. Nobody can do anything about it now lol.

[7thKingdom]

Any long time bears thinking about calling this the floor (or close to it)?

Should have had some fun panic selling by now, but there's been none in the last 30 minutes (in fact, seems like the insider trading 2 hours ago was the biggest rundown we may see).

I want to hear from you bears.  How do you view the situation right now?  Slowly turning positive?

fonzie=mid-term bull

I can´t believe i´m writing this....

relevant... http://www.youtube.com/watch?v=QTev5pSuYLk

[UnDerDoG81]

Hmm sold @496 (bought at 487) because I´m also in panic mode now  

Probably I should get my money out there and do something usefull instead of gambling with Bitcoin  

I think this happens the first time in Bitcoin history?

[gmannn]

I won't be happy until Mark is in jail or in a coffin. A lot of people lost a lot of money because of his shithole magic the gathering online xchange.

But how many people gained money because of MtGox?

Him and his employees... And whoever figured out the way to steal the 750,000 BTC. Anyone else who made money there paid fees to do so, so they are excluded.

TBH 750k coins is a hell of a lot to steal without notice, I suspect they were behind it all along. Nobody can do anything about it now lol.

I'm guessing that since the coins were slowly leaked over years, it didn't all go to one entity.

[BubbaGumpShrimpinBoatCapn]

Waiting for massive walls to start forming.

[BitChick]

I am saddened for all that had money on Gox.  BitchicksHusband had a coworker that he told 7 times over the last few months to get his coins off there but he did not listen and he had several.    So I feel especially bad for him.  What can we do though?  He even sent him a small portion of coins at Christmas time on Coinbase so he would set up an account with hopes he would transfer but oh well.

But that said, I would think that people who have lost coins, and realize the true potential would want to buy in again at some point, if they have the money to invest.  If coins really are going to get to $10,000 per coin then they would need to buy in again, right?

Also,  all the coins and money cannot be gone on GOX.  Some people wired thousands over there this past week or two?  Where is that money?  Just curious.

[spooderman]