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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 26388924 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.)
magicmexican
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February 25, 2014, 12:41:39 PM
 #96921

this fakebook page is fake as hell but whats the point?
bitcoinvest
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February 25, 2014, 12:43:14 PM
 #96922

i think all of us want to read a statement about what happened that's what all of the gox users search this time on the net....

we found it we post it that's the point
Mythul
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February 25, 2014, 12:44:13 PM
 #96923

That post is as fake as my $10 Dolce & Gabbana watch. Shipping included.
bitcoinvest
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February 25, 2014, 12:45:09 PM
 #96924

that's the first post made me laugh!!! thanks Smiley
bitcoinvest
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February 25, 2014, 12:47:06 PM
 #96925

after all those we have read does anyone have a statement or something not rumoured but real?

any live coverage from Tokyo or something?
Davyd05
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February 25, 2014, 12:48:45 PM
 #96926

http://www.reddit.com/r/Bitcoin/comments/1yvy2t/gox_has_announced_acquisition_statement_tomorrow/cfo862t

13:35 < Mantrid> Gox.com
13:35 < Mantrid> 5 minutes ago
13:35 < Mantrid> We are in a process of being acquired, at the current time I am not
                 in the position to give you further information. I can only reassure
                 you, that your funds are securely kept in our cold storage.
13:35 < Mantrid> An official statement is to be released tomorrow.

anyone in the #mtgox-chat ?

I am so lost as to how GOX HASN'T SAID ANYTHING ( in official channels) THE FUCK is wrong with their management.

Did the Japanese make the hari kari themselves?
electronistul
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February 25, 2014, 12:49:37 PM
 #96927

"Dear MtGox Customer,

Thank you for you continued faith in us and our service [chuckles], we are working hard [sips more frappucino] to bring back to you the world's most [backspace .... Ctrl+C, Ctrl+V] biggest bitcoin exchange. As you might have noticed, we lost some of your coins and fiat [long look at the USB thumbdrive], but we are being bought by some veeery rich people who don't mind me buying a frakin' island [backspace] ... hmmm"

[thinks  Roll Eyes : ah, f#c& that, that's it, I'm outa here]
soundtrack: Pharell Williams: Happy
UnDerDoG81
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February 25, 2014, 12:49:52 PM
 #96928

Yesterday came a very positive documentation about Bitcoin on one of the most watched german TV channels at almost prime time @7:30pm

http://www.prosieben.de/tv/galileo/videos/652-die-suche-nach-dem-bitcoin-millionaer-clip

People on german forum say that Bitcoin.de climbed 40€ above all other markets after this short clip was shown. Hope good times are coming  Smiley
JCviggen
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February 25, 2014, 12:50:20 PM
 #96929

Everybody is waiting for *anything* coming straight from MK or Gox at this point, but in our desperation for information we shouldn't run to any old garbage for speculation. Both the BS "leak" and slightly over-conspicuous redundant HTML comment are insufficient to form any solid hypothesis. None of it makes sense right now.
TERA
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February 25, 2014, 12:52:07 PM
 #96930

http://www.reddit.com/r/Bitcoin/comments/1yvy2t/gox_has_announced_acquisition_statement_tomorrow/cfo862t

13:35 < Mantrid> Gox.com
13:35 < Mantrid> 5 minutes ago
13:35 < Mantrid> We are in a process of being acquired, at the current time I am not
                 in the position to give you further information. I can only reassure
                 you, that your funds are securely kept in our cold storage.
13:35 < Mantrid> An official statement is to be released tomorrow.

anyone in the #mtgox-chat ?

I am so lost as to how GOX HASN'T SAID ANYTHING ( in official channels) THE FUCK is wrong with their management.

Did the Japanese make the hari kari themselves?
Who is Mantrid? He's not an OP in irc.
DougTanner
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February 25, 2014, 12:56:36 PM
 #96931

Everybody is waiting for *anything* coming straight from MK or Gox at this point, but in our desperation for information we shouldn't run to any old garbage for speculation. Both the BS "leak" and slightly over-conspicuous redundant HTML comment are insufficient to form any solid hypothesis. None of it makes sense right now.

Exactly, there's just no information at all out there. I'm totally confused right now, why the hell don't they release a statement already, ugh.
Davyd05
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February 25, 2014, 12:57:36 PM
 #96932

http://www.reddit.com/r/Bitcoin/comments/1yvy2t/gox_has_announced_acquisition_statement_tomorrow/cfo862t

13:35 < Mantrid> Gox.com
13:35 < Mantrid> 5 minutes ago
13:35 < Mantrid> We are in a process of being acquired, at the current time I am not
                 in the position to give you further information. I can only reassure
                 you, that your funds are securely kept in our cold storage.
13:35 < Mantrid> An official statement is to be released tomorrow.

anyone in the #mtgox-chat ?

I am so lost as to how GOX HASN'T SAID ANYTHING ( in official channels) THE FUCK is wrong with their management.

Did the Japanese make the hari kari themselves?
Who is Mantrid? He's not an OP in irc.

as I re-read it looks like he's relying whatever was hosted on the gox.com which could have been  hijacked in theory and or is really where they plan to move to. The thing is if this is just a social engineering ploy it would make sense that the scribd doc + gox.com would have something of this relation going up to further it... but if that scribd document is the quality of work Gox put out on a regular basis it is no surprise that they're a huge failure.  That thing would not get a D minus on a good day. Being an international company means you can't put out fucking shit releases like that ...whiie making millions in exchange fees. Have some standards.
FNG
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February 25, 2014, 12:58:58 PM
 #96933

Everybody is waiting for *anything* coming straight from MK or Gox at this point, but in our desperation for information we shouldn't run to any old garbage for speculation. Both the BS "leak" and slightly over-conspicuous redundant HTML comment are insufficient to form any solid hypothesis. None of it makes sense right now.

Exactly, there's just no information at all out there. I'm totally confused right now, why the hell don't they release a statement already, ugh.
a big buyer(s) told them to shut they're mouth while they grab all they can  Huh
magicmexican
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February 25, 2014, 12:59:06 PM
 #96934

http://www.reddit.com/r/Bitcoin/comments/1yvy2t/gox_has_announced_acquisition_statement_tomorrow/cfo862t

13:35 < Mantrid> Gox.com
13:35 < Mantrid> 5 minutes ago
13:35 < Mantrid> We are in a process of being acquired, at the current time I am not
                 in the position to give you further information. I can only reassure
                 you, that your funds are securely kept in our cold storage.
13:35 < Mantrid> An official statement is to be released tomorrow.

anyone in the #mtgox-chat ?

I am so lost as to how GOX HASN'T SAID ANYTHING ( in official channels) THE FUCK is wrong with their management.

Did the Japanese make the hari kari themselves?
Who is Mantrid? He's not an OP in irc.

as I re-read it looks like he's relying whatever was hosted on the gox.com which could have been  hijacked in theory and or is really where they plan to move to. The thing is if this is just a social engineering ploy it would make sense that the scribd doc + gox.com would have something of this relation going up to further it... but if that scribd document is the quality of work Gox put out on a regular basis it is no surprise that they're a huge failure.  That thing would not get a D minus on a good day. Being an international company means you can't put out fucking shit releases like that ...whiie making millions in exchange fees. Have some standards.

Its just a paste from that 99%fake facebook being reposted @irc
ShroomsKit
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February 25, 2014, 01:00:25 PM
 #96935

The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.

The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.  

We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.

Source?

Shroomskit, I've been noticing you over the past couple of days and you're like a chicken with it's head removed.
If you are unable to form an opinion of your own, it might be in your best interest to stop trading and decide once and for all:

HODL or SODL...

I don't trade you idiot. I just find it interesting how all these people seem to exactly know what's gonna happen in the future. And welcome to my ignore list.
JorgeStolfi
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February 25, 2014, 01:01:16 PM
 #96936

Three ways MtGOX could have lost most of their clients' coins:

1. MtGOX's CEO thought that it was stupid to keep 500 kBTC locked in cold wallets without generating any revenue.  So he sold most of those coins off-market and invested the money into stocks or whatever, minus a small reserve to honor BTC withdrawals; confident that if he needed more, he could just sell the stock and buy back the coins.  But that was when 1 BTC was 100 USD.  After the price exploded and finally settled at 800 USD, even selling all the stock he could buy back only 1/8 of his clients' coins.

2. MtGOX was actually a bitcoin ponzi.  They kept the price 10% above market so new investors would bring in mostly BTC in (rather than USD).  A MtGOX agent would buy those real BTCs for (say) 110 virtual goxUSD, then sell the BTCs at other exchanges for 100 real USD.  MtGOX used some of that money to execute USD withdrawals, and pocketed the rest.  Like any ponzi, the method worked as long as they had lots of investors coming in and few USD withdrawals.  The ponzi unraveled when that situation got reversed, and/or when MtGOX bought thousands of BTC from new investors at over 1000 USD and the price crashed before they could sell them.

3. MtGOX accidentally deleted the private keys to some or all of their cold wallets.

I find it hard to believe that a significant number of coins could have been stolen by hacker exploiting the malleability bug, oer six months, with clients complaining loudly all the time, without MtGOX realizing it. I find it easier to believe that MtGOX put or failed to fix that bug on purpose, because it gave them an excuse to stall BTC withdrawals. (The image of Jerry Lundegaard in /Fargo/, trying to fool the bank auditor with illegible faxes, keeps coming to my mind.) I find it also easy to believe that MtGOX and acomplices friends are now trying to spread that "hacker stole it all" story in order to avoid an investigation of MtGOX that could result in criminal charges.

I have seen reasoned estimates that put MtGOX's debt to their clients (the sum of the balances in all their accounts) at 1 billion dollars or more.  Even if they lost only a fraction of that...
TERA
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February 25, 2014, 01:01:26 PM
 #96937

The facebook page is 55 minutes old.
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February 25, 2014, 01:01:44 PM
 #96938

http://www.reddit.com/r/Bitcoin/comments/1yvy2t/gox_has_announced_acquisition_statement_tomorrow/cfo862t

13:35 < Mantrid> Gox.com
13:35 < Mantrid> 5 minutes ago
13:35 < Mantrid> We are in a process of being acquired, at the current time I am not
                 in the position to give you further information. I can only reassure
                 you, that your funds are securely kept in our cold storage.
13:35 < Mantrid> An official statement is to be released tomorrow.

anyone in the #mtgox-chat ?

I am so lost as to how GOX HASN'T SAID ANYTHING ( in official channels) THE FUCK is wrong with their management.

Did the Japanese make the hari kari themselves?
Who is Mantrid? He's not an OP in irc.

as I re-read it looks like he's relying whatever was hosted on the gox.com which could have been  hijacked in theory and or is really where they plan to move to. The thing is if this is just a social engineering ploy it would make sense that the scribd doc + gox.com would have something of this relation going up to further it... but if that scribd document is the quality of work Gox put out on a regular basis it is no surprise that they're a huge failure.  That thing would not get a D minus on a good day. Being an international company means you can't put out fucking shit releases like that ...whiie making millions in exchange fees. Have some standards.

standards?   Grin
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February 25, 2014, 01:02:43 PM
 #96939


Explanation
bitcoinvest
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February 25, 2014, 01:02:50 PM
 #96940

Gox.com
10 minutes ago
What do you think about our logo? In our opinion, the change depicts the fresh start, the new possibilities. With rebranding, we will no longer be just about a Bitcoin market — we have many ideas to deploy on the cryptocurrency landscape. Stay tuned!



The above is their new post on facebook.... it's clear to me at least is fake.....

https://www.facebook.com/goxbitcoin
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