UnDerDoG81
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Activity: 2179
Merit: 1201
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February 25, 2014, 04:27:03 PM |
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If I would´ve bought at low 400´s, I would sell now. So I think we will see sub 500 again. At least I hope  |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Speedie
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February 25, 2014, 04:33:16 PM |
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This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally.  |
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Davyd05
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February 25, 2014, 04:34:34 PM |
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Hearing rumors that gox has been bought out, can't confirm.
Well the rummors were in their html:  acq = acquisition who would want to buy that crap.. i dont know I hate to fuel rumors, but this is the speculation forum. Pure speculation, but in a logical world, the ONLY buyer would be someone whose reputation could dramatically overwhelm that of Gox. this organization would suddenly benefit from hundreds of thousands (or whatever) of verified bitcoin accounts. An existing bitcoin player would seem undercapitalized. It would have to be a financial services company. But it all depends on how much Gox is under-capitalized. Repairing a couple million dollar shortfall would be nothing to a large company -- in fact it could result in a massive profit if they've been buying Gox coins at the discount. This would explain the activity on Gox and bitcoinbuilder -- it might be illegal and unethical for Gox to buy their own coins for 100 bucks, but I think that it would not be for agent X who (for example) buys 90% of the Gox coins trading at 5-20% of other exchanges, then turns around and buys the company for keep-me-out-of-jail prices. I keep bringing this up.. YOU CAN'T BUY COINS THAT DON'T EXIST, If the balance in an account is but a mere placeholder no one has really bought any coins.. just the statement that says the would've if they existed I however subscribe to a world where they didn't lose nearly 10% of the markets coins by ignorant and negligent. However not going to be surprised if we get goxxed. |
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soullyG
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February 25, 2014, 04:36:39 PM |
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The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail. Urgh, featuring such idiocy as this, in response to the question "why is bitcoin worth less than real estate, gold or bullets": Because it is easier to flood the market with bitcoin. AND it is easier to counterfeit. You're welcome.  |
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wobber
Legendary
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Activity: 1064
Merit: 1001
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February 25, 2014, 04:37:08 PM |
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This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally. Large rally while we're on a stong downtrend? How? |
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Davyd05
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February 25, 2014, 04:38:14 PM |
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This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally. Large rally while we're on a stong downtrend? How? trend reversal due to no more worries about being goxxed. But alas that doesn't seem likely |
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Dragonkiller
Sr. Member
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Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 25, 2014, 04:39:58 PM |
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This is interesting to me, the divergence between price highs (descending) and MACD highs (ascending) on the 4H chart continues to build. Any other TA guys notice this and wonder how it might play out in the face of the continued Gox BS? Normally it would suggest a strong chance of a large rally. Large rally while we're on a stong downtrend? How? trend reversal due to no more worries about being goxxed. But alas that doesn't seem likely how can we be goxed any further? market assumes the worst now, anything they say (e.g. being acquired) now would be seen as a positive. |
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kkaspar
Full Member
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Activity: 140
Merit: 100
banned but not broken
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February 25, 2014, 04:40:16 PM |
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It's funny how Karpeles sees the bitcoin community as a mindless flock of emus. You can take their money and use it for your personal risky investments, and then, all you have to do is create a new exchange and say sorry and promise to pay everything back when you can. And.. everything goes smoothly, because emus tend to hide their heads in the sand and hope that no action needs to be taken and the free market will eventually sort everything out. I think that bitcoin is heaven for those who lack ethics or morals. |
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mobile
Sr. Member
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Activity: 400
Merit: 250
the sun is shining, but the ice is still slippery
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February 25, 2014, 04:44:55 PM |
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The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail. Sad but true. "Haters gonna hate" |
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Solarstorm75
Member
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Activity: 70
Merit: 10
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February 25, 2014, 04:45:16 PM |
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how can we be goxed any further? market assumes the worst now, anything they say (e.g. being acquired) now would be seen as a positive.
"We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." Okay, there has been one worst case left: Bitcoin itself is broken. That would be a turning point for the business. |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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February 25, 2014, 04:45:26 PM |
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It's funny how Karpeles sees the bitcoin community as a mindless flock of emus. You can take their money and use it for your personal risky investments, and then, all you have to do is create a new exchange and say sorry and promise to pay everything back when you can. And.. everything goes smoothly, because emus tend to hide their heads in the sand and hope that no action needs to be taken and the free market will eventually sort everything out. I think that bitcoin is heaven for those who lack ethics or morals. He is selling out, that's how I see this. Buying Gox.com domain is adding a bit of rebranding for the buyer. |
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meanig
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February 25, 2014, 04:46:47 PM |
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The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail. Jeez, I can't believe people think this will actually kill Bitcoin. Have they not learned anything from the last 3 years. |
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kkaspar
Full Member
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Activity: 140
Merit: 100
banned but not broken
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February 25, 2014, 04:47:08 PM |
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I think that it could actually be a nice idea that rpietila is going for. Sadly I think that his personality will get in the way of that idea. |
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magicmexican
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February 25, 2014, 04:47:23 PM |
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last hours increased the gox's chances to repay by 5%~ according to the market
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kurious
Legendary
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Activity: 2590
Merit: 1643
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February 25, 2014, 04:47:43 PM |
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"We should have an official announcement ready soon-ish...."
Well...!
I suspect it's not 'we' - it's 'them' so MK can't say anything. Realistically, it ain't over til the fat man walks, in my book, so if it is 'we' he would be still involved and I can't see anyone buying in wanting that.
That said, I do think credible investors buying out the brand is the only way out - they will claim to be heroes, of course.
What we need to know is 'how' insolvent is Gox.
If it's 750,000 BTC down - they buy name only and no-one gets paid ANYTHING.
I don't think it can be THAT bad, that is a phenomenal amount - I doubt it's that high.
Nonetheless, everyone getting their money back is nowhere near certain.
We watch and wait.
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empowering
Legendary
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Activity: 1078
Merit: 1441
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February 25, 2014, 04:48:01 PM |
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It's funny how Karpeles sees the bitcoin community as a mindless flock of emus. You can take their money and use it for your personal risky investments, and then, all you have to do is create a new exchange and say sorry and promise to pay everything back when you can. And.. everything goes smoothly, because emus tend to hide their heads in the sand and hope that no action needs to be taken and the free market will eventually sort everything out. I think that bitcoin is heaven for those who lack ethics or morals. He is selling out, that's how I see this. Buying Gox.com domain is adding a bit of rebranding for the buyer. I think he probably sold out a while ago... wink wink nudge nudge |
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 25, 2014, 04:48:05 PM |
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how can we be goxed any further? market assumes the worst now, anything they say (e.g. being acquired) now would be seen as a positive.
"We should have an official announcement ready soon-ish. We are currently at a turning point for the business. I can't tell much more for now as this also involves other parties." Okay, there has been one worst case left: Bitcoin itself is broken. That would be a turning point for the business. At this point, I'm pretty sure the report is real and they have probably been acquired |
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