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

[Super T]

Live on sky news now

Sky news story was the expected doom and gloom, half warranted, half not.  The bitcoin lawyer dude was on it, I'll give him 4/10.

Gox story now also incoming on BBC news 24.

Urgh. Not a good day to be long and leveraged in the bitcoin futures market.

[JorgeStolfi]

...and using those to push a trolling/fud-spreading agenda.

Agenda? That's outrageous! Innocent Jorge is here for purely academic reasons, and to post Chinese Slumber Party updates. His negative posts should only be construed as a sign he was severely wedgied by peers in school.

How could you possibly know that?  Were you one of those kids? 

[billyjoeallen]

Andreas Antonopoulos statement:
http://antonopoulos.com/2014/02/25/statement-on-mt-gox/

Everything I see makes me believe that Gox will never recover and that the funds are most likely lost.
Seems pretty bad..

On a good note he apparently worked *with* competitor Coinbase on security/funds review (audit?) measures recently.

What is most concerning to me is that even after all that's happened, MK still has not admitted he has done a single thing wrong. If that is the sort of personality at the center of this mess, then how could someone help him even if they wanted to? He still is apparently trying to manage this situation, which cannot possibly lead to a successful resolution for his customers or the greater community. If Mark is still in charge, that's terribly. If no one is in charge, that's almost as bad. Who's in charge at Gox right now? Is there a single person on the planet who is both capable and willing to take over? If so, who? If not, how can any conclusion be drawn except that all is lost?

How is it possible in the information age for so many with so much on the line to be kept in the dark like this?

My buy orders are at $450 and below until we get some decent intel.

[EatonABooger]

... wedgie image...

Is it me or is Martin enjoying that situation?

lol, maybe. I think he has a perma-smile except when Lisa noted the exact moment his heart broke during Valentine's Day. Martin's always been a little odd.

No, that was Ralf that had his heart broken by Lisa.

[Loozik]

Andreas Antonopoulos statement:
http://antonopoulos.com/2014/02/25/statement-on-mt-gox/

Everything I see makes me believe that Gox will never recover and that the funds are most likely lost.
Seems pretty bad..

I never took this antiGox FUD seriously, but now I am depressed 

[proudhon]

Holy shit, guys!  I know a lot of you are hurting, and I'm sorry.  150+ of my bitcoins are going down with the gox ship, but I can't quite express just how excited I am for the future of bitcoin without MtGox.  It's finally happening.  Good riddance, and fuck you, Gox!

[FierceRadish]

... wedgie image...

Is it me or is Martin enjoying that situation?

lol, maybe. I think he has a perma-smile except when Lisa noted the exact moment his heart broke during Valentine's Day. Martin's always been a little odd.

<off topic geekery>that was Ralph Wiggum</off topic geekery>

[KeyserSoze]

does anyone know how to make the gox api price go up

Yes, I can help you. Please send me 10BTC first.

[adamstgBit]

Holy shit, guys!  I know a lot of you are hurting, and I'm sorry.  150+ of my bitcoins are going down with the gox ship, but I can't quite express just how excited I am for the future of bitcoin without MtGox.  It's finally happening.  Good riddance, and fuck you, Gox!

guess you didnt hear that they were going to try n save it

forever goxxed


update coming soon?

[KeyserSoze]

Agenda? That's outrageous! Innocent Jorge is here for purely academic reasons, and to post Chinese Slumber Party updates. His negative posts should only be construed as a sign he was severely wedgied by peers in school.

How could you possibly know that?  Were you one of those kids? 

Because I post some negative comments as well. I just wish I could stop having noghtmares about those days of yore when I myself was constantly wedgied from the playground monkey bars.

[David M]

I lost 5BTC to the goxxing.  In hindsight they were not BTC at all.  Let's call it $700 for taxing purposes.

It was a spur of the moment punt late last week.

[lebing]

Holy shit, guys!  I know a lot of you are hurting, and I'm sorry.  150+ of my bitcoins are going down with the gox ship, but I can't quite express just how excited I am for the future of bitcoin without MtGox.  It's finally happening.  Good riddance, and fuck you, Gox!

Seriously. I just hope they don't somehow raise from the dead...

[MoreFun]

Holy shit, guys!  I know a lot of you are hurting, and I'm sorry.  150+ of my bitcoins are going down with the gox ship, but I can't quite express just how excited I am for the future of bitcoin without MtGox.  It's finally happening.  Good riddance, and fuck you, Gox!

guess you didnt hear that they were going to try n save it

forever goxxed


update coming soon?

Can't believe they don't say / release anything at all except this one-liner on web page. This is some higher force that mandate what and when to say (xy agency, large corp or smth).

[humanitee]

Holy shit, guys!  I know a lot of you are hurting, and I'm sorry.  150+ of my bitcoins are going down with the gox ship, but I can't quite express just how excited I am for the future of bitcoin without MtGox.  It's finally happening.  Good riddance, and fuck you, Gox!

Seriously. I just hope they don't somehow raise from the dead...

Worst Jesus ever.

[billyjoeallen]

What is most concerning to me is that even after all that's happened, MK still has not admitted he has done a single thing wrong. If that is the sort of personality at the center of this mess, then how could someone help him even if they wanted to?

Sociopath.

Quite possibly. I am not at all optimistic that whatever negotiations are happening are going well. It's like Mark got caught in a pre-flop bluff and is doubling down on the flop, the turn and the river- PLAYING WITH HIS CUSTOMER'S FUNDS! He shouldn't be negotiating at all. He should be groveling at the foot of whoever can save the people who trusted him. If he doesn't, he'll go to jail or get murdered.

There's worse things in life than being a loser, Mark. I'm afraid you are about to find out what those things are.

[Loozik]

In case Gox is broke, is it better to hold fiat or BTC there? What are proc and cons for those two options?

[KeyserSoze]

What is most concerning to me is that even after all that's happened, MK still has not admitted he has done a single thing wrong. If that is the sort of personality at the center of this mess, then how could someone help him even if they wanted to?

Sociopath.

I wonder if he might "opt out" in coming weeks/months. I don't wish it on him of course but computer developers are mostly social misfits, many with emotional issues, and he's going to be receiving verbal (if not other) abuse for the remainder of his life. That's heavy. Once it sinks in, having tons of money may not make a difference.

I wonder if he had some other grand plan that just got surreally derailed. Or perhaps he is one of the best long con operators the world has known; it's just he's been so incompetent that I have to assume even he was actively trying a long con he would just fuck that up as well.

[KeyserSoze]

No, that was Ralf that had his heart broken by Lisa.

Thx, sorry.

[jojo69]

In case Gox is broke, is it better to hold fiat or BTC there? What are proc and cons for those two options?

does it matter? you can't alter your position

[ChrisML]

in coming weeks?

He be dead in the coming weeks. Imagine how many people he fucked. And I bet, some of them are people you really do not want to mess with.