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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485064 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.)
KeyserSoze
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February 26, 2014, 06:29:00 PM
 #97961

Gox Gox
can somebody explain me why in hell so many ppl kept their coins there after march 2013?
old accounts created back when all you needed was an anonymous throw away email account to sign up...can't really do that anymore

Ah.
Is that the reason why so many people are so anxious to save MtGOX, even with a radical haircut on their balances, rather than liquidating it?

This video with Andreas Antonopoulos and Stefan Molyneux goes into the Bitcoin community's attachment to Gox.
https://www.youtube.com/watch?v=wzwWIDIVSTo
mmitech
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things you own end up owning you


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February 26, 2014, 06:30:24 PM
 #97962

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)

ardana123
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February 26, 2014, 06:32:56 PM
 #97963

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)



Got it too. MTGox email db was compromised or something?
600watt
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February 26, 2014, 06:33:24 PM
 #97964



since when is getting rich not a cult ?
kkaspar
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February 26, 2014, 06:33:34 PM
 #97965

Ofcourse the usercount is going to become more stable in future, at some point the market is going to become saturated and the amount of new users getting into bitcoin each day will start to decrease until we reach a stable base. The usercount can't increase linearly or exponentially forever, I'm sure you would have to agree with that as well. So the increase in usercount will slow down as well as the amount of new coins and thus we are going to reach a state of equilibrium eventually. It's just a matter of time.

I don't see it like that.
The nature of bitcoin itself keeps any stability from forming when taking into account the price and the amount of users. The main thing (almost the only thing) that attracts people to bitcoin, are promises, that if they buy now, then they can sell later with a lot higher price. That creates this situation where stability is impossible because as soon as the situation becomes stable, then people won't get what they came for and they will start selling/leaving.
Bitcoin has to be either on a rise or dropping, there is no stable middle ground.
The fundamental flaw here is that a currency shouldn't be attractive as an speculative investment. It ruins the stability, and stability is the main quality of an good currency. A currency should be unattractive as an investment, so it will only be used to transfer wealth and not be considered as a source of wealth by itself.
jojo69
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February 26, 2014, 06:35:14 PM
 #97966

DODGY AS FUCK!
kkaspar
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February 26, 2014, 06:35:46 PM
 #97967


Bitcoin is an investment that is surrounded by cult behavior, would be my answer to that question.
yrtrnc
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February 26, 2014, 06:36:02 PM
 #97968

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)



Got it too. MTGox email db was compromised or something?

SCAM
Walsoraj
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Ultranode


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February 26, 2014, 06:36:12 PM
 #97969

Next announcement:

Our database, which included everybody's login/pass and ID docs, has been compromised. I didn't sell this information, seriously. Sorry, again. -Mark
CoinDox
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February 26, 2014, 06:37:49 PM
 #97970

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)



Got it too. MTGox email db was compromised or something?

SCAM

Oh jesus, if this proves true... Prepare our anus
cbutters
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February 26, 2014, 06:38:31 PM
 #97971

Next announcement:

Our database, which included everybody's login/pass and ID docs, has been compromised. I didn't sell this information, seriously. Sorry, again. -Mark
Really regretting ever opening an account there... even though I never traded there.
bassclef
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February 26, 2014, 06:38:50 PM
 #97972

User count is going to stabilize at some point, and will become lower than the actual BTC inflation rate. I see no reason why that wouldn't lead to price stability (not in USD terms perhaps but that's because USD is actually not stable at all).

It's hard to believe that the usercount will stop and stay stable. In my idea, it will more probably either increase or decrease.
But what remains the same is that the inflow of new coins will slow down and get more expensive.
All of it combined will keep bitcoin far away from stability.

Good news for day traders.

Yeah, exactly! Most of the people are here because they are interested in buying low and selling high, so they can make a easy buck. People aren't here because bitcoin is a practical currency for everyday use. It's all good fun, but bitcoin can't become a serious financial tool because of that.
But, I think that the idea of open sourced and transparent monetary system, that is supported by the internet, is very important and it is the future. Bitcoin is just financially too simplistic to do the job. Something more complex has to be made to create a practical currency, that follows the same open source rules of transparency.

2013 called, he wants his "bitcoin will never be a serious currency" argument back. Markets need buyers and sellers. Price discovery, liquidity, market makers, all that. We're still in a volatile pre-IPO-like phase, one that is traditionally not available to regular investors. I'm thinking longer term.
600watt
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February 26, 2014, 06:39:03 PM
 #97973

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)




in the german forum they say it is a scam, do not open attachment.


Ich bin gegen 22Uhr daheim und kann dann bild reinstellen.
Enail kam von info@mtgox.com und der link zum pdf verwaist auf http://deseobc.com/style/imports/mtgox/?PaperMtgox.pdf

@Edit: kann das einer von euch mal prüfen ? Bin aktuell noch mobil unterwegs
Habs gezogen. Der DL-Link liefert ein .rar-Archiv aus, entpackt man dies, ist dort (ein) Standard-Windows-Malware(-Dropper) drin.
Die entpackte Malware-Datei ist im .scr-Format, also diesem binären Windows Bildschirmschonerformat zur Verschleierung ihrer Ausführbarkeit. Naja, auch schon 100 Jahre alt der Trick.

Die Malware ist nicht mal richtig gecrypted und wird sogar von Anti-Virus-Software erkannt. Siehe, folgende Analyse zum Download:
https://www.virustotal.com/de/file/da830f7ac2455295e0c8aa11f3a3092989c3e4b887f0fcffd510fc783771ab13/analysis/

Standard, lamer Kram.
Mythul
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February 26, 2014, 06:40:31 PM
 #97974

Bitcoin is a cult. Confirmed.
mmitech
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things you own end up owning you


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February 26, 2014, 06:41:36 PM
 #97975

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)




in the german forum they say it is a scam, do not open attachment.


Ich bin gegen 22Uhr daheim und kann dann bild reinstellen.
Enail kam von info@mtgox.com und der link zum pdf verwaist auf http://deseobc.com/style/imports/mtgox/?PaperMtgox.pdf

@Edit: kann das einer von euch mal prüfen ? Bin aktuell noch mobil unterwegs
Habs gezogen. Der DL-Link liefert ein .rar-Archiv aus, entpackt man dies, ist dort (ein) Standard-Windows-Malware(-Dropper) drin.
Die entpackte Malware-Datei ist im .scr-Format, also diesem binären Windows Bildschirmschonerformat zur Verschleierung ihrer Ausführbarkeit. Naja, auch schon 100 Jahre alt der Trick.

Die Malware ist nicht mal richtig gecrypted und wird sogar von Anti-Virus-Software erkannt. Siehe, folgende Analyse zum Download:
https://www.virustotal.com/de/file/da830f7ac2455295e0c8aa11f3a3092989c3e4b887f0fcffd510fc783771ab13/analysis/

Standard, lamer Kram.

I knew it, am I the only one who got this ? how many of you out there who got the same e-mail ?
dewdeded
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February 26, 2014, 06:41:41 PM
 #97976

It IS 100% Windows malware, that's a fact. No speculation or assumption.
knarzo
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February 26, 2014, 06:41:54 PM
 #97977


lol Cheesy

Quote
Bitcoin – the online currency used to buy Alpaca wool socks and illegal drugs whose value dropped from $17.50 to “pennies” after a June 19 hack into its currency exchanger, Mt.Gox –has gotten plenty of media attention

http://www.forbes.com/sites/petercohan/2011/06/28/can-bitcoin-survive-is-it-legal/
Dragonkiller
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Super Smash Bros. Ultimate Available Now!


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February 26, 2014, 06:41:58 PM
 #97978

There's $23m+ on stamp's order book. where did that come from? i find it hard to believe all the people that got goxed that want to buy coins again sent their fiat to stamp so quickly.
bassclef
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February 26, 2014, 06:42:09 PM
 #97979

Bitcoin is a cult. Confirmed.

This user is currently ignored.

Confirmed.
keithers
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February 26, 2014, 06:43:04 PM
 #97980

I dont know if anyone of you got this, and I dont know if this is legit ( I didnt open the attachment yet)



Got it too. MTGox email db was compromised or something?

SCAM

Oh jesus, if this proves true... Prepare our anus

Scam....do not open attachment.  My buddy received that email and has never even had a Gox account...
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