Ivanhoe
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:10:29 PM |
|
If people without Gox accounts receiving suggests it's not a Gox database hack.
Indeed, i registered at Mt.Gox in 2012 and didn't receive this e-mail.
|
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:12:26 PM |
|
Orly? Tell that to Forex traders who speculate in every single currency in the world.
Can't you understand that trading currencies with one another is different from A currency being a good investment? It would also be ok, if people are buying bitcoin to trade with other cryptos and to make money with trade. But people buying bitcoins are buying to hold and to wait for as long as possible to sell. It would be like someone on forex buys USD or CNY to hold and become rich by holding. Don't try to confuse two totally different things with one another please. People speculate on the BTC/USD pair (or BTC/crypto) just like they speculate on EUR/USD for instance. They all do it to make more money, because that's what speculators do. Now Bitcoin is a very young currency and still in its volatile growth phase, so it makes sense that more people are holding on to their coins for a longer period of time compared to Euros or Dollars for instance. This is going to change eventually as merchant adoption and the userbase grows. It won't be as easy to move the price around as much when BTC is a trillion dollar market.
|
|
|
|
ChrisML
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:13:36 PM |
|
Yahoo finance, what a joke.
|
|
|
|
ardana123
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:17:19 PM |
|
Does anyone have a link to a good ticker which shows an oversight of the orderbook like http://trading.i286.org/ or clarkmoody did with gox, but now with stamp?
|
|
|
|
Bronstad
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 92
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:18:09 PM |
|
The Reformed Broker Josh Brown proves he has no clue.
|
|
|
|
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:20:12 PM |
|
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Well, I hope you are right, I had a large deposit which hit today Bitstamp and I placed all my bids between $520 and $400. Doesn't look too good ATM to be honest, but patience is a virtue. 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.
Well, a little bit of that is mine. I guess that many bitcoiners followed the same line of thought I did: they got all excited by Gox going down, they smelled blood on the streets and they rushed to send as much fiat as possible to the exchanges to buy as many cheap coins as possible... And they failed. At least for now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Mythul
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:21:16 PM |
|
|
|
|
|
bassclef
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:21:28 PM |
|
Jorge, I'll be interested in reading your posts once you start actively using Bitcoin. In my industry, it's like taking a music critic seriously when they've never been to the opera.
|
|
|
|
atleticofa
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:26:41 PM |
|
COME ON PEOPLE!! LET'S SEE THE WORLD THAT BITCOIN IS MORE ALIVE THAN NEVER![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2F7%2F72%2FSurveyor_1_launch.jpg&t=665&c=wfo4U9TQlapSww)
|
|
|
|
Mythul
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:28:31 PM |
|
Man I really love this forum. Is this the most active best forum on the internet ? Am I right guys ? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:28:48 PM |
|
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Well, I hope you are right, I had a large deposit which hit today Bitstamp and I placed all my bids between $520 and $400. Doesn't look too good ATM to be honest, but patience is a virtue. Could take more than a week to see a real pullback. After the price bottomed at $65 in June 2013 it shot up to $100 in 6 days, and another 6 days after that there finally was a pullback where it touched $77 again and then stabilized around $85 before going up further.
|
|
|
|
jojo69
Legendary
Offline
Activity: 3276
Merit: 4522
diamond-handed zealot
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:31:55 PM |
|
Man I really love this forum. Is this the most active best forum on the internet ? Am I right guys ? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) so...uh...you have never seen /b/ have you?
|
|
|
|
Mythul
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:32:51 PM |
|
I think it's time for a new poll....
|
|
|
|
zyk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:33:43 PM |
|
It took me a long time to understand the Gox situation, so I am not surprised to see people here in the same stages I have gone through. You have to understand who Mark Karpeles is. Look at his cat videos. This is a man selling a dead parrot. There is no credible buy-out in the making. There are no coins at Gox. He is still in denial, trying to restart the engines on the Titanic after all the lifeboats have launched. The coins are gone. forever. The magnitude of the loss is hard to fathom, but when it does sink in, the realization of how precious and rare bitcoins are starts to become clear.
Denial is a powerful psychological force. Some things are too awful to contemplate. But who is in denial here, bulls or bears? critics or boosters? This Gox thing has shaken me to the core. We should all question our assumptions. Bears, I don't disrespect you. I just disagree. Bitcoin exhibits anti-fragile characteristics and just experienced a major stress shock and got much much stronger as a result.
OMG still in denial ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Question the fact that there wre 750000 coins sold at Gox down to nearly a 100 bucks , if you have bought them who could have sold them? Cheers
|
|
|
|
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:35:58 PM |
|
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Well, I hope you are right, I had a large deposit which hit today Bitstamp and I placed all my bids between $520 and $400. Doesn't look too good ATM to be honest, but patience is a virtue. Could take more than a week to see a real pullback. After the price bottomed at $65 in June 2013 it shot up to $100 in 6 days, and another 6 days after that there finally was a pullback where it touched $77 again and then stabilized around $85 before going up further. I remember very well. I loaded the truck between $65 and $100, I bought so much that my average buy in skyrocketed from $10ish to $30ish. Good times. Anyhow, I have to admit that at that time I expected the price to revisit the $50s, so I missed the opportunity to buy even more... But I remember those days with joy, I cannot help laughing out loud when I remember the hilarious gifs TheKoziTwo posted while we went down... Do you remember? The '80s... The '70s..... The '60s..... Lol, what a pity that we missed the '50s. I would have loved a mad-men themed gif ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
Syke
Legendary
Offline
Activity: 3878
Merit: 1193
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:37:27 PM |
|
Got it too. MTGox email db was compromised or something?
Of course it was, but that was way back in 2011.
|
|
|
|
droptable
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:37:35 PM |
|
Man I really love this forum. Is this the most active best forum on the internet ? Am I right guys ? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) so...uh...you have never seen /b/ have you? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
JorgeStolfi
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:43:16 PM |
|
Jorge, I'll be interested in reading your posts once you start actively using Bitcoin. In my industry, it's like taking a music critic seriously when they've never been to the opera.
Sounds more like "when they have never sung at the opera." ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Seriously, how many times do I have to write that I believe that cryptocoins can be great payment methods, and wish them all the success at that? My skepticism has nothing to do with those aspects of cryptocoins, and me using bitcoin cannot possibly tell me anything relevant to the sources of my skepticism.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10765
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:44:37 PM |
|
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Well, I hope you are right, I had a large deposit which hit today Bitstamp and I placed all my bids between $520 and $400. Doesn't look too good ATM to be honest, but patience is a virtue. 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.
Well, a little bit of that is mine. I guess that many bitcoiners followed the same line of thought I did: they got all excited by Gox going down, they smelled blood on the streets and they rushed to send as much fiat as possible to the exchanges to buy as many cheap coins as possible... And they failed. At least for now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It is quite possible that there was quite a bit of money in fiat waiting in the reserves on bitstamp... and that money was NOT newly deposited into bitstamp today. However, now that there seems to be some quasi-resolution to the GOX situation (which still remains quite unclear), some investors are putting in their buy orders with their fiat and so NOW all that reserve fiat, is suddenly showing up on the books. I would venture to bet that there is quite a bit more fiat in the reserves waiting for a clearer signal regarding a GOX resolution and to thereafter jump in. When that GOX resolution comes, we will truly have to da moon momentum.. UNLESS there is some new shenanigans (what could that be? government sabotage of sorts?)
|
|
|
|
kkaspar
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 140
Merit: 100
banned but not broken
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 26, 2014, 07:45:31 PM |
|
I assume more buyers and sellers create a more stable price. You should have been here last year when a few hundred coin dump could take the market lower significantly. We've come a ways since then.
I agree that increasing number of participants create some stability, but wealth will still be highly concentrated and most of the market movements are cause by a relatively few people. Because of that, the stability won't increase much. I don't remember that during last year couple of hundred coins made a much bigger splash. I can go with agreeing to disagree here, because with speculation there are no facts. There are only different point of views, and only thing that I want here is to express my point of view
|
|
|
|
|