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

[seleme]

This. Is. Awesome.

Ukrainian protestor, 2014

good exposure but I wouldn't donate to those scumbags..

http://www.paulcraigroberts.org/
http://www.boilingfrogspost.com/2014/02/18/us-and-eu-are-paying-ukrainian-rioters-protesters/
http://www.youtube.com/watch?v=UQcthWzgt6Y
http://www.youtube.com/watch?v=ZdTDdYHDrxk
http://www.youtube.com/watch?v=NbhNBBS85mc

or you could believe the western media and shill spammers on reddit.

There are surely some extremist groups among Ukrainian protestors but you don't topple a government if you don't have support of people overall. Those extremist groups were just one part of protesting movement, whole Ukrainian people were behind it (and I mean Ukrainian people, not Ukrainian citizens who are putting Russian flags on government buildings in some prorussian areas these days, they don't give a rat about Ukraine anyway, they care about Russia only=

Surely protest were supported by USA and EU but when you give Ukrainians choice of picking West or Russians who ruled them for decades and still want to be the boss in their country, then that's not a big choice for them, they'll pick West any time.

"At all times sincere friends of freedom have been rare, and its triumphs have been due to minorities, that have prevailed by associating themselves with auxiliaries whose objects often differed from their own; and this association, which is always dangerous, has been sometimes disastrous, by giving to opponents just grounds of opposition, and by kindling dispute over the spoils in the hour of success. No obstacle has been so constant, or so difficult to overcome, as uncertainty and confusion touching the nature of true liberty. If hostile interests have wrought much injury, false ideas have wrought still more; and its advance is recorded in the increase of knowledge, as much as in the improvement of laws."
Lord Acton, "The History of Freedom in Antiquity", 1877

Big guys don't support anyone but for their own interests, that's sure, they don't care about Ukrainians or anyone else. But if Ukrainians had enough of Russians then they have my support.

[TERA]

It's a long and boring way down with this speed...

Your trendline is slightly off in slope because you are laying it underneath the silk road flashcrash which is a short term outlier. The support trendline right now is actually at about $320 not $250.

[TERA]

<RogerVer> On Tuesday Mark told me via text message: Currently filing for bankruptcy and will update based on that

does anyone knows what happens next?

are we going to get back any fiat or btc?

If the bitcoinica case is any indication, then pretty much nothing.  Some official or some such will ask for everyone's information on how much they're owed by Gox and so on and so forth, and then nothing will happen after that and nobody will get anything back.  

Maybe they're just collecting data from mtgox for tax purposes so that I can't just file a tax return claiming I lost a million dollars in mtgox.

[MikeH]

There are surely some extremist groups among Ukrainian protestors but you don't topple a government if you don't have support of people overall. Those extremist groups were just one part of protesting movement, whole Ukrainian people were behind it (and I mean Ukrainian people, not Ukrainian citizens who are putting Russian flags on government buildings in some prorussian areas these days, they don't give a rat about Ukraine anyway, they care about Russia only=

Surely protest were supported by USA and EU but when you give Ukrainians choice of picking West or Russians who ruled them for decades and still want to be the boss in their country, then that's not a big choice for them, they'll pick West any time.

I don't think they were a majority, but even if it was, you'd be surprised at how a bit of propaganda can steer a population,  there have been endless coups driven by outside powers, just about any that you can name in recent years have been based on lies..  Iraq, Libya, Syria, Egypt, Venezuala (2002).

a recent attempt in Guinea where 4 Israeli's arrested for plotting coup:

"According to the intelligence files dated September 13 and quoted by the French newspaper, the mercenaries aimed to provoke the Guinean police and armed forces to hurt citizens in order to incite political unrest in the West African republic ahead of the elections."

They've used this same method countless times, you should watch confessions of an economic hitman to get a better idea of how and why.

[jojo69]

<RogerVer> On Tuesday Mark told me via text message: Currently filing for bankruptcy and will update based on that

does anyone knows what happens next?

are we going to get back any fiat or btc?

If the bitcoinica case is any indication, then pretty much nothing.  Some official or some such will ask for everyone's information on how much they're owed by Gox and so on and so forth, and then nothing will happen after that and nobody will get anything back.  

Maybe they're just collecting data from mtgox for tax purposes so that I can't just file a tax return claiming I lost a million dollars in mtgox.

yeah, I think we are all going to be paying taxes on any BTC that were ever in GOX

[Syke]

YOU guys have been posting in this forum... for 5 years?   or even 2-3 years.. would be quite a bit...

Well, this forum hasn't been around 5 years, but a few of us have been here a very long time.

[ChartBuddy]

Explanation

[JayJuanGee]

YOU guys have been posting in this forum... for 5 years?   or even 2-3 years.. would be quite a bit...

Well, this forum hasn't been around 5 years, but a few of us have been here a very long time.

In bitcoin time, a year is a long time... especially when it comes to the result(s) of public exposure to bitcoin.... I started in bitcoin in November 2013... It sure would have been nice to have gotten involved earlier, such as summer of 2013... but anyhow.. better late than never, and even though I am somewhat late, it still seems like the early days of bitcoin, in terms of potential.

[KeyserSoze]

YOU guys have been posting in this forum... for 5 years?   or even 2-3 years.. would be quite a bit...

Well, this forum hasn't been around 5 years, but a few of us have been here a very long time.

3, 4, 5 years, whatever it is, same debates over and over. Seems like 10 years. Knuckleheads who can't seem to do their own research or bother to read the forums claiming Bitcoin is dead or dying soon yet it goes on, outliving its own obituaries, currently worth a mere 575 times USD.

[bassclef]

YOU guys have been posting in this forum... for 5 years?   or even 2-3 years.. would be quite a bit...

Well, this forum hasn't been around 5 years, but a few of us have been here a very long time.

In bitcoin time, a year is a long time... especially when it comes to the result(s) of public exposure to bitcoin.... I started in bitcoin in November 2013... It sure would have been nice to have gotten involved earlier, such as summer of 2013... but anyhow.. better late than never, and even though I am somewhat late, it still seems like the early days of bitcoin, in terms of potential.

I got in circa summer 2013. Heard about Bitcoin the previous year, but didn't explore it enough. Worst mistake ever. Lots of scandal going on, even then, but also so much opportunity if you could see the forest through the trees. I can't tell you how many people thought it could never top $100 (such a psychological barrier btw). It helps to put the current situation into perspective and not fly off the handle over a few lost coins.

[philip2000uk]

Bitcoin investors should be thankful to China, it gave them two rallies and it is still holding the price up at the current level.  Why do they treat it with such disdain, and call it "fake"?

BBC News, Dec 4, 2013
http://www.bbc.com/news/technology-25217386

Bitcoin gained fame in China after film star Jet Li's charity One Foundation received a donation in the currency in April to help the victims of an earthquake.

In recent weeks there have been a series of articles highlighting its use as a way to circumvent restrictions on money transfers out of the mainland - a factor that analysts say has helped propel a surge in Bitcoin's value.

Ignore that news company, infact ignore most of them.

[Copepod]

Yeah, this is not bitcoin-related, but felt I needed to post this in response to the recycled Putin/Yanukovych propaganda someone posted here.

IMHO, as a U.S. citizen of Ukrainian background (grew up in the U.S., but my first language was Ukrainian and I’ve tracked Ukrainian politics closely my entire life), this article gets much of it correct:
Everything you know about Ukraine is wrong http://pando.com/2014/02/24/everything-you-know-about-ukraine-is-wrong/

Also worth a read – Fascism, Russia, and Ukraine http://www.nybooks.com/articles/archives/2014/mar/20/fascism-russia-and-ukraine/?pagination=false

[QuestionAuthority]

So is this still the Gox Wall Observer thread? lol

[TERA]

So is this still the Gox Wall Observer thread? lol

The walls are all still there, on Clark Moody, reminding us of us how much people lost. It's like the vietnam war memorial wall in DC.

[JayJuanGee]

YOU guys have been posting in this forum... for 5 years?   or even 2-3 years.. would be quite a bit...

Well, this forum hasn't been around 5 years, but a few of us have been here a very long time.

3, 4, 5 years, whatever it is, same debates over and over. Seems like 10 years. Knuckleheads who can't seem to do their own research or bother to read the forums claiming Bitcoin is dead or dying soon yet it goes on, outliving its own obituaries, currently worth a mere 575 times USD.

Actually, I get you on that part.  Even though I am a newbie in this particular forum, I am NOT a newbie to life and ridiculous and repetitive non-logical arguments... the naysayers, so to speak, who are NOT really contributing to the direction of the conversation.

YOU guys have been posting in this forum... for 5 years?   or even 2-3 years.. would be quite a bit...

Well, this forum hasn't been around 5 years, but a few of us have been here a very long time.

In bitcoin time, a year is a long time... especially when it comes to the result(s) of public exposure to bitcoin.... I started in bitcoin in November 2013... It sure would have been nice to have gotten involved earlier, such as summer of 2013... but anyhow.. better late than never, and even though I am somewhat late, it still seems like the early days of bitcoin, in terms of potential.

I got in circa summer 2013. Heard about Bitcoin the previous year, but didn't explore it enough. Worst mistake ever. Lots of scandal going on, even then, but also so much opportunity if you could see the forest through the trees. I can't tell you how many people thought it could never top $100 (such a psychological barrier btw). It helps to put the current situation into perspective and not fly off the handle over a few lost coins.

Personally, I am NOT too worried about the MT. Gox situation in the whole scheme of things - however, it is leaving some uncertainty for some time b/c we are NOT getting very clear communication about the extent of the damage and/or the extent to which any investors will be made whole.     Certainly with the passage of time, more and more regular people are finding out about bitcoin.. and there becomes more and more potential for bitcoin to begin to fill some various voids and to take on the value of various asset classes in the forum of currency, commodity, money transmitter, and network - amongst other potentialities.

[QuestionAuthority]

So is this still the Gox Wall Observer thread? lol

The walls are all still there, on Clark Moody, reminding us of us how much people lost. It's like the vietnam war memorial wall in DC.

And they were all faked for the entire life of this thread. rofl

[ChartBuddy]

Explanation

[bassclef]

Personally, I am NOT too worried about the MT. Gox situation in the whole scheme of things - however, it is leaving some uncertainty for some time b/c we are NOT getting very clear communication about the extent of the damage and/or the extent to which any investors will be made whole.     Certainly with the passage of time, more and more regular people are finding out about bitcoin.. and there becomes more and more potential for bitcoin to begin to fill some various voids and to take on the value of various asset classes in the forum of currency, commodity, money transmitter, and network - amongst other potentialities.

Agreed. Gox has been around since the beginning (well, basically), and so will contribute to uncertainty going forward until we have real information. Gox certainly had more whales than any other exchange with hundreds and thousands of coins being tossed back and forth during volatile periods. It was amazing to watch, actually. My analysis of the situation is that Gox is either massively fraudulent or they're under a gag order. Recent US Silk Road investigations and their seizure of Mark's Dwolla account would support the latter. Watching Mark playfully make an apple tart or play with his cat on his Youtube channel makes it hard to believe he is a complicit criminal, but stranger things have happened.

[MikeH]

Yeah, this is not bitcoin-related, but felt I needed to post this in response to the recycled Putin/Yanukovych propaganda someone posted here.

IMHO, as a U.S. citizen of Ukrainian background (grew up in the U.S., but my first language was Ukrainian and I’ve tracked Ukrainian politics closely my entire life), this article gets much of it correct:
Everything you know about Ukraine is wrong http://pando.com/2014/02/24/everything-you-know-about-ukraine-is-wrong/

damn OS restarted from an update as I was typing.. arrgh.

anyway, that seems a balanced view but is still just one of many. since they didn't touch on the paid protesters or even question what they were seeing when protesters were shot (Israeli snipers were caught in Syria at the start of events there), it is obviously not the whole story.. being Ukrainian makes little difference, I know 90+ % of Australians, British and Americans don't know what the hell is going on in their own country, we are all subject to some form of propaganda and even if you try to research everything there will still be missing pieces.

as long as people are willing to say they don't really know what is going on there, I'm ok with it but when they react to every tidbit of biased reporting it just drives me nuts.

back on topic..

buy buy buy!!
 

[Chang Hum]

It's very interesting that despite it being public knowledge that within the next few hours Mark Kapeles is going to announce bankrupsy proceedings with enough capital to potentially pay out at 1:30, that the price on Bitcoin Builder has rallied to almost 1:10  .... looks like people that haven't lost shit loads of money already want to join the party, be interesting to see how fast/low this falls post announcement.