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raid_n
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February 28, 2014, 10:30:40 AM |
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No more dumping ?
But can you see price picking up on this. It maybe be a slow grind down, especially with weekend coming.. This will be interesting. Consider what would happen if people started to draw most of their coins off exchanges just to be on the safe side. I also expect a dip but bitcoin does not cease to surprise |
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mmitech
Legendary
 Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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February 28, 2014, 10:30:46 AM |
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Good morning guys, I didn't get to browse for the news yet, but I am watching a tweet from someone I am following on twitter about Mtgox announcement !!! I don't want to lose 1 hour searching for some information in which I know someone of you here did already mention 20 pages ago...
any take on this, anyone can tell me more or give me a link ?
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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February 28, 2014, 10:31:13 AM |
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No more dumping ?
But can you see price picking up on this. It maybe be a slow grind down, especially with weekend coming.. Yes. This is bullish. less coins means more $/BTC. Less uncertainty. Good new means buy the rumor sell the news. Bad news means sell the rumor buy the news. |
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RicePicker
Full Member
Offline
Activity: 216
Merit: 100
RicePicker
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February 28, 2014, 10:31:43 AM |
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Bitcoin has gone down almost 50-60% in three months. You serious think Chinese investors what to move their currency from one volatile currency to another one just for shits and giggles. |
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raid_n
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February 28, 2014, 10:33:40 AM |
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I think Mark Karpeles deserves a dictionary entry for "incompetence"
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yrtrnc
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February 28, 2014, 10:36:20 AM |
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It is obvious he has stolen the coins himself with help from a few others. And has managed (somehow) to fuck with everyone until now. He has been using stalling tactics to steal as many coins as he can. This is one of the biggest heists in history! You would have to be Jesus not to be tempted by such a heist.
you don't have to be Jesus when you can be filthy rich without stealing. Yes, mtgox may have had a good business for the while and they enjoyed it while it lasted. And now that wall st is getting involved, how long do you think his income would last? Its much easier to steal 750,000 coins my friend. And thats what he chose, the easy way. Just like most people would do. |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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February 28, 2014, 10:36:33 AM |
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I am smart and rich. Sorry guys, but all your btc belong to me now.. ! At press conference: 
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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February 28, 2014, 10:37:42 AM |
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I am smart and rich. Sorry guys, but all your btc belong to me.. ! At press conference: He looks like a businessman. |
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pinky
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February 28, 2014, 10:37:59 AM |
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Bitcoin has gone down almost 50-60% in three months. You serious think Chinese investors what to move their currency from one volatile currency to another one just for shits and giggles. They have so much money, they just throw it around (real estate, gold) and speculative investments. They love gambling, it's in their nature. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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February 28, 2014, 10:38:03 AM |
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No more dumping ?
But can you see price picking up on this. It maybe be a slow grind down, especially with weekend coming.. Yes. This is bullish. less coins means more $/BTC. Less uncertainty. Good new means buy the rumor sell the news. Bad news means sell the rumor buy the news. I can tell you that no matter how much this seems to be bullish the price is going to go down further, and I can speculate on going lower than 400. The Mtgox situation is more complicated than we all think and this will impact the price negatively for weeks if not months, nevertheless this is bullish long term for 2 reasons, the first is the death of Mtgox and the second is the media exposure. but the bullish move will take at least few months to start pop-up, only my opinion. lets see what will happen. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 28, 2014, 10:38:45 AM |
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I am smart and rich. Sorry guys, but all your btc belong to me now.. ! At press conference: Look at his stance, he looks like he just saved 20 people from fire in kindergarten. Psycho.- |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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February 28, 2014, 10:39:04 AM |
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I think Mark Karpeles deserves a dictionary entry for "incompetence"
no he deserves an Oscar for making the whole world believe he is incompetent. Genius. |
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dreamspark
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February 28, 2014, 10:41:12 AM |
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Yeah did anyone see that geek week video of him and all the stuff saying how he had previous experience coding and integrating banking systems and accounting systems etc. Theres no way he just let all those coins get stolen like that.
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heslo
Legendary
Offline
Activity: 1177
Merit: 1025
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February 28, 2014, 10:41:52 AM |
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I am smart and rich. Sorry guys, but all your btc belong to me.. ! At press conference: He looks like a businessman s asshole. FTFY |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 28, 2014, 10:42:48 AM |
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She likes DOgecoin, she said. |
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ShroomsKit
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February 28, 2014, 10:42:58 AM |
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Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.
So give me one reason why we could go up again. I can't find any. I really can't.
Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?
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yrtrnc
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February 28, 2014, 10:45:29 AM |
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It is obvious he has stolen the coins himself with help from a few others. And has managed (somehow) to fuck with everyone until now. He has been using stalling tactics to steal as many coins as he can. This is one of the biggest heists in history! You would have to be Jesus not to be tempted by such a heist.
you don't have to be Jesus when you can be filthy rich without stealing. Yes, mtgox may have had a good business for the while and they enjoyed it while it lasted. And now that wall st is getting involved, how long do you think his income would last? Its much easier to steal 750,000 coins my friend. And thats what he chose, the easy way. Just like most people would do. Here is an article that supports the above views http://falkvinge.net/2014/02/28/the-gox-crater-crowd-detectives-reveal-billion-dollar-heist-as-inside-job/ |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 28, 2014, 10:45:41 AM |
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Am i really the only one who is concerned that Bitcoin hasn't responded to ANY good news in MONTHS?
People dump every single time there is some bad news. Often it isn't even bad news but more like "i'm gonna panic sell in case it us bad news". We go lower and lower. Now we're at 570. There will be good news. Nobody will give a shit. They're all waiting for the next bad news so we can go lower again.
We would need to most amazing super positive news ever to stop this and i don't see this coming.
So give me one reason why we could go up again. I can't find any. I really can't.
Edit: how much longer will we be going down because of Gox. They are gone. Will it take us down for months to come? Can't people just get over it?
People are on huge profits and they're more keen to react and realize some of those profits than to push further in some tricky times. We can't go up all the time, it's some 3-4 months since we had huge rally. |
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