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

[JorgeStolfi]

By January Gox was dead and all I have left of my BTC50 is a tiny piece of a class action suit.

I think that read of a Canadian class action suit that was recently withdrawn after negotiations with Sunlot, like the US one was.  Or have I mixed the MtGOX class action with some other case?

[brg444]

There was nothing positive or negative about that meeting. Nothing was decided it was just a Q&A session. Not well done, by the BTC side, either. They don't explain things well to those who aren't as technically savvy, which is unfortunate.

agree, the inability to properly explain the necessity of the bitcoin unit inside the ledger is becoming quite alarming IMO.

[njcarlos]

Anyone interested in the full transcript from the live session can find it here: http://pastebin.com/WUJYeSUQ

[grappa_barricata]

best shakeout ever? or weekend started early this week?

[Thomas-s]

best shakeout ever? or weekend started early this week?

320 before we go over 400.

[JimboToronto]

By January Gox was dead and all I have left of my BTC50 is a tiny piece of a class action suit.

I think that read of a Canadian class action suit that was recently withdrawn after negotiations with Sunlot, like the US one was.  Or have I mixed the MtGOX class action with some other case?

http://www.charneylawyers.com/mtgoxclassaction.htm

[Mickeyb]

These crazy BTC price fluctuations must be the work of the speculators. I am more and more believing in the story that Chinese exchanges are doing all this on purpose. At least it is not boring in the BTC world! 

[JimboToronto]

best shakeout ever? or weekend started early this week?

Or minor correction after several days of steady growth? Day's candle is still green, although not so tall any more.

[riiiiising]

Why do people keep selling! If you're not interested in holding for years, don't bother getting involved!! This is so frustrating!

[kryptopojken]

Ho-lee shit stamp!

[NotLambchop]

Gentlemen!  What are you doing to my bitcoin?  I was promised space travel!

[podyx]

I pray that this wasn't the final bulltrap before the ending of bitcoin...

[grappa_barricata]

oh shit 2200 yuan is not gonna hold

[JorgeStolfi]

I think that read of a Canadian class action suit that was recently withdrawn after negotiations with Sunlot, like the US one was.  Or have I mixed the MtGOX class action with some other case?

http://www.charneylawyers.com/mtgoxclassaction.htm

Thanks.  So the class action has indeed been derailed into a plea to stop the liquidation and give all assets to Sunlot (which has already granted "pardon" to GGB and JMC, even before any investigation). 

[Davyd05]

last sell had some panic to it, everyone thinks we have to hit 320 or lower before we can leave for blast off ( in elliot wave charting worlds especially )

but imo shorts closed, and new ones reopened instantly on the spike to 394 facking oh well, recoveries have to be a bit weird.

[idecable]

Gentlemen!  What are you doing to my bitcoin?  I was promised space travel!

To the moon! </adds-mexican-music>

[adamstgBit]

holy knife from hell

[tarmi]

Damn, forgot. Tera has an information sharing agreement with several exchanges and monitors for market manipulation, what they plan to do about it and how they plan to do it wasn't really discussed.

I call bs for monitors for market manipulation.

[njcarlos]

I pray that this wasn't the final bulltrap before the ending of bitcoin...

Same :\  Will hold out judgment if/when we approach $300 again.

[NotLambchop]

Why do people keep selling! If you're not interested in holding for years, don't bother getting involved!! This is so frustrating!

Relax, it won't hurt as much...