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

[tarmi]

People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...

WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?

Whoever has funds in there is like asking for it.

poloniex is down right now.

with btc price crashing all exchanges are crashing.

why am I not surprised?

What happened to poloniex? Hacked and robbed aka business as usual?

dont know really. I just checked it and it is down.

and you are right. btc-e will fail last.

[fonzie]

http://blog.cryptsy.com/post/100831839452/response-regarding-lawsuit

Never used their services but I'll admit the amount of pr before actually serving  the lawsuit is suspicious.  Similarly to way they made Ross out to be someone who orders contract hits.

Is there any site where i can make bets if they go down within the next 3 months?  
Lawsuit+Coinexchange = almost guaranteed death.
Most(all) of them had shady operations in the past.
It´s almost ironic but i think that the only true anonymous (and most shady) exchange "BTC-E" will probably stay alive longest.

 

Except is the claim of one person representes by a law firm with a scare tactic pr stunt. Im not defending cryptsy and would advise anyone with worries to remove funds or coinz but to assume there doomed on this info is sheer fud.

I never traded on cryptsy, but i have read multiple complains over the last months/years where people had massive problems with them. Showing false balances/Withdrawl of coins not possible.... If they find a few other per persons willing to sue them they will almost definitely go down.

[Newbie1022]

http://fortune.com/2014/10/24/bitcoin-fraud-scam/

This. It is actually a decent commentary in that it calls out some scams but is supportive of blockchain technology. A bit vapid, but pretty practical and on point.

[fonzie]

My personal favorites for BTC exchanges that will "dissapear" in the next months are either Bitfinex or Huobi. Just a wild guess.

[tarmi]

or both.

never liked bitfinex.

[BBmmBB]

Time to pull your stash out of cryptsy....?!

http://www.marketwatch.com/story/silver-law-group-files-lawsuits-against-cryptocurrency-exchanges-bitcoin-savings-trust-and-cryptsy-2014-10-23

https://bitcointalk.org/index.php?topic=833182.0

Also bad newses for Ripple,... looking @Walsoraj 

You shouldn't have money in Cryptsy anyway.

In case you do, definitely GTFO.

well my word ... who told u ? 

[fonzie]

People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...

WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?

Whoever has funds in there is like asking for it.

poloniex is down right now.

with btc price crashing all exchanges are crashing.

why am I not surprised?

What happened to poloniex? Hacked and robbed aka business as usual?

dont know really. I just checked it and it is down.

and you are right. btc-e will fail last.

UPDATE:   

Poloniex seems to be down. I was on the troll box when it froze so I hit F5 when it refereshed it had a Brad Pitt pic, then nothing. It seems dead right now. Can anyone confirm or rebut that Poloniex has been hacked?

What kind of Brad Pitt pic?


Poloniex Exchange ‏@Poloniex 34m34 minutes ago

There seems to be a network issue. Working to resolve now.
0 replies 1 retweet 0 favorites

Brad Pitt from Fight Club maybe....It was just there momentarily and had some graffitti style writing I couldn't make out.

Looks like a hack to me.

[BlindMayorBitcorn]

http://fortune.com/2014/10/24/bitcoin-fraud-scam/

This. It is actually a decent commentary in that it calls out some scams but is supportive of blockchain technology. A bit vapid, but pretty practical and on point.

This is the bearest thing ever!

[fonzie]

Important:

Now that all altcoin exchanges are dying where can i buy and sell billions of DOGE in the future  
Does anyone know high volume wall street OTC broker for DOGE. We all know it´s the future.

[Davyd05]

http://fortune.com/2014/10/24/bitcoin-fraud-scam/

This. It is actually a decent commentary in that it calls out some scams but is supportive of blockchain technology. A bit vapid, but pretty practical and on point.

This is the bearest thing ever!

If Bernie Madoff and People like shawn merrimen havent turn the fiat financial system to shit then these frauds are but hiccups and serious lessons for the future users about proper control of keys.

[tarmi]

People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...

WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?

Whoever has funds in there is like asking for it.

poloniex is down right now.

with btc price crashing all exchanges are crashing.

why am I not surprised?

What happened to poloniex? Hacked and robbed aka business as usual?

dont know really. I just checked it and it is down.

and you are right. btc-e will fail last.

UPDATE:   

Poloniex seems to be down. I was on the troll box when it froze so I hit F5 when it refereshed it had a Brad Pitt pic, then nothing. It seems dead right now. Can anyone confirm or rebut that Poloniex has been hacked?

What kind of Brad Pitt pic?


Poloniex Exchange ‏@Poloniex 34m34 minutes ago

There seems to be a network issue. Working to resolve now.
0 replies 1 retweet 0 favorites

Brad Pitt from Fight Club maybe....It was just there momentarily and had some graffitti style writing I couldn't make out.

Looks like a hack to me.

so long and thanks for all the bitcoins risto!

[fonzie]

so long and thanks for all the bitcoins risto!

     

I also just checked the XMR chart, looks bullish as fuck.... 

[marcus_of_augustus]

My personal favorites for BTC exchanges that will "dissapear" in the next months are either Bitfinex or Huobi. Just a wild guess.

yes, someone should be running an options or prediction market on failed exchanges. To hedge if nothing else, CDS or similar.

[ChartBuddy]

Explanation

[BlindMayorBitcorn]

Poloniex works for me... 

Back on topic, if you take a look in bitcoinity there is less than 5k to 400$ on stamp. Few ask walls were removed.

If we see $400 again this weekend I'm divesting half my stash. I'm finished hodling

[BlindMayorBitcorn]

Poloniex works for me... 

Back on topic, if you take a look in bitcoinity there is less than 5k to 400$ on stamp. Few ask walls were removed.

If we see $400 again this weekend I'm divesting half my stash. I'm finished hodling

Ok. I guess you will learn the hard way 

Just a bunch of early adopters bleeding n00bs dry on a grand scale. That's all I've seen

[jonoiv]

My personal favorites for BTC exchanges that will "dissapear" in the next months are either Bitfinex or Huobi. Just a wild guess.

So where do you trade?

[BlindMayorBitcorn]

Poloniex works for me...  

Back on topic, if you take a look in bitcoinity there is less than 5k to 400$ on stamp. Few ask walls were removed.

If we see $400 again this weekend I'm divesting half my stash. I'm finished hodling

Ok. I guess you will learn the hard way  

Just a bunch of early adopters bleeding n00bs dry on a grand scale. That's all I've seen

Yep... but I doubt they will do this again at 400$ levels. Maybe 500-600$.

I remember doubting they would all the way down. I bet you do too...

[ShroomsKit]

Here is a prediction.
It's not even a prediction, it's a guarantee. Everyone is waiting for the next rally. When that next rally happens as soon as we go up 20 or 30 bucks everyone here will absolutely totally fucking dump the shit out of the market to make 100 bucks profit, stop the rally and most likely take the price down again.

After that you will come right away here again and wonder why the rally stopped. Then the next 2 weeks you keep posting useless charts and discuss why we won't go up. And then the next rally starts and you repeat it all over again.

That's how fucking dumb traders are.

[jonoiv]

Here is a prediction.
It's not even a prediction, it's a guarantee. Everyone is waiting for the next rally. When that next rally happens as soon as we go up 20 or 30 bucks everyone here will absolutely totally fucking dump the shit out of the market to make 100 bucks profit, stop the rally and most likely take the price down again.

After that you will come right away here again and wonder why the rally stopped. Then the next 2 weeks you keep posting useless charts and discuss why we won't go up. And then the next rally starts and you repeat it all over again.

That's how fucking dumb traders are.

Here is my TA.  You are a moron