juanbllanos (OP)
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May 16, 2013, 01:07:48 PM |
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itod
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^ Will code for Bitcoins
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May 16, 2013, 01:12:14 PM |
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Thank you for posting this old news and giving me the chance to increase my newbie post count  |
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murrekatt
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May 16, 2013, 01:23:51 PM |
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Is there any discussion about this somewhere? I'm surprised that there aren't more reactions to what is happening or is it just because I didn't know where to look?
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jackjack
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May Bitcoin be touched by his Noodly Appendage
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May 16, 2013, 01:26:38 PM |
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Everybody got scared yesterday and withdrew their coins
Now they have their coins they don't care anymore
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Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc. |
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murrekatt
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May 16, 2013, 01:28:48 PM |
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Sounds like that must have affected MtGox trading and volume.
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refactored
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May 16, 2013, 01:31:52 PM |
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I can see why there would be speculation, but has anyone verified that MtGox volume is substantially lower than before the news about Dwolla?
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Illimensky
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May 16, 2013, 01:40:11 PM |
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From the graph available on mtgox.com (just click on the orange graph icon at the top), it would seem that the USD/BTC exchange rate suffered a drop corresponding roughly to May 14, 2013, or the date listed on the warrant. There was a massive spike in volume at the beginning of the drop. |
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sprout
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May 16, 2013, 02:44:30 PM |
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Thanks, Juan, for the analysis, and the warrant/affidavit pdf.
I'm still a little fuzzy on the details, esp. the role of Mutum Sigillum - is this the primary route used by Gox to for transfers, or the primary route for US transfers, or do other similar entities exist? Was Mutum Sigillum known to exist before the seizure?
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zRISC
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May 16, 2013, 02:44:43 PM |
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interesting to know... have things in an exchange outside USA would be an option then?
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MikuCoin
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May 17, 2013, 06:49:02 AM |
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Yes, this is old news. Well if your in Canada, there is http://cavirtex.com/ |
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dandelion69
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May 17, 2013, 07:25:12 AM |
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Seems like they made it easy for them... I guess time will tell.
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CoinPoll
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May 17, 2013, 07:46:46 AM |
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Thank you for the update
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gambitv
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May 17, 2013, 07:59:58 AM |
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So still safe to trade from outside the US?
What I am finding is it is quite a learning curve for newbies to get started. Mining is simple enough, its actually BUYING coins that is the barrier.
What I don't understand, if governments are so against this currency, why can't they simply crack down on all 'exchanges' in their jurisdictions that deal with bitcoins. Can't get money in, or out, coins become useless.
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The stock market today is a war zone, where algobots fight each other over pennies, millions of times a second.
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Zaih
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May 17, 2013, 08:02:03 AM |
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Thank God  |
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mmeijeri
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May 17, 2013, 08:04:16 AM
Last edit: May 17, 2013, 08:15:03 AM by mmeijeri |
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Can anyone with a legal background explain why the route through Dwolla doesn't shield Mutum Sigillum? After all, Dwolla is a licensed money transmitter and funds that go through Mutum Sigillum only ever end up at Mt Gox.
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ROI is not a verb, the term you're looking for is 'to break even'.
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murrekatt
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May 17, 2013, 12:22:48 PM |
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Governments have so many problems at hand and Bitcoin and other cryptocurrencies are still too small to get much attention. There will of course be some action now and then when we do something obviously stupid and illegal but until this is bigger it is not really on the radar. Growing Bitcoin economy means growing problems to deal with and increasing risk to get into trouble with governments.
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fragout
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May 17, 2013, 01:01:50 PM |
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no big deal imo
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gambitv
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May 17, 2013, 01:08:59 PM |
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Bitcoin market still too small? Seems a few people have a lot of coins invested in it. Look at the 'on book' values that pop up being a barrier for the little guys. Read recently ( being new to money markets and shares ) that the smart money does not appear on the exchange books. They use API's and automated buy/sell rules to do their trading.
I had a couple of buys in place, good few percentage points below the going rates, and was surprised to see they eventually got fulfilled. It appears the trading is still going well, but what are American traders thinking now. Still in MtGox or looking elsewhere?
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The stock market today is a war zone, where algobots fight each other over pennies, millions of times a second.
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yurtesen
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Activity: 83
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May 17, 2013, 01:43:06 PM |
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It looks like USA is trying to stop usage of bitcoins, at least within its borders without making it illegal (which would be bad publicity).
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sprout
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May 17, 2013, 02:14:42 PM |
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