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GeniuSxBoY
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February 20, 2014, 05:32:18 PM |
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Finally a positive mtgox thread.
The unwarranted hate speech is only necessary AFTER incidences are confirmed.
When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.
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Be humble!
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anu
Legendary
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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February 20, 2014, 05:41:41 PM |
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Do you reckon that it is Gox themselves who are buying up all the ultra cheap Bitcoins (the ones that are actually backed by Bitcoins in the blockchain ledger), and then arbitraging them on Bitstamp and the likes?
I think if they were arbitraging the exchange rates would be closer together. When you don't have competition you can arb as you see fit. |
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Obi-Wan Coinobi
Newbie
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Activity: 42
Merit: 0
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February 20, 2014, 06:51:44 PM |
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Finally a positive mtgox thread.
The unwarranted hate speech is only necessary AFTER incidences are confirmed.
When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.
That is one scenario, yes. |
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Rygon
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February 20, 2014, 07:10:45 PM |
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Finally a positive mtgox thread.
The unwarranted hate speech is only necessary AFTER incidences are confirmed.
When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.
I don't think Pirate has been found guilty in a court yet, so does that mean it's a good idea to buy shares in the Bitcoin Savings & Trust for bargain basement prices? |
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GeniuSxBoY
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February 20, 2014, 07:13:17 PM |
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Finally a positive mtgox thread.
The unwarranted hate speech is only necessary AFTER incidences are confirmed.
When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.
I don't think Pirate has been found guilty in a court yet, so does that mean it's a good idea to buy shares in the Bitcoin Savings & Trust for bargain basement prices? Is the exchange still running? |
Be humble!
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GigaCoin (OP)
Sr. Member
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Activity: 308
Merit: 251
Giga
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February 20, 2014, 07:15:17 PM |
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Finally a positive mtgox thread.
The unwarranted hate speech is only necessary AFTER incidences are confirmed.
When withdrawals open again and people see the price jump $500+, you'll hear crying and whining about how they should have bought and could have made 4x their money.
+1 i think it will be one of the most amazing events ever witnessed in Bitcoin history, with a lot of people who took massive risk getting rich quick. |
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boumalo
Legendary
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Activity: 1904
Merit: 1018
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February 20, 2014, 07:56:09 PM |
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whoever sold at 300, must really hate themselves. well, can't say i didn't see that coming.
maybe not that much today |
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ibinsad
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February 20, 2014, 08:38:05 PM |
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Need to buy bitcoins from Gox not yet verified.. so can i buy from someone else in the forum at the same price +10% ?
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TotalPanda
Legendary
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Activity: 1946
Merit: 1012
vertex output parameter not completely initialized
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February 20, 2014, 08:49:25 PM |
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wayneyoyo
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February 21, 2014, 01:15:54 AM |
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I hopes MTGOX gone out quickly so it wont disturb the price
And may be they are buying lots of bitcoin at the low price
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V4Vendettas
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February 21, 2014, 12:27:18 PM |
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Well I'm all in. Loaded up slowly on coins as it fell from $400-$100. If Gox is dead what does it matter but if an ember of life still flickers then.  Its a gamble it's always a gamble. So yea yea I'm stupid for using Gox etc etc yawn heard it all 1000 times already. PS. was going to photoshop Mark in place of the girl but then didn't because I had more important things to do like Dota2 or something. |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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February 21, 2014, 12:49:45 PM |
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Yes, you are lucky.
You will never see prices like this ever in your lifetime again. If they don't close up shop, you are going to see an explosion.
Only now are many of us getting our ammunition into gox.
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yrtrnc
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February 21, 2014, 01:06:29 PM |
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Go spend your money on satoshi dice instead.
No sensible human being would gamble their money on mtgox right now.
Even your investment on bitcoin should be money you can afford to lose.
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V4Vendettas
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February 21, 2014, 01:21:14 PM |
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Go spend your money on satoshi dice instead.
No sensible human being would gamble their money on mtgox right now.
Even your investment on bitcoin should be money you can afford to lose.
Lol all that's left to do is gamble on Mtgox right now. Why because I cant be out of Gox if I wanted to. That is unless you lend me your crystal ball and or time machine. Hats off to the balls of any actually going into gox with fiat right now hunting those cheap coins. Nice to not be alone and all but dam its a gamble I hope it pays off. |
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cypherdoc
Legendary
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Merit: 1002
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February 21, 2014, 01:30:10 PM |
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Go spend your money on satoshi dice instead.
No sensible human being would gamble their money on mtgox right now.
Even your investment on bitcoin should be money you can afford to lose.
Lol all that's left to do is gamble on Mtgox right now. Why because I cant be out of Gox if I wanted to. That is unless you lend me your crystal ball and or time machine. Hats off to the balls of any actually going into gox with fiat right now hunting those cheap coins. Nice to not be alone and all but dam its a gamble I hope it pays off. The whole strategy of moving into dollars on gox has been concocted by lawyers. Do you honestly think you'll recover those dollars in a class action international lawsuit that will take years with anything left over after paying off those leaches? No offense but those guys often advise what's best for them to keep the business coming. Hell no, you'd be way better off taking a flyer and buying the 90% discounted coins and cheering for gox to survive. |
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Cyberdyne
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February 21, 2014, 02:00:30 PM |
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I basically got my money out months ago, but I decided to log in to Mt Gox today just to double check, and found I had $1 USD in there. So I put an order in for a bitcent at the $95 level  |
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warpio
Member
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Merit: 10
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February 21, 2014, 02:10:19 PM |
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I'm surprised that the value of Gox's imaginary bitcoins are still holding up this well.
If I had funds in Gox right now, I'd rather have it in imaginary fiat than imaginary coins, because at least the imaginary fiat is more likely to physically exist somewhere.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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February 21, 2014, 02:23:00 PM |
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I'm surprised that the value of Gox's imaginary bitcoins are still holding up this well.
If I had funds in Gox right now, I'd rather have it in imaginary fiat than imaginary coins, because at least the imaginary fiat is more likely to physically exist somewhere.
No, they're both digital. |
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V4Vendettas
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February 21, 2014, 03:06:14 PM |
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@cypherdoc
I think you misunderstand my position. I was already locked into gox (bitcoinwise) and by that I mean they already had my money before the bitcoin withdraw lock down. When I said I was all in that was only half true. The other 50% its still dripping into my fiat bank account every 20 days or so becuase I had already asked for Sepa withdraws.
So yes I can get my money out in fiat ( received 5 Sepa deposits from Poland over the last 4 months so far) but I don't want just euros I want bitcoins to spend and some to Hodl.
I know Gox is sucking ass at just about everything for just about everyone but for me well its not been so bad. I don't see why they would keep giving me my money every 20 days if they had no money to give.
Time will tell and basically we both know bugger all so lets watch this all unfold shall we.
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