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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1808460 times)
BitcoinTate
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April 04, 2013, 02:20:22 AM
 #18281

Could we crowdfund an exchange?
A crowdfunded, nonprofit Bitcoin exchange. Ultra low fees. Or something.

this idea needs more love.

Indeed.. pretty sure it would be crowdfunded extremely fast !
Has anyone started at BTC crowd funding like site? Shit that's a good idea!

- aka The "DigiMan"
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oakpacific
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April 04, 2013, 02:25:05 AM
 #18282

Could we crowdfund an exchange?
A crowdfunded, nonprofit Bitcoin exchange. Ultra low fees. Or something.

this idea needs more love.

Indeed.. pretty sure it would be crowdfunded extremely fast !
Has anyone started at BTC crowd funding like site? Shit that's a good idea!

It's by no means so simple, if you want to operate as a money transmitter in pretty much any country, you need to do some really serious legal heavy-lifting, in fact, that's partly the reason why Gox is in a leading position, they do very well on this front.  And almost anyone who wants to go through all this will want to make some serious money, not just enough money to feed his family.

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DoomDumas
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April 04, 2013, 02:26:33 AM
 #18283

Well, this has to go down as one of the most exciting/frustrating/scary/intense/emotionally draining days ever.  

If you brush aside the goxxing, today was a typical bear trap and not very abnormal at all Smiley

Indeed, I felt peacefull today, as I've move out of Gox more than a year ago Wink
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April 04, 2013, 02:36:40 AM
 #18284

Bears are selling with style!  Wink

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BitcoinTate
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April 04, 2013, 02:39:20 AM
 #18285

Bears are selling with style!  Wink
Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes!

- aka The "DigiMan"
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April 04, 2013, 02:39:46 AM
 #18286

I'll just leave this here.  Picked a hell of a day to do it on!

http://www.youtube.com/watch?v=gG53ATWPJ_Q

But yeah, the whole time I'm thinking why are you being stupid and selling x coins at $120 when you could've easily sold higher.  Or, oh no, price is now $115, I'm going to sell NOW!  Probably will blame it on Gox lag.  Oh well, for those who were prepared, "cheap" coins for them.


Hahaha, that scene with Bob from 'Fight Club'!  I just love the pics that the bitcoinity guy choses  Grin .
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April 04, 2013, 02:42:46 AM
 #18287

Bears are selling with style!  Wink
Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes!

I think some bears need to get dragged kicking and screaming into the era of expensive coins. Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
ineededausername
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April 04, 2013, 02:47:16 AM
 #18288

Bears are selling with style!  Wink
Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes!

I think some bears need to get dragged kicking and screaming into the era of expensive coins. Wink

expensive? They look cheap to me Smiley

(BFL)^2 < 0
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April 04, 2013, 02:53:21 AM
 #18289

Bears are selling with style!  Wink
Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes!

I think some bears need to get dragged kicking and screaming into the era of expensive coins. Wink

expensive? They look cheap to me Smiley

Cheap? You go buy a hundred of them right now I dare you! Cheesy

I would prefer to say:" Yes, they are expensive, but these are the least expensive coins you probably can get from now on, anyway there will be no more than 20 million of them in your whole life time, better grab some before the supply drains out!" Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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April 04, 2013, 03:06:50 AM
 #18290

at this rate the price will be less then 100 in 24 hours. i wanted to sell some at 150 today. sigh!
bulls... get this party going.

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mccorvic
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April 04, 2013, 03:14:41 AM
 #18291

at this rate the price will be less then 100 in 24 hours. i wanted to sell some at 150 today. sigh!
bulls... get this party going.

Party don't start for a few more hours.

But...aren't you the guy who argued it was smart to sell at 29? It's not like you'd get an invitation to the party anyways.

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April 04, 2013, 03:17:37 AM
 #18292

Wow, another 2.5k....
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April 04, 2013, 03:25:42 AM
 #18293

Someone is massively profiting from these swings. Whether it's MtGox's flaky servers or DDOS or whatever. This isn't the behaviour of a grown-up currency.

Probably scumbags like S3052 - that shit should be illegal.

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April 04, 2013, 03:31:18 AM
 #18294

Someone is massively profiting from these swings. Whether it's MtGox's flaky servers or DDOS or whatever. This isn't the behaviour of a grown-up currency.

Probably scumbags like S3052 - that shit should be illegal.


Haha what is wrong with S3052? He provides a service people are willing to pay for as do others on here. I've found his service quite useful. But anyone can learn and use elliot wave theory, it isn't just something 'scumbags' use.
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April 04, 2013, 04:15:21 AM
 #18295

Someone is massively profiting from these swings. Whether it's MtGox's flaky servers or DDOS or whatever. This isn't the behaviour of a grown-up currency.

Probably scumbags like S3052 - that shit should be illegal.

I don't know what it is we are talking about, but I can guarantee that making it illegal won't prevent it from happening.

Psht, what are you talking about!?! Nobody anywhere smokes marijuana since it became illegal!

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April 04, 2013, 04:16:07 AM
 #18296

Also, the new "official" bitcoin exchange btcchina is back over 1000 yuan.

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April 04, 2013, 04:21:20 AM
 #18297

Would it be possible for Gox to heavily fine or restrict / place minimums on orders?  During the review of the timelapse and also just watching the daily charts, there are hordes of 0.01 and 0.02 buys and sells.  With the way Gox's database writes slowly, these would seem to stall the system and buy someone time.  It wouldn't really make it a true "trade whatever amount you want system" though.  But if they had minimums, it would stand to reason they'd be able to process orders a little faster.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
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April 04, 2013, 04:25:28 AM
 #18298

Would it be possible for Gox to heavily fine or restrict / place minimums on orders?  During the review of the timelapse and also just watching the daily charts, there are hordes of 0.01 and 0.02 buys and sells.  With the way Gox's database writes slowly, these would seem to stall the system and buy someone time.  It wouldn't really make it a true "trade whatever amount you want system" though.  But if they had minimums, it would stand to reason they'd be able to process orders a little faster.

Within a year or two, most of the users will only trade 0.01 or 0.02 per order, only whales like us can trade 10 or 100 bitcoins in one go. Cool

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April 04, 2013, 04:35:16 AM
 #18299

http://www.facebook.com/MtGox/posts/453409538076792

Mt.Gox finally released a real statement about the events of the day and their intension moving forward. It is a pretty reasonable letter to the community.
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April 04, 2013, 04:47:57 AM
 #18300


In this month alone, over 57,000 new accounts were created!


WTF.


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