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drlatino999
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July 07, 2012, 08:03:20 PM |
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I have one of those feelings that there will be fireworks soon. It's goddamn Saturday of all days, when did we have a Saturday rally?  This might turn into something epic next week. Dude, you didn't get the memo? I thought I sent it to Finland, I may have to talk to my delivery service. |
Sappers clear the way
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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July 07, 2012, 08:07:20 PM |
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close to 4x bid to ask, LOL!
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ineededausername
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July 07, 2012, 08:14:03 PM |
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close to 4x bid to ask, LOL!
Record low number of asks (116864 BTC)... and $1.742 mil in bids!  edit: Depth chart!  |
(BFL)^2 < 0
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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July 07, 2012, 08:16:17 PM |
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there are some beautiful symmetries and patterns occurring across several markets right now that are going to propel Bitcoin to new heights.
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Raoul Duke
aka psy
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Activity: 1358
Merit: 1002
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July 07, 2012, 08:22:40 PM |
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The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
MtGox is dying. Mark my words.
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Kupsi
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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July 07, 2012, 08:29:09 PM |
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The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
Intersango needs sellers for their Euro market  https://intersango.com/orderbook.php?currency_pair_id=2 |
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Technomage
Legendary
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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July 07, 2012, 08:31:05 PM |
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The lack of sellers is fairly commonplace. Bitstamp has some sellers, go eat their walls.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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July 07, 2012, 08:31:16 PM |
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that is frickin hilarious:  |
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Raoul Duke
aka psy
Legendary
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Activity: 1358
Merit: 1002
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July 07, 2012, 08:39:28 PM |
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Intersango also seems to be having problems with withdrawals lol Bitcoin-OTC FTW! |
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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July 07, 2012, 08:41:20 PM |
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It looks like we're getting into a $5-style situation... we're going to be here for quite a while, as walls build up on both sides.
I agree. I can see the price bouncing between $5 and $7 for the rest of the year. Mostly because that's where pirate told me he was going to keep it. Looks like his plan is about to fail. I hope he makes enough from his "business" that he can afford to buy back depositors' coins! |
College of Bucking Bulls Knowledge
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drlatino999
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July 07, 2012, 08:42:46 PM |
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The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
MtGox is dying. Mark my words.
I keep hearing that, yet I cleared my USD from Mt Gox in 4 days from start - dwolla - bank. Just sayin. |
Sappers clear the way
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Math Man
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July 07, 2012, 08:46:32 PM |
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The real story those graphs tell is that people who sell Bitcoin are running away from MtGox because they can't take out their USD/EUR from MtGox after selling the BTC.
MtGox is dying. Mark my words.
I keep hearing that, yet I cleared my USD from Mt Gox in 4 days from start - dwolla - bank. Just sayin. I've not been having problems either, withdrawing to Dwolla since I verified my account. |
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Technomage
Legendary
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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July 07, 2012, 08:52:21 PM |
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You're not having problems because the witchhunt of Mt. Gox is total bullshit. The problems are limited and mostly related to Dwolla being a pain in the ass. Gox is not the most useful exchange anymore though, mostly because of the need for all those verifications. Also the volume has been leaking to other exchanges, which is actually good. Less centralized exchange is good for Bitcoin. At least for Europeans Intersango, and my new favorite Bitstamp, are just way better than Gox. Plain and simple.
I've been doing a lot of SEPA transfers to Bitstamp for a while now and they're ALWAYS credited next bank day at around noon. Mt. Gox and Intersango are both slow as FUCK compared to that and Mt. Gox requires verifications on top of that. Add to this the fact that Euro volume is increasing in general and you have a serious leakage for Gox. So in that sense I agree with psy but I disagree that Gox is dying. Gox is simply not as almighty as before.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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July 07, 2012, 08:52:41 PM |
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 Edit: I think we're seeing all time highs right now for USD bids on the MtGox orderbook - $1.74m. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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July 07, 2012, 08:53:57 PM |
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just when are u going to take down that Bear? |
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Math Man
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July 07, 2012, 08:57:33 PM |
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You're not having problems because the witchhunt of Mt. Gox is total bullshit. The problems are limited and mostly related to Dwolla being a pain in the ass. Gox is not the most useful exchange anymore though, mostly because of the need for all those verifications. Also the volume has been leaking to other exchanges, which is actually good. Less centralized exchange is good for Bitcoin. At least for Europeans Intersango, and my new favorite Bitstamp, are just way better than Gox. Plain and simple.
I've been doing a lot of SEPA transfers to Bitstamp for a while now and they're ALWAYS credited next bank day at around noon. Mt. Gox and Intersango are both slow as FUCK compared to that and Mt. Gox requires verifications on top of that. Add to this the fact that Euro volume is increasing in general and you have a serious leakage for Gox. So in that sense I agree with psy but I disagree that Gox is dying. Gox is simply not as almighty as before.
True. Real competition to Mt. Gox is good and needed. |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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July 07, 2012, 09:08:03 PM |
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just when are u going to take down that Bear? When bitcoin gets more use as a currency than a speculative vehicle. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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July 07, 2012, 09:13:37 PM |
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just when are u going to take down that Bear? When bitcoin gets more use as a currency than a speculative vehicle. Even USD is used more as a speculative vehicle than a currency. |
College of Bucking Bulls Knowledge
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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July 07, 2012, 09:14:50 PM |
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just when are u going to take down that Bear? When bitcoin gets more use as a currency than a speculative vehicle. Even USD is used more as a speculative vehicle than a currency. LOL, nice! |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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July 07, 2012, 09:54:14 PM |
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just when are u going to take down that Bear? When bitcoin gets more use as a currency than a speculative vehicle. Even USD is used more as a speculative vehicle than a currency. LOL, nice! Touché. Ok, how about this - When the market cap is in the billions. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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