The forex-broker plus500 has now opened for bitcoin trading. 4:1 leverage, someone is going to get very rich or poor...

Even though they also allow shorting, I think this is great for the price, as they accept credit card deposits and is a very easy way for a lot of people to get into bitcoins.

Ooh, bowl is tilted to the downside. Poll: should I send 2k to Gox to crash it (1k sell + 1k wall)?

Can I buy sub-100 back or no??  

So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..

Just wait until the 10 and 21 EMAs cross... BOOM!

see here
http://www.bitcoincharts.com/charts/mtgoxUSD#rg2zigHourlyztgSza1gEMAzm1g10za2gEMAzm2g21

Thanks - from there i see ema10 crosses above - is that not a buy signal?

Ooh, bowl is tilted to the downside. Poll: should I send 2k to Gox to crash it (1k sell + 1k wall)?

Can I buy sub-100 back or no??  

oh no!!

if we don't break 100 now we may stay between 100 and 120 for ever! 
 

see what I mean?
hope and expectations ...

you bulls will never learn  enjoy this brief period in triple digits while it lasts

Oh, forgot to add:
- I will always quote in minicoins (mBTC) from now on
- I don't think we see $0.1 ever again
- I can still write puts for $0.1, PM me
- If you want to know, how much I made and how, it will be a workshop case study in my conference

This guy cant be wrong, right ?

LOL. Do you know the back story for that insanity? I called him a clown before but now it seems much more fitting.

He trades silver. Gold as well, I think. Oh, and he runs a very profitable chauffeur service, in case you need a limo for a wedding.

Maybe it's just me or maybe I'm missing something but...does it seem "odd" to anyone else, to knock someone for speculating, inside of the speculation forum?   

Both bulls and bears are crapping their pants ATM.

I personally already took my gamble buying quite a big chunk at $108ish. I felt like it. Nevertheless, up or down is only good. Up, for obvious reasons. Down, because cheap coins are always welcomed. I wouldn't mind to see all my bids filled, thus going all in, to then send all the coins to a paper wallet while I forget about this thread for a couple of years. No joking.

I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy.

Im going short here fully leveraged. This reminds me of the recent 140 high with no volume. Looking for 105ish to make me a nice 25% gain.

This is madness!

As much as I would LOVE it to go to 50, what makes you people think its not a repeat from 3rd of May?

wow, its nice price to dump some coins

another pump and dump day. too much activity on 0.01 trades.

I was surprised yesterday's session didn't fallback more. Maybe the bulls only need a little reassurance. Blastoff or crash. Always 50/50.

edit: hop http://www.forexminute.com/bitcoin/pay-in-bitcoins-for-drinks-at-this-london-restaurant-7888

oh ya their will be a rally tonight  no question.

gold & silver just took a hit.

Damn, their statement makes no sense, if there is rising volumes why only withdrawals are affected..meaning higher rate of cash out..more money out of Bitcoin 'economy' than in. Or they have cash flow issues, funds stuck somewhere like in the USA bank seizure in dwolla affair..

I agree. I also think many people will be a bit freaked out realizing that many BTC exchanges can do something like this or completely go under (e.g. bitfloor, bitcoin-24) and will be cashing out into fiat. I expect an inflation in price as people buy from Gox followed by a dip as people dump for fiat on other exchanges.

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

I think the $265 bubble was very good for BTC for a few reasons, most importantly it brought it out of the shadows and into the light of main stream media, general public, entrepreneurs and venture capitalists. It also brought it to the attention of governments and regulators worldwide. While this may seem like a bad thing in the short term it had to happen for BTC to have any kind of future.

Governments and world leaders need to understand it. They need to feel like they have some control of it. Most importantly they need to figure out how to profit from it. These types of things will continue to happen until they have all the information they need and all the regulations are in place. Right now is a fishing expedition. Maybe they are doing something wrong, maybe not, lets get them in court and find out.

^give it half a year, markets/gov will continue to crumble bit by bit. right now bitcoin is currently in the fear/desperation phase but there will be very few avenues of escape for the world financial markets when we get consumed by debt and deflate hard.

Also, keep in mind we don't need the US government for Bitcoin's success

Very true. The bubble has popped, and we are now in the process of deflating it until we hit CAPITULATION.

▼ mtgoxUSD    96.5000    
▼ bitstampUSD    90.9000    
▼ btceUSD    92.1320    

Incredible how dysfunctional this market still is. Bitstamp keeps leading the way for MtGox now.

If you are not out, get out.

Unless you are prepared to hold for YEARS and willing to lose 100%.

 

Oh right, that's not like I should expect anyone to publicly show what they are offering on the Internet.
Especially if they are the first to offer it.

Better call them to see if they forgot to include something.

Argentine here.

I'm gonna be painfully honest, but I've seen the "btc saviour of the 3rd world" used a lot and though I'd love nothing more than to agree with it, I've sadly come to the realization it is completely false.

ya think the selling is over yet?

should i buy?

Is video choppy just for me? Do others have any problems?

i guess it's going down since loaded has been arrested. just sold all my coins. RIP bitcoins

Nice found there, now I feel stupid for my wasted time arguing with that guy, a picture say a 1000 word...

No, just saying. I'm a diagnosed paranoid schizophrenic btw.
I think I've "catched it" from listening to Alex Jones.

He simply reveals some extraversions, which CAN be indicative of bipolar disorder. So indicative of bipolar disorder are thought disorders which he does not have. He speaks and writes clearly.

I think Risto was misdiagnosed. He got simply pissed off by incompetence of a hotel staff.

If what happened to him happened to you or me, the hotel staff would be left with broken noses and broken limbs.

Yes, I'm a forum stalker, not a poster, but anyone who has followed the posts knows that a large portion of the sideline cash is waiting for that scenario.  Doesnt make sense from a financial perspective to not let that cash come back into the market and cause the panic buying to new ATH. 

Well it didn't make poker stronger did it? I do know a bit about this, I ran a poker site pre UIGEA, the industry collapsed, players lost interest, only the rest of the world kept it limping along, it may never recover.

Don't get me wrong I'm a long term bull, but if you don't look at the possibility of things like this happening and protect yourself, then you're not looking after your money well.

Every single person here is enthusiastic about btc, even the perma bears - otherwise they would not be on this forum. Surely within ourselves we SHOULD discuss the possibility of something like this happening.

Ah, distinctly I remember; it was in the bleak December,
And each dipping streak of ember brought the price through the floor;
And the sick and sad uncertain trending of that crimson curtain
Thrilled me - filled me with fantastic terrors never felt before.

Of course, except now one's pump can be at home. After materials it is free-ish. I suppose it's only fair to include the cost to replace batteries (if used), panels, etc. in one's own solar charger at whatever interval required. This is the "ish" part. Maybe $2000 every 20 years...? $100 a year?

By comparison it is a rare individual who has his own oil rig and gas refinery in his backyard producing free-ish energy for himself.

OK, would anyone offer an explanation for today's roller coaster?

"We believe that we have fixed the bug that caused much anguish and annoyance over the last few days" does not seem particularly bullish or bearish.

"Scientists have discovered that investing in bitcoin causes an extreme form of bipolar disorder" is my best guess so far.

Answer: Epic stupidity. Mindless fearful idiots too busy running around screaming the sky is falling instead of reading the obvious signs that Gox will be open for business as usual in less than a week.

This will go down as yet another, "I was around when..." "Really, no way!!" moment years from now.

This is something we can speculate on freely.

1. Who would put buys at <10$ and just leave them there?
2. Who would put buys below 1M coins in the orderbook? Below 10M? Are there ("Should there be") 1M coins on Gox?

And while on the subject, is there any reason why Gox could not trade on itself with a virtual account? Any reason that account could not be unlimited? While Gox are separated from reality they could literally move the price anywhere with no cost. That conjecture is consistent with Willy's behaviour. Also traderCJ noted that bid book sometimes thins to 100-500 coins. That happened a few minutes ago and someone took a deep dump then put the bid walls there again.

It is in MtGox's best interest to end the panic asap. Their fiat fees took a plunge too.
But Karpeles is too slow / incompetent to understand this.

i hate him so much, straight up 3,000 euros of loss on his fucking site if i sold right now compaerd to 1.5 weeks ago.

This guy needs to go to fucking hell, i'll lose 1000$ total out of pocket but if it means he is gone for good, fuck him, seriously so fucking upset with his bullshit right now.

If anyone still have fiat stuck in Gox or waiting for a wire from them, please PM me and I will help you get it out.

While I have to admit I find the waiting a bind, I can't see how they can spin this out much longer -- if they present another delaying announcement it is just going to cripple the market with uncertainty.  

The tension inside Gox itself must be pretty dreadful at present and I wonder if they themselves could continue without some clear resolution today.  And while I know he's not popular here -- I do feel for Mark, he must be close to throwing himself out the window, with the business pressure alone, nevermind all the hate he gets online.

May I ask, is this the end of Bitcoin? Cant imagine but looks bad 

Have an buy order @450 on stamp but am not sure if I should buy with 60% of my money.

I notice on bitcoinwisdom Gox is now last on the list of important prices atop the page behind LTC/US on btc-e.
That's an interesting move.

It's a promo (which has followed a month long teaser campaign) for the world's first BTC bank, based in Cyprus -- Neo&Bee.

https://bitcointalk.org/index.php?topic=289730.2860;topicseen


Imagine people with barrow loads of unwanted Euros queuing patiently to buy BTCs  

How long before someone Photoshops the Bitcoin symbol onto his hat?

I found that there is an exchange (VirWox) where one can trade BTC and other cryptocoins for Second Life's currency, the Linden dollar (L$, SLL).
https://www.virwox.com/

It seems that one can buy SLLs with cash at VirWox, to use in the game, but not sell them for cash.

What is the legal status of Linden dollars in the US?  It seems that they are not considered a currency. Are they considered valuable property?

You're in since November? I thought/feared the same thing after getting in after the "popped" bubble in May and saw a steady decline for months. Turns out, this "slow death" has happened quite a few times before and is considered "normal' in bitcoin land. We're still at about 25x of where we've been this time last year.

I panic sold. That bter news put me over the edge. If I'm wrong I'll buy back in at $520. But I have some even riskier investments in some altcoins so no worries on my end. I'm hedged either way for excitement. 

<12h left to sell above 400$

ouch

BUY OR NOT BUY?  

thanks for the chart. have you noticed that the prior 3D candlestick high has been broken through like a knife through butter.

That is a higher high, watch out for the higher low, because technically this is no longer a down trend!

People, four months ago, this was exactly the game plan!! and some of you are letting it go by, or making a loss!

buy on the dip to cerca 500. this playing out as a wedge, just like five other bubbles have done, with uncanny resemblance.

There's going to be some serious fallout from the NeoBee situation.

Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.

Mervyn, I just reversed my leveraged long positon, and shorted my whole capital on leverage.

you have shown me the light.

Look to huobi, that is the market leader.

Huobi is showing a lot of strength. I expect 540 in 12 hours.

no, we genuinely LOVE it. do you know how sentiment works?

we are at a classic bottom. the worst news possible came the other day, yet the market couldnt carve out new lows.

the bears are spent. the worst is over.

Yes I have a leverage long position from 450 and Im not letting go.

Wow, I work like 3hours and stamp goes from 490 to 450 ? Oo
Did some "official" news about PBOC or something ? Or it's "only" current rumours dumping some more coins after the prices went to the 490s ?

How many business days until 180?

this is a very very dangerous market to be trading ... the latent demand is everywhere like an abundance of ions in the air before a thunderstorm, it could materialise a deluge from seemingly nowhere.

the world is primed for a new monetary medium, that is what has driven bitcoin this far already. Those who are dismissive of bitcoin as a super bubble are lost because they have no chart to compare. We have never seen a  collectible become monetised into a global medium of exchange, there are no charts to compare it with.

You trade this beast at your peril. It is a binary outcome. You're either in or out. For sure traders are gonna get burnt, badly.

You have described my situation more or less.. he he he he ... . but I am NOT selling... except a little here and there when there may be some obvious downward action.. I do expect to be in the black at some point in the near future.. but i have patience to wait it out for a couple of years if needed and continue to buy and to dollar cost average and maybe trade a little if there seems some fairly obvious upside potential.

This is just more consolidation. We might go up a few, down a few, etc. etc. The bid sums on the exchanges above 400 are shallow. Its only going to take one more major leg down to finally test 400.  Could come over a nervous weekend, could come on some more bad "news" (ie excuse) next week. That wall on Bitstamp will get its chance within the next 7-10 for sure.

i happen to agree entirely with your outlook. and also with the way you write news(i.e excuse) - i think alot of people do not understand this point.

oh deary me.  

I wouldn't expect you to. but I think this is the wrong thread. Go to Rpietilas thread. there you will find unbiased opinion, valid argument, and a friendlier environment.

+1!

Why else would you use an avatar on an anonymous forum on the internets, of you wearing a business suit, if it is not for the sole purpose of luring in those who actually think that people in suits are generally right?

So, there's a 14 year-old in another thread. Says he earned $2000 with Bitcoin. How nice

UK based?

Bitcoins on BBC R4 now - decent programme / debate show.

Guests from: Blockchain / Bitpay / Bitylicious

At the risk of sounding controversial, I think it will become a battle between lite and drk ! 

Also a contender to beat ltc of course but proposing a different angle from ltc, btc and drk... but it has competitors and has been around quite long without taking 2nd on coinmarket from ltc, which makes me think it will have a harder time gaining the traction necessary due to being old news. But that said it does seem to be getting pumped at the moment...

We will test $800 by Wednesday. when the manipulators decide.  Ebay news is too huge to ignore for a week means nothing to them.

Perhaps one day people will mourn The Great 10 mBtc Giveaway and wish they'd been there to participate.

So far, I have been buying through Coinbase, which seems to be the cheapest solution for me to obtain BTC.  So far, Coinbase does NOT allow the creation of orders, otherwise I would create orders in order that I do NOT need to watch the price so much in attempt to time my buys.   

Umm, no it isn't. 1d 3d and 1w all GREEN

Which is bullshit, unfortunately.

There is no mathematical proof that the mining problem is hard, or that it is hard to get the private key of any given address.

No one has found how to do either of those things efficiently yet, but a smart teenager may find one tomorrow.  Or may have found it  already.

But bitcoiners need not worry, if that happens not only bitcoin, but all current e-commerce protocols will be compromised...

Oh for goodness' sake, Jorge. Do you have any understanding of the maths behind this, or how long it would take to implement a vulnerability in a useful way? Either you do, in which case this is pure and simple trolling. Or else you don't, which also raises plenty of questions. In either case I hope none of your students stumble across this thread.

Thanks shroomskit for luring all of these young bitcoiners into the bull trap!
My employer is very pleased with your work and would like to offer you a permanent position. PM me

What are your thoughts on the public note in this wallet? Looking to buy cheap coins? Real deal?

https://blockchain.info/address/1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55

Public Note: Because I care about Bitcoin's integrity, I will release funds onto an exchange EXACTLY 1 Week from now. 6/19/2014 at 1:30 PM (PST). This is your fair warning.

Final Balance   29,658.79870152 BTC

bids on 572

Considering moving them down...
What do you think?

Lol, I sent some coin with a new public note saying I was the FBI SR buyer.

EDIT: Damn somebody messed it up right after me.

Just to make a further point, loads of blocks on the legit chain from GHash means that they are NOT using A LOT of their potential hashing power to make a fake chain. It is more concerning when their hashrate suddenly DROPS because they still have the power, and could be using it (in theory) to make a fake chain of greater length than the main chain full of double spends etc. Every time I see a legit block from GHash I can be fairly certain that must be using their mining power for the most obvious reason, to generate bitcoin.

Most of the present bitcoin community goes by the same mentality. They dream of technological stagnation, so they could get rich without doing any work. They wish that the technology wouldn't evolve past bitcoin. The only thing they wish is to change places with the leeches, who currently earn by interest. They wish to become the leeches themselves, who would earn by deflation.

Bitcoin used to be innovative and fun. Now it's the last desperate hope for all the cab drivers and grocery clerks. The last sad hope that maybe they will still become rich without any education or practical intelligence.
The interesting things are currently happening in the world of altcoins. Bitcoin is not about organic development of technology, not any more. Now, bitcoin is about attempts to abuse technology to feed the leeches.

Luckly, I'm pretty sure that the leeches won't win. If look at history, then we will see that technology will evolve and will overcome this blind religion that thrives on stagnation.

Most of the people here just aren't very good with investments. I'm sure that they're good at something else.

DRK has forked again.

Well, I'm pretty sure I nearly got ignored by chalkbot, but my monkey is bearish on almost all timescales now.

Ya, it will be interesting to see how the mafia will influence all of this.

nem and nxt havnt budged! lol perhaps not all of the crypto community is pathetic

I´m always honest when i post bullish stuff. I expect a wave 5 bringin us to near 800$ within the next 2 weeks.


( TO THE MOON)

 

Should I sell all my btc and move to nxt?

One more reason to be (pseudo/ano)nimous. To protect yourself from an angry mob.

You are lucky. Here in France, bitcoin-central is slow. The quickest exchange i know is kraken: 24/48h to get a sepa deposit registered on it.

I think that there are a lot of fools who dream of riches but who aren't ready to do any hard work for it.

When the price is lower than 700..
When the bears feels a little under ...
I want to buy hundred or hundreds....
But my pocket is empty like a .. something that rhyme to under :-)

I'm just a newbie,  but I've been watching this forum for bit and have been watching the emotional swings on an hourly basis and just wanted to put something out there.   Now people may laugh at technical analysis as it applies to bitcoin,  but I think it works when there is little mega news like there has been the past month or so.   If you look at Finex (since they are one of the big volume drivers lately)  from June 2nd to July 1st and draw the top resistance line (674 and 654),  and then use June 13 to the 24th to draw your bottom channel line (573 and 567) you will se the short term down trend we are on.  Draw a horizontal line on June 24th and that will show you the 566 resistance line.  If 566 holds we are following a descending triangle and it will bounce between the top resistance slope sline and the horizontal line at 566.  If it breaks 566  then I would expect support to rally around 543.  Now while I'm currently in a short from 630,  I am long on bitcoin in general.  Watch for the chart to break one or both of these patterns over the next few days or weeks,  hopefully it will break one of the resistance lines and we can go long again.

OK, I couldn't resist this one.

He calls himself "smart money", yet he's a hero member around since April 08, 2013, 03:13:50 PM, and he had 2 BTC.


Yeeaaaah, that's some reaaall SMART MONEY folks.

Not too sure why you have changed your mind from Bear to Bull within hours just because we have seen a small rebound. To me this looks like another Bull trap before going lower...

Talking about gambling addiction. I´m leveraged long LTC/BTC + BTC/USD