All posts made by Arcas in Bitcointalk.org's Wall Observer thread



1. Post 2116875 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

5 Dollar drop in seconds? What is going on?



2. Post 2116922 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Quote from: adamstgBit on May 12, 2013, 01:38:39 AM
5 Dollar drop in seconds? What is going on?

what market are you looking at?
campbx

http://bitcoinity.org/markets/campbx/USD



3. Post 2116985 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Maybe someone just sold a bunch of coins for market price and cleared out the order book. Campbx doesn't have the greatest volume. The price already rebounded to 115.



4. Post 2148131 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Campbx Depth Chart is very interesting right now: http://i.imgur.com/sZnOp82.png



5. Post 2150636 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Quote from: BitcoinAshley on May 15, 2013, 12:32:22 AM
Man, talk about a nose-dive. Glad I had my buy orders in place!

Speaking of that... CampBX is down. LOL.
Is it DDos time already?



6. Post 2150869 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Quote from: computerlamp on May 15, 2013, 12:59:30 AM
NOOOOO, I missed pg 420 xD

Also this crash is due to the dwolla thing, if you think otherwise then that's cool too I guess, I for sure can't change your mindset.

But it's due to dwolla seizure.

That is all.
Hey, I just heard Dwolla was freezing incoming transactions of FIAT currency, so I decided I should quick sell the currency that I own that can't be frozen in exchange for some currency that has a good chance of being locked down!



7. Post 2150958 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Quote from: adamstgBit on May 15, 2013, 01:11:15 AM
shit I came too late,
what happened to nice stability, I don't want to search through last ten pages?
We had some bad news or just pumpndump?
could somebody give short feedback?
just read some dwollathingyproblem...

 Dwolla sucks
Implying Dwolla froze MTGoX's account just for shits and giggles, as apposed to a Department of Homeland Security mandate.



8. Post 2151082 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Aaaaaaannndd up we go



9. Post 2151555 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

I made a killing today, how bout you guys?




10. Post 2151609 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_10.58h):

Quote from: BTC Books on May 15, 2013, 02:35:13 AM
I made a killing today, how bout you guys?



Wow!

You're gonna be hip-deep in hookers and blow in no time...
http://www.youtube.com/watch?v=r_fbUD35lHc



11. Post 2289848 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.00h):

Quote from: FundsMoney on May 27, 2013, 09:48:42 PM
5.8k to get there.

I know it's a noobish question, but ... how do you guys calculate how much btc is needed for it to go to "X" price?
I am ashamed,because I traded btc for months now, but didn't know about this.
On bitcoinity, there are two graphs. The first displays the price history, and the second bottom graph shows the order book. Any point on the order book graph shows how many bitcoins would need to be sold at each price.



12. Post 2322046 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.01h):

Quote from: ShroomsKit on May 30, 2013, 07:50:54 PM
Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.
I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.



13. Post 2322200 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.01h):

Quote from: ShroomsKit on May 30, 2013, 08:06:44 PM
Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.
I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.

Huh? Explain?
Sorry. Without verification I should have said.



14. Post 2343340 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.01h):

Quote from: bitcodo on June 01, 2013, 09:19:12 PM
I don't know, but this is bitcoin. If it looks bullish, watch for your back.

Bulls having sex, there might be a metaphor for this thread hidden in there.



15. Post 2349165 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.01h):

Quote from: BitPirate on June 02, 2013, 02:33:30 PM
^ LOL

So, what now? Another consolidation period with no volume? How long this time? A fortnight? 6 weeks? followed by a final rally just to have it spoilt by a dumper on a whim? I think that scenario would be too sickeningly boring to be likely.

"Wait and see" is over -- consolidation is pointless. Screw stability. Buy and laugh in the dumpers' faces.


That's the problem with a currency based 95% on speculation. Nobody wants to buy any if there isn't money to be made.



16. Post 2607724 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.07h):

The lines match up perfectly! It's a sign!!




17. Post 2664382 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.09h):

Feeling good about my decision to buy USB Miners for 1BTC and resell for about $180 a piece on ebay this past week!



18. Post 2664644 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.09h):

Quote from: Voodah on July 05, 2013, 10:27:41 PM
Feeling good about my decision to buy USB Miners for 1BTC and resell for about $180 a piece on ebay this past week!

Those puppies would've never gotten you that much.
http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_nkw=usb+block+erupter&LH_Complete=1&rt=nc

Never underestimate Ebay.



19. Post 2664692 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_11.09h):

Quote from: NewLiberty on July 05, 2013, 11:09:24 PM
It's all my perception and of course really crazy events aren't included in this scenario, but even with a ban in some countrys it's value won't be zero though. Wink

I agree.  Bitcoin is resilient to law.  It is not resilient from technology.
Any of the largest governments, and even some of the large banks, if they wanted Bitcoin gone, could 51% it.  They could 90% it.  We are a mote.  No mistaking it, we can go to zero.
I am optimistic, I think this will not happen, but I also recognize that it might.
It will never reach zero, because if it every reaches $.00000000001/BTC, I'll buy them all lol.



20. Post 5183588 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

http://www.youtube.com/watch?v=wz-PtEJEaqY

According to the chicken, the most prudent move is to buy. History shows that FUD is always followed with greedy speculators rocketing the price back up to normal levels.



21. Post 5183757 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: 600watt on February 16, 2014, 07:38:02 PM
That the fat fuck hasn't halted trading as the price implodes suggests something nefarious. Dropping the price on a major exchange by 80% through inaction the same as directly causing the crash in my book. I am surprised it has taken this long for some sympathetic lemming selling by big guns on the other exchanges.

Ultimately with bitcoin in the public eye, on the verge of entering mainstream adoption this is precisely what we don't want to happen. The market cap of bitcoin is down to just over 5 billion from 8-10.

If i was Mark Karpeles I would be looking over my shoulder for the next few months. People have been murdered for far less.

Silver lining: buying opportunity.

very true

if he keeps going like this, it'll be a time question before he's dead lol




would you guys mind to stop this childish/unecessary/bad style/bad taste talk about his well being ? why the fuck would anyone harm him ? if one should be to blame for losing funds on gox it is only the person itself who left funds there after all.

i never get it why in forums people behave so shitty, talk about life and death of people they donīt know as if they are commenting a hollywood movie.

I agree. This isn't Silk Road guys; if we want to be treated like legitimate investors, we can't talk about assassinating people who owe us money.



22. Post 5183863 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Blitz­ on February 16, 2014, 07:41:31 PM
would you guys mind to stop this childish/unecessary/bad style/bad taste talk about his well being ? why the fuck would anyone harm him ? if one should be to blame for losing funds on gox it is only the person itself who left funds there after all.

i never get it why in forums people behave so shitty, talk about life and death of people they donīt know, as if they are commenting a hollywood movie.

It is because they have lost a lot of money and blame him. Money brings out the worst in people, and Bitcoin will show you that.
At some point, the community has to put its foot down and stop encouraging people to invest their 401ks and talk about killing people the community doesn't like.



23. Post 5183927 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: pietje on February 16, 2014, 07:45:27 PM
I'm the best buying high and selling low. I did it buying a couple of days ago at 712, and I've done it again today,selling at 591.  Beat me Shocked  Cool

Why would you sell there if you bought at 712..
Wait a few weeks and you have a big chance we have been higher then 712.
I've never met someone who lost money by holding bitcoin in the long term. The only people who lose money in a 1000% annual bull market are the day traders.



24. Post 5184135 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: fonzie on February 16, 2014, 07:56:27 PM
Iīm officially long now (ultra short term  Cool )  Cheesy

Chooo chooo - to the mooon
http://imgur.com/gYLJVcq




25. Post 5184341 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: molecular on February 16, 2014, 08:05:01 PM
Don't be fooled! They're just trying to get access to your coins!
Ah yes, "them", our mortal enemy.



26. Post 5184500 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: stompix on February 16, 2014, 08:12:22 PM
Don't be fooled! They're just trying to get access to your coins!
Ah yes, "them", our mortal enemy.
Also , our invisible no name unknown mortal enemy Smiley
Monday, Wednsday, and Friday are the Federal Reserve
Sunday is the Jews/Illuminati
Thursday is the Bitcoin Exchanges
Saturday is all Governments and Civilization as a whole



27. Post 5184676 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: seleme on February 16, 2014, 08:22:11 PM
So, when do you guys suggest to start buying for us that are shit in trading btc vs usd?
I'm a long term buyer, so I usually only buy if the price is stable for 24 hours. It prevents me from being burned.



28. Post 5184737 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: BTC5OOO on February 16, 2014, 08:25:45 PM
Don't be fooled! They're just trying to get access to your coins!
Ah yes, "them", our mortal enemy.
Also , our invisible no name unknown mortal enemy Smiley
Monday, Wednsday, and Friday are the Federal Reserve
Sunday is the Jews/Illuminati
Thursday is the Bitcoin Exchanges
Saturday is all Governments and Civilization as a whole

-- Tuesdays dead ? =)
That's our day off. Arguing with Shills and Sheeple is a full time job.



29. Post 5185259 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: aminorex on February 16, 2014, 08:53:47 PM
Anyone care to explain to me why in the name of Lord are the "liquid" exchanges (such as presumably Stamp / BTCe) follow the Gox price trends ? Why do we need to panic buy whenever there's some random dude that buys 100 BTCs at $200 each on Gox ?! Why do we panic sell when they panic sell ?!

It's another Universe in there, that has its own rules, people !

where do you think Mark is dumping his cheap coins?




The last place anyone would expect.


Campbx



30. Post 5185293 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Mythul on February 16, 2014, 08:56:11 PM
This discussion is getting out of control. I have to say this was one if the most crazy weeks ever. Hope Monday will bring something positive and not an apocalypse.
How many Goxopalypse's have we had so far?



31. Post 5185595 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

It's 6am monday morning in Japan.

http://imgur.com/r560MMI



32. Post 5185841 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Blitz­ on February 16, 2014, 09:24:26 PM
35$ gap between BTC-e and Stamp.
Why is this? This is about 5%. Is arbitrage not functional between the two exchanges?
No one wants to lock their money up in bank transfers for a week during all this volatility I guess.



33. Post 5188149 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: medialab101 on February 16, 2014, 11:32:49 PM
If Gox goes up now would it not only be because they are prepping to withdrawl coins and sell anywhere else? Everybody else better be prepping some dollars to exploit this non-Gox dump coming up here soon.

The uptick is indicative of new fiat hitting Gox on Monday morning. I just sent $3,000 not 15 minutes ago and it is now sitting in my account.  Grin
http://www.youtube.com/watch?v=DeUVxqPU-No



34. Post 5188183 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: kurious on February 16, 2014, 11:36:30 PM
If Gox goes up now would it not only be because they are prepping to withdrawl coins and sell anywhere else? Everybody else better be prepping some dollars to exploit this non-Gox dump coming up here soon.

The uptick is indicative of new fiat hitting Gox on Monday morning. I just sent $3,000 not 15 minutes ago and it is now sitting in my account.  Grin

Fortune favours the brave... Good luck!
Stupidity is often mistaken for bravery.



35. Post 5188257 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: niothor on February 16, 2014, 11:40:55 PM
To sleep or not to sleep?  Shocked Shocked Shocked

When is Gox coming out with news?

I'm willing to bet that today is not the day for a press release.
I'm guessing that they will say something.

It won't be very informative, but it will be something.



36. Post 5188363 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Blitz­ on February 16, 2014, 11:47:31 PM
It appears that even though MtGox and Bitstamp have nearly decoupled, they are still very weakly correlated in directional bias.

I think it's quite obvious that MtGox is the main price driver at this point. The other exchanges may have decoupled but the state of MtGox and the question whether it will survive and withdrawals will be restored is still very important for the price at this moment. A higher Gox price will be associated with a higher chance of good news coming out of MtGox and this will cause other exchanges to rise as well with it.
What I have been pondering is whether this directional bias will also be the case if they reinstate withdrawals, or whether the surplus of BTC would drag down the other exchanges. I don't think this can be found out any other way than empirically, so I'm going to be watching very closely, because this will likely decide whether or not we have a longer term bear market. So far, Bitstamp looks strong to me.
I don't see why the freed bitcoin would cause more than a small glitch in the other exchanges. Bitstamp is closely linked to Coinbase, so I don't think that there will be a substantial lack of fiat.



37. Post 5188441 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote
After the doors open the price on Gox is going to shoot up to a premium very quickly. This will drag the other exchanges up with it and when the arbitraging kicks in it will reestablish the old disparity with Gox coins being 5-10% more expensive than other exchanges.
I think he is more concerned that people will take their bitcoins to other exchanges and upset the bitcoin-to-fiat ratios on these exchanges. This would only last until arbitrage kicks in, which would take about a week.



38. Post 5188452 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: UnDerDoG81 on February 16, 2014, 11:53:39 PM
Yay we going up... For no fucking reason... again... So stupid...

Get used to , we've gone up so many times with no reason , and downside also it's nothing that special anymore.

Was hoping for cheap coins but it is totally boring @stamp
If you think bitstamp is boring, take a look at campbx. It's like the switzerland of bitcoin exchanges.



39. Post 5188478 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: CryptStorm on February 16, 2014, 11:56:20 PM
You guys just seem like you could use this:  Grin


I'm still waiting for someone to factor in the meme-to-article ratio on /r/bitcoin into their trading bot.



40. Post 5188502 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Blitz­ on February 16, 2014, 11:57:56 PM
Guys, what arbitrage? USD cannot flee MtGox, that's the thing. JPY and SEPA withdrawals are very delayed as well now with 5-6 weeks plus they have ridiculously small daily quotas for the entire exchange. There can be no meaningful arbitrage with these conditions, near all the fiat funds would stay stuck at the emptygox.
I was referring to arbitrage on bitstamp, which is pretty liquid from what I can tell.



41. Post 5188558 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Blitz­ on February 17, 2014, 12:00:44 AM
Guys, what arbitrage? USD cannot flee MtGox, that's the thing. JPY and SEPA withdrawals are very delayed as well now with 5-6 weeks plus they have ridiculously small daily quotas for the entire exchange. There can be no meaningful arbitrage with these conditions, near all the fiat funds would stay stuck at the emptygox.
I was referring to arbitrage on bitstamp, which is pretty liquid from what I can tell.
How would an arbitrageur eliminate a price disparity between MtGox and Bitstamp if he does not buy on Bitstamp and sell on MtGox?
Oh, I was only talking about arbitrage fixing the price skew on bitstamp if MtGox released the bitcoins. I see we have a misunderstanding.



42. Post 5188625 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Blitz­ on February 17, 2014, 12:04:43 AM
Oh, I was only talking about arbitrage fixing the price skew on bitstamp if MtGox released the bitcoins. I see we have a misunderstanding.
Could you elaborate what you mean precisely? What I understand as arbitrage is buying at one place to sell at the other to pocket the difference. Do you just mean that people will send increased amounts of money to Bitstamp if they see the price lower than elsewhere?
Yes, that was basically what I was saying.

I suppose my wording might have been confusing. I only used it because I was referring to all exchanges originally, not just bitstamp.



43. Post 5188864 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: dreamspark on February 17, 2014, 12:11:59 AM

Could you elaborate what you mean precisely? What I understand as arbitrage is buying at one place to sell at the other to pocket the difference. Do you just mean that people will send increased amounts of money to Bitstamp if they see the price lower than elsewhere?

The situation maybe that people, particularly speculators who are in it for fiat profit will send their coins straight to stap from gox to realise a 100% profit fairly easily. If you have fiat you can still send it to gox so there is a good chance there are people with a fair bit of money that have sent money to gox literally taking the risk they will start withdrawals and they can dump asap on stamp.

I think the transaction sizes on the blockchain will show how many coins are moving after gox allows btc withdrawals albeit some, no one can know how much, will be moving to personal storage off gox but not onto another exchange.

EDIT: Sepa withdrawals from Stamp are speedy in my experience as well. Plus the general excess of coins is sure to lower the price on the other exchanges.
My only concern is that a large flood of withdrawls could drain every exchange of liquidity.

That could be very scary.



44. Post 5188933 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: Teppino on February 17, 2014, 12:23:45 AM
Once withdrawn from Gox there should be no need to dump elsewhere as you already profited from the low buy price, still i guess the fear of others blind dumping may spark a race and bring down the price.
Am i missing something?
You are falsely assuming that Bitcoin speculators are rational actors.



45. Post 5189156 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Does it bother anyone else that MtGox used the wrong "effected" in their press release?



46. Post 5189359 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

While we wait for the shitstorm, enjoy this oddly satisfying gif



47. Post 5189366 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: aminorex on February 17, 2014, 12:53:17 AM
Once BTC withdrawals are enabled, the price of BTC on Mt.Gox will skyrocket.  Why would you dump on stamp at 700 when you can dump on gox at 900?
Because you can't withdraw fiat on gox.



48. Post 5189422 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: jojo69 on February 17, 2014, 12:59:59 AM

Mesmerizing. Shocked

actually its pretty choppy with my gpus being flogged on scryptguild...lol
I always wished there was a way to use integrated graphics for a monitor while my gpu worked only on mining.



49. Post 5189738 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: spooderman on February 17, 2014, 01:24:19 AM
might send a massive wire to gox tomorrow. it's hard to resist! fiat on gox though *shudder* this could go SO wrong.
http://www.youtube.com/watch?v=DeUVxqPU-No



50. Post 5189820 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: cee-euros on February 17, 2014, 01:30:50 AM
I cannot believe stamp is just following gox like this. This is pissing me off. I thought this was over.
Thought Gox price was irrelevant now, Btc-e and stamp just mindlessly following
very frustrating trying to trade this Huh
I think it's kind of cute. It's probably bot trading anyway.



51. Post 5190000 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: stylin on February 17, 2014, 01:44:03 AM
The only explanation that makes sense: the Gox sellers are accounts which were used to fraudulently withdraw BTC using malleability attacks, and they know those balances will be invalid once Gox gets its shit together. So may as well maximize the panic to potentially buy cheap coins on other exchanges.

Did I nail it or what?
Yeah bro, this is obviously the only possible explanation.  Roll Eyes *sarcasm*



52. Post 5190477 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote
Insanely epic rally to begin soon. Cool





53. Post 5190689 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.11h):

Quote from: JorgeStolfi on February 17, 2014, 02:43:46 AM
How does one read this "Bitcoin mining profitability" chart?  Is it something to worry about?

https://coinplorer.com/Charts/PriceDifficulty?fromCurrency=BTC&toCurrency=USD

Not really. Price Stays same and difficulty increases = less profit for miners.



54. Post 5199652 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Good morning gentlemen. I see the market believed MtGox's slightly rephrased "2 weeks" message.



55. Post 5201231 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: RooKIED on February 17, 2014, 04:35:40 PM
http://www.coindesk.com/mt-gox-may-headed-bankruptcy/
Possible, but I doubt it. The shutdown had nothing to do with lack of funds, it was due to a cyber attack on a bug.



56. Post 5201587 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

I'm more inclined to believe that MtGox isn't purposefully being criminal, it's just that they are criminally incompetent.



57. Post 5201882 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: sumantso on February 17, 2014, 05:09:42 PM
Are withdrawls from Btc-e working? I wanted to withdraw some BTCs.
I thought they were only down for a few hours the other day.



58. Post 5202712 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: fonzie on February 17, 2014, 05:21:36 PM
It touched me inappropriately.   Embarrassed



59. Post 5203161 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: KeyserSoze on February 17, 2014, 06:15:47 PM
Huobi taking the lead again, Bitstamp following, Mtgox dead.

Gox is dead? It looks like they could be #1 again soon in volume. They also have the best price:
http://bitcoincharts.com/markets/
This is just their bi-annual bitcoin sale.



60. Post 5203657 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: fonzie on February 17, 2014, 06:42:47 PM
Oh God(x). Crash imminent. Gox below 300$ Shocked Shocked Shocked Shocked -> Bitstamp below 639$ BTC-E 618$
If Gox goes to zero than Bitstamp will go to 200$


(SELL SELL SELL )

http://www.youtube.com/watch?v=Lu5SJcNp0J0



61. Post 5203705 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: fonzie on February 17, 2014, 06:46:45 PM
Just after i posted Stamp plunged 10$. I am slowly becoming afraid of my influence Undecided
 Cheesy Cheesy Cheesy
http://www.youtube.com/watch?v=fBGWtVOKTkM



62. Post 5204140 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: tonyq on February 17, 2014, 07:10:24 PM
Anyone explain to me why these guys will give me Ģ400 right now  for my bitcoin
https://localbitcoins.com/instant-bitcoins/
When they could be getting them for Ģ173 at MtGox?

Serious question.
MtGox isn't selling bitcoins, they are selling MtGox-coins. Unlike bitcoins, MtGox-coins can only be exchanged for MtGox-bucks. Neither can be withdrawn.



63. Post 5207072 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Guys, what if the crash at MtGox was caused by the Scottish government. They attacked MtGox so that they could gather a large reserve of bitcoins, and when they secede from the UK and drop the Pound, they will mint their new currency backed with their new bitcoin standard.



64. Post 5207572 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: Mythul on February 17, 2014, 10:23:21 PM
Wonder if Gox can actually go to double digits. That exchange is insane !
Doubt it.



65. Post 5222245 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

I don't understand why Bitcoin ATMs are such a big deal. It's almost like a kiosk for paying a credit card bill or something. Why would I pay a ridiculous premium for something I can do for so much cheaper at my own home?



66. Post 5222278 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: runam0k on February 18, 2014, 05:37:42 PM
Is it possible to transfer USD between MtGox users?

It might be worth buying some MtGox USD (for real world BTC), converting to MtGox BTC and if all goes well and MtGox hasn't lost all the BTC, withdrawing the BTC at a later date.

Anyone brave enough?
Some people have been trying to buy Gox-bucks on the forum in the past few days. I'm not sure how they facilitate the trade, because I've never used MtGox, but some people like to live dangerously.



67. Post 5222430 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: KeyserSoze on February 18, 2014, 05:45:53 PM
I don't understand why Bitcoin ATMs are such a big deal. It's almost like a kiosk for paying a credit card bill or something. Why would I pay a ridiculous premium for something I can do for so much cheaper at my own home?

I imagine that not only do some folks not trust any exchange, there's often a bunch of time and paperwork involved to get one's account setup. ATM is seemingly less hassle. The palm print thing adds an interesting twist to it however...
That paperwork exists for a reason. Those ATM's won't avoid federal regulation forever if they don't collect user data and accept cash.



68. Post 5224614 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):


Sell Sell Sell!!!



69. Post 5225601 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Here's my situation. I spent $100 at $650 each a week ago. Not too big of a deal.

I'm thinking of spending another $250-300 tomorrow before the MtGox announcement.

If we hear good news, I could make some money.

If we hear bad news, I could lose A LOT of money.

Not sure if I want to take on that kind of risk, or wait until the market settles on the weekend.




70. Post 5229546 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: derpinheimer on February 19, 2014, 02:50:21 AM
About 10k coins added to asks on MtGox >1000
I never understood why people park their money in ridiculous orders. If, for some reason, bitcoin suddenly jumped up to $1000, I probably wouldn't want a computer automatically filling my order.



71. Post 5229558 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.12h):

Quote from: creekbore on February 19, 2014, 02:52:39 AM
Google trends update

I've included the regional interest map because it seems like the folks in the Bahamas are taking an interest in either investing or seeing how their money is doing.
Considering the Bahamas is basically a beach resort/tax haven this isn't surprising.



72. Post 5246460 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.13h):

Just follow the market and do what the insiders do.



73. Post 5248654 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.13h):

Quote from: Walsoraj on February 20, 2014, 12:59:45 AM
http://www.reddit.com/r/Bitcoin/comments/1ye90u/mtgox_establishes_withdrawal_queue/

Queue btc withdrawals, just like fiat. Might be fake. But LOL if this turns out to be Gox's solution.
According to the reddit comments, this isn't legit.



74. Post 5250611 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.13h):

I had a fortune cookie at lunch today.
It said "Smart people will take the advice of others, but only the wise will profit from it."
WHAT DOES IT MEAN??



75. Post 5250806 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.13h):

Quote from: pjviitas on February 20, 2014, 04:14:51 AM
Couldn't wait any longer...all in BTC.

I just can't see it going any much lower.
I would make an image of a graph of April 2013 with a talk bubble pointing right at the peak with the words "I just can't see it going any much lower." in it, but it's late and I'm lazy.



76. Post 5257612 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Not even an ETA for the next update. I can't see this ending well. (Except for me, because coinbase issues prevented me from buying yesterday:D)



77. Post 5257630 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: Hypnoise on February 20, 2014, 12:53:44 PM
I hate MT Gox.


why
He bought into the hype that Gox would pull through.



78. Post 5268477 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

I tried to buy in yesterday, but Good Guy Coinbase restricted my account and prevented me from buying in before the announcement.



79. Post 5269236 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Who is brave enough to catch it?




80. Post 5269301 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

I'm still waiting for the suicide watch sticky on /r/bitcoin.



81. Post 5270119 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: PoolMinor on February 20, 2014, 11:07:54 PM
Has anyone try to buy BTC from coinbase and waited the 4 days?
Coinbase is very reputable. You should be able to trust them.



82. Post 5270409 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: PoolMinor on February 20, 2014, 11:23:18 PM
Has anyone try to buy BTC from coinbase and waited the 4 days?

Yes. With a verified account, you can get limited amount instantly, but four days is actually a relatively short time to wait compared to other sources. unfortunately. Four days is typical, but it may take five buisiness days. You'll get your BTC. They are reliable.
So, if I link my credit card I can get instant access to coins? But if I just use my bank account it gives me the current price, but I won't receive coins until 4-5 business days? I suppose all of this information may be available on their FAQ.
Correct. A linked credit card will give you an instant purchase limit of $100, and this can be raised to $1000 after tier 2 verification.



83. Post 5271238 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

My house just got hit by lightning and it knocked the clocks off of the wall that I was sitting next to. It's probably the gods telling me to HODL!!!!



84. Post 5271763 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

I'm going to post this again.




85. Post 5271834 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: fonzie on February 21, 2014, 01:01:13 AM
Iīm closin my shorts(for now Cool.
Prepare for another(small) bull trap.

 Cheesy Cheesy
Agreed



86. Post 5271900 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

And now the bull trap.

Who wants to guess the peak?



87. Post 5272012 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: humanitee on February 21, 2014, 01:14:27 AM
Twas the night before Goxxing, when all through Mark's house
Not a feature was working, not even Mark's mouse
The bitcoin were slung through trades with despair,
In hopes that St. Solvency soon would be there

-snip-

Beautiful



88. Post 5272106 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Cmmon break that $100 wall!!



89. Post 5272185 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

HOLY CRAP



90. Post 5272237 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Bitstamp is starting to topple as well.



91. Post 5272264 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: adamstgBit on February 21, 2014, 01:32:31 AM
92.3 on gox

 Shocked Shocked Shocked Shocked
Bitstamp is beginning to react as well. This could be a long evening.



92. Post 5272316 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.14h):

Quote from: solex on February 21, 2014, 01:35:01 AM
92.3 on gox

 Shocked Shocked Shocked Shocked

I'm getting sick of gox. I just want it to disappear now.
Sounds like someone HODL!!!'ed when they should have SELL!!!!'ed.



93. Post 5272467 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: UnDerDoG81 on February 21, 2014, 01:47:12 AM
Bitcoinwisdom must be under attack, very slow at the moment.
Yeah, I was confused at the suprising lack of DDOS tonight.



94. Post 5272552 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: seleme on February 21, 2014, 01:53:48 AM
Spent barely half of my fiat so far Cry
Well Mr. Moneybags, you better start BUY BUY BUY!!!'ing



95. Post 5272650 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: fotosonics on February 21, 2014, 01:58:15 AM
Buy now on Stamp. Because this is as good as it's gonna get, and it won't get that good again.


Gox is still dropping. Don't catch that knife quite yet.



96. Post 5272910 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: pjviitas on February 21, 2014, 02:15:17 AM
I wish GOX would just die already
My bank transfer into my exchange isn't cleared yet, so they can die in about a week, but not before.  Tongue



97. Post 5272930 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Back above $100?

BUY BUY BUY!!!!!!!!!111one



98. Post 5272987 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Going back down?



99. Post 5273053 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Those walls around $100 are growing. Gox might stabilize at $100 for a few hours.



100. Post 5273111 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: adamstgBit on February 21, 2014, 02:29:12 AM
Those walls around $100 are growing. Gox might stabilize at $100 for a few hours.

i would not be surpized to see gox bounce to 200

you can make a killing right now arbing gox and bitcoinbuilder
Well speak of the devil.



101. Post 5273156 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Someone is pumping gox hard right now.

I wonder if the market will accept the new price.



102. Post 5273314 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: MatTheCat on February 21, 2014, 02:40:51 AM
Ah of course. All that selling on Stamp is done by wolves and not by idiots panicing because Gox going down. Yeah silly me, how did i not see that.

And who were the 'idiots' doing the selling before Gox was going down? More 'Sheep' I suppose.

Perhaps you are the idiot and the sheep? Afterall, you are the fkn clown who has lost more than half your net worth through holding your Bitcoin way too long after the top of the wildly over-extended market was in and are still holding, blaming 'the sheep' all the way down.

Be very worried by the way. This whole grind down has occurred almost without a single whale taking a dump. Just once, just after midnight (UK time). The 'support' at $540 clearly isn't happening. Gonna be some whales witnessing this and getting very nervous.
I just googled "Sheeple". The results were... interesting.



103. Post 5283685 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Home sick today with no funds on an exchange to play with. Kind of sucks.



104. Post 5288531 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Someone tell Mark to keep his mouth shut until Tuesday. My bank is being slow.



105. Post 5288946 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: Yololintian on February 21, 2014, 09:24:10 PM
Is there a way to short goxcoins? or btc in general besides bitfinex? but most importantly goxcoins...
Buy USD  Tongue



106. Post 5290588 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: adamstgBit on February 21, 2014, 11:30:50 PM
Who the hell is deleting so many posts from this thread?

In a self-moderated thread? Perhaps the moderator, AdamstgBit.

it wasn't me, I very very rarely delete any post...



107. Post 5291391 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: adamstgBit on February 22, 2014, 12:29:11 AM

Please explain what you find 'strong' about this 'support' at $530?

well

1) we have tested it 3 times now and not broken it  ( maybe sellers realize they are getting ripped off if they sell a bitcoin for less than that, no matter what FUD is going around)
2) may star daily candles, indicating disagreement on price...  (  no shit FUD is scaring poeple into selling, while anyone with half a brain knows bitcoin is going places. )
3) volume speaks volumes
4) because i say so.
This is irrelevant, but are you planning anything special for your big 10000?



108. Post 5292590 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: kkaspar on February 22, 2014, 02:31:08 AM
AH HA!
clearly oversold

what do you say to that Mr IHaveNoBitcoins.  Cheesy
I say that I was somewhat embarassed by the failed prediction, but I will stubbornly carry on until the Chinese learn to pay attention to my postings.  Wink


Traditional market trends don't mostly apply with cryptocurrencies. Remember, that bitcoin trading is done on unregulated exchanges, meaning that there is no regulation to stop an exchange owner from doing insider trading. Meaning that the price is probably set buy guys, who know the plans and routines of everyone else. The best way to speculate the future is to see, what is the most profitable way for the market owners. Trying to use traditional trends will only get you trapped more, then it will give you success.
Yeah. Markets normally fluctuate on sentiment, or a general change in trust. A market that spikes up and down >50% daily based on announcements is unhealthy and immature.



109. Post 5292825 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: creekbore on February 22, 2014, 03:04:29 AM
Ditto for the "network effect" and "first-player advantage" that were supposed to prevent the appearance of alternative coins.  

Supposed by whom?  Clearly these factors do not inhibit the creation of infinitely many worthless coins.  Nor do those worthless coins inhibit the aggregation of value to the Bitcoin economy.  
Quote

supposed  suggested by many in 2011/12

Or the myths about crypto-payments being untraceable and impossible for governments to restrict, tax, or regulate.
These are media myths, and have never been promulgated as such by any knowledgable members of bitcoin community, during the history of my involvement.  They have little enough bearing on the value of Bitcoin.
Quote

You've only actually been registered here since September, so that's quite a short time.  Irregardless, I think you under-estimate the value of perception (as opposed to the 'truth').

Anonymity is profoundly beneficial to those who need it, and of no import to those who do not.  
Quote
I believe everyone has an implicit right to anonymity -- your statement infers an explicit or ulterior motive for wanting anonymity.

And, of course, a newbie who does not own any bitcoins will probably have a more dispassionate view of probabilities and possibilities than an old-timer who invested several years of work in the project, and owns a few thousand coins.
However, we know that you are not dispassionate in the least, as your extensive postings have proven.  You have an anti-Bitcoin agenda.  Pretending otherwise is disingenuous.
Quote

I think Jorge made it clear his distinction between applications for the tech v investing in Bitcoin/Bitcoin as a speculative vehicle.
I see no pretence.

* I am not a libertarian.
So you say.  I think you are a libertarian, for your self, and a fascist, for others.  I doubt you even understand what "libertarian" means when you attempt to draw a contrast by saying
Quote

I hardly think Jorge is a fascist -- is everyone who disagrees with you a fascist.
I'm inclined to call Godwin on this. Roll Eyes

But perhaps you should make clear your view of libertarianism.  I could seek a definition online but I know my 'perceptions' from the media, here in Australia, so the contrast should be interesting between what you think I should know v. my perception of the 'local' information.  

I do not trust governments, even those that I voted for; but I believe that they are essential, and should be democratized, opened, and held on a short leash, rather than abolished.

because libertarianism does not seek to abolish governments, make them autocratic or closed, or liberate them from restraint.
Quote
 

This is an example of my point above: because every libertarian I see on tv/in the papers here says "first off, get rid of the govt".

But, fortunately, I have no fear that bitcoin will do that.
I have hope that when banks and governments collapse in chaos, bitcoin will provide an independent anti-fragile means of promoting trade and well-being in their absence.  Indeed I am quite certain that it is an effective safety-net for us all in that regard. Bitcoin may yet save your life.  And you will be resentful, I suspect.
Quote

If banks and governments collapse then there will be wars, death, social unrest, more death, poverty -- perhaps there will be a perfect storm as the effects of climate change impact causing famine and mass migration.  But wait....here's Bitcoin.
Melodrama.

So I see absolutely zero chance that governments and banks will just sit there, sucking their thumbs and whining, while a small ill-coordinated band of nerds robs them of their powers and profits.  If that is what bitcoin means to you, prepare to be severely disappointed.

"governments"  and "banks"  are not malign monolithic conspiracies.  They are made of people doing their jobs and pursuing their agendas.  Your view is paranoid.  

So "governments"  and "banks" are valuable and efficient organisations....but they are going to collapse? I'm confused. Wink

I don't think the two are similar at all, perhaps its more a parasitic relationship.  The first tends to monolithic and run by people with no agenda doing the best they can while trying to get money from the second organisation which is completely driven by a single agenda: make more money.  Simplistic but hey.

But they will get out the guns out before they will allow the edifice to fall.  History shows us this.

Very long quotes are cumbersome.



110. Post 5292858 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: aminorex on February 22, 2014, 03:08:02 AM
Indeed. How about if one replaces "US dollar" with "dollar"



I bought a pack of those, and I hand them out to people, to remind them of the value of a hard-earned dollar.

Every fiat currency in history has ended at zero.  That's the alternative future which Jorge prefers:  All of your savings, all of your labor, all of your power in this world, is to be converted into material wealth in the hands of your superiors, your masters, your owners.  

My great-grandparents used hard currency.  They were free.  My grandparents lived under the FRB.  They were perhaps 90% free.  My parents never saw gold circulate.  They were perhaps 75% free.   I saw the end of silver circulation.  I have been perhaps 50% free.   My daughter has never seen hard currency.  The excruciating trend is that she will be perhaps 25% free, that my grandchildren will only see plastic and digits, and will be nigh 100% enslaved.  

Bitcoin and the collapse inherent in exponential debt systems gives me hope that there is another possible future.  One in which, for a time, in a place, the boot will not come down on our faces, or the faces of our children.  People have given their lives for lesser hopes.

My opinion isn't popular here, but fiat currencies are backed by national governments. Isn't that worth more than lumps of conductive metals?



111. Post 5292898 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: Davyd05 on February 22, 2014, 03:14:45 AM
I don't see how people are posting that sepa withdrawals are being processed, yet many are still screaming insolvency Cheesy
Shhhh... My wire doesn't arrive until Monday. MtGox can be solvent after Monday.  Grin



112. Post 5293113 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: aminorex on February 22, 2014, 03:31:55 AM
My opinion isn't popular here, but fiat currencies are backed by national governments.

How so?  They always take them to zero.  I'm not sure I'd call that "backing".

They are legal tender, so businesses are required by law to accept it. That has as much value as any shiny stone or metal. You can't eat gold or diamonds.



113. Post 5293138 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: billyjoeallen on February 22, 2014, 03:36:49 AM
My opinion isn't popular here, but fiat currencies are backed by national governments. Isn't that worth more than lumps of conductive metals?

Fait currencies are backed by guns. Our currency is backed by math. Which is more reliable?
Guns are pretty convincing when you are the one staring down the barrel.

And Bitcoin isn't backed by math, it's backed by faith. Numbers have no inherent value. There is no mathematical reason for Bitcoin to be valuable besides the trust we place in it.

Every Shitcoin in the alt board is backed by math as well. It doesn't make them valuable.



114. Post 5293388 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Quote from: KeyserSoze on February 22, 2014, 04:06:20 AM
Ditto for the claim that Governments cannot stop bitcoin.

It must be a semantics issue which you're hung up on with regard to this issue. Governments cannot stop Bitcoin. They can ban it or otherwise criminalize it but that won't stop it from being used. I guess the only way we'd know is to give it a whirl.
Can't they force ISPs to block the protocol?



115. Post 5293881 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.15h):

Bitcoins aren't like Assault Rifles or Cocaine. If made illegal, bitcoins are next to useless.



116. Post 5303514 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: spooderman on February 22, 2014, 06:14:01 PM

I think it's do to a post on the front page of /r/bitcoin that is causing the pump.



117. Post 5303622 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):





118. Post 5303912 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

That pump lasted a good hour.

Now comes the dump.



119. Post 5304025 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):




120. Post 5305593 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Fucking Theymos, get your shit together.



121. Post 5306345 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: seleme on February 22, 2014, 09:40:00 PM
Ukrainian government has fallen. President has fled.  

Fled to Kharkiv.  East Ukraine vs. West Ukraine split perhaps?

Yep, he fled off to area where prorussians are majority. That's far from over yet, I'm afraid, specially if Russia gets involved.
I think the important question is, How can we profit from this?



122. Post 5306558 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

I'm glad that Bitstamp is ignoring the price movement on MtGox for the most part.



123. Post 5306676 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: seleme on February 22, 2014, 09:57:23 PM
I'm glad that Bitstamp is ignoring the price movement on MtGox for the most part.

It's not ignoring it.
$605 for most of this afternoon is pretty stable.



124. Post 5308601 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

I'm feeling pretty bullish in the short term right now.



125. Post 5308717 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: Jeezy911 on February 23, 2014, 12:28:00 AM




126. Post 5308887 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: NewLiberty on February 23, 2014, 12:45:14 AM
The mtgox problem isn't solvency, so much as it is competency.
Exactly. MtGox is either criminal, or extraordinarily incompetent.


Past history points towards the latter.



127. Post 5309399 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: Richy_T on February 23, 2014, 01:26:40 AM
The only conclusions I can come up with as to why Mark wouldn't hire more knowledgeable help are:
1) paralyzing paranoia
2) paralyzing thriftiness
3) fear of discovery of some misdeed

#1 seems unlikely but reasonable. His company has his hands on untold treasures. Bitcoin is still a treacherous community.
I'd rule out #2 in all seriousness because there are cheaper coffee brands.
#3 seems frighteningly the most possible to me.

Hubris, messiah complex...
Or he could just be fucking retarded.



128. Post 5309933 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Quote from: seleme on February 23, 2014, 02:05:33 AM
Please Bitcoin, explode to $5000, I want to move to Turkey and buy something like this:

http://www.tuerkei-immo.org/Immobilie-in-Alanya-Details32241.htm#

Guys, I got sick watching these beatiful and extremely cheap houses in Alanya  Cry
But then you have to live in Turkey.



129. Post 5310823 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.16h):

Any reason for this rise?


Fuck these irrational markets. Bitstamp rises because MtGox rises. Then MtGox rises because Bitstamp rose. These two exchanges are jerking each other to the fucking moon.



130. Post 5328621 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Fall baby fall.

My money arrives at the exchange tomorrow.



131. Post 5328777 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

That stupid whale is probably Mark trying to sell before an announcement.



132. Post 5328793 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: adamstgBit on February 24, 2014, 03:09:27 AM
or mark maybe its mark
Baby's first insider trade



133. Post 5328828 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

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



134. Post 5328861 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: FNG on February 24, 2014, 03:14:50 AM
http://online.wsj.com/news/articles/SB10001424052702303426304579401883794330454

MtGox resigns from bitcoin foundation
Is this legit? Holy crap.



135. Post 5328880 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: seriouscoin on February 24, 2014, 03:16:23 AM

Holycrap yourself, why are you surprised?

Not surprised, but this is probably the cause of the market instability. Most of us on here thought it was the whale on Bitstamp, but apparently not.



136. Post 5328909 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: seleme on February 24, 2014, 03:18:23 AM
Not surprised, but this is probably the cause of the market instability. Most of us on here thought it was the whale on Bitstamp, but apparently not.

This news should in no way influence Bitcoin price.
It could imply that MtGox doesn't have any good news, or has a bad announcement. I would recommend shorting.



137. Post 5328939 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: seriouscoin on February 24, 2014, 03:20:35 AM


What? why? ... No... stop making nonsense.

What does it matter ANYMORE if hes a member of Bitcoin foundation. Infact noone gives flying fck about that BS organization.

MtGox is down 30% in the last hour. Markets don't fall 30% for no reason.



138. Post 5329028 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: Walsoraj on February 24, 2014, 03:28:18 AM
http://www.reddit.com/r/Bitcoin/comments/1yre42/mt_gox_ceo_resigns_from_bitcoin_foundation/

http://www.reddit.com/r/Bitcoin/comments/1yrezh/roger_ver_aka_bitcoin_jesus_posted_an_update_to/

MtGox going to $0.
That youtube video is from July. Nice try FUD'er.



139. Post 5329073 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

I'm waiting for someone brave enough to take a bite out of that wall.



140. Post 5329133 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Someone bit the wall and it disappeared!



141. Post 5329182 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: seleme on February 24, 2014, 03:40:54 AM
This one is serious. 400 BTC taken from it and he stands firm.

Why does my bitcointy chart show he withdrew his sell bid?



142. Post 5329192 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: seleme on February 24, 2014, 03:43:15 AM
I don't know, it's still there on Bitstamp.
It keeps flashing in and out. Strange. Now it's back.



143. Post 5329316 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Looks like Gox isn't done dropping yet.



144. Post 5329347 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: adamstgBit on February 24, 2014, 03:56:43 AM
Looks like Gox isn't done dropping yet.

gox is going to 0 didnt you hear mark resigned from the foundation
I would have thought the market would have already reacted to that news. It's been about 30 minutes so far.



145. Post 5329404 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: ChartBuddy on February 24, 2014, 04:02:43 AM

Explanation
LOL



146. Post 5329466 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: analytics on February 24, 2014, 04:06:40 AM
"Ok, so you understand orders can be cancelled after all other orders ahead of it are complete. What would removing the wall after every nibble do, and then replacing it? Nothing. "

Wrong, it scares people exactly as it did here, or excites them, into action.   Evidence is already at your feet.
The people on the market think, "I have to do something. This person obviously knows something that I don't. I better sell just in case."

And with a history of insider trading, who could blame them?



147. Post 5329495 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

MtGox just spiked. I guess people thought they saw the bottom of the dip.



148. Post 5329541 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: surfer43 on February 24, 2014, 04:15:42 AM
Good news guys, Mt. Gox is down to 170 again  Shocked  Smiley
I woke up this morning crying  Cry that I hadn't bought at 220 because I hadn't bought at 160  Cheesy
Well lucky me, I didn't buy at 330  Grin

Hope you got your goxcoins while the getting was good.  It's snapping back pretty hard now.
No. I think I've learned my lesson now  Cry. Hoping this is a bull trap
It looks like a textbook bull trap to me.



149. Post 5329579 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.17h):

Quote from: derpinheimer on February 24, 2014, 04:18:51 AM
220  Cry
bull trap do you think?

Normally, Gox storming up would have the other exchanges following it automatically. However, Bitstamp has this 8.5K wall and obviously will not budge, thus is holding the multi-exchange, 'recovery' back.

Lets you see how automated most of it all is.

Gox has its own monster 1.2k bid wall.

WOWOWOWOW Tongue




It's not quite as impressive if you look at the $ amount.



150. Post 5345629 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: traderCJ on February 24, 2014, 08:59:20 PM
Stamp below BTCe? What is this sorcery?

Gox coins being dumped on stamp.  Those are some "lucky" beta testers ..  Roll Eyes
If by "luck", you mean sucked Mark's dick, then those would be some very "lucky" beta testers.



151. Post 5348833 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Looks like our old friend the Bitstamp wall of doom is back.



152. Post 5349008 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: dreamspark on February 25, 2014, 12:07:45 AM
and its gone. Dump incoming?
Pump incoming.



153. Post 5349144 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Gox is freaking out for some reason.



154. Post 5349311 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

This looks like the bottom.

edit: Holy crap stamp broke 520 nvm



155. Post 5349370 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: tarmi on February 25, 2014, 12:31:14 AM
This looks like the bottom.


CONFIRMED
I WAS WRONG OK.




156. Post 5349390 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

I may have been wrong, but I didn't catch the knife. That was just a guess, I'm HODL!!ing this dip.



157. Post 5349409 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: UnDerDoG81 on February 25, 2014, 12:33:31 AM
Cant login to stamp Iīm on an computer of a friend. How big is the wall @500 on stamp?
https://bitcoinity.org/markets/bitstamp/USD



158. Post 5349604 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: relm9 on February 25, 2014, 12:46:36 AM
Coinbase ran out of coins for today, seeing this message

Quote
Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Feb 28, 2014 at 04:45PM PST after your funds have arrived. read more

 Grin
Oh boy, this is going to be good.



159. Post 5350063 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Gox clearly wants to pump, but Bitstamp and Bitfinex are pushing down.



160. Post 5350169 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: windjc on February 25, 2014, 01:24:22 AM
This forum has officially gone to shit.

Enjoy yourselves. I'm outta here. Not that I will be missed by many, but I wish you all the best.

You might see me again on the next upswing or if they decide to reenact newbie restrictions. Au Revoir.
See you later alligator.



161. Post 5351035 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: octaft on February 25, 2014, 02:08:46 AM
Haven't seen any trades on Gox in about 10 minutes. Is trading down?
yes



162. Post 5351397 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

These exchanges man, I don't even.



163. Post 5351671 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

The title mentions MtGox insolvency, but they never mention MtGox being insolvent in the article.



164. Post 5351735 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: JorgeStolfi on February 25, 2014, 03:17:51 AM


Fixed That For Them.

Cheesy Wonderful!



165. Post 5351785 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: mb300sd on February 25, 2014, 03:19:32 AM
EVERYONE... they just changed it from "Joint statement regarding mtgox insolvency" to "Joint statement regarding mtgox"

anybody have a screencap of the original?

They did not, noob scammer poster just edited the link. This works too. http://blog.coinbase.com/post/77766809700/joint-statement-regarding-my-asshole


I still had the page open.



166. Post 5352014 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Why aren't the exchanges crashing is my question.



167. Post 5352144 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: hyphymikey on February 25, 2014, 03:39:10 AM
I won't be happy until Mark is in jail or in a coffin. A lot of people lost a lot of money because of his shithole magic the gathering online xchange.
But how many people gained money because of MtGox?



168. Post 5352343 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: Walsoraj on February 25, 2014, 03:49:07 AM
Anyone else starting to suspect that the recent large sells on Stamp were by someone who knew about the statement in advance?
Do you think someone would do that, sell bitcoins with information other people don't have?  Roll Eyes



169. Post 5352396 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.18h):

Quote from: creekbore on February 25, 2014, 03:52:02 AM

But Fonzie is long so its all good.
Haha that's all that matters in the long run.  Cheesy



170. Post 5352737 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.19h):


I'm exhausted. Good night guys, save some cheap coins for me when I wake up please.



171. Post 5373555 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

Quote from: BRADLEYPLOOF on February 25, 2014, 10:56:20 PM
I've heard several things on NPR about bitcoin and "Mount Gox."  I just want to call them up and tell them they're mispronouncing it.  It should be "Mount Jokes"
I pronounce it "Mount Cocksuckers"

Potato Potahto



172. Post 5374414 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

Quote from: SheHadMANHands on February 25, 2014, 11:54:03 PM
Mark Karpeles is, without doubt, the worst thing to have ever happened to Bitcoin.
MtGox played a huge part in getting Bitcoin to this point. MtGox is also probably the best thing to happen to Bitcoin.



173. Post 5375897 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

I bought in at $540 on coinbase the other day. Feeling a bit better about my buy to say the least. Not the best, but that's what I get for breaking my golden rule of buying bitcoins.

Golden Rule: Never buy Bitcoins without watching the market for at least 6 hours.

I'm more of a buy-and-hold person, but I do enjoy margin trading on Bitfinex as much as the next guy.



174. Post 5376074 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

Silk Road and MtGox were providing about 90% of Bitcoin's bad publicity. Now they are both gone.



Next stop, Moon.



175. Post 5377394 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

Quote from: seleme on February 26, 2014, 03:41:55 AM
Lol, imagine what a shit it is to destroy hundreds of thousands of bitcoins  Grin
They probably make a cartoonish popping noise when they disappear.



176. Post 5377537 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

Quote from: marcus_of_augustus on February 26, 2014, 03:48:37 AM

Karpeles' master plan ... burn all the coinz!?
I have a question if you don't mind answering. What is the strange looking operator in your profile picture? Every time you post I can't stop wondering what it is.



177. Post 5395182 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.20h):

With Gox gone, I don't see why we won't shoot right back to $750 where we left off pre-goxacalypse.



178. Post 5396313 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.21h):

Quote from: UnDerDoG81 on February 27, 2014, 12:37:27 AM
No rally tonight?
We've been rallying all day.



179. Post 5396829 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.21h):

Quote from: Dragonkiller on February 27, 2014, 01:18:27 AM
lol have you guys read the replies here?

https://twitter.com/Sen_JoeManchin/status/438762073527705600


Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin.



180. Post 5396992 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.21h):

You can do it Bitstamp. Just $2 more. I believe in you.



181. Post 5397729 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.21h):

Quote from: Walsoraj on February 27, 2014, 02:27:47 AM

Current speculation is that they exist (they are stolen but they still exist). A minority believe the private keys have been lost (in which case they are truly lost and this is super bullish).

Edit: Almost certainly it is one of these two. I highly doubt Gox has the coins.

The third most popular theory is that Mark spent everyone's funds on frappuccinos.
In related news,


Coincidence? I think not!



182. Post 5398030 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.21h):

If the Bitstamp market could make a sound, it would probably sound like a balloon slowly deflating.



183. Post 5398737 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.21h):

Quote from: JorgeStolfi on February 27, 2014, 04:02:32 AM
Chinese Slumber stuff coming next.  Think of it as the nightly chamomille tea of this thread, it will bore you to sleep.



184. Post 5668859 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.26h):

Man this volume sucks.

So slow.




185. Post 5669116 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.26h):

Not sure what this conversation has to do with Bitcoin Bid Walls, but it sure is damn interesting.



186. Post 5669451 (copy this link) (by Arcas) (scraped on 2020-04-04_Sat_12.26h):

Bitstamp is pushing up and up, but Bitfinex doesn't want to follow. Strange.