Tell that to the libertarians here

You could always find a registered Gox user you trust to transfer the coins to his/her account and get them from that person. 50 BTC are 50 BTC, maybe you can easily say "only" about that amount, but it's certainly more than I'd want to lose. Not to forget what it might be worth in a year or 2

I'd be willing to help (as a registered Gox user), but as I'm a forum newbie, there's little to demonstrate my trustworthiness... But as you seem to be willing to let go of it entirely, it might be worth a try

Absolutely!

According to their new press release ( https://www.mtgox.com/press_release_20131011.html ), they've already migrated to the new hardware. However, took me a while to understand this (is it me or is it their Goxish writing?)

Edit: While I think that new infrastructure and a faster trading engine is definitely needed on Gox, this isn't the most anticipated news everyone is hoping for... WE WANT WORKING WITHDRAWALS 

I love you, too   

Personally I don't care about Gox withdrawals -- I don't have any coins/fiat left there. But if there's one thing Gox better had fixed already last month then this.

Well, not yet... But I agree that they're useless in this regard.

Anyway, I was thinking to write "...working fiat withdrawals", but that would've broken the alliteration 

Anyone seen already that China's biggest search engine Baidu just started to accept BTC payments?

https://bitcointalk.org/index.php?topic=310962

Might be another good reason for the recent rally -- and for more rallies in the future

I think it isn't only arbitrage. New money is flowing into the exchanges, and of course people send it where a) the BTC price is lower, b) money transfers are known to work reasonably well.

Both lets new buyers prefer Bitstamp over MtGox...

Absolutely! You should fit an exponential growth law (Which you did essentially by taking the log() of the price). Anyway, an average 10-folding time of 10 months is impressive! Let's see how long BTC can keep this up!

Question is: will we see it again on BTCChina, or will the next 1337 be in USD on BitStamp?

New money just arrived. I saw the Bitstamp asks reappear on Bitfinex (they disappear when BFX's USD reserve on stamp are down to zero), and immediately stamp started to spike. Of course it isn't only BFX money that arrived on stamp, but probably all transfers today arriving at this time.

They said in their general service thread here that they're sending funds every day ( https://bitcointalk.org/index.php?topic=229438.msg3555611#msg3555611 ). So they should be available at the typical bitstamp bank transfer arrival time, which is around 8-12 UT.

This isn't correct. You can do leveraged margin trading on Bitfinex (which also allows you to buy/sell on Bitstamp) and increase your stash of coins by that. A margin trade should be closed from time to time; in case of going long that means selling the coins you bought with borrowed USD.

Well, that's still the problem with many Bitcoin services: they've gotten overrun by bitcoin's and their own success and they're struggling now to scale their technology to an adequate level quickly...
 
BTW: new USD arrived on stamp, Bitfinex users can buy again on stamp :-) Let the rally begin

We'll see. So far the core developers seem confident that things like max. block size _can_ scale up... Whatever that means.

Currently I'm only referring to the exchanges that are struggling under the increased load...

WTF!? The founder of the JPL was the Antichrist? How could I miss that so far! What a strange collection of conspiracy theories on that site...

I like the story about your father but didn't he ask you last time already what he should do with all the money?

Maybe you should write the story up nicely in a separate thread!

And why didn't you write there that it's a brain wallet? If the phrase is too simple, it's easily cracked. OK, let's close it here for now because of off-topic. But why move it to reddit (I don't have an account there and don't care to join for now), and not just open a new thread here?

Some traders/bots are generating the volume by buying/selling to themselves. No fees, no loss from that. I'm sure that this can be utilized for making money, and I'm even more sure that if you can make money from it, someone is doing it already.

It's growing rapidly -- yesterday it was still less than 160$

On this side of the pond we don't care about superbowl 

I think he has a point: dreamspark quotes the bid/ask ratio as a ratio of BTC : BTC. porcupoine87 demonstrates that this way of putting the bid/ask ratio is pointless, because it can easily be manipulated.

@dreamspark: I suggest using a USD/BTC ratio for the bid/ask sum because this way it's independent of this kind of manipulation.

I like wisdom a lot, too -- especially for viewing the trades in real time. But "can be done in a browser"... have you ever tried tradingview.com ? It's an amazing tool for charting, in that field it's way ahead of bitcoinwisdom. Even more impressive in terms of what can be done in a browser.

There's one thing about this pumposaurus I don't like: it isn't even 2000 USD tall! I'd prefer a log-pumposaurus

That's the point I was trying to make

If you sell when you see the price going down it's usually too late. It'll change direction sooner than you think. This "trading strategy" is one of the best guarantees that you'll lose your money.

Either buy & hold (especially now that apparently the downtrend has been broken), or educate yourself about trading. Learn to identify tops and bottoms, understand the basic indicators, identify support and resistance levels. Cut losing trades early and let winners run. Start practicing on a very small trading budget and don't add more funds before your trading profits are consistent because greed for bigger profits is what makes people lose eventually. And never forget to zoom out to see the bigger picture: Trade the larger trends, not the small fluctuations (unless you really want to go into scalping).

If this is what you want, take a look at tradingview.com . It's an amazing charting website and it offers plenty of tools for free. The community chat is also quite useful, I've learned a lot there! Many people are quite knowledgable about charting and trading BTC, some are just trolling. Just make sure you'll keep your own judgment because in the end even the most experienced trader can't predict the future, chart analysis just helps you to improve your odds above pure gambling

It's definitely a bug. And without further information pretty useless. Which website is that supposed to come from? Which exchange is it showing?

What? I thought they offer up to 3x on MT4... at least a couple of months ago they did when I tried it...

Source for BFX: https://bitcointalk.org/index.php?topic=229438.3960

It's a bit hidden in their examples, but they're clear in their answer to my request about it.

To my surprise, the feedback about 2.5x / 1.5x in that thread is mostly positive, apparently mostly lenders who are getting increasingly worried in the current situation.

In general I agree that their changes make sense, but I don't like the reduction in leverage. In November 2013 I could still take 4x leverage on BFX!

spooderman, I just wanted to say thank you for sharing this story with us. I think it's great to see that he was showing interest at all and he had even heard of Bitcoin already! This shows how far we've come already, although there's still plenty of room for real adoption. I absolutely agree that older people often may not care about new technology, but are still lovely and in no way deserve being insulted for it.

Agree about the tree shaking. Doing this very close to the trendlines probably supports their cause to make people more willing to sell... Bitcoin has a history of fakeouts, so in my books this isn't a clear break yet, especially as on huobi the support line still looks more or less intact.