Did that wall on our exchange at $335 just get eaten or was it moved?  

Quick question, something that has always bothered me about gox.... why is mtgox located in Tokyo, but doesn't do any BTC/Yen services? I know that USD is kindof a global currency, but why no Yen to bitcoin exchange? Where's the japanese investors in all this?

I reside in Japan, have a Japanese bank account (in ¥ and USD), have gone through all the bullshit to get 'trusted' status for large withdrawals and I still can't arb. I thought getting trusted automatically gave you the withdrawal increase bump but apparently you have to request it. I requested it over 10 days ago and still no increase. On top of that, the withdrawals I've tried to make in USD to my Japanese account have all been cancelled and support hasn't gotten back to me with an explanation why. THUS, the artificially high prices... impossible to arg Gox I imagine.

anybody else is unable to withdraw BTC from btc-e?

Bitstamp BTC Proof of Reserves, May 2014
Dear Bitstamp clients,
To reassure clients, Bitstamp regularly performs a procedure to prove its BTC reserves.
On May 24th, 2014, Mike Hearn of Vinumeris GmbH, bitcoin core developer and prominent member of bitcoin community observed Bitstamps proof of reserves procedure. Reserves were proven by conducting a Bitcoin send-to-self transfer.
Details of the procedure are provided in the PDF linked here:
https://www.bitstamp.net/s/documents/Bitstamp_proof_of_reserves_statement.pdf
In summary, Bitstamp held 183,497 BTC its cold wallet fully covering both the clients funds held at Bitstamp and the clients funds on the Ripple network.
Additionally, a financial statement audit is in progress.
Best regards,
Bitstamp team

where are you located?

they changed it for me as well, what a disappointment, I use Unicredit bank as my personal bank and all transactions to/from bitstamp are proceeded the same day at max the next day, even Nejc doesn't seem to answer to my messages anymore, I've heard that he is no longer living in Slovenia, someone told me he lives in the Netherlands (I cant confirm I didnt talk to him for months). although the offices of bitstamp seems to be still here in Slovenia...

He is joining a syndicate this time.  So, probably, he does not intend to buy even a whole lot of 10'000 BTC.

Anyone seen this?
https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3
That's a lot of bitcoins...

Lawsky said, on 1/9, that BitLicense would be announced "within days". Quoted from the WNYC link above.

i think ETF is around the corner then ?  i think this is very interesting gentlemen

Well Stamp is likely to slip further into a coma but Bitfinex will be fine, regulated exchanges wont offer margin. However with the exchange supposedly being insured general buying and selling is likely to move to more regulated avenues.

bailout 2.0.

if you hold bitcoins you will pay for chinese losses.

This is the relevant story. Buying has been picking up since a few hours ago...

Isn't that old news ?

CAVIRTEX News
Feb. 17, 2015, 12:12 p.m. - CAVIRTEX shutting down

Effective immediately, CAVIRTEX intends to cease carrying on an active Bitcoin business and will be winding down its operations in an orderly manner. As a result, effective immediately, no new deposits will be accepted by CAVIRTEX. Trading on CAVIRTEX will be halted effective March 20, 2015. Effective March 25th, 2015, no withdrawals will be processed. CAVIRTEX will communicate with any account holders that continue to hold balances after March 25, 2015.

We have maintained 100% reserves. CAVIRTEX is solvent and remains in a position to accommodate all customer withdrawal requests received prior to March 25, 2015. However, On February 15, 2015 we found reason to believe that an older version of our database, including 2FA secrets and hashed passwords, may have been compromised. This database did not include identification documents.

Because security and the safety of customer funds are paramount to our mission and the success of Bitcoin in general, CAVIRTEX has determined to cease active operations in the Bitcoin business and to return all customer funds. We believe that the damage to the company's reputation caused by the potential compromise will significantly harm our ability to continue to operate successfully.

As a result of the potential compromise of our database we cannot be certain of the confidentiality of account credentials. Please log into your account and change your password immediately. Please also clear your CAVIRTEX browser cookies. BTC and LTC withdrawal will remain temporarily disabled.

We ask that customers please fill in their Bitcoin and Litecoin return addresses on their user preferences. These fields have been cleared for all users and will need to be filled in once again. This page is accessible under Settings then User Preferences. Your BTC and LTC will be sent to that address. CAD withdrawals remain enabled.

CAVIRTEX continues to believe, as we have over the last three and a half years of operation, that cryptocurrency is here to stay. We appreciate all the support from our amazing customers who have been on this journey with us. You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience.

Even with this latest development, we are proud to say that we have never lost customer funds. To our knowledge, our production environment has never been breached.

CAVIRTEX intends to communicate with its loyal shareholders regarding this announcement in the near future.

Thank you to our loyal customers and all of our supporters who believed in us but more importantly trusted us.

Sincerely,

The CAVIRTEX Team

Price tried to break down at least 2 times over the last 24 hours or so. Really impressive that we're not experiencing any major corrections as of now. Looking promising so far!

Every single time I buy the ******* price goes down.

Insurance for phones, tablets...

When a french insurer accepts bitcoins for car or house insurance, i will switch to it.

The GDP of Sweden is ~0.9% of the world's economy. What's more, they are going to drop their peg to the Euro when Greece defaults and the Kron is going to skyrocket in value. Why would Swedes want our deflationary currency when they are going to have their own soon?

Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.

I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin 

Blockchain.info wallet with a back up stored on dropbox 

everybody's bullish right? 

 

Yeah bothers me too, money is coming from leveraged longs

nope, dont see 315 anytime soon

400 is way more likely the next days

c'mon guys squeeze those shorts !!!!!!!!

I've already done my part .... ALL IN MFs !!!!!!!!

we are currently not squeezing any shorts for sure...

On top there are almost no shorts to squeeze...

When margin was started they said they would allocate 500k$ to margin funding. Unless that has been increased a lot, it's really no big deal.

finally, someone put a wall on finex.

(sorry for off topic)

I've got a bitfinex trading question maybe someone could help me out with.

Say I've got a margin long open from 430, and I went to sell it at 465. Right now it seems like all I can do is 'close' which sets up a market sell at whatever point I hit close at. Instead I'd like to set it up to sell whenever someone buys into it at 465. Can I do this somehow?

ty ty ty

Barely getting started

Yep...shorts are very low thus far.

Edit: Actually...shorts only just starting to build up.... oo-er.

https://www.tradingview.com/x/8fu1wgJ3/

Outwith Dec 2015, Shorts on BFX have never been so low in over a year.

Longs are also relatively low, but you would have to go all the way back to March 2015 to find a period where long positions on BFX were comfortably lower than they currently are.

But probs we need to be looking at CNY markets to get a better picture of this, as it is China that is driving BTC at the time being.

Actually it executed at the right price, but didn't show up for several minutes. And now it's kicking again at Bitcoinwisdom.

https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

We're going to see a noticeable slowdown in confirmation times or a noticeable increase in fees by the time we hit 300,000 Transactions/day. By the time we hit 400,000 TPD,  This slowdown or fee increase will be dramatic and with current code, 500,000 may not even be possible.

With high fees and/or slow confirmations, MOST of the current business models of the major bitcoin companies (Coinbase, Circle, 21, Bitpay etc) will be unworkable. 

There isn't anything close to a consensus on anyway to fix this. There isn't even a consensus that it needs to be fixed. 

Expecting Bitcoin to rally into four or even five digits before the scaling problem is corrected is like expecting a Boeing 777 to take off in your driveway. We're gonna run out of road before we get above stalling speed.

$1500 profit on a (if you timed it perfectly) $20 rise? therefore 75 bitcoins bought and sold? which is a presumably tiny % of your total stash?

motherofgod.png

Damn! $5 Million in new margin longs opened up on BFX driving the interest rate to 1/3% DAILY!
that's about 6X what it's been lately.

+1 Any speculation why they have those bugs all the time?