What's going on with gox right now? are people able to get through if they want to sell or are they stuck like last time? just wondering if the new improvements they made are helping keep trading responsive
It's groundhog hour
Like the recent news out of China wasn't enough, the highest profile Bitcoin exchange is making a huge fool out of itself out on the world stage. The headlines are gonna go to town with this. Oh and we've just entered the dreaded weekend.
We haven't even had a bull trap yet, usually falls quite abit after that too..
I'm not fully convinced the correction is over, but Bitcoin is here to stay. I've learned that much and after some of the ignorance I see posted around the web in the various comments sections of negative Bitcoin articles it actually makes me respect you crazy people here, even more. Most people just have no clue how the money in their pocket and the system they live under is robbing them. And they celebrate it. It's saddening because they "rah rah" for a system designed to steal from them. It angers me that this system still stands and these greedy bastards are still getting away with such corruption.
I know, off topic rant. Just wanted to say...keep fighting the good fight. The people need us, even though most don't yet know it.
How many people here wouldn't give up the SHA-256 backdoor to the NSA for a truckload of money if they could? Yea, let's not pretend to be the new Gandhis of the world..
I dont think there's much upside in buying now in the 950 range. We already know there is going to be resistance at 1000 as well as ~1200 - and even if we overcome those it could stay in that range for quite a while. I almost rather buy at 1300 (35% more expensive) knowing full well we're in a definite 'CCMF' upswing than buying now possibly at 100% premium if this is a bull trap. Don't know how much validity there is in this strategy but it feels right to me.
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
But this is btc:-D
Btc dont care
You should be the right person to bet for BTC against me...
How about:
- Will Bitstamp surpass its ATH of $1163/BTC in 2 months?- If this price is breached, Goat wins.
- If not (until February 13th 24:00 UTC), rpietila wins.
Bet amount is $50,000, (odds 1:1) paid in bitcoins at the rate of the settlement date.
Why am I not surprised not one 'bull' has taken up this more than fair bet... Bulls? More like 'CCMF' shouting cheerleaders.
can anyone translate the chinese stuff?
edit: it may be related to the chinese dump. is it?
Dont know if statement is real but it gives a deadline to cash out your BTC to cash until Chinese new year (January 31).
I think there's a meeting with regulators and all 3rd party payment processors in China today, stay tuned.
The vultures are descending. You need to understand how journalists think. I was on my college newspaper, so I have a little experience.
This article
http://www.businessinsider.com/dorian-satoshi-letter-and-train-2014-3is going to be used as a rationalization that Dorian Nakamoto is a public figure, and therefor not subject to the legal protections provided to private citizens.
They are going to hound this man. He needs to lawyer up in a hurry.
I simply cannot believe that the man who wrote this:
"Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model."
Also wrote this:
"the parking fee + gasoline costs $10 now to get there from my home and i would go there more often with my mother for shoppings."
Journalism is a cutthroat business and they only need the slimmest of pretexts to do awful things to people.
Yes, I get that. But I'm pretty much saying that they've got the wrong guy. And the fallout, for him, will indeed be pretty awful for a while.
I don't know about that. I think it's likely that whoever wrote about train service is not the same Dorian Nakamoto, but that doesn't matter. The DM doxxed by McGrath will need money for lawyers and security to protect himself and his family, which means that if he really is SM, he may need to sell some BTC, which would rattle the markets.
Here are some reviews on Amazon by Dorian S Nakamoto:
http://www.amazon.com/gp/pdp/profile/ATILATX3PEXZ4/ref=cm_cr_rdp_pdpNote the difference in language...very weird.
