smoothie
Legendary
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Activity: 2492
Merit: 1495
LEALANA Bitcoin Grim Reaper
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February 22, 2014, 08:07:09 PM |
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Gotta give Tera credit for calling the spike at $619.88 within 12 cents.
Yes I agree nice call.
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KFR
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February 22, 2014, 08:08:02 PM |
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Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
It is clear to the developers observing Gox activities that they are working on the problem. It is however equally clear that they don't appear to be the most reassuringly competent software engineers. Please note: I'm British - understatement is in our nature. 
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smoothie
Legendary
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Activity: 2492
Merit: 1495
LEALANA Bitcoin Grim Reaper
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February 22, 2014, 08:11:20 PM |
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I do not think they will resume anytime soon!
Why?Because they are famous for making promises they can't keep.
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smoothie
Legendary
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Activity: 2492
Merit: 1495
LEALANA Bitcoin Grim Reaper
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February 22, 2014, 08:12:07 PM |
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Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
It is clear to the developers observing Gox activities that they are working on the problem. It is however equally clear that they don't appear to be the most reassuringly competent software engineers. Please note: I'm British - understatement is in our nature.  It is really difficult to fix an insolvent business via software engineering.
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magicmexican
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February 22, 2014, 08:19:16 PM |
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Dont miss the pump, Goxcoin is on fire.
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JCviggen
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February 22, 2014, 08:20:37 PM |
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It's funny how one moves on to ever crazier things to trade - that bitcoinbuilder site has some pretty hilarious and predictable swings right now. Owner is making a killing at 2%, approaching 9000 GoxBTC volume in 24h.
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Arcas
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February 22, 2014, 08:53:29 PM |
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Fucking Theymos, get your shit together.
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ChrisML
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February 22, 2014, 08:54:20 PM |
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The sooner this all is over.. the sooner can break that ATH of $1200. $2500 and beyond.
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magicmexican
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February 22, 2014, 08:55:20 PM |
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Pump is coming - 
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 22, 2014, 08:57:52 PM |
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hourly downtrend is likely to reverse above 584, the intersection with the daily uptrend baseline since the 530 bottom. 15 minute uptrend is too steep to last more than another hour. i'm guessing it turns down between 603 and 606. then reverses again at 585. gox seems likely to drop below 150 within the day before exceeding the day's high.
Aminorex my friend this is just a bag of wrong so far.
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ErisDiscordia
Legendary
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Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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February 22, 2014, 09:00:10 PM |
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Anyone ever go back and read the beginning of this thread? How about adams first post? Posting guild lines: Please lets keep this thread clean. ( I will be removing any off topic posts ) Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested) How is that working out? 
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soullyG
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February 22, 2014, 09:03:39 PM |
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Anyone ever go back and read the beginning of this thread? How about adams first post? Posting guild lines: Please lets keep this thread clean. ( I will be removing any off topic posts ) Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested) How is that working out?  Hah, that makes me laugh every time I see it 
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kwest
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February 22, 2014, 09:04:26 PM |
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Anyone ever go back and read the beginning of this thread? How about adams first post? Posting guild lines: Please lets keep this thread clean. ( I will be removing any off topic posts ) Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested) How is that working out?  This thread is the mother of all derails... and I love it. 
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prof7bit
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February 22, 2014, 09:05:53 PM |
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The fear that yesterdays fear might have been groundless.
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 22, 2014, 09:06:31 PM |
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Gotta give Tera credit for calling the spike at $619.88 within 12 cents.
Yes I agree nice call. I still don't see how "sheep" who bought at $585 are going to get slaughtered. Still grazing happily.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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February 22, 2014, 09:07:15 PM |
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35 min to go. Care to revise your statement?
always. now i say 588 in 8 hours.
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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February 22, 2014, 09:08:23 PM |
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I took my profits even before the DDOS hit. The rumour this rally is based on is bull fud and the market will be back close to what it was within 8 hours.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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February 22, 2014, 09:13:27 PM |
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Aminorex my friend this is just a bag of wrong so far.
I don't think I've ever made a prediction that was correct. Often useful, but never correct. Correct would definitely be more useful, but I get by. I have, however, been given predictions which were correct. They were certainly useful. Sadly I can't command the source.
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virtualfaqs
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February 22, 2014, 09:22:56 PM |
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Yeah, I hear that. I can't resist shorting a downtrend, though.  Limit shorts triggered at $614 and up but closed already, too much upside risk at the moment. The correlation to Gox trips me out. On the last big drop, Gox dropped 65%, Bitstamp dropped 16%. We just saw > 200% rise on Gox ... and a 10% rise on Stamp. I think the correlation may continually weaken if/when Gox pushes upwards (e.g. after withdrawals are enabled). That, combined with Gox - Stamp/BTC-E/BFX arbitrage opportunity for the typical GOXasset holders (i.e. not just the limited pool of Bitcoin Builder arbitragers), tells me that those expecting to go to the moon after Gox enables withdrawals may be in for a rude awakening. The only coin going to the moon after Gox enables BTC withdrawals is Mtgox BTC. The other exchanges will probably lag behind. Then the gap will increase just like before. I have no idea how BTC-E and Bitstamp will react.
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KeyserSoze
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February 22, 2014, 09:25:04 PM |
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Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
It is clear to the developers observing Gox activities that they are working on the problem. It is however equally clear that they don't appear to be the most reassuringly competent software engineers. Please note: I'm British - understatement is in our nature.  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.
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