hmm lets see what happens in the next hour

Well, it looks like at least it won't go below 75.
Putting us back just a couple of weeks.
Pretty amazing that after all this shit, and there is a lot of it, it's still that strong.

yeh its comforting to know actually, maybe if its all said and done it will stay around 100 and not be as volitile as it has been, might see a nice slow steady trend upwards

That would be best.

Haters, this is probably your last chance to get in cheap.
Just do it now so you can stop your childish crying all day.

dirty F , you got your rig setup yet?

IF you want to get in cheap buy from bitcoin24, it is trading in the 50s.

I dont why these exchanges have such drastically different pricing.

that would be super~ then this hub bub dies down for a couple years, then the next wave.

No, there is an issue somewhere with the hardware which i couldn't figure out. I'm gonna fix it later today. I'll let you know.

105 dollars.

Nice.

Because the smaller exchanged only hold a few % of the bitcoins.
So one big sell or buy order can totally mess things up.

Mtgox has 80% or so so that's the one to watch.

115

......

yeh let me know if you need any help, send me the error your receiving or whatever the problem at hand is.

if you think about it $80/BTC is still pretty good, it just looks shit because it was so high at $260, when it was $80 everyone was like OMG NO WAY. but now we have seen what it could be it doesnt look so tempting.

that being said, we now see it at $115 and rising, it might drop again because people that bought @ 60 are going to sell at $120 which will drop it, but thats healthy for the market, especially the way it is atm.

Yup, lots of quick trading going on. A lot of people trying to make money out of this.

130.....

....

A crash is lack of confidence, bitcoin user not affected.

I wonder who is really behind MTGOX and how much of this is being orchestrated by them?

word around the mining rig is they're a bunch of embecile retard idiot morons.

you know, us bitcoin guys could create our own mining pool site and have people join and mine for us, then we can skim a certain % of profits.

My worry is this.

Let's say it's stable now at 150.
Tomorrow another ddos will hit them. Shit will go down again and panic sellers will panic sell.
It's good to see so far it didn't kill the coin but how many times does this have to happen before it will.
And believe me, another ddos is on its way.

Wait, so first losing 100 off bitcoins value because of your shitty ass servers and then another 50 because of shutting everything down isn't the right way to do things?

can i contact you about this? :thumbsup

If BC fails because MtGoX didn't know how to run a network it would be the biggest irony ever...

Ya we should have our own pool.
I have no clue how that works though.

cant believe mtgox is going to start doing litecoins when it cant even handle btc, i also heard they are moving location from japan to california, well thats a sure fire way for the good old us of a to fuck it over with laws.

translated to cold hard ducats, that's $1.5 billion wiped.

It would be the most stupid thing ever.

I'm happy to see though that it looks like people realize what the problem is. And that is not the coin itself.

sure whats your email? im on irc if u have that.

yes, you do in fact. :)

Haha fuck me...yeah didn't even think of that.

That's insane.

Their crappy servers/service caused 1.5 billion in damage in 2 days.

Orly? I didn't realize that. Tell me more?

Yay, the lag is almost gone...that will improve things. Trading in real time works better you know :)

It hit 140 a few minutes ago...we didn't see it because of the lag.

yay for stability....whatevers left of it.

Ok, back to bed for a few hours...

please holler at me


scottsharpephotos

at

gmail

com

Some big trades going through - Are you sure you want to sleep?

Here we go again. While bitcoin was rising mtgox went down.
This in insane.
How many chances are they gonna fuck up?

looks like i might have landed a contract with a pretty big bitcoin exchange to make them a mobile app. i dont think i want to be paid in bitcoins though. lol

MtGox.com ‏@MtGox 2m

We are experiencing a stronger than usual DDoS. We are working in it.