Bitcoin < 500$ - GoFuckYourself.com

seeandsee · 02-25-2014, 06:09 AM

What is going on?

mtgox dead ok, but why is bc droping overall?

slapass · 02-25-2014, 06:10 AM

It makes the whole system seem flaky.

You also have to wonder how it will ever work with the ten minutes to confirm. It will never be used in real life in its current form.

L-Pink · 02-25-2014, 06:29 AM

"Bitcoin exchange Mt. Gox disappears in blow to virtual currency"

http://news.yahoo.com/bitcoin-exchan...1--sector.html

Harmon · 02-25-2014, 06:31 AM

My guess is poor investor confidence

ilnjscb · 02-25-2014, 07:30 AM

It seems that every time there is a large stash, one "bad actor" makes off with it in an "isolated incident" that never affects the "bright future". I wonder what the solution will be, if any.

Brad Mitchell · 02-25-2014, 07:45 AM

33 million in assets and 174 million in liabilities. Jesus, and we thought Epassporte was a scandal! Wild West with rogue $.

Brad

seeric · 02-25-2014, 08:36 AM

There's very little incentive for new folks to get involved here. You have a bunch of early BC folks just sitting on their little leprechaun buckets waiting to become millionaires. What that means is the rest of the people who buy in +/- 300.00 are left holding the bag. The upside is much less attractive to those people. This is a dog that does not hunt from a financial standpoint.

jscott · 02-25-2014, 06:06 PM

Seeric, you're absolutely wrong. You're looking at it from only an investment standpoint.

What about anonymous spending, people generally don't like all their privacy issues being abused like the US gov't loves to do to it's people. I actually deleted my facebook years ago for this exact reason. PRIVACY! That is a huge reason Bitcoin is going to "make it" in the world.

Aside from that, avoiding the millions (or billions) of dollars per year bank fee's. Feels good avoiding that bullshit

DAMNMAN · 02-25-2014, 06:42 PM

Quote:

Originally Posted by ilnjscb

It seems that every time there is a large stash, one "bad actor" makes off with it in an "isolated incident" that never affects the "bright future". I wonder what the solution will be, if any.

You guys are gonna hate this answer, but....... Regulation!!! Like on Wall St.

MaDalton · 02-25-2014, 06:44 PM

congrats to all that made a fortune and were able to cash out - i am happy i stayed away

edgeprod · 02-25-2014, 07:02 PM

$555 right now -- love the dip all the way to $420, wish I 'd bought even more!

pornmasta · 02-25-2014, 07:11 PM

Quote:

Originally Posted by Brad Mitchell

33 million in assets and 174 million in liabilities. Jesus, and we thought Epassporte was a scandal! Wild West with rogue $.

Brad

epassporte is not a scandal, epassporte is a movie !

jscott · 02-25-2014, 07:12 PM

Me too edgeprod, wish I bought more at that mid/low-$400's yesterday too, anyone with sense or interest in good investment opportunity should have known to buy in that time

DAMNMAN · 02-25-2014, 07:21 PM

Quote:

Originally Posted by edgeprod

$555 right now -- love the dip all the way to $420, wish I 'd bought even more!

Me too, but my mining opperation gets me quite a few. 64 Th/s pointed at BTC and 60 Mh/s pointed at various Alts. SO FAR!!!

ilnjscb · 02-25-2014, 07:24 PM

Quote:

Originally Posted by MaDalton

congrats to all that made a fortune and were able to cash out - i am happy i stayed away

Likewise - if you are able to trade the delta successfully you have my admiration. I'll do it the old fashioned "produce value or efficiency" way.

edgeprod · 02-25-2014, 07:26 PM

Quote:

Originally Posted by ilnjscb

Likewise - if you are able to trade the delta successfully you have my admiration. I'll do it the old fashioned "produce value or efficiancy" way.

It's not rocket science. Every time there's a big dip due to Chicken Little BS, there's a dramatic recovery due to irrational exuberance. Play both sides of the idiot game, LOL.

ilnjscb · 02-26-2014, 04:09 AM

Quote:

Originally Posted by edgeprod

It's not rocket science. Every time there's a big dip due to Chicken Little BS, there's a dramatic recovery due to irrational exuberance. Play both sides of the idiot game, LOL.

I understand - a shade of buy low sell high. Your strategy is momentum volatility trading. Very nice with the current dramatic environment.

ruff · 02-26-2014, 06:58 AM

Gosh, I bought yesterday at $422 and sold today at 558. I guess that's what this is all about. Is anyone getting this yet? Porn is dead, long live Bitcoin.

adultmobile · 02-26-2014, 07:54 AM

$600 -> $450 -> $600:

But not using with MxGox

nikki99 · 02-26-2014, 08:01 AM

I am glad I never joined this adventure

nikki99 · 02-26-2014, 12:25 PM

I am out from the bitcoin world

edgeprod · 02-26-2014, 12:28 PM

Quote:

Originally Posted by ilnjscb

I understand - a shade of buy low sell high. Your strategy is momentum volatility trading. Very nice with the current dramatic environment.

Profitable as fuck.

02-25-2014, 06:09 AM	#1
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Bitcoin < 500$ What is going on? mtgox dead ok, but why is bc droping overall? __________________ BUY MY SIG - 50$/Year Contact here

02-25-2014, 06:31 AM	#4
Harmon ( ͡ʘ╭͜ʖ╮͡ʘ) Industry Role: Join Date: Mar 2004 Posts: 20,010	My guess is poor investor confidence __________________ [email protected]

02-25-2014, 07:45 AM	#6
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,813	33 million in assets and 174 million in liabilities. Jesus, and we thought Epassporte was a scandal! Wild West with rogue $. Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

02-25-2014, 06:06 PM	#8
jscott jscizzle Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,297	Seeric, you're absolutely wrong. You're looking at it from only an investment standpoint. What about anonymous spending, people generally don't like all their privacy issues being abused like the US gov't loves to do to it's people. I actually deleted my facebook years ago for this exact reason. PRIVACY! That is a huge reason Bitcoin is going to "make it" in the world. Aside from that, avoiding the millions (or billions) of dollars per year bank fee's. Feels good avoiding that bullshit __________________ “If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important

02-25-2014, 06:44 PM	#10
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,836	congrats to all that made a fortune and were able to cash out - i am happy i stayed away __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

02-25-2014, 06:10 AM	#2
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	It makes the whole system seem flaky. You also have to wonder how it will ever work with the ten minutes to confirm. It will never be used in real life in its current form.

02-25-2014, 06:29 AM	#3
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	"Bitcoin exchange Mt. Gox disappears in blow to virtual currency" http://news.yahoo.com/bitcoin-exchan...1--sector.html

02-25-2014, 07:30 AM	#5
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,904	It seems that every time there is a large stash, one "bad actor" makes off with it in an "isolated incident" that never affects the "bright future". I wonder what the solution will be, if any.

02-25-2014, 08:36 AM	#7
seeric .......... Industry Role: Join Date: Aug 2004 Location: .......... Posts: 41,917	There's very little incentive for new folks to get involved here. You have a bunch of early BC folks just sitting on their little leprechaun buckets waiting to become millionaires. What that means is the rest of the people who buy in +/- 300.00 are left holding the bag. The upside is much less attractive to those people. This is a dog that does not hunt from a financial standpoint.

02-25-2014, 07:02 PM	#11
edgeprod Permanently Gone Industry Role: Join Date: Mar 2004 Posts: 10,019	$555 right now -- love the dip all the way to $420, wish I 'd bought even more!

02-25-2014, 07:12 PM	#13
jscott jscizzle Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,297	Me too edgeprod, wish I bought more at that mid/low-$400's yesterday too, anyone with sense or interest in good investment opportunity should have known to buy in that time __________________ “If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important

02-26-2014, 06:58 AM	#18
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,507	Gosh, I bought yesterday at $422 and sold today at 558. I guess that's what this is all about. Is anyone getting this yet? Porn is dead, long live Bitcoin. __________________ CryptoFeeds

02-26-2014, 07:54 AM	#19
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	$600 -> $450 -> $600: But not using with MxGox __________________ TubeCamGirl.com Last edited by adultmobile; 02-26-2014 at 07:55 AM..

02-26-2014, 08:01 AM	#20
nikki99 Supermodel Industry Role: Join Date: Nov 2004 Location: Sodoma & Gomorra Posts: 23,055	I am glad I never joined this adventure __________________ SMC Revenue - Best Tgirl websites of the world now VR Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

02-26-2014, 12:25 PM	#21
nikki99 Supermodel Industry Role: Join Date: Nov 2004 Location: Sodoma & Gomorra Posts: 23,055	I am out from the bitcoin world __________________ SMC Revenue - Best Tgirl websites of the world now VR Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero