Bitcoin breaks $200
- Thread starter schockergd
- Start date
Huh imagine that. If only there was some sort of sign this was comming; or if only someone had warned of this 5 pages back. So much pain could have been avoided
huh i wonder if anyone reads the story before drawing conclusions
TOKYO - JAPAN - June 20th, 2013 Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers. This is especially so for those in the United States who are requesting wire transfer withdrawals from their accounts. We are currently making improvements to process withdrawals of United States Dollar (USD) denominations, and as a result are temporarily suspending cash withdrawals of USD for the next two weeks. Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected, as will deposits and withdrawals in other currencies, and we will be resuming USD withdrawals once the process is completed. We apologize for any inconvenience this causes our U.S. customers in the meantime, and look forward to resuming withdrawal service as well as debuting a dramatically improved trading engine which will be launching very soon.
well that answers it
TOKYO - JAPAN - June 20th, 2013 Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers. This is especially so for those in the United States who are requesting wire transfer withdrawals from their accounts. We are currently making improvements to process withdrawals of United States Dollar (USD) denominations, and as a result are temporarily suspending cash withdrawals of USD for the next two weeks. Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected, as will deposits and withdrawals in other currencies, and we will be resuming USD withdrawals once the process is completed. We apologize for any inconvenience this causes our U.S. customers in the meantime, and look forward to resuming withdrawal service as well as debuting a dramatically improved trading engine which will be launching very soon.
well that answers it
That answers nothing. This is not the first time an exchange has either shut down or been shut down. Only time can answer it.
That's as good as being shutdown. As the US goes so does the world. The fact that they can't cover the "money" being withdrawn should not instill confidence.
Meanwhile in the junior gold and silver sector, the TSX venture index (where most of the g&s junior guys hang out) has broken down below 900.
That's not the toilet, that's the sewer with next stop being the sedimentary layer where they find dinosaur bones.
I'll take Bitcoin (and have) any day of the week and twice on Sundays over g&s right now.
That's not the toilet, that's the sewer with next stop being the sedimentary layer where they find dinosaur bones.
I'll take Bitcoin (and have) any day of the week and twice on Sundays over g&s right now.
Bitcoin headed back to $50.
Its been a slow painful drip for Lukep and many others, but the cycling out of this bubble was inevitable.
And the bad news hasn't even come yet. U.S. monetary deposits into exchanges have not even been banned yet by the Department of Justice. And we know that's certainly coming down the pipeline.
This baby is going to beaten battered and bruised. But its exactly what needs to happen if a digital currency ever has a chance to take hold.
I'll probably buy a nice chunk once the panic sellers come whenever the US DOJ lays down the law (pun intended).
Look to pick some up around $25-30 from local bitcoins.
I wonder why people in places like LA even use exchanges, when you can buy $100ks of dollars of bitcoin in your backyard face to face.
Its been a slow painful drip for Lukep and many others, but the cycling out of this bubble was inevitable.
And the bad news hasn't even come yet. U.S. monetary deposits into exchanges have not even been banned yet by the Department of Justice. And we know that's certainly coming down the pipeline.
This baby is going to beaten battered and bruised. But its exactly what needs to happen if a digital currency ever has a chance to take hold.
I'll probably buy a nice chunk once the panic sellers come whenever the US DOJ lays down the law (pun intended).
Look to pick some up around $25-30 from local bitcoins.
I wonder why people in places like LA even use exchanges, when you can buy $100ks of dollars of bitcoin in your backyard face to face.
I don't know if anyone's mentioned this, but the nice alternative to exchanges is finding sellers willing to meet up to make transactions. I've been using localbitcoins.com when I do my bitcoin buys.
Feds just busted a guy on a drug charge and seized his bitcoins: Digital currency seized in alleged drug law violation in Charleston – The Post and Courier
If i Had to bet money, i'd say that the DEA is trolling silkroad and getting money from buyers in exchange for drugs, then arresting them.
Who writes this stuff? They infiltrated the infamous and off-the-grid marketplace, as if it's an accomplishment only well trained experts are capable of.
Actually, it's just some guy sitting in an office, fired up Tor browser, and bought some drugs, much the same way you'd buy a book off Amazon. If I was a DEA agent looking for a promotion, I'd be absolutely in love with Silk Road. Talk about shooting fish in a barrel.
nlw its at liek $60.
i feel bad for all u guys who jumped the wago nlate.
anyways id say $60 is good moment to enter for LONG TERM.
remember im the guy who got btcs free <$9 and it took me 2 years to get em sold at 220$.
i feel bad for all u guys who jumped the wago nlate.
anyways id say $60 is good moment to enter for LONG TERM.
remember im the guy who got btcs free <$9 and it took me 2 years to get em sold at 220$.
(O_o)
H̨̼̩͐̑͆̀̚&
Right on schedule, it bounced off its 200 day moving average around $72.
This baby is going to $50 again. This will probably be the last significant bounce before it does so. As soon as it breaks the 200 day moving average again, it's down to $50.
It'll be interesting to see what it does from there. With no more bad news, it might bounce for a while. With bad news, its going down to $25-$30 at some point.