Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
Sitarow
on 15/05/2013, 15:28:28 UTC

Quote from: Timothy B. Lee
"It’s the first federal action against the currency."

They are entitled to their opinion of the situation even if its author is speculating as to the circumstances behind this recent series of events.

And for those familiar with the past Dwolla incidences with exchanges "tradehill" knows never to do business with Dwolla in general.

People who are being so super bullish despite the US Government telegraphing their intention to do something about Bitcoin should strongly consider protecting their stack. If shit really goes down, it will be a real $110 to $70 drop and you may never see the buying pressure return. Shit gets real at this point in BTC's evolution.

Its been real since the beginning.

Edit P.S. I think this disruption in MtGox Dwolla service effected BTC-E greater then any other exchange. Did you happen to see the price of LTC/USD on the BTC-E exchange?