Since page 400 was started on July 18th there have been 53 more pages added. Exactly 80 days have passed which means a mere 0.66 pages have been created, less than a page a day. There isn't exactly a load of people beating the door down with interest over this project and clearly very little discussion happening.

Not sure how long before this project dies.

Good Luck.

This thread is essentially 400+ pages of basically price and bounty talk with next to 0 discussion about Semux itself. This is how you know this project is going nowhere.

The Irony here is that Bitfinex has a public relations employee by the name of Zane Tackett and if he actually did his job he would have posted a message to Bitfinex users via the "Announcement Page" at Bitfinex letting everyone know about the network delays happening. Instead with the volatility of Bitcoin uninformed users who make a withdraw can now enjoy losing money while their transfer is stuck for 18 hours in delay mode.

Thanks Zane Tackett Job Well Done!   Keep up the hard work.

Speaking of US debt, it's actually well North of $60 Trillion Dollars some studies are saying as high as $70 Trillion Dollars.

The problem is when you look at sources like the US debt clock which stands at around $18 Trillion what you actually see is only the US Governments "reported" debt not the unreported debt. What the reported debt doesn't show you are current government obligations like Medicade, Social Security obligations which by the way is running close to $25 Trillion in debt itself, deposit insurance, loan guarantees to name a few.

If you want to get your head around "Off Balance Sheet Liabilities" here are a few sources to absorb:


Off-Balance-Sheet Federal Liabilities
http://www.nber.org/papers/w19253

US debt six times greater than declared - study
http://rt.com/usa/us-debt-study-hamilton-economy-103/

US debt six times higher than declared
http://www.presstv.com/detail/2013/08/07/317608/us-debt-six-times-higher-than-declared/





 

Bitcoin had a nice rally from 300 to 400 but now we are back to what it has been doing best since January a continuation of it's decline.

Currently 340 acts as a base of support while 360 seems to have settled for resistance at least on one exchange Bitstamp. I see this declining in the coming weeks because the market failed to sustain 400 while only a weak attempt at 420 was made. Keep an eye out on the 340 base if this gets taken out and we hold under this I see 250 coming within weeks or a month.

The issue here is a matter of volume the market doesn't have enough to sustain and hold any decent rallies as traders look to take profit. In the good old days traders would simply buy and sell Bitcoins to one another now however traders could care less if Bitcoin rises or falls because money can be made on either side of the trade with short selling.

796, okcoin futures, Bitfinex just to name a few have now made it profitable for traders to be bearish on Bitcoin. You need to take note that in a futures market with high liquidity it has a bearing on the price of an underlying asset in this case Bitcoin so this could have an impact on the market price.

The current Bearish sentiment is 250/190 and if a miracle in bullish volume were to happen 420.  The weekly s1 pivot is 340 and the r1 is 380, we have now done the 50% retracement so where traders decide to go next will be interesting in the coming days.

Does anyone here have MtGox USD account number from Poland? I would like to see if their Zloty and USD accounts were closed as well.

This is what I have so far:

Account Name: MTGOX POLAND INC. SP. Z O.O.
Bank Name: BANK ZACHODNI WBK S.A.
SWIFT/BIC: WBKPPLPP
Adress: PLAC POWSTAŃCÓW WARSZAWY 2, 00-030 WARSZAWA, POLAND


PL59109023980000000117595694   (EURO Account Number)

PL87109023980000000117595675   (ZLOTY Account Number)

I just got news from another individual that MtGox bank account at WBK Bank Zachodni was closed on 05/05/2014 and had the amount of 15 Euros at the time of it's closing.

I am trying to find out if the money was moved to another account in Poland by the bank itself because of litigation or if the funds were wired abroad.

I'll let you know when I hear an update. If the money was wired abroad and you win in Poland you will get no money from this account.

Speak more soon.

I was curious if anyone's lawyer was able to find out if there are actual funds remaining in MtGox Polish Bank account and by what figure?

If all the money has been removed from MtGox Polish bank account either by Mark Karpeles or the Japanese Administrator then even if you win in Poland it would likely mean you would never see any money unless MtGox is sold to an investor group.

Has anyone's lawyer been able to see any account detail information?

Many thanks 

With litigation your Mt.Gox account could and most likely will become frozen pending the outcome of any settlement which "could take years" pending appeals and if any actual payment to your bank account.

You must considered the outcome of your Mt.Gox account becoming frozen during the litigation process, and the "possibility" that BTC withdraws "may" become available again in the the short term which could mean those who waited see their BTC before those who litigate.

Litigation is a long and costly battle and you must seriously consider all your options and avenues before heading down that path.

Having said that I'm personally willing to fight this out and look forward to the day Mt.Gox owns up to all it's incompetence.

I was seeing the same thing. I thought the natural progression line should be something like this:

Obviously with a few pit stop along the way.

https://www.tradingview.com/x/WDAjCGrV/

Look at the chart posted earlier today and compare to this updated version.

Mt.Gox Is The Red Line

Notice which fib all the ema's cross at.

https://www.tradingview.com/x/NwuJC6tC/

I stand corrected, actually it was the 200sma not the 20 exponential you had called earlier. My bad.

https://bitcointalk.org/index.php?topic=274613.msg3845764#msg3845764


Revised Chart With Correct Moving Averages:


https://www.tradingview.com/x/plnruYIy/

Let's all put our hands together and ride this red waterfall together.

On a serious note closed my shorts and I'm watching for an 800 bounce "if" we get one? RSI is getting into heavily oversold so perhaps 780/800 bounce? Update: 780 Bounce hurrah!

Have a look on Gox now between 805/845 those are all the "Market Order Guys" I was telling you about. The music is about to stop and not everyone will get a chair. Wait for it.

Mt.Gox is in Purple.

https://www.tradingview.com/x/6IRWB3CP/

Bitcoin had a bounce off the low 800's the problem is the majority of those orders are market and not limit meaning the new limit bids are now relatively weak in comparison to all the market orders recently placed.

What this translates to is watch out for all the people placing those market orders trying to profit with no one to buy and thin support to fall on. If you place a market order on a bounce you need to be literally the first person to do it because there will be a lot of people without a chair when the music stops.

Watch for the next leg down when the market guys begin to panic.

You will observe this after a lot of market orders are placed on a bounce and weak buying appears as soon as the market guys start to see red flashing sell orders come in you will then observe lots of asks suddenly appear or simply a large sell off.

This is how you know the panic will soon begin.

870

China's Fib Broken Plus lot's of Divergence between gox/btcchina going on.

https://www.tradingview.com/x/DAFkqrrC/

Forget Triangles and Polygons Let's Talk Fibs!


So how much longer can Bitcoin keep bouncing off this .236 Fib all you Bulls?


https://www.tradingview.com/x/9JwWXBTL/

If I could tell you that I wouldn't be posting here but being massaged on my yacht in the med. What I can tell you is if you look at my previous chart price stays within the confines of this triangle, respects the resistances area albeit without the help of any whales and always retraces after touching.

The million dollar question is what happens when we reach the end? This is why the whale placed the sell order at 920 today because the triangle doesn't end until tomorrow night through to early Sunday.

All the signs are a retrace after we hit resistance but with enough participation and momentum this means nothing we need to wait and see.

Keep in mind plenty of people sold off in front of the whale so perhaps this was his intentions knowing that once we blow past 920 those that sold my want to get back in, which in turn will cause decent momentum or maybe I'm reading it wrong and he will simply dump on us when we reach 950?

Stay nimble and always expect it when you least expect it.

I day trade so now that the 1k sell order has been pulled you read my mind and I could see him dumping it right there yes. My advice get in now before it's to late and make some $$

True, there really is nothing to give any indication of any huge sell offs otherwise it would have happened already. I must have counted at lest a dozen times we went above and below 900 and the market wasn't bothered in the least.

To be honest the issue with Gox shutting off it's live websocket and changing to an api provider may have had some effect on traders. I noticed a decent uptick when Clarkmoody came back online and trading view took awhile to adjust as well.

I certainly think and it's just my intuition we will see some form of a decent market direction/movement by as early as tomorrow but no later than Sunday close of the US session.
 
Glad I could throw my two cents in and help out.



The market indicators are screaming out for one last try higher.  870 keeps holding were looking good.

https://www.tradingview.com/x/BebYpxQT/