Never off course. Don't invest in Genesis mining, I did, and I learned my lesson.

This. And yes I speak from experience. Even though it was a small amount to try them out, it was a loss after a year. Do not invest in Genesis Mining, it's for your own good.

Chill out, let him play. As long as he makes money, then good on him.

Shorts are high, but I am sure most of them are sitting on massive gains from the overall downtrend, so they can take a beating. Also longs measured in bitcoins have increased the last few days even more than shorts. I took my 25% profit already, so I don't really care at the moment where it goes.

Closed my long, some good profits. Crazy greedy panic buyers haha Time to sleep, 6 am here. Anyway it will be interesting to see if the overall downtrend of 2014 continues or not.

Yes, what is going on with Bitstamp lately? I have been using them for over a year and they recently blocked Bitcoin withdrawals in my account without notifying me, I asked them to allow the withdrawal of Bitcoins again and they tell me this:


Are they joking? I am just a simple trader, not a criminal. After Gox, where I luckily got out in December, now this again.

These overnight profits sometimes Bitcoin really is a get rich quick scheme. Anyway time to take the day off and enjoy the weekend. Looking back to the total lack of buy interest for 440+ coins and the grind down the last weeks, probably a good idea.

Exactly. It still seems some people are easily impressed by some bid support on the charts. Yesterday it was the same. You would think they should know better by now. Also when it dropped a bit yesterday, bid walls were removed very prematurely. Still easy to ride these little waves though, just profit from it.

0.02, no cash. I left Gox mid november after one of my Bitcoin withdrawals got stuck and support did not reply in a week. Shit situation for all that lost money in this

There is a thread somewhere in service discussions. Unfortunately this is normal, it happened to me quite a few times. You will have your coins tomorrow hopefully and support will reply in a week. Just stop using Gox.

It amazes me that they are actually so close behind. I guess MtGox has a lot of patient users, who do not care about their lies, bad customer service, bitcoin and fiat withdrawal delays.

This ^^. I do not use or trade Litecoin, but it is great that there is competition that is successful as well. Competition is good for innovation. And it shows that Bitcoin is not unique, it is likely that it will be surpassed by better crypto, just be ready when the moment comes.

Indeed, do not use them. I did get my bitcoins after 24 hours. Their support replied 5 days later telling me that the transaction went through, what a bunch of tits.

That is just crazy. Still nothing happening on the blockchain, and not even a support reply.

Same problem here today. Previous withdrawal was instant. And the new one today delayed, nothing is appearing on the blockchain. I payed the fee.

Yeah, you are right, that is possible   It would be nice to get some feedback from the Bitfinex team regarding this.

I know, it is shit to loose money like this. You would expect all the folks that are using Bitfinix to understand how to use limit orders instead of a market buy like this. But it is not like there are spikes like this every day. And the traders at Bitfinex always seem to be super bullish.

Why would you blame this on Bitfinex. Just keep track of the order book depth. You are responsible for your own positions and risks, not Bitfinex. I have no complaints yet, I moved from Gox to Bitfinex.

Still going up, crazy I am getting rich, but the FBI is even getting richer lol. The 4k Bitcoin theft in mainstream news though and Bitfinex taking measures to cope with a possible crash.

It is just greed that is driving the price now, not a natural growth. Just wait, have some patience. This is Bitcoin, there are going to be dips and crashes. And if not, there will be better cryptocurrencies in the future that might even make Bitcoin obsolete, plenty of opportunities to come.