It has been a long time since I have posted. Coming back and seeing nothing but block size debate is frustrating.

What is everyone's take on this interview with Trace Mayer? He certainly has strong opinions but hearing his podcast interviews with some of the core devs has given me a different outlook on the issue.

https://www.youtube.com/watch?v=aV_5GonmRzU

Buying

+1 For a System of a Down post!

I am sure this is a possibility but any seizures in the future would likely result in auctions a few years down the road right. Doesn't it take that long for the process to play out?

Umisoo could be a good buy if you are a gambling man.

Won't take much of a price increase to get under 100%


They are going to have a lot of upset customers. No notification of the countdown here or on their site.

How did you lose? Did you sell?

If you look at the 1D chart what happens most times after a "flash pump" or "flash crash"? A nice move in the other direction.

I posted this a few times earlier and I don't believe anyone acknowledged it. (posts were flying by so understandable)

I am 99.99% sure this was a software/hack issue with finex. Does anyone else remember the last time this happened there were prices that went out to 8 decimal places. Well it happened again. Finex covered all the losses but I can't see how they can do that this time.

I received an email from coinsetter (i have an account but don't trade there) talking about the price crash. They referenced finex issue also.

Hey ********,

Given the fast drop in the market this evening, we wanted to send you an update on the falling bitcoin price so you can manage your account accordingly. The price has fallen from $265 earlier today to its current level of $225. Bitcoin actually fell to as low as $165 on some other exchanges over the past hour.

While we are still working to understand the cause of this unusual market movement, it appears that the shift was impacted by two factors: 1) the Bitcoin XT blockchain issue, and 2) technological issues on Bitfinex. We will continue watching this evolving situation, and please don't hesitate to email our team if you need anything tonight.

Thanks,
Jaron Lukasiewicz
Coinsetter CEO

Did you buy in time?

Look at the prices.


$191.2598468 is not valid on Bitfinex. Shit is broken. (AGAIN)

We will be back in mid $200 by the time this is done. My bet is trading stops on Finex within the hour. Something is broken.

Looks like something is broken to me. Remember the last time they have prices out to 8 decimal places. Only explanation for this craziness. I am sure there are going to be some real unhappy people.

The switched to PPS when the price dropped in April. This also happened for a few days back in Jan/Feb. Once maint/payout was under 90% they switched back to PPLNS. Not sure why they haven't switched back yet. I asked on Hashtalk and didn't get an answer.

I think it is possible but not likely. The one day chart does a nice job showing us where we are headed. The bids (fake or not) are building. Looks healthy to me.

Volume spike and a lot of profit taking.

That was my original point. Not too long ago a legit high volume buyer/seller did not have the option. When was the last time we saw a 5000 or 10000 buy or sell?

Not the end of this thread but why would any high volume buyer/seller use the traditional market. There is not enough liquidity.

And yes the asks are getting shakier by the minute. Fun to watch.

I think with the announcement of a few new hidden markets that we will not see those large price swings up and down within a 5 min candle. There is no reason to do it unless you are attempting to manipulate the price and cause a panic in either direction.

Makes you realize where the price would be without the manipulation. There are very few real sellers out there. Bullish.

Bids appear to be moving up. Will not take much of an upward surge to hit $260 again. Should be fun.

Bids were really starting to thin out. Looks like normal retracing to me. Another little push to get back to upper $250's would be nice but I think we may see a push past $260 today. Less than 3000 BTC to get there.