Bitcoin Forum
May 23, 2024, 09:56:40 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 »
1041  Economy / Speculation / Re: What do the next few hours hold (no reward) on: November 19, 2011, 05:13:05 AM
I notice at the very least they have smartened up and gone from a 50k solid bidwall to a more distributed one. Instantly when they got back into the market the price jumped $0.15/BTC. Assuming their goal is to cash out as much as they can in USD temporarily pumping the bidwalls to raise the asking price they are in the long term causing a decline in bitcoin value per coin. When the steps are there it makes it appear a lot more like they are trying to get rid of their coins while minimizing their financial risk. I would like to believe we are going back up but when they are creating bidwalls and pulling out 50-80k in coin demand instantly its only going to cause the price to fall more dramatically.

I wish we knew who this was so we could ask them what their intentions are. In all likelihood though they would misrepresent them in order to further their own financial positon. Assuming their bidwalls stay in place the next few hours I have no idea what to expect.
1042  Economy / Speculation / What do the next few hours hold (no reward) on: November 19, 2011, 04:57:00 AM
I am just wondering what everyone thinks will happen over the next few hours with our manipulator being back in the game. I for one am unsure of their intentions at this point since they disappeared for the last couple of days. I have seen some of his higher bidwalls eaten entirely by sells and apparently some moving back when his higher bidwalls were being eaten. Are they still playing the same old pump and dump game or are they reinvesting their previous takings for more BTC?
1043  Economy / Speculation / Re: Did buying bitcoins jus become harder? on: November 19, 2011, 04:34:23 AM
Why are you talking like its over?  Same thing happened at 6, 5, 4, now 3, next 2, then 1. 

k well what happens at 0.25 will you still be bear?

Chiming in here..

At $0.25 I'll be buying all the bitcoin I can get my hands on for it's eventual rise back up to, but probably not past, $1.

-Jonathan

right ... i think everyone would do the same at 0.25.  but that's a extreme number to prove my point

1.99$ a more realistic number??.... i Think SO!  Shocked BUY BUY BUY

you really go with the manipulator and take this walls for real? strange.

i would suggest to wait for the next, hopefully final big crash and buy then, not at $1.99, cause $1.99 would have been gone today, if not MR.MANIPULATOR would have made his show..

Interestingly enough even without the manipulator being obviously involved BTC seemed to hit a real wall at 2.00. I suspect this was due to bitcoinica more than anything but maybe $2 is the real price it will remain at. Does anyone have any numbers as to how many bitcoins were issued in june when the $30 peak happened vs now (7 696 000 BTC) to see how much the total investment in USD has changed over this time period. That is assuming that every dollar USD invested into bitcoins is represented as a dollar value per BTC on MTGox.
1044  Other / Meta / Unbanned on: November 19, 2011, 04:27:04 AM
Thank you for your understanding Theymos. I would have replied this through a persoanl message but have apparently reached my limit for the hour (to prevent spam presumably). I am now aware of this rule and will adhere to it in the future.
1045  Economy / Speculation / Re: We were all heading to cheap bitcoins, until the manipulator stepped in on: November 19, 2011, 03:22:53 AM
To be useful as a currency, BTC needs to be up closer to $100/BTC if it has any sort of volatility.  The reason is that it needs to be obtained shortly before it is needed and gotten rid of quickly after the transaction.  Either that, or pay someone like Bitcoinica a lot to hedge.  When the price is low as it is right now, attempting to acquire or dump BTC for one silly little transaction moves the markets noticeably.  If volatility increased to the point where this was not the case (at the current prices), then most of the value of the whole system would be sucked up by the exchanges over a fairly short period of time.

Exactly. People wanting coins for 1$ don't see the point that small market == higher volatility and easy to play with whole economy, like we're watching those days. With 100$/coin it would be much harder to be "a manipulator" for single entity, because such entity needs tens or hundreds millions of dollars.

I honestly have to wonder if these people are trying to drive the value down so they can cash in on their shorts or buy a lot of coins at a lower value. Interestingly enough I just saw somone take a 1000BTC bite out of the 2.20 bidwall so we will see how much longer he has it there.
1046  Economy / Speculation / Re: Pictures Of The Manipulator on: November 19, 2011, 03:19:05 AM

But Chuck Norris is real.

The overdefined edges of the fighters body along with the lighting on the fighter vs the environment of the fighter are a sure bet that is photoshopped. Chuck Norris at least would have been more believable lol.

So.. This is fake, just like The Manipulator's bid walls are fake? How meta.
1047  Economy / Speculation / Re: Pictures Of The Manipulator on: November 19, 2011, 03:13:39 AM

The overdefined edges of the fighters body along with the lighting on the fighter vs the environment of the fighter are a sure bet that is photoshopped. Chuck Norris at least would have been more believable lol.
1048  Economy / Speculation / Re: We were all heading to cheap bitcoins, until the manipulator stepped in on: November 19, 2011, 03:09:27 AM
It is obvious that bittenbob has sunk money into mining and is emotionally compromised. I have seen this behavior many months after the drop from $30.

Anyway, we are slowly chewing away at the manipulators bidwalls, he won't hold for long.

Bid 1.85 1935.68
Bid 1.9 5324.66
Bid 1.95 2703.77
Bid 2 34059.95
Bid 2.05 18246.76
Bid 2.1 20562.15
Bid 2.15 15213.57
Bid 2.2 3408.67
Ask 2.25 1604.83
Ask 2.3 6707.44
Ask 2.35 2838.93



Try reading before you post. I have not sunk one red cent into mining. I built myself a gaming computer for BF3, MW3 and other games alike. I would like to see bitcoin succeed because I think fiat currencies are a load of bull. Anyone who has watched Zeitgeist would. The only thing I do agree with you is that the manipulator will very soon pull his bidwalls out and the price will fall again.
1049  Economy / Speculation / Re: Pictures Of The Manipulator on: November 19, 2011, 03:06:58 AM

or photoshopped
1050  Economy / Speculation / Re: We were all heading to cheap bitcoins, until the manipulator stepped in on: November 19, 2011, 02:52:20 AM
He pumped in a massive 100,000 bitcion in  bidwalls, temporarily ruining out dreams of a cheap and spendable bitcoin.

How is $1 BTC better than $2 BTC or $20,000 BTC?

Its irrelevant and the point I have been making. A bitcoin is worth what it is worth and that has yet to have been determined. Some people seem to want to drive the price down (aka the manipulator(s)) as far as it can go so they can get as much as they can. Does anyone actually think he pulls out his big bidwalls for any other reason than to drop the price?
1051  Economy / Speculation / Re: We were all heading to cheap bitcoins, until the manipulator stepped in on: November 19, 2011, 02:37:16 AM
$2-$3 is a rational price. $30 is not.

Coincidentally I own less than 10BTC myself because I only mine and have only started doing so recently. So for those of you calling me a deuche or whatever you want go fuck yourself! $2-$3 is a much more rational price because if the price of mining drops so low that it becomes uneconomical for most GPU miners than it can be hijacked.

Go fuck yourself indeed.
1052  Economy / Speculation / Re: We were all heading to cheap bitcoins, until the manipulator stepped in on: November 19, 2011, 02:27:36 AM
He pumped in a massive 100,000 bitcion in  bidwalls, temporarily ruining out dreams of a cheap and spendable bitcoin.

He seems to never want to give up.

This all happened in les than a half hour.

Before manipulator

Bid 1.8 25212.31
Bid 1.85 1949.45
Bid 1.9 12422.69
Bid 1.95 2773.57
Bid 2 2898.88
Ask 2.05 132.04
Ask 2.1 702.56
Ask 2.15 796.28
Ask 2.2 3334.99
Ask 2.25 3727.33
Ask 2.3 8284.11
Ask 2.35 2841.4
Ask 2.4 3593.7


After manipulator

Bid   1.8   28766.27
Bid   1.85   1934.13
Bid   1.9   5399.11
Bid   1.95   2691.57
Bid   2   33528.57
Bid   2.05   17787.54
Bid   2.1   20412.92
Bid   2.15   15180.71
Bid   2.2   5397.41

Bid   2.25   2176.57
Ask   2.3   7402.8
Ask   2.35   2774.25
Ask   2.4   3674.36



Oh boo hoo you arent going to crash bitcoin today. Too f**kin bad!
1053  Economy / Speculation / Re: Pictures Of The Manipulator on: November 19, 2011, 02:22:41 AM


If this is the manipulator I wish she would come over here and manipulate me. Im guessing she could elevate me to an unsustainable level too  Shocked
1054  Economy / Speculation / Re: > 2.1: temporary manipulative bailout or sign of reversal? on: November 19, 2011, 02:21:40 AM
From the speed Im seeing these walls move I think the manipulator is using some sort of software or bot to move and set up these walls.
1055  Economy / Speculation / Re: > 2.1: temporary manipulative bailout or sign of reversal? on: November 19, 2011, 02:07:40 AM
Back up to $2.20 with a 50k wall at $2.
So much for the $1.xx prices so many of you were hoping for.
Not tonight anyway.

From the steps Im seeing on MTGox live i think our manipulator is getting back in it. Just when I thought he was gone for good.
1056  Economy / Speculation / Re: A way to save Bitcoin and make it more useful on: November 19, 2011, 01:42:48 AM
  • Offer BTC for computing power
  • Bitcoin price gets stabilised, miners have something else to do when prices are low.
  • Huh
  • PROFIT

Literally. Someone just has to do the setup.

I cant believe it hasn't been done yet. I would gladly participate. Any coders here who want to make this happen?
1057  Economy / Speculation / Re: 1 btc to whoever predicts the high/low for the next 4 hrs starting from 2:53 on: November 19, 2011, 01:41:51 AM
So no one confirming they have been paid the 1 BTC for the prediction or a statement of winner from the charts. Was this a bull offer or what is going on here? Or maybe he is chewing over whether or not to pay the prize to the one who guessed 10 mins before the end of the window. Some sort of a statement from someone would help to close this matter. Not sure why someone would offer this in the first place anyways.
1058  Economy / Speculation / Re: who would pay me to crash the market? on: November 19, 2011, 12:40:30 AM
This guy did it, he dropped bitocin below $2.00

If you truly believe it was him I think you should send me 50-100BTC. My wallet address is 1HhW4UYNfVH6ByYoSGnbsuHUhW1u43yq3P  Grin
1059  Economy / Speculation / Re: 1 btc to whoever predicts the high/low for the next 4 hrs starting from 2:53 on: November 18, 2011, 10:47:45 PM
So INAUN whos the winner?
1060  Economy / Speculation / Re: A way to save Bitcoin and make it more useful on: November 18, 2011, 04:55:06 AM
Encrypting the work so that nodes could not be faked would obviously have to be integrated into said work. I guess there is some level of trust that must be given to pool operators that they are not already doing such a thing. Or to fix the problem of a simple verification integrate something into the work that could only be generated if the block was solved correctly. The verification would have to be done in such a way that it could not be faked. Multiple redundancies and different levels of encryption I think could achieve this.

Also verifying back a few blocks might also solve the faking nodes which is essentially what Bitcoin does already. Yes its inefficient as a whole but still a way for people to get paid for folding at home. I have never tried folding at home but there seems to be no incentive for doing it other than for purely altruistic reasons. There are a lot more people who would do it if there were some component in it for themselves. It doesnt have to be much but something is always better than nothing.

I guess with them buying and selling coins on the market to do the work there would still be enough market activity that would raise the price and still in some ways achieve the same goals. If you create your own pool selling work then why would you keep it all yourself? There would only be a short period of time before people figured it out and you would probably have turned some of your tech savvy miners who might also moonlight as hackers against you.
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!