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1321  Economy / Speculation / Re: mtgox claims $5 to $20 million per day incoming funds... on: April 24, 2013, 03:41:25 AM
I see no reason for Mark to make this up. No sir, no reason at all. It's not like in the last two weeks mtgox made more money than in it's entire history. It's not like rapid appreciation and volatility is making him richer than Satoshi Nakamoto. Cmmon guys, is there was really a bubble that burst, would he be lying us ?

Let's not forget about the people trapped in MtGox waiting to be verified. Another one of mark's bedtime stories. People, you are grasping at straws and you are sheep. Regardless of this here dead cat and "return to normal", the bubble is done and price will succumb to less than 50$ in less then 3 months.

Gox made more during the high volume days than during the low volume days, the last week when the crash was in full force should be their highest grossing week ever, whether you calculate by total bitcoin/fiat volume. So using your own logic, Gox should try to create as many crashes as possible, rather than pleading people to calm down.

Besides, even if Gox's plan were to accumulate as many bitcoins as possible, and betting on its rise in exchange rate, the only place to cash out such a huge amount of bitcoins would be their own exchange. So if I were Mark, the best strategy seems to be just charging fees in dollars so they make money regardless of the price movement.

Not to say that you have no fact at all to back up your accusation.

Please educate yourself before you talk.
1322  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 24, 2013, 02:24:48 AM
There is not enough bid volume (see blockchained.info) to pass 150.

Let's stabilize in the 140s a couple of hours and then we will attack the great wall Wink

Simple, if all the buy orders higher than ....$132 on the bid side can stop sit and shit, and come down to attack the wall, it will be gone.
1323  Economy / Economics / So you think Gox is a fuckup.... on: April 24, 2013, 12:55:28 AM
What about the Twitter account of a major news agency? Cheesy

Seriously, is that all it takes for the world's biggest stock market's index to drop 143 points?
1324  Bitcoin / Bitcoin Discussion / Re: Eric Schmidt discusses Bitcoin on CNBC on: April 23, 2013, 04:23:36 PM
Great to see this. Many people are unable to understand Bitcoin but will learn to trust it when powerful figures like Eric Schmidt embrace it.

Yep, it is very hard to dismiss Bitcoiners as loonies when figures like this are coming to embrace it.

It's also a praise coming from a high-level computer scientist.
1325  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 23, 2013, 04:03:08 PM
Let me say a few things, Zhou Tong. I don't know if Bitcoinica was properly registered and where, but if it was, then CJH should be a member of the company and we should be able to see his name on some documents, or otherwise he shouldn't get access to the password, which is the company's assets, right? If you are not careful with that, then you have to prepare for the consequences, which is what you're experiencing now:you are unable to prove your innocence. For another, providing that you told the truth about the hacking incident, you were still being irresponsible for not properly storing the company's funds in cold wallets.

Whatever maybe the case, try to stay low key, your return will not be something worth celebrating about as many people, especially victims of the hacking incident, will remain suspicious about you.

The "password" to the LastPass account was found in the source code leaked by genjix. I didn't set it or leak the source code.

I have only heard of "innocent until proven guilty", not the other way round. Plus, how can innocence ever be proven? I can get a police clearance tomorrow, if you like.

EDIT: Clearly CJH is an outsider. Even I am not the member of the company. I sold Bitcoinica in 2011.

"Innocent until proven guilty" only works when you are facing a possible prosecution, doesn't apply when you're trying to get people's trust for your business.


Okay you may not give him the password, but how did you figure out it was him who did the hack? Did you have any evidence against him?


I was not asking for trust. I will build something that requires little trust (such as open source app, for example).

There was a credit card of Bitcoinica's accountant in the LastPass account used to pay some bills. CJH used that card to purchase stuff on Amazon shipped to a freight forwarder with his real name. The confirmation email was sent to the sock puppet email account.

I explained it 11 months ago and no one read.

That maybe exactly where the problem is? So did the corporation give all this information to you and ask you, a non-member to help with the investigation, or you just got access to the E-mail account? Sounds like quite a bit of mixup of personal/business affairs here.
1326  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 23, 2013, 03:41:48 PM
Let me say a few things, Zhou Tong. I don't know if Bitcoinica was properly registered and where, but if it was, then CJH should be a member of the company and we should be able to see his name on some documents, or otherwise he shouldn't get access to the password, which is the company's assets, right? If you are not careful with that, then you have to prepare for the consequences, which is what you're experiencing now:you are unable to prove your innocence. For another, providing that you told the truth about the hacking incident, you were still being irresponsible for not properly storing the company's funds in cold wallets.

Whatever maybe the case, try to stay low key, your return will not be something worth celebrating about as many people, especially victims of the hacking incident, will remain suspicious about you.

The "password" to the LastPass account was found in the source code leaked by genjix. I didn't set it or leak the source code.

I have only heard of "innocent until proven guilty", not the other way round. Plus, how can innocence ever be proven? I can get a police clearance tomorrow, if you like.

EDIT: Clearly CJH is an outsider. Even I am not the member of the company. I sold Bitcoinica in 2011.

"Innocent until proven guilty" only works when you are facing a possible prosecution, doesn't apply when you're trying to get people's trust for your business.


Okay you may not give him the password, but how did you figure out it was him who did the hack? Did you have any evidence against him?
1327  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 23, 2013, 03:26:33 PM
Let me say a few things, Zhou Tong. I don't know if Bitcoinica was properly registered and where, but if it was, then CJH should be a member of the company and we should be able to see his name on some documents, or otherwise he shouldn't get access to the password, which is the company's assets, right? If you are not careful with that, then you have to prepare for the consequences, which is what you're experiencing now:you are unable to prove your innocence. For another, providing that you told the truth about the hacking incident, you were still being irresponsible for not properly storing the company's funds in cold wallets.

Whatever maybe the case, try to stay low key, your return will not be something worth celebrating about as many people, especially victims of the hacking incident, will remain suspicious about you.
1328  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: April 23, 2013, 02:58:30 PM

I dare them to put the entire Thai M1 on table and it would not be enough to stop the gold price from falling.

Oh yes, the whole Asia is buying but who cares? Who do you think pushed the gold price to the current level? It's not us.
1329  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 23, 2013, 02:22:22 PM
what caused the "crash" when it went to 136 on the 19th?

Last time when I bought at this price it crashed! So I better sell quickly now that I made 1% profit! Shocked
1330  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 23, 2013, 01:19:28 PM
These are taken from the old Wall Observer thread:
April 3:
Quote from: oakpacific
Haven't seen Loaded around for quite some time.
April 7:
Quote from: Loaded
Wild week ahead...
April 9:
Quote from: Loaded
This is only the beginning.
April 10: Crash!
Recently:
This week is gonna be fun.

Why should I welcome you, Loaded Stormcrow?

A just question, my liege. Late is the hour in which this venture capitalist chooses to appear. "Lathspell" I name him. Ill news is an ill guest.






Maybe Loaded just got furious because of your comment, now repent before you feel his wrath. Tongue
1331  Economy / Speculation / Re: mtgox claims $5 to $20 million per day incoming funds... on: April 23, 2013, 12:54:28 PM
Okay bears now is your chance to be creative on how $5 to $20 million incoming cash per day into bitcoin will send the price lower.....LAWL  Cheesy Cheesy Cheesy
Easy - "MtGox is lying"
 Cool Cool Cool


Try to be creative, it's Mt.Gox moving their own money around over and over again! Grin

PS: Smoothie, what kind of refutation is this? Obviously all of these chart sites are also part of a conspiracy group, and they are lying as well! Everyone is cheating on you, you're being played, SELL!SELL! Wink
1332  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 23, 2013, 12:47:41 PM
Some bullish news: http://www.reddit.com/r/Bitcoin/comments/1cxdrr/reuters_tv_interview_with_mt_gox_in_tokyo/

Inflows: Between $5 million and $20 million / day
Outflows: $300k to $1 million / day

That means that in April between $100 million and $400 million was added to the market. When confidence is restored, the price could go ballistic once again.

Wow, no wonder the bid sum keeps hitting new ATHs. 23m and still rising

No surprise here, who did you think bought 200M dollars worth of bitcoins at $50-$100?
1333  Other / Off-topic / Re: Idiots! School next to fertilizer plant in West, Texas, explosion. on: April 23, 2013, 07:07:09 AM
Do they teach about the chemical properties and applications of the ammonium nitrate in U.S high schools?

I would feel absolutely troubled if I know this thing is being produced and stockpiled in large amount at somewhere very close to where I am.
1334  Other / Off-topic / Re: user Znort789 on: April 23, 2013, 06:57:55 AM
I figure there is at least a theoretical possibility that he finds out who is Satoshi and don't want anyone else to know.
1335  Other / Politics & Society / Re: Drunk driving on: April 23, 2013, 06:16:25 AM
I wonder when will people start arguing whether you require a license to drive....
1336  Bitcoin / Project Development / Re: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: April 23, 2013, 04:49:57 AM
Considering the number of offers for lending and the minuscule amount of requests to borrow, has anybody actually succeeded in getting his RECENT offer borrowed?

I am borrowing, I don't know why other people should not be doing the same, the rate is so good.
1337  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: April 23, 2013, 04:44:11 AM
Berwick

I am new to the forums but really don't understand how the moderator has not removed this thread.

This is the thread in which he notifies subscribers that he's sent an update. Why is it always so hard for noobs to understand this?

Perhaps because he uses very troll like code terminology instead of saying 'new update' or something.

look you idiot.

when new or existing subs get inexplicably dropped off the sub list due to glitches in gmail, they won't know that they missed an update unless they have an alternative place to reference.  it's a system that works very well and my subs know it.  the cryptic wording allows them to match the updates email subject line with the notifications here w/o giving away the content to non-subs.

go away.

Glad spamming the front page of our forum helps your subs when there are glitches in gmail...


Allow me to translate: I spam this thread multiple times a day to shamelessly promote my business while using the veil of glitches in gmail. Other thread that got pushed off the front page because of me? Too bad.

I'm sure you contribute a lot to your subscribers, but no need to be an asshole to one of the many people annoyed at your constant spamming of this thread.

Ask yourself: How would this forum look if everyone who had a bitcoin business bumped their thread with every update?

You're exactly right, everyone who had a subscription service bumped their thread with every update is exactly what happened on this subforum: we have three paid analysts and that's what they have all been doing. It's the house rule, nothing to see here.
1338  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Jon Matonis pushed aside now that Bitcoin is becoming mainstream on: April 23, 2013, 03:15:05 AM
The more I read this, the more I believe Satoshi was smart to stay anonymous and vanish early and stay away from all of this, lest he will get all kinds of pleads like "Please, Satoshi, we need someone to make a decision for us, you should stand out..."blahblahblah
1339  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 23, 2013, 03:08:24 AM
Great to have you back. Thanks for the music videos in the meantime!

I'm pretty sure that I don't deserve the attribution of the videos. I didn't have time to enjoy them but I will when I'm bored.
Well, you have a name in the community as you are well aware of. I am looking forward to your contributions.

Pretty much said it, OP'd better stay low key.
For the record, I have no problem with Zhou Tong. I was not involved in the bitcoinity problems and I have no strong opinions on the issue. And I am not sure this is the right place to discuss it.

Me too, I just think he needs a reminder as you have so implicitly put.
1340  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 23, 2013, 03:05:36 AM
Great to have you back. Thanks for the music videos in the meantime!

I'm pretty sure that I don't deserve the attribution of the videos. I didn't have time to enjoy them but I will when I'm bored.
Well, you have a name in the community as you are well aware of. I am looking forward to your contributions.

Pretty much said it, OP'd better stay low key.
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