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1761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 06:21:13 PM
Bears are certainly much more deluded. Every crash is "the end".

They don't really believe that. They are trying to frighten coins out of weak hands...
1762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 06:19:59 PM
Kinda funny to see all exchanges act so different. Stamp/btc-e dumping, hyubi not really giving a fuck, and Gox is just sitting near that 1k mark like a kid with autism

Can we conclude that this sudden crash to ~750 in the Western exchanges was due to the news of Shrem's arrest?

Huobi was in the middle of a downtrend with occasional hiccups, but clearly it did not start that crash; and it reacted only slightly to it, presumably because of arbitrage trading.

It will be some time before the news of Shrem's arrest are translated and reported in Chinese media -- if they are at all.  Until this morning I had never heard of the guy, and presumably he and the Bitcoin Foundation are totally unnown in China. So perhaps the Chinese markets will just ignore the incident.

Shrem or the Russian Central Bank? Probably both.

I doubt the Chinese will care.
1763  Economy / Speculation / Re: 6000 BTC DUMPED ON STAMP! on: January 27, 2014, 06:12:40 PM
That's totally different than my BitcoinWisdom which I had running the entire time. (Changing time interval makes no difference.)

A few minutes ago there was a 15 000btc volume on the 15min chart, 5min was normal. Not 15min is back normal again. I think the site had a little problems...

I had the thing running the entire time and never saw that.

You had all time intervalls running all the time? I am not saying, that the 15 000btc volume is correct. I am just saying, that it was to seen on bitcoinwisdom for a couple of minutes. It was an error. Look at this thread: https://bitcointalk.org/index.php?topic=434748.0

No, I only had the 15 minute time interval running. I believe it is an error! I'll check the thread.

Edit: This is the only information I could glean from that thread. I never use such short time intervals!

There's a bug with the 1m and 3m charts on bitcoinwisdom that does this.
1764  Economy / Speculation / Re: 6000 BTC DUMPED ON STAMP! on: January 27, 2014, 06:11:34 PM
It's a new reminder that TA won't work when there's the real, persistent threat of somebody to unload a few thousand bitcoins.

The TA guys will argue this until their deathbed. This was obviously all predicted by TA.
1765  Economy / Speculation / Re: 6000 BTC DUMPED ON STAMP! on: January 27, 2014, 06:10:38 PM
That's totally different than my BitcoinWisdom which I had running the entire time. (Changing time interval makes no difference.)

A few minutes ago there was a 15 000btc volume on the 15min chart, 5min was normal. Not 15min is back normal again. I think the site had a little problems...

Perhaps, but this is the first day I have noticed anything like that ever happening.

and I look at these fucking charts a lot!

I'm curious to know if it is a problem between BitStamp and BitcoinWisdom, or BitcoinWisdom and you. I have these charts open on a second monitor 24/7 (and have never seen changing volumes).
1766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 06:07:37 PM
Kinda funny to see all exchanges act so different. Stamp/btc-e dumping, hyubi not really giving a fuck, and Gox is just sitting near that 1k mark like a kid with autism and doesnt even know whats going on.

Would you sell coins on Gox right now?
1767  Economy / Speculation / Re: 6000 BTC DUMPED ON STAMP! on: January 27, 2014, 06:06:29 PM
That's totally different than my BitcoinWisdom which I had running the entire time. (Changing time interval makes no difference.)

A few minutes ago there was a 15 000btc volume on the 15min chart, 5min was normal. Not 15min is back normal again. I think the site had a little problems...

I had the thing running the entire time and never saw that.
1768  Economy / Speculation / Re: 6000 BTC DUMPED ON STAMP! on: January 27, 2014, 05:59:55 PM
In the 5min chart on bitcoinwisdom I see 4times a volume around 1000btc. On the 15min chart I see 15 000btc volume. This thread says, there was a 6000btc sell off.

So what is true?

Here ya go:



That's totally different than my BitcoinWisdom which I had running the entire time. (Changing time interval makes no difference.)

1769  Economy / Speculation / Re: 6000 BTC DUMPED ON STAMP! on: January 27, 2014, 05:54:20 PM
Probably the legal defense fund of certain new yorkers getting liquid. 

LOL! Awesome.
1770  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 05:21:43 PM
Does this mean that anyone can be basically charged with money laundering  Huh

Of course. "The powers that be" can do whatever the fuck they want. Didn't you know?
1771  Economy / Speculation / Re: Near term price prediction. on: January 27, 2014, 05:19:43 PM

I've been around longer than that... never used Gox.

Of course, I'm not a "whale-rat". LOL!

Then you weren't rolling around a large ball of capital. (not a whale-rat)

I certainly wasn't rolling it around to Magic The Gathering: Online eXchange. LOL!
1772  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 05:15:42 PM
We now tune you in to the already ongoing thread, four threads away from this one. https://bitcointalk.org/index.php?topic=435054.0
1773  Economy / Speculation / Re: Near term price prediction. on: January 27, 2014, 05:13:22 PM
A whale well known to this board moron for having capital at Gox in the first place getting his capital the fk out of Gox:

FTFY!

This whale has been around since $10 Bitcoin days, claiming its ultimate top will be in the region of $375K.

Whatever you got to say to that, if you traded Bitcoin in those days you done it on Gox. Knowhere else had near the volume for any remotely large fish to feed on.

I've been around longer than that... never used Gox.

Of course, I'm not a "whale-rat". LOL!
1774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 05:00:18 PM
Two more arrested for victimless non-crimes.
I feel sorry for these guys, but that's one of the risks you take when you live in the land of the free fee.

FTFY.

Thanks  Huh

At this rate it shouldn't take too long before 99 percent of the US population is behind bars.

That will be interesting to watch. I wonder if anyone has done any scientific studies about how large a percent of the population is allowed to be in prison before the prisoners have enough power to simply say, "No."

Kind of like the studies on the amount of cars you can add until you gain "traffic".

If democracy would work, I'd say 51% can put the other 49% in prison. That would actually be an improvement over the system as it is now.

The 51% would be better off outright killing the 49%. The upkeep cost of having half the population in prison would be such a drain on the economy that the 51% wouldn't survive long.

Doesn't an increase in the prison-industrial complex create more GDP growth than the people it imprisons would if they were free? It wouldn't surprise me if imprisoning increases GDP, just like building hospitals increases GDP. You see, we need more sick people and criminals to grow the economy.

LOL! Yeah, sounds like a plan!

Broken window fallacy.
1775  Economy / Speculation / Re: Near term price prediction. on: January 27, 2014, 04:57:45 PM
A whale well known to this board moron for having capital at Gox in the first place getting his capital the fk out of Gox:

FTFY!
1776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 04:55:25 PM

Quote
SHREM, who personally bought drugs on Silk Road, was fully aware that Silk Road was a drug-trafficking website, and through his communications with FAIELLA, SHREM also knew that FAIELLA was operating a Bitcoin exchange service for Silk Road users. Nevertheless, SHREM knowingly facilitated FAIELLA’s business with the Company in order to maintain FAIELLA’s business as a lucrative source of Company revenue. SHREM knowingly allowed FAIELLA to use the Company’s services to buy Bitcoins for his Silk Road customers; personally processed FAIELLA’s orders; gave FAIELLA discounts on his high-volume transactions; failed to file a single suspicious activity report with the United States Treasury Department about FAIELLA’s illicit activity, as he was otherwise required to do in his role as the Company’s Compliance Officer; and deliberately helped FAIELLA circumvent the Company’s AML restrictions, even though it was SHREM’s job to enforce them and even though the Company had registered with the Treasury Department as a money services business.

Read more: http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1#ixzz2rcMboH7L

Boom

If the bold part is true, lol.

Pretty much. If you are going to try and run a "legit public business", don't fucking poke the bear in your spare time...

Let's give him the benefit of the doubt though, he allegedly did these all these things.
1777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 04:45:22 PM
Two more arrested for victimless non-crimes.
I feel sorry for these guys, but that's one of the risks you take when you live in the land of the free fee.

FTFY.

Thanks  Huh

At this rate it shouldn't take too long before 99 percent of the US population is behind bars.

That will be interesting to watch. I wonder if anyone has done any scientific studies about how large a percent of the population is allowed to be in prison before the prisoners have enough power to simply say, "No."

Kind of like the studies on the amount of cars you can add until you gain "traffic".

If democracy would work, I'd say 51% can put the other 49% in prison. That would actually be an improvement over the system as it is now.

The 51% would be better off outright killing the 49%. The upkeep cost of having half the population in prison would be such a drain on the economy that the 51% wouldn't survive long.
1778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 04:36:44 PM
Two more arrested for victimless non-crimes.
I feel sorry for these guys, but that's one of the risks you take when you live in the land of the free fee.

FTFY.

Thanks  Huh

At this rate it shouldn't take too long before 99 percent of the US population is behind bars.

That will be interesting to watch. I wonder if anyone has done any scientific studies about how large a percent of the population is allowed to be in prison before the prisoners have enough power to simply say, "No."

Kind of like the studies on the amount of cars you can add until you gain "traffic".
1779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 04:32:43 PM

Seems like a good excuse to shake up the market.
1780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2014, 04:31:54 PM
Two more arrested for victimless non-crimes.
I feel sorry for these guys, but that's one of the risks you take when you live in the land of the free fee.

FTFY.
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