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1801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 12:38:59 PM
I think we will see a fairly healthy run if nothing happens tommorow, of that I'm fairly sure. The fact its on a weekend doesnt help though I'm sure people who are buyers will have sent their fiat in in good time.
1802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 11:52:05 AM
But why exactly did the Chinese exchanges pull out of the bitcoin summit
My reading of the Google Translate of the recent "five exchanges agreement" is: they were reprimanded for promoting investment in bitcoin in general and/or bitfund.pe in particular.  (There must be many common folks in China who lost their savings trading bitcoins, and that is bad PR for the government if it does nothing about it.)  Thus, as part of their effort to assuage the government, the exchanges decided to curb their marketiing of bitcoin investment, and in particular pull out of that Summit.

How can you lose your savings if it didnt go to 0 ?

The very worst you could do is lose 60% anything over that is your own fault for trading it. You cant blame the instrument if your a bad trader. This idea that the government needs to protect you from your own investment decisions is comical.
leverage, loans, or making bad trades over and over so it is greater than 60%.  You can make more than one trade in the market (people in the forum can't seem to understand this concept)

Read the bolded part, leverage ,loans and bad trades are the persons fault for being a bad trader or bad investor the very worst you could IF you just invested and didnt trade is 60%ish, what I'm saying is valid.

Besides putting all your life savings in bitcoin and then trading it to 0 is astronomically retarded and you deserve to lose it.
1803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 11:45:55 AM
But why exactly did the Chinese exchanges pull out of the bitcoin summit
My reading of the Google Translate of the recent "five exchanges agreement" is: they were reprimanded for promoting investment in bitcoin in general and/or bitfund.pe in particular.  (There must be many common folks in China who lost their savings trading bitcoins, and that is bad PR for the government if it does nothing about it.)  Thus, as part of their effort to assuage the government, the exchanges decided to curb their marketiing of bitcoin investment, and in particular pull out of that Summit.

How can you lose your savings if it didnt go to 0 ?

The very worst you could do is lose 60% anything over that is your own fault for trading it. You cant blame the instrument if your a bad trader. This idea that the government needs to protect you from your own investment decisions is comical.
1804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 11:20:04 AM
But why exactly did the Chinese exchanges pull out of the bitcoin summit, and what is the real chance they shutdown without notice in the next days?

Shutdown without notice is not that high I think, the chance of a shutdown notice being published is very likely imo.
With a deadline or two, of course!

The latest rumor is shutdown before 30 June

Source?
1805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 11:09:10 AM
The early adopters who play the market come under whale and super whale. Being an early adopter with a significant stash goes hand in hand with knowing lots of the business owners.
1806  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 100 ask 125 last 100) on: May 09, 2014, 10:46:05 AM
Remove WTB 0.000905 / 552 MRO / 0.5 / dreamspark {Full}


Add WTS 0.0012/ 550 MRO / 0.55/ dreamspark

Price doesn't multiply out on this one. Maybe 0.66?



Yep, haven't had my coffee yet. Cheers smooth Wink
1807  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 100 ask 125 last 100) on: May 09, 2014, 10:34:07 AM
Remove WTB 0.000905 / 552 MRO / 0.5 / dreamspark {Full}


Add WTS 0.0012/ 550 MRO / 0.55/ dreamspark
1808  Economy / Service Discussion / Re: Bitstamp TX Fee Exploit - Charge 1.16% instead of 0.2% without your consent on: May 09, 2014, 10:31:12 AM
They are still going to charge much higher than the posted fees in some cases. The minimum is $5, that's great. But what about $5.01? The fee should be $0.01002 but instead you will be charged $0.02. Okay the breakage seems capped at double now, but that's still a lot.

Their base fee is .5%.
If you place a $5 order you should be charged $0.025, but instead you will be charged $0.03.

In other words, even with their "fix", you'd get charged 20% more than advertised.

I see folks cheering because their answer to the situation was fast...
It's as if the people here would be happy to be served a plate of steaming shit in a restaurant, instead of actual food, as long as the waiter's fast.

so lets close our accounts in Bitstamp and start using your shitty exchange right ? because you've got it all figured out....

It doesn't matter whether he has an exchange thats worse or better he's demonstrating that there is still an issue. Rather than attacking him why don't you raise some valid counter points?
1809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 10:20:11 AM
The dump that will occur when nothing happens as per usual ?
1810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 09:48:46 AM
Has anyone seen these hardware wallets that went on sale in China yesterday and will be available internationally tommorow?

http://chairmancrypto.com/?p=54

http://www.bit-sky.com/index.php/hardwarewallet
I wouldn't put my coins on that wallet if I were you.. LOL!

Did I say I was?

Just intersted to see what people think, Trezor has taken forever so if these are ready Im sure some will sell.
1811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 09:41:47 AM
Has anyone seen these hardware wallets that went on sale in China yesterday and will be available internationally tommorow?

http://chairmancrypto.com/?p=54

http://www.bit-sky.com/index.php/hardwarewallet
1812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 09:37:07 AM
Are we still waiting for some kind of Chinese countdown to end at the 10th? Is there some explanation of the situation somewhere?

I beleive that the 10th was only a deadline to make statements by for the exchanges. Other than the bitcoin conference there is nothing I can find significant about tommorow.
1813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 09:01:25 AM
(And yes, Justin Bieber occupied the small room just next to us.)

The plot thickens.. My money is on Bieber and his entourage stealing the laptop!

Have you seen some of the people he has in his entourage? Probably couldnt even turn one on!
1814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 08:40:59 AM
It means he counted them but had no idea how many there were supposed to be  Grin
1815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2014, 08:55:24 PM
You should head into the #mtgox-talk irc channel to find out all the details of sunlot and their plans. It stinks to be honest.

They also want to spend $10mm on the investigation of the 'theft'.

1816  Economy / Economics / Re: Bitcoin transaction volume dropping on: May 08, 2014, 03:50:27 PM
It may be followed by the Chinese government recently strictly prohibited Bitcoin transactions? Just a guess.

When did the Chinese government restrict BTC transactions? Fiat transactions to and from exchanges as well as third party payment processors yes but there's nothing anyone can do to actual strictly restrict transactions.
1817  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 08, 2014, 03:03:13 PM
OK,I have to give up mine this
I have 4 E3 CPUs mined at 100H/S for two days and got none block Angry

Strange even at 10h/s on a laptop Ive found a block in the last 36 hours.
1818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2014, 02:56:57 PM
what a fucking joke, the last couple of days some of you were crying all around the place about the rounding up and about Bitstamp ripping customers off, and most of you agreed on the $5 min order, in fact most of you said it should minimize the effect, but today you are crying again about them doing what you wished for !!!!! what the heck is wrong with people  Angry




We know you like Bitstamp and you know some people who work there but people are allowed to have opinions. No ones crying, your the most irate person in this situation. If I didnt know better I'd say you were a staff memeber or share holder the way you jump up and down when anyone says anything about Stamp.
1819  Bitcoin / Bitcoin Discussion / Re: Bitcoin botnets - an article by The Cryptocurrency Times on: May 08, 2014, 02:46:29 PM
Interesting and also worrying..
How to detect and remove a botnet virus from a computer?
Malwarebytes?
There are so many Antivir and Anti-Malware-Programs out there. Just choose one.

Not going to be too effective, most botnets will disable anti virus and spyware. Couple that with constantly changing binaries and a large portion of antivirus software wont stand a chance.
So, take one of the thousands of AntiVirus/-Malware Boot-CDs/whatever.
Wouldn't I see it, when my anti-Virus Programm is disabled?

Yes in that case if it was simply turning it off you would see it but there are other ways of disabling anitvirus' without just turning it off. The main defence by botnet operators is more in the second half of what I said in regards to changing binaries, multiple types of malware and general slowness of some antivirus vendors to update their definitions. Not really the place to start talking about techniques etc but some googling will bring up some articles such as this;

https://blog.damballa.com/archives/374
1820  Economy / Service Discussion / Re: Bitstamp TX Fee Exploit - Charge 1.16% instead of 0.2% without your consent on: May 08, 2014, 02:07:20 PM
Hence the  Wink
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