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21  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 29, 2013, 10:08:26 PM
Just a piece of speculation, nothing that I advocate, but I believe I'm not alone to think about this.

Gox is likely sitting at nice stash of btc, and if they are insolvent, they might want to sell large portion of btc at the highest possible price.
So gox manipulates the price and makes others to follow, until volume there is enough high to make them so.
Rising price can also induce more interest in bitcoin and thus influx of newcomers buying into btc (most of them may not be buying at gox, but still easing their effort by eating sell walls at other exchanges). Also, here could be helpful the secondmarket news, to which the rally would be accredited in media, thus finding more plausible and bullish explanation for the raise.
Where that goes is clear. In later stage of rally gox starts to dump (not only on their own exchange of course). Also more players exit their positions. With gox losing its market share and ask sum at other exchanges growing, the market peaks and a crash follows.
22  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: September 29, 2013, 07:00:17 PM
Volume has been a joke for days now, anyone care to explain to an amateur why the price is rising?

Observing order book I would say that someone is pushing price up at Mtgox (also volume raised there lately), Bitstamp is following (at lower speed).  But I'm also an amateur.
23  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 28, 2013, 06:19:22 PM
This BIT will almost certainly utilize fractional reserve, as all the similar gold and silver entities have done, and act as an agent of price manipulation. (If not, the relevant authorities will shoot it down or make sure it won't even launch.)

He stated himself that they are providing investors the appropriate tools (bitcoin addresses) to prove that the bitcoins are there. It's up to the investors to keep him honest, but with Bitcoin its so easy.

That'll get leaked. For sure.

Once enough HNW  individuals figure out that infos about the activity of their investments can be leaked via traffic analysis that anyone can to—they'll all be clamoring for Zerocoin.

Or they'll just invest in funds like BIT, where their individual activity leaves no trace in blockchain.

The BIT wallets would though. And the'll be wanting to close that leak except to the select who have signed NDA's. A lot of their investors will want that potential leak closed to the public as well.

Yes, I misunderstood Holliday's post, and realized that only after I hit the Post button...
24  Economy / Speculation / Re: DAE think we are headed for a pretty large breakout soon? on: September 28, 2013, 04:07:11 PM
so the rocket is fueled & ready to go ?





edit: i wonder what the spoon is needed for ?

To dissolve a stuff from silkroad?? The rocket crew may need some fuel as well...
25  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 25, 2013, 04:33:51 PM
I took the majority of my funds off Gox a while ago but keep a coin or two there to play with. I have an unverified account, and to test out this FUD I just withdrew 0.145 BTC with no problems. Right now the transaction is still unconfirmed. Edit: It is now confirmed in my other wallet.

https://blockchain.info/tx/64d5580f5b133c2fffde6dc3f693b23fb14400834eb1d5847b0f4e2684cd356d

perhaps they have a threshold. if you're withdrawing more than XXX coins (worth $XXX USD), then you must be verified.

speculating.

It used to be up to 100 BTC daily. But JimboToronto now says he is unable to withdraw 50 without the verification. So they changed requirements, and I speculate there might be varying conditions upon which Gox decides what verification bullshit is required for a customer. Like country of residence, desired deposit/withdrawal method, and amount you wish to deposit/withdraw. There are 3 levels of account status - unverified, verified and trusted - the last one is with notarized and translated documents, but this used to be required only for big transactions.
26  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 24, 2013, 06:56:09 PM
wtf girls and guys, is 123 the new 5?


I was thinking about the same today.

Furthermore, from 5 it went only higher.
27  Economy / Service Discussion / Re: Withdrawing on BTCe error "Money hold. 40625 min left" on: September 22, 2013, 04:54:33 PM
If you would have just read the notes right next to the payment data (IBAN, etc.), you would have found:

"Our bank may ask your documents due to a high fraud activity. If you seen in your btc-e account a money hold please provide a copy of you ID and utility bill in high res quality (>300DPI), create ticket with your ID in subject at https://hdbtce.kayako.com and upload your docs inside"

 Roll Eyes
28  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 10, 2013, 11:28:56 AM
I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.  Shocked  We haven't seen nothing yet!   If you think April was volatile, just wait... Roll Eyes  I'm sure it will happen again.

You're a little confused if you think 20 mill would take the price over 1000.

Our friendly whale who put in about 4 mill brought the price up from $1XX to $148.90. And thats with a few more million from other people. So, 8 mill -> $40

But 20 mill [and lets say, 40 mill] -> +900? Dont think so.

Of course if your friend grandma is braindead and clicks market order 20millUSD, then yes, around 10kUSD/BTC spike.

There must be a reason most mega-wealthy people have bothered to put a couple million into bitcoin.
LOL yeah! Well the people I know are of the kind of personality that would so something like that (buy $20 mil market order) just to see the affect and have fun with it haha. I'm sure they'd get a good laugh about it. Although she is the kind of person who has her assets in money markets and stuff, and is not so risk averse, so it might not happen anytime soon until she passes away or something and the inheritance is passed on to her children/grandchildren.

That would be a very dumb decision, since the investor could get much better price for most of the coins by buying it gradually and systematically. People acting like you've described never make big money or quickly lose it. They aren't doing haha while getting worse deal than they could have. Sorry, but your posts sound like childish nonsense.
29  Economy / Trading Discussion / Re: Seat of Your Pants Crypto-Currency Trading Guide on: September 05, 2013, 02:36:27 PM
This guide is great to start with, but in my opinion the most vital and essential part is missing there. I talk about psychology of trading.
Most ppl that wipe off their trading accounts are leaving the scene not because the lack of technical knowledge, but because of their inability to control themselves. Mostly psychology is the key that separates 20% (maybe less) of succesful traders from 80% of loosers.
The Disciplined Trader by Mark Douglas is a great book on this topic.
On trading generally I recommend to read Long-term secrets to short-term trading by Larry Williams.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: [IFC] Free IFC - Infinitecoin Giveaway! 4000 IFC to the 250 first users! on: September 01, 2013, 09:14:46 PM
iJuXszQx3qw589oaTC6oktdqUX4jZE25qL

there was a time when I was an infinitecoin half-billionaire  Cheesy Cheesy Cheesy Cheesy

will cry to hell if we'll see  IFC at 1$   Grin Grin maybe i should buy back few million, just in case Shocked

thx
31  Alternate cryptocurrencies / Altcoin Discussion / Re: [ZET] Zetacoin Giveaway - 10 ZET per person on: August 28, 2013, 10:48:44 AM
ZVGXU8q9fqTHPgud3rvp9QmdAHtyjTH45Z

thx Smiley
32  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: August 18, 2013, 05:27:59 PM
Why we don't see Lebowskis in the list anymore, and today also IFC disappeared?
33  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Free PrimeCoin Giveaway for Everyone on: August 01, 2013, 11:54:01 AM
frack

thanks Smiley
34  Alternate cryptocurrencies / Altcoin Discussion / Re: [Primecoin XPM] [Giveaway] Share Something about Primecoin ~ Get A XPM Tip!!! on: August 01, 2013, 11:15:23 AM
not much, but voted for listing on BTC-E exchange

https://bitcointalk.org/index.php?topic=263389.msg2827184#msg2827184

Aa5nraUyUzw59ZSJL4zj8uT69gYAyHjG8D

thanks  Smiley
35  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] PETITION Primecoin listing on BTC-e on: July 29, 2013, 05:38:05 PM
I support it
36  Other / Beginners & Help / Re: 0.001 BTC Loan Request on: July 26, 2013, 01:05:04 PM
I just signed up and don't have much to say, but I think you should ask Winklevosses or Lightspeed Venture Partners etc.

Can somebody ask to add Primecoin on BTC-E exchange, here: https://bitcointalk.org/index.php?topic=40889.0
?

That's why I signed up here. I'll send 0.002 BTC for such service  Wink. Just PM your address afterward
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