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2141  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 05, 2013, 09:14:50 AM
Pictures are hosted on edccdn.com, a private host by some guy.
Notice how this isn't linked to the deal.ebay.com/blog site anywhere. My best guess is it's a rouge admin.

What do you mean by it isn't linked to the blog? Did you check the entries all the way from August? I'm pretty sure it's linked there, because most CMS-software automatically links blog content.

I did.
2142  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 05, 2013, 09:10:10 AM
I did some digging and the video can be found on eBays own servers as well. I'm not sure who is allowed to post in this blog though (are all the posts from eBay employees?).

http://deals.ebay.com/blog/whats-the-deal-with-bitcoins-anyway/

Pictures are hosted on edccdn.com, a private host by some guy.
Notice how this isn't linked to the deal.ebay.com/blog site anywhere. My best guess is it's a rouge admin.

A rogue admin with damn good graphics and video skills  Tongue

Or with the money to pay somebody to do a 2 minute animation. Anyway I reported the issue to the ebay securitycenter.
2143  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 05, 2013, 08:59:59 AM
I did some digging and the video can be found on eBays own servers as well. I'm not sure who is allowed to post in this blog though (are all the posts from eBay employees?).

http://deals.ebay.com/blog/whats-the-deal-with-bitcoins-anyway/

Pictures are hosted on edccdn.com, a private host by some guy.
Notice how this isn't linked to the deal.ebay.com/blog site anywhere. My best guess is it's a rouge admin.
2144  Economy / Speculation / Re: Bitcoin investments & leverage on: September 05, 2013, 07:43:38 AM
The most stupid thing one can do ever.

Actually not doing this like I wanted to at $15 was.

In hindsight that's easy to say.
2145  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 04, 2013, 11:05:22 PM
You heard it here first. 9/4/2013 eBay is moving toward utilizing and/or allowing bitcoins to freely be bought and sold and/or incorporating it as a payment method via PayPal.

Not really. Ebay (via Paypal) made their position on potential bitcoin integration public in April, possibly before that. Most people dismissed it as them being dismissive (irony?), but I've had reasons to believe otherwise in the meantime.

Some people really need to stop it with the made up bullshit.
2146  Economy / Speculation / Re: Bitcoin investments & leverage on: September 04, 2013, 07:55:51 PM
Not really.
2147  Economy / Speculation / Re: Bitcoin investments & leverage on: September 04, 2013, 07:54:37 PM
Because it isn't worth the risk. There are people out there accumulating Bitcoins just for one thing: Squeeze the suckers who did it into default.

Well, for example most of my net worth is already invested in stocks, and I don't wont to withdraw my money from them because tax issues and because I wont to invest in other interesting things also. So without little leverage, it wouldn't be convenient for me to get large Bitcoin position just for the case that this will really go big. And missing this opportunity of lifetime is the risk I am not willing to take. If Bitcoin would totally crash I could still pay my loans with just little percentage of my other investments. So basically there is limitless upside and very little downside.

Smells like Bullshit.
2148  Economy / Speculation / Re: Bitcoin investments & leverage on: September 04, 2013, 07:22:20 PM
The most stupid thing one can do ever.

Said everyone when the price was $10/BTC...

And I don't understand why everyone kind of associate leverage with something like using you home as a collateral and going all-in. I mean if you for example you use leverage that is 5-10% of your investment portfolio, how could that be so bad thing? I actually think that it might be the smartest thing to do in some cases if you have access to low interests loans.

Because it isn't worth the risk. There are people out there accumulating Bitcoins just for one thing: Squeeze the suckers who did it into default.
2149  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: September 04, 2013, 06:42:46 PM
ok now panic  Cheesy

You're an evil bastard. Grin
2150  Economy / Speculation / Re: Bitcoin investments & leverage on: September 04, 2013, 06:34:49 PM
The most stupid thing one can do ever.
2151  Economy / Speculation / Re: Why has bitcoin jumped recently? on: September 04, 2013, 05:29:23 PM
I never wrote it's fake, every price movement is legitimate. Fundamentals don't mean shit when it comes to Bitcoin prices, it's a Keynesian Beauty Contest.
2152  Economy / Speculation / Re: Why has bitcoin jumped recently? on: September 04, 2013, 04:53:08 PM
The thing is, as this goes on and the asks are depleted on mtgox it sparks more confidence for the bulls, which in term makes them wire more money to other exchanges.
2153  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC coming to Gox? on: September 04, 2013, 04:43:08 PM
The price will probably be pumped heavily in anticipation of the launch on Gox. After the launch on Gox, the post-crash price won't be as low as the one it's going for right now, trust me. That's why litecoins are a great buy right now.


It already happened. LTC price reached 0.04 btc / ltc. Mt.gox is saying that they will accept LTC for months Smiley

Since 1.April 2013 exactly.
2154  Economy / Speculation / Re: Why has bitcoin jumped recently? on: September 04, 2013, 04:31:24 PM
True, mtgox is still the market leader. Current 30d volume of mtgox vs 30d volume of bitstamp is 566k vs. 334k. That's an interesting definition of "dwarf".

I'm meaning the amount of funds present in the exchange, not the volume. I think that there is a big discrepancy between the volume and the amount of funds in the exchanges. Others have been lot more active in terms of relative volume but that doesn't change the funds on the exchange itself.
2155  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 04, 2013, 04:06:03 PM

That may be, but it's true, it mainly happens during hard bounces after a selloff. These are rare occasions, but they are there.
2156  Economy / Speculation / Re: Why has bitcoin jumped recently? on: September 04, 2013, 04:01:54 PM
Spread is increasing overall, that the other exchanges follow mtgox still comes to no great surprise.
It is simply that the amount of USD in mtgox still dwarfs the amount present in the other exchanges. This can go a long way, in theory above the ATH actually.

The problem though is that there isn't really a mechanism to know where it would end unless you know how many funds are in the exchanges besides the order book.
2157  Economy / Speculation / Re: Why has bitcoin jumped recently? on: September 04, 2013, 03:55:05 PM
Feedback from the mtgox liquidity crisis, nothing else.

That's the same as saying that the crash from $266 happened because of DDoS, nothing else.

Not really, there were DDoS attacks all the way back during the rally which hadn't had any dramatic effect.

What remains is Technical Analysis which acts as an amplifier for volatility.
2158  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 04, 2013, 03:06:14 PM
Why's BTC-E lower than the rest?

why do you ask? have you ever seen it higher?  Grin

I have.
2159  Economy / Speculation / Re: Why has bitcoin jumped recently? on: September 04, 2013, 02:59:10 PM
Feedback from the mtgox liquidity crisis, nothing else.
2160  Economy / Economics / Re: Why do people trust fiat money? on: September 04, 2013, 11:34:54 AM
Which means that i'm currently enroute to my bank to convert all of my fiat into pennies.  I'll be at least 2.4 times richer.

BRB, PROFIT!1!!


You do know that penny sorting (old ones made of copper alloy) is an actual hobby in Internet Libertarian circles?
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