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2161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2014, 04:39:06 PM
Yeah, I guess he's just trolling as 99% of the regulars here... Got to admit, he does it with style though!  Grin

Edit:
HDBuck has the 133+3$+ sig though from us all. Wink
2162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2014, 07:36:51 AM
dat feel when someone quotes the guy you've ignored who is trolling you Sad

i felt forced to ignore everyone who is is even once qouting a troll. Couldn't bear it anymore.
 Wink

FGS, quit trolling those who quote the trolls!  Grin
2163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2014, 07:28:54 AM

Quote
The Centralized Bitcoin exchanges seem to coordinate their prices across continental divides. One goes down – they all go down. The question is why the public tolerates their scam.

Gee, and all this time I thought that it was this thing called "arbitrage".

Yeah, either the writer doesn't know what arbitrage is or he's misinformed. The thing is though, he has a point:

Quote
Centralized Exchanges Counting the Days

Central Bank, Central Government, Central Exchange. I’ve been stomping their foot in this column for a while now without any response. Of course, the centralized exchanges Bitstamp, BitFinex, BTC-e, BTC-China, Huobi, etc. won’t respond – they have no retort. They’re hoping no-one will notice, and suckers will just keep depositing bitcoins in their vulnerable, corruptible coffers. Proof-of-solvency. Proof-of-reserve. Proof-of-existence. Proof-of-brain-bamboozle.

I really hope the regulative authorities do something useful and regulate what IS REALLY NEEDED to be regulated. Roll Eyes
2164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MAX] MaxCoin - MANDATORY UPDATE 9.3.1 - Sept 12 on: November 03, 2014, 07:02:17 AM
You know a coin is garbage when the fella it's named after hasn't even mentioned it in months!  This coin has been garbage from day 1 when they couldn't even successfully get it to launch on his show.

I second that. Too bad I got involved with that in the first place. I seriously doubt anyone from the devs or even Max himself is involved with this coin any more. I turned away my miners a while ago, but I can't say I'm not frustrated. This could have been done a whole lot differently and could had a bright future instead of being dumped in the dirt.  Undecided
2165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 10:10:11 PM
DON'T FOOL YOURSELVES! What truly matters here is which troll is the master troll.
Did you know there was a scale? Yes! It's fracking MEASURABLE!

Quote
Live Science reports:

To conduct the first study, the researchers recruited 418 people, with an average age of 29, to complete survey questions online. One of the measures of sadistic personality used in the study was the so-called Short Sadistic Impulse Scale, which includes 10 items that assess a person’s tendency to enjoy hurting others…

In the second study, the researchers constructed another trolling measure that they called the Global Assessment of Internet Trolling (GAIT) scale. They used this tool to assess people’s trolling behavior and levels of enjoyment. They also asked people in the study how much time they typically spent online.

The investigators found a link between online commenting frequency and the enjoyment of trolling, which is consistent with previous research that has established an association between excessive use of technology and antisocial behavior.

I believe I deserve a good GAIT number. But so much competition. Such trolls. Very drama...  Shocked

http://www.salon.com/2014/10/03/why_do_internet_trolls_troll_they_might_be_sadists/
2166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 09:32:57 PM
Why not just tell me how much ur hodling, so I can put some numbers to the lel?

What, a bit like 'i'll show you mine if you show me yours?'

what is lel?

lel=lol=lulz=funny

So, you're happy to pimp Bitcoin, but too ashamed/embarrassed to admit how much ur hodling? Cheesy

I know WHAT LampChop is HODLING...



 Grin
2167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 02:41:10 PM
Get over it; Shroomshie is the only REAL genius around here and probably the ONLY LEGIT way for someone to predict what the price will be within the next couple of mins...  Grin
2168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 01:07:27 AM

Higher difficulty means less profit for miners, so they need to dump more percentage of their daily mining income to pay bills.... That's something bad for bitcoin price (and only good for security).

Highers transactions means more users, but if they are not willing to buy then it doesn't mean price will go up. People like to invest when price is going up, and when they look last year chart they get scared as fuck. This users will probably buy, but they will feel the real urge to buy when bitcoin is 2x or 3x over ATH because bitcoin will be "cool again" and they won't want to "miss the train".

I have discussed at length in the other thread why it is naive to assume that miners (well most of the ones that matter i.e. industrial ones) have to dump their bitcoins in order to pay bills.

They have several other revenue streams that can cover these costs.

I would like to read that thread. Can you give me link?

Even if that's true, part of that coins are probably sold to lock profits and others in order to wait for the trend to change.

I'd like to read that thread too, because I have the urge to repeat that the price manipulation is based on the direct selling of a huge pool with the idea in mind to wipe out lower pools from existence. This could be certified (but not 100% proved) by checking the days destroyed chart. It's close to zero... THAT means Satoshi is NOT selling his stash. Oversimplifying also doesn't help. Of course the price goes down because of the more BTCs to sell vs less fiat to buy; but are you suggesting this couldn't be forged as well?

If you have another explanation please enlighten us. I'd very much like to know.

Edit: I concur with most of your opinions above. I share the same thoughts.
Cheers
2169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 11:46:37 PM
I'd say you seem easily baited and would do well with the ignore button, but hey, it's your sanity, not mine, and that's just, like, my opinion, man.

You really need to lighten up  Cheesy You are in the "Troll Observer" thread here. You'll need to learn to take everything with a pich of salt. Otherwise it's going to be you ending up in the nutt house.   Grin

Nah. This is totally wrong... It's called:

Code:
__          __     _      _             ____  ______       _______ _____   ____  _      _      
\ \        / /\   | |    | |           / __ \|  ____|     |__   __|  __ \ / __ \| |    | |     
 \ \  /\  / /  \  | |    | |          | |  | | |__           | |  | |__) | |  | | |    | |     
  \ \/  \/ / /\ \ | |    | |          | |  | |  __|          | |  |  _  /| |  | | |    | |     
   \  /\  / ____ \| |____| |____      | |__| | |             | |  | | \ \| |__| | |____| |____
    \/  \/_/    \_\______|______|      \____/|_|             |_|  |_|  \_\\____/|______|______|

2170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 03:28:54 PM
fonzie isnt fonsie, though?  Huh

If fonsie isn't fonsie, who fonsie REALLY IS??  Shocked Grin
2171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 03:26:49 PM
Up ~$10 from today's low on stamp.  
Trend reversal Cool

Aw you're such a sweetie... Grin



Eat me.


The only logic explanation for your answer is...


PS: I LOL'd too Tongue
2172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 02:42:03 PM
Up ~$10 from today's low on stamp.  
Trend reversal Cool

Aw you're such a sweetie... Grin

2173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 02:35:46 PM
Does anyone really doubt at this point a return to 275$?

Permabulls keep hoping, but what do they know? Wink
The real danger is not finding a new bottom from which a slow bull market can develop, that's normal,
the danger is that too many whales could panic sell below 300$ so the new bull market won't be able to
develop and we could see an extension of wave C and eventually possibly double digits. Shocked
80 $ doesn't seem impossible.

That would be awesome... I'd buy so much MOAR!!!!!1 Grin
2174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 31, 2014, 10:27:05 PM
Hate to bring up the bad news but there's an announcement today from one of my favorite mining pools out there, BTCGuild.

Quote
BTC Guild Shutting Down Likely Being Sold
Earlier today, a news post was made identifying that BTC Guild would be shutting down on January 31, 2015. This post is still available in its entirety on the Bitcointalk forum (https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478).


Just hours after making this post, multiple parties have expressed strong interest in purchasing BTC Guild and keeping it running. As a result, the previously announced timeline for closure of operations has been cancelled, and the site will likely continue without interruption.
October 31, 2014

Well; this is sad. I really hope they manage to sell it (as the latest news is) and keep it going. I hate to repeat myself, but I see no reason for the price to go down apart from this:

https://bitcointalk.org/index.php?topic=178336.msg9076376#msg9076376

Quote
   
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
2014-10-04, 11:22:52
Reply with quote  Edit message  Delete message  #180527
Hmm... I doubt that early adopters are selling at the moment (why would they anyway)? If it was so this chart would definitely be different.
https://blockchain.info/charts/bitcoin-days-destroyed

On the other hand an interesting thing to do is observe the hashrate chart during the time of the last "dump".
https://blockchain.info/charts/hash-rate

Interesting stuff. Maybe a great pool is "helping" to make this happen?
2175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 30, 2014, 10:48:00 PM
Either way, Monero is working to integrate I2P. As a difference, I believe I2P lets you construct a type of anonymous whitelist, giving you the ability to 'discard' nodes that are questionable. Check here for info about that. Additionally, it looks like anyone running an I2P program becomes part of the network, where with TOR you have to provide a node specifically set up to handle network traffic (so you can do firefox, etc. without setting up a TOR node and instead just install the program on your computer). This leads to some heavy scaling issues, but for something with very little information going across the network like a crytpocurrency network, it sounds like a good match .. I just don't think you're gonna have everyone streaming videos on it 24/7.

Yes, everything has its trade-offs. I'm looking forward to where this ends up as well!

Like I said on my first post that fired up all this conversation here: "NOTHING you're doing online is anonymous". The only thing we can do about it is taking our precautions; you see, I don't want to do illegal things with my money. I just want my invisibleness. Without it, most people who will own some serious amount of cryptocurrencies will have to change their lives for the worse when -and if- they go up the hill. I don't want my life to change. I also don't want some agency on my back hunting me down to get my XMRs or BTCs.

Just for the record though, if you seek for a good place to look for serious anonymity https://qubes-os.org/ is what you should look first (and probably last).
Maybe XMR implementation within this OS should be adequate enough for 99% of the users out there.

Cheers.
2176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2014, 06:53:39 PM
I don't understand this market.

a singularity created a paradox, and bitcoin market was born.

nonsensical... big bang created evrything
The big bang was clearly manipulated Tongue Smiley
+1 to the wows, something strange on bitfinex.

Nah, just as normal as this one:

https://www.youtube.com/watch?v=-ICmzmh_6XU
2177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2014, 06:39:20 PM
I observe a wall... Grin
2178  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2014, 06:15:15 PM
I don't understand this market.

You are in good company.
Whoever understands this market please apply for the Mensa test. You may as well be over 200.  Grin
2179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: October 30, 2014, 06:11:29 PM
a. This is an extraordinary prospect; thanks for bringing it up. I do have a question though... Could the ISP of yours (provided they're aware) pinpoint your XMR transaction in some way? (ie: by sniffing header i2pd packages?)

Big data analysis is a big business. Currently, most of it revolves around creating scoring programs to capture targeted data, even if that data is encrypted in your TLS/SSL protocol using RSA, ECDH_ECDSA, ECDHE_ECDSA, ECDH_RSA, ECDHE_RSA, it's still collected and stored based on a multitude of scoring systems, for possible 'pinpointing' later. This means that one of the major movements we're seeing is a literal countdown, equivalent to the ball dropping on new years, of valid quantum computers being developed. After that, someone would have to develop a quantum algorithm for specifically breaking each one of those in the protocol. That's just internet traffic, which likely has multitudes of levels of more juicy information in it than a Monero transaction right now.

I believe the way i2p would work with Monero, is that they would still be able to pinpoint 'an' i2p package, possibly from your ip address (which you can also obscure through a VPN). Anyways, that package would have a very tough time being tracked back to your ip address (someone else will be better able to explain i2p to you than me), but you should be able to use other things like mac address spoofing to give yourself even more unlinkability.

Long story short .. it would be a lot of work, and Bitcoin and likely every other Altcoin, along with just about every internet protocol in use, as well as most encryption standards in use today, would all likely be broken long before someone picks your individual transaction from your individual address (let alone even scored high enough to capture the data - blockchains are a little different though), and links it to another of your individual transactions, and same address, as the encryption used to prevent double spending on these blockchains is not yet secure against quantum algorithms.

If that's not a lot of security in 2014, I really don't know what else to try for here Cheesy

As for a quick answer to your question: Yes, but the timeframe in which they are capable of identifying exactly everything, is likely outside of a decade. Possibly even lifetime, but who knows! Even then, it still has to be economically feasible, so they likely aren't looking for Johnny buying weed. There's still a long way to go, provided everyone takes the right steps.

b. This is the way I bought the majority of the stash of mine. I mine a little right now with a small office farm. Are you referring to the possibility of renting a botnet just for the mining purposes? Hmm... Depends who's door you're going to knock. Wink

I'd advocate for an investment of your own mining equipment, before ever contacting a botnet operator and buying from them directly, but it's your choice. Fortunately, they would also likely be privacy-minded as well, so at least there's that in common.

Part of what I do for living is dealing with security systems. I assure you there's none without a flaw; (correction:except it's offline) at least one that "somebody with the proper funds and equipment" won't be able to pinpoint who you really are. I've invested in XMR for various reasons, but mainly because of that possibility it offers. Let's see how it evolves. I've got a lot of faith to the people involved. Wink
2180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2014, 06:04:18 PM


macsga Approves! Grin
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