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30321  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 06:36:43 PM
any bad news, or are we going down because low price going slightly lower is scary?
180,000 gox coins moving around

helloww, you cant be seriously thinking such "info" is effecting the price?
whats happening is just that there hasnt been a whale pumping the price for a while now and people just start cashing out. simple.




WE can rely on HdBuck to provide a NON-SENSICAL explanation.   WE know that both whales and regular people take advantage of momentum.. and the whales sometimes manipulate to see how far they can push it or exacerbate it to their further advantage.

any bad news, or are we going down because low price going slightly lower is scary?
180,000 gox coins moving around

They are being divided up into smaller and smaller wallets until they reach the approximate value of a single frappuccino.

Then, he will be able to quickly purchase millions of frappuccinos ... one quick booster shot at a time.
30322  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 05:56:24 PM
Andreas Antonopoulos has set up a fund to donate money to Dorian Nakamoto - if anyone's interested you can find the Reddit thread here.

Quote
Hi everyone, Andreas M. Antonopoulos here.
I'm fundraising for Dorian Nakamoto, the person named in the newsweak article.
I have no idea if this person is Satoshi, though it seems increasingly unlikely. However, it doesn't matter either way. If this person is Satoshi, then the funds are a small "thanks" and won't make much of a difference.
However, if this person is not Satoshi, then these funds will serve as a "sorry for what happened to you", help with medical bills his family is facing, any legal bills they may incur, or anything else. Most of all, it serves to soften the damage caused by irresponsible journalism and to demonstrate the generosity and empathy of the community, which I know is huge
Here's how it will work. I will collect donations to a single bitcoin address, posted below, with the following rules:
Donations accepted until the end of March.
At the end of March, donations will be converted to USD and delivered to Dorian Nakamoto.
If the donation is rejected by Dorian, then the funds will go to a charity of his choice
If he doesn't want to choose a charity, funds will be donated to the Electronic Frontier Foundation
Any funds sent after the deadline, will be donated to Dorian at a later date, or a charity of his choice or EFF as above.
After the end of March, I will make my best effort to contact Dorian and deliver the donations in USD. I will document as much of that process as possible to prove the donations were delivered, as long as that documentation does not affect Dorian's privacy.
The blockchain will provide transparency of all funds donated, which will not move from that address until the funds are delivered to the intended recipient based on the rules above.

The donation address is:
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
Donations for Dorian Nakamoto: 1Dorian4RoXcnBv9hnQ4Y2C1an6NJ4UrjX -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.13 (Darwin) Comment: GPGTools - http://gpgtools.org[1]
iQIcBAEBAgAGBQJTGfpbAAoJEDObAhCxYy501RoQANnJtZYPVqo2d/M2vcbNBfQ0 zUnFum+B4YxrjIeRkM4m9mDvnRWN3xccUARFi7QeW4C9qnuvKJOUMHX4Iw48sBgD liXGEVUqkvvUPNkeS0QY5kdD+H/8xFxtlKrowzKFweZBU44HOnz00yISRW/Q4wIi THUTiorZESNi8+2yaIvAW6HViS8jSD7GM37Xfe/s5lhOjKe30LnFRrlDBmveMS8p vxOwB6WgyradedlyqoWTMsH7wj/9vRw0aPCsaCnSTIwG0tkSDcTQf83pPHxYpi6B gGPxXoGC/TOt0yCQRclHSYm92e+fJiEApq3JUOLVxGAmAk9qF7B8dL5tcq5C71fb H48cEe91tNv9L9nyluPxpZnMcd+Qfc38EtKviTkDazpdU7M30J2ttP2amfh4PDkW W+ABvKjyy/MO8j4YHGUCZA9YxgAAoY2yvk1Cf4lHNA/c5Pg3aE8B2rt0wx8fbGoY jyHn3w/0Ty4yhWfpp+cMAeZuIqL4MJMBl2e28pgm7B5Kum8rt/jWreEyRQpCuwRK eIgdGBZpv5UjR/3TL9GC1xcRDcXPGcrVCngOQFUr/3oQ3Zibhxk0z26bvLpYTdvc 9o0VJP3rO8R31Nim1F629/hmklHUwS+nvPH/u/jgswKl4cWB29dVszj3ubB5Opry [2] BjZ8H0MoTbE8KNH9XZaO =dp1E -----END PGP SIGNATURE-----

My PGP key for blockchain.info email address is well known, widely disseminated and can be validated by many others. Use only the address above for donations, all other addresses are scams


That is REALLY ingenious.  I like it.



30323  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 05:48:12 PM
it is a tough thread to keep up with, you got an avatar, you get a pass

How do I get an avatar?

you had to have one uploaded before the hack


What hack?   And, are we gonna get the feature back... I mean, I would like to have my own personal avatar. 




As I wrote that it is absurd that we were going up, everybody was bashing on me and was writing "to the moon"  Cheesy

Now we go down and these morons are silent.

Thanks to your "to tha moon" BS I also get in panic and bought @685 with every money I had (50K). And now I´m fucked.

Surely we are all making estimates about what to do based on our information and knowledge.. .and sometimes based on what others say. 

In my thinking it is pretty unlikely that you are fucked at that $685 buy-in price, unless you sell and lock in your losses  then you would be fucked.  My average buy in price is around that same amount and I am NOT worried (but I only have invested about half that amount, so far, and my investments are diversified.... into other things as well.... so I am prepared to lose all, if things were to go too sour). 

Anyhow, I am buying more BTC if the price goes into the $500s, which may be soon... but I only buy in small increments.. maybe 1 BTC at a time, or less.  if the price goes lower, I will buy more.. but I also have a buy budget... only a certain amount at a time. 

I'm NOT selling or considering selling based on the news that I have NOW in front of me (unless I know for sure the price is going further down by like 10% from my sell, then I may attempt to increase my holdings buy buying back in at the lower price).  At this time, I expect that if I were to sell, then the price would reverse and start to go back up. 

Also, I expect within a week or so, we should be back into the upper 600s... and within a couple of weeks.. maybe stretching out into the 1 month time frame we should be between 750 and 850 area....

Of course, I could be wrong... and that wouldn't be the first time... .. so we each need to go with our gut and our risk profile and our current diversification of investments to make our decisions.

I know, normaly I would not panic because I bought in november for 14k @780 and was chilled all the time. But now I´m only worried becaude of these hundrets of thousands of Bitcoin movements from the wallets since yesterday. So I was a bit in panic mode.


Are you an ALL or NOTHING kind of investor?   

Personally, I would become too stressed, if I were to put too much fiat at any one price.   

Surely, I have been somewhat nervous that I began investing in BTC at its peak... in late November at $1200, but I am very glad that I currently have brought down my BTC buy in average to a little below $700... but I started during a rush up in prices... and I wanted to get in to get started... and in November  I bought 1.24 BTC for $1500 or something like that.... got my feet wet and bought little by little, thereafter. ...

Now I have about 36 BTC.. something like that.... And, like I said, if we get into the $500s, again, I will buy a little more BTC..  I get a bit nervous when the price is dropping b/c the value of my whole BTC holdings are dropping and also I get nervous b/c I am NOT sure what my next BTC buy point should be... I would like to purchase for as cheap as possible.. but I do NOT want to miss the boat, if the price dips and then raises again..   That's somewhat an individual guestimate.. and sometimes I will get a bit spontaneous and buy a little here and there just to make sure I get some. I'm thinking 1 BTC at $580... and then if it goes below $550 to buy another and then $530 buy a couple more... that would pretty much max out my March buying limit.




30324  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 05:01:26 PM
As I wrote that it is absurd that we were going up, everybody was bashing on me and was writing "to the moon"  Cheesy

Now we go down and these morons are silent.

Thanks to your "to tha moon" BS I also get in panic and bought @685 with every money I had (50K). And now I´m fucked.

Surely we are all making estimates about what to do based on our information and knowledge.. .and sometimes based on what others say. 

In my thinking it is pretty unlikely that you are fucked at that $685 buy-in price, unless you sell and lock in your losses  then you would be fucked.  My average buy in price is around that same amount and I am NOT worried (but I only have invested about half that amount, so far, and my investments are diversified.... into other things as well.... so I am prepared to lose all, if things were to go too sour). 

Anyhow, I am buying more BTC if the price goes into the $500s, which may be soon... but I only buy in small increments.. maybe 1 BTC at a time, or less.  if the price goes lower, I will buy more.. but I also have a buy budget... only a certain amount at a time. 

I'm NOT selling or considering selling based on the news that I have NOW in front of me (unless I know for sure the price is going further down by like 10% from my sell, then I may attempt to increase my holdings buy buying back in at the lower price).  At this time, I expect that if I were to sell, then the price would reverse and start to go back up. 

Also, I expect within a week or so, we should be back into the upper 600s... and within a couple of weeks.. maybe stretching out into the 1 month time frame we should be between 750 and 850 area....

Of course, I could be wrong... and that wouldn't be the first time... .. so we each need to go with our gut and our risk profile and our current diversification of investments to make our decisions.


30325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 04:41:16 PM
it is a tough thread to keep up with, you got an avatar, you get a pass

How do I get an avatar?
30326  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 04:33:17 PM


I don't understand the meaning of 143 million days destroyed... ...?  What could that mean...?   I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?






the way you have been throwing your weight around in here lately I expected better


I have little weight to throw around.   Sad
30327  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 08:33:45 AM

I don't understand the meaning of 143 million days destroyed... ...?  What could that mean...?   I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?



Coinage is a way of separating cold wallets and coins that are not in circulation from those that are regularly spent.
Basically any coin that is not involved in a transaction starts to accumulate coin age. It is a way of measuring if "old" money is being re-activated The amount of coin age "destroyed" tells you basically how many coins that have been sitting in addresses for a long time have been re-activated and used in transactions


Thank you.  I believe that I understand now... Nothing of value is really being "destroyed," but instead we have a measurement of the reactivation of a bunch of fairly dormant coins to create that many days of coinage destroyed in one pop.  On reddit they had calculated it to be an average of 800 days per coin, which makes them on average late 2011 or early 2012 since they had been last activated.

There are quite a few bad news scenarios, but definitely a good news scenario would be if they were gox coins and showing that gox still had access to some capital.  If these coins are NOT connected to gox, then there could be a number of scenarios.
30328  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 08:02:13 AM

Satoshi's coins are all untouched 50 bitcoin block rewards. Is that what has been moved in this link? I haven't bothered to click the link.

Nope , those coins are still untouched. Probably gox coins.
2011 coins Wink. Some old stuff.

I read through the Reddit thread, and the movement of the 180K BTC seems to be ongoing, and guys posting in that thread are following the movement(s) of the BTC and trying to figure out the significance, exactly of what is going on and whose coins they are and what is happening with them. 

I don't understand the meaning of 143 million days destroyed... ...?  What could that mean...?   I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?




30329  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 07:02:04 AM
Maybe you would like to send me a PM to clarify if you are inclined towards more personal discussions of this topic - that seems to deviate from the bitcoin subject matter of this thread... Usually personal matters, if that's what you are getting at, are better dealt with in private.  Let me know, either way.

Sincerely,

JJG

..........

JJG,

Please feel free to PM me at any time because I am curious to hear more about these personal matters to which you are referring.

Cheers,
Nick

Just sent PM to you.. ...
30330  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 06:28:56 AM
I am liking this new tone of conviviality and manners in this thread.

Yeah,

Maybe Nick and I could go for a coffee... or a beer...   ?   Undecided  ....  Kiss
30331  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 06:02:16 AM

How do we know that isn't Dorian trying to trick us?  Huh Huh Huh

WOW...  You seem to be onto something Walsoraj.....  that is really really funny to NOT hear from Satoshi in that particular thread for 5 years ... and then all of a sudden for some reason Satoshi Nakamoto, if that is really Satoshi, feels such a need to comment within that particular dormant thread and to say that he is NOT Dorian... ... I thought that we had NOT heard from Satoshi since about mid-2011 or so... which would then cause me to begin to believe that maybe Satoshi is Dorian.. b/c why would the real Satoshi care enough to reply in a dormant thread concerning whatever is going on with Dorian...   In this regard, the real Satoshi should NOT give a flying fuck about whatever is going on with Dorian or that Dorian is being confused for Satoshi.. unless Dorian is the real Satoshi...

Friend,

Please read again what you just wrote, as though you were another person reading it for the first time.  Your mind is cluttered with trifles.  This has nothing to do with what brought you here.

Sincerely,
Nick




Nick -

Pray, be more specific.  I have reread the paragraph, and I see NO problem with it, in terms of communicating my intended message.

Maybe you could highlight whatever portion(s) of the paragraph that bothers you or makes you believe that there is some kind of miscommunication, wordiness or misunderstanding on my part.  I'm surely interested in learning my faux pas or whatever other communication deviation that you believe that i may have made therein, so long as you remain civil about the matter.  

Otherwise, maybe you would like to send me a PM to clarify if you are inclined towards more personal discussions of this topic - that seems to deviate from the bitcoin subject matter of this thread... Usually personal matters, if that's what you are getting at, are better dealt with in private.  Let me know, either way.

Sincerely,

JJG





30332  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 05:47:25 AM
http://bigstory.ap.org/article/ap-exclusive-man-denies-hes-bitcoin-founder

Several times during the interview with AP, Nakamoto mistakenly referred to the currency as "Bitcom." When shown the original bitcoin proposal that Newsweek linked to in its story, Nakamoto said he didn't write it, and said the email address in the document wasn't his.

I kind of enjoy when people refer to it as bitcorn... makes me chuckle on the inside.
30333  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 05:40:28 AM


Let me get this straight.  You are obtaining your probabilities by detecting a pattern of behavior of the bots?  or how else would you be able to get percentages that change daily?    So maybe for example approximately on average every 4 days the bots break up or down... and the longer they go without breaking out, the more the likelihood for breaking out?  
30334  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 02:04:54 AM

How do we know that isn't Dorian trying to trick us?  Huh Huh Huh

WOW...  You seem to be onto something Walsoraj.....  that is really really funny to NOT hear from Satoshi in that particular thread for 5 years ... and then all of a sudden for some reason Satoshi Nakamoto, if that is really Satoshi, feels such a need to comment within that particular dormant thread and to say that he is NOT Dorian... ... I thought that we had NOT heard from Satoshi since about mid-2011 or so... which would then cause me to begin to believe that maybe Satoshi is Dorian.. b/c why would the real Satoshi care enough to reply in a dormant thread concerning whatever is going on with Dorian...   In this regard, the real Satoshi should NOT give a flying fuck about whatever is going on with Dorian or that Dorian is being confused for Satoshi.. unless Dorian is the real Satoshi...
30335  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 01:16:21 AM
today was a low volume day

~10,230 coins were traded for ~6,800,000$

price ranged from 675 - 650


i'm pretty sure depth on both sides is meaningless

How can depth be meaningless? The ask end filled, the bid side didnt.

You mean people are expecting it to break out? So they placing more orders? I would say the depth is more meaningful, when the price of the order is realistictly reachable in a couple of hours.

But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled...

whats going to make it break is when suddenly the mini walls on the front lines won't be replaced when filled

coming soon...

T-4 hours with 78% probability



YEAH... and the whales pull some of these walls (under their control) on purpose b/c they want to buy up those orders and move the price upward and suck up all those coins


But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled...

How will this look when we are at $3000-$4000 per BTC? Impossible for me...

It will look the same or at least very similar, just less volatile b/c it takes 5 times more fiat to manipulate.



So will BTC be on the cover of the next Newsweek?


Either Satoshi or Bitcoin will be Time's man of the year.... hehehe   Cheesy


By the way, what is CCMF?  Is it "Choo Choo Mother Fucker?"


What about Mark? haha I wonder if mainstream knows Mark Karpelese more than Satoshi.


Yeah... that is why we had that sword picture of Mark stabbing Satoshi b/c Mark considers Satoshi to be his competition ... that fucking evil little brat!!!









30336  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 01:00:58 AM
Interesting choice of words. Denies "being the creator of Bitcoin"...

We all know bitcoin evolved. Only the cultist wing-nuts believe it was created.

Tailor:    

I believe that my thinking is kind of aligning with yours on this point... maybe the longer we read each other's posts the more our thinking aligns... hehehe...

Surely there was some early creations that became inspirational to the evolution of bitcoin... and the evolution does seem kind of fanciful, when one thinks back upon it...... and whether some of the story or the lore of bitcoin is true may NOT be relevant - however, these kinds of stories will be used by pro and by cons to argue their points or even to argue concerning the original intent... and the direction that we should go with bitcoin.

 The white paper does describe aspects of the original intent, and maybe some of those concepts within the white paper will have to evolve to in order to adapt bitcoin to the real world bitcoin application and maybe unexpected turns of events that may take place, to the extent that the unexpected may come about?  Yes... evolution .. NOT creation.. . hehehe
30337  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 12:34:27 AM
who the fuck is hodling the bitch up at 660 Huh so its all goverment controlled already?


Personally, I do NOT believe that this BTC price matter is govt controlled.    What I believe happens, is that a wall is created... for example at $700, and then the wall creator, whale, manipulates to make it appear that there is a lot of selling resistance,  and then he allows build up of sellers to build up until all of a sudden he will pull the wall and also probably stimulate sales incrementally and the price will go up. He then cashes in on a lot of those sold BTC and then puts up another wall.. maybe at 700 or some other amount that the market will NOT easily penetrate... rinse and repeat ... these whales are making a killing... and they do so within the parameters of what we, as a conglomerate, are willing to pay for BTC.



30338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 12:14:02 AM
So will BTC be on the cover of the next Newsweek?


Either Satoshi or Bitcoin will be Time's man of the year.... hehehe   Cheesy


By the way, what is CCMF?  Is it "Choo Choo Mother Fucker?"
30339  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2014, 09:20:41 PM
Who will crash the market first?
1.Satoshi
2.Mark
3.FBI
4.(put name of unknown  hacker, druglord... in here ____ FONZI)
30340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2014, 09:09:57 PM
with his identity revealed, chance of a 'dump' or sell for money to assume a new life increased.  so I guess the fall is 'justified'

I doubt that even if he were revealed that he would cash out.  He may take some out, but NOT all in one shot.. that is too extreme and too out of character.
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