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3381  Alternate cryptocurrencies / Altcoin Discussion / Re: Say bye to ripple, prepare to say bye to litecoin on: May 06, 2013, 04:24:44 PM
I told you XRP gonna take off.

1 BTC is currently worth between 8750 and 5000 XRP. No end in sight....
3382  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 06, 2013, 02:39:06 PM
HAHA someone is desperately buying trying to prevent this from looking like the top.

Price drops to 117, and he clears out the asks to 124, hmmm....

I really whoever is doing this. Seems like an overconfident rich kid Wink

Another reason never to place market orders without a corresponding limit order.
3383  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 01:17:22 AM
This has the potential to be the last nail in the coffin.
3384  Economy / Speculation / Re: Massive bid wall - over $2,000,000 on: May 05, 2013, 02:24:20 PM
Uh that "trust" isn't so far fetched... They hold a majority of the capital in Bitcoins and Dollars. If that doesn't spell practical trust what does?

In the end it doesn't really matter how you guys feel, just your actions...
3385  Economy / Speculation / Re: Manipualtion and the future of Bitcoin - Poll on: May 05, 2013, 01:39:54 PM
Manipualtion?  Tongue
Often spell checkers don't work in the subject field, a true chore for some...
3386  Other / Off-topic / Re: Smoothie Public Diary (Unmoderated) on: May 05, 2013, 01:32:07 PM
I would like to go to the San Jose conference, but your government has a problem with people like me. Wink

Yes, there are reasons why I need to meet these people near where I live..

missing passport?
restricted allowance?

unwarranted self importance.
3387  Economy / Speculation / Re: Massive bid wall - over $2,000,000 on: May 05, 2013, 01:28:42 PM
I think the most effective thing to do would be to break that important 120$ resistance and then leave the wall there till it moves further, then sell somewhere above that. It takes balls to attempt that however;)

Most effective to do what?
3388  Economy / Speculation / Re: Manipualtion and the future of Bitcoin - Poll on: May 05, 2013, 01:22:08 PM
I think your voting points are all true to some extent. (Including the last one)
3389  Economy / Speculation / Re: Anyone noticed the parity between exchanges? on: May 05, 2013, 03:00:32 AM
I think you are trying too hard...

"What's the price on MtGox? Oh! Wow I better set my ask higher then!"

If that mechanism alone would explain it then why was there upto 10% difference in the past, and that consistently?
3390  Economy / Speculation / Re: Anyone noticed the parity between exchanges? on: May 05, 2013, 02:20:30 AM
Yeah I've noticed that too. Wonder how long it will last.

There is also something to consider about BTC-e
Most guys there aren't really that interested in trading BTC, mostly alts. But only LTC can be traded for USD so in order to participate in other altcoin rallies it is necessary to have BTC. Since there is a new coin on the table (FTC) that is what my guess is. Arbitrage has been very difficult do do in the past but there can be another arbitrage method I am unaware of.
3391  Economy / Speculation / Re: China : The next price bump on: May 05, 2013, 01:31:51 AM
you are the third guy who picks this particular post out of context.
3392  Economy / Speculation / Re: China : The next price bump on: May 05, 2013, 01:25:31 AM
Please stop nit-picking one point of an ongoing discussion.
3393  Economy / Speculation / Re: China : The next price bump on: May 05, 2013, 01:23:18 AM
As in - officials in Washington DC are having frantic closed door meetings right now.

Indeed this is very likely. I can't say I'm shedding any tears for the crumbling of the American hegemony though. The only thing is that it's not like Washington can do anything about it, except start another war...and that worries me.

You guys are getting ahead of yourselves again.

Bitcoin isn't perceived as a threat by any goverment nor is it considered something worthwhile of attention. That is the reason it was on Chinese TV in the first place.
It may "change the world", not in the way your Libertarian romantics tell you but more subtle, "under the radar" - in your terms.
3394  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 04, 2013, 09:12:25 PM
I'm fairly sure that there's far more bids today by people who loved China news story than by Chinese themselves  Grin

Bitcoiners don't need much incentive to stat buying or selling, just give them a news, fake one will do too and gox is banking on fees  Tongue

bingo
3395  Economy / Speculation / Re: China : The next price bump on: May 04, 2013, 08:39:58 PM
I remember reading a post a while ago where someone said x-amount of monies were coming from x-countries.

Is it actually possible to work out/see this data or was this the product of my overly-active imagination?

Would be really interesting to see that if you could remember. I haven't seen that.
In principle I can't think of a method of how to get significant enough data on that.
3396  Economy / Speculation / Re: China : The next price bump on: May 04, 2013, 08:27:13 PM
Gentlemen, stop it, we all that my penis is the biggest anyway.
ok then
pics or it didn't happen Tongue
3397  Economy / Speculation / Re: China : The next price bump on: May 04, 2013, 08:25:46 PM
Yes I did business there for close to 6 months.
So STFU! haha sorry but seriously.


You are posting from an unknown forum account with 25 posts.
Am I supposed to take your word for that?
3398  Economy / Speculation / Re: China : The next price bump on: May 04, 2013, 08:15:05 PM
Yes, but those sites need to buy Bitcoins,too.

As ElectricMucus said, they already have.


so everyone in China already knew about bitcoin before this CCTV event?  Roll Eyes  LOL.

Everyone that matters at this point.

Have you ever even been to China before? Obviously not or you'd realize how ignorant/stupid that comment was. BTC is relatively nonexistent in China, I would bet by per capita measures USA is easily serval multiples higher in terms of exposure and awareness to bitcoin

Have you?
3399  Economy / Speculation / Re: China : The next price bump on: May 04, 2013, 08:06:39 PM
You are the one who posted the tunnel vision snapshot of recent downloads. I am sorry you bulls look so alike, so that was the response to someone else. Could have been you.


All in all this whole thing is ridiculous. The time when a single TV special causes people to freak out was when we were in the lower single digits.
Now that we have seen press coverage on an almost daily basis this is something of a minor curiosity. In fact that current prices are remotely sustainable pretty much requires a continuation. And if that stops, run...
3400  Economy / Speculation / Re: China : The next price bump on: May 04, 2013, 07:57:41 PM
the sourcefourge DL graph isn't the "end all, be all" gauge" to predict Bitcoin investors/price anyways. Because:

1. You don't need the client to be an investor.

2. there are other sources to obtain the client.

True, but it was you who brought that up.
You're back-peddling.
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