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3921  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 04:37:50 PM
Why everyone now turned bearish?
Just because we are at the end of the triangle and the only heavy movement you expect is down?

Both bulls and bears are crapping their pants ATM.

I personally already took my gamble buying quite a big chunk at $108ish. I felt like it. Nevertheless, up or down is only good. Up, for obvious reasons. Down, because cheap coins are always welcomed. I wouldn't mind to see all my bids filled, thus going all in, to then send all the coins to a paper wallet while I forget about this thread for a couple of years. No joking.
3922  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 08, 2013, 04:34:11 PM
wrong, this has not been proven a scam

what there are is interpretations biased for a scam scenario

and me biased for a delivery scenario

all in all, look at the combination of all the information that has been collected

delays to not prove scam, i have been waiting for 48hours no for a reply

You've been warned at least 50 times in this thread:

THIS IS A PROVEN SCAM

Thus, you are a) one of the scammers sockpuppet, or b) simply retarded.

Given the fact that your account was dormant for 2 years, and reactivated to participate in this thread only, I tend to think the right answer is a). Nevertheless, it's irrelevant. This is a scam, it was clear from minute 1, and everybody has been warned PLENTY of times.


3923  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the testnet reset? on: May 08, 2013, 04:24:15 PM
Its not there for testing the value of coins, I would say its for testing new hardware/software (ASICs, new mining programs, possibly wallets, etc).

With ASICs, companies can test them to be sure they work but not be blamed for mining on the BTC blockchain.

You can test software to make sure it sends coins correctly, rather than testing on the main blockchain and risking losing x number of bitcoins.

I see no reason for the testnet to have value, the name says it all, TESTnet.

But, say I want to test a new feature that has possible security implications. No one has any motive to try and exploit it, because testnet coins have no value. Then it goes into Bitcoin and gets raped.

That's plain stupid. Everybody has motivation because bitcoins HAVE value - and testnet is a copycat of Bitcoin.
3924  Economy / Auctions / Re: Avalon ASIC #3, 1 Module From Group Buy Hosting Plan [CAREFUL FOR SCAMS] on: May 08, 2013, 04:20:51 PM
Thanks John for trying to protect the community. Lately auction and customer hardware subforums have become a joke, the wild west where newbies get ripped off every day.

We would need 10 John's to keep these two subforums clean.
3925  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 08, 2013, 04:06:35 PM
And NOW you think it MIGHT be a scam, and you're asking for a refund? Jesus, we practically BEGGED you guys not to send them any money, because it was clearly a scam. Why, why, why did people not listen?

Beacause:

a) they are idiots
b) they are sockpuppets of the scammers

No other choices. And all the full/senior/hero members who have bloated this thread with "if they are not a scam, they should blah blah" are wittingly or unwittingly part of the scam.

There are no "ifs". This has been a clear and proven scam from day 1.
3926  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 08, 2013, 03:20:15 PM
Look at the bright side, at least you did not lose BTC25,000 (https://bitcointalk.org/index.php?topic=16457.0)
3927  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 03:13:42 PM
The calm before the storm



3928  Bitcoin / Hardware / Re: What does BFL "Order Complete" Mean? on: May 08, 2013, 03:09:33 PM
My status just changed to "complete" does that mean they shipped it? O.o

Your April order?

Keep dreaming, man Wink
3929  Economy / Auctions / Re: WTS 50 Shares in my Bacth 3 avalon A on: May 08, 2013, 03:02:45 PM
Beware: this user already started an auction, and decided to cancel it unilaterally without honoring the legitimate winner.

Source: https://bitcointalk.org/index.php?topic=162332.0

OP: I'm fed up of these subforums becoming a joke, full of a) bidders who do not honor their bids and b) auctioneers who decide to not honor the winners.

I think you did not get a price high enough for your Avalon, so you just decided to cancel the auction - this is not how an auction works. The winner, has won. And if you want a minimum price for your goods... Well, then you clearly state an initial bid in the OP.

It looks like mods are not going to actively blacklist users who abuse this subforums. But I will keep denouncing misuse so everybody can decide if loose their time in fake auctions, risking to be tricked at the same time.
3930  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 02:54:19 PM
Didn't check the data, but I'm the only one feeling this is the Wednesday with lowest volume in 2013? We had many weekends with more volume than this.

That would impossible to tell as we're not finished yet!



Wednesday trade for 2013: note that 9th Jan 2013 was VERY quiet, right before launching quietly into the dominant trend of the year so far!

This was @ 10:30 it's now around 37,000.

Thanks for the data, very interesting indeed. So volume is not so low, we had slower Wednesdays not only in January... But also in February!

Memory is a bitch. I guess it's just me, anxiously waiting for the tipping point we should see soon enough.
3931  Economy / Speculation / Re: [poll] 200$ bitcoins? on: May 08, 2013, 02:49:43 PM
Remember whe the price was largely insensitive to bad news, like the fork? Well now it's the opposite; we've had a ton of great news (Paypal, WU, Facebook ex-exec with Zuckerberg's ear, other big VCs at the Techcrunch conference, China, China, China!)[...]

This, totally.  I can't believe that the price jumped $100 on thin air, and now is piddling along on this kind of news.   And this is not just "news", some of these are strong indicators that the fundamentals are good.  These kind of VCs don't drop millions on a project without some very serious research.  The same would apply to China's ruling cadres, I would suppose.

It sometimes makes me question the viability of the $10,000 coin, which I always thought was a given if Bitcoin went mainstream.

It didn't jump to $100 "on thin air". It jumped to $100 because of speculative mania. We broke $20, and we had a lot of press coverage saying that Bitcoin was growing steadily. It was on all main newspapers at the end of January, how this "monopoly money" looked like it was getting serious. So it started growing faster. After that, we broke $32, and we had lots of news about how Bitcoin was skyrocketing, breaking all time high.... So at that point it started to grow exponentially.... Until the bubble popped.

"The price is going up up up", that's the only kind of news that will bring more and more people in, bubbling the price. Now price crashed hard, and the news that stick in people's head is that the ones who bought at $250 got burned BIG TIME.
3932  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 02:33:09 PM
Didn't check the data, but I'm the only one feeling this is the Wednesday with lowest volume in 2013? We had many weekends with more volume than this.
3933  Bitcoin / Bitcoin Discussion / Re: Why I'm switching to mXBT — and why you should too on: May 08, 2013, 02:29:21 PM
I happen to fully agree with this: we should start using mBTC

Psychological factor is VERY important. I'm sure that a lot of people would be eager to jump on the train if we started using mBTC, because +$100 for one unit of a currency, virtual or not, sounds way too expensive for the average Joe - even if technically is irrelevant.
3934  Other / Off-topic / Re: Proof that 2000 BTC (not 1000 BTC) is owed by Josh AND BFL. on: May 08, 2013, 02:05:16 PM
you want Josh to honor the bet? really? Josh? The same Josh from BFL? Honoring predetermined terms?

LOL +1
3935  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 01:51:17 PM
Shorting BTC is starting to be available on different platforms. When that spreads, we will see more downward pressure.

I am shorting it... and I know it will fall. Its just making all of you a fool

There is no BTC reality. Currency value equals to amount of gold it holds. BTC has nothing to back itself. No Equity. Pure liquid capital investement. When the anonymous japanese runs away with all your money.... people will cry here

My guess is this is pure troll (and Rampion, I think he's probably referring to Satoshi not Karpeles) but what's interesting about it is that there are people out there who believe so strongly in the simplistic 'gold-backed-or-valueless' thing that when shorting becomes easily available a significant amount of money will be bet against Bitcoin in this manner.

I can't see enough of the bigger picture to tell what how this would affect the market but my guess is they'll have to be borrowing btc from somewhere to short it so if there's a high demand then maybe there'll be profit to be made in lending at a reasonable interest?

He refers to Satoshi? Man, I'm writing a software so as soon as one of the first generated bitcoins move, I'm automatically dumping everything!

(just joking)
3936  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 01:48:35 PM
Who is the anonymous japanese? As this is a thread about MtGox, which is a Japanese company, maybe you refer to the owner? FYI: he is not anonymous and he is not japanese. He is French and his name is Mark Karpeles.

What is public knowledge about this guy? There is no Wikipedia article or the like...
Is he a weirdo?

Well, there aren't Wikipedia articles of a lot of CEOs. I'd say that 90% of CEOs in the world don't have a Wikipedia entry for them. But there is a Wikipedia entry for MtGox.

MtGox is a fully registered company, scrutinized by law, with a large history of legitimacy. That's why is such a pain to comply with all their documents requirements, because they are ultra legit.

Public knowledge about Karpeles? You have to be new to ask for that. There's a lot of public info about him. Start checking here: http://lmgtfy.com/?q=Mark+Karpeles+mtgox
3937  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 01:39:27 PM
I just had a source confirm who predicted the 110 price as of now at 6pm and further said, bitcoin will crash to 70-80 in the next few hours/1 day (depending where you are) followed by 50 and then stay there for a week or two and then bounce again after the conference to 120 and go back down.

Sell sell sell now for your profits.... and buy back...

cheers!

Price will drop to 50!!!

I have cashed out 10k ...waiting for $50 Smiley))))

BTC to go down to $50... sell sell sell


It will fall more... go below 90 in the next few hours

let the japanese and indians wakeup!

Quoted for the lulz.

Man, you did not get a single prediction right.
3938  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 01:32:05 PM
Shorting BTC is starting to be available on different platforms. When that spreads, we will see more downward pressure.

I am shorting it... and I know it will fall. Its just making all of you a fool

Currency value equals to amount of gold it holds.

I beg you pardon? What amount of gold does the USD hold? And the EURO? Could you enlighten us with concrete figures?

Shorting BTC is starting to be available on different platforms. When that spreads, we will see more downward pressure.
When the anonymous japanese runs away with all your money.... people will cry here

Who is the anonymous japanese? As this is a thread about MtGox, which is a Japanese company, maybe you refer to the owner? FYI: he is not anonymous and he is not japanese. He is French and his name is Mark Karpeles.
3939  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 01:20:55 PM
Shorting BTC is starting to be available on different platforms. When that spreads, we will see more downward pressure.
3940  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 01:06:23 PM
$111 seems to be a psychological barrier, it keeps getting close but everytime it looks like it will go through 111 it bounces back up again. 111 is a weird number though, don't know if that has something to do with it. Tongue
We are simply having an uber low volume period, we are at the end of the triangle. When we break it, in a few days, it will be funny and 111 will not matter anyway.

That's it, my friend. Let's take our positions for the battle in the meanwhile Cheesy
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