Again signed message or gtfo.
2nd: That's no depth chart.
Poor you... no hard feeling. I can do this all night. Do what?  Reposting pic on page 3 for prosperity.  |
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This day on your bull-shit channel: Thanks for the graph i just did exactly like you wanted. Look in the post above you there is a live chart until the 15th. I'm talking about the ask wall lol Again signed message or gtfo. 2nd: That's no depth chart. |
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This day on your bull-shit channel: Thanks for the graph i just did exactly like you wanted. Look in the post above you there is a live chart until the 15th. |
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This day on your bull-shit channel: The linear line should cut through the word "happen", instead. lol the concept remains the same. |
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This day on your bull-shit channel: |
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looks like a cup and handle, maybe we are about to break out upwards? On second thought, I don't see there being enough confidence restored yet to move up past 130.
This is just a taste of next week. A lot of people are waiting out the weekend to see what happens. ahahah sorry guys, that big wall was me. Need to buy more b4 i let the train leave. cut the bullshit an provide a signed message. |
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looks like dead cat bounce.  |
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Lets recap:
During the rally we've seen short selloffs which were all accompanied by lag.
Lag is an internal mechanism of the mtgox infrastructure and not subject to network latency.
Neither the "lots of small orders" nor the "insufficiently funded orders" explanation makes sense.
The obvious conclusion: They hired inept coders which constructed a system which doesn't scale and covering it up.
This is core infrastructure which has become sustainable, a fundamental reason.
The worst part of this is market intervention by scapegoating, discontinuation of service and propping up of the volume.
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If you are sceptical become sceptical of the validity of the DDOS claim. This smells like a scapegoat to me.
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I like how everybody is bigmouthing their "plans".
e: beware of thefiniteideas chart. It is purposefully misleading by omitting the magnitude of the drop in the lower "big picture" view to make it look like the pirate ponzi crunch.lol my bad, that was actually an error. i suppose I accidentally entered the date improperly into bitcoincharts. its still the 12th for me  Thanks for the catch, fixing now. nice try though.  |
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Yea, the drop had to do with the lag and the ddos, so i don't quite get all the analysis about that.
Not really. The previous selloffs of the kind all resulted in quick recovery. This time it's actually a) negative press b) people actually becoming sick of BFL I wouldn't be surprised if it was actually BFL themselves cashing out via proxies and getting ready to run. Next thing: Look what people think of this. Even 4chan makes fun of us. Final reason: This time it's not some shit that "just happened" like pirate, it's core infrastructure problems. The gox lag isn't because of a DDOS it's because their inept coders. Bitinstant shutting down paypal and other options and stalling of SR sales. |
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I like how everybody is bigmouthing their "plans".
e: beware of thefiniteideas chart. It is purposefully misleading by omitting the magnitude of the drop in the lower "big picture" view to make it look like the pirate ponzi crunch. |
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yes for bull trap  |
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i bought ALL proudhons coins @ $66 , wait proudcunt has no coinz, lolz
Proudhon actually is a long term bull, I don't think he'd sell any. yea, thats why he predix single digis every post , lulz He wants more cheap coins. |
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i bought ALL proudhons coins @ $66 , wait proudcunt has no coinz, lolz
Proudhon actually is a long term bull, I don't think he'd sell any. |
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I'm sorry I did quit using windows.
You have permission to modify and distribute this in any way you like. I will answer any questions you have as long as I remember what I did with it.
it should work if you simply update the software in the representative folders.
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Read it again, what you described as a bull daytrader is actually somebody who is interested in the maximum on profit while taking the greatest risk. It's the all in/all out strategy.
One can only affect market direction by keeping profits in either bitcoins or dollars.
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Actually no.
Both the "bull" and "bear" daytraders you described have no impact on the market direction. ... Yes they would. A 'bull' daytrader would keep his profits in coins, or at the very least, buy coins with his profit on a dip, while a 'bear' daytrader would keep his profits in USD, slowly eating away at the bull's USD in the exchange. In the first scenario, the purchases are growing and growing in size. In the latter scenario, the bulls end up with less and less money and the purchases shrink over time. Then you described it the wrong way. Calls it right, price falls down. Daytrader buys in again, but since he is a bull, he buys Bitcoins worth his original investment... PLUS his profit. that should mean "Calls it right, price goes up. Daytrader sells in again, but since he is a bull, he sells no more than to get back his original investment. " |
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Actually no.
Both the "bull" and "bear" daytraders you described have no impact on the market direction. They buy and sell the equivalent each time.
What a bull daytrader would actually do is buying the dips and not selling. While a bear daytrader would short sell the tops, increasing the position each time. But both aren't traders, they are more like true believers/skeptics.
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I agree with you that they should be able to do it with a reasonably powerful computer -- one that could be purchased for under $20K. This is why I think their system is just inefficient. as I said in the above post, you can easily write an inefficient algorithm that just process orders really slowly, and gets exponentially slower as the order book grows. I don't know for sure that this is what their problem was though. Just speculating. If you are interested in how to implement a high performance one, look here, these guys are talking about creating an open source high performance engine that should be able to process thousands to millions of orders per second: http://www.reddit.com/r/Bitcoin/comments/1c7v6z/buttercoin_open_source_highperformance_bitcoin/ Yeah inefficient code is the obvious conclusion. Thanks for the link, lol I know this guy the world is small |
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