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481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2014, 09:33:08 PM
http://www.ripplecharts.com/#/markets

 Shocked Shocked Shocked

And the xrptalk post states that he will start selling in two weeks. Might not be any fiat left...
482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2014, 02:47:53 PM


Uncanny resemblance to a dinosaur.
483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2014, 02:26:05 PM
https://ripple.com/forum/viewtopic.php?f=1&t=6862

Quote
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Hi Everyone,
I started working on ripple in the summer of 2011. I soon hired Arthur and David to help me. In 2012, I met Chris Larsen. He joined us about 5 months before ripple was launched. Chris, Arthur and I kept 20 billion XRP, of which 9 billion were mine. We gave the remaining 80 billion to OpenCoin.
I have given away and donated some of my 9 billion XRP to charities such as MIRI, Literacy Bridge, Give Directly, Mission Bit and others. I plan to start selling all of my remaining XRP beginning in two weeks. Because I have immense respect for the community members and want to be transparent, I’m publicly announcing this before I start. So just fyi…. xrp sales incoming.
Thanks,
Jed.
-----BEGIN PGP SIGNATURE-----
Version: Keybase OpenPGP v0.1.15
Comment: https://keybase.io/crypto

wsBcBAABCgAGBQJTfXm/AAoJED087Ujnqtv8fIYH/1JYnEkfWkx5gm+KEQk3hMFj
ePdvdDj0lWcaCw4SZIoP46IwincCdOysgaSlc4goUxz4n/sGa1pXUJQVJX8hFo+Y
nISFaEKVdXAUCWfU5TnnZmM4HTGq2KDCVchfyM3pq8BJS8RUIB/rHZ6szNdC69JU
QDWps3ykQNZXB7ct/Ss/Zt94EPYTcTinNuWLV4o2O1pnpui0JfO4fL3zjId3nEmN
AnEnt4HmPC+SRyG1qQJfruHUupMlI5aEVUbqh4yRN0TQv7eHpIXOK8RCOv4jkycJ
t3565HjA8MZ7VoqaClqx/PXlTpnNe1xzZqb/JQOAQEDRXhsk+jh1zRf5ea+sCRk=
=9Ktm
-----END PGP SIGNATURE-----

I didn't want people to wonder if this was from me or not so I signed it with my public key which can be found and verified here: https://keybase.io/jed/key.asc

source: https://xrptalk.org/topic/2629-selling-my-xrp/

Not sure if real.
484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2014, 11:10:51 PM
Anybody knows anxbtc exchange? They seem to have popped from nowhere and are now number 2 for volume.

http://bitcoinity.org/markets/list?currency=ALL&span=24h

"volume"
485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2014, 06:11:02 PM
6 billion market cap + 11 million bid sum on Stamp = lol.

Stop over complicating things.
486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2014, 03:22:11 AM
all the usual trolls out on the prowl. TTM & CCMFs.

It's strange that you consider TTM and CCMF to be trollish.

When I think of trolls, I think of Karhu, "confirmed" and "URGENT... BTC will fail".

To each his own, I suppose.
Sorry for the horrible grammar on my part.
The trolls are Fonzie and mah, and sometimes wally, the list is endless. Perhaps I should have spaced the CCMFs and TTM on a different line far away from the other statement. My point was in lieu of all the recent sky is falling naysayers↑↑↑, it seems as if it were time to board a train or something like it.  Wink

This thread would be incredibly boring without trolls.

You are welcome.  Cheesy Cheesy Cheesy
487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2014, 01:54:40 AM
last time, it went from about 130 to over 1100 - almost a ten-bagger

...

this time, it's launching from 450

my question to you is, when are you selling?



Before next Thursday, when it will crash to $270.
488  Economy / Speculation / Re: I smell something whale. on: May 21, 2014, 01:46:56 AM
Yesterday the volume was only 4-6m , the lowest I ever seen.
Now its booming.
Prepare your anus.

I've been eating laxatives all day and have something truly awful brewing.
489  Economy / Speculation / Re: Major western Bitcoin exchanges about to be investigated and probably SHUTDOWN on: May 20, 2014, 11:04:22 PM
What would happen with my bitcoins if I have them on a wallet.dat file from bitcoin-qt and bitcoin-qt stops operating?

Can I still get them in some other way?

You can import that wallet file at blockchain.info for one, or you can simply re-download Bitcoin-QT.

So bitcoin-qt will work forever?

No. The qt client includes self-detonation code that will activate at or near the year 2140.
490  Economy / Speculation / Re: Major western Bitcoin exchanges about to be investigated and probably SHUTDOWN on: May 20, 2014, 10:51:39 PM
Severing coinbase from stamp effectively kills stamp.
491  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 10:28:45 PM

This could explain the unusual 3-7$ spread that i noticed during the trades in the last hours.

See my edit. The stats are not accurate.
492  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 10:24:40 PM
Stamp's API broken? Total bid and ask sum unchanged since start of the rally.

https://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp

https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

*edit*

Stats definitely not accurate. Anyone know where I can find total bid sum?
493  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 10:06:33 PM
http://www.coindesk.com/renewed-optimism-drives-bitcoin-price-high-494/

coindesk attributes the rally to sudden renewed optimism. lmfao.
494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 08:10:56 PM


If the Winklis won´t launch their ETF soon, there won´t be any place around to sell your precious BTC for USD.
Will this affect SR 2.0 too, i´m a bit worried.  Undecided


Come on troll's. Have to do better than that.

Today's rally may have been triggered by criminals withdrawing coins before their accounts get frozen.

Seriously? How would that cause a rally?  It would cause a crash.


All that is relevant at this point imo is that the trend line has been broken upwards.

Withdrawing fiat is riskier. Makes more sense for criminals to withdraw btc, launder it and cash out elsewhere under new account.

Most of the buying pressure should subside within 24 hours. I expect a Thursday crash.

$180 by Friday.
495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 08:03:52 PM
Anyone know if the bitstamp thingis real and should we be worried?

If you are not connected to silk road, then why worry? I don't think the fed wants to shut down the exchange completely, but will prob target specific accounts.
496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 07:51:15 PM
http://online.wsj.com/news/articles/SB10001424052702304422704579570132275301414

Quote
U.S. authorities have opened a new front in their investigation into bitcoin exchanges and other businesses that deal in the online currency, examining possible ties between the firms and the online drug bazaar Silk Road, according to people familiar with the matter.

The new focus of the investigation is the latest indication of how the shuttered online drug market has become linked to bitcoin, tainting the currency with associations of shady activity as its advocates stress to regulators its legitimacy. It comes after prosecutors in January criminally charged the owner of one bitcoin exchange over alleged ties to Silk Road.

One of the people familiar with the matter said the investigation was at an early stage, and conclusions hadn't been reached as to whether the exchanges were connected with Silk Road.

Several bitcoin exchanges received subpoenas from Manhattan federal prosecutors this winter, including Tokyo-based Mt. Gox, once the world's most popular bitcoin exchange, according to people familiar with the matter. It wasn't clear which other bitcoin businesses have received subpoenas.

The subpoenas to Mt. Gox demanded customer-transaction logs and materials related to solicitation of investors. But prosecutors and Federal Bureau of Investigation agents also are examining whether the exchange and others like it may have processed transactions connected to Silk Road, the people said. Attorneys for Mt. Gox didn't respond to requests for comment.

Timeline: Bitcoin's Evolution
View Graphics
 
REUTERS
Mt. Gox suspended trading on Feb. 25 and announced the disappearance of 850,000 bitcoins—about 7% of the world's total—worth more than $470 million at the time. The exchange filed for Chapter 15 bankruptcy protection in Texas in March in a bid to stop customers from targeting the cash it holds in U.S. bank accounts.

Mt. Gox's demise amplified authorities' concerns about the stability of bitcoin, which isn't backed by any central bank.

The shadow of Silk Road, where users could anonymously purchase everything from narcotics to forged passports, long has hung over bitcoin, the only form of currency Silk Road accepted.

Exchanging other currencies into bitcoin with the knowledge that the funds would be used for illegal transactions could violate money-laundering laws. Even without such direct knowledge, financial institutions are required under U.S. bank regulations to maintain robust internal controls to prevent money laundering by customers.

Prosecutors shut down Silk Road last year and charged its alleged founder, Ross Ulbricht, with several counts of conspiracy and other charges. He has pleaded not guilty and denied being Silk Road's founder. A trial is scheduled for November in federal court in Manhattan. A lawyer for Mr. Ulbricht declined this week to comment.

Charles Shrem, a bitcoin evangelist and businessman, was criminally charged in January with money laundering at his company, BitInstant, which like Mt. Gox swapped dollars for bitcoin and collected a fee on the transactions.

Prosecutors alleged he conspired to help customers of Silk Road convert dollars into bitcoin to use on the market.

Emails Mr. Shrem sent furthered suspicions about connections his company may have had with Silk Road, a person briefed on the investigation said.

In an email to an unnamed person in April 2012, cited in court documents filed by prosecutors, Mr. Shrem said that "[Silk Road] funds a decent percentage of the overall Bitcoin economy."

In a February 2012 email cited by prosecutors, Mr. Shrem wrote "wow, Silk Road actually works," explaining he had just received a shipment of marijuana brownies.

Mr. Shrem and his alleged accomplice pleaded not guilty last month in federal court in Manhattan. A trial is scheduled for September.

"He's cooperated with law-enforcement agencies in the past, and he looks forward to getting this case behind him," said Marc Agnifilo, a lawyer for Mr. Shrem.

Today's rally may have been triggered by criminals withdrawing coins before their accounts get frozen.
497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2014, 04:52:41 PM
We are witnessing the exodus of coins from chinese exchanges before they finally get shut down for good.

*edit*

Fueled by foreigners who cannot withdraw fiat because they do not have chinese bank accounts.
498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 04:43:58 AM
I know it would be argued that Jorge is voicing this opinion to perhaps save someone from making bad investments but it seem more like fear mongering to scare some noobs to being afraid of China that they sell at or near a bottom.
his investment seems questionable, at best - to supposedly save us from ourselves.
I don't want to save anyone on this thread. I assume you all are adults and know the game you are gambling in.  I feel that I have an obligation to warn people who may be lured into investing in bitcoin with false promises, but they are unlikely to be reading here.

Yet you're still here with the speculators, appearing to only give a damn about the price of a bitcoin rather than Bitcon itself.  Your noble self-righteous crusade is either completely misdirected or, as you appear to be implying, pure bullshit as many of us have suspected since soon after you showed up here.

Ergo you're simply a disingenuous troll with tenure and nothing better to do than pursue vindication for your own misguided assumptions. 

I guess "I feel that I have an obligation to warn people" that sometimes smart people give deeply flawed advice for what they think are entirely righteous reasons, purely as a result of their own dogmatic, self-serving and unfounded convictions.

As I've said before, you're allegedly a computer scientist; if you think Bitcoin has problems, trying doing some computer science.  You could start by challenging your assumptions, kinda like a real scientist would.

Otherwise, the term "priest" and/or "cultist" appears to be much more suited to you than any of the people you usually try to hang it on. 

With all due respect etc.  Cool



/disagree, and imo we should replace that Brock guy on the Bitcoin Foundation Board with Jorge.

Anyone know if it's possible to nominate and elect someone against their will?
499  Economy / Speculation / Re: Who are these "big investors" and what are they waiting for? on: May 18, 2014, 03:21:30 AM
There are over 7.1 Billion people in the World, and less than 21 million BTC.
Look Out!
Here come the small investors.  Grin
If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels.

But unlimited altcoin.
500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 02:22:34 AM
http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12

Quote
FINANCE PROFESSOR: Bitcoin Will Crash To $10 By Mid-2014

Can still happen.
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