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5721  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 07:30:21 PM
...
it does NOT mean you are seeing yourself as a victim, merely because you are describing the facts, which is market manipulation (which only can be described as "Normal"  market behavior to the extent that the market cap is small enough to facilitate such and also that the BTC market is NOT regulated, so also allows more manipulation)

If only there was a way to hinder those manipulators, some sort of an agency to regulate the market...


Hello???   In my above post, I was describing the dynamics, and I was NOT, at that point suggesting a solution; however, you may be onto something, possibly.

Yet, maybe instead of regulations, there may be a way to allow for all trades to reflect in the price, rather than just allowing the exchanges to reflect the price.  

In other words, if all of the trading reflected the price, including those trades taking place over the counter and off of the exchanges, then at least it would take more money to manipulate the price.. there may be other infrastructure changes that also could assist with lessening price manipulation, but I am NO expert in figuring out potential solutions, even though sometimes I can recognize good ideas, if anyone at least can have an agreeable identification of the problem(s).

And one problem that we have, here , seems to be price manipulations on the exchanges and accumulation of BTC off of the exchanges...

Another problem that may be present is fractional reserve type uses of BTC and another problem may be exchanges using their insider knowledge to manipulate and profit... Some of these could be addressed - yet I am a little unclear about whether regulation would be the solution, especially, if there may be other mechanisms to correct the issues.

Err...  Exchange price reflects ...BTC price on that particular exchange.  It is not meant to be a general indicator of Bitcoin's welfare.  It tells you how much you would have to pay for coin there.
Just like the prices on the side of an ice cream truck tell you how much you 'd have to pay for an ice cream cone from that truck.
Not how good ice cream is.
Not what a fair price for ice cream is.
Not how much you should expect to pay tomorrow.
Just what you have to pay there, now.

The exchanges are for-profit companies.  They exist to make money.  They don't have to be your teachers or even your friends.  The only recourse you have, if you think an exchange is not doing what it should, is not use the exchange.
5722  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 06:38:20 PM
If someone could DDOS Bitstamp for a week we could regulate ourselves back to 800$  Smiley

Better idea:  We ALL could unionize and agree not to undersell each other like The Man wants us to!

...
Miners, unite!
You have nothing to lose but your chains!
You are the Bitcoin proletariat, your struggle is the class struggle!
If more than 51% of you unionize, you won't have to plead, you could DEMAND more $ per BTC, or else fork the fat, greedy oppressor!
The so-called "early adopters" will HAVE TO mortgage their fancy wives and houses to to protect their ill-gotten Bitcoin spoils.
The price will skyrocket, everyone will eat peaches and cream!
Fight the power!

UNION POOL NOW!
5723  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 06:27:06 PM
...
it does NOT mean you are seeing yourself as a victim, merely because you are describing the facts, which is market manipulation (which only can be described as "Normal"  market behavior to the extent that the market cap is small enough to facilitate such and also that the BTC market is NOT regulated, so also allows more manipulation)

If only there was a way to hinder those manipulators, some sort of an agency to regulate the market...
5724  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 05:58:37 PM
we got hodler hodling
we got biders biding
we got market buys

why isn't this thing rocketing!?

Just ignore it.  DANCE PARTY!

5725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 05:15:59 PM
...you ask your inspiration (risto, for readers who doesn't know)...

His followers think the world of him...

[img]shameless FUD[img]

Risto's trend line is at ~$2,500 now. There has never been a better time to buy bitcoin! This happens every cycle: everyone becomes convinced that bitcoin is finished, and then it rises again!

Risto is unwell.  His stay at the sanatorium did little to alive his condition.  Risto is wealthy enough to survive outside of institution's walls, but those who take his advice...  I worry, riiiiising, I worry.
5726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 04:58:20 PM
...you ask your inspiration (risto, for readers who doesn't know)...

His followers think the world of him...

5727  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 02:55:15 PM
What the f*ck itīs going on??? Why the price itīs still going down? This is sickness, this is not sense. Good news = price down... Bad news = price up? F*ck the logic.

These are the well known manipulators, who can let you think that there's no demand for Bitcoin, untill the price reaches a low that the're happy with and they will buy the shit out of you

What's stopping the other wales from buying now?  Are they all in cahoots?  You seem to understand these manipulators, how low do you suppose they'll drive the price?
5728  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 02:08:33 PM
Dead cat bounce, fake recovery, or failed to get through the $450s this time? What's your opinion? I'm really not sure, and quite scared, shorted a tiny tad more. Not convinced this is the bottom.

It's the same pattern we've been seeing with every dump.  TL;DR: it's nothing.
5729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 02:01:27 PM
You guys worry too much...

5730  Economy / Speculation / Re: I PANICKED on: September 17, 2014, 01:54:43 PM
It's just money, bunch of paper. What gives if you lose it... Money comes money goes. As long as you can afford food everything is OK.

If you have a family or kids, things are different.

Don't lose your faith, Satoshi is coming.

5731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 01:24:23 PM
These humongous sells across the board are actually really bullish.
5732  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 01:18:22 PM
454 Angry

5733  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 01:15:30 PM
...
I would sell my house, my car, and all my toys and buy the shit out of bitcoin if we go below 200.

...
The so-called "early adopters" will HAVE TO mortgage their fancy wives and houses to to protect their ill-gotten Bitcoin spoils.
...
UNION POOL NOW!

May I ask how to "mortgage" a fancy wife? I didn't read anything about "fancy wife" collateral in the new guidelines for bank loans. Is the banking director going to appraise her personally? Wink

Post pics, age, health and dental records.  I'm sure we can hash out the details.  What are you looking to get?

I was more interested in the overall process thanks.

IC.  Come back when you're ready to deal, but don't wait too long.
5734  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 01:11:21 PM
...
I would sell my house, my car, and all my toys and buy the shit out of bitcoin if we go below 200.

...
The so-called "early adopters" will HAVE TO mortgage their fancy wives and houses to to protect their ill-gotten Bitcoin spoils.
...
UNION POOL NOW!

May I ask how to "mortgage" a fancy wife? I didn't read anything about "fancy wife" collateral in the new guidelines for bank loans. Is the banking director going to appraise her personally? Wink

Post pics, age, health and dental records.  I'm sure we can hash out the details.  What are you looking to get?
5735  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 12:50:32 PM
just a quick thought:

it could also be possible that the manipulator is a large mining company that wants to push the price as far down as possible so that other miners get out of business and they get a bigger cut out of the cake


Who is the manipulator? Coindesk please ask the exchange.

5736  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 12:20:56 PM
...
Lot of miners have bought their equipment using btc, so they want to earn btc not usd. Also, lot of miners don't sell everything they make, at this price, you have to be quite desperate to sell the coins.

The miners need to unionize!




Miners, unite!
You have nothing to lose but your chains!
You are the Bitcoin proletariat, your struggle is the class struggle!
If more than 51% of you unionize, you won't have to plead, you could DEMAND more $ per BTC, or else fork the fat, greedy oppressor!
The so-called "early adopters" will HAVE TO mortgage their fancy wives and houses to to protect their ill-gotten Bitcoin spoils.
The price will skyrocket, everyone will eat peaches and cream!
Fight the power!

UNION POOL NOW!
5737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 11:43:19 AM
...
Lot of miners have bought their equipment using btc, so they want to earn btc not usd. Also, lot of miners don't sell everything they make, at this price, you have to be quite desperate to sell the coins.

The miners need to unionize!

5738  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2014, 10:53:14 AM
460


5739  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2014, 07:54:43 PM
...natural organic growth...

Wholesome, humane free-range coin!
5740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2014, 07:49:40 PM
Gentlemen!
Time to step up and preserve the value of my coin with your worthless fiat.  Buy now pl0x, rousing speeches ain't doing it Angry

@riiiiising:  Don't let them get away with that shit--buy it out from under them!
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