Sandwiched between two walls at 104.85~ and 105.01
How amusing
104.9 and 105 |
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It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability? Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing. How? With this lag? There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks. If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact. Ah well i'm looking at a chart. Not on Gox itself and it shows prices all over the place and quite some lag. What do you mean by lag? It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability? Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing. How? With this lag? There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks. If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact. Your risk return spectrum is a little wide for me. What do you mean? You would go with less bids and asks in front of you? I mean, that usually makes sense.. but the volume was so absurdly high, even 5k on both sides would have gotten you some returns. 1-2k seems like a "safe" point to me, you are not subject to a random 500 sell amongst 50000 of buys, or the opposite... without being so far behind that you miss the majority of the action. If you only knew for sure. That can easily backfire too. Hindsight is 20-20 |
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You two should get a room.
I'm glad D&T isn't quoting, so I only have to read his side of the conversation. You read all of it?  |
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It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability? Like many others, I'm placing bids and asks to try and take advantage of the situation to make a few bucks. The depth is probably a result of everyone doing the same thing. How? With this lag? There isnt any lag? And its mostly irrelevant at a time like this. Place a bid somewhere pretty low, depending on how risky you are, behind 500-5k of bids... then place asks 500-5k behind the other asks. If you did this throughout this situation, you'd have made a killing. All it relies on is that the market acts extraordinarily stupid, so this wont usually work, and you wont be able to tell it would have until after the fact. Your risk return spectrum is a little wide for me. |
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Ok, enough of this crap. What do you got wind of?
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You two should get a room.
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It's interesting how after buying everything up to $110 and selling everything down to $101 that the bids and asks filled the middle in again so quickly at a variety of prices, creating a market depth profile that looked like nothing had just happened.
I was thinking that same thing. Who's providing the stability? |
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WOW, have you seen how old that article is and how it practically hasn't been seen by anyone at all?? It doesn't suprise me one bit that they're doing that; it's just the social media version of PRISM. -But for no one to have seen that 2011 article is worrysome, especially after PRISM's leak. This kind of tech literally makes it so 99% of the country could all strongly feel that Snowden deserves the Peace Prize, but they all think that they are in the 1%. This is how elections are rigged, IMHO. This + media propaganda. Scary isn't it. Land of the free and home of the brave Air Force on-line social media war. Since when was the Air Force doing counter espionage anyway? Don't they have other agencies for that? |
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I have to conclude that you people didn't read what I posted or understand what mining does so I'll post the important part alone. I don't usually like doing that because it positions peoples ideas out of context.
Here it is: "since they are enabling transactions for a profit."
It's not the reward that he's talking about. It's relaying transactions which do involve exchange for fiat.
I don't think anyone will argue that Bitcoin is not used in just the USA so you all can stop parroting that over and over. However, the lead dev and, in fact, many of the devs live in the USA. BitInstant and quite a few other big businesses are based in the USA. So, for the sake of argument, let's pretend that we give a shit about how the legal system in the USA is reacting toward Bitcoin. Thank you.
I suppose that would be like saying the mailman is a money transmitter for carrying my checks to the utility company. You can try to interpret what FINCen is trying to say, but they haven't done a very good job of elaborating yet. There isn't any practical way to hold miners accountable for their accounting, so unless they want to be heavy handed and make an example out of someone as seems to be the practice of our land of laws, I wouldn't worry about it. I have an idea. Let's turn the tables on FINCen. Since they have such a difficult time elaborating, let's help them. Besides, it's inevitable, so let's accelerate the process. The TBF could sit down side-by-side with them drafting what needs to be drafted, allowing FINCen to take it to any direction they desire. Once completed, we'll know exactly what we have to do on our part. I think FINCen already has what they want - regulations that are so vague they can swing the hammer in any direction and hit something. |
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We shouldn't even be talking to the government... This is none of their business and it should stay that way.
Did you just say, "money isn't the governments business?" No, I said bitcoin is not the governments business.. And it clearly isn't. So who's going to regulate? The US? Well guess what, the rest of the world doesn't give a shit what the US says. Besides, according to FINCEN...... Well nevermind they are just a bunch of overbearing dictators that have no respect for the constitution, privacy, or any civil rights rights for that matter. Government attempts to regulate our bitcoins should be met with fierce opposition, and no negotiations. Sorry but anything the government chooses to regulate is their business. Honestly, I don't see how a woman's uterus is the governments business but they have been regulating that one for years. I remember reading Roe v. Wade in college and wondering at the time how any government could think that's their business. I understand your frustration and you're right the rest of the world shouldn't care what happens here and shouldn't react to it. But the truth is the US government isn't isolationist and hasn't really ever been. They put pressures on other governments in various forms to impose their will right or wrong. This means that legislation passed here will be closely watched by other nations and possibly copied. Is this wrong? Probably. Can we change it? Probably not. I agree that most governments are overbearing and at times dictatorial. Can we change that? Probably not because that requires citizens who care enough to participate in their system of governance in mass and US citizens clearly don't. Should we strike with fierce opposition? I don't know - you lead and we'll see who follows. |
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It doesn't work that way. The regulations are being aimed at "virtual currency." You would just be trading one virtual currency for another one. As the regulatory engine ramps up to full speed the legislation passed will become more all encompassing eventually crushing all forms of competition.
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It's always a good time to buy. You should get as many as you can before the price skyrockets.
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Every single forum I'm a member of has a hot asain thread. I don't know what that means.
It means hot Asian bitches are hot. |
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"I still will go broke paying all those legal fees"
carrots - rolf
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The video mentions that it is a felony in California for a business to raise money without registering with the SEC. So are all Bitcoin stocks illegal in California?  I had the same thought. Especially now since fincen considers bitcoin a 'virtual currency'. Bitcoin is not considered money by the state of California (at least in regard to money transmission): 2003 (n) "Money" means a medium of exchange that is authorized or
adopted by the United States or a foreign government. The term
includes a monetary unit of account established by an
intergovernmental organization or by agreement between two or more
governments.
I wonder how California will feel about a Condom Exchange. Only 21M Condoms will ever be allowed to be exchanged. Currently, 10 Cm = $1.04 on the black market (or OTC). I thought Bitcoin100 was a good idea but you've really cum a long way with your ideas now Bruno. lol Are you trying to infect this thread with a Trojan? That would be hard to do but this thread might get stickied. When that happens, meet me at the Hampton. I'll be the guy vainly standing, holding court with a circle of friends. This would be the perfect time to post that pic of you wearing the red dress. I can't remember what thread it was in or I would do it for you.  You mean the one where I look like Rassah's aunt?  Or me starting a tribe?  Bingo! That's the one - lol |
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The video mentions that it is a felony in California for a business to raise money without registering with the SEC. So are all Bitcoin stocks illegal in California? I had the same thought. Especially now since fincen considers bitcoin a 'virtual currency'. Bitcoin is not considered money by the state of California (at least in regard to money transmission): 2003 (n) "Money" means a medium of exchange that is authorized or
adopted by the United States or a foreign government. The term
includes a monetary unit of account established by an
intergovernmental organization or by agreement between two or more
governments.
I wonder how California will feel about a Condom Exchange. Only 21M Condoms will ever be allowed to be exchanged. Currently, 10 Cm = $1.04 on the black market (or OTC). I thought Bitcoin100 was a good idea but you've really cum a long way with your ideas now Bruno. lol Are you trying to infect this thread with a Trojan? That would be hard to do but this thread might get stickied. When that happens, meet me at the Hampton. I'll be the guy vainly standing, holding court with a circle of friends. This would be the perfect time to post that pic of you wearing the red dress. I can't remember what thread it was in or I would do it for you. |
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We shouldn't even be talking to the government... This is none of their business and it should stay that way.
You have some reading to do my friend. Not only is money their business, it is their money. ALL COMMERCE IS REGULATED. No exception. Even if you find a gold ring on the street, technically you owe some of it to the government. Let's get past this foolishness about bitcoin not being regulated. IT IS being regulated while some bitcoiners hide their heads in the sand. The real question is do you want a voice in the regulation process? Or would rather let the government do it for you? It will be to late when you come here saying "the state took my money!!" The time to act is now, or maybe yesterday. Your head is in the wrong place. Do not ask for permission ... if it is not specifically expressed in law that it is illegal ... it is legal. Asking for regulations is like asking a rapist to do it gently. We're setting our sights too high. Maybe we should just ask for some lube. |
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