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961  Alternate cryptocurrencies / Altcoin Discussion / Re: [Poll] What anonymous coin will succed? on: August 23, 2014, 07:57:13 AM
I'm betting pretty heavily on Monero (XMR)  Cool

It provides a superior anonymity solution to DRK or other cryptos as it doesnt even have a blockchain to search. With the code being written from scratch and a strong dev team it's expected to compete with Litecoin and Darkcoin in the coming year (We've already been seeing massive selloffs in DRK and LTC recently, while Monero XMR has been holding strong)

More info here:
https://bitcointalk.org/index.php?topic=583449.0

962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 07:45:53 AM
so..... 450 buy on Huobi and absolutely no one followed. it's like all the bulls up and disappeared. i think we are gonna slowly slide down here and break 500. hopefully not too far below...

I can't take Huobi seriously anymore after seeing countless fake breakouts (on huge volume) that end up turning sour. With no trading fees things are easy to manipulate over there...

I only make trades now when all the major exchanges move together as it's usually when we see volume (and volatility) start to pick up


963  Economy / Speculation / Re: we are in phase 3(venture capital) stage, next is wallstreet then mass adoption on: August 23, 2014, 07:35:57 AM
I have a feeling we're going to see a surge of gold bugs get into crypto when they see us starting getting closer to $1000 again

If you listen near the end of this talk Rubino starts talking about BTC as being complementary to gold as a wealth transfer system. (Keep in mind these are gold bugs who admittedly are still suspicious of Bitcoin yet are still willing to support it)

https://www.youtube.com/watch?v=x6-4uSJYneM

There's alot more money waiting on the sidelines than we think  Cool


964  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 23, 2014, 04:16:14 AM
Where also can I find block explorer info and mining instructions?

The Announcement thread doesn't contain these ? Huh
965  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 23, 2014, 04:15:17 AM
http://www.cryptocoinsnews.com/news/xcurrency-begins-selling-highly-anticipated-xchat-tor-stick/2014/08/07

Im reading that XC will be (or already has) unveiled "TorStick" which seems to be a physical product..

Can anyone knowledgeable elaborate on this "Tor Stick" and how it's used?


Im doing a research project on XC and there doesn't seem to be much information around on this. Very interesting coin so far though team, One of the most unique that I have seen!  Smiley



http://www.theguardian.com/technology/2013/nov/05/tor-beginners-guide-nsa-browser

http://www.tomsguide.com/us/what-is-tor-faq,news-17754.html

Now with that said, Tails is a linux bootable live cd with all of this enabled. So you are good to go right off the bat.  You can install TOR onto any browser in windows.

XC Tor stick is just that, a bootable linux distro with tor enabled and the XC wallet installed.  Once you understand how the onion router (tor) works you can see how you can tag other services onto it.



Cool, this is exactly what I was looking for!

Doesn't seem to be as complicated as I thought it was  Grin
966  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 23, 2014, 03:31:24 AM
http://www.cryptocoinsnews.com/news/xcurrency-begins-selling-highly-anticipated-xchat-tor-stick/2014/08/07

Im reading that XC will be (or already has) unveiled "TorStick" which seems to be a physical product..

Can anyone knowledgeable elaborate on this "Tor Stick" and how it's used?


Im doing a research project on XC and there doesn't seem to be much information around on this. Very interesting coin so far though team, One of the most unique that I have seen!  Smiley

967  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 01:15:32 AM
[.img]http://tumbleweeds[/img]

yup..I think I'll be able to get some sleep this weekend

Dreaming of rocketships  Grin
968  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 03:49:14 PM
wow, you need a graph and a line to realize that there is some support at 500 and that if it holds we will have a little bounce?




I hit my prediction of a bounce off $500 right on the button, if you check my last posts I predicted that last test of 480 right on the button too.

Maybe you should start subscribing to my last posts for trading tips  Wink
969  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 03:14:01 PM
market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...

but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.


I believe TA always rules over any "news" or "fundamentals", hence why I think it should at least touch this support line

Behold my famous mspaint chart: Cheesy
 



LOL this was right on!

24 HR. low is $500.01  Cool
970  Bitcoin / Bitcoin Discussion / Re: Drop In Value And the Current Speculation - Whales pushing margin calls? on: August 22, 2014, 06:04:58 AM
This is what I suspected as well!

Whales could potentially push the price down to margin levels while buying large amounts off exchange

Coindesk reported on the effects of margin but I find it suspicious that Bitfinex put out a release stating that margins apparently didn't cause the drop (which is obviously what happened)  Huh

I'm not too concerned though...take this as an opportunity to buy Cheesy
971  Economy / Speculation / Re: Dollars not accepted here! on: August 22, 2014, 05:46:48 AM
This is huge news! And it's only the beginning of the flight from USD to BTC

heh  Grin
972  Bitcoin / Mining speculation / Re: Just need some experienced users advice. on: August 22, 2014, 05:42:13 AM
From reading what has been posted I know that mining is not very profitable at the moment but I am not overly bothered by profitability rather just an easy way for me to get bitcoins and learn about bitcoins as well. I need bitcoins for transactions online and have been mostly buying them online as well.

This is the mine I am looking to buy http://www.kijiji.ca/v-servers/edmonton/bitmain-antminer-s2/1012832645?

EDIT: "Free" electricity.

I would definitely look into buying some coins (especially at these prices) as well getting a hobby rig running.

Buying bitcoin has always been more profitable than mining, especially when the price has bottomed out. You should find that if the price jumps significantly then the difficulty will follow along with it and you're left with a piddly hashrate in comparison to what you had. Personally, I would just go for the coins if you're looking to experiment, maybe buy a small miner or two to experiment.
973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 02:23:45 AM
market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...

but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.


I believe TA always rules over any "news" or "fundamentals", hence why I think it should at least touch this support line

Behold my famous mspaint chart: Cheesy
 

974  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 22, 2014, 01:49:08 AM
only a few spots left in our Monero XMR giveaway!

Find out how to claim your FREE 0.4 XMR here:
https://bitcointalk.org/index.php?topic=731365.0
975  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Petitioning Cryptsy, Btc-e and others for Monero(XMR) on: August 22, 2014, 01:25:45 AM
I did that but i prefer the prize to be send to monero development donations.

Sure...

Just PM me with screenshot and the development address  Smiley
976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 01:24:29 AM
market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...
977  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Petitioning Major outlets and Exchanges for Monero on: August 21, 2014, 06:49:25 AM
Still many prizes left yall  Grin

thanks to all who have participated so far!

REWARD HAS BEEN RAISED TO .4 XMR PER TWEET


Check the OP for directions on entering our twitter contest!

978  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2014, 11:19:25 PM

Those bids are mostly fake; shared bids from Bitstamp.

How can that be? the asks don't seem to be shared...
 
Looking at the number of asks on Stamp it seems impossible for them to be shared with BFX

Bitstamp: 4300 BTC to 580

Bitfinex: 3500 BTC to 580

Asks are not being shared right now, only bids.

WTF Huh lol

here's your manipulation boys (if true)
979  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2014, 11:04:57 PM

Those bids are mostly fake; shared bids from Bitstamp.

How can that be? the asks don't seem to be shared...
 
Looking at the number of asks on Stamp it seems impossible for them to be shared with BFX

Bitstamp: 4300 BTC to 580

Bitfinex: 3500 BTC to 580
980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2014, 10:49:46 PM
lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate


It's all stop losses, it would require a lot more upside to actually trigger the majority of shorts to get margin called.

educated guess = 640+ 


The amount of coins up for bid to yesterdays low ($480) could get us pretty close!

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