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1181  Other / Off-topic / Re: FIFA World Cup 2014!!! on: June 14, 2014, 10:20:35 AM

The England vs Italy match is a must win for both the teams. The team which loses this match will go out of the tournament. The goal difference in the Uruguay vs Costa Rica match is also going to be important.

Nah not at all, I think both can beat Uruguay, a win however does somewhat cement getting out of the group stages.
1182  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 04:09:50 PM
gmaxwell (Gregory Maxwell) is also a core dev and has expressed his concerns about the situation on Reddit: http://www.reddit.com/r/Bitcoin/comments/27lotn/people_dont_realize_how_serious_a_50_attack_is/ci27dpy

Yeah but gmaxwell just added his opinion, talking about selling coins and actual market decisions is a different story. Not that I don't think the whole situation is an issue it just reeks of market manipulation when someone in that position talks about selling 1000's of coins. Clearly its a free market and Im not saying it should be censored, just that somebody who's in such a privileged position should act with decorum and for the best of the community. As a respected developer his opinion should matter to the point where he doesn't have to talk about his actual market actions like he needs it to add weight to his point.

He is trying to correct bigger evil, which is bitcoin effectively becoming GHashcoin.

You miss my point, I dont disagree with correcting bigger evil. I disagree with talking your market position while being in the position that he's in. His opinions, ideas and views should carry enough weight without him throwing around his book.
1183  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 04:02:34 PM
gmaxwell (Gregory Maxwell) is also a core dev and has expressed his concerns about the situation on Reddit: http://www.reddit.com/r/Bitcoin/comments/27lotn/people_dont_realize_how_serious_a_50_attack_is/ci27dpy

Yeah but gmaxwell just added his opinion, talking about selling coins and actual market decisions is a different story. Not that I don't think the whole situation is an issue it just reeks of market manipulation when someone in that position talks about selling 1000's of coins. Clearly its a free market and Im not saying it should be censored, just that somebody who's in such a privileged position should act with decorum and for the best of the community. As a respected developer his opinion should matter to the point where he doesn't have to talk about his actual market actions like he needs it to add weight to his point.
1184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 03:35:36 PM
retest of 550?

very likely, at least a test of all the people shouting this is SR crash 2.0 which probably helped the quick bounce back.
1185  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 13, 2014, 01:33:33 PM


where did you go?Huh

the site is here

http://www.peercointalk.org/index.php?board=3.0

To the main site like he said

http://www.peercoin.net/
1186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 13, 2014, 01:25:45 PM
who can help me
send mro from my wallet only 0.99   Cannot send more   Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassedwho can help me

Have you had lots of small inputs to that address?
yes  is my mining address

The issue is the size of transactions from lots of small payouts, this is why you want to mine on a pool with a lower HR so you get less regular payouts but bigger payouts which means your inputs wont be so small. In this case you have no option but to try and send in smaller chunks.
1187  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 12:55:33 PM
as i said, mooncoin on cryptsy is getting very hot, maybe this spike down affected altcoins. But there is a lot of bid support and eating ask.... https://www.cryptsy.com/markets/view/145


The coins so shit you can't even trade it against BTC its worth so little. Go away.
1188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 13, 2014, 12:07:29 PM
who can help me
send mro from my wallet only 0.99   Cannot send more   Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassedwho can help me

Have you had lots of small inputs to that address?
1189  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 10:14:40 AM
Cool story bro.
I will change some of my btcs into ltcs to buy mooncoin, look at this buy support on cryptsy https://www.cryptsy.com/markets/view/145

Its surprising the amount of USD longs on Finex is still high and it hardly reduced at all despite a farily significant drop over the last few days.


1190  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 09:17:02 AM
Regarding silk road coins, if you had around $1.809.000 and bough BTC for it, would you sell them straight away? I don't think so. Anyone buying those coins will be longterm holders.
I have this notion (please correct me) that government auctions of other kinds of property, such as cars and houses, generally are closed well below the respective market prices.

It seems that the people who bid at government auctions usually include "professionals" who buy only to resell.  Those people place bids significantly below market price; if there are no higher bidders, they have made their day; otherwise they just retrieve their deposit and move on to the next auction.  People who are not "professionals" tend to be scared away by the bureaucratic requirements and the large deposit.

Since there will be some delay between sending the payment and receiving the coins, the bidders will also have to factor into their bids the likelihood of the market price falling in that interval and then taking months to recover.  

In summary, it is by no means assured that the auction will close above market. I rather expect the opposite.


The limited buyer group tends to insure that auctions go below market.
Unless these coins are more valuable than others.
The bigger the buying audience, the better the auction pricing and closer to market.

I agree but this is a very unique auction and a unique opportunity. Liquidity is king and its not very easy or safe to buy several thousand BTC on exchange or off exchange. On exchange is hard if you dont trust exchanges with a million of your dollars and off exchange is hard if you don't have the connections.

Property and vehicles that go in government auctions are a very regular occurrence and not widely advertised, in contrast this is known world wide and the first chance to get BTC in this "regulated" way. I can't see the coins going for too much below market price if at all. In fact one could argue that it could go above market price due to the chance at no slippage. However due to the way the bids are being done market price will vary a lot so there will be people not willing to put current market price bids in, in case the market tanks.
1191  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2014, 09:12:47 AM
I think its clutching at straws to try and relate this as directly similar to SR crash, enough people are saying it for it to possibly materialize to spark a rally but the sentiment and the way the market moved were very different at that time.
1192  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2014, 11:37:01 PM
Such denial of the 1W MACD

You might wanna check the 1W MACD denial early october of 2013

It might shake some sense in you kid

Chill your beans no need to get so angry you have no idea what my position is and I was making an observation. Relax.
1193  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2014, 11:20:22 PM
Such denial of the 1W MACD
1194  Other / Off-topic / Re: FIFA World Cup 2014!!! on: June 12, 2014, 10:56:00 PM
Brazil didn't deserve to win today I think they were lucky if anything.

Was never a penalty in a million years, wasn't impressed with the refereeing.
1195  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2014, 10:48:23 PM
What an over reaction though, its not that many coins and how many of the blocks are really gonna be insta sold.
1196  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2014, 10:46:03 PM
Down Finex why wont you go as low as Stamp  Grin
1197  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2014, 04:01:02 PM

Shock.

Gasp.

Re-test after rally!

$600 in sight

Agreed. $600 within reach (<12h).

Then: rally time to 650, maybe higher, touching 700?

Then then: falling back below 640, and eventually re-testing 530.


So say we all? So say we all! Cheesy

I wont lie, I've been remembering this prophecy every now since you said it and if it completes will be one of the best I've seen in a while. Well better than yeah at some point we're going down a bit  Grin
1198  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 12, 2014, 01:44:41 PM
Something I have been thinking about, I think that a currency needs new coins to be minted for all time.

For this argument, let us assume that we do not need miners to solve the security problem, so miners are only needed for making new coins.

I believe that a currency might need this because it takes away incentive for others to compete with that currency. Also it would lower the eventual cost of transactions.

If there is always an amount of new coin generated, it could drive people to join instead of fight.

Hmmm. Any opinions?

There will always be incentive to compete when a currency is based completely on free market mentality, there will always be the people who want to get rich quick and be early adopters. Plus once a currency become established it becomes long and cumbersome to add or change features. Bitcoin is an example of this where most features that are desirable in a new alt could be worked into Bitcoin fairly quickly and easily but there are too many involved to make decisions like that.
1199  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: June 12, 2014, 12:27:44 PM

Add more crypto, namecoin, PPC perhaps

Please don't turn it into an alt exchange, drk is enough. There are plenty of places to trade those coins.
1200  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2014, 11:45:01 AM
Did Bitstamp go to 620 in the past few hour? I'm having some Internet issues and can't see.

yeah

Seriously? W00t. Then my order passed. Hello 20 BTC Smiley
If you were kidding, then I have no comment. Pure evil Cheesy

Depends what a few hours is, it hasn't passed $620 for 9 hours or around 3 am GMT.
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