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1201  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2014, 01:57:39 AM
Chinese super wall... 3500 BTC... Crash time

Jesus, someone in china woke up grumpy Cheesy
Or with blue balls cause he didn't get laid last night and is taking it out on the rest of humanity, ahem cryptoland.

Or he needs a REALLY expensive hooker.

I'll do it! $.$  BTC.BTC

If you can get a rise out of this flatline, do it! Do it now!  Grin

I wonder how long this sideways action can last.

nm, and thanks!
1202  Bitcoin / Bitcoin Discussion / Re: How BTCU.biz launched 4000 Bitcoin ATMs in Ukraine on: July 09, 2014, 08:45:04 AM
Quote
“For us, bitcoin is more than a way of transferring money. It is an ideology of free people. [A government's] attitude to bitcoin is a litmus test, it shows the true face of the government. That’s why we support bitcoin,”

I think I like this Stanislav guy.

1203  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2014, 02:30:07 PM
rally still on? Huh

Think of it like a steel trap. The more you crank it down, the harder it's gonna snap.


analogies like this one are the best parts of this thread. makes me wonder what people here are actually around ... and no, i also don't know how such a mechanism looks like.
Lol, sorry, just do Google search for images of "bear trap" and you will see.
1204  Bitcoin / Hardware / Re: Cointerra Hardware Support **Unofficial on: July 06, 2014, 05:53:28 AM
Same deal with mine, just one core though

Has anyone tried just getting rid of all their cooling bullshit and just running this on air?

(I'm thinking cpu tower coolers for each core and a big blower fan blowing across the whole thing...

How big is the area you need to cover? Would normal cpu tower cover it?

The problem is not the coolers. It's the unevenness of the chips (and the ring around the dies) which causes the chips to not make good contact with the bottom of the cooling block. I have tried thermal pads and got lousy results. I have tried reapplying thermal paste several times with different results each time. Then I applied Liquid Pro to both the chips and the bottom of the water block and BINGO. Temps are great now, 59°C-65°C.

Ok, I will order some. But I think I'm still gonna try air cooling, this thing is ungodly loud.

I really hope you're not just some liquid pro rep  Grin
1205  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2014, 05:48:33 AM
rally still on? Huh

Think of it like a steel trap. The more you crank it down, the harder it's gonna snap.

Might take longer than you think...
 "the market can stay irrational longer than you can stay solvent."
1206  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2014, 04:35:39 AM
It looks to me like someone wants to buy at or near 620

might even be the same guy who was selling at 635 you never know

he might have good margins.
1207  Bitcoin / Hardware / Re: Cointerra Hardware Support **Unofficial on: July 06, 2014, 03:33:12 AM
Same deal with mine, just one core though

Has anyone tried just getting rid of all their cooling bullshit and just running this on air?

(I'm thinking cpu tower coolers for each core and a big blower fan blowing across the whole thing...

How big is the area you need to cover? Would normal cpu tower cover it?
1208  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2014, 02:30:51 AM
So that's it Huh Undecided

dissapoiniting

I thought that was pretty gutsy. I seems that who ever has been putting up ask walls lately on Stamp is not doing it to sell but to manipulate.

Yeah I was watching that for a bit, it certainly looked fishy. Like the guy put up a wall and then every time the price would reach 635 he would just eat up all the bids that creeped into the gap, bringing the price back down 10 bucks.

(Tinfoil hat time)
That sort of behavior feels kinda similar to naked shorts in the gold and silver markets.easy too do with fiat, and when you've got the regulators in your back pocket... slightly harder to do with bitcoin, unless you run a non-transparent exchange.
1209  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2014, 01:25:48 AM
Looks like that 635 wall is finally gone. Next rest stop at 640?
1210  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2014, 01:03:18 AM
Little pick up in the buying, but nothing out of the ordinary as of late.

I'm just glad to see a little glimmer of volatility return.

Though it looks like 620-640 range for the next little while... if we break outside that range then it might get interesting.

Lol, spread is like 10 dollars right now, is like watching a fight between red and green candles  Grin
1211  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2014, 05:06:20 PM
Perhaps some soothing music to calm frayed nerves?

https://www.youtube.com/watch?v=WMQg546agpU

 Cool
1212  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 04, 2014, 04:28:26 AM
"IPO is not a way to distribute currency" is just an opinion.

No, it's not just an opinion.  The person that runs the IPO can create as many fake accounts as they want, send in 10 BTC with all of them, get 90% of the coin issued, then all the BTC money goes back to himself anyway.  So the coin issuer not only gets as much premine as he wants, but also profits from anyone else that sends him money.  You couldn't invest in a more idiotic scam no matter how hard you try.

The only valid form of IPO is maybe proof of burn like Counterparty did.

I've been thinking about counterparty more often lately, not exactly as a coin for investment, but more just thinking about these user-created assets.

I've been thinking that these assets might be very interesting as a speculative tool. As I understand it, the protocol includes the means to trade any counterparty asset for any other.

This seems to allow for a complete abstraction of bitcoin into what could become the currencies that people actually end up using. Everything can be tied back, or tethered to bitcoin, similar to the way that government currencies were once tethered to gold.

I just haven't heard much discussion of xcp in here and if anyone has any strong ideas or feelings about it I'd like to hear them. Thanks.
1213  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2014, 06:30:54 PM

.  I'm done teaching you, prof.



He reminds me of the professor from atlas shrugged.

(paraphrasing) "This is the last institute of academic learning in the country! We must sacrifice this silly bitcoin idea to protect the interests of the greater good!"
1214  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2014, 06:08:23 PM
Monkey is suddenly fearful of an impulsive downward movement. 

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

Perhaps monkey has some intuition of farming stop-losses?
1215  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2014, 05:45:57 PM
What happens if it starts trading AFTER moon in achieved? Shocked

MISSION TO MARS!

Sorry, Mars is inhabited by Monero.  You can take a left at Vesta for the on-ramp to the Jupiter highway.


I just had to quote this 'cuz it made me grin, and also to tag it in my history  Grin

Maybe someday my grandchildren living on Europa can look back through granddad's old posts and have a bit of a chuckle too?
1216  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2014, 03:45:06 AM
monkey still wants 3 more down hours, starting with 15 down minutes, now, but doesn't want it below 639 (603 if that fails).

monkey needs a spanking. ( been waiting all day for that!  Grin )

Hehe, I wonder...
Did monkey know that xmr was gonna go boom like it did just now?

XMR is down ~60% in 2 weeks
sell that shit now!

Lol, I got sick of seeing "system buy limit reached" so I moved most of my balance into Monero this morning at .0036 looks to be holding now at .004.  We'll see if it goes anywhere from here.
1217  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2014, 03:23:05 AM
monkey still wants 3 more down hours, starting with 15 down minutes, now, but doesn't want it below 639 (603 if that fails).

monkey needs a spanking. ( been waiting all day for that!  Grin )

Hehe, I wonder...
Did monkey know that xmr was gonna go boom like it did just now?
1218  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 02, 2014, 04:24:57 AM
Quote
Public Note: Dread Pirate Roberts is a hero. The feds are the criminals.

Lulz, I love how people are using the silk road address as one big trollbox.

https://blockchain.info/address/1a8LDh3qtCdMFAgRXzMrdvB8w1EG4h1Xi

I feel bad for that poor lady from Somalia though, I'd have thrown her a few bits if she had only included a donation address, so sad. Cry
1219  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 02, 2014, 03:24:35 AM
^Well said animorex.^

Man I love this thread, much variety.
1220  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 02, 2014, 02:12:10 AM
So, playing with margin has been fun, but now all it says is "System buy limit reached"

Is this a normal thing? Or am I getting zhou-tonged?

It was telling me that the last 2 days. Pretty much there is no more "loans" available, and that all the longs available have been taken. I had to wait until someone sold off when we dropped to 640 the first time earlier today to be able to go long. You just have to try it from time to time and hope you catch it.

Thanks, guess I'll keep trying, but it's really frustrating.
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