Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[seleme]

So it appears they're chasing 'Nakamoto" down the freeway now...

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3

Straight to AP bureau.

Ladies and gentleman, it's him, and we'll hear some news soon.

CCMF 

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[podyx]

So it appears they're chasing 'Nakamoto" down the freeway now...

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3

Straight to AP bureau.

Ladies and gentleman, it's him, and we'll hear some news soon.

CCMF 

what is AP?

[Richy_T]

I did, as I commented earlier. I actually can remember back to a time when I was debating whether to use single or double spaces in a report and then someone telling me that you don't need to double space anymore. Not sure of the exact date or other details surrounding that though. I haven't been using double space since that time.

I never used double space. But I suspect there was a time when I didn't even use single space.

[seleme]

So it appears they're chasing 'Nakamoto" down the freeway now...

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3

Straight to AP bureau.

Ladies and gentleman, it's him, and we'll hear some news soon.

CCMF 

what is AP?

Asociated Press I guess.

[fonzie]

So it appears they're chasing 'Nakamoto" down the freeway now...

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3

Straight to AP bureau.

Ladies and gentleman, it's him, and we'll hear some news soon.

CCMF 

All buy orders removed!

[KeyserSoze]

Back on topic.

When will Satoshi crash the market, and should I place my bids in the double or single digit range?

Do what you want but to me this is extremely bullish:
...amazon review of danish cookies...

Let's go down the rabbit hole a bit, shall we? Far enough that we can't climb back out. Have a couple shots of Jagermeister and let this flow over you...

1) The image you posted has SN written as "Dorian S. Nakamto 'shaver'" -- Satoshi is also evil mastermind Trendon Shavers!
2) More interesting fully confirmed evidence: Newsweek says SN's name is Dorian Prentice Satoshi Nakamoto. Dorian PRentice. DPR. Satoshi ran Silk Road.
3) In Japan, Satoshi Nakamoto would be Nakamoto SAtoshi: NSA
4) Nakamoto's brother says Satoshi worked on secret government projects.
5) Revealing anagram for "Satoshi Nakamoto" is "anatomist hookas" -- quite obviously he was interested in the science behind drug paraphernalia and impacts on the body

Satoshi Nakamoto is a retired government agent who headed up the Bitcoin project for NSA, pulled the pirateat40 scam, ran Silk Road, and goodness only knows what horrors he may be perpetrating in the toy train community. Of course this means Ross Ulbricht must be a patsy. I have double-checked this conspiracy theory three times and cannot find a hole in it.

[derpinheimer]

You know how far Bitcoin went when Satoshi Nakamoto is the bigger news than Ukraine today.

Too bad thats not true. Its barely news.

[Walsoraj]

Might have to do with less than 15 million on Stamp's book. https://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp

[podyx]

what you think the satoshi chase looks like https://www.youtube.com/watch?v=P-5pPEq7O4k

what it really looks like https://www.youtube.com/watch?v=cXpnUndjap4

[seleme]

You know how far Bitcoin went when Satoshi Nakamoto is the bigger news than Ukraine today.

Too bad thats not true. Its barely news.

Dozens of reporters camping in front of his house and than chasing him through the city in cars. This is huge news and that AP guy who was promised interview is going to get nice bonus this month.

https://twitter.com/JoeBelBruno

[Dalmar]

So it appears they're chasing 'Nakamoto" down the freeway now...

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3

A multimillionaire who is eager to get a free lunch?  

[derpinheimer]

Well he just denied being the creator of Bitcoin!

OK so #nakamoto DENIES being the the creator of #bitcoin. Yes, DENIED.

[Walsoraj]

LET SATOSHI HAVE A FREE LUNCH PLZ!!

[seleme]

He denied he created Bitcoin.

[JorgeStolfi]

I give up.  We are not writing in the same language.

http://en.wikipedia.org/wiki/Financial_statement
http://en.wikipedia.org/wiki/Financial_statement#Audit_and_legal_implications

Well done you can access wikipedia.

Please point out how your (or the wikipedia) definition of an "audit" differs from the documents demonstrated above.

An audit validates a financial statement.  Where is that statement?

To prove solvency, an exchange must basically show that (A+B)-(X+Y) is positive, or at least not too negative; where A and B its assets in BTC and national currencies, X and Y are the client account balances in BTC and national currencies, say converted at current prices; or, better than A-X is not negative, AND B-Y is not negative. (The math should include all assets and debts, including bank loans, but let's simplify for this discussion).

By moving the coins, Bitstamp "proved" that (in december) A = 194,933 BTC.  (It did not prove such thing actually; do I need to tell you why? But let's pretend it did.)

The letter from the auditor says that A-X is positive.  How did they get X?

When Antonopoulos "audited" Coinbase, he used the value of X that Coinbase gave him. (That is what I understood, and I cannot imagine how he could have got it except through them.  Correct me if I am wrong.)   

I have seen some audit reports before, including from the "inside", and I think I can tell when they are stretching the words to cover the holes.  What I read in that terse letter is that they verified A as above, but (like Antonopoulos) they trusted the value of X that Bitstamp provided them. 

The letter does not mention B and Y.

[zyk]

Back on topic.

When will Satoshi crash the market, and should I place my bids in the double or single digit range?

Do what you want but to me this is extremely bullish:
...amazon review of danish cookies...

Let's go down the rabbit hole a bit, shall we? Far enough that we can't climb back out. Have a couple shots of Jagermeister and let this flow over you...

1) The image you posted has SN written as "Dorian S. Nakamto 'shaver'" -- Satoshi is also evil mastermind Trendon Shavers!
2) More interesting fully confirmed evidence: Newsweek says SN's name is Dorian Prentice Satoshi Nakamoto. Dorian PRentice. DPR. Satoshi ran Silk Road.
3) In Japan, Satoshi Nakamoto would be Nakamoto SAtoshi: NSA
4) Nakamoto's brother says Satoshi worked on secret government projects.
5) Revealing anagram for "Satoshi Nakamoto" is "anatomist hookas" -- quite obviously he was interested in the science behind drug paraphernalia and impacts on the body

Satoshi Nakamoto is a retired government agent who headed up the Bitcoin project for NSA, pulled the pirateat40 scam, ran Silk Road, and goodness only knows what horrors he may be perpetrating in the toy train community. Of course this means Ross Ulbricht must be a patsy. I have double-checked this conspiracy theory three times and cannot find a hole in it.

LMAO 

[tailor]

Please point out how your (or the wikipedia) definition of an "audit" differs from the documents demonstrated above.

Surely we can agree that a one paragraph statement is not at all equivalent to an audit report? All it shows is they did an exercise to prove there's a certain number of BTC held at Bitstamp, which is arguably far more than most exchanges provide, but it's far short of an audit report.

At a minimum it'd be nice to see report attached to a balance sheet listing customer assets and liabilities (BTC and fiat) stating the auditors have verified it is correct.

[podyx]

He denied he created Bitcoin.

source??

[Dragonkiller]

http://instagram.com/p/lNv9-_QaNF/

[seleme]

He denied he created Bitcoin.

source??

https://twitter.com/JoeBelBruno

he retweeted reported who managed to get into elevator with him.

Asked why did he get into AP reporter car, he said - for free lunch