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

[Hawkix]

Serious question:
What's the point of the mtgox data dump, and even looking into it?
It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.
Possible that I'm missing something though, so please correct me if I didn't think this through enough...

You can probably bind the data in the MtGox database with blockchain data. Then, you can find all MtGox used Bitcoin addresses. Then, you can find where the rabbit hole goes ...

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[Peter R]

Serious question:

What's the point of the mtgox data dump, and even looking into it?

It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.

Possible that I'm missing something though, so please correct me if I didn't think this through enough...

My thoughts as well.

[adamstgBit]

Serious question:

What's the point of the mtgox data dump, and even looking into it?

It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.

Possible that I'm missing something though, so please correct me if I didn't think this through enough...

My thoughts as well.

i guess poeple are hoping to find evidence that the 180,000 coins moved around the other day was infact GOX coins?

looking forward to a full report.

[686f646c]

Serious question:

What's the point of the mtgox data dump, and even looking into it?

It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.

Possible that I'm missing something though, so please correct me if I didn't think this through enough...

i think the trade data is useful, can figure out a few things like how many whales manipulate by dumping and buy low

[koryu]

Serious question:

What's the point of the mtgox data dump, and even looking into it?

It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.

Possible that I'm missing something though, so please correct me if I didn't think this through enough...

My thoughts as well.

i guess poeple are hoping to find evidence that the 180,000 coins moved around the other day was infact GOX coins?

looking forward to a full report.

yes.

imo thats the information of the leak: 950k user balance. gox says 750k are missing. so 200k left.
but it also tells us that gox should have 500k left instead of 200k. according to the BTC-Transfer-Report file.

but data could be manipulated before the release.

[seldon]

Serious question:

What's the point of the mtgox data dump, and even looking into it?

It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.

Possible that I'm missing something though, so please correct me if I didn't think this through enough...

i think the trade data is useful, can figure out a few things like how many whales manipulate by dumping and buy low

Looking forward to this as well! Finally we can really have a look at the whole "whale doing this, manipulator doing that"-business. Insider-trading as well!

[Richy_T]

I am in very good health.  And I am not Dorian Nakamoto.

Aminorex is not Dorian Nakamoto.

That can only he mean he's Satoshi Nakamoto.  Now I just need to fit the lines to the data and draw a dinosaur, and I'll have definitive proof.

Ask him to confirm that he's not involved in Bitcoin. If he can't, that's proof positive.

[wilfried]

I am in very good health.  And I am not Dorian Nakamoto.

Aminorex is not Dorian Nakamoto.

That can only he mean he's Satoshi Nakamoto.  Now I just need to fit the lines to the data and draw a dinosaur, and I'll have definitive proof.

Ask him to confirm that he's not involved in Bitcoin. If he can't, that's proof positive.

i couldnt find my transactions in btc-transfer-report, found my id in mtgox_balances

[JayJuanGee]

Serious question:
What's the point of the mtgox data dump, and even looking into it?
It only means we get a glimpse into their *internal* accounting... how does that tell us anything that we don't know already.
Possible that I'm missing something though, so please correct me if I didn't think this through enough...

You can probably bind the data in the MtGox database with blockchain data. Then, you can find all MtGox used Bitcoin addresses. Then, you can find where the rabbit hole goes ...

Yes, could answer questions concerning whether GOX is lying, which could impact individual account holders and could impact the bitcoin supply and could impact public impression of bitcoin and security related issues.. or fears.

[Richy_T]

Involuntary takings are theft regardless of who is doing the taking.

Or how.

[solex]

Involuntary takings are theft regardless of who is doing the taking.

Or how.

Taxation.

[JorgeStolfi]

Mr Idiot seems to have rolled back his hyperbole and isn't publishing his whatever it is tomorrow http://two-bit-idiot.tumblr.com/

The "bitcoin community" is haunted by zombies -- people and entities that should have been expelled and forgotten long ago but are still walking around doing damage.   Mark Karpeles and the Shrem Karpeles & Friends Foundation are the two egregious examples.  (The former founder of Brazil's  BitcoinRain is our local example here.)

It seems that being "a respected member of the bitcoin community" is more like a nobility title than a job.  Once you become one, you remain one for life, no matter what mess and damage you do.

Two-bit idiot accused two members of the Board of having had privileged access of some sort at MtGOX.  Now he says that he is backing down because the community closed ranks around those people, and because he does not want to give ammunition to "bitcoin's formibdable enemies".   Can't he see that by doing so he is doing just that? 

MtGOX could be dismissed as a scam by done by a single-person, it the community had been quick to disown him as soon as his management of the exchange became suspicious and harmful to his clients. Instead we saw many "respected members of the community" support him.

See for instance Roger Ver's emphatically vouching for the solvency of MtGOX, when he must have been conscious that he had not enough evidence of it.  Was he motivated by his friendship to Mark, or by his belief that preserving the image of MtGOX was important to preserve the public image of bitcoin?  Either way, he apparently thought that such  motive was more improtant than preventing investors from putting their money and bitcoins into a dubious business.   In the end, his testimonial only hurt the image of bitcoin even more:  "Is there anyone in that community that we can trust?"

The about-face of the Two-Bit Idiot seem to be another instance of that mentality, and to me has the same effect as Ver's testimonial...

[joesmoe2012]

They have been so secret about things for so long, it only leads me to believe they have had problems for ages.

[Hawkix]

i couldnt find my transactions in btc-transfer-report, found my id in mtgox_balances

use wallet-id instead of user-id

[joesmoe2012]

Does the .exe tool connect to their MySQL db or does one need a username/password...?

In the tech crunch screenshot there is information populated into the admin tool, which would lead me to believe it was fully functioning or that screenshot is BS.

[686f646c]

Mr Idiot seems to have rolled back his hyperbole and isn't publishing his whatever it is tomorrow http://two-bit-idiot.tumblr.com/

The "bitcoin community" is haunted by zombies -- people and entities that should have been expelled and forgotten long ago but are still walking around doing damage.   Mark Karpeles and the Shrem Karpeles & Friends Foundation are the two egregious examples.  (The former founder of Brazil's  BitcoinRain is our local example here.)

It seems that being "a respected member of the bitcoin community" is more like a nobility title than a job.  Once you become one, you remain one for life, no matter what mess and damage you do.

Two-bit idiot accused two members of the Board of having had privileged access of some sort at MtGOX.  Now he says that he is backing down because the community closed ranks around those people, and because he does not want to give ammunition to "bitcoin's formibdable enemies".   Can't he see that by doing so he is doing just that? 

MtGOX could be dismissed as a scam by done by a single-person, it the community had been quick to disown him as soon as his management of the exchange became suspicious and harmful to his clients. Instead we saw many "respected members of the community" support him.

See for instance Roger Ver's emphatically vouching for the solvency of MtGOX, when he must have been conscious that he had not enough evidence of it.  Was he motivated by his friendship to Mark, or by his belief that preserving the image of MtGOX was important to preserve the public image of bitcoin?  Either way, he apparently thought that such  motive was more improtant than preventing investors from putting their money and bitcoins into a dubious business.   In the end, his testimonial only hurt the image of bitcoin even more:  "Is there anyone in that community that we can trust?"

The about-face of the Two-Bit Idiot seem to be another instance of that mentality, and to me has the same effect as Ver's testimonial...

I agree, seems the only solution is for community to setup our own foundation and sever ties with the bitcoin foundation.
something i just read about peter  http://www.aarongreenspan.com/writing/essay.html?id=98

[joesmoe2012]

Mr Idiot seems to have rolled back his hyperbole and isn't publishing his whatever it is tomorrow http://two-bit-idiot.tumblr.com/

The "bitcoin community" is haunted by zombies -- people and entities that should have been expelled and forgotten long ago but are still walking around doing damage.   Mark Karpeles and the Shrem Karpeles & Friends Foundation are the two egregious examples.  (The former founder of Brazil's  BitcoinRain is our local example here.)

It seems that being "a respected member of the bitcoin community" is more like a nobility title than a job.  Once you become one, you remain one for life, no matter what mess and damage you do.

Two-bit idiot accused two members of the Board of having had privileged access of some sort at MtGOX.  Now he says that he is backing down because the community closed ranks around those people, and because he does not want to give ammunition to "bitcoin's formibdable enemies".   Can't he see that by doing so he is doing just that? 

MtGOX could be dismissed as a scam by done by a single-person, it the community had been quick to disown him as soon as his management of the exchange became suspicious and harmful to his clients. Instead we saw many "respected members of the community" support him.

See for instance Roger Ver's emphatically vouching for the solvency of MtGOX, when he must have been conscious that he had not enough evidence of it.  Was he motivated by his friendship to Mark, or by his belief that preserving the image of MtGOX was important to preserve the public image of bitcoin?  Either way, he apparently thought that such  motive was more improtant than preventing investors from putting their money and bitcoins into a dubious business.   In the end, his testimonial only hurt the image of bitcoin even more:  "Is there anyone in that community that we can trust?"

The about-face of the Two-Bit Idiot seem to be another instance of that mentality, and to me has the same effect as Ver's testimonial...

I agree, seems the only solution is for community to setup our own foundation and sever ties with the bitcoin foundation.
something i just read about peter  http://www.aarongreenspan.com/writing/essay.html?id=98

Yeah foundation has been a mess for a while now.

[Richy_T]

Involuntary takings are theft regardless of who is doing the taking.

Or how.

Taxation.

That is the obvious one. I was also considering inflation.

[solex]

Involuntary takings are theft regardless of who is doing the taking.

Or how.

Taxation.

That is the obvious one. I was also considering inflation.

Yep. And to think that in 1900 both were insignificant for ordinary people.

I consider that it is only the explosive growth in science and technology, maintaining living standards, that such a deleterious economic system (inflationary fiat, FRB, debt-money, excessive taxation) has been workable. Thus far.

[UnDerDoG81]

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